Insiders Keep Buying Kinder Morgan and Heron Therapeutics

Author's Avatar
Jun 14, 2015

The All-In-One Guru Screenercan be used to find insider buys over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$2,000,000+” and Duration to "over the past 7 days".

According to the above filters, the following are the recent buys from company insiders:

On June 12, Richard D. Kinder, Executive Chairman and 10% owner of Kinder Morgan, Inc. (KMI), kept on buying KMI after the 100,000 shares bought the past week (check this article). He bought another 100,000 shares at the price of $39 with a total cost of $3,900,000. After that buy, the price of the stock didn’t face any relevant change (-0.2%).

On June 10, Kevin C. Tang, director and 10% owner of of Heron Therapeutics Inc. (HRTX), kept on buying HRTX after the 150,000 shares bought the past week (check this article). He bought 121,212 shares at the price of $24.75 with a total cost of $3,000,000. After a gain of 26% of the last week, the price rose another 23.5%.

On June 10, Mark H Rachesky Md, Director and 10% owner of Navistar International Corp (NAV) bought 925,000 shares of NAV at the average price of $24.55. Since that buy, the price of the stock rose by 2.6%.

The company has an institutional ownership of 97% and an insider ownership of 1%.

The price of the company dropped by 33% over the last 12 months and is now trading with a very cheap forward P/E(ttm) ratio of 10.20. The company has almost null returns and based on the Peter Lynch earnings line, the company looks undervalued by more than 400%. During the Q1 of 2015 many gurus were interested to start or increase their position on NAV. Mario Gabelli (Trades, Portfolio), RS Investment Management (Trades, Portfolio), Hotchkis & Wiley and Murray Stahl (Trades, Portfolio) increased their positions, while Jim Simons (Trades, Portfolio) and Steven Cohen (Trades, Portfolio) bought shares of the company for first time.

On June 10, Bruce Berkowitz, 10% owner of Sears Holdings Corp (SHLD) bought 305,500 shares of SHLD at the average price of $28.07. Since that buy, the price of the stock dropped by 18.5%.

The company has an institutional ownership of 98% and an insider ownership of 2%.

The price of the company dropped by 24% over the last 12 months and is now trading with a very cheap P/S ratio of 0.10. The company has negative returns and based on the Peter Lynch earnings line, the company looks overpriced by 47%.

On June 09, Ernest S Rady, executive chairman and 10% owner of American Assets Trust Inc (AAT) bought 75,785 shares of AAT at the average price of $39.40. Since that buy, the price of the stock didn’t face any change (+0.5%).

The company has an institutional ownership of 79% and an insider ownership of 1%.

The price of the company rose by 17% over the last 12 months and is now trading with a very high P/E(ttm) ratio of 75.10. The company has almost null returns and based on the DCF model, the company looks overpriced by 554%.

On June 08, James E. Ferrell, director of Ferrellgas Partners LP (FGP) bought 405,000 shares of the company at an average price of $23.15 with a total cost of $9,315,000. Since that trade, the price of the stock increased by 0.7%.

The price of the company rose by 18% over the last 12 months and is now trading with a P/E(ttm) ratio of 68.80 and a forward P/E of 14.71. The company has a ROA of 2.48% and a ROC of 17.58% and while its revenue dropped by 3.40% over the last 3 years, EBITDA grew by 9.90%.