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 With Notable Insider Buying

LHC Group

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

Get Adobe Flash player

In the health care facilities complex, insiders have snapped up a decent amount of shares in LHC Group (LHCG - Get Report), which provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals. Insiders have spotted some deep value here since this stock is off by over 40% in the last six months.

LHC Group has a market cap of $252.40 million and an enterprise value of $279.29 million. This stock trades at a forward price-to-earnings of 9.45. Their estimated growth rate for this year is -36.9% and for next year it's pegged at -16%. This is not a cash-rich company, since the total cash position on their balance sheet is $11.13 million and their total debt is $54 million.

A beneficial owner just bought 22,000 shares, or around $284,000 worth of stock, at $12.92 per share. This same beneficial owner has also bought over $2.6 million worth of stock since November 2011.

From a technical standpoint, LHCG is currently trading below both its 50-day and 200-day moving averages, which is bearish. This stock recently found some big buying support at around $12.34 to $12.53 a share, which could mean the stock is putting in a near-term bottom.

If you're bullish on LHCG, I would look to be a buyer off this stock if it can manage to sustain a move and close back above its 50-day moving average of $13.88 with volume. Look for volume that's near or above its three-month average action of 165,475 shares. You could also buy this stock off any weakness with a mental stop just below $12.34. I would then add to any long positions if LHCG takes out some near-term overhead resistance levels at $14.49 to $14.79 with volume.
5 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
SIGA $1.86 0.54%
ESL $53.07 0.00%
LHCG $34.27 0.00%
OSTK $10.76 0.00%
SPB $99.93 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs