Welcome to edition 265 of Insider Weekends. Insider buying declined significantly last week with insiders buying $6.83 million of stock compared to $87.6 million in the week prior. Selling on the other hand increased with insiders selling $522.48 million of stock last week compared to $373.29 million in the week prior.
Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by total insider purchases that week. The adjusted ratio for last week went up to 76.51. In other words, insiders sold almost 77 times as much stock as they purchased. The Sell/Buy ratio this week compares unfavorably with the prior week, when the ratio stood at 4.26. We are calculating an adjusted ratio by removing transactions by funds and companies and trying as best as possible only to retain information about insiders and 10% owners who are not funds or companies.
Insider Sell Buy Ratio July 17, 2015
Note: As mentioned in the first post in this series, certain industries have their preferred metrics such as same store sales for retailers, funds from operations (FFO) for REITs and revenue per available room (RevPAR) for hotels that provide a better basis for comparison than simple valuation metrics. However metrics like Price/Earnings, Price/Sales and Enterprise Value/EBITDA included below should provide a good starting point for analyzing the majority of stocks.
Notable Insider Buys:
1. Dorian LPG Ltd. (LPG): $16.39
President and CEO John C. Hadjipateras acquired 20,000 shares of this liquefied petroleum gas (LPG) shipping company, paying $16.93 per share for a total amount of $338,657. Mr. Hadjipateras increased his stake by 3.24% to 637,569 shares with this purchase.
You can view the list of recent insider transactions for Dorian LPG Ltd. here.
| P/E: 36.42 | Forward P/E: 9.93 | Industry P/E: N/A |
| P/S: 9.22 | Price/Book: 1.1 | EV/EBITDA: N/A |
| Market Cap: $951.55M | Avg. Daily Volume: 196,283 | 52 Week Range: $9.94 – $22.25 |
2. Ryman Hospitality Properties, Inc. (RHP): $58.11
Chairman & CEO Colin V. Reed acquired 5,669 shares of this hotel operator, paying $57.19 per share for a total amount of $324,199. Mr. Reed increased his stake by 0.63% to 902,771 shares with this purchase.
