Keurig, Office Depot And Others Insiders Have Been Buying

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Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company to snap up shares. Here are some stocks that have seen insider buying recently.
First Financial Bankshares
One director has scooped up a total of 9,600 shares of
First Financial BanksharesFFIN
so far this month. That was worth more than $3.5 million, and it followed purchases totaling almost $120,000 in February. Short interest in this Texas-based bank has trended downward over the past year. The market capitalization is almost $2 billion and the long-term earnings per share (EPS) growth forecast is about 10 percent. The dividend yield is about 1.6 percent. Shares are down more than seven percent year to date. Over the past six months, the stock has underperformed competitor Texas Capital BancShares.
Keurig Green Mountain
Two directors have accumulated 15,000 shares of
Keurig Green MountainGMCR
since the beginning of the month. Altogether that was worth more than $1.5 million. The former Green Mountain Coffee Roasters will soon join the S&P 500, and it has extended a deal with Starbucks. The market cap is now almost $17 billion and the long-term EPS growth forecast is about 17 percent. The dividend yield is about 0.9 percent. The share price is more than 51 percent higher year to date. The stock has outperformed Starbucks and the broader markets over the past six months.
See also:Keurig Green Mountain And Starbucks Agree To Amend AgreementMDC Partners
The CEO, the CFO and three other executives purchased more than $6.0 million worth of
MDC PartnersMDCA
shares last week. That was 52,000 shares. Earlier this month, the Toronto-based marketing company announced the launch of a new media agency called Assembly. MDC Partners has a market cap of about $1 billion, its dividend yield is about 3.4 percent and its return on equity is near 66 percent. The share price has retreated almost 16 percent in the past month. However, over the past six months, the stock has outperformed the broader markets.
NuStar
Last week, one director bought almost 64,000 shares of
NuStar GP Holdings
NSH
and more than 35,000 shares of
NuStar EnergyNSH
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. That was worth nearly $3.9 million. Both stocks were upgraded by Goldman Sachs last week. NuStar GP Holdings offers a distribution yield of around 6.9%, while NuStar Energy's yield is near 8.3%. The latter has a long-term EPS growth forecast of more than 30 percent. Shares of both are up more than 40 percent from six months ago and taking another run at their 52-week highs from last April.
Office Depot
The CEO and four other directors acquired a combined 2.3 million
Office DepotODP
shares last week for more than $10.5 million. Consensus earnings estimates for both the current quarter and the full year have dropped by 50 percent in the past 30 days. The market cap of this specialty retailer is more than $2 billion. Short interest is a smaller percentage of the float than at rival Staples. The share price lost more than 14 percent year to date. But over the past six months, the stock has outperformed competitors Staples and Walmart.
See also:Insiders Of This Microcap Send A Strong Buy SignalOpko Health
The chairman continues to buy batches of shares periodically, as he has done for more than a year. He picked up almost 104,000
Opko HealthOPK
shares last week for a total price of more than $955,000. An Opko unit announced a partnership with Sony DADC this month. This Miami-based health care company has a market cap of about $4 billion, and short interest is about 21 percent of its float. The share price is up more than 13 percent in the past month. Over the past six months, the stock has underperformed competitor Allergan but outperformed the S&P 500.
At the time of this writing, the author had no position in the mentioned equities.
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Posted In: NewsInsider TradesAllerganFirst Financial Banksharesgreen mountain coffee roastersKeurig Green Mountainmdc partnersNuStar EnergyNuStar GP HoldingsOffice DepotOpko HealthStaplesStarbucksTexas Capital BancsharesWalmart
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