Below are companies that have recently had large insider buying in excess of $200,000 worth of stock. As a caveat, please only consider this as a starting point in your investment research as these are only the opinions of this blogger:
Walter Energy (WLT) is predominately focused on producing and exporting coal for the steel industry. The stock’s performance has not been pretty the past year where it currently sits just above its $16.08 52-week low and far from its $58.06 52-week high. Nevertheless, board director Joseph Leonard sees the stock moving higher ,purchasing a sizeable 16,700 shares on May 6. This equates to $475,000 worth of stock. The stock has become more of a value stock as it now trades at just .5x price to sales and 1.2x price to book value. Moreover, it did smash consensus estimates in its most recent quarter, while analysts are expecting