The Best August since 1984 but Insider Buying Slows Down Some

The following companies had large insider buying last week.  We are digging in to see what they see. For timely updates, follow us on Twitter. Pacific Ethanol Inc  PEIX Director Gilbert bought 72,800 shares at $3.55.  Ethanol has been a perennial bad investment but that seems to be changing.  Two things are shaking up the dynamics; the coronavirus has created unprecedented demand for alcohol based sanitizer and the prospects of a Democratic environmentally focused administration will increase the use of bio-fuels.  Even Archer Daniels ADM Director bought 11,100 shares at $44.75. PIEX is the leading producer and marketer of low-carbon renewable fuels in … Read more

Notable Insider Buys Week Ending 2-14-20

Avis got a new Chairman of the Board and he bought a lot of stock. Bernardo Hees, CEO of Kraft Heinz, bought 430,169  of CAR at $34.87.  That was his first purchase and it was a big one, $15 million.  It’s hard to say what the future is for the car rental companies with the gig economy, ride sharing, and autonomous vehicles. It’s not one we want to participate in, though. Chairman of the Board, Duncan, continues to amass significant shares of Enterprise Products Partners. Taken into perspective, this $5 million EPD buy represents a pittance of his vast holdings, … Read more

Stocks To Watch Today – Barrons.com

Aug 12, 2011 8:38 PM Biggest Insider Buying Week Since March ’09; Where & Who Posted by Dimitra DeFotis Insiders haven’t been buying up their company stock at this pace since the market bottom in 2009. While high volumes of insider activity falsely heralded a market bottom in November 2008, Ben Silverman at InsiderScore.com notes that no significant upside market correction lacked insider purchases over the past three decades. The latest buying was across sectors and may have peaked mid-week, though buying at financial services companies picked up while technology and energy insiders seemed to sit out some of the … Read more