May 30, 2016

Posted by in Stock Reports | 0 Comments

Companies with noteworthy insider trading activity: SunOpta, Inc. (USA) (NASDAQ:STKL), Office Depot Inc (NASDAQ:ODP), CF Industries Holdings, Inc. (NYSE:CF)

Companies with noteworthy insider trading activity: SunOpta, Inc. (USA) (NASDAQ:STKL), Office Depot Inc (NASDAQ:ODP), CF Industries Holdings, Inc. (NYSE:CF)

As a general rule, insider buying shows management’s confidence in the company, and is considered a bullish sign—in other words a sign that stock prices are likely to go up. Conversely, insider selling is considered bearish—those in the know may be off loading their stocks in an expectation that prices will soon fall. So it pays to keep an eye on the activities of insiders.

Studies have shown that prompt and timely dissemination of insider transactions are profitable for investors, as insiders tend to beat the market. The odds in favor of an insider purchase being followed by further purchases are three times greater than the odds of a purchase followed by a sale.

Moving on to the first insider trade May 24, 2016 which involved Greene Douglas, a director at SunOpta, Inc. (USA) (NASDAQ:STKL), who acquired 30,000 shares at $3.31 per share to put the total holding at 325,543 shares. Its shares currently owned by company management are 2.20% while institutional investors own about 62.50%. The 6-month change recorded in total insider ownership was 9.42%. On the other side, 8.93% change in total institutional ownership has been reported for the 3-month period.

Office Depot Inc (NASDAQ:ODP) saw an insider buy stock in the company on May 25. TRAVIS NIGEL, director of the company, bought 14,267 shares for $3.47 per share worth a total of $49,506. After this insider buying, TRAVIS NIGEL now has a total stake of 192,003 shares in the company. Its shares currently owned by company management are 0.50% while institutional investors own about 91.40%. The 6-month change recorded in total insider ownership was 0.53%. On the other side, 1.15% change in total institutional ownership has been reported for the 3-month period.

CF Industries Holdings, Inc. (NYSE:CF) also received some insider trading action as ARZBAECHER ROBERT C, who is the company’s director added some 275 shares at a price of $27.95 per share to the holding that now comprises of 175 shares. Its shares currently owned by company management are 0.30% while institutional investors own about 94.60%. The 6-month change recorded in total insider ownership was 9.39%. On the other side, 3.87% change in total institutional ownership has been reported for the 3-month period.

 

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