×

Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

Insider Weekends: Director of Data Centers Company Switch Purchases Shares

  • January 27, 2019

Welcome to edition 449 of Insider Weekends. Insider buying increased last week but remained lackluster overall with insiders purchasing $11.46 million of stock compared to $7.58 million in the week prior. Selling declined with insiders selling $356.43 million of stock last week compared to $464.73 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 dropped to 31.09. In other words, insiders sold more than 31 times as much stock as they purchased. The Sell/Buy ratio this week compares favorably with the prior week, when the ratio stood at 61.31. 

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. CTI Industries Corporation (CTIB): $3.09

Chairman John H. Schwan acquired 180,723 shares of this rubber & plastics company, paying $3.32 per share for a total amount of $600,000. Mr. Schwan increased his stake by 21.97% to 1,003,439 shares with this purchase.

Only plus or premium subscribers can access this post. Subscribe today.