Insiders Are Buying WidePoint and Selling Paycom

They even bought Akari Therapeutics and keep on buying Sprint Corp, Galenfeha.

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Sep 25, 2015
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The All-In-One Guru Screener can 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 “$1,000,000+” and duration to "September 2015."

According to the above filters, the following are the recent buys from company insiders during the third week of September.

On Sept. 18, James Ketner, director and now 10% owner of Galenfeha Inc. (GLFH), bought 1,254,150 shares of the company at the average price of 13 cents per share with a total cost of $163,040. Since then, the price of the stock has doubled.

The insider started to buy shares of the company Sept. 10; since then he has been increasing his stake with an amazing return of 100% every week.

The company has an insider ownership of 50%.

The price of the company has dropped by 32% during the last 12 months. The company has negative returns with ROE of -79.12% and ROA -67.43%. Despite the very negative profitability, the company has a positive financial situation, with a cash-to-debt ratio of 2.57 and has been out of debts for many years, and the current trend shows the company is increasing its debts level.

On Sept. 18, Mark S. Cohen, director of Akari Therapeutics PLC (AKTX), bought 1,055,600 shares of the company at the average price of 19 cents per share with a total cost of $200,564. Since then, the price of the stock has risen by 12,926.3% to $24.75.

The company has an insider ownership of 7%.

The price of the company has dropped by 56% during the last 12 months. Akari has deep negative returns with ROE of -597.59% and ROA -447.55%. Despite the very negative profitability, the company has a strong financial situation, being out of debts, according to both the cash-to-debt and the interest coverage ratio.

On Sept. 22, Nokomis Capital LLC, now 10% owner of WidePoint Corp. (WYY), bought 4,004,158 shares of the company at the average price of 79 cents per share with a total cost of $3,163,280. Since then, the price of the stock has risen by 48.1% to $1.17.

The company has an insider ownership of 10% and an institutional ownership of 35%.

The price of the company has dropped by 40% during the last 12 months but is now still trading with a very high forward P/E of 48.78. WidePoint has negative returns with ROE of -28.11% and ROA -18.68% evens so these are the better ratios of the recent company’s history. Financial situation has a rating of 4 out of 10 with cash to debt of 4.85 and equity to asset of 0.65%. The company was out of debts 10 years back.

Latest gurus trading the company has been Jim Simons (Trades, Portfolio) and Murray Stahl (Trades, Portfolio) that sold out their shares in 2014 and 2013 respectively.

Softbank Group Corp. keeps on buying shares of Sprint Corp.Ă‚ (S) with another big stake of 13,334,531 shares at the price of $4.43 and a total cost of $59,072,000.

During the last quarter gurus like Dodge & Cox, Jim Simons (Trades, Portfolio) and Mario Gabelli (Trades, Portfolio) increased their stakes of Sprint by 47.26%, 61.40% and 71.23% respectively.

On Sept. 22, Ravago Holdings America Inc., now 10% owner of XZERES Corp. (XPWR) bought 2,279,055 shares of the company at the price of 7 cents per share and a total cost of $159,534

The company has an insider ownership of 6% and an institutional ownership of 20%.

The price of the company has dropped by 91% during the last 12 months and is now trading with a P/S ratio of 0.71. The company has negative returns with ROA -112.39% and ROC -391.65% and even worst financial situation, with cash to debt of 0.02 and a negative equity to asset ratio of -1.68.

Latest gurus trading the company have been Jim Simons (Trades, Portfolio) and Murray Stahl (Trades, Portfolio) who sold out their shares in 2014 and 2013 respectively.

Applying the same settings to the screener for All Insider Selling to “$1,000,000+” and duration to "September 2015," the most relevant trade is about the company Paycom Software Inc. (PAYC) that has seen 17 10% owners and two directors sell their shares on Sept. 21.

The price of the stock has risen by 109% during the last 12 months and is now trading with a very high P/E(ttm) ratio of 117.30. The company has strong profitability with ROE of 22.59% and ROA of 2.68% that are topping the recent company’s history.

The main shareholder of the company is Jim Simons (Trades, Portfolio) with 0.15% of outstanding shares, followed by Paul Tudor Jones (Trades, Portfolio) with 0.07% and Joel Greenblatt (Trades, Portfolio) with 0.06%.