Over the past week we’ve seen several large insider buys as well as several coming from the companies’ CEOs. It is interesting to note when a CEO, or even a CFO, buys because these insiders supposedly have the most intimate knowledge of their company's workings.
The following three CEOs each come from various sectors of the market, but they each reported insider buys with transaction amounts valued at over $100,000. According to GuruFocus Insider Data these are the largest CEO buys occurring over the past week.
Superior Industries International (SUP)
Over the past week President and CEO of Superior Industries International, Donald Stebbins, made a notable buy of his company’s stock. The CEO purchased 12,500 shares at an approximate price of $19.40 per share. This transaction cost him a total of $242,500, and since his buy the price per share has dropped approximately -2.16%. Stebbins now holds on to at least 144,955 shares of the company’s stock.
As shown in the graph above, this is the first insider buy reported for the company since June of 2013. This buy also comes as the company’s price has recently dropped from its 52-week high.
Superior Industries International is engaged in the design and manufacture of aluminum road wheels for sale to OEMs. It is a supplier of cast and forged aluminum wheels to the automobile and light truck manufacturers.
Superior Industries’ historical revenue and net income:
The analysis on Superior reports that the company holds no debt, its revenue per share has been in decline over the past year, and its price is sitting near a 2-year high.
The Peter Lynch Chart suggests that the company is currently overvalued:
Superior Industries International has a market cap of $532.7 million. Its shares are currently trading at around $19.63 with a P/E ratio of 23.60, a P/S ratio of 0.70 and a P/B ratio of 1.10. The dividend yield of Superior Industries International is currently at 2.80%.
Aegerion Pharmaceuticals (AEGR)
There were two insiders making buys into Aegerion Pharmaceuticals over the past week. These two insiders made their buys as the company’s price is sitting near its 52-week low.
CEO Marc Beer made the largest buy, adding 30,000 shares to his holdings on May 8. He bought these shares at $35.31 per share for a total transaction amount of $1,059,300. Since his buy, the price per share has dropped approximately -6.57%. Beer now holds on to at least 279,462 shares of the company’s stock.
Director Anne Vanlent added a much smaller 4,000 shares over the past week. She added these shares to her holdings at $33.78 per share for a total transaction amount of $135,120. Since her buy the price per share has dropped approximately -2.34%.
These are the first insider buys for the company since Feb. 2013.
Aegerion Pharmaceuticals, Inc. is a biopharmaceutical company. It develops into commercialization of novel, life-altering therapies for patients with debilitating, often fatal, rare diseases.
Aegerion Pharmaceuticals’ historical revenue and net income:
The analysis on Aegerion reports that the company’s inventory is building up, its price is near a 1-year low and its P/B and P/S ratios are also trading at near historical lows.
Aegerion Pharmaceuticals has a market cap of $959.3 million. Its shares are currently trading at around $32.62 with a P/S ratio of 19.50 and a P/B ratio of 8.50.
AOL (AOL)
Over the past week Chairman and CEO of AOL, Timothy Armstrong, made a sizeable buy of his company’s stock. The CEO added 55,600 shares to his holdings at an average price of $36.08 per share. This transaction cost him a total of $2,006,048. Since his buy the price per share has increased a slight 0.86%. Armstrong now holds on to over 1.6 million shares of the company’s stock.
AOL is a global web services company with a suite of brands and offerings and a worldwide audience. Its business spans online content, products and services that it offers to consumers, publishers and advertisers.
AOL’s historical revenue and earnings growth:
The analysis on AOL reports that the company’s revenue per share has been in decline over the past five years.
The Peter Lynch Chart suggests that the company is currently overvalued:
AOL has a market cap of $3.02 billion. Its shares are currently trading at around $37.74 with a P/E ratio of 33.60, a P/S ratio of 1.30 and a P/B ratio of 1.10.
Penn National Gaming Inc (PENN)
Over the past week two insiders were making buys into Penn National Gaming. The insiders consisted of Senior VP and CFO Saul Reibstein and President and CEO Timothy Wilmott.
CEO Timothy Wilmott made the largest buy of the week, adding 50,000 shares to his stake. He bought these shares at $10.74 per share for a total transaction amount of $537,000. Since his buy the price per share has dropped approximately -0.47%. WIlmott now holds on to 188,623 shares of the company’s stock.
CFO Saul Reibstein made a much smaller buy, adding 5,000 shares to his holdings. He bought these shares at $10.53 per share for a total transaction amount of $52,650. Since his buy, the price per share has increased roughly 1.52%. Reibstein now holds on to 7,950 shares of the company’s stock.
Penn National Gaming is a diversified, multi-jurisdictional owner and manager of gaming and pari-mutuel properties.
Penn National Gaming’s historical revenue and net income:
The analysis on Penn reports that the company’s price is near a 1-year low, it has issued $1.1 billion of debt over the past three years and the company has had operating loss over the past three years.
Penn National Gaming has a market cap of $881.8 million. Its shares are currently trading at around $11.22 with a P/S ratio of 0.30.
You can view a complete list of CEO buys and sells here.
Try a free 7-day premium membership trial here.
