Analyzing insider trades, especially in small-cap companies is an efficient way to figure out a stock’s performance in the coming months. Investing in companies based on insider trades can reap rich benefits for investors, as proven by Insider Monkey’s Small Cap Strategy that has beaten S&P 500 by 54 percentage points in 24 months. Three companies that have witnessed good amount of insider buying in the last few days are – Novavax, Inc. (NASDAQ:NVAX), Lands’ End, Inc. (NASDAQ:LE), and EQT Corporation (NYSE:EQT). Let’s discuss each of them in detail.
Novavax, Inc. (NASDAQ:NVAX) is a $1 billion market cap, clinical-stage biopharmaceutical company that specializes in creating recombinant protein nanoparticle vaccines. On October 3, Novavax, Inc. (NASDAQ:NVAX)’s Senior Vice President of Manufacturing, Jon Timothy Hahn, bought 2,500 shares of the company at $4.05 per share. With this purchase, Hahn now owns a total of 101,156 shares of Novavax, Inc (NASDAQ:NVAX). On the same date, Novavax, Inc. (NASDAQ:NVAX)’s CFO, Barclay A Philips, bought 5,000 shares of the company at $4.11 per share. With this purchase Philips now owns a total of 28,656 shares of Novavax, Inc. (NASDAQ:NVAX). D.E. Shaw’s firm D.E. Shaw is one of the hedge funds that is bullish on the stock, as of June 30, 2014, the fund holds 548,321 shares of the company. Based on last fiscal year results, Novavax, Inc. (NASDAQ:NVAX) has a negative EPS of $0.31 and 59% of all shares of the company are currently owned by institutional investors.
Lands’ End, Inc. (NASDAQ:LE) is a $1.48 billion market cap, clothing retailer. On October 3, Lands’ End, Inc. (NASDAQ:LE)’s COO/CFO & Treasurer, Michael P Rosera, and John McClain, a director with the company bought 1,000 and 100 shares of the company respectively. Rosera made his purchase in 2 tranches, one of 800 shares and the other of 200 shares, both bought at $41.11 per share, while McClain bought his 100 shares at $41.55 per share. With this purchase, Rosera now owns a total of 20,254 shares of Lands’ End, Inc. (NASDAQ:LE). The 10 shares purchased by McClain were his first investment in the company’s stock. Bruce Berkowitz’s Fairholme and Edward Lampert’s ESL Investments are two hedge funds that are bullish on the stock, as of June 30, 2014, Fairholme owns 3.6 million shares and ESL investments owns 7.95 million shares of Lands’ End, Inc. (NASDAQ:LE). Based on last fiscal year results, Lands’ End, Inc. (NASDAQ:LE) has an EPS of $2.60 and trades at 17.79 times price versus earnings.
EQT Corporation (NYSE:EQT) is a $13.55 billion market cap, oil and natural gas company. On October 1, Bray A Cary Jr., a director of EQT Corporation (NYSE:EQT) bought 179 shares of the company at $91.54 per share. With this purchase, Cary Jr. now owns 9,623 shares of EQT Corporation (NYSE:EQT). Hedge fund legend George Soros is also bullish on this company and, as of June 30, 2014, his private investment firm, Soros Fund Management, owns over 1.6 million shares of the company. Based on last fiscal year results, EQT Corporation (NYSE:EQT) has an EPS of $2.70 and trades at 33.06 times price versus earnings. EQT Corporation (NYSE:EQT) is one of the largest producers of natural gas in Appalachian basin. The company was founded in 1888, in Pittsburg, PA and currently employs nearly 1,800 people.
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