Two Insiders Bought Web.com

Page 1 of 2

Two members of Web.com Group, Inc. (NASDAQ:WWWW)’s Board of Directors, Deborah Quazzo and Philip Facchina, reported buying shares of the stock on December 13th at prices of about $14 per share. Quazzo purchased 7,100 shares- giving her a total of nearly 40,000 shares- while Facchina’s direct holdings now sit at just over 52,000 shares after buying 10,000 shares on the same day. See a history of insider purchases at Web.com. Studies show that insider purchases are bullish signs (read more about studies on insider trading), and when insider trading filings show consensus insider buying it is particularly bullish on average. Web.com provides domain services for small businesses in the Americas and in Britain.

Web.com Group Inc (NASDAQ:WWWW)

Deloitte recently named Web.com Group, Inc. one of the fastest growing technology companies in North America, and that’s quite apparent when looking at the company’s most recent 10-Q: revenue in the third quarter of 2012 came in at $106 million, easily more than double the $44 million in sales from a year ago. In the first nine months of the year revenue had been up 136%. However, costs have also been up and as a result Web.com reported a slightly larger operating loss last quarter than in the third quarter of 2011. With interest expenses also being high, losses per share were 45 cents (as opposed to 19 cents in the same period in the previous year). Cash flow from operations has also grown, enough so that Web.com Group, Inc. has been paying down at least some of its substantial debt.

While the company is unprofitable for 2012, the market capitalization of $700 million (with plenty of daily dollar volume for most investors) places its valuation at 8 times forward earnings estimates. The sell-side’s optimism doesn’t end there; in their eyes, earnings growth will continue over the next several years and so the five-year PEG ratio is 0.6. Columbus Circle Investors, managed by Donald Chiboucis, initiated a position of about 840,000 shares last quarter (check out more of Chiboucis’ stock picks). However, a number of market players seem very bearish on the stock as the most recent data shows that 31% of the outstanding shares are held short.

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

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways 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

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

The 10 Biggest Outlet Malls in USA

The 5 Most Popular Rap Songs of All Time

The 10 Countries that Eat the Most Meat

The10 Most Expensive Countries to Fly To

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!