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There are many different strategies to trade stocks and one of them is to look for insider purchases of stocks. Any insider trading from corporate officers, key employees, vice presidents, directors, senior management or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. Legal insider trading cannot be based on material non-public information; however, most investors believe that corporate insiders may have better insights into the growth of the company and its proceedings.

In this article, I will focus on notable insider share purchases from large cap companies (market cap greater than $10 billion) filed at the Securities and Exchange Commission between June 25, 2012 and June 29, 2012. I have also included the key financial positions of each company and insider trading summaries for three-month and 12-month periods. Use this list as a potential starting point for your analysis.

1. Energy Transfer Equity, L.P. (NYSE:ETE): Energy Transfer Equity, L.P. owns and operates a diversified portfolio of energy assets in the natural gas, natural gas liquids (NGL), and propane sectors in the United States. Energy Transfer Equity has a market cap of $11.48 billion and is currently trading around $41.02, with a 52-week range of $29.39 to $43.82.

According to SEC filings, Energy Transfer Equity had one insider purchase a total of 239,975 shares at a total value of $9,473,314 during fourth week of June. Over the past three months, there have been a total of two insider transactions with two Buy transactions. The key financial metrics for Energy Transfer Equity are given below:

The following chart provides the insider trading summary for 3-month and 12-month periods.

2. Chesapeake Energy Corporation (NYSE:CHK): Chesapeake Energy Corporation engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. The company also offers marketing, midstream, drilling, and other oilfield services. Chesapeake Energy has a market cap of $12.32 billion and is currently trading around $18.60 with a 52-week range of $13.32 to $35.34.

According to SEC filings, Chesapeake Energy had 2 insiders combined purchase a total of 47,700 shares at a total value of $853,462 during the previous week. Multiple insider purchases are usually a positive sign. Over the past 3 months, there have been a total of 24 insider transactions, with 14 of them being Buy transactions. The key financial metrics for Chesapeake Energy are given below:

The following chart provides the insider trading summary for 3-month and 12-month periods.

3. Schlumberger Limited (NYSE:SLB): Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. Schlumberger has a market cap of $86.56 billion and is currently trading around $64.91 with a 52-week range of $54.18 to $94.16.

According to SEC filings, Schlumberger had one insider purchase a total of 5,000 shares at a total value of $299,150 during the fourth week of June. Over the past three months, there were a total of 14 insider transactions, with 13 of them being Buy transactions. Both one week and eight week Schlumberger's insider sentiment is NEUTRAL with a sell/buy ratio of 1.90. The key financial metrics for Schlumberger are given below:

The following chart provides the insider trading summary for 3-month and 12-month periods.

4. Apache Corporation (NYSE:APA): Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache Corp has a market cap of $34.35 billion and is currently trading around $87.89 with a 52-week range of $72.67 to $128.60.

According to SEC filings, Apache Corp had one insider purchase a total of 1,100 shares at a total value of $88990 during the previous week. Over the past three months, there have been a total of 44 insider transactions with 1 of them being a Buy transaction. Both the one-week and eight-week Apache Corp's insider sentiment are NEUTRAL, with a sell/buy ratio of 1.90. The key financial metrics for Apache Corp are given below:

The following chart provides the insider trading summary for 3-month and 12-month periods.

Insider Sentiment is calculated by adding all insiders direct open market sells and buys (excluding option-related transactions) that have occurred in the time period. If the buys outweigh the sells, it is a POSITIVE sentiment. If the sells outweigh the buys, it is a NEGATIVE sentiment. If the buys and sells are approximately equal or there have been no transactions, then Insider Sentiment is considered as NEUTRAL.

Sell/Buy Ratio is calculated by dividing the total number of insider sales into the total number of buys filed with the SEC each week. The eight-week ratio is a moving average of the weekly ratio. A ratio of less than 2.0 is considered bullish and over 2.5 is bearish. A value below 2.0 with a ratio that has been declining over the previous eight weeks is considered more bullish.

Sources: Some of the data is sourced from Google Finance, Nasdaq, Fidelity and investor sites.

Additional Disclosure: I change my positions very frequently and may initiate either long or short positions in the above mentioned stocks at any time.

Disclaimer: I am not a registered investment advisor and do not provide specific investment advice. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion. It is up to investors to make the correct decision after necessary research.

Source: Notable Large-Cap Insider Purchases For The Fourth Week Of June