posted on 22 May 2016
by Asif Suria
Insider buying decreased last week with insiders buying $75.93 million of stock compared to $79 million in the week prior. Selling increased with insiders selling $2.17 billion of stock last week compared to $1.84 billion in the week prior.
Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by total insider purchases that week. The adjusted ratio for last week went up to 28.53. In other words, insiders sold almost 29 times as much stock as they purchased. The Sell/Buy ratio this week compares unfavorably with the prior week, when the ratio stood at 23.26. We are calculating an adjusted ratio by removing transactions by funds and companies and trying as best as possible only to retain information about insiders and 10% owners who are not funds or companies.
Insider Sell Buy Ratio May 20, 2016
Note: As mentioned in the first post in this series, certain industries have their preferred metrics such as same store sales for retailers, funds from operations (FFO) for REITs and revenue per available room (RevPAR) for hotels that provide a better basis for comparison than simple valuation metrics. However metrics like Price/Earnings, Price/Sales and Enterprise Value/EBITDA included below should provide a good starting point for analyzing the majority of stocks.
Notable Insider Buys:
1. Western Refining, Inc. (WNR): $23.23
Chairman of BOD, Executive Chair Paul L. Foster acquired 1,000,000 shares of this oil and gas pipelines company, paying $21.60 per share for a total amount of $21.6 million. 475,000 of these shares were purchased indirectly by Franklin Mountain Investments Limited Partnership.
You can view the list of recent insider transactions for Western Refining, Inc. here.
2. IDI, Inc (IDI): $5.1
Executive Chairman Michael Brauser acquired 419,530 shares of this data and analytical solutions provider, paying $5.25 per share for a total amount of $2.2 million. These shares were purchased indirectly by Birchtree Capital, LLC.
You can view the list of recent insider transactions for IDI, Inc here.
3. Sotheby's (BID): $28.65
Shares of this auctioneer were acquired by 3 insiders:
You can view the list of recent insider transactions for Sotheby's here.
4. Hudson Pacific Properties, Inc. (HPP): $27.62
Shares of this California based office properties REIT, were acquired by 3 insiders:
You can view the list of recent insider transactions for Hudson Pacific Properties, Inc. here.
5. TICC Capital Corp. (TICC): $5.29
Shares of this business development company were acquired by 4 insiders:
You can view the list of recent insider transactions for TICC Capital Corp. here.
You can view the full list of purchases from this Insider Buying page.
Notable Insider Sales:
1. Camden Property Trust (CPT): $84.51
Chairman and CEO Richard J. Campo sold 110,000 shares of this apartment REIT for $85.80, generating $9.44 million from the sale.
You can view the list of recent insider transactions for Camden Property Trust here.
2. VCA Inc. (WOOF): $64.61
COO & Senior VP Arthur J. Antin sold 200,000 shares of this animal healthcare company for $64.04, generating $12.81 million from the sale. These shares were sold indirectly through a trust.
You can view the list of recent insider transactions for VCA Inc. here.
3. Activision Blizzard, Inc. (ATVI): $37.53
Shares of this video game software company were sold by 2 insiders:
You can view the list of recent insider transactions for Activision Blizzard, Inc. here.
4. Electronic Arts Inc. (EA): $73.11
Shares of this video games company were sold by 6 insiders:
You can view the list of recent insider transactions for Electronic Arts Inc. here.
5. Markel Corp. (MKL): $982.84
Shares of this insurance company were sold by 4 insiders:
You can view the list of recent insider transactions for Markel Corp. here.
You can view the full list of sales from this Insider Sales page.
Disclaimer Clients of Signal Partners, LLC and I may have positions in any of these stocks at any time. Please do your own due diligence before buying or selling any securities mentioned in this article. We do not warrant the completeness or accuracy of the content or data provided in this article.
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