Join        Login             Stock Quote

Special Reports Update: Top Insider Purchases

 August 06, 2010 12:13 PM

Top Insider Purchases – August 5, 2010:

1. Symantec Corporation (NASDAQ: SYMC): $13.09

Director Michael Brown acquired 40,000 shares of this security and storage solutions provider, paying $13 per share for a total amount of $520,000.

P/E: 13.29Forward P/E: 8.61Industry P/E: 29.91
P/S: 1.74Price/Book: 2.29EV/EBITDA: 5.32
Market Cap: $10.42BAvg. Daily Volume: 15,680,70052 Week Range: $12.82 – $19.16

[Related -The Best Of Three Tech Shorts]

2. CA Technologies (NASDAQ: CA): $19.79

Director Arthur Weinbach acquired 20,000 shares of this IT services company, paying $19.78 per share for a total amount of $395,564. CA was also mentioned in the Insider Weekends – July 30 post when another director acquired 25,000 shares.

P/E: 13Forward P/E: 9.85Industry P/E: 24.04
P/S: 2.34Price/Book: 2EV/EBITDA: 5.73
Market Cap: $10.21BAvg. Daily Volume: 5,907,05052 Week Range: $17.8 – $24.15

3. Corning Inc. (NYSE: GLW): $19.22

[Related -Ride Apple's Success With This 'Secret' Stock]

Director John Canning Jr. acquired 20,000 shares of this manufacturer of specialty glass and ceramics products, paying $19.16 per share for a total amount of $383,190.

P/E: 9.74Forward P/E: 9.29Industry P/E: 18.12
P/S: 4.79Price/Book: 1.76EV/EBITDA: 12.84
Market Cap: $30.01BAvg. Daily Volume: 18,096,40052 Week Range: $14.14 – $21.1

4. White Mountains Insurance Group, Ltd. (NYSE: WTM): $320

Director Yves Brouillette acquired 1,000 shares of this insurance company, paying $318.73 per share for a total amount of $318,729.

P/E: 7.08Forward P/E: 17.32Industry P/E: 8.19
P/S: 0.64Price/Book: 0.78EV/EBITDA: N/A
Market Cap: $2.79BAvg. Daily Volume: 27,55752 Week Range: $276.27 – $363.37

5. Whole Foods Market, Inc. (NASDAQ: WFMI): $36.36

Director William Tindell acquired 8,000 shares of this 0perator of natural and organic food supermarkets, paying $36.43 per share for a total amount of $291,432.

P/E: 30.4Forward P/E: 22.73Industry P/E: 16.79
P/S: 0.73Price/Book: 2.8EV/EBITDA: 10.23
Market Cap: $6.23BAvg. Daily Volume: 2,661,91052 Week Range: $24.94 – $43.18

Since all the purchases above were by directors of companies and not by members of their management team, I decided to highlight 5 additional companies today where members of the management team purchased stock.

Top Insider Management Purchases – August 5, 2010:

1. MDC Partners Inc. (NASDAQ: MDCA): $12.61

Shares of this marketing communications services provider were purchased by two insiders.

  • Chairman, CEO & President Miles Nadal acquired 12,500 shares, paying $12.46 per share for a total amount of $155,800. Mr. Nadal was also mentioned in yesterday's post when he acquired 63,288 shares.
  • Vice Chairman Stephen Pustil acquired 5,000 shares, paying $12.45 per share for a total amount of $62,250
P/E: N/AForward P/E: N/AIndustry P/E: N/A
P/S: 0.62Price/Book: 4.65EV/EBITDA: N/A
Market Cap: $364.60MAvg. Daily Volume: 85,79752 Week Range: 5.99 - 13.19

2. BioScrip Inc. (NASDAQ: BIOS): $4.24

Shares of this specialty pharmaceutical healthcare organization were acquired by two insiders

  • Chief Financial Officer Stanley Rosenbaum acquired 20,000 shares, paying $4.24 per share for a total amount of $84,702
  • Executive Vice President Barry Posnen acquired 10,000 shares, paying $4.19 per share for a total amount of $41,850
P/E: 4.38Forward P/E: 8.48Industry P/E: 15.72
P/S: 0.16Price/Book: 0.85EV/EBITDA: 18.53
Market Cap: $226.29MAvg. Daily Volume: 523,31252 Week Range: $4.12 – $9.84

3. MEMC Electronic Materials Inc. (NYSE: WFR): $9.53

Shares of this manufacturer of silicon wafers were purchased by two insiders following a steep decline in the stock price last week after the company reported disappointing results. A third insider (SVP Sales & Marketing) also acquired 3,200 shares on August 3rd.

  • SVP & CFO Charles Timothy Oliver acquired 8,000 shares, paying $9.52 per share for a total amount of $76,160
  • Principal Accounting Officer Denis McCarthy acquired 1,145 shares, paying $9.54 per share for a total amount of $10,923
P/E: N/AForward P/E: 9.53Industry P/E: 22.87
P/S: 1.39Price/Book: 1.01EV/EBITDA: 19.92
Market Cap: $2.16BAvg. Daily Volume: 7,502,98052 Week Range: $9.19 – $19.31

4. MFA Financial, Inc. (NYSE: MFA): $7.25

Shares of this real estate investment trust were purchased by two insiders

  • President & CFO William Gorin acquired 6,000 shares, paying $7.26 per share for a total amount of $43,560
  • Senior VP & General Counsel Timothy Korth acquired 1,000 shares, paying $7.26 per share for a total amount of $7,260
P/E: 6.54Forward P/E: 7.32Industry P/E: 14.93
P/S: 5.85Price/Book: 0.91EV/EBITDA: N/A
Market Cap: $2.03BAvg. Daily Volume: 5,866,01052 Week Range: $6.14 – $8.39

5. CalAmp Corp. (NASDAQ: CAMP): $2.3901

Chief Executive Officer Richard Gold acquired 8,507 shares of this developer and marketer of wireless communications solutions, paying $2.34 per share for a total amount of $19,923

P/E: N/AForward P/E: 5.83Industry P/E: 18.12
P/S: 0.56Price/Book: 3.75EV/EBITDA: -12.27
Market Cap: $66.07MAvg. Daily Volume: 114,74052 Week Range: $1.6 – $3.77

Voluntary Disclosure: I have a long position in MEMC Electronic Materials (WFR)



Comments Closed

rss feed

Latest Stories

article imageTackling China's Debt Problem: Can Debt-Equity Conversions Help?

China’s high and rising corporate debt problem and how best to address it has received much attention read on...

article imageWill Job Growth Kill The Bear-Market Signal For Stocks?

It’s all about jobs now. Actually, it’s always been about jobs. But the stakes are even higher—perhaps more read on...

article imageAutomating Ourselves To Unemployment

In this current era of central planning, malincentives abound. We raced to frack as fast we could for the read on...

article imageFed: Waiting For June… Or Godot?

The Federal Reserve left interest rates unchanged yesterday, as widely expected. But the possibility of a read on...

Popular Articles

Daily Sector Scan
Partner Center

Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.