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Inside Trading December Report

Ockham Research Staff

Toby Lang

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Every day I pull a list of the insider traders then I shorten the list to be only buys done by roles that have a proven track record (see my previous post for a little on this). Finally I run an evaluation of the companies based on some of the ratios that Graham used to find companies that are cheap (See my earlier series on this).

This is just the start for me though after a company reaches this level it is worthy enough for me to look at it further not necessarily.



SymbolP/E Ratio (TTM)Price to Sales (TTM)Price to Book (MRQ)Price to Cash Flow (TTM)Dividend Yield
TIN0.290.090.430.2412.94
BEZ6.490.350.773.714.66
AIRT3.020.160.752.774.92
CMC4.770.10.652.915.12
BWS5.970.090.362.425.86
ESP12.71.781.512.184.61
ETH7.470.380.944.838.14
CDI6.460.160.64.385.24
DOW6.760.280.93.549.03
DMLP7.225.233.245.8922.02
DTE9.880.620.973.95.95
CTS6.220.250.533.022.26
CYN13.792.171.1811.294.74
MWV8.050.270.532.588.31
UTIW10.710.311.216.660.6
BRY2.720.60.791.552.82
SLI5.10.180.523.25NA
WDR7.381.022.686.776.57
AVD13.031.071.688.060.64
BP5.980.441.354.297.32
IUSA13.410.250.743.3410.87
HOT6.70.461.533.735.74
LDSH7.520.5615.84NA
DXPE6.470.211.214.37NA
PII6.910.466.564.515.4
BKBK7.11.540.695.865.97
EPE13.050.071.331.3710.16
PRPX7.160.480.855.034.34
MROE9.621.6518.045.81
FMFC9.71.110.586.955.78


Anyway a few of you asked so I'll post the 3&4 star companies that have made my list between November and December. Happy hunting!

Source: Tony Long

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Rating: 3.2/5 (6 votes)

Comments

budlab
Budlab - 4 years ago
Toby, Where do you find the data to pull a list of the daily insider trades?
budlab
Budlab - 4 years ago

Toby, keep in mind that the following is a quick and heavily subjective opinion. Using your data, I did a quick and dirty analysis to rank your list. I simply multiplied the "price to" ratios, and sorted them in a descending pattern. Then starting at the bottom, I knocked off the companies carring too much debt or too much competitive pressure.


DOW 6.76 0.89208 9.03 most interesting
BRY 2.72 0.7347 2.82 debt
IUSA 13.41 0.6179 10.87 debt
CDI 6.46 0.4204 5.24 interesting
CTS 6.22 0.4001 2.26 interesting
MWV 8.05 0.3691 8.31 some interest
AIRT 3.02 0.3324 4.92 some interest
SLI 5.1 0.3042 NA some interest
CMC 4.77 0.1891 5.12 debt
EPE 13.05 0.1275 10.16 debt
BWS 5.97 0.0784 5.86 competition
TIN 0.29 0.0092 12.94 debt


In my view, DOW appears to be the most appealing bargain on your list.




tobylang
Tobylang - 4 years ago
Hi Budlab I pull the data from a feed at the SEC and then parse into a local database for my own mischievous purposes.
newhigh
Newhigh premium member - 4 years ago
Good info, thanks for sharing. curious about that feed that you havve access to....how can i do the same?

I get my insider data from msn's stock screener but it is a cumbersome process

paul
australia

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