_pennystock版 - Seven Stocks With CEO Buying in the Past Week |
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发帖数: 2252 | 1 Seven Stocks With CEO Buying in the Past Week
by: Steven Kiel February 08, 2011 |
about: ACLS / BKMU / MOFG / NL / NPTN / ORI / VICL
http://seekingalpha.com/article/251438-seven-stocks-with-ceo-bu
When looking at insider purchases, CEO and CFO buying is a better indicator
than board purchases. Since management is dealing with day to day matters,
they have a better idea of what may be a positive catalyst for the stock.
These are great indicators because insiders only make purchases on the open
market if they think the share price will go up in the future, or because
they want to convince you that they think it will. While they’re certainly
susceptible to poor timing and emotional responses like any other investors,
these lists are a great starting point for research.
Below are seven stocks that have seen insider buying by their CEOs in the
last week:
1.Axcelis Technologies (ACLS): Axcelis manufactures and services ion
implantation and dry strip equipment used in the fabrication of
semiconductors. Their customers include chipmakers like Samsung (SSNLF.PK)
and Advanced Micro Devices (AMD). They are facing increased competition
which is hurting their margins. Their balance sheet is a better story,
though, with $0.50 in cash and little long term debt. CEO Mary Puma bought
10,000 shares on February 4, and now owns nearly 300,000 shares. Two
directors and the CFO bought shares on the 4th as well.
2.Bank Mutual Corp. (BKMU): I highlighted Bank Mutual in my column about
insider buying in companies hitting 52 week lows. To read that column,
please click here. BKMU continues to bounce around their lows despite their
2.7% dividend. Their CEO bought shares on February 1.
3.MidWest One Financial Group (MOFG): CEO Charles Funk picked up 1,000
shares of this $125 million Iowa bank on February 1. He currently owns about
47,000 shares. Additionally, two directors purchased shares in the last
week as well. On January 27, the bank announced full year EPS of $1.07. Net
interest margin increased and mortgage origination and loan servicing fees
increased dramatically. Book value stands at $18.39 and price to book is 0.8.
4.NL Industries (NL): I wrote about NL Industries in last week’s update.
You can find that article by clicking here. Since then, CEO Harold Simmons
has picked up another 16,000 shares at $13 on February 7.
5.NeoPhotonics (NPTN): NeoPhotonics is a Chinese integrated circuit
manufacturer who had an IPO on February 2. The IPO was priced at $11 and
shares have already skyrocketed above $17. In the morning of the IPO, they
sold additional shares at $14 and CEO Jenks Storrs and the CFO picked up 1,
000 shares each.
6.Old Republic International (ORI): For the first time in nearly two years,
CEO Aldo Zucaro bought shares on the open market. He purchased 5,000 shares
on February 1 for $12.20. Old Republic is primarily a mortgage and title
insurer and the weak housing market has taken its toll on the company. The
company reported earnings on January 27 with 2010 EPS at $0.13, an
improvement of $0.55 over 2009. Their book value is $16.16, putting their P/
B at 0.8. The dividend yield is an impressive 5.6% and they seem to have the
ability to continue it at this level.
7.Vical Inc. (VICL): Vical is a $142 million biopharma engaged in the
development of treatments using its DNA delivery technology. They have a
number of drugs at different stages of development and testing. The stock
traded near $4 in September, but poor results from a clinical trial and a
secondary offering priced at $2.25 cut the legs out of the share price. CEO
Vijay Samant picked up 500 shares on February 4 for $1,000. You have to
wonder why it was even worth the trouble. He currently owns 526,000 shares.
Disclosure: I have no positions in any stocks mentioned, and no plans to
initiate any positions within the next 72 hours. | f**********g
发帖数: 2252 | 2 Seven Stocks With CEO Buying in the Past Week
by: Steven Kiel February 08, 2011 |
about: ACLS / BKMU / MOFG / NL / NPTN / ORI / VICL
http://seekingalpha.com/article/251438-seven-stocks-with-ceo-bu
When looking at insider purchases, CEO and CFO buying is a better indicator
than board purchases. Since management is dealing with day to day matters,
they have a better idea of what may be a positive catalyst for the stock.
These are great indicators because insiders only make purchases on the open
market if they think the share price will go up in the future, or because
they want to convince you that they think it will. While they’re certainly
susceptible to poor timing and emotional responses like any other investors,
these lists are a great starting point for research.
Below are seven stocks that have seen insider buying by their CEOs in the
last week:
1.Axcelis Technologies (ACLS): Axcelis manufactures and services ion
implantation and dry strip equipment used in the fabrication of
semiconductors. Their customers include chipmakers like Samsung (SSNLF.PK)
and Advanced Micro Devices (AMD). They are facing increased competition
which is hurting their margins. Their balance sheet is a better story,
though, with $0.50 in cash and little long term debt. CEO Mary Puma bought
10,000 shares on February 4, and now owns nearly 300,000 shares. Two
directors and the CFO bought shares on the 4th as well.
2.Bank Mutual Corp. (BKMU): I highlighted Bank Mutual in my column about
insider buying in companies hitting 52 week lows. To read that column,
please click here. BKMU continues to bounce around their lows despite their
2.7% dividend. Their CEO bought shares on February 1.
3.MidWest One Financial Group (MOFG): CEO Charles Funk picked up 1,000
shares of this $125 million Iowa bank on February 1. He currently owns about
47,000 shares. Additionally, two directors purchased shares in the last
week as well. On January 27, the bank announced full year EPS of $1.07. Net
interest margin increased and mortgage origination and loan servicing fees
increased dramatically. Book value stands at $18.39 and price to book is 0.8.
4.NL Industries (NL): I wrote about NL Industries in last week’s update.
You can find that article by clicking here. Since then, CEO Harold Simmons
has picked up another 16,000 shares at $13 on February 7.
5.NeoPhotonics (NPTN): NeoPhotonics is a Chinese integrated circuit
manufacturer who had an IPO on February 2. The IPO was priced at $11 and
shares have already skyrocketed above $17. In the morning of the IPO, they
sold additional shares at $14 and CEO Jenks Storrs and the CFO picked up 1,
000 shares each.
6.Old Republic International (ORI): For the first time in nearly two years,
CEO Aldo Zucaro bought shares on the open market. He purchased 5,000 shares
on February 1 for $12.20. Old Republic is primarily a mortgage and title
insurer and the weak housing market has taken its toll on the company. The
company reported earnings on January 27 with 2010 EPS at $0.13, an
improvement of $0.55 over 2009. Their book value is $16.16, putting their P/
B at 0.8. The dividend yield is an impressive 5.6% and they seem to have the
ability to continue it at this level.
7.Vical Inc. (VICL): Vical is a $142 million biopharma engaged in the
development of treatments using its DNA delivery technology. They have a
number of drugs at different stages of development and testing. The stock
traded near $4 in September, but poor results from a clinical trial and a
secondary offering priced at $2.25 cut the legs out of the share price. CEO
Vijay Samant picked up 500 shares on February 4 for $1,000. You have to
wonder why it was even worth the trouble. He currently owns 526,000 shares.
Disclosure: I have no positions in any stocks mentioned, and no plans to
initiate any positions within the next 72 hours. |
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