The following three companies reported the largest CEO buys in terms of transaction amount over the past week. A common idea regarding insider buying is that an insider wouldn�� spend their own money investing unless they expected the price to rise. Which leads to the importance of CEO buys. CEO insider transactions are important to note because as the leader of a company CEOs are typically thought of to have the most insight into the inner workings of a company.
Invesco Mortgage Capital (IVR)
President and CEO of Invesco Richard King reported a rather notable insider buy on Aug. 5. The CEO purchased 6,500 shares of company stock at an average price of $15.41 per share. This purchase cost King a total of $100,165. Since this buy, the share price has increased a minor 0.13%. King now holds on to at least 56,545 shares of Invesco Mortgage stock.
King�� buy comes as the company�� price has recently dwindled down to nearly its 2-year low price of $14.13. His buy is also the first insider buy reported since May. Since the last purchase reported in May, the share price has dropped -21.32%.
Hot Low Price Stocks To Own For 2014: Perma-Fix Environmental Services Inc.(PESI)
Perma-Fix Environmental Services, Inc., through its subsidiaries, operates as an environmental and technology know-how company in the United States. It operates in two segments, Treatment and Services. The Treatment segment provides nuclear, low-level radioactive, mixed waste containing hazardous and low-level radioactive constituents, and hazardous and non-hazardous waste treatment, processing, and disposal services primarily through four licensed and permitted treatment and storage facilities. It also engages in the research and development activities to identify, develop, and implement waste processing techniques for problematic waste streams. The Services segment offers on-site waste management services to commercial and government customers; and operates an equipment calibration and maintenance laboratory that services, maintains, and calibrates health physics and industrial hygiene instrumentation. It also provides technical services, which include health physic and radiological control technician services; safety and industrial hygiene services; and staff augmentation services, such as consulting, engineering, project management, waste management, environmental, and decontamination and decommissioning field personnel, technical personnel, and management and services. In addition, this segment offers consulting engineering services, including consulting environmental services comprising air, water, and hazardous waste permitting; air, soil, and water sampling; compliance reporting; emission reduction strategies; compliance auditing; and various compliance and training activities. The company serves research institutions, commercial companies, and public utilities, as well as governmental agencies through direct sales and intermediaries. Perma-Fix Environmental Services, Inc. was founded in 1990 and is based in Atlanta, Georgia.
Hot Low Price Stocks To Own For 2014: Clearfield Inc.(CLFD)
Clearfield, Inc. offers telecommunications equipment and products in the United States. It engages in the design and manufacture of standard and custom connectivity products, such as fiber distribution systems, optical components, outside plant cabinets, and fiber and copper cable assemblies. The company?s products include Clearview cassettes; Clearview xPAK to land small port count fiber terminations and optical components; Fieldsmart fiber crossover distribution systems that provide fiber management modularity and scalability across the fiber network; FieldSmart fiber scalability center, a modular and scalable outside plant cabinet, which allow users to align their capital equipment expense with subscriber revenue; and FieldSmart fiber delivery point product line for the access network that incorporates the delivery of fiber connectivity to the neighborhood or business district. It also offers FieldSmart Small Count Delivery, a series of enclosure systems and wall-mount enclosures optimized for environments, such as cell backhaul, business class service delivery, node segmentation, and fiber exhaust in a field pedestal, sub-station turn-up, or fiber-to-the-desk deployment; and CraftSmart, a line of optical protection field enclosures used in the fiber industry for the optimization of fiber protection and storage. In addition, the company packages optical components for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for a seamless integration within its fiber management platform. It serves communication service providers consisting of fiber-to-the-premises; large enterprises; and original equipment manufacturer markets through various sales channels comprising direct to customers, distribution partners, and original equipment suppliers. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. The company was founded in 1979 and is headquartered in Plymouth, Minnesota.
