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In this article, I will feature one financial sector stock that has 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 increased their holdings by more than 10%.

Janus Capital Group (NYSE:JNS) is a publicly owned asset management holding company with approximately $170.3 billion in assets under management.

(click to enlarge)

Insider buying during the last 30 days

Here is a table of Janus' insider-trading activity during the last 30 days.

NameTitleTrade DateShares PurchasedCurrent OwnershipIncrease In Shares
Richard FredericksDirectorFeb 195,00012,674 shares+65.2%
Richard WeilCEOFeb 525,0001,749,433 shares+1.4%
Jeffrey DiermeierDirectorJan 2426,000103,235 shares+33.7%

There have been 56,000 shares purchased by insiders during the last 30 days.

Insider buying by calendar month

Here is a table of Janus' insider-trading activity by calendar month.

Month

Insider buying / shares

Insider selling / shares

February 201430,0000
January 201426,0000
December 201300
November 201300
October 2013 0
September 201300
August 201300
July 201300
June 201300

May 2013

0

0

April 2013

0

2,403

March 2013

0

0

February 2013

0

48,343

January 2013

0

133,776

There have been 56,000 shares purchased, and there have been 184,522 shares sold by insiders since January 2013. The month of February 2014 has seen the most insider buying.

Financials

Janus reported the full-year 2013 financial results on January 23 with the following highlights:

Revenue$873.9 million
Net income$114.7 million
Cash$830.0 million
Debt$544.6 million

(click to enlarge)

(Source: Earnings presentation)

Competition

Janus' competitors include T. Rowe Price Group (NASDAQ:TROW), Invesco (NYSE:IVZ), and Fortress Investment Group (NYSE:FIG). Here is a table comparing these companies.

CompanyJNSTROWIVZFIG
Market Cap:2.05B20.98B14.93B1.99B
Employees:N/A5,6685,9322,265
Qtrly Rev Growth (yoy):0.040.180.120.38
Revenue:873.90M3.49B4.64B913.20M
Gross Margin:0.670.630.330.18
EBITDA:267.80M1.73B1.21B232.83M
Operating Margin:0.270.470.240.24
Net Income:114.70M1.04B875.80M141.60M
EPS:0.623.902.090.61
P/E:17.8620.5116.0213.56
PEG (5 yr expected):1.181.250.870.17
P/S:2.316.033.232.17

Janus has the highest gross margin among these four companies.

Here is a table of these competitors' insider-trading activities during the last 30 days.

CompanyInsider buying / sharesInsider selling / shares
TROW00
IVZ04,000
FIG060,568,275

Only Janus has seen intensive insider buying during the last 30 days.

Conclusion

There have been three different insiders buying Janus, and there have not been any insiders selling Janus during the last 30 days. Two of these three insiders increased their holdings by more than 10%. Janus has an insider ownership of 11.32%.

The insiders purchased their shares at a price range of $10.36-$11.54. I believe Janus could be a good pick at $11 based on the intensive insider buying.

Source: Janus Capital: 3 Different Insiders Have Purchased Shares This Year