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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Stocks Insiders Are Scooping Up

DaVita HealthCare Partners

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

Get Adobe Flash player

One more stock with huge insider buying is DaVita HealthCare Partners (DVA), operates kidney dialysis centers and provides related lab services mainly in dialysis centers and in contracted hospitals across the U.S. Insiders are buying this stock into modest strength, since shares are up by 12.6% in the last six months.

>>5 Stocks Poised for Stellar Sales Growth in 2013 DaVita HealthCare Partners has a market cap of $10.60 billion and an enterprise value of $15.90 billion. This stock trades at a fair valuation, with a trailing price-to-earnings of 20.16 and a forward price-to-earnings of 15.05. Its estimated growth rate for this year is 23.4%, and for next year it's pegged at 19.6%. This is not a cash-rich company, since the total cash position on its balance sheet is $388.03 million and its total debt is a whopping $5.76 billion.

A beneficial owner just bought 179,300 shares, or $19.66 million worth of stock, at $109.40 to $110.35 per share. That same beneficial owner also just bought 187,898 shares, or $20.58 million worth of stock, at $109.21 to $109.76 per share.

From a technical perspective, DVA is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been trending sideways for the last month and change, with shares moving between $107.99 on the downside and $112.79 on the upside. A move above the upper-end of that recent sideways trading pattern will give shares of DVA a chance to break out and head higher.

If you're bullish on DVA, then I would look for long-biased if this stock manages to break out above some near-term overhead resistance levels at $112.79 to $114.93 a share with high volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average action of 1.1 million shares. If that breakout triggers soon, then DVA will set up to re-test or possibly take out its 52-week high of $116.50 a share. Any high-volume move above $116.50 will then give shares of DVA a chance to trend north of $120 a share.

To see more stocks with notable insider buying, check out the Stocks With Big Insider Buying portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.

-- Written by Roberto Pedone in Winderemere, Fla.

RELATED LINKS:



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 technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including CNBC.com and Forbes.com. You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.

6 of 6

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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 17,039.49 +60.36 0.36%
S&P 500 1,992.37 +5.86 0.30%
NASDAQ 4,532.1040 +5.6220 0.12%

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