The All-In-One Guru Screener can be used to find the most insider buys over the past week by clicking on the insiders tab and changing the settings for All Insider Buying and Duration to "over the past 7 days."
MeetMe Inc (MEET) is the company that has been bought during the last seven days that meets the above criteria.
On April 23, former 10% Owners Mexican & Americans Trading T, Blast Furnaces of Mexico and Ancira Alonso purchased a total of 1,010,781 shares of MEET.
MEET has an Institutional Ownership of 45.0% and Insider Ownership of 15.0%.
MEET has a market Cap of $80.3 million and over the last year, the price dropped by 36% and is currently trading at a Forward P/E ratio of 175.44, better then 70% of the Global Internet Content & Information industry competitors.
The company has average financial strength, at lower levels compared to the company history. It is also averaging the sector being higher than 61% of its competitors. Cash-to-debt ratio is 4.17, at low levels of company’s history, just nine years back the company was out of debts. Profitability & Growth is rated 5/10 with negative returns (ROE -4.68%, ROA -4.11%, ROC -57%) and even here they are not in good shape compared to the MEET’s Industry, being lower than about 58% of competitors. However, compared to its history these ratios are at best levels, with very interesting and strong upward trend.
The company is a social network for meeting new people in the U.S. and the public market leader in social discovery. It makes meeting new people through fun social games and apps, monetized by both advertising and virtual currency. The company operates MeetMe.com and MeetMe apps on iPhone, iPad, and Android and other tablets that facilitates interactions among users and encourages users to connect with each other.
Geoffrey Cook, CEO of the company said
We are also constantly striving to improve our recommendation engine and use the data on the network to drive increasingly high quality relevant connections on behalf of our users. 2014 has been a great important year for MeetMe. We expect 2015 to continue that trend. We remain committed to growing engagement and increasing profitability to driving the top line while minding the bottom line. We are thankful for the opportunity that we have to build products to make a difference in so many peoples’ lives and I’m thankful every day to work with our talented team to deliver products that our users love.
