Stocks With Insider Buying, Buybacks: ZMH

Updated from 7:01 a.m. EDT

One of the primary goals of Stockpickr.com is to allow everyday investors to see what the big guns are buying. Often, we see a big-name investor loading up on a particular stock. This is usually a good sign, because you know that person put a lot of time and due diligence into that process. Plus, high-profile investors have bankers, lawyers and consultants breaking down the business every which way imaginable.

The real icing on the cake, however, is when that same company announces that an insider has purchased a large chunk of stock or even better, the board initiates a new, large share-buyback program.

That's why each Thursday at Stockpickr we update the Top 10 Insider Purchases and Buybacks portfolio, featuring the stocks that recently had either big insider purchases or newly announced buybacks, as well as super investors accumulating shares.

For instance, there's MetLife MET. The New York insurance and financial services provider approved a new $1 billion stock repurchase plan on April 22. This new buyback will follow up an existing $1 billion buyback, which has $261 million remaining under it.

The insurance giant last week reported first-quarter earnings that showed a 37% drop in net income in part due to a weaker dollar. However, operating income rose 3% to $1.11 billion, or $1.52 a share. That beat Wall Street estimates for $1.48 a share. The company's fees and premiums increased 12%, fueled by retirement and savings products.