April Stocks Insiders Just Bought
Insiders ramping up their own shareholdings in their company sends a bullish signal about its future prospects. These insiders have unique insights into the underlying business, so they are well-placed to profit from potential changes moving forward. Should you followsuit? Below, I’ve selected three NasdaqGS companies which insiders have recently accumulated more shares in.
OPKO Health, Inc. (NASDAQ:OPK)
OPKO Health, Inc., a healthcare company, engages in the diagnostics and pharmaceuticals business in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally. Formed in 1991, and run by CEO Philip Frost, the company provides employment to 6,030 people and with the company’s market capitalisation at USD $1.74B, we can put it in the small-cap group.
OPKO Health Inc (NASDAQ:OPK) is one of United States’s large-cap stocks that saw some insider buying over the past three months, with insiders investing in more than 3 million shares during this period. In total, individual insiders own over 44 million shares in the business, which makes up around 7.82% of total shares outstanding.
Insiders that have recently bought more shares are: Adam Logal . , Philip Frost (management) . , Robert Fishel (management and board member) . and Steven Rubin (management and board member) .
Over the next three years, analysts expect a robust revenue growth of 20.58% from today’s level, which will drive the meaningful bottom-line growth of 42.63%. OPK’s positive future sentiment could be a key driver of insiders ramping their shares if they believe the growth is not yet reflected in the current share price. Dig deeper into OPKO Health here.
Ribbon Communications Inc. (NASDAQ:RBBN)
Ribbon Communications Inc. provides networked solutions in the United States, Europe, the Middle East, Africa, Japan, rest of the Asia Pacific, and internationally. Established in 1997, and now led by CEO Franklin Hobbs, the company now has 2,457 employees and with the company’s market capitalisation at USD $548.38M, we can put it in the small-cap stocks category.
Ribbon Communications Inc’s (NASDAQ:RBBN) insiders have invested 175,000 shares in the small-cap stocks within the past three months. In total, individual insiders own over 4 million shares in the business, which makes up around 3.73% of total shares outstanding.
Insiders that have recently bought more shares are: Bruns Grayson (board member) . and Franklin Hobbs (management and board member) .
Analysts anticipate an impressive double-digit top-line growth of 17.88% per year over the next five years, which appears to flow through to a large earnings growth rate of 84.43% per annum. If insiders believe these benefits are defensible, this could be a motivation for the net buying activity. More detail on Ribbon Communications here.
Ares Commercial Real Estate Corporation (NYSE:ACRE)
Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate loans and related investments in the United States. Ares Commercial Real Estate was established in 2011 and with the stock’s market cap sitting at USD $352.38M, it comes under the small-cap category.
Ares Commercial Real Estate Corporation’s (NYSE:ACRE) insiders have invested 12,715 shares in the small-cap stocks within the past three months. In total, individual insiders own less than one million shares in the business, or around 2.35% of total shares outstanding.
The insider that recently bought more shares is William Benjamin (board member) .
Analysts anticipate an impressive double-digit top-line growth over the next three years, which appears to flow through to a large earnings growth rate of 43.64% from today’s level. If insiders believe these benefits are defensible, this could be a motivation for the net buying activity. More detail on Ares Commercial Real Estate here.
For more stocks with high, positive trading volume by insiders, explore this interactive list of stocks with recent insider buying.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
