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

A vice president at Ultra Petroleum Corp. (NYSE:UPL) who had previously bought shares in early March bought an additional 3,000 shares on April 1st. Over 80% of Ultra’s revenue comes from natural gas- as opposed to Apache Corporation (NYSE:APA), which derives about that share of its revenue from oil sales- and so the company has been hit hard by low natural gas prices. Ultra Petroleum Corp. (NYSE:UPL) was barely profitable in 2012 even after adding back impairment charges, and revenue was down 24%. Marathon Asset Management reported a position of 2.5 million shares at the end of the fourth quarter of 2012 (see Marathon’s stock picks).

$4.9 billion market cap telecom company Windstream Corporation (NYSE:WIN) had several company officers buying shares in the last month. Windstream Corporation (NYSE:WIN) currently pays a quarterly dividend of 25 cents per share, which at current prices makes for a dividend yield of over 12%. The stock price is down by a larger amount than that in the last year, and the dividend itself is not as solid as one would find at larger telecom companies such as AT&T (NYSE:T), but it is certainly high enough that income investors may be willing to take on the risk. Cash flow from operations was $1.8 billion in 2012, though most of this cash was used on capital expenditures.

CEO James Hooke of Macquarie Infrastructure Company LLC (NYSE:MIC) purchased over 13,000 shares of stock on March 28th for a little over $51 per share. Macquarie Infrastructure Company LLC (NYSE:MIC) is another stock which should get some attention from income investors, with a dividend yield of 5.1%. However, records show that the company ceased paying dividends for some time during the financial crisis, and even after they resumed it took some additional time for them to rise back to 2008 levels. So as with Windstream investors in search of yield should be cautious- it might be worth looking for lower-yield investments in more reliable companies.

Disclosure: I own no shares of any stocks mentioned in this article.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!