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Since my December 7, 2012, article titled "5 Stocks With Recent Intensive Insider Buying", the stocks that I featured have performed as follows:

CompanyPrice 12/6Price 2/15Change
WFR$2.97$5.34+79.8%
FSCI$24.96$37.25+49.2%
WLDN$2.15$2.07-3.7%
CRFN$4.91$4.46-9.2%
CHFC$21.59$24.80+14.9%

In this article, I will feature three additional stocks that have seen intensive insider buying during the last 30 days.

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%.

1. Suffolk Bancorp (SUBK) operates as the holding company for Suffolk County National Bank, which provides domestic, retail, and commercial banking services, as well as wealth management services in Suffolk County, New York.

(click to enlarge)

Insider buying by insider (last 30 days)

  • Howard Bluver purchased 2,000 shares on February 4 and currently holds 20,000 shares or 0.2% of the company. Howard Bluver is President & Chief Executive Officer.
  • Brian Finneran purchased 651 shares on February 14-15 and currently holds 15,424 shares or 0.1% of the company. Brian Finneran is Executive Vice President & Chief Financial Officer.
  • Jeanne Kelley purchased 200 shares on February 11 and currently holds 2,119 shares or less than 0.1% of the company. Jeanne Kelley is Senior Vice President & Risk Manager.
  • Susan O'Shea purchased 236 shares on January 30 and currently holds 28,562 shares or 0.3% of the company. Susan O'Shea serves as a director of the company.

Insider buying by calendar month

Here is a table of Suffolk Bancorp's insider trading activity by calendar month.

MonthInsider buying / sharesInsider selling / shares
February 20132,8580
January 20133170
December 20123240
November 20121,6100
October 20122810
September 201256,8110
August 20122780
July 20123550
June 20123550
May 201231,1920
April 20123750
March 20123300
February 20127,3380

February 2013 has been the highest insider buying month since September 2012.

Financials

The company reported the full year 2012 financial results on January 30 with the following highlights:

Net loss$1.7 million
Book value$14.18 per share
Tangible book value$13.95 per share

Competition

Suffolk Bancorp's competitors include First of Long Island Corp. (FLIC) and JPMorgan Chase & Co. (JPM). Here is a table comparing these companies.

CompanySUBKFLICJPMIndustry Average (Regional - Northeast Banks)
Market Cap:163.77M269.49M186.07B67.50M
Employees:N/AN/A258,965142.00
Qtrly Rev Growth (yoy):0.130.040.190.09
Revenue:59.11M66.66M91.66B30.77M
Operating Margin:-0.000.440.360.28
Net Income:-1.75M20.39M19.88BN/A
EPS:-0.172.275.200.80
P/E:N/A13.199.4013.86
PEG (5 yr expected):N/A1.751.172.16
P/S:2.774.022.042.65

Suffolk Bancorp is growing faster than the industry.

My analysis

The stock has a $18 price target from the Point and Figure chart. There have been four different insiders buying and there have not been any insiders selling the shares during the past 30 days. The stock is currently trading very close to its book value, which could be a good entry point for the stock.

2. Jovian Capital Corporation (OTC:JVNCF) is a publicly owned investment holding company.

(click to enlarge)

Insider buying by insider (last 30 days)

  • Donald McFarlane purchased 11,800 shares on January 18-30 and currently controls 78,700 shares or 0.9% of the company. Donald McFarlane serves as a director of the company.
  • James Andrews purchased 146 shares on February 12 pursuant to a purchase/ownership plan. James Andrews currently holds 1,353 shares or less than 0.1% of the company. James Andrews serves as a director of the company.
  • Scott Norris purchased 200 shares on February 12 pursuant to a purchase/ownership plan. Scott Norris currently holds 200 shares or less than 0.1% of the company. Scott Norris serves as a director of the company.
  • Peter Aitken purchased 146 shares on February 12 pursuant to a purchase/ownership plan. Peter Aitken currently holds 4,550 shares or less than 0.1% of the company. Peter Aitken serves as a director of the company.
  • Duriya Patel purchased 216 shares on February 12 pursuant to a purchase/ownership plan. Duriya Patel currently holds 94,420 shares or 1.0% of the company. Duriya Patel is Vice President, General Counsel and Secretary.
  • Jason Mackey purchased 216 shares on February 12 pursuant to a purchase/ownership plan. Jason Mackey currently holds 53,653 shares or 0.6% of the company. Jason Mackey is Vice President and Chief Financial Officer.
  • John Lindsay purchased 216 shares on February 12 pursuant to a purchase/ownership plan. John Lindsay currently holds 40,351 shares or 0.4% of the company. John Lindsay is Vice President and Chief Operating Officer.
  • Mark Arthur purchased 216 shares on February 12 pursuant to a purchase/ownership plan. Mark Arthur currently holds 161,336 shares or 1.8% of the company. Mark Arthur joined Jovian Capital as Executive Vice President in 2003 and became President in August 2007.
  • Philip Armstrong purchased 216 shares on February 12 pursuant to a purchase/ownership plan. Philip Armstrong currently holds 308,802 shares or 3.4% of the company. Philip Armstrong is Chief Executive Officer.
  • Stephanie Mahoney purchased 216 shares on February 12 pursuant to a purchase/ownership plan. Stephanie Mahoney currently holds 17,216 shares or 0.2% of the company. Stephanie Mahoney joined Jovian Capital in May 2007 as Vice President, Risk Management.
  • Jeret Bode purchased 200 shares on February 12 pursuant to a purchase/ownership plan. Jeret Bode currently holds 2,750 shares or less than 0.1% of the company. Jeret Bode serves as a director of the company.
  • Adam Davis purchased 374 shares on February 11 pursuant to a purchase/ownership plan. Adam Davis currently holds 5,946 shares or less than 0.1% of the company. Adam Davis is a senior officer of the company.

