In the past week three companies have reported significant insider buys as their prices have dropped to or have neared 52-week lows. It can be important to note these transactions because they can help you find undervalued, smaller-capped stocks that are oftentimes overlooked by Wall Street. The following three companies represent the insider buys at 52-week lows with the highest total transaction amounts.
NuStar GP Holdings (NSH)
Three insiders made buys this past week as NuStar Holdings hit a 52-week low in prices.
Executive VP and General Counsel Bradley Barron bought 1,000 shares at an average price of $25.37 per share. This transaction cost Barron a total of $25,370. Since his buy, the price per share has dropped 0.28%. The VP currently holds 14,716 shares of NuStar.
CEO and President Curt Anastasio bought 2,000 shares at a price of $24.88 per share. This cost the CEO a total of $49,760. Since this buy, the price per share has increased approximately 1.69%. Anastasio currently owns at least 87,175 shares of NuStar.
Executive VP and CFO Steven Blank also added 2,000 shares to his stake. His shares traded at an average price of $24.88 per share, bringing his total transaction amount to $49,700. Since his buy, the price per share has increased 1.81%. Blank currently owns at least 53,420 shares of NuStar Holdings.
NuStar GP Holdings is engaged in the terminalling and storage of petroleum products, the transportation of petroleum products and anhydrous ammonia, and asphalt and fuels marketing. The company has three operating business segments: storage, transportation and asphalt and fuels marketing.
This past week it was announced that NuStar Holdings would be removed from the Alerian MLP Index. The Alerian MLP Index is a composite of the 50 most prominent energy Master Limited Partnerships (MLPs) that provides investors with an unbiased, comprehensive benchmark for this emerging asset class.
NuStar GP Holdings has a market cap of $1.08 billion; its shares were traded at around $25.37 with a P/E ratio of 499.60. The dividend yield of NuStar GP Holdings is 8.50%.
The analysis on NuStar reports:
· The revenue has been in decline for the past three years.
· The dividend yield is at a three-year high.
· The P/B ratio is close to a two-year low of 2.43.
· The P/E ratio is at a 10-year high.
There are four gurus that hold stake in NuStar GP Holdings. Click here to see their holding histories.
Iron Mountain (IRM)
President and CEO William Meaney bought 12,000 shares at an average price of $29 per share. This transaction cost the CEO a total of $348,000. Since his buy, the price per share has increased 0.69%.
Director Arthur Little bought 1,800 shares of IRM at an average price of $29.01 per share. This cost the director a total of $52,218. Since his buy, the price per share has increased approximately 0.65%. Little currently owns at least 5,640 shares of Iron Mountain.
Director Ted Antenucci made the second largest buy of the day, adding 5,800 shares. These shares traded at $29.00 per share for a total transaction amount of $168,200. Antenucci currently holds at least 8,968 shares of Iron Mountain.
Lastly, CFO Brian McKeon bought 3,600 shares of Iron Mountain at an average price of $28.61 per share. The CFO spent a total of $102,996 on this insider transaction. Since his buy, the price per share has increased approximately 2.06%. McKeon holds at least 10,991 shares of IRM.
These insider buys came as the share price of IRM plummeted to its 52-week low.
The share prices of Iron Mountain fell 15% and to its 52-week low as the IRS reported a delay in the ruling on Iron Mountain’s possible conversion to a REIT.
Iron Mountain is leading enterprise specializing in information protection and storage services. The company maintains underground, guarded properties in which private hard copies of disclosed information from various companies can be stored. The company also offers highly secured cloud technology storage.
Iron Mountain has a market cap of $5.56 billion; its shares were traded at around $29.20 with a P/E ratio of 38.30 and a P/S ratio of 1.70. The dividend yield of Iron Mountain stocks is 3.70%. The company had an annual average earnings growth of 7.4% over the past 10 years. GuruFocus rated Iron Mountain the business predictability rank of 3-star.
Peter Lynch’s Valuation method shows that Iron Mountain appears to be overvalued:
There are currently seven gurus that hold a stake in Iron Mountain. Click here to see their holding histories.
PBF Energy (PBF)
PBF Energy reported the highest-costing insider buy of the week. Executive Chairman Thomas O’Malley bought 100,000 shares at approximately $27.00 per share. This cost the chairman a total of $2.7 million. Since his buy, the price per share has dropped 2.78%. O’Malley now owns 156,936 shares of PBF Energy.
PBF Energy is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the U.S. PBF currently owns and operates three domestic oil refineries and related assets, which were acquired in 2010 and 2011.
The company’s first quarter financial statement reported:
· An operating income of $100.1 million, versus an operating loss of $164.1 million in the first quarter of 2012.
· Adjusted net income of $46.7 million, or $0.48 per share, compared to a loss of $122.6 million, or $1.26 per share, in the same quarter 2012.
· Net income attributable to PBF Energy was $11.4 million.
PBF Energy has a market cap of $626.7 million; its shares were traded at around $26.25 with a P/E ratio of 334.90 and a P/S ratio of 125.000. The dividend yield of PBF Energy stocks is 2.30%.
The analysis on PBF Energy reports:
· The revenue has been in decline for the past three years.
· The company has issued $25.057 million of debt in the past year.
