UnitedHealth, Morgan Stanley Are Among Stocks With Crazy Insider Activity (TheStreet)
Actions speak louder than words, as the saying goes. And when it comes to insiders, that certainly seems to be the case. If we track informative insider transactions, we can get a good idea of the stocks that insiders see as compelling investing opportunities right now as well as the stocks insiders are less convinced about. This matters because insiders have access to a wealth of company information and insights. As a result, the timing of these transactions can provide a critical insight into how these insiders see the company performing.
Monday 1/28 Insider Buying Report: BLPH, MMLP (Nasdaq.com)
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. On Friday, Bellerophon Therapeutics (BLPH)’s Director, Naseem Amin, made a $400,000 purchase of BLPH, buying 571,429 shares at a cost of $0.70 each. Bellerophon Therapeutics is trading up about 4.6% on the day Monday. This purchase marks the first one filed by Amin in the past year.
Insider Buys Of The Week: GTT Communications, Dish Network, Heico (Benzinga)
Conventional wisdom says that insiders and 10 percent owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty. Here’s a look at a few notable insider purchases reported in the past week. GTT Communications: Beneficial owner Spruce House Partnership added to its GTT Communications Inc GTT 0.27% stake again last week. The 229,000 shares purchased, at $27.46 to $29.40, came to more than $6.42 million altogether. The private investment fund’s stake was said to be around 12.22 million shares, while about 50.66 million shares were outstanding.
Monday’s Insider Report: CEO Invests Over $170,000 in This Beaten-down Dividend Stock (TheGlobeandMail)
Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over. The list features insider transaction activity; it does not convey total ownership information as an insider may hold numerous accounts. Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock’s valuation; perhaps an insider needs to raise money for personal reasons. An insider’s total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company.
Have Insiders Been Selling Concho Resources Inc. (NYSE:CXO) Shares? (Simply Wall St.)
We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So before you buy or sell Concho Resources Inc. (NYSE:CXO), you may well want to know whether insiders have been buying or selling.
