This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

5 Stocks With Large Insider Buying

Stocks in this article: GDOTHAINTTWOJNSKMR

Hain Celestial Group has a market cap of $2.79 billion and an enterprise value of $3.15 billion. This stock trades at a reasonable valuation, with a trailing price-to-earnings of 33.51 and a forward price-to-earnings of 21.25. Its estimated growth rate for this year is 30.1%, and for next year it's pegged at 17.8%. This is not a cash-rich company, since the total cash position on its balance sheet is $36.15 million and its total debt is $360.50 million.

A beneficial owner just bought 34,400 shares, or about $2.03 million worth of stock, at $59.02 per share.

From a technical perspective, HAIN is currently trending below its 50-day moving average and above its 200-day moving average, which is neutral trendwise. This stock has been downtrending for the last two months, with shares falling from a high of $73.72 to its recent low of $56.46 a share. During that downtrend, shares of HAIN have been consistently making lower highs and lower lows, which is bearish technical price action. That said, the stock has started to rebound off that low and is now moving within range of triggering a near-term breakout trade.

If you're in the bull camp on HAIN, then I would look for long-biased trades once this stock manages to break out above some near-term overhead resistance levels at $62.11 to $63.33 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 835,943 shares. If that breakout triggers soon, then HAIN will set up to re-test or possibly take out its next major overhead resistance levels at $66.21 to $70 a share.

Take-Two Interactive Software

One video game player that insiders are warming up to here is Take-Two Interactive (TTWO). This company is a developer, marketer and publisher of interactive entertainment for consumers around the globe. The company develops and publishes products through its two wholly-owned labels Rockstar Games and 2K. Insiders are buying this stock into some modest weakness, since shares are down by 15% so far in 2012.

Take-Two Interactive Software has a market cap of $1.04 billion and an enterprise value of $1.04 billion. This stock trades at a cheap valuation, with a forward price-to-earnings of 5. Its estimated growth rate for this year is 140.8%, and for next year it's pegged at 693.10%. This is barely a cash-rich company, since the total cash position on its balance sheet is $328.28 million and its total debt is $325.54 million.

3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,817.90 +7.84 0.04%
S&P 500 2,069.41 +5.91 0.29%
NASDAQ 4,754.8920 +41.9220 0.89%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs