We recently published a list of 10 Stocks Insiders Are Buying This Year. In this article, we are going to take a look at where Curtiss-Wright Corporation (NYSE:CW) stands against other stocks that insiders are buying this year.
Even though this is just the beginning of the year, we thought it might be interesting to see what stocks have attracted the most attention from insiders. Why? Sometimes, when executives or insiders acquire shares early in the year, it could mean that they expect strong financial results or positive company developments.
On the other hand, insiders sometimes sell shares at the beginning of the year for tax reasons. For example, they can sell shares to harvest tax loss or to balance out gains/losses from the previous year.
Both insider selling and buying can be driven by various motives, however, it’s important to consider these moves within the broader context of the company’s fundamentals, industry trends, and overall market conditions. That’s why due diligence before any investment is of the utmost importance. However, insider trading activity in combination with other relevant determinants can offer valuable insights into a company’s capabilities, helping investors make more informed investment decisions.
To identify the 10 stocks insiders are buying this year we used Insider Monkey’s insider trading stock screener and looked for stocks with at least five insiders buying since the beginning of the year. With each stock, we note the number of insiders who recently bought shares.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
An assembly line of industrial vehicles, showcasing the company’s technological prowess.
Curtiss-Wright Corporation (NYSE:CW)
Number of Insiders Buying: 7
A provider of engineered products and services for the aerospace, defense, and industrial markets, Curtiss-Wright Corporation (NYSE:CW) is eighth among 10 stocks insiders are buying this year. On February 6, seven insiders, including chair and CEO, CFO, and COO, acquired a total of around $68.73 million worth of Curtiss-Wright shares, at a price of $304.12 per share.
Curtiss-Wright (NYSE:CW) operates in three segments – defense electronics, aerospace and industrial, and naval and power. The company has a workforce consisting of around 8,000 professionals who develop and design various engineered solutions. It prides itself on building on the heritage of Glenn Curtiss and the Wright brothers.
The stock is currently trading at $323.20 per share, having gained 37.65% over the past 12 months.
For the full year ended December 31, 2024, the company reported sales of $3.1 billion, compared to $2.85 billion for 2023. Total operating income amounted to $529 million, which compares to $484 million in the prior year.
On February 5, Curtiss-Wright (NYSE:CW) announced that its Board of Directors declared a quarterly dividend of $0.21 per share on Curtiss-Wright Common Stock, payable April 14, 2025, to stockholders of record as of March 27, 2025.
According to data from Stock Analysis, 6 analysts have the average “Buy” rating on CW stock, with a 12-month stock price target of $382.67, which is an increase of 18.40% from the latest price.
Overall, CW ranks 8th on our list of stocks that insiders are buying this year. While we acknowledge the potential of CW, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap
Disclosure: None. This article is originally published at Insider Monkey.
Hedge Fund Resource Center