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Analysts follow the buying trends of company insiders because insiders know more about their companies than anyone else. When a stock sees increased insider buying, it is a sign that executives have confidence in their company’s performance.

We ran a screen on stocks from the tech sector for those trading under $5. We screened these stocks for those seeing significant net insider buying over the last six months.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.‬


We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.



Do you agree with insiders on these names? Use this list as a starting-off point for your own analysis.

List sorted by net insider purchases as a percent of share float.

1. ATS Corporation (ATSC): Provides software and systems development, systems integration, information sharing and assurance, information technology (IT) infrastructure and outsourcing, and IT and business consulting services primarily to government agencies in the United States. Market cap of $72.43M. Current price at $3.13. Net insider shares purchased over the last six months at 460.17K, which is 7.41% of the company's 6.21M share float. The stock has gained 12.86% over the last year.

2. American Superconductor Corporation (AMSC):
Provides wind turbine designs and electrical control systems primarily in North America, Europe, and the Asia-Pacific. Market cap of $254.51M. Current price at $4.75. Net insider shares purchased over the last six months at 1.51M, which is 3.86% of the company's 39.07M share float. The stock is a short squeeze candidate, with a short float at 19.77% (equivalent to 7.17 days of average volume). It's been a rough couple of days for the stock, losing 24.05% over the last week.

3. Quepasa Corp. (QPSA): Operates as an online social community for young Hispanics. Market cap of $56.71M. Current price at $4.06. Net insider shares purchased over the last six months at 306.30K, which is 2.18% of the company's 14.08M share float. The stock is currently stuck in a downtrend, trading 9.83% below its SMA20, 33.34% below its SMA50, and 49.12% below its SMA200. The stock has lost 14.6% over the last year.

4. Superconductor Technologies Inc. (SCON):
Semiconductor Circuits Industry. Market cap of $57.80M. Current price at $1.78. Net insider shares purchased over the last six months at 500.0K, which is 1.98% of the company's 25.28M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.67). The stock has had a couple of great days, gaining 8.02% over the last week.

5. TranSwitch Corp. (TXCC):
Designs, develops, and supplies semiconductor and intellectual property solutions for voice, data, and video communications equipment. Market cap of $80.36M. Current price at $2.61. Net insider shares purchased over the last six months at 422.30K, which is 1.86% of the company's 22.66M share float. It's been a rough couple of days for the stock, losing 10.2% over the last week. The stock has had a good month, gaining 13.3%.

6. MoSys, Inc. (MOSY):
Designs, develops, markets, and licenses embedded memory intellectual property (IP) used by the semiconductor industry and communications, networking, and storage equipment manufacturers. Market cap of $137.81M. Current price at $3.62. Net insider shares purchased over the last six months at 505.0K, which is 1.85% of the company's 27.27M share float. The stock is a short squeeze candidate, with a short float at 7.68% (equivalent to 26.27 days of average volume). The stock has lost 25.21% over the last year.

7. China TransInfo Technology Corp. (CTFO):
Provides public transportation information technology systems and related technology solutions in China. Market cap of $86.42M. Current price at $3.23. Net insider shares purchased over the last six months at 159.89K, which is 1.41% of the company's 11.37M share float. The stock has had a good month, gaining 16.72%.

8. MRV Communications Inc. (OTCQB:MRVC): Provides optical communications network infrastructure equipment and services to telecommunications operators, municipalities, cable multiple system operators, corporate and consumer Internet service providers, and data storage and cloud computing providers worldwide. Market cap of $215.34M. Current price at $1.37. Net insider shares purchased over the last six months at 1.14M, which is 0.82% of the company's 138.42M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.8). The stock has lost 4.2% over the last year.

9. API Technologies Corp. (ATNY): Engages in the design, development, and manufacture of systems, subsystems, RF, and secure communications solutions for defense, aerospace, medical, industrial, and commercial applications. Market cap of $270.12M. Current price at $4.80. Net insider shares purchased over the last six months at 163.17K, which is 0.68% of the company's 23.89M share float. The stock has gained 2.27% over the last year.

10. Comverge, Inc. (COMV):
Provides intelligent energy management (IEM) solutions for utilities, commercial and industrial users, and homeowners. Market cap of $57.61M. Current price at $2.30. Net insider shares purchased over the last six months at 32.41K, which is 0.21% of the company's 15.13M share float. The stock has had a good month, gaining 17.1%.

11. CalAmp Corp. (CAMP):
Develops and markets wireless communications solutions that deliver data, voice, and video for critical networked communications and other applications in the United States. Market cap of $83.29M. Current price at $2.92. Net insider shares purchased over the last six months at 30.0K, which is 0.13% of the company's 23.89M share float. The stock has gained 15.75% over the last year.

*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.

Source: 11 Tech Stocks Under $5 Being Snapped Up By Insiders