Do you like to follow the trends of company insiders?
Insiders, naturally, work at the companies in question and have more knowledge about the firm than outsiders. When they put their own money on the line to purchase their company's shares it indicates they are bullish about the firm's future, and believe current share price is undervalued.
With that in mind, we wanted to focus on the companies that are bucking the trend.
We started by screening for companies that are expected to report earnings next week. We then screened for those that pay a dividend above 1%.
Finally, to refine the list, we collected data on insider buying, and identified the names that have seen bullishness from company executives, with net insider purchases representing at least 2% of share float.
For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.
Do you think the insiders are calling it right on these dividend stocks? Use this list as a starting point for your own analysis.
1. Concurrent Computer Corporation (NASDAQ:CCUR): Provides solutions that enable the seamless delivery, management, and monetization of video on any screen worldwide. Market cap at $52.49M, most recent closing price at $6.02. Over the last six months, insiders were net buyers of 127,744 shares, which represents about 1.98% of the company's 6.44M share float. Dividend yield at 4%. The company is expected to report earnings on January 29th, 2013.
2. Keynote Systems Inc. (NASDAQ:KEYN): Provides Internet and mobile cloud monitoring solutions worldwide. Market cap at $278.89M, most recent closing price at $15.52. Over the last six months, insiders were net buyers of 561,662 shares, which represents about 4.24% of the company's 13.25M share float. Dividend yield at 1.6%. The company is expected to report earnings on January 29th, 2013.
3. Middleburg Financial Corporation (NASDAQ:MBRG): Provides banking, fiduciary, and investment management services to individuals and small businesses. Market cap at $128.66M, most recent closing price at $18.25. Over the last six months, insiders were net buyers of 84,424 shares, which represents about 1.66% of the company's 5.08M share float. Dividend yield at 1.2%. The company is expected to report earnings on January 28th, 2013.
*Insider data sourced from Yahoo! Finance, all other data sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Business relationship disclosure: Business relationship disclosure: Kapitall is a team of analysts. This article was written by Sabina Bhatia, one of our writers. We did not receive compensation for this article (other than from Seeking Alpha), and we have no business relationship with any company whose stock is mentioned in this article.