KMI

Insider Buying Week 10-31-25 You Are All Lining Up to Lose Your Jobs

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If you’re not in tech, you’re losing money in the stock market. The RSP, the equal weighted index of the 500 largest  companies lost almost 3% (-2.7% actual) The S&P 500 made  a modest gain last week, up 0.70%. It really doesn’t matter that much since everyone is mostly invested in the S&P 500 index as opposed to individual stocks. Indexers have long been the tail which wags the dog. The widely copied S&P 500 index reached a record 37% of Mag 7 tech stocks. If you expand that definition just a bit to tech related, it soars to near … Read more

Notable Insider Buying Week Ending 12-20-19

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CB Duncan continues to amass sizable buys of Enterprise Products Partners, LP.  This midstream oil and gas operator  yields 6.29%. This seems like a buy in a low yield world but bear in mind, several MLPs  in this space yield double digits and have sizable insider buying as well. If you believe the combustion engine will be replaced by EVs in the next 10 years, don’t buy these MLPs. I for one don’t believe the market appreciates the complexity and cost of making lithium batteries. A director bought $1.28 million of peer Energy Transfer Partners at $12.79 per share, yielding … Read more

Notable Insider Buying Week 11-29-19

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  Shares of Karuna Therapeutics Inc. KRTX, more than tripled (up 254%) November 19th in active trading to an intraday high of $123.99 after a phase 2 trial of its schizophrenia treatment met its primary endpoint.  Karuna and its underwriters, led by Goldman Sachs et al, wasted no time rushing out a sport secondary at $96 raising $250 million. At Friday’s close of $71.88, people lost serious money in this secondary, including biotech VC and hedge fund Sofinnova Venture Partners which upped their position by$15 million.  No tears shed as they are early investors, buying $15 million on the IPO at … Read more

Insider Buying Week Ending November 15, 2019

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As the earnings blackout period ends, there are a ton of interesting insider buys. We are going to analyze ALL of them that seem interesting, particularly the ones that look like they may have a good chart setup for profitable trades. Read on and find out what insiders are investing in. Hope springs in the oil patch.  Antero Resources Corp Director bought 178,000 shares at $2.79 for $496k substantially increasing his holdings by 266%.  Just about all the E&P companies are making new lows and I’d prefer to buy OXY with its outsized dividend. The irony here is that the … Read more

Notable Insider Buying Week Ending November 1,2019

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It’s really quiet on the Western Front when it comes to insider buying.  American Airlines insiders continue to buy. James Clemmer CEO of AngioDynamics bought a small amount on a poor earnings showing. This might be window dressing. Richard Kinder keeps on amassing KMI.  Why not? If you were the billionaire namesake, you would know the 5% dividend is money in the bank. I like the Lilly buy. If you can grab stock near that price you will probably do well. FedEx is bold; the biggest director buy and the first for  board member Edwardson since 2008. As a rule, … Read more

Warning Insider Earnings Plays Can Be Hazardous to your Health Week 10-18-19

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WARNING- BUYING STOCKS BEFORE EARNINGS ANNOUNCEMENTS CAN BE ESPECIALLY RISKY. Stocks have outsized moves on earnings. We analyze these companies carefully where large insider buys might provide some insight. Insiders sell stock for many reasons, but they generally buy for just one – to make money. THE INSIDERS FUND invests in companies at or near prices that management has been willing to invest significant amounts of their own money in.  After all, who knows a business better than the people running it?  You’ve always heard the best information is inside information.  This is as close to “insider information” that an … Read more

Stock Market gets Clobbered- Insiders are Nibbling

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Insider Buying Week Ending May 31, 2019
Jay Hoag of Zillow Goes All In

Trump rocks market with trade wars on multiple fronts.  Impromptu tweet on Friday about tariffs on Mexico linked to immigration enforcement cap off a month that most investors would like to forget.  Monday’s action is likely not to be any better for FANGS with the news that the Justice Department is opening up an anti-trust investigation on Google aka Alphabet.   S&P 500 Wipes Out $4 Trillion in Its Second-Worst May Since the ‘60s.  Insiders are nibbling at a few names but in the short term are losing money like everyone else.

Notable Insider Buys and Sales Week ending 9-28-18 $KMI $LGF.B $PAGP $SPKE

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Insider buying has been anemic as the quarter closes and most companies have self imposed blackouts before earnings are released but pipeline companies are attracting insiders. Last week Tall Grass Energy CEO bought shares and this past week, Kinder Morgan and Plains GP insiders are stepping up. Kinder Morgan KMI  Chairman of the Board and legendary founder, Richard Kinder buys $8.6 million at $17.55.   Fundamentals for pipeline companies look good under the Trump administration. Lions Gate Entertainment LGF.B Officer Burns buys $1 million at $20.43 near a 52-wk low of this rumored buyout candidate.  John Malone looks like he is … Read more

The best explanation on what to do with Kinder Morgan $KMI

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I was going to write something about where I thought Kinder screwed up and perhaps where I did.  Dan Dicker sums it well enough in the Street’s  Real Money.  He writes, “What is so interesting about today’s 8% gain in share price is that it comes on the heels of an announcement from the company of a 75% dividend cut — normally the harbinger of an even further slide in shares. The reason for the rally today in light of the dividend cut is obvious — much of the tremendous pressure on KMI shares in the last week was caused … Read more

DJ Kinder Morgan $KMI Slashes Dividend

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We admittedly are shocked that Kinder Morgan Inc. slashed its quarterly dividend by 75% on Tuesday, and according to the WSJ, “an unprecedented step for the massive energy company that just one year ago was promising unfettered growth. ” The company said it would cut the dividend to a level of 12.5 cents a share per quarter–or 50 cents annually–down from its prior level of 51 cents each quarter. Kinder Morgan said it had to take action to maintain its investment-grade debt rating. At that yield and its current aftermarket price, KMI is only yielding 3.5-4% less enticing than safer regulated … Read more

Kinder Morgan $KMI Disaster- did the market get it wrong?

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One of the widest held securities by the individual investor declined 30% this week alone. Kinder Morgan, the 3rd largest energy company in the U.S. issued a press release today that was read wrong by the market. Several twitter posts indicate that Kinder said the dividend was for grabs.  Their press release in my opinion was issued to reassure the market but may have had the opposite effect instead, spooking investors instead of reassuring them. Kinder Morgan Announces 2016 Financial Expectations “In its third quarter earnings call, Kinder Morgan, Inc. (NYSE: KMI) indicated an expected 2016 growth range of 6 … Read more

‘s 10% Ginnie Maes, right in front of our noses

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I wish I had a nickel, no maybe $10,000 for every time I heard someone say,” I wish I had bought those 10% Ginnie Mae bonds back in the day…”  (GNMA Bonds are guaranteed by the full faith and credit of the U.S. Government) Well, that Ginnie Mae may still be here, staring us right in the face in the oil and gas and particularly MLP market.  Many MLPs in the oil and gas infrastructure business are selling with yields from 8.5%-15%  No, it’s not guaranteed but then again interest rates aren’t at near 0% either.  We put together a … Read more