Insider Buying Alert: Valeant Pharmaceuticals Intl Inc (VRX), Green Mountain Coffee Roasters Inc. (GMCR), TASER International, Inc. (TASR)

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Terex Corporation (NYSE:TEX), the manufacturer of aerial work platforms and other construction equipment, had an insider shift about 2,000 shares to her retirement account and add additional shares of the stock. Since demand for construction equipment is highly dependent on the overall economy, Terex is highly responsive to broader market conditions with a beta of 4.3. Business is down, but Wall Street analysts expect a rebound in earnings next year resulting in a forward P/E of 9. Billionaire David Tepper’s Appaloosa Management initiated a position in Terex between April and June (check out more stocks Tepper was buying).

The CEO of Marriott Vacations Worldwide Corp (NYSE:VAC), which manages Marriott’s vacation ownership assets, bought 3,000 shares of the stock in late August. Earnings per share have been on the rise at Marriott Vacations, with adjusted EPS for Q2 crushing analyst expectations and sales up 12% versus a year earlier. While trailing earnings are still low relative to the stock’s valuation, sell-side projections have the five-year PEG ratio below 1. SAC Capital Advisors, managed by billionaire Steve Cohen, reported owning about 670,000 shares in its most recent 13F (find Cohen’s favorite stocks).

Finishing up our list of recent insider buys is an acquisition of 50,000 shares of TASER International, Inc. (NASDAQ:TASR). Taser has joined gun related stocks in a steep rise over the last year, more than doubling in price. In its most recent quarter, profits grew by close to 30% compared to the same period in the previous year stemming from both higher sales and wider margins. However, markets have already accounted for a good deal of future growth as shown by the fact that the trailing and forward P/Es are 41 and 32 respectively.

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

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