May 17, 2016

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Insiders Accumulating Significant Shares: Northwest Bancshares, Inc. (NASDAQ:NWBI), American Airlines Group Inc (NASDAQ:AAL), Duke Realty Corp (NYSE:DRE)

Insiders Accumulating Significant Shares: Northwest Bancshares, Inc. (NASDAQ:NWBI), American Airlines Group Inc (NASDAQ:AAL), Duke Realty Corp (NYSE:DRE)

As an investor it is wise to keep track of what insiders at large and small companies are doing. After all, these insiders are executives who should understand their business better than any of the rest of us. Using the trades that these executives make as one of the major tools of your stock investment research is wise.

Quite simply there are all kinds of reasons that an insider would sell a stock, and there is no way of telling exactly why they are selling at the time. Consider the fact that the insider could be selling to fund the education of a child or buy a new home. On the other hand insider purchases are generally more reliable indicators because the main goal in buying a stock is to make money, whether you are an insider or not.

Knowing the role of the insider who made the transaction is important. This seems like it should be common sense, but some investors fail to pay attention to this very important detail. Heavy insider transactions by someone such as the CFO or CEO should carry much more weight than insider transactions by someone who is an outside director. Consider how much that insider should know about the current state of the industry and their businesses.

Moving on to the first insider trade May 13, 2016 which involved McKnight William F, a director at Northwest Bancshares, Inc. (NASDAQ:NWBI), who acquired 800 shares at $14.30 per share to put the total holding at 22,223 shares. Its shares currently owned by company management are 0.70% while institutional investors own about 64.70%. The 6-month change recorded in total insider ownership was -7.62%. On the other side, -0.48% change in total institutional ownership has been reported for the 3-month period.

American Airlines Group Inc (NASDAQ:AAL) saw an insider buy stock in the company on May 13. BENJAMIN JEFFREY D, director of the company, bought 35,000 shares for $35,000 per share worth a total of $31.79. After this insider buying, BENJAMIN JEFFREY D now has a total stake of 35,000 shares in the company. Its shares currently owned by company management are 0.90% while institutional investors own about 77.30%. The 6-month change recorded in total insider ownership was -4.80%. On the other side, -1.05% change in total institutional ownership has been reported for the 3-month period.

Duke Realty Corp (NYSE:DRE) also received some insider trading action as SCOTT PETER M III, who is the company’s director added some 2,500 shares at a price of $22.46 per share to the holding that now comprises of 2,500 shares. Its shares currently owned by company management are 0.30% while institutional investors own about 95.90%. The 6-month change recorded in total insider ownership was -16.13%. On the other side, -2.55% change in total institutional ownership has been reported for the 3-month period.

 

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