5 Mid-Cap Stocks with Recent Insider Purchases

In this article, we will take a look at the 5 mid-cap stocks that insiders have been buying lately. If you want to explore similar stocks, you can go to Inside Scoop: 10 Mid-Cap Stocks with Recent Insider Purchases.

5. Blackstone Mortgage Trust Inc. (NYSE:BXMT)

Market Cap as of May 22: $3.04 Billion

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) operates as a mortgage REIT in the United States. The company is headquartered in New York. As of May 22, Blackstone Mortgage Trust Inc. (NYSE:BXMT) is worth $3.04 billion on the open market.

This April, BTIG analyst Sarah Barcomb took coverage of Blackstone Mortgage Trust Inc. (NYSE:BXMT) with a Buy rating and a $19 price target.

Insiders are pouring into Blackstone Mortgage Trust Inc. (NYSE:BXMT). On May 10 the company disclosed that its cofounder and chairman, Michael Nash, acquired 50,000 shares of the company’s stock at $17.22 per share. The transaction was valued at $0.86 million.

As of March 31, LDR Capital is the largest shareholder in Blackstone Mortgage Trust Inc. (NYSE:BXMT) and has a position worth $30.3 million in the company.

4. DISH Network Corporation (NASDAQ:DISH)

Market Cap as of May 22: $3.56 Billion

On May 9, TD Cowen revised his price target on DISH Network Corporation (NASDAQ:DISH) to $32 from $38 and maintained an Outperform rating on the shares.

DISH Network Corporation (NASDAQ:DISH) is placed fourth among the mid-cap stocks that insiders have been buying lately. Between May 1 and May 22 the company’s executive vice president, Jim DeFranco, has purchased 3 million company shares for a total transaction amount of over $18.5 million. As of May 22, the company is worth $3.56 billion on the open market.

As of March 31, Eagle Capital Management is the most prominent investor in DISH Network Corporation (NASDAQ:DISH) and has disclosed a position worth $139.6 million.

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.

2. Caesars Entertainment Inc. (NASDAQ:CZR)

Market Cap as of May 22: $9.42 Billion

On May 3, Deutsche Bank revised its price target on Caesars Entertainment Inc. (NASDAQ:CZR) to $68 from $70 and reiterated a Buy rating on the shares. As of May 22, Caesars Entertainment Inc. (NASDAQ:CZR) is worth $9.42 billion on the open market.

On May 5 Caesars Entertainment Inc. (NASDAQ:CZR) disclosed that its director, Michael E. Pegram, bought 25,000 shares of the company’s stock at $45.02 per share for a total transaction amount of $1.12 million. Caesars Entertainment Inc. (NASDAQ:CZR) is one of the most notable mid-cap stocks with recent insider buying.

As of March 31, HG Vora Capital Management is the most prominent stockholder in Caesars Entertainment Inc. (NASDAQ:CZR) and has a stake worth $329.4 million in the company.

1. KeyCorp (NYSE:KEY)

Market Cap as of May 22: $9.55 Billion

Insiders are racking up shares of KeyCorp (NYSE:KEY). On May 3 the company disclosed in a regulatory filing that its president, Randy Paine, acquired 75,000 company shares at an average share price of $9.78 per share. The transaction was valued at $0.73 million. As of May 22, KeyCorp (NYSE:KEY) is worth $9.55 billion on the open market.

On April 23, UBS revised its price target on KeyCorp (NYSE:KEY) to $15 from $16 and maintained a Buy rating on the shares.

As of March 31, Adage Capital Management is the largest shareholder in KeyCorp (NYSE:KEY) and has disclosed a position worth $208.9 million in the company.

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