Roundys Among Largest Insiders' Buys of the Week
The All-In-One Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying/All Insider Selling to "$1,000,000+" and duration to "December 2015."
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The intrinsic value of ONCE
According to the above filters, the following are the recent buys from company insiders in the past week.
On Dec. 22 and Dec. 29, John C. Wilder Jr., director of EXCO Resources Inc. (XCO), bought 2,430,000 shares at a total cost of $2,467,000. The price of the stock is now $1.08, down 6% from the first trade price of $1.15 and up 20% from the second trade price of 90 cents.
The company has an insider ownership of 3.7% and an institutional ownership of 74%.
The company has deep negative returns - ROE -1910%, ROA -53.80% - as well as operating margin of -279% and net margin of -267%. It is trading with a low P/S ratio of 0.76.
During the third quarter, the company has been traded by Paul Tudor Jones (Trades, Portfolio) who increased his stake by 186%, Steven Cohen (Trades, Portfolio) sold out his stake and Jim Simons (Trades, Portfolio) reduced his stake by 60%.
From Dec. 21 to Dec. 24, John F. Barry, CEO of Prospect Capital Corp. (PSEC) bought 4,122,924 shares at a total cost of $29,025,620.
The company has an insider ownership of 1.7% and an institutional ownership of 16%.
The company has easy returns - ROA of 4.31%, ROE of 7.90% - but strong operating margin of 45.55% and net margin of 36.75%. The stock is trading with a P/E(ttm) ratio of 8.69.
During the third quarter, the company has been traded by Paul Tudor Jones (Trades, Portfolio) who sold out his stake, Joel Greenblatt (Trades, Portfolio) and David Dreman (Trades, Portfolio) reduced their stakes by 23% and 2%, Chuck Royce (Trades, Portfolio) bought 97,600 shares, and Manning & Napier Advisors Inc. slightly increased its stake by 1.56%.
On Dec. 24, Menachem Atzmon, a director of ICTS International NV (ICTSF), bought 1,500,000 shares at a price of 60 cents per share with a total cost of $900,000. Since then the price of the stock has dropped by 8.30%.
The company has an insider ownership of 15.2% and an institutional ownership of 10.2%.
The company has almost null returns - ROA of -0.78% - as well as operating margin of -1.33% and net margin of -0.16%. The stock is trading with a P/E(ttm) ratio of 3.03.
On Dec. 22, Lloyd I. Miller III, a 10% owner of Gulf Coast Ultra Deep Royalty Trust (GULTU), bought 2,500,000 shares at a price of 13 cents with a total cost of $325,000. Since then the price of the stock has risen by 15.4%.
The company has an insider ownership of 1.50% and an institutional ownership of 59.90%.
During the third quarter, the company was traded by Leon Cooperman (Trades, Portfolio), who increased his stake by 26%, and Jim Simons (Trades, Portfolio), who increased his stake by 101%.
On Dec. 21, Dayton Misfeldt, a director Sunesis Pharmaceuticals Inc. (SNSS), bought 1,750,000 shares at a price of 84 cents with a total cost of $1,470,000. Since then the price of the stock has risen by 10.70%.
The company has an insider ownership of 2.6% and an institutional ownership of 70.20%.
The company has negative returns - ROA of -64.87%, ROE of -208.21% - and negative operating margin of -1190% and net margin of 803%. The stock is trading with a P/B ratio of 5.82.
On Dec. 18, Kroger Co. (KR), a 10% owner of Roundys Inc. (RNDY), bought 49,367,157 shares at $3.60 per share with a total cost of $177,722,000. Since then the price of the stock hasn't changed.
The company has an insider ownership of 2.80% and an institutional ownership of 23.60%.
The company has almost null returns - ROA of -0.59%, ROC -1.97% - as well as operating margin of 0.89% and net margin of -0.16%. It even looks expensive at current prices since it is trading at a forward P/E of 43.86.
During the third quarter, the company has been traded by Jim Simons (Trades, Portfolio), who reduced his stake by 13.37%.
Insider sales in the past week have been focused on these companies:
Rice Energy Inc. (RICE) - Director and 10% owner Daniel Rice, 10% owner Kathleen Peto and 10% owner Rice Energy Irrevocable Trust sold a total of 15,000,000 shares at $116,250,000. The company is trading with a P/E ratio of 14.99; year to date, the price has declined by 54%.
Donegal Group Inc. (DGICA) - Gregory M. Shepard, a 10% owner, sold 4,075,000 shares at $70,049,300. Since then the price of the stock has dropped by 16.50%. The company is trading with a P/E(ttm) ratio of 16.85; year to date, the price has declined by 10%.
Spark Therapeutics Inc. (ONCE) - Children's Hospital of Philadelphia, a 10% owner, sold 1,000,000 shares at $44,180,000. Since then the price of the stock has risen by 5.20%. The company is trading with a P/B ratio of 5.99; year to date, the price has declined by 7%.
This article first appeared on GuruFocus.
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The intrinsic value of ONCE
