7 Stocks With CEO Buys of At Least $96,000 in the Past Week

Steven Kiel submits:Each week I highlight large CEO purchases of company shares. To view last week's edition, visit here. This week we have four stocks with CEO buys of at least $150,000. I prefer to look at CEO and CFO buys more than director purchases since management should be more privy to potential catalysts and have a better understanding of the day to day activities of the company.

Steven Kiel submits:Each week I highlight significant purchases made by CFOs. This week, we have 6 stocks with CFO buys of at least $20,000. I believe those CFO purchases, and other management purchases, are better indicators than director buys, because managers carry out the day-to-day activities and have a better understanding of potential catalysts. The CFO in particular should have the best handle of the company’s financial situation.

Steven Kiel submits:Insider buying can often be a good indicator of a coming catalyst for a stock. When officers and directors purchase shares of their company in the open market, they are showing their commitment to the company and confidence in the share price. Of course, insiders suffer from the same emotions as other investors and no one should go out and buy a stock simply because of an insider purchase, but it is a great place to look for promising stocks to research.

Steven Kiel submits:Each week I highlight large insider purchases made by the CEO. These purchases must not be option grants or exercises. I prefer to track insider buying at the CEO and CFO level, rather than at the Board level, because management should have a better idea of what’s going on in the day-to-day operation of the company. An insider buys company shares because they have confidence in the company and the stock, and occasionally these purchases foreshadow a coming catalyst.

Steven Kiel submits:Each week I highlight stocks where the CFO has made a purchase on the open market. This week the list contains five stocks where the CFO bought at least $25,000 worth of shares. Both this list, and the list of CEO buys I released recently, which can be found here, offer some interesting companies in which to do more research.

Steven Kiel submits:This week’s list of CEO purchases brings us eight companies where the CEO bought at least $100,000 of company stock in the open market over the past week.

Steven Kiel submits:When looking at insider purchases, CEO and CFO buying is a better indicator than board purchases. Since management is dealing with day to day matters, they have a better idea of what may be a positive catalyst for the stock. These are great indicators because insiders only make purchases on the open market if they think the share price will go up in the future, or because they want to convince you that they think it will.

Steven Kiel submits:Each week I highlight large CEO purchases made on the open market. The idea is that these purchases may portend good things for the company, since the CEO is putting his/her money and, sometimes, credibility on the line with a major purchase. Stock options are one thing, and don’t mean anything in regards to the future share price. But open market purchases are different.