Top insider buys of the week: Navistar and Fibrocell

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Jul 31, 2015

The All-In-One Guru Screener can be used to find insider buys over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying from “$500,000+” and Duration to "July 2015."

According to the above filters, the following are the recent buys from company insiders over the past week:


On July 23, Jerry Drew, CEO of Double Crown Resources Inc. (DDCC), bought 1,100,000 shares of DDCC at the price of $0.02 with a total cost of $22,000. Since that buy, the price of the stock didn’t face any change.

The company has an institutional ownership of 1% and an insider ownership of 13%.

The CEO said this of his buy: “With all of the progress and developments of Double Crown Resources to date, including the commencement of our first revenue generating projects this year, I consider DDCC stock to be very undervalued and attractive. In accordance with SEC regulations, the company has made the appropriate Form 4 filing for my recent purchases and will also make additional filings as periodically required. The very high expectations, global market potential and long-term goals we have for Double Crown, combined with the achievements the company has made in 2015 especially, should give strong confidence to all of our investors. My decision to add to my personal stock holdings at this time was based not only on anticipation of significant investment appreciation but also to help tangibly illustrate the bright future we see for this company and our strong commitment to all DDCC shareholders."


On July 24, Mark H. Rachesky, MD,  director and 10% owner of Navistar International Corp (NAV), bought 800,000 shares of NAV at the price of $18.53 with a total cost of $14,824,000. Since that buy, the price of the stock has dropped by 5.40%.

The company has an institutional ownership of 86% and an insider ownership of 1%.

The price of NAV has dropped by 49% during the last 12 months and is trading with a very low forward P/E ratio of 7.62. The company has negative returns with ROA -2.46% but a good financial situation rated 6/10.

The price of the stock has showed some weakness after the recent announcement of Caterpillar Inc (CAT) to dump its outsourcing deal with Navistar

Carl Icahn (Trades, Portfolio) is the main hedge fund holding shares of the company with 19.97% of outstanding shares or 1.50% of his total assets, followed by Mario Gabelli (Trades, Portfolio) (8% of outstanding shares) and RS Investment Management (Trades, Portfolio) (3.63%)


On July 27, Randal J. Kirk, who is 10% owner of Fibrocell Science Inc. (FCSC), bought 975,987 shares of FCSC at the price of $5.80 with a total cost of $5,660,720. Since that buy, the price of the stock has increased by 9.30%.

The company has an institutional ownership of 65% and an insider ownership of 9%.

The price of FCSC has risen by 109% during the last 12 months and is trading with a very low forward P/B ratio of 11.43. The company has deep negative returns with ROA -39% and ROE -60%, but a good financial situation rated 7/10 with a cash to debt and interest coverage that are rated as “no debt.”

Last Monday, the company closed a $15 million stock offering with the goal to finance its R&D sector for new therapies to treat skin disorders

Charles Brandes (Trades, Portfolio) is the only hedge fund holding shares of the company and he holds 0.06% of outstanding shares. In late 2013, Paul Tudor Jones (Trades, Portfolio) traded the company with a gain of 64% in just 3 months.


On July 28, Michael A. Brochu and Sam M. Auriemma, directors of hopTo Inc. (HPTO), bought a total of 1,857,815 shares of HPTO at the price of $0.08 with a total cost of $148,625. Since that buy, the price of the stock has increased by 25%.

The company has an institutional ownership of 13% and an insider ownership of 11%.

The company has deep negative returns with ROA -93.82% and a very weak financial situation rated 1/10.

Ken Fisher (Trades, Portfolio) is the only guru that traded the company in the past and he sold it out in March 2014 with a total loss of 68%. Now the company is not held by any hedge fund.