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Summary

  • 4 insiders purchased Hansen Medical stock within one month.
  • The stock was sold by no insiders in the month of intensive purchasing.
  • 3 of these 4 insiders increased their holdings by more than 10%.

Hansen Medical (NASDAQ:HNSN) develops, manufactures, and sells medical robotics designed for the positioning, manipulation, and control of catheters and catheter-based technologies.

(click to enlarge)

Insider buying during the last 30 days

Here is a table of Hansen Medical's insider activity during the last 30 days.

NameTitleTrade DateShares PurchasedCurrent OwnershipIncrease In Shares
Marjorie BowenDirectorMay 139,78987,780 shares+12.6%
Michael EagleDirectorMay 1310,00026,250 shares+61.5%
Stephen NewmanDirectorMay 138,000128,821 shares+6.6%
Nadim YaredDirectorMay 132,14322,216 shares+10.7%

There have been 29,932 shares purchased by insiders during the last 30 days.

Insider buying by calendar month

Here is a table of Hansen Medical's insider activity by calendar month.

MonthInsider buying / sharesInsider selling / shares
May 201429,9320
April 201400
March 201410,00035,589
February 2014078,809
January 201400
December 201300
November 201300
October 201300
September 201300
August 20138,101,8100
July 20131,147,4840
June 201300
May 201383,6130
April 201300
March 201365,90050,891
February 2013130,3530
January 2013101,8510

There have been 9,670,943 shares purchased and there have been 165,289 shares sold by insiders since January 2013.

Financials

Hansen Medical reported the first-quarter financial results on May 7 with the following highlights:

Revenue$3.7 million
Net loss$14.4 million
Cash$33.0 million
Debt$33.6 million

The four insiders purchased their shares after these results.

Competition

Hansen Medical's competitors include Medtronic (NYSE:MDT) and Intuitive Surgical (NASDAQ:ISRG). Here is a table comparing these companies.

CompanyHNSNMDTISRG
Market Cap:127.10M60.70B14.27B
Employees:17146,6592,739
Qtrly Rev Growth (yoy):0.250.03-0.24
Revenue:17.73M16.90B2.12B
Gross Margin:0.190.750.70
EBITDA:-43.65M5.67B797.10M
Operating Margin:-2.620.290.34
Net Income:-52.98M3.59B526.40M
P/E:N/A17.2327.91
PEG (5 yr expected):0.022.5211.52
P/S:7.173.606.63

Hansen Medical has the fastest revenue growth among these three companies.

Here is a table of these competitors' insider activities this year.

CompanyInsider buying / sharesInsider selling / shares
MDT068,600
ISRG01,648

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

Conclusion

There have been four different insiders buying Hansen Medical, and there have not been any insiders selling Hansen Medical during the last 30 days. Three of these four insiders increased their holdings by more than 10%. Hansen Medical has an insider ownership of 22.76%.

The four insiders purchased their shares at prices ranging from $1.19 to $1.27. I believe Hansen Medical could be a good pick below $1.27 based on the intensive insider buying.

Source: Hansen Medical: 4 Different Insiders Have Purchased Shares This Month