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 Big Insider Buying

SandRidge Energy

One independent natural gas and oil player that insiders are buying a huge amount of stock in here is SandRidge Energy (SD - Get Report), which concentrates on exploration, development and production activities. Insiders are buying this stock into some modest weakness, since shares are down just 10.6% in the last three months.

SandRidge Energy has a market cap of $2.99 billion and an enterprise value of $6.65 billion. This stock trades at a premium valuation, with a trailing price-to-earnings of 697. Its estimated growth rate for this year is 1,500%, and for next year it's pegged at -268.8%. This is not a cash-rich company, since the total cash position on its balance sheet is $673.68 million and its total debt is a whopping $4.31 billion.

A beneficial owner just bought 4,975,000 shares, or about $30.81 million worth of stock, at $6.10 to $6.23 per share. That same beneficial owner also just bought 3,025,000 shares, or about $18.89 million worth of stock, at $6.24 to $6.25 per share.

From a technical perspective, SD is currently trending above its 50-day moving average and just below its 200-day moving average, which is neutral trendwise. This stock has been trending sideways for the last few weeks, with shares moving between $5.96 on the downside and $6.99 on the upside. A high-volume move outside of that range will likely lead to the next major trend for shares of SD.

If you're bullish on SD, then I would look for long-biased trades if this stock manages to break out back above its 200-day moving average of $6.71 a share and back above resistance at $6.99 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 15.35 million shares. If that breakout triggers soon, then SD will set up to re-test or possibly take out its next major overhead resistance levels at $7.32 to $7.49 a share. Any move above those levels will then put $7.80 to $8.16 into focus for shares of SD.


Another name in renewable energy space that insiders are loading up on here is Amyris (AMRS - Get Report). This company applies its industrial synthetic biology technology platform to provide alternatives to select petroleum-sourced products used in specialty chemical and transportation fuel markets worldwide. Insiders are buying this stock into weakness, since shares are off by 26% during the last six months.
2 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
SD $0.15 -11.76%
WFT $6.47 0.00%
AMRS $1.39 0.00%
ALXA $0.30 0.00%
PNY $59.19 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs