Insiders Sell Paycom, Facebook and Virtu Financial, Buy KaloBios

10% owner Martin Shkreli saw his stake in KaloBios grow by 670% within 2 days

Author's Avatar
Nov 20, 2015
Article's Main Image

The All-In-One Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying/All Insider Selling to “$1,000,000+” and duration to "November 2015."

According to the above filters, the following are the recent buys from company insiders in the past week.

On Nov. 13, Alexander R.Ă‚ Slusky, a 10% owner of Tangoe Inc. (TNGO), bought 2,684,576 shares of the company at the price of $7.16 per share and a total cost of $19,221,600. Since then, the price of the stock has risen by 5.4% to $7.55 per share.

The company has an insider ownership of 8% and an institutional ownership of 93%.

During the last 12 months, the price of the stock has dropped by 42% and is now trading with a low P/B ratio of 1.62. The price is 49.40% below its 52-week high and 29.28% above its 52-week low.

During the third quarter, three gurus traded shares of Tangoe: Paul Tudor Jones (Trades, Portfolio) sold out his stake, Jim Simons (Trades, Portfolio) increased his stake by 18.58%, and Chuck Royce (Trades, Portfolio) reduced his stake by 19.45%

On Nov. 13, Sandor Capital Master Fund, a 10% owner of Northsight Capital Inc. (NCAP), bought 2,000,000 shares of the company at the price of 2 cents per share and a total cost of $40,000. Since then, the price of the stock has risen by 300% to 8 cents per share.

The company has an insider ownership of 2% and an institutional ownership of 85%.

During the last 12 months, the price of the stock has dropped by 93% and is now 96% below its 52-week high and 165.78% above its 52-week low.

On Nov. 16, Stephen Michael Robinson, CFO and 10% owner of Surepure Inc. (SURP), bought 1,250,000 shares of the company at the price of 20 cents per share and a total cost of $250,000. Since then, the price of the stock has dropped by 20% to 16 cents per share.

The company has an insider ownership of 5% and an institutional ownership of 3%.

The price is now 60% below its 52-week high and 310.26% above its 52-week low.

On Nov. 17, Martin, 10% owner of KaloBios Pharmaceuticals Inc. (KBIO), bought 1,211,115 shares of the company at the price of $1.35 per share and a total cost of $1,635,010. Since then, the price of the stock has climbed by 670.40% to $10.40 per share.

The company has an institutional ownership of 6%.

During the last 12 months, the price of the stock has dropped by 33% and is now trading with a low P/B ratio of 4.02. The price is 35% below its 52-week high and 2,263.64% above its 52-week low.

During the third quarter just two gurus traded KaloBios: Jim Simons (Trades, Portfolio) increased his stake by 92.13% while PRIMECAP Management (Trades, Portfolio) slightly reduced its stake by 1.12%

Main insiders’ sales this week have been focused on these companies:

VWR Corp. (VWR) – Three insiders, Madison Dearborn Partners LLC, 10% owner, and Nicholas W.  Alexos and Timothy P. Sullivan, who are directors and 10% owners of the company, sold a total of 33,000,000 shares for a total of $849,750,000. The company is still largely overpriced by 57% according to the DCF calculator and is now trading with a P/E ratio of 23.22

Paycom Software Inc. (PAYC) – Six insiders, Eric J. Lee, D. Scott Mackesy, Jonathan M. Rather, Welsh, Carson, Anderson & Stow and Thomas Scully along with Sean Traynor, who are 10% owners of the company, sold a total of 16,701,708 shares for a total of $697,296,000. The company is still largely overpriced by 775% according to the DCF calculator and is now trading with a very high P/E ratio of 130.39

Virtu Financial Inc. (VIRT) – Three insiders, Silver Lake Group, L.L.C., which is a 10% owner, and directors Michael J. Bingle and Joseph Osnoss, sold a total of 18,227,511 shares for a total of $394,626,000. The company looks undervalued by 75% according to the DCF calculator and is now trading with a high P/E ratio of 27.

Facebook Inc. (FB) – Director Jan Koum sold 2,808,522 shares for a total of $286,525,000. The company is still largely overpriced by 628% according to the DCF calculator and is now trading with a very high P/E ratio of 107.55