Insiders Have Bought The Boeing Company (BA), Newmont Mining Corp (NEM), and More

The CEO of $1 billion market cap computer peripherals manufacturer Logitech International SA (USA) (NASDAQ:LOGI) added 16,000 shares to his direct holdings. Due to a troubled PC industry reducing demand for the company’s products, Logitech has fallen 34% in the last year. Revenue has been down considerably, and for the most recent fiscal year (which ended in March) the financial statements actually show an operating loss. Analyst expectations imply a forward P/E of 21, fairly high. We’d note that the CEO had previously bought shares in August 2012, with the stock decreasing in price since that time.

We tracked a purchase of NuStar Energy L.P. (NYSE:NS) in late April by a member of the company’s Board of Directors. NuStar is a $3.8 billion market company which stores and transports petroleum products including crude oil, refined petroleum products, and chemicals. The company currently makes quarterly dividend payments of nearly $1.10 per share, which comes out to an annual yield of over 8%. That is certainly of interest, although earnings decreased 17% in its most recent quarter compared to the same period in the previous year and so we’d have to be satisfied that operating cash flow has remained high enough to make those dividend payments.

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