Contrarian investors look to invest against the trend. When a stock price plunges on bad news and investors rush to sell, contrarians see an opportunity to exploit market's overreaction. When insiders in such stocks are buying, there is a good chance that the stock price is due for a recovery.
Largest purchases at companies trading at 50% or less of their 52-week high. When the market over-reacts to a negative event and causes a significant drop in the stock price, insiders may buy on the dip to reap a profit on the rebound.
Last Reported | Company | Industry Group | Industry | # Insiders | Historical Avg Return (6 Mo) | Last Trade | Avg. Price | Total Shares | Total |
---|---|---|---|---|---|---|---|---|---|
22-May-24 4:52 PM | Barnwell Industries Inc. (BRN) | Energy | Independent Oil & Gas | 1 | (23%) (19 decisions) | 22-May-24 | $2.82 | 22,486 | $63,329.23 |
21-May-24 4:08 PM | Humacyte, Inc. (HUMA) | Other | Other | 1 | 0% (1 decisions) | 20-May-24 | $6.25 | 8,005 | $50,030.25 |
23-May-24 10:00 PM | American Electric Technolog... (SLNG) | Industrial | Industrial Electrical Equipment | 2 | (20%) (10 decisions) | 22-May-24 | $4.10 | 4,702 | $19,293.80 |
Largest purchases at companies trading within 10% of their 52-week low. Companies trading near their 52-week lows traditionally have limited downside, and when coupled with bullish insider buying may indicate good investment opportunities.
Last Reported | Company | Industry Group | Industry | # Insiders | Historical Avg Return (6 Mo) | Last Trade | Avg. Price | Total Shares | Total |
---|---|---|---|---|---|---|---|---|---|
21-May-24 4:08 PM | Humacyte, Inc. (HUMA) | Other | Other | 1 | 0% (1 decisions) | 20-May-24 | $6.25 | 8,005 | $50,030.25 |
23-May-24 2:38 PM | Princeton Bancorp, Inc. (BPRN) | Other | Other | 1 | 5% (14 decisions) | 21-May-24 | $31.00 | 1,000 | $31,000.00 |
17-May-24 8:40 AM | Pennantpark Floating Rate C... (PFLT) | Financial Services | Asset Management | 1 | 0% (3 decisions) | 13-May-24 | $11.48 | 1,740 | $19,971.54 |
23-May-24 10:00 PM | American Electric Technolog... (SLNG) | Industrial | Industrial Electrical Equipment | 2 | (20%) (10 decisions) | 22-May-24 | $4.10 | 4,702 | $19,293.80 |