This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Stocks Insiders Are Snapping Up

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Eagle Bancorp

One final stock in the banking complex where insiders are buying up some stock in is Eagle Bancorp (EGBN - Get Report). This bank offers full commercial banking services to its business and professional clients as well as complete consumer banking services to individuals living and/or working in the service area.

Eagle Bancorp has a market cap of $289.52 million and an enterprise value of -$262.15. This stock trades at a cheap valuation, since their trailing price-to-earnings is 14.12 and their forward price-to-earnings is just 10.54. Their estimated growth rate for this year is 45.5% and for next year it's pegged at 23.3%. This is a cash-rich company, since the total cash position on their balance sheet is $746.85 million and their total debt is $196.97 million.

A director bought 28,677 shares, or around 405,000 worth of stock, at $14.12 per share.

From a technical standpoint, EGBN is currently trading above both its 50-day and 200-day moving average, which is bullish. This stock formed a perfect double bottom in September and October at $11.10 to $11.26 a share. Since hitting that bottom, the stock has been uptrending strong and is now nearing a big breakout.

If you're bullish on EGBN, you could be a buyer off any weakness and anticipate the breakout. I would use a mental stop just below the 50-day moving average of $13.96 if you get long off weakness. You could also buy off strength and get long once EGBN breaks out above $14.94 to $15.14 with volume. Look for volume that's tracking in close to or above its three-month average action of 65,851 shares.

To see more stocks with notable insider buying like Enstar Group (ESGR - Get Report), First Acceptance (FAC - Get Report) and Inergy Midstream (NRGM), check out the Stocks With Big Insider Buying portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.


Follow Stockpickr on Twitter and become a fan on Facebook.

At the time of publication, author had no positions in stocks mentioned.
Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to and maintains the website, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.
6 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
NRGM $21.52 -1.28%
KMR $104.71 3.78%
EGBN $50.70 0.00%
ESGR $158.44 0.00%
FAC $1.70 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs