Insiders Have Bought Alcoa Inc (AA), Mosaic Co (MOS), and More

AeroVironment, Inc. (NASDAQ:AVAV), a $410 million market cap company which generates most of its business from providing unmanned aircraft systems to the Department of Defense (about 300,000 shares are traded daily, and the current market cap is over $18), had a trust connected to a company insider report buying 7,000 shares. While the military has been shifting towards unmanned systems, it is also likely to be cutting spending in the near future; in addition, AeroVironment, Inc. (NASDAQ:AVAV)’s business has been down significantly recently. In fact, its last quarterly report showed an operating loss. The company does have plenty of cash on hand.

The spouse of a Board member at America’s Car-Mart, Inc. (NASDAQ:CRMT), an auto dealership with a market capitalization of about $400 million (but over $1 million in daily dollar volume) bought a little over 1,600 shares with the Board member himself buying over 700 at about the same time. Revenue was up 13% in the company’s most recent quarter (which ended in January) from its levels a year ago, with a similar rise in net income. The trailing P/E is in the low teens, and if the low market cap is not an issue it might be worth comparing America’s Car-Mart, Inc. (NASDAQ:CRMT) to larger auto dealers.

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