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Largest CEO Buys of the Week

April 14, 2014 | About:
Monica Wolfe

Monica Wolfe

133 followers

Over the past week 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

Ameresco (AMRC)

Over the past week President and CEO George Sakellaris has made two insider buys as his company’s price has fallen to a 52-week low.

On April 7, President and CEO George Sakellaris made a notable insider buy into his company. The CEO added 99,675 shares to his stake. He bought these shares for $7.22 per share for a total transaction amount of $719,654. Since his buy the price per share has dropped a slight -0.69%. Sakellaris now holds on to at least 3,572,621 shares of his company’s stock.

Earlier in the week Sakellaris purchased 12,320 shares at $7.25 per share. This cost him $89,320, and since then the price per share has dropped an additional -3.45%.

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As shown in the chart above, Sakellaris has recently increased his rate of insider buying as the company’s share price has dropped to a 52-week low.

Ameresco is a provider of energy efficiency solutions for facilities throughout North America. Its solutions enable customers to reduce their energy consumption, lower their operating and maintenance costs and realize environmental benefits.

Ameresco’s historical revenue and net income:

1397509248915.png

The analysis on Ameresco reports that the company’s revenue has been in decline over the past three years, it has issued $58.7 million of debt over the past three years and its asset growth is currently faster than its revenue growth. On the other hand, it also notes that the company’s price and P/B and P/S ratios are all near 5-year lows.

Chuck Royce (Trades, Portfolio) is the only guru that maintains a position in Ameresco. The guru holds on to 1,397,099 shares, representing 0.04% of his total assets managed and 3.06% of the company’s shares outstanding.

Ameresco has a market cap of $321.5 million. Its shares are currently trading at around $7.00 with a P/E ratio of 129.60, a P/S ratio of 0.60 and a P/B ratio of 1.20.

Premier Alliance Group (PIMO)

Over the past week CEO Kent Anson of Premier Alliance Group added a notable 195,000 shares to his holdings. He bought these shares for $0.68 per share, spending a total of $132,600 shares of the company’s stock. Since his purchase the price per share is down a notable -10.29%. This marks the first insider buy for the company’s CEO. He now holds on to 195,000 shares of the company’s stock.

As shown in the chart below, this is also the first insider buy for the company in 2014.

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Premier Alliance Group is a service and solution delivery firm that provides advisory, consulting & resource services. Its main business is to serve as a problem solver by providing subject matter expertise through its delivery teams.

Premier Alliance Group’s historical revenue and earnings growth:

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The analysis on Premier Alliance Group reports that the company has had operating loss over the past three years, its revenue has been in decline over the past five years and over the past three years the company has issued $2.248 million of debt.

There are currently no gurus that hold a position in Premier Alliance Group.

Premier Alliance Group has a market cap of $16.5 million. Its shares are currently trading at around $0.58 with a P/S ratio of 0.60 and a P/B ratio of 0.80.

Oiltanking Partners (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 1,500 shares to her stake. She bought these shares at an average price of $77.81 for a total transaction amount of $116,715. The price is trading down -3.1% at $76.06 this afternoon. Since her most recent buy, Ainsworth now holds on to 13,000 shares of company stock.

Director David Griffis also made a buy this week adding a small 64 shares to his holdings. The guru bought these at $78.51 per share spending a much smaller total of $5,025. Since his buy the price per share is down about -3.96%. The guru holds on to a total of 9,424 shares of the company’s stock.

1397509778823.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:

1397509833643.png

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 company announced recently an expanded LPG terminal agreement with Enterprise. This extension will be utilized to further increase exports of liquefied petroleum gas at the partnership’s terminal on the Houston Ship Channel. You can read more about this extension here.

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

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Oiltanking Partners has a market cap of $3.14 billion. Its shares are currently trading at around $75.77 with a P/E ratio of 16.20, a P/S ratio of 7.10 and a P/B ratio of 6.50. The dividend yield of Oiltanking Partners is 2.30%.

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

Calamos Asset Management (CLMS)

Calamos Asset Management has a strong history of insider buying coming from the company’s CEO. John Calamos Sr. is the company’s Chairman, CEO & Global CIO, and is also the company’s largest individual investor. On April 8, Calamos added an additional 33,343 shares of the company’s stock at an average price of $12.49 per share. This cost the company’s head a total of $416,455, making it one of his largest buys of 2014 thus far.

Since his most recent buy, the price per share has increased approximately 2.4%, and the CEO now holds on to a total of 2,957,335 shares of the company’s stock.

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Insider buying for the company’s executives has become increasingly more common as the price per share has been hovering near its 52-week low as well as rebounding from this low.

Calamos Asset Management is a global asset management firm that offers strategies to fulfill a range of asset allocation goals through a multi-team platform. The company together with its subsidiaries provides investment advisory services to various individuals, corporations and partnerships.

Calamos Asset’s historical revenue and net income:

1397510910788.png

The analysis on Calamos reports that the company’s operating margin is expanding, its dividend payout ratio is too high and its Altman Z-Score indicates that the company is currently under some sort of financial stress.

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

1397510945049.png

Calamos Asset Management has a market cap of $263.2 million. Its shares are currently trading at around $12.75 with a P/E ratio of 13.60, a P/S ratio of 1.00 and a P/B ratio of 1.10. The dividend yield of Calamos Asset Management stocks is 3.90%.

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

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  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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henrylara02
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