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Interested in knowing how insiders feel about their companies?

One great sentiment indicator for stocks comes from company insiders. Stocks that are seeing significant net purchases from company insiders are viewed more favorably because their employees are optimistic about their company’s outlook – and who knows more about the company than they do.

We ran a screen on basic materials stocks for those seeing the greatest net insider buying over the current quarter.

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 these insiders’ optimism? Use this list as a starting point for your own analysis.

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

1. Titanium Metals Corporation (TIE): Mills, manufactures, and distributes titanium and titanium alloys. Market cap of $2.73B. Net insider shares purchased over the last six months at 3.31M, which is 3.77% of the company's 87.58M share float. The stock has had a couple of great days, gaining 6.93% over the last week.

2. Vantage Drilling Company (NYSEMKT:VTG): Provides offshore contract drilling services to large multinational oil and natural gas companies, government owned oil and natural gas companies, and independent oil and natural gas producers in the United States and internationally. Market cap of $348.85M. Net insider shares purchased over the last six months at 5.35M, which is 3.22% of the company's 166.18M share float. The stock has had a couple of great days, gaining 7.14% over the last week, but performed poorly over the last month, losing 11.76%.

3. US Gold Corporation (NYSE:UXG): Engages in the exploration for, development of, production, and sale of gold, silver, and other precious metals. Market cap of $566.35M. Net insider shares purchased over the last six months at 3.07M, which is 2.76% of the company's 111.03M share float. The stock is currently stuck in a downtrend, trading 10% below its SMA20, 7.74% below its SMA50, and 37.15% below its SMA200. The stock has lost 40.37% over the last year.

4. Valhi, Inc. (NYSE:VHI): Operates in the chemicals, component products, and waste management businesses. Market cap of $7.07B. Net insider shares purchased over the last six months at 109.31K, which is 2.25% of the company's 4.85M share float. The stock has had a couple of great days, gaining 15.33% over the last week.

5. Triangle Petroleum Corporation (NYSEMKT:TPLM): Engages in the acquisition, exploration, and development of unconventional shale oil resources in the Bakken Shale and Three Forks formations in the Williston Basin of North Dakota and Montana. Market cap of $246.91M. Net insider shares purchased over the last six months at 880.0K, which is 2.24% of the company's 39.28M share float. The stock is a short squeeze candidate, with a short float at 7.47% (equivalent to 5.31 days of average volume). The stock has had a couple of great days, gaining 9.52% over the last week.

6. Star Gas Partners, L.P. (NYSE:SGU): Operates as a home heating oil distributor and services provider in the United States. Market cap of $337.30M. Net insider shares purchased over the last six months at 1.20M, which is 2.02% of the company's 59.43M share float. Offers a good dividend, and appears to have good liquidity to back it up--dividend yield at 6.22%, current ratio at 1.88, and quick ratio at 1.5. The stock has lost 1.78% over the last year.

7. ECA Marcellus Trust I (NYSE:ECT): Holds royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (NYSE:ECA). Market cap of $442.89M. Net insider shares purchased over the last six months at 209.31K, which is 1.64% of the company's 12.73M share float. The stock has gained 3.88% over the last year.

8. Isramco Inc. (NASDAQ:ISRL): Engages in the acquisition, development, production, and exploration of onshore oil and natural gas properties in the United States. Market cap of $222.33M. Net insider shares purchased over the last six months at 15.17K, which is 1.46% of the company's 1.04M share float. The stock is a short squeeze candidate, with a short float at 5.23% (equivalent to 23.93 days of average volume). The stock has had a couple of great days, gaining 10.09% over the last week.

*Insider data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 8 Basic Materials Stocks Seeing The Most Insider Buying