Welcome to edition 439 of Insider Weekends. Insider buying increased last week with insiders purchasing $178.94 million of stock compared to $106.85 million in the week prior. Selling also increased with insiders selling $1.18 billion of stock last week compared to $1.09 billion 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 6.58. In other words, insiders sold almost 7 times as much stock as they purchased. The Sell/Buy ratio this week compares favorably with the prior week, when the ratio stood at 10.23.
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. Energy Transfer LP (ET): $14.8
Shares of this energy storage and transportation company were acquired by 2 insiders:
You can view the list of recent insider transactions for Energy Transfer LP here.
P/E: 14.07 | Forward P/E: 9.49 | Industry P/E: 63.26 |
P/S: 0.75 | Price/Book: N/A | EV/EBITDA: 14.87 |
Market Cap: $38.73B | Avg. Daily Volume: 8,091,666 | 52 Week Range: $12.8 – $19.34 |
2. American Homes 4 Rent (AMH): $19.82
Shares of this real estate investment trust were acquired by 2 insiders:
With their latest set of purchases, the Hughes have acquired nearly $67 million worth of stock in November and have increased their stake in the company to over 11% of shares outstanding.
You can view the list of recent insider transactions for American Homes 4 Rent here.
P/E: N/A | Forward P/E: 86.17 | Industry P/E: 28.46 |
P/S: 6.67 | Price/Book: 1.14 | EV/EBITDA: 18.1 |
Market Cap: $6.97B | Avg. Daily Volume: 2,274,153 | 52 Week Range: $18.39 – $23.34 |
3. Coty Inc. (COTY): $9.09
Shares of this cosmetics company were acquired by 2 insiders:
You can view the list of recent insider transactions for Coty Inc. here.
P/E: N/A | Forward P/E: 11.81 | Industry P/E: 78.12 |
P/S: 0.74 | Price/Book: 0.77 | EV/EBITDA: 10.95 |
Market Cap: $6.83B | Avg. Daily Volume: 9,749,100 | 52 Week Range: $8.15 – $21.68 |
4. Greenhill & Co., Inc. (GHL): $24.6
Shares of this investment bank were acquired by 2 insiders:
You can view the list of recent insider transactions for Greenhill & Co., Inc. here.
P/E: 384.38 | Forward P/E: 14.3 | Industry P/E: 33.39 |
P/S: 1.64 | Price/Book: 8.24 | EV/EBITDA: N/A |
Market Cap: $505.28M | Avg. Daily Volume: 365,235 | 52 Week Range: $16.25 – $33.45 |
5. The Howard Hughes Corporation (HHC): $109.93
Shares of this real estate investment and development company were acquired by 3 insiders:
You can view the list of recent insider transactions for The Howard Hughes Corporation here.
P/E: 28.12 | Forward P/E: 24.76 | Industry P/E: 25.83 |
P/S: 5.25 | Price/Book: 1.51 | EV/EBITDA: 37.14 |
Market Cap: $4.73B | Avg. Daily Volume: 201,650 | 52 Week Range: $104.83 – $142.36 |
You can view the full list of purchases from this Insider Buying page.
Notable Insider Sales:
1. Twitter, Inc. (TWTR): $33.67
Shares of Twitter were sold by 2 insiders:
You can view the list of recent insider transactions for Twitter, Inc. here.
P/E: 24.83 | Forward P/E: 38.26 | Industry P/E: 24.75 |
P/S: 8.92 | Price/Book: 3.95 | EV/EBITDA: 27.53 |
Market Cap: $25.55B | Avg. Daily Volume: 26,252,670 | 52 Week Range: $17.03 – $47.79 |
2. The Charles Schwab Corporation (SCHW): $46.96
Chairman Charles R. Schwab sold 383,000 shares of this investment brokerage for $46.97, generating $17.99 million from the sale. These shares were sold indirectly through a trust.
You can view the list of recent insider transactions for The Charles Schwab Corporation here.
P/E: 21.43 | Forward P/E: 16.25 | Industry P/E: 33.39 |
P/S: 6.53 | Price/Book: 3.52 | EV/EBITDA: N/A |
Market Cap: $63.42B | Avg. Daily Volume: 7,368,441 | 52 Week Range: $42.01 – $60.22 |
3. Facebook, Inc. (FB): $139.53
Shares of Facebook were sold by 3 insiders:
You can view the list of recent insider transactions for Facebook, Inc. here.
P/E: 21.03 | Forward P/E: 18.75 | Industry P/E: 24.75 |
P/S: 7.73 | Price/Book: 4.99 | EV/EBITDA: 13.23 |
Market Cap: $400.98B | Avg. Daily Volume: 24,650,692 | 52 Week Range: $137.77 – $218.62 |
4. Zebra Technologies Corporation (ZBRA): $180.7
Shares of this diversified industrials company were sold by 4 insiders:
You can view the list of recent insider transactions for Zebra Technologies Corporation here.
P/E: 57.53 | Forward P/E: 15.48 | Industry P/E: 20.76 |
P/S: 2.37 | Price/Book: 9.04 | EV/EBITDA: 14.81 |
Market Cap: $9.72B | Avg. Daily Volume: 423,026 | 52 Week Range: $101.49 – $184.75 |
5. Amarin Corporation plc (AMRN): $18.15
President and CEO John F. Thero sold 607,611 shares of this biotech company for $19.07, generating $11.59 million from the sale. 407,611 of these shares were sold as a result of exercising options immediately prior to the sale.
You can view the list of recent insider transactions for Amarin Corporation plc here.
P/E: N/A | Forward P/E: -1815 | Industry P/E: 79.36 |
P/S: 27.51 | Price/Book: N/A | EV/EBITDA: -77.82 |
Market Cap: $5.66B | Avg. Daily Volume: 17,301,632 | 52 Week Range: $2.35 – $23.34 |
You can view the full list of sales from this Insider Sales page.
Disclaimer: I hold positions in AMH and TWTR. 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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