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Who knows a company better than anyone else? Company insiders, such as members of the board and upper management. The stock buying trends of these insiders are a great source for investors looking for interesting stock ideas.

We ran a screen on the utilities sector for stocks seeing the most 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 think these stocks will outperform like insiders expect? Use this list as a starting point for your own analysis.

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

1. American Midstream Partners LP (NYSE:AMID): Engages in gathering, treating, processing, marketing, and transporting natural gas in the Gulf Coast and southeast regions of the United States. Market cap of $175.47M. Net institutional shares purchased over the current quarter at 1.9M, which is 22.65% of the company's 8.39M share float.

2. Calpine Corp. (NYSE:CPN): An independent wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. Market cap of $6.69B. Net institutional shares purchased over the current quarter at 26.7M, which is 11.06% of the company's 241.50M share float. The stock has gained 17.96% over the last year.

3. Dynegy Inc. (NYSE:DYN): Engages in the production and sale of electric energy, capacity, and ancillary services in the United States. Market cap of $306.78M. Net institutional shares purchased over the current quarter at 4.4M, which is 5.85% of the company's 75.20M share float. It's been a rough couple of days for the stock, losing 11.97% over the last week.

4. Niska Gas Storage Partners LLC (NYSE:NKA): Operates natural gas storage assets in North America. Market cap of $636.56M. Net institutional shares purchased over the current quarter at 923.6K, which is 5.29% of the company's 17.45M share float. The stock has lost 49.46% over the last year.

5. Targa Resources Corp. (NYSE:TRGP): Provides midstream natural gas and natural gas liquid (NYSE:NGL) services in the United States. Market cap of $1.61B. Net institutional shares purchased over the current quarter at 1.3M, which is 4.67% of the company's 27.81M share float. Exhibiting strong upside momentum--currently trading 5.68% above its SMA20, 11.11% above its SMA50, and 15.89% above its SMA200. The stock has had a good month, gaining 11.23%.

6. Pampa Energia SA (NYSE:PAM): Electric Utilities Industry. Market cap of $553.56M. Net institutional shares purchased over the current quarter at 1.1M, which is 4.34% of the company's 25.35M share float. The stock is currently stuck in a downtrend, trading 5.96% below its SMA20, 11.15% below its SMA50, and 21.6% below its SMA200. It's been a rough couple of days for the stock, losing 5.14% over the last week.

7. GenOn Energy, Inc. (GEN): Operates as a generator of wholesale electricity in the United States. Market cap of $1.88B. Net institutional shares purchased over the current quarter at 27.0M, which is 3.76% of the company's 717.23M share float. The stock is currently stuck in a downtrend, trading 5.13% below its SMA20, 9.29% below its SMA50, and 26.63% below its SMA200. It's been a rough couple of days for the stock, losing 7.6% over the last week.

8. Atlas Energy, L.P (NYSE:ATLS): Engages in the gathering and processing of natural gas in the Mid-Continent and Appalachia regions. Market cap of $1.23B. Net institutional shares purchased over the current quarter at 842.9K, which is 3.60% of the company's 23.42M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.66). The stock has gained 66.48% over the last year.

9. ITC Holdings Corp. (NYSE:ITC): Engages in the transmission of electricity in the United States. Market cap of $3.65B. Net institutional shares purchased over the current quarter at 1.7M, which is 3.35% of the company's 50.79M share float. The stock is a short squeeze candidate, with a short float at 5.55% (equivalent to 6.8 days of average volume). The stock has gained 18.95% over the last year.

10. Empire District Electric Co. (NYSE:EDE): Primarily engages in the generation, purchase, transmission, distribution, and sale of electricity in Missouri, Kansas, Oklahoma, and Arkansas. Market cap of $845.06M. Net institutional shares purchased over the current quarter at 1.4M, which is 3.35% of the company's 41.74M share float. The stock has lost 3.45% over the last year.

11. Central Vermont Public Service Corp. (NYSE:CV): Operates as an electric utility company in Vermont, the United States. Market cap of $473.0M. Net institutional shares purchased over the current quarter at 406.2K, which is 3.30% of the company's 12.30M share float. The stock has gained 68.52% over the last year.

12. TransAlta Corp. (NYSE:TAC): Operates as a non-regulated electricity generation and energy marketing company. Market cap of $4.41B. Net institutional shares purchased over the current quarter at 6.3M, which is 2.84% of the company's 222.01M share float. It's been a rough couple of days for the stock, losing 6.41% over the last week.

13. Artesian Resources Corp. (NASDAQ:ARTNA): Provides water, wastewater, and engineering services on the Delmarva Peninsula. Market cap of $159.17M. Net institutional shares purchased over the current quarter at 208.0K, which is 2.72% of the company's 7.64M share float. The stock has gained 1.87% over the last year.

14. Cia Energetica de Minas Gerais (NYSE:CIG): Engages in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. Market cap of $12.02B. Net institutional shares purchased over the current quarter at 11.3M, which is 2.66% of the company's 425.18M share float. The stock has gained 10.47% over the last year.

15. Public Service Enterprise Group Inc. (NYSE:PEG): Operates in the energy industry primarily in the northeastern and mid Atlantic United States. Market cap of $15.71B. Net institutional shares purchased over the current quarter at 12.4M, which is 2.45% of the company's 505.27M share float. The stock has gained 3.88% over the last year.

*Institutional data sourced from Fidelity, all other data sourced from Finviz.

Source: 15 Utilities Stocks Being Snapped Up By Insiders