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Over 150 companies are releasing Q4 earnings next week. How do you narrow down the roster to create a watch list? Here are some ideas to get you started.

We ran a screen on next week's reporting companies for those seeing the most significant net insider purchases over the last six months. This indicates that insiders, such as members of the company's board and upper management, are bullish enough about their employers to buy company stock.

Interactive Chart: Press play to compare changes in analyst ratings over the last two years for the 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 surprise the market next week? Use this list as a starting point for your own analysis.

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

1. BancFirst Corporation (NASDAQ:BANF): Operates as the holding company for BancFirst that provides commercial banking services to retail customers and small to medium-sized businesses in the non-metropolitan trade centers of Oklahoma and the metropolitan markets of Oklahoma City, Tulsa, Lawton, Muskogee, Norman and Shawnee. Market cap of $594.61M. Earnings to be announced on 01/17. Net insider shares purchased over the last six months at 33.04K, which is 0.55% of the company's 5.99M share float. The stock is a short squeeze candidate, with a short float at 6.69% (equivalent to 25.09 days of average volume). The stock has lost 4.63% over the last year.

2. Community Trust Bancorp Inc. (NASDAQ:CTBI): Operates as the holding company for Community Trust Bank, Inc. Market cap of $461.82M. Earnings to be announced on 01/18. Net insider shares purchased over the last six months at 43.74K, which is 0.34% of the company's 12.70M share float. The stock has gained 9.27% over the last year.

3. MGIC Investment Corp. (NYSE:MTG): Provides private mortgage insurance to the home mortgage lending industry in the United States. Market cap of $774.50M. Earnings to be announced on 01/16. Net insider shares purchased over the last six months at 232.50K, which is 0.12% of the company's 197.13M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 3.27). The stock is a short squeeze candidate, with a short float at 20.65% (equivalent to 5.55 days of average volume). The stock has lost 66.55% over the last year.

4. Interactive Brokers Group, Inc. (NASDAQ:IBKR): Operates as an automated global electronic market maker and broker. Market cap of $691.75M. Earnings to be announced on 01/19. Net insider shares purchased over the last six months at 30.0K, which is 0.07% of the company's 43.90M share float. The stock has lost 13.6% over the last year.

5. Amphenol Corporation (NYSE:APH): Engages in the design, manufacture and marketing of electrical, electronic and fiber optic connectors; interconnect systems; and coaxial and specialty cables worldwide. Market cap of $7.79B. Earnings to be announced on 01/18. Net insider shares purchased over the last six months at 118.30K, which is 0.07% of the company's 164.69M share float. The stock has lost 9.19% over the last year.

6. Kinder Morgan Management LLC (NYSE:KMR): Operates as an energy transportation and storage company in North America. Market cap of $7.51B. Earnings to be announced on 01/18. Net insider shares purchased over the last six months at 45.0K, which is 0.06% of the company's 73.99M share float. The stock has gained 18.27% over the last year.

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

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

Source: Insiders Are Buying These 6 Companies Releasing Earnings Next Week