Insiders New Buys: BID, MLM, FFWM

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Jun 01, 2015
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The All-In-One Guru Screener can be used to find the most insider buys over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$2,000,000+” and Duration to "over the past 7 days".

According to the above filter, the following are three recent buys from company insiders:

On May 28, John M Angelo, director of Sothebys (BID), paid $2,323,040 to buy 52,250 shares of BID at an average price of $44.46. After that trade, the price of the stock increased by 2.5%.

The price of the company rose by 14% during the last 12 months and is now trading with a P/E(ttm) ratio of 24.30. Based on the DCF model, the company looks overpriced by 63%; its fair value is $27.58.

On May 27, Stephen P Zelnak Jr, director of Martin Marietta Materials Inc (MLM), paid $2,439,780 to buy 16,150 shares of MLM at an average price of $151.07. After that trade, the price of the stock decreased by 1.4%.

During the month of May, as can be seen from the company’s insiders page, five insiders sold a total of 32,843 shares for a total of $5,054,800.

The price of the company rose by 21% over the last 12 months and is now trading with a very high P/E(ttm) ratio of 48.40. Based on the DCF model, the company looks overpriced by 229%; its fair value is $149.01

On May 27, David S Depillo,Ă‚ president of First Foundation Inc (FFWM), paid $5,000,000 to buy 272,035 shares of FFWM at an average price of $18.38. After that trade, the price of the stock increased by 2.5%.

On the same day, Warren D Fix, director of the company, paid $18,900 to buy 28,201 shares of FFWM as can be seen from the company’s insiders page.

The price of the company is flat if compared to 12 months back and is trading with a P/E(ttm) ratio of 16.00. Based on the DCF model, the company looks overpriced by 9%; its fair value is $17.26.