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A significant correction has created much lower stock prices, and many insiders are taking advantage of this opportunity. In times like these, there is often a disconnect between the negativity in the headlines and the reality of operating results at certain companies. When you see insider buying at depressed prices, it often means the shares are oversold and offer great long term value. Some of these stocks look like good investments for the future, while others seem to be better as a short term trading opportunity. I have provided links for each stock which verifies the insider buying filed with the SEC below.

Here are the stocks:

Boyd Gaming (NYSE:BYD) is trading around $6.31. Boyd is a casino gaming company and is based in Las Vegas. These shares have traded in a range between $4.12 to $12.78 in the last 52 weeks. The 50-day moving average is $6.29 and the 200-day moving average is $7.60. BYD is estimated to earn about 3 cents per share in 2011 and earn 26 cents for 2012. This company is facing a number of challenges and has a relatively high debt load. Because of this, I would only consider buying on major dips and then sell on rallies. An officer recently bought 4,000 shares and two directors recently bought a total of 3,000 shares. You can see the insider buying here.

Red Lion Hotels (NYSE:RLH), is trading around $7. Red Lion operates hotels and is based in Washington. These shares have traded in a range between $6.13 to $9.29 in the last 52 weeks. The 50-day moving average is $6.87 and the 200-day moving average is $7.43. RLH is estimated to lose about 26 cents per share in 2011. This stock could make sense if you believe in an economic turnaround or that Red Lion could be a takeover target. The Columbia Pacific Opportunity Fund has been consistently buying shares for the past few months. You can see the repeated insider buying here.

Accuray, Inc. (NASDAQ:ARAY) shares are trading at $4.21. Accuray makes and markets the CyberKnife system, which is a image-guided robotic radio surgery system used to treat tumors. The 50-day moving average is about $3.96 and the 200-day moving average is about $6.35. These shares have traded in a range between $3.50 to $11.15 in the last 52 weeks. Earnings estimates are for a loss of about 52 cents in 2011. This company has a strong balance sheet, and a book value of about $3.27. This stock has rebound potential in January when the tax-loss selling season will have ended. An officer recently bought 10,000 shares, see that here.

China TransInfo Technology Corp., (NASDAQ:CTFO) is trading around $3.51. China TransInfo produces software solutions primarily for use in the transportation sector and is based in China. These shares have traded in a 52 week range between $2.07 to $5.34. The 50-day moving average is $3.29 and the 200-day moving average is $3.73. Earnings estimates for CTFO are at 56 cents per share for 2011, and 64 cents per share for 2012. The book value is reported to be $4.34. After a big drop in the stock price, one insider has been making repeated and major buys of tens of thousands of shares. You can see the insider buying here.

Denny's Corporation (NASDAQ:DENN) is trading around $3.84. Denny's is a national chain of restaurants focused on value. The 50-day moving average is $3.49 and the 200-day moving average is $3.78. These shares have traded in a range between $3.10 to $4.37 in the last 52 weeks. Earnings estimates for DENN are for a profit of 31 cents per share in 2011 and 39 cents for 2012. Denn's stock has popped lately on takeover speculation within the restaurant industry, so I would wait for lower prices before considering a buy. In early December, an officer bought 130,000 shares, see that here.

Primo Water Corp (NASDAQ:PRMW) is trading around $2.72. Primo is a provider of drinking water and water purification systems. These shares have traded in a range between $2.50 to $16.45 in the last 52 weeks. The 50-day moving average is $4.26 and the 200-day moving average is $9.79. PRMW is estimated to lose about 14 cents per share in 2011, and earn 26 cents in 2012. The book value is stated at $6.59. With the stock trading below book value, and at about 10 times forward earnings, it looks very cheap. Multiple insiders recently bought over 100,000 shares, see that here.

Cytori Therapeutics (NASDAQ:CYTX) is trading at $2.07. Cytori is a biotechnology company focused on regenerative treatments and is based in California. These shares have traded in a range between $2.01 to $8.44 in the last 52 weeks. The 50-day moving average is $2.75 and the 200-day moving average is $4.59. Cytori is estimated to lose about 65 cents per share in 2011 and 62 cents for 2012. With this stock trading way off the 52 week high, it looks like a good candidate for a rebound in January when tax-loss selling is over. Two insiders bought a total of over 40,000 shares in the past few weeks. See the insider buying here.

The data is sourced from Yahoo Finance and Insidercow.com. The information and data is believed to be accurate, but no guarantees or representations are made. Rougemont is not a registered investment advisor and does not provide specific investment advice. The information contained herein is for informational purposes only.

Source: 7 Low-Priced Stocks With Fresh Insider Buying