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Since my December 31, 2012 article titled "3 Stocks With Recent Intensive Insider Buying" the stocks that I featured in the article have performed as follows:

Company Price 12/28 Price 1/11 Change %
AMRS $2.45 $4.02 +64.1%
CFIS $1.06 $1.45 +36.8%
TAT $0.83 $0.95 +14.5%

In this article I will feature three additional stocks that have seen intensive insider buying during the last 30 days. To find these stocks I used the site called "Open Insider" and manually went through the companies.

Intensive insider buying can be defined by the following three criteria:

  1. The stock is purchased by three or more insiders within one month.
  2. The stock is sold by no insiders in the month of intensive purchasing.
  3. At least two purchasers increase their holdings by more than 10 percent.

1. ValueVision Media (NASDAQ:VVTV) operates as a multichannel electronic retailer in the United States. It markets, sells and distributes products to consumers through television, online, mobile, and social media platforms.


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Insider buys

  • Sean Orr purchased 23,150 shares on January 10 and currently holds 85,475 shares or 0.2% of the company. Sean Orr serves as a director of the company.
  • Joseph Berardino purchased 10,000 shares on January 9 and currently holds 161,000 shares or 0.3% of the company. Joseph Berardino serves as a director of the company.
  • Teresa Dery purchased 4,400 shares on December 13 and currently holds 161,000 shares or 0.3% of the company. Teresa Dery is Senior Vice President & General Counsel of the company.

Financials

The company reported the third-quarter financial results on November 14 with the following highlights:

Revenue $137.6 million
Net loss $3.7 million
Cash $30.5 million
Debt $38.0 million

Competition

ValueVision's competitors include Blue Nile (NASDAQ:NILE) and HSN (NASDAQ:HSNI). Here is a table comparing these companies.

Company VVTV NILE HSNI Industry
Market Cap: 111.44M 451.39M 3.15B 344.44M
Employees: 791 206 5,100 1.30K
Qtrly Rev Growth (yoy): 0.02 0.20 0.07 0.15
Revenue: 556.86M 376.24M 3.31B 475.30M
Gross Margin: 0.36 0.19 0.35 0.36
EBITDA: -6.05M 13.09M 273.33M 17.95M
Operating Margin: -0.04 0.03 0.07 -0.00
Net Income: -24.59M 7.69M 124.04M N/A
EPS: -0.50 0.55 2.05 -0.30
P/E: N/A 65.67 28.39 29.05
PEG (5 yr expected): -0.28 3.22 1.38 0.41
P/S: 0.20 1.22 0.95 1.15

ValueVision is trading below the industry average P/S ratio, which could explain some of the insider buying.

My analysis

The stock has a $5 price target from the Point and Figure chart. There have been three insider buy transactions and there have not been any insider sell transactions during the last 30 days. There are four analyst buy ratings, 0 neutral ratings and 0 sell ratings, with an average target price of $3.00. The stock is trading at a forward P/E ratio of 227.00. The company has a book value of $1.79 per share. I have a cautiously bullish bias for the stock currently based on the low P/S ratio, insider buying activity and the technical picture.

2. Capstone Mining Corp. (OTCPK:CSFFF) is a Canadian base metals mining company, preferentially focused on copper, with two producing copper mines, the Cozamin copper-silver-zinc-lead mine located in Zacatecas State, Mexico and the Minto copper-gold-silver mine in Yukon, Canada. In addition, Capstone has two development projects, the large scale 70% owned Santo Domingo copper-iron-gold project in Chile in partnership with Korea Resources Corporation and the 100% owned Kutcho copper-zinc-gold-silver project in British Columbia, as well as exploration at properties in Canada, Chile, Mexico and Australia. Using its cash flow and strong balance sheet as a springboard, Capstone aims to grow organically through continued mineral resource and reserve expansions, exploration, and through acquisitions in politically stable, mining-friendly regions.


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Insider buys

  • Capstone Mining Corp. purchased 50,000 shares on January 2 and currently holds 50,000 shares or less than 0.1% of the company.
  • Jason Howe purchased 3,225 shares on December 31, 2012 pursuant to a purchase/ownership plan. Jason Howe currently holds 226,225 shares or less than 0.1% of the company. Jason Howe is Vice President, Business Development.
  • Bradley Mercer purchased 3,220 shares on December 31, 2012 pursuant to a purchase/ownership plan. Bradley Mercer currently holds 57,259 shares or less than 0.1% of the company. Bradley Mercer is Vice President, Exploration.
  • Cindy Burnett purchased 3,044 shares on December 31, 2012 pursuant to a purchase/ownership plan. Cindy Burnett currently holds 3,044 shares or less than 0.1% of the company. Cindy Burnett is Vice President, Investor Relations and Communications.
  • Darren Pylot purchased 3,160 shares on December 31, 2012 pursuant to a purchase/ownership plan. Darren Pylot currently holds 565,369 shares or 0.1% of the company. Darren Pylot is President & CEO and Director of the company.
  • Peter Hemstead purchased 3,141 shares on December 31, 2012 pursuant to a purchase/ownership plan. Peter Hemstead currently holds 3,141 shares or less than 0.1% of the company. Peter Hemstead is Vice President, Marketing & Treasurer.
  • Jagdish Grewal purchased 3,209 shares on December 31, 2012 pursuant to a purchase/ownership plan. Jagdish Grewal currently holds 33,209 shares or less than 0.1% of the company. Jagdish Grewal is Senior Vice President, Strategy & Stakeholder Affairs.
  • John Kim purchased 3,140 shares on December 31, 2012 pursuant to a purchase/ownership plan. John Kim currently holds 4,140 shares or less than 0.1% of the company. John Kim is Corporate Secretary.

