Largest Insider Buys of the Past Week

Author's Avatar
Oct 14, 2013
Article's Main Image
The past week was rather quiet in the world of insider buying. There were several companies reporting smaller insider buys along some large insider sells. The following insiders reported the largest insider buys over the past week. These transactions were judged based on the number of insiders buying, transaction amount and the amount of shares being purchased.

Oiltanking Partners LP (OILT)

Over the past week there were two insiders making notable buys into Oiltanking Partners. These buys come as the company’s price continues to exceed its previous highs.

President and CEO Anne-Marie Ainsworth made the largest buy, adding 1,000 shares to her stake. She bought these shares at an average price of $55.04 for a total transaction amount of $55,040. The price is trading up at $55.55 this morning. Since her most recent buy, Ainsworth now holds on to 10,000 shares of company stock.

Director David Griffis made a significantly smaller sell, adding 91 shares to his holding. He bought these shares at $55 per share, and now maintains a total of 8,956 shares of Oiltanking stock.

1381767680354.png

As shown in the chart above, Oiltanking Partners has a strong history of insider buying, with a consistent rate of insider buying still occurring despite the fact that the company is trading at a historical high.

Oiltanking Partners is a company that is engaged in independent storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas. Its terminal assets are located along the upper Gulf Coast in the U.S.

Oiltanking Partners’ historical revenue and net income:

1381768074287.png

The company recently announced that they would release their third quarter financials on Nov. 6, after the market closes.

The analysis on the company reports that their revenue has been in decline over the past three years, its price is at a 3-year high and its dividend yield is at a 1-year low.

The Peter Lynch Chart suggests that the company is currently undervalued:

1381768655627.png

Oiltanking Partners has a market cap of $2.15 billion. Its shares are currently trading at around $55.55 with a P/E ratio of 8.20, a P/S ratio of 6.70 and a P/B ratio of 7.10. The dividend yield of Oiltanking Partners is 2.90%.

Jim Simons is the only guru that maintains a position in OILT.

Prudential Bancorp Inc. (PBIP)

There were five insiders of Prudential Bancorp making buys last week as a part of the company’s second step conversion and $71.4 million public offering. The company was formerly known as Prudential Bancorp of Pennsylvania, and commenced trading on the Nasdaq Global Market on Oct. 10, 1013.

The public offering priced the company’s shares at $10 per share. The individual insiders’ transactions are listed below:

· Director Jerome Balka purchased 1,500 shares, and he now holds on to 26,885 shares.

· Executive VP and CFO Joseph Corrato bought 3,311 shares, and he now owns 37,235 shares.

· Director AJ Fanelli bought 500 shares. He holds at least 14,479 shares of Prudential.

· Director Francis Mulcahy added 1,000 shares, and now holds on to 18,340 shares.

· Chairman, CEO and Pres. Thomas Vento bought 8,576 shares. He now holds 76,945 shares.

1381769747501.png

Since these insiders’ purchases the price per share is now trading up an additional 8.6%. Also, as shown in the chart above these five buys are the first insider transactions reported for the company since Dec. 2011.

Prudential Bancorp is the holding company for Prudential Savings Bank. Prudential Savings Bank is a Pennsylvania-chartered, FDIC-insured savings bank.

Prudential Bancorp’s historical revenue and net income:

1381770344364.png

The company has been working on its conversion from Prudential Bancorp of Pennsylvania to Prudential Bancorp Inc for the past month. And as a result of its secondary offering a total of 7,141,602 shares were sold for an approximate total of $71.4 million. The total shares outstanding after the stock offering and the exchange are approximately 9.545 million shares.

The analysis on Prudential Bancorp reports that the company’s revenue has slowed over the past year, its price is at a 3-year high and the company has a comfortable interest coverage, meaning that it holds enough cash to cover all of its debt.

The Peter Lynch Chart suggests that the company is currently overvalued:

1381771736603.png

Prudential Bancorp Inc. has a market cap of $109.4 million. Its shares are currently trading at around $10.86 with a P/E ratio of 40.50, a P/S ratio of 6.40 and a P/B ratio of 1.80.

Jim Simons and Michael Price hold positions in Prudential Bancorp.

Yum Brands (YUM)

Last week Director Robert Walter made the first insider buy reported for Yum Brands since March. The director added a notable 20,000 shares to his stake at a trade price of $66.09 per share. This transaction cost Walter a total of $1,321,800. Since his buy the price per share has increased approximately 1.56%. The director now holds on to over 108,000 shares of company stock.

1381772459425.png

This buy comes as the company’s share price has dropped from its previous 10-year high.

Yum Brands is a restaurant holdings company. The company operates three main brands of fast food restaurants under the names: KFC, Pizza Hut and Taco Bell. The company also owns non-controlling interests in Chinese entities who operate similar to KFC franchisees.

Yum Brands’ historical revenue and net income:

1381772830105.png

The company’s recently released third quarter financials report:

· EPS of $0.85 per share, down 15%.

· Added 364 new restaurants; 79% of which were in emerging markets.

· Announced a 10% increase in its quarterly dividend on Sept. 19. This is the ninth consecutive year that the company has increased its dividend at a double-digit percentage rate.

· Operating profit declined 9% worldwide.

· China sales declined 11% as a result of the adverse chicken publicity incident.

The Peter Lynch Chart suggests that the company is currently overvalued:

1381777952365.png

Yum Brands has a market cap of $29.9 billion. Its shares are currently trading at around $67.01 with a P/E ratio of 22.00, a P/S ratio of 3.20 and a P/B ratio of 13.50. The company had an annual average earnings growth of 10.9% over the past ten years.

There are currently 11 gurus that hold on to Yum Brands stock.

GuruFocus rated Yum Brands had the business predictability rank of 5-star.

Pizza Inn Holdings (PZZI)

Over the past week, President and CEO of Pizza Inn Holdings, Randall Gier, made a significant insider buy. Gier bought a total of 11,300 shares of his company’s stock at an average price of $7.48 per share. This cost the CEO a total of $84,524. Since his buy, the price per share has increased 5.88%. Gier now holds on to 30,000 shares of his company’s stock.

1381780003597.png

This is the first insider buy reported for the company since 2008.

Pizza Inn and its subsidiaries operate and franchise pizza buffet, delivery/carry-out and express restaurants domestically and internationally under the name Pizza Inn.

Pizza Inn’s historical revenue and net income:

1381780789262.png

The company recently reported its fourth quarter and full fiscal year 2013 results which highlighted:

· Adjusted EBITDA decreased $0.3 million to $0.1 million from the fourth quarter 2012.

· Net income decreased $0.6 million to a net loss of $0.7 million.

· The company-owned Pie Five restaurant sales increased 51% from last year to $1.4 million.

· For the full year EBITDA decreased $1.2 million to $0.7 million.

· Net income decreased $1.6 million, to a loss of $1.3 million.

· Company-owned restaurant sales increased 35% from last year.

Pizza Inn has a market cap of $66.8 million. Its shares are currently trading at around $7.92 with a P/E ratio of 5641.70, a P/S ratio of 1.50 and a P/B ratio of 10.50.

There are currently no gurus that hold a position in Pizza Inn.

You can view a complete list of CEO buys and sells here.

Try a free 7-day premium membership.