Multiple Insiders Have Bought Apache Corporationand (APA) More in the Last 3 Months

Several insiders have added shares of high-yield telecom company Windstream Corporation (NYSE:WIN). At $8.45 as of this writing, the stock price is currently about even with where the first insiders started buying in early March. Windstream has been making quarterly dividend payments of 25 cents per share since 2006, which at current prices gives it a yield of over 10%, but financial performance has not been particularly strong. As a result the trailing P/E looks high and a number of market players are bearish judging by the fact that 13% of the float is held short. Income investors might consider Windstream but should be cautious in our view.

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