You get the feeling that shares of MEMC Electronic Materials (WFR) are beginning to offer a tremendous opportunity for those that have a longer holding time frame. A few insiders certainly do, including the CEO and CFO. With shares of WFR at nearly 10 year lows, both have done some buying giving the stock a boost today of about 15%. The purchases were actually made on August 5th, but the news is providing the catalyst … Read the rest
Tag Archives: insider buying
Ormat Technologies (ORA) Puna Geothermal Plant Back At Full Production, Insiders Buying
Ormat Technologies (ORA) today announced that its subsidiary, Puna Geothermal Venture completed the drilling and the mechanical cleaning of the production wells at the Puna Geothermal Power Plant located on the Big Island, Hawaii. The plant is now back at full production.
Shares of ORA are up nearly 2% today and sure look compelling down here. Over the last several weeks, the Israeli parent company Ormat Industries, has been buying up shares left and right.… Read the rest
Green Stocks Insider Action: ABAT CEO Buys Million Shares, FSLR CFO Dumping
Advanced Battery (ABAT) has seen strong technical action in recent days rising above the 200 day moving average. No doubt all the buying from the CEO has something to do with it. Is big news around the corner? CEO Fu Zhiquo purchased 1,000,000 shares on May 4th at $2.65/share. With shares currently nearly 3.50, not a bad return in a few days! So the company reports earnings on May 11th and the CEO buys $2.5 … Read the rest
US Geothermal (HTM): Insider Buying, Bullish Chart
I’ve been going through some green stock charts and came across US Geothermal (HTM), a speculative geothermal play with no profits yet but promising in the geothermal energy space considering the US is expected to double geothermal capacity within 5 years. On Oct 14th, the company won a DOE grant for its Raft River project in Idaho, which prompted the CEO, COO and CFO to buy shares in the company just a few days later. … Read the rest
Alternative Energy Stocks Insider Buying/Selling: CY & ES CEOs Buy Big
Here’s a run down of recent big buying or selling by insiders in alternative energy companies:
BUYING
* Nov 19th & 20th Cypress Semiconductor (CY) CEO bought 1,126,560 for roughly $3.5 million
* Nov 14th, 17th, 18th Energysolutions (ES) CEO Steve Creamer bought 1 million shares for roughly $4 million
SELLING
* Nov 24th Aerovironment (AVAV) Chairman/President Timothy Conver sold 22,268 shares for roughly $400K. He sold a similar amount at the beginning of … Read the rest