Theoretically, insiders know more about their businesses than anyone else, so if they’re using their own money to buy the shares of their employers, you better pay close attention.

Recent price action suggests these names are being sold to harvest tax losses, and insiders seem to think these stocks are ready to benefit from the January effect — do you agree? List sorted by annual performance.  List Average 1-Year Return: -32%.

 

1. Uranium Resources, Inc. ( URRE): Engages in the acquisition, exploration, development, and mining of uranium properties, using the in situ recovery or solution mining process. Market cap at $53.14M.

Annual performance: -54.67%.Monthly performance: -5.56%. Over the last six months, insiders were net buyers of 34,330,500 shares, which represents about 29.94% of the company’s 114.65M share float.

Bonus, hedge funds are also optimistic: Net institutional purchases in the current quarter at 34.0M shares, which represents about 29.66% of the company’s float of 114.65M shares.

 

2. Horizon Pharma, Inc. ( HZNP): Develops and commercializes medicines for the treatment of arthritis, pain, and inflammatory diseases. Market cap at $147.79M.

Annual performance: -48.44%. Monthly performance: -12.12%. Over the last six months, insiders were net buyers of 575,356 shares, which represents about 1.38% of the company’s 41.76M share float.

Bonus, hedge funds are also optimistic: Net institutional purchases in the current quarter at 22.6M shares, which represents about 54.12% of the company’s float of 41.76M shares.

 

3. Saratoga Resources Inc. ( SARA): Engages in the acquisition, exploitation, development, and production of crude oil and natural gas properties in the United States. Market cap at $112.2M.

Annual performance: -47.01%. Monthly performance: -8.97%. Over the last six months, insiders were net buyers of 790,000 shares, which represents about 4.7% of the company’s 16.82M share float.

 

4. EXCO Resources Inc. ( XCO): Engages in the exploration, exploitation, development, and production of onshore North American oil and natural gas properties with a focus on shale resource plays. Market cap at $1.65B.

Annual performance: -26.47%. Monthly performance: -7.39%. Over the last six months, insiders were net buyers of 2,000,000 shares, which represents about 1.51% of the company’s 132.86M share float.

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