Insider buying by calendar month

Here is a table of Jovian Capital's insider trading activity by calendar month.

MonthInsider buying / sharesInsider selling / shares
February 20132,3620
January 201332,0540
December 201200
November 201200
October 20122,5542,714
September 20123,7000

There have been more insider buying already this year than during the September 2012 - December 2012 period.

Financials

The company reported the fiscal 2013 third-quarter, which ended December 31, 2012, financial results on February 12 with the following highlights:

Revenue$12.6 million
Net loss$1.7 million
Cash$28.4 million
Debt$4.3 million

My analysis

The stock has a $11.25 price target from the Point and Figure chart. There have been 12 different insiders buying and there have not been any insiders selling the shares during the past 30 days. The reason why the stock tanked in December 2012, was a $3 special dividend. I have a cautiously bullish bias for the stock currently based on the intensive insider buying.

3. Aldridge Minerals (OTC:AGMIF) is a near development stage mining company focused on advancing its Yenipazar gold and polymetallic VMS deposit (Ag, Cu, Pb, Zn) in Turkey - a country that is committed to developing its natural resources and is rapidly emerging as an economic powerhouse. Aldridge is currently in the final stages of completing the Yenipazar feasibility study, which the company expects to deliver in March 2013. The Yenipazar project is subject to an earn-in agreement with Alacer Gold Corp. (OTCPK:ALIAF), wherein Aldridge can earn a 100% working interest subject to certain conditions, subject to a 6% net profit interest ("NPI", revenues less operational costs) until revenues of $165 million are generated, and a 10% NPI from there on.

(click to enlarge)

Insider buying by insider (last 30 days)

  • David Carew purchased 200,000 shares on February 14 pursuant to a private placement. David Carew currently holds 393,500 shares or 0.5% of the company. David Carew is Director, Investor Relations & Corporate Secretary.
  • Mario Caron purchased 189,480 shares on February 14 pursuant to a private placement. Mario Caron currently holds 264,480 shares or 0.4% of the company. Mario Caron is currently a director and President & CEO of Aldridge.
  • Edmundo Guimaraes purchased 105,270 shares on February 14 and currently holds 216,770 shares or 0.3% of the company. Edmundo Guimaraes serves as a director of the company.
  • James O'Neill purchased 31,580 shares on February 15 pursuant to a private placement. James O'Neill currently holds 46,580 shares or less than 0.1% of the company. James O'Neill is Chief Financial Officer.

Insider buying by calendar month

Here is a table of Aldridge Minerals' insider trading activity by calendar month.

MonthInsider buying / sharesInsider selling / shares
February 2013526,3300
January 201300
December 201200
November 201200
October 201200
September 201200

February 2013 has been the only insider buying month since September 2012.

Financials

The company reported the third-quarter financial results on October 18 with the following highlights:

Revenue$0
Net loss$3.2 million
Cash$6.5 million

On February 14, 2013, Aldridge announced that it had closed its previously announced underwritten private placement financing. The company issued a total of 22,105,082 common shares at a price of $0.475 per common share for gross proceeds of approximately $10.5 million.

Upcoming milestones

  • Yenipazar feasibility study in March 2013
  • Exploration drilling Q2/2013
  • Project financing Q2-Q4/2013

My analysis

There have been four different insiders buying and there have not been any insiders selling the shares during the past 30 days. The company has a 30% insider ownership. The preliminary economic assessment released in December 2010 gave the Yenipazar project a Net Present Value of $209 million. I have a bullish outlook for the stock currently based on the improved fundamentals for the Yenipazar project since the PEA was completed in 2010.

Source: 3 Stocks With Recent Intensive Insider Buying