3 Stocks Rising On Insider Buying Activity

Includes: PSEC, SFD, SPY, SWS
by: Robert Zingale

The following S&P 1000 companies have displayed large insider purchasing (direct ownership) activity during the past 3-months and have also seen rising stock prices:

  • SWS Group (NYSE:SWS) 1,593,331 shares bought
  • Prospect Capital (NASDAQ:PSEC) 306,563 shares bought
  • Smithfield Foods (NYSE:SFD) 295,250 shares bought

The following chart shows the performance of the SWS, SFD, PSEC against the performance of SPY over the past 3-months. Note that these stocks have recently seen their stock prices rise faster than the broader market.

(Click charts to expand)

The following table highlights key financial ratios and price performance for each company. Note that both SFD and SWS are both near their 52-week high.

Sources: Insider transactions data are taken directly from Form 4s. Financial data are taken from Yahoo! Finance.

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

Disclaimer: Please consult your financial advisor before making investment decisions. Depending on your circumstances and risk tolerance, the strategy in this article may not be suitable for all investors.