Novellus Systems, Inc., together with its subsidiaries, develops, manufactures, sells, and supports equipment used in the fabrication of integrated circuits. The company operates in two segments, Semiconductor Group and Industrial Applications Group. The Semiconductor Group segment provides equipment used in wafer processing, advanced wafer-level packaging, and light-emitting diode (LED) manufacturing. Its deposition systems use chemical vapor deposition (CVD), physical vapor deposition (PVD), and electrochemical deposition (ECD) processes to form transistor, capacitor, and interconnect layers in an integrated circuit; and High-Density Plasma CVD (HDP-CVD) and Plasma-Enhanced CVD (PECVD) systems employ chemical plasma to deposit dielectric material within the gaps formed by the etching of aluminum, or as a blanket film that can be etched with patterns for depositing conductive materials into the etched dielectric. This segment?s CVD Tungsten systems are used to deposit co nductive contacts between transistors and interconnects; PVD systems are used to deposit conductive aluminum and copper metal layers by sputtering metal atoms; and Electrofil ECD systems are used for depositing copper to form the conductive wiring on integrated circuits using copper interconnects. The Industrial Applications Group segment provides grinding, lapping, and polishing equipment for fine-surface optimization. It offers products for use in the semiconductor and LED manufacturing, automotive, aerospace, medical, green energy, and glass and ceramics industries, as well as manufacturers of products, such as pumps, transmissions, compressors, and bearings. The company markets its products through direct sales force and manufacturer?s representatives primarily in Europe, the United States, Korea, Japan, China, Taiwan, and southeast Asia. Novellus Systems, Inc. was founded in 1984 and is headquartered in San Jose, California.
Hot Low Price Stocks To Own For 2014: iParty Corporation(IPT)
iParty Corp. engages in the sale of party goods and services through its retail stores in New England and Florida, the United States. Its stores feature approximately 20,000 products comprising paper party goods, Halloween costumes, greeting cards, and balloons, as well as merchandise, such as pinatas, tiny toys, masquerade, and Hawaiian Luau items. The company also offers party planning advice and relevant information services, as well as licenses the name iParty.com to a third party. As of December 26, 2009, it operated 26 stores in Massachusetts, 7 in Connecticut, 6 in New Hampshire, 3 in Rhode Island, 3 in Maine, 1 in Vermont, and 5 stores in Florida. The company was founded in 1998 and is based in Dedham, Massachusetts.
Hot Low Price Stocks To Own For 2014: Noodles & Co (NDLS.O)
Noodles & Company, incorporated on December 19, 2002, is a casual restaurant concept offering lunch and dinner. The Company offers noodle and pasta dishes, staples of many cuisines, with the goal of delivering fresh ingredients and flavors globally under one roof from Pad Thai to Mac & Cheese. The Company�� globally inspired menu includes a variety of cooked-to-order dishes, including noodles and pasta, soups, salads and sandwiches, which are served on china by its friendly team members.
As of May 28, 2013, including the 16 Company owned restaurants and one franchise restaurant opened in 2013. The Company opened 39 new company owned restaurants and six franchise restaurants. In 2012, the Company began using Your World Kitchen to describe the breadth of its offering and its customers' dining experience.
Hot Low Price Stocks To Own For 2014: Montefibre(MFBI.MI)
Montefibre S.p.A. produces and sells polyster and acrylic fibres in Italy. The company?s products are used in apparel and knitwear, automotive, medical and hygienic, building and geotex, filtration, outdoor fabrics, home textiles, oeko textiles, and interlining applications. It offers its products under the Lotan, Leacril, Myoliss, and Ricem names. The company was founded in 1918 and is headquartered in Milan, Italy. Montefibre S.p.A. is a subsidiary of Orlandi S.p.A.
Hot Low Price Stocks To Own For 2014: Lithium Americas Corp (LAC.TO)
Lithium Americas Corp. engages in the exploration and evaluation of lithium, potassium, and other mineral resources in South America. Its principal property includes the Cauchari‐Olaroz Lithium Project covering an area of approximately 82,500 hectares in adjacent Cauchari and Olaroz salt lakes located in Jujuy, Argentina. The company was incorporated in 2009 and is headquartered in Toronto, Canada.
Hot Low Price Stocks To Own For 2014: Soho Resources Corp.(SOH.V)
Soho Resources Corp. engages in the acquisition, exploration, and development of mineral properties in the prolific Sierra Madre Belt of Mexico. The company primarily explores for gold, silver, copper, lead, and zinc ores. It principally owns a 100% interest in the Tahuehueto project, a 9,081-hectare property located in Durango State. The company also holds a 100% interest in the Jocuixtita Project that consists of 6 contiguous mining concessions covering an area of approximately 4,332 hectares situated in Sinaloa State. Soho Resources Corp. was founded in 1986 and is headquartered in Vancouver, Canada.