Insiders Have Bought Apache Corporation (APA), Kohl’s Corporation (KSS), and More

Page 1 of 2

We track insider purchases and sales in our database of insider trading filings. While insider sales often aren’t necessarily bearish signals, since it makes sense for insiders to diversify their investments away from the company which employs them, a purchase should signify that the insider believes particularly strongly that the stock will do well. Of course, insiders aren’t always correct but studies do show that stocks bought by insiders outperform broader market indices (read our analysis of studies on insider trading). Investors can therefore treat insider purchases similarly to a stock screen and do more research on any companies which seem like good values. Here are five stocks that insiders have bought recently:

Apache Corporation (NYSE:APA)

A Board member at Apache Corporation (NYSE:APA) bought 10,000 shares on March 26th at an average price of $74.48 per share. Earlier in March another Apache Corporation (NYSE:APA) insider had been buying the stock; these consensus insider purchases, according to studies, are particularly bullish signals. In the fourth quarter of 2012 Apache Corporation (NYSE:APA) experienced a significant decrease in earnings versus a year earlier. Wall Street analysts are expecting net income to improve considerably over the next couple years: the current market capitalization of $29 billion represents a trailing P/E of 15 but is only 7 times forward earnings estimates.

Kohl’s Corporation (NYSE:KSS) was another stock seeing insider buying as a Board member directly purchased 2,500 shares of stock for $45.38 per share. The department store’s same store sales growth was essentially flat in 2012 compared to 2011, and earnings dropped 16%. As a result while the earnings multiples are low- specifically, Kohl’s Corporation (NYSE:KSS) trades at 11 times trailing earnings- we would hesitate to consider it a good value and think that investors should look at its peers instead. Anthony Bozza’s Lakewood Capital Management, a hedge fund with about $1 billion in AUM, owned 770,000 shares at the end of December (find Lakewood’s favorite stocks).

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!