Financials

The company reported the third-quarter financial results on November 7 with the following highlights:

Revenue $93.0 million
Net income $12.8 million
Cash $509.4 million

Capstone announced on December 27, 2012 a share buyback program. Capstone proposes to purchase over the next 12 months up to 34,014,871 shares of its common stock.

Outlook

Capstone's 2012 guidance of 80 million pounds (± 5%) of copper contained in concentrates at a total cash cost of $1.55 to $1.65 per pound of payable copper, net of by-product credits and selling costs, remains unchanged. With copper production of 63.1 million pounds at a total cash cost per payable pound of copper produced of $1.44 for the first nine months of the year, the company is on target to meet its original guidance for the year.

In 2013 Capstone expects to produce 85 million pounds ±5% of copper in concentrates at a total cash cost of $1.65 to $1.75 per pound of payable copper, net of by-product credits and selling costs.

My analysis

There have been eight insider buy transactions and there have not been any insider sell transactions during the last 30 days. The company's goal is to grow production to 300 million lbs of copper per year by 2018. The stock is trading at a P/E ratio of 27.40. The stock could be a good pick below the book value of $2.94 per share.

3. Painted Pony (OTCPK:PDPYF) is a Canadian oil and gas exploration company.


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Insider buys

  • Edwin Hanbury purchased 9,600 shares on January 10 and currently holds 12,295 shares or less than 0.1% of the company. Edwin Hanbury is Vice President, Engineering.
  • Glenn Carley purchased 5,000 shares on December 21 pursuant to a public offering. Glenn Carley currently holds 6,000 shares or less than 0.1% of the company. Glenn Carley serves as a director of the company.
  • Bruce Hall purchased 25,000 shares on December 21 pursuant to a public offering. Bruce Hall currently holds 26,110 shares or less than 0.1% of the company. Bruce Hall is Vice President, Land.
  • Allan Ashton purchased 7,500 shares on December 21 pursuant to a public offering. Allan Ashton currently holds 97,100 shares or 0.1% of the company. Allan Ashton serves as a director of the company.
  • Barry McNamara purchased 5,000 shares on December 21 pursuant to a public offering. Barry McNamara currently holds 66,034 shares or less than 0.1% of the company. Barry McNamara is Vice President, Corporate Development.
  • James French purchased 5,000 shares on December 21 pursuant to a public offering. James French currently holds 518,082 shares or 0.6% of the company. James French is senior officer of the company.
  • Patrick Ward purchased 5,000 shares on December 21 pursuant to a public offering. Patrick Ward currently holds 969,420 shares or 1.1% of the company. Patrick Ward is President, Chief Executive Officer and Director of the company.
  • Mary Axford purchased 2,000 shares on December 21 pursuant to a public offering. Mary Axford currently holds 56,185 shares or less than 0.1% of the company. Mary Axford is Controller of the company.
  • James Reimer purchased 5,000 shares on December 21 pursuant to a public offering. James Reimer currently holds 12,355 shares or less than 0.1% of the company. James Reimer is Vice President, Exploration.
  • Joan Dunne purchased 5,000 shares on December 21 pursuant to a public offering. Joan Dunne currently holds 560,632 shares or 0.6% of the company. Joan Dunne is Vice President, Finance and Chief Financial Officer of the company.

Financials

The company reported the third-quarter financial results on November 20 with the following highlights:

Revenue $16.9 million
Net loss $2.6 million
Cash $40.5 million

On December 21, 2012 Painted Pony Petroleum announced that it has closed its previously announced bought deal financing. Pursuant to the offering, the company has issued a total of 16,997,000 common shares in the capital of the company, which included the full exercise of the over-allotment option granted to the underwriters of the offering. All of the common shares were issued at a price of $10.15 per common share for gross proceeds of $172,519,550. Subsequent to the closing of the offering, Painted Pony has 88,051,760 common shares issued and outstanding.

Outlook

The company continues to pursue the development and expansion of its Montney gas assets in northeastern British Columbia. In 2012, the company expects to complete drilling operations on a total of 11 (6.8 net) Montney wells. For 2013, the company has approved a capital budget of approximately $120 million, expected to be funded from cash flow and the existing credit facility. Approximately 80% of the budget has been allocated to Montney gas. During 2013, the company expects to participate in 11 (9.4 net) Montney wells. This proposed Montney program will include step-out drilling in the company's Cypress, northwest Blair and central Cameron blocks.

My analysis

The stock has a $23.5 price target from the Point and Figure chart. There have been 10 different insiders buying the shares and there have not been any insiders selling the shares during the last 30 days. The executives and directors as a group own 4% of the company. The company's proved and probable reserves are 137 mmboe. The current production is 7,000 boe/d. I have a bullish bias for the stock currently based on the fundamental and technical picture.

Source: 3 Stocks With Recent Intensive Insider Buying