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Corporate insiders understand their companies and their industries much better than ordinary investors. Sometimes they even have material non-public information about their companies. It is illegal to trade on such information, but insiders can still legally benefit from the information by not directly acting on them. For example, if insiders know bad news about their company is about to be released, they will postpone their purchases of the stock. This is not illegal but it helps insiders outperform other investors. That’s why we track insiders and encourage investors to focus on their investments.

Below we compiled a list of large-cap stocks that insiders are bullish about right now. All companies have over $10 billion market cap and were purchased by at least one insider over the past week.

Ticker

Company

Insiders

HPQ

Hewlett-Packard Company

1

VMW

VMware, Inc.

1

D

Dominion Resources, Inc.

1

CELG

Celgene Corporation

1

LYB

LyondellBasell Industries NV

1

RIG

Transocean Ltd.

2

VRX

Valeant Pharmaceuticals International, Inc.

1

ECL

Ecolab Inc.

1

Hewlett-Packard Company: Hewlett-Packard provides technologies and software solutions to individuals and institutions. HPQ was bought by one insider in the past week. On December 2, John Hammergren purchased 1,000 shares at $28.2075. The stock is now trading at $28.31. It has a market cap of $55.0B and a P/E ratio of 8.46. Seth Klarman’s Baupost Group invested $466 million in HPQ shares.

VMware, Inc.: VMware provides virtualization solutions from desktop to data center. VMW was bought by one insider in the past week. As the large shareholder at VMware, EMC Corp bought 15,600 shares at $96.0942 on December 7, 15,500 shares at $96.9394 on December 6, and 15,400 shares at $97.2738 on December 5. The stock is now trading at $96.33. It has a market cap of $40.1B and a P/E ratio of 63.36. Jim Simons’ Renaissance Technologies invested $67 million in VMW.

Dominion Resources, Inc.: Dominion Resources produces and transports energy. D was bought by one insider in the past week. On December 5, William Barr purchased nearly 1,000 shares at $51.0332 per share. The stock is now trading at $50.53. It has a market cap of $28.6B and a P/E ratio of 19.14. Phill Gross and Robert Atchinson’s Adage Capital Management invested $40+ million in D shares.

Celgene Corporation: Celgene is a biopharmaceutical company. CELG was bought by one insider in the past week. The director of the company, Ernest Mario, bought 1,000 shares at $61.4 and another 1,000 shares at $61.3 on December 5. The stock is now trading at $63.23. It has a market cap of $27.2B and a P/E ratio of 25.64. Bill Miller’s Legg Mason Capital Management owned $150+ million CELG shares as of September 30.

LyondellBasell Industries NV: LyondellBasell is a chemical company based in Netherlands. LYB was bought by one insider in the past week. Robin Buchanan purchased 1,194 shares at $33.4462 on December 7. The stock is now trading at $32.85. It has a market cap of $18.6B and a P/E ratio of 5.99. Andreas Halvorsen's Viking Global invested over $300 million in LYB shares.

Transocean Ltd.: Transocean provides offshore contract drilling services. RIG was bought by two insiders during the past week. On December 5, Steven Newman bought 6,500 shares at $44.52. On the same day, Magdy Ihab Toma also bought 1,000 shares at $44.9969. The stock is now trading at $42.91. It has a market cap of $14.1B. John Paulson's Paulson & Co had $773 million invested in RIG.

Valeant Pharmaceuticals International, Inc.: Valeant develops and manufactures pharmaceutical products. VRX was bought by one insider in the past week. Bradley Howard Schiller purchased 11,000 shares at $46.82 on December 5. Schiller also bought 11,000 shares at $46.26 on December 2 and another 21,500 shares at $46.05 on December 1. The stock is now trading at $47. It has a market cap of $13.5B and a P/E ratio of 214.95. Andreas Halvorsen’s Viking Global had more than $300 million invested in this stock.

Ecolab Inc.: Ecolab provides products and services for hospitality, food, healthcare and industrial markets. ECL was bought by one insider in the past week. Jerry Grundhofer purchased 5,400 shares at $55.4498 on December 5. The stock is now trading at $55.97. It has a market cap of $12.9B and a P/E ratio of 25.9. Boykin Curry’s Eagle Capital Management invested $358 million in ECL.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.