Insiders keep on buying Macerich Co and Seattle Genetics

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May 22, 2015

The All-In-One Guru Screenercan be used to find out the most insider buys over the last week by clicking on the insiders tab and changing the settings for All Insider Buying “$5,000,000+” and Duration to "over the past 7 days."

Trades by insiders of the past 7 days, according to the above filters are about Macerich Co (MAC) and Seattle Genetics Inc (SGEN):

On May 19, Ontario teachers pension plan which is director and 10% owner of Macerich Co (MAC) paid $98,698,900 to buy 1,186,000 shares of MAC at an average price of $83.22. After that trades, the price of MAC declined by 0.4% and reached $82.89.

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Ontario teachers pension plan is going on buying MAC as reported on the article of the last week, read more here

The company looks undervalued by 63% based on the DCF model even so during the last 12 months the price rose by 26%.

After this buy, the insider bought MAC four times on May, 2015

On May 21, Baker Felix bought 950,886 shares of Seattle Genetics Inc (SGEN)with a total cost of $40,403,100. He bought SGEN, at an average price of $42.49 and since that trade, the price increased by 3.0% to $43.76.

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SGEN is now trading with a P/B ratio of 26.10. This ratio is ranked lower than 59% of other companies in the same industry (that has an average P/E of 6.60). During the last 12 months the price rose by 34% (9.56% during the last 5 days).

The company has an institutional ownership of 92% and and insider ownership of 1% and even for SGEN, insiders keep on buying shares during the month of May, 2015 as reported on this article

After this buy, the insider is the 5th holder of the company.