· The price is close to a one-year low of $26.25.
You can view all insider trades of companies at 52-week lows by using our all-in-one screener. To view all insider buys and sells this past week, click here.
NuStar GP Holdings (NSH)
Three insiders made buys this past week as NuStar Holdings hit a 52-week low in prices.
Executive VP and General Counsel Bradley Barron bought 1,000 shares at an average price of $25.37 per share. This transaction cost Barron a total of $25,370. Since his buy, the price per share has dropped 0.28%. The VP currently holds 14,716 shares of NuStar.
CEO and President Curt Anastasio bought 2,000 shares at a price of $24.88 per share. This cost the CEO a total of $49,760. Since this buy, the price per share has increased approximately 1.69%. Anastasio currently owns at least 87,175 shares of NuStar.
Executive VP and CFO Steven Blank also added 2,000 shares to his stake. His shares traded at an average price of $24.88 per share, bringing his total transaction amount to $49,700. Since his buy, the price per share has increased 1.81%. Blank currently owns at least 53,420 shares of NuStar Holdings.
NuStar GP Holdings is engaged in the terminalling and storage of petroleum products, the transportation of petroleum products and anhydrous ammonia, and asphalt and fuels marketing. The company has three operating business segments: storage, transportation and asphalt and fuels marketing.
This past week it was announced that NuStar Holdings would be removed from the Alerian MLP Index. The Alerian MLP Index is a composite of the 50 most prominent energy Master Limited Partnerships (MLPs) that provides investors with an unbiased, comprehensive benchmark for this emerging asset class.
NuStar GP Holdings has a market cap of $1.08 billion; its shares were traded at around $25.37 with a P/E ratio of 499.60. The dividend yield of NuStar GP Holdings is 8.50%.
The analysis on NuStar reports:
· The revenue has been in decline for the past three years.
· The dividend yield is at a three-year high.
· The P/B ratio is close to a two-year low of 2.43.
· The P/E ratio is at a 10-year high.
There are four gurus that hold stake in NuStar GP Holdings. Click here to see their holding histories.
Iron Mountain (IRM)
President and CEO William Meaney bought 12,000 shares at an average price of $29 per share. This transaction cost the CEO a total of $348,000. Since his buy, the price per share has increased 0.69%.
Director Arthur Little bought 1,800 shares of IRM at an average price of $29.01 per share. This cost the director a total of $52,218. Since his buy, the price per share has increased approximately 0.65%. Little currently owns at least 5,640 shares of Iron Mountain.
Director Ted Antenucci made the second largest buy of the day, adding 5,800 shares. These shares traded at $29.00 per share for a total transaction amount of $168,200. Antenucci currently holds at least 8,968 shares of Iron Mountain.
Lastly, CFO Brian McKeon bought 3,600 shares of Iron Mountain at an average price of $28.61 per share. The CFO spent a total of $102,996 on this insider transaction. Since his buy, the price per share has increased approximately 2.06%. McKeon holds at least 10,991 shares of IRM.
These insider buys came as the share price of IRM plummeted to its 52-week low.
The share prices of Iron Mountain fell 15% and to its 52-week low as the IRS reported a delay in the ruling on Iron Mountain’s possible conversion to a REIT.
Iron Mountain is leading enterprise specializing in information protection and storage services. The company maintains underground, guarded properties in which private hard copies of disclosed information from various companies can be stored. The company also offers highly secured cloud technology storage.
Iron Mountain has a market cap of $5.56 billion; its shares were traded at around $29.20 with a P/E ratio of 38.30 and a P/S ratio of 1.70. The dividend yield of Iron Mountain stocks is 3.70%. The company had an annual average earnings growth of 7.4% over the past 10 years. GuruFocus rated Iron Mountain the business predictability rank of 3-star.
Peter Lynch’s Valuation method shows that Iron Mountain appears to be overvalued:
There are currently seven gurus that hold a stake in Iron Mountain. Click here to see their holding histories.
PBF Energy (PBF)
PBF Energy reported the highest-costing insider buy of the week. Executive Chairman Thomas O’Malley bought 100,000 shares at approximately $27.00 per share. This cost the chairman a total of $2.7 million. Since his buy, the price per share has dropped 2.78%. O’Malley now owns 156,936 shares of PBF Energy.
PBF Energy is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the U.S. PBF currently owns and operates three domestic oil refineries and related assets, which were acquired in 2010 and 2011.
The company’s first quarter financial statement reported:
· An operating income of $100.1 million, versus an operating loss of $164.1 million in the first quarter of 2012.
· Adjusted net income of $46.7 million, or $0.48 per share, compared to a loss of $122.6 million, or $1.26 per share, in the same quarter 2012.
· Net income attributable to PBF Energy was $11.4 million.
PBF Energy has a market cap of $626.7 million; its shares were traded at around $26.25 with a P/E ratio of 334.90 and a P/S ratio of 125.000. The dividend yield of PBF Energy stocks is 2.30%.
The analysis on PBF Energy reports:
· The revenue has been in decline for the past three years.
· The company has issued $25.057 million of debt in the past year.
· The price is close to a one-year low of $26.25.
You can view all insider trades of companies at 52-week lows by using our all-in-one screener. To view all insider buys and sells this past week, click here.
