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Corporate insiders have material non-public information and they sometimes trade based on such information. Other times they have an edge because they know their companies and industries better than almost all other investors. We believe that by imitating the investments of corporate insiders, investors are more likely to beat the market in the long term.

Below we compiled a list of top 10 telecom stocks insiders are bullish about. All companies were purchased by at least one insider during the past three months. The market data is sourced from Finviz and the sector classification is from Fidelity.

Symbol

Company Name

Market Cap

YTD Return

No. of Insiders

CTL

CENTURYLINK INC

20675.4

-23.32%

4

FTR

FRONTIER COMMUNICATIONS

6011.13

-33.26%

4

WIN

WINDSTREAM CORP

5823.74

-13.09%

3

SBAC

SBA COMMUNICATIONS CORP

3936.36

-13.75%

1

LVLT

LEVEL 3 COMMUNICATIONS

3065.5

75.51%

1

CLWR

CLEARWIRE CORP

1161.5

-75.34%

2

LEAP

LEAP WIRELESS INTERNATIONAL INC

461.18

-52.20%

2

IRDM

IRIDIUM COMMUNICATIONS

442.92

-26.67%

1

TNDM

NEUTRAL TANDEM INC

319.13

-29.64%

1

USMO

USA MOBILITY INC

304.32

-18.42%

1


Here are five telecom stocks with a market cap over $3 billion that insiders are bullish about.

Centurylink Inc (NYSE:CTL): CenturyLink is an integrated communications company. CTL was purchased by four insiders over the past three months and lost 23.32% since the beginning of this year. It has a market cap of $20.7B and a P/E ratio of 14.21. Phill Gross and Robert Atchinson invested $111 million in CTL. Steven Cohen also had over $100 million invested in the stock (check out Steven Cohen’s top stock picks).

Frontier Communications Corp (NASDAQ:FTR): Frontier is a communications company providing services predominantly to rural areas and small and medium-sized towns and cities. FTR was purchased by four insiders over the past three months and lost 33.26% since the beginning of this year. It has a market cap of $6.0B and a P/E ratio of 37.75. Bernard Horn and D. E. Shaw both had over $30 million invested in FTR shares (check out D. E. Shaw’s top stock picks).

Windstream Corp (NASDAQ:WIN): Windstream Corporation is a communications and technology solutions provider. WIN was purchased by three insiders over the past three months and lost 13.09% since the beginning of this year. It has a market cap of $5.8B and a P/E ratio of 20.76. Jim Simons had $32 million invested in WIN (see Jim Simons’ top stock picks).

SBA Communications Corp (NASDAQ:SBAC): SBA provides tower and site construction, base station deployment and integration, network design and back haul, and broadband services. SBAC was purchased by one insider over the past three months and lost 13.75% since the beginning of this year. It has a market cap of $3.9B. John H. Scully and John Lykouretzos both had over $100 million invested in SBAC.

Level 3 Communications Inc (NYSE:LVLT): Level 3 is engaged in the communications business. LVLT was purchased by one insider over the past three months and returned 75.51% since the beginning of this year. It has a market cap of $3.0B. Mason Hawkins had over $1 billion invested in the stock.

Source: 10 Telecom Stocks Insiders Are Bullish About