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Wish you could get an inside peek at your favorite companies? One idea is to consider insider buying trends. With this idea in mind, we ran a screen.

We began by screening for stocks with the confidence of their company insiders, such as members of the board and upper management, with significant net insider purchases over the last six months representing at least 2% of share float. Since most companies only have a handful of company insiders, net insider purchases representing 2% of share float is a big show of confidence in their employer's prospects.

We then screened these names for those with strong trends in revenue compared to inventory over the last year. We screened for companies seeing faster growth in revenue than inventory over the last year. Since inventory represents the portion of goods not yet sold, faster growth in revenue than inventory is considered a good sign.

To screen for healthy liquidity, we also only focused on those companies with inventory declining as a percent of current assets.

(click to enlarge)

Do you think these insiders are calling it right on their employers? Use this list as a starting point for your own analysis.

List sorted by net insider purchases over the last six months as a percentage of share float.

1. Leap Wireless International Inc. (LEAP): Provides digital wireless services under the 'Cricket' brand name in the United States. Market cap at $433.22M, most recent closing price at $5.47. Over the last six months, insiders were net buyers of 8,006,000 shares, which represents about 16.25% of the company's 49.26M share float. Revenue grew by 5.86% during the most recent quarter ($825.62M vs. $779.91M y/y). Inventory grew by -10.03% during the same time period ($99.58M vs. $110.68M y/y). Inventory, as a percentage of current assets, decreased from 16.8% to 10.77% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

2. Handy & Harman Ltd. (NASDAQ:HNH): Engages in precious metals, tubing, and engineered materials businesses in the United States and internationally. Market cap at $187.1M, most recent closing price at $14.25. Over the last six months, insiders were net buyers of 548,030 shares, which represents about 10.3% of the company's 5.32M share float. Revenue grew by 7.05% during the most recent quarter ($164.14M vs. $153.33M y/y). Inventory grew by -8.18% during the same time period ($54.88M vs. $59.77M y/y). Inventory, as a percentage of current assets, decreased from 34.35% to 28.53% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

3. Builders FirstSource, Inc. (NASDAQ:BLDR): Engages in the manufacture and supply of structural and related building products for residential new construction primarily in the southern and eastern United States. Market cap at $378.02M, most recent closing price at $3.91. Over the last six months, insiders were net buyers of 318,053 shares, which represents about 6.6% of the company's 4.82M share float. Revenue grew by 34.74% during the most recent quarter ($219.39M vs. $162.83M y/y). Inventory grew by 12.81% during the same time period ($82.08M vs. $72.76M y/y). Inventory, as a percentage of current assets, decreased from 31.65% to 25.06% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

4. Kraton Performance Polymers Inc. (NYSE:KRA): Produces styrenic block copolymers for use in industrial and consumer applications worldwide. Market cap at $647.38M, most recent closing price at $20.08. Over the last six months, insiders were net buyers of 957,100 shares, which represents about 3.49% of the company's 27.46M share float. Revenue grew by 18.41% during the most recent quarter ($408.31M vs. $344.83M y/y). Inventory grew by -2.17% during the same time period ($365.97M vs. $374.09M y/y). Inventory, as a percentage of current assets, decreased from 58.95% to 44.66% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

*Accounting data sourced from Google Finance, insider data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 4 Insider Stock Picks With Strong Inventory Trends