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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

5 Stocks With Huge Insider Buying

Ceres

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

Get Adobe Flash player

Another stock that insiders are active in here is Ceres (CERE), which sells seeds to produce renewable biomass feedstocks that can enable the large-scale replacement of petroleum and other fossil fuels. Insiders are buying this stock into some extreme weakness, since shares are down by 48% in the last six months.

Ceres has a market cap of $113 million and an enterprise value of $58 million. This stock trades at a premium valuation, with a price-to-sales of 19.79 and a price-to-book of 1.96. Its estimated growth rate for this year is 44%, and for next year it's pegged at -3.3%. This is a cash-rich company, since the total cash position on its balance sheet is $52.01 million and its total debt is just $161,000.

A beneficial owner just bought 42,880 shares, or around $197,000 worth of stock, at $4.61 per share. That same beneficial owner also just bought 131,264 shares, or around $615,000 worth of stock, at $4.65 per share.

From a technical perspective, CERE is currently trending above its 50-day moving average and well below its 200-day moving average, which is neutral trendwise. This stock has been uptrending strong for the last three months, with shares soaring from its low of $3.43 to its recent high of $4.94 a share. During that move, shares of CERE have been mostly making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of CERE within range of triggering a near-term breakout trade.

If you're bullish on CERE, then I would look for long-biased trades if this stock manages to break out above some near-term overhead resistance levels at $4.60 to $4.94 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 56,577 shares. If that breakout hits soon, then CERE will set up to re-test or possibly take out its next major over resistance levels at $5.62 to $6.16 a share.

I also featured Ceres recently in "5 Heavily Shorted Stocks Set to Report."

Stock quotes in this article: ADC, ADBE, CERE, PANL, UNH 

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.
DOW 16,501.65 -12.72 -0.08%
S&P 500 1,875.39 -4.16 -0.22%
NASDAQ 4,126.9670 -34.4910 -0.83%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

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