Top 10 Stocks With Big Insider Buying, Buybacks

These are all positives, but what is even more interesting is that one of my favorite investors, John Buckingham of Al Frank Asset Management, invests in the stock. Buckingham is a well-known value investor who has a good eye for finding quality, cheap stocks, as is evidenced by the fund's 16% annual returns since its inception in 1998.

Chesapeake is also owned by Mason Hawkins, the well-regarded investor who manages Southeastern Asset Management and its $31 billion in client and investment company assets. Aside from Chesapeake, his fund also counts Dell(DELL Quote) and Sprint(S Quote) among its holdings.

So with Chesapeake, we have the CEO of the company recently buying a sizable chunk of shares, two excellent value investors in the name and analysts that like the stock. That makes it worth a look.

To see the rest of this week's picks, check out Stockpickr's Top 10 Insider Purchases and Buybacks portfolio.

And for more insight into Stockpickr's Guide to Insider Purchases and Stock Buybacks, you can review each of the last few weeks' picks by visiting these portfolios:

• Top 10 Insider Purchases and Buybacks I
• Top 10 Insider Purchases and Buybacks II
• Top 10 Insider Purchases and Buybacks III
• Top 10 Insider Purchases and Buybacks IV
• Top 10 Insider Purchases and Buybacks V
• Top 10 Insider Purchases and Buybacks VI
• Top 10 Insider Purchases and Buybacks VII
• Top 10 Insider Purchases and Buybacks VIII
• Top 10 Insider Purchases and Buybacks IX
• Top 10 Insider Purchases and Buybacks X
• Top 10 Insider Purchases and Buybacks XI

You can also review Barron's Top Insider Purchases from the prior week as well as Cramer's Mad Money Buybacks.