Welcome to edition 414 of Insider Weekends. Insider buying declined significantly last week with insiders purchasing $40.06 million of stock compared to $205.39 million in the week prior. Selling also decreased with insiders selling $1.48 billion of stock last week compared to $2.02 million in the week prior.
Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by total insider purchases that week. The adjusted ratio for last week went up to 36.95. In other words, insiders sold almost 37 times as much stock as they purchased. The Sell/Buy ratio this week compares unfavorably with the prior week, when the ratio stood at 9.82.
Note: As mentioned in the first post in this series, certain industries have their preferred metrics such as same store sales for retailers, funds from operations (FFO) for REITs and revenue per available room (RevPAR) for hotels that provide a better basis for comparison than simple valuation metrics. However metrics like Price/Earnings, Price/Sales and Enterprise Value/EBITDA included below should provide a good starting point for analyzing the majority of stocks.
Notable Insider Buys:
1. QTS Realty Trust, Inc. (QTS): $37.73
Shares of this data center REIT were acquired by 5 insiders:
You can view the list of recent insider transactions for QTS Realty Trust, Inc. here.
P/E: 3144.17 | Forward P/E: 96.74 | Industry P/E: 53.95 |
P/S: 4.89 | Price/Book: 2.18 | EV/EBITDA: 17.55 |
Market Cap: $2.18B | Avg. Daily Volume: 682,333 | 52 Week Range: $31.58 – $61.55 |
2. Global Eagle Entertainment Inc. (ENT): $1.99
Shares of this digital media company were acquired by 9 insiders:
The wide divergence in the price at which these insiders acquired the stock was a little surprising. The stock has nearly doubled since it reported first quarter earnings in mid-May and was buoyed further by this string of insider purchases as discussed in this Bloomberg article.
You can view the list of recent insider transactions for Global Eagle Entertainment Inc. here.
P/E: N/A | Forward P/E: -2.19 | Industry P/E: 13.64 |
P/S: 0.29 | Price/Book: N/A | EV/EBITDA: -80.75 |
Market Cap: $181.2M | Avg. Daily Volume: 779,791 | 52 Week Range: $0.87 – $3.84 |
3. Sohu.com Inc. (SOHU): $37.37
CEO Charles Zhang acquired 80,000 shares of this Chinese online media company, paying $36.62 per share for a total amount of $2.93 million. These shares were purchased indirectly by Photon Group Limited.
You can view the list of recent insider transactions for Sohu.com Inc. here.
P/E: N/A | Forward P/E: -12.42 | Industry P/E: 34.07 |
P/S: 0.75 | Price/Book: 2.19 | EV/EBITDA: -3.45 |
Market Cap: $1.45B | Avg. Daily Volume: 492,223 | 52 Week Range: $26.7 – $70.86 |
4. OPKO Health, Inc. (OPK): $3.7
CEO & Chairman Phillip Frost M.D. acquired 240,000 shares of this medical devices and drug development company, paying $3.89 per share for a total amount of $934,485. These shares were purchased indirectly by Frost Nevada Investments Trust.
You can view the list of recent insider transactions for OPKO Health, Inc. here.
P/E: N/A | Forward P/E: -19.47 | Industry P/E: 30.95 |
P/S: 1.94 | Price/Book: 1.09 | EV/EBITDA: -10.81 |
Market Cap: $2.07B | Avg. Daily Volume: 5,293,088 | 52 Week Range: $2.66 – $7.25 |
5. MACOM Technology Solutions Holdings, Inc. (MTSI): $22.53
Chairman John L. Ocampo acquired 30,700 shares of this semiconductor company, paying $22.00 per share for a total amount of $675,393. These shares were purchased indirectly through various trusts.
You can view the list of recent insider transactions for MACOM Technology Solutions Holdings, Inc. here.
P/E: N/A | Forward P/E: 21.06 | Industry P/E: 18.85 |
P/S: 2.27 | Price/Book: 1.92 | EV/EBITDA: 19.47 |
Market Cap: $1.46B | Avg. Daily Volume: 1,137,785 | 52 Week Range: $15.46 – $65.99 |
You can view the full list of purchases from this Insider Buying page.
Notable Insider Sales:
1. Facebook, Inc. (FB): $184.92
Shares of Facebook were sold by 5 insiders:
You can view the list of recent insider transactions for Facebook, Inc. here.
P/E: 30.61 | Forward P/E: 20.23 | Industry P/E: 34.28 |
P/S: 12.00 | Price/Book: 6.91 | EV/EBITDA: 19.41 |
Market Cap: $535.27B | Avg. Daily Volume: 33,651,941 | 52 Week Range: $144.56 – $195.32 |
2. CarGurus, Inc. (CARG): $31.66
Shares of this online auto shopping company were sold by 5 insiders:
You can view the list of recent insider transactions for CarGurus, Inc. here.
P/E: 263.83 | Forward P/E: 121.77 | Industry P/E: 34.07 |
P/S: 10.78 | Price/Book: 26.45 | EV/EBITDA: 173.88 |
Market Cap: $3.42B | Avg. Daily Volume: 528,240 | 52 Week Range: $25.85 – $40.6 |
3. Intuit Inc. (INTU): $197.09
Shares of this software application company were sold by 3 insiders:
You can view the list of recent insider transactions for Intuit Inc. here.
P/E: 54.01 | Forward P/E: 30.32 | Industry P/E: 32.59 |
P/S: 9.31 | Price/Book: 43.62 | EV/EBITDA: 30.04 |
Market Cap: $50.57B | Avg. Daily Volume: 1,449,492 | 52 Week Range: $130.26 – $199.48 |
4. Electronic Arts Inc. (EA): $131.85
Shares of this video games company were sold by 7 insiders:
You can view the list of recent insider transactions for Electronic Arts Inc. here.
P/E: 41.13 | Forward P/E: 23.17 | Industry P/E: 35.37 |
P/S: 7.94 | Price/Book: 9.91 | EV/EBITDA: 21.79 |
Market Cap: $40.46B | Avg. Daily Volume: 2,972,788 | 52 Week Range: $99.63 – $134.61 |
5. Garmin Ltd. (GRMN): $60.56
Shares of this GPS manufacturer were sold by 2 insiders:
You can view the list of recent insider transactions for Garmin Ltd. here.
P/E: 16.46 | Forward P/E: 18.52 | Industry P/E: 25.73 |
P/S: 3.62 | Price/Book: 2.99 | EV/EBITDA: 12.93 |
Market Cap: $11.42B | Avg. Daily Volume: 905,217 | 52 Week Range: $49.8 – $65.96 |
You can view the full list of sales from this Insider Sales page.
Disclaimer: Please do your own due diligence before buying or selling any securities mentioned in this article. We do not warrant the completeness or accuracy of the content or data provided in this article.
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