Insiders Buy Shares at Northern Oil & Gas, Wynn Resorts

A look at insider trades in the past week

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Dec 11, 2015
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The All-In-One Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying/All Insider Selling to “$1,000,000+” and duration to "December 2015."

According to the above filters, the following are the recent buys from company insiders in the past week.

On Dec. 10, Robert Rowling, a 10% owner of Northern Oil & Gas Inc. (NOG), bought 1,344,401 shares in the company at the price of $4.08 per share and a total cost of $5,485,160. Since then, the price of the stock has risen by 7.4% to $4.38 per share.

The company has an insider ownership of 13% and an institutional ownership of 89%.

During the last 12 months, the price of the stock has dropped by 19% and is now trading with a P/S ratio of 0.56. The price is 53.94% below its 52-week high and 25.86% above its 52-week low.

On Dec. 4 and 9, Kelcy Warren, director and 10% owner of Energy Transfer Equity LP. (ETE) bought a total of 3,344,401 shares of at the average price of $16.34 per share with a total cost of $73,440,700. Since then, the price of the stock has declined by 5.90% to $15.38.

The company has an insider ownership of 1.85% and an institutional ownership of 50.81%.

During the last 12 months, the price of the stock has dropped by 41% and is now trading with a P/E ratio of 19.62. The price is 56.60% below its 52-week high and 28.70% above its 52-week low.

On Dec. 9, James Monroe III, CEO and 10% owner of Globalstar Inc. (GSAT), bought a total of 2,000,000 shares at the average price of $1.85 per share with a total cost of $3,700,000. Since then, the price of the stock has declined by 5.4% to $1.75.

The company has an institutional ownership of 29%.

During the last 12 months, the price of the stock has dropped by 32% and is now trading with a P/E ratio of 19.62. The price is 51.12% below its 52-week high and 20.69% above its 52-week low.

On Dec. 9, Accipiter Life Sciences Fund, a 10% owner of Foresight Energy LP. (FELP), bought a total of 1,308,344 shares at the average price of $2.57 per share with a total cost of $3,362,440. Since then, the price of the stock has risen by 3.5% to $2.66.

The company has an insider ownership of 15.28% and an institutional ownership of 14.10%.

During the last 12 months, the price of the stock has dropped by 83% and is now trading with a P/E ratio of 6.45. The price is 85.80% below its 52-week high and 32.34% above its 52-week low.

On Dec. 8, Stephen A. Wynn, CEO and 10% owner of Wynn Resorts Ltd. (WYNN), bought a total of 1,003,977 shares at the average price of $63.61 per share with a total cost of $63,863,000. Since then, the price of the stock has risen by 4.5% to $66.46.

The company has an insider ownership of 10.79% and an institutional ownership of 79.71%.

During the last 12 months, the price of the stock has dropped by 55% and is now trading with a P/E ratio of 34.53. The price is 58.57% below its 52-week high and 30.42% above its 52-week low.

On Dec. 7, SC Fundamental LLC, a 10% owner of Texas Rare Earth Resources Corp. (TRER), bought a total of 1,750,000 shares at the average price of $0.20 per share with a total cost of $350,000. Since then, the price of the stock has declined by 15.0% to 17 cents.

The company has an institutional ownership of 18%.

During the last 12 months, the price of the stock has dropped by 25% and is now trading with a P/B ratio of 5.68. The price is 60.25% below its 52-week high and 16.00% above its 52-week low.

On Dec. 7, Carl Icahn, a 10% owner of Cheniere Energy Inc. (LNG) bought a total of 2,781,694 shares at the average price of $43.25 per share with a total cost of $120,308,000. Since then, the price of the stock has risen by 0.5% to $43.45.

The company has an insider ownership of 5% and an institutional ownership of 93%.

During the last 12 months, the price of the stock has dropped by 32% and is now trading with a P/S ratio of 36.67. The price is 47.22% below its 52-week high and 12.24% above its 52-week low.

On Dec. 7, Icahn also increased his holding in Hertz Global Holdings Inc. (HTZ), buying 11,786,678 shares at the average price of $14.23 per share with a total cost of $167,724,000. Since then, the price of the stock has risen by 2.2% to $14.54.

The company has an insider ownership of 0.74% and an institutional ownership of 98.13%.

During the last 12 months, the price of the stock has dropped by 35% and is now trading with a P/B ratio of 2.79. The price is 43.47% below its 52-week high and 6.68% above its 52-week low.

Insider sales in the past week have been focused on these companies:

Midwest Energy Emissions Corp. (MEEC) – Director and 10% owner sold a total of 1,000,000 shares for a total cost of $450,000. The company is trading with a P/S ratio of 2.98; year to date, the price has declined by 9%.

STORE Capital Corp. (STOR) – Director and 10% owner, STORE Holding Company LLC, sold a total of 2,100,000 shares for a total cost of $44,583,000. The company is still largely overpriced by 237% according to the DCF calculator, and is now trading with a P/E ratio of 34.66. Year to date, the price has risen by 6%. Guru shareholder Paul Tudor Jones (Trades, Portfolio) reduced his holding during the third quarter.

INC Research Holdings Inc. (INCR) – 10% owners Ontario Teachers Pension Plan and Avista Capital Partners II GP, sold a total of 9,000,000 shares for a total cost of $405 million. The company is still largely overpriced by 648% according to the DCF calculator, and is now trading with a P/E ratio of 79.73. Year to date, the price has risen by 80%. Guru shareholder Ron Baron (Trades, Portfolio) reduced his holding during the third quarter.