5 Mid-Cap Stocks with Recent Insider Purchases

3. Newell Brands Inc. (NYSE:NWL

Market Cap as of May 22: $3.60 Billion

Insiders are stacking up shares of Newell Brands Inc. (NYSE:NWL). So far in May, the company’s executive vice president and CFO, Mark Erceg, has purchased 100,100 company shares for a total transaction amount of roughly $1 million. As of May 22, the company is valued at $3.60 billion on the open market. Newell Brands Inc. (NYSE:NWL) is one of the top mid-cap stocks that is experiencing buy-side insider activity.

This May, Deutsche Bank analyst Steve Powers updated his price target on Newell Brands Inc. (NYSE:NWL) to $13 from $14 and maintained a Hold rating on the shares.

As of March 31, Pzena Investment Management is the dominant investor in Newell Brands Inc. (NYSE:NWL) and holds a position worth $632 million in the company.

Follow Newell Brands Inc. (NYSE:NWL)