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Insider buying slowed down this past week, but it’s still at a heightened level. CFOs in particular should have a handle on their own company’s prospects, which is why insider trades from that position are great to watch. Right now the markets are trying to determine whether the economy will enter a recession or not, but the high level of insider buying shows that executives are optimistic at these specific companies. Below are eight stocks with recent CFO buys. Information is courtesy of SECForm4.com.

Imperial Holdings (NYSE:IFT): Imperial Holdings is a specialty finance company providing financing for life insurance policies issued by insurance companies. The company went public in February, pricing their IPO at $10.75. Share now trade for $7.50. CFO Rory O’Connell bought 7,500 shares on August 17 and 18 at an average price of $7.89. At least one analyst thinks the company is significantly undervalued. Wunderlich Securities has a $16 price target on the stock.

Two Harbors Investments (NYSE:TWO): CFO Jeffrey Stolt joined seven other insiders by purchasing shares over the last two weeks. Stolt bought 5,000 shares on August 18 at an average purchase price of $9.58. Two Harbors is one of hedge fund manager Whitney Tilson’s top holdings. The company is a REIT focused on residential mortgage loans. The company declared a $0.40 quarterly dividend for the second quarter. If they’re able to keep that up for the year, shares would yield 17%.

ValueVision Media (VVTV): Shares of this $155 million market cap electronics retailer are down 60% over the past month. CFO William McGrath bought 14,500 shares on August 18 for $3.40 per share. The transaction totaled $49,300. McGrath was joined by three other executives who bought shares over the past week.

Black Box (NASDAQ:BBOX): Black Box is a $405 million market cap networking equipment seller. Shares trade near 52 week lows after the company reported disappointing earnings and lower than expected EPS guidance. CFO Michael McAndrew seems to think the selling is overdone. He bought 2,000 shares on August 17 for $23.26 per share. McAndrew might be a good one to watch. He sold shares in February at $39.78 per share and last November at $36.15 per share.

Sun Bancorp (NASDAQ:SNBC): Turnaround artist Wilbur Ross owns more than 25% of this bank. He bought more shares on August 10. A host of insiders joined him, and CFO Robert Crowl followed up by buying shares on August 12. Crowl bought 20,000 shares at $2.73 per share. The transaction totaled $54,600. Sun Bancorp trades at a price to tangible book ratio of less than one. While that’s attractive in a normal environment, there are a whole host of safer banks trading for less right now.

Wabash National Corporation (NYSE:WNC): Wabash National is another stock trading near 52-week lows. The stock of this truck trailer manufacturer is trading 51% lower than it was on July 1. CFO Mark Weber bought 10,000 shares on August 12 for $5.49 per share. The stock is already 15% lower than his purchase price.

U.S. Auto Parts Network (NASDAQ:PRTS): CFO Theodore Sanders has made multiple insider purchases lately totaling about $125,000. His purchase price ranged from $6.08 on August 12 to $6.39 on August 16. He also bought shares on August 17 and 15. U.S. Auto Parts Network is a $176 million market cap aftermarket auto parts distributor.

MaxLinear (NYSE:MXL): CFO Adam Spice bought 20,000 company shares on August 12 at $5.23 per share. His total purchase was just under $105,000. MaxLinear provides radio frequency and mixed-signal semiconductor solutions for broadband communication applications. The company has a $175 million market cap. The stock is trading 60% off its 52 week high.

Sunstone Hotel Investors (NYSE:SHO): Sunstone Hotel Investors is a REIT focused on upscale hotels in the U.S. CFO John Arabia has been making regular purchases of company shares. Most recently, he bought 25,000 shares at $6 per share on August 12. Shares are at 52 week lows despite announcing income of $0.26 per share for the last quarter.

Source: Insider Approved: 9 Stocks With Recent CFO Buying Action