10 High PE Stocks Insiders Are Buying

8. Intelligent Protection Management Corp. (NASDAQ:IPM)

Forward P/E ratio: 87.50

Intelligent Protection Management Corp. (NASDAQ:IPM) is a provider of managed technology solutions, specializing in cloud infrastructure, cybersecurity, and IT services for enterprise and commercial clients. In short, the company offers a suite of services that facilitate cloud hosting, data storage, security, backup, and disaster recovery for industries such as finance, legal, healthcare, and manufacturing. IPM was included in the top 3 on our list of the 10 Oversold Software Stocks to Buy According to Analysts.

Intelligent Protection Management Corp. (NASDAQ:IPM) has undergone a significant transformation by completing the acquisition of Newtek Technology Solutions (NTS) and divesting its Paltalk, Camfrog, and Vumber applications to Meteor Mobile Holdings in January 2025. This strategic shift positions the company in the cloud infrastructure and cybersecurity sectors, which are expected to have a meaningful impact on revenue and provide additional growth opportunities. The company achieved a significant legal victory with a $65.7 million jury verdict in a patent infringement lawsuit against Cisco, though the final proceeds are estimated to be no more than one-third of the gross amount.

The financial results for Q4 2024 showed mixed performance, with revenue from continuing operations increasing 9.1% to $0.3 million, primarily due to increased sales from ManyCam. However, Intelligent Protection Management Corp. (NASDAQ:IPM) reported a net loss increase of 1,840% to $5.5 million compared to $0.3 million, including a one-time impairment loss on divested assets of $3.8 million. Looking forward, the company has established strategic partnerships, including a referral arrangement with NewtekOne, which has the potential to help find new customers through its network of thousands of business clients. The company maintains a strong financial position with $10.6 million in cash and no long-term debt as of the 2024 end. Despite a tumultuous last couple of quarters, the significant insider buying going on at IPM is reassuring for the company’s future.