Companies with higher levels of institutional ownership (stocks held by large financial organizations, pension funds or endowments) and strong insider ownership (stocks held by senior executives and directors within the firm) attract investor interest as it reflects a confidence in growth potential since institutional owners’ and insiders’ personal wealth is directly affected by stock performance.
Today we have picked 12 stocks trading below $3 across sectors that have high institutional and insider ownership and have witnessed a significant increase in insider ownership during the past six months. Moreover, we note that these stocks are rated a ‘Buy’ by all the analysts covering these stocks with consensus 12-month price targets indicating significant upside potential of over 40% from current levels, according to consensus estimates provided by Bloomberg.
|
Company Name |
Ticker |
Exchange |
Sector |
Market Cap |
Last Price |
Average Volume |
Price Change |
Equity Shares Outstanding |
Institutional Ownership |
Insider Ownership |
Change in Insider Holding |
|
Elephant Talk Communications |
ETAK |
NYSE |
Communications |
118.8 |
0.81 |
481,191 |
-36.2% |
146.7 |
35.1% |
9.7% |
1.1% |
|
InspireMD Inc |
NSPR |
NYSE |
Healthcare |
82.6 |
2.36 |
136,561 |
-24.6% |
35.0 |
33.5% |
14.7% |
6.9% |
|
USA Technologies |
USAT |
NASDAQ |
Technology |
63.6 |
1.79 |
105,394 |
-14.8% |
35.6 |
24.3% |
7.3% |
6.6% |
|
Flyht Aerospace Solutions Ltd |
FLY |
TSXV |
Industrial |
76.6 |
0.47 |
1,392,951 |
-19.0% |
163.0 |
20.1% |
10.0% |
7.2% |
|
Panoro Minerals Ltd |
PML |
TSXV |
Basic Materials |
69.6 |
0.34 |
194,961 |
11.5% |
204.7 |
20.0% |
7.2% |
1.1% |
|
Merus Labs International Inc |
MSL |
TSX |
Healthcare |
82.0 |
1.58 |
341,651 |
-13.7% |
51.9 |
18.9% |
14.9% |
2.8% |
|
Inuvo Inc |
INUV |
NYSE |
Communications |
18.4 |
0.78 |
302,438 |
-36.5% |
23.5 |
26.7% |
7.8% |
7.5% |
|
Dalradian Resources |
DNA |
TSX |
Basic Materials |
93.0 |
0.85 |
171,910 |
-1.2% |
109.4 |
45.1% |
5.9% |
5.6% |
|
Donnycreek Energy |
DCK |
TSXV |
Energy |
113.4 |
2.21 |
444,303 |
-23.5% |
51.3 |
12.0% |
12.7% |
3.7% |
|
Yangarra Resources |
YGR |
TSXV |
Energy |
165.7 |
1.12 |
1,597,641 |
49.3% |
147.9 |
14.8% |
12.4% |
9.1% |
|
Roxgold Inc |
ROG |
TSXV |
Basic Materials |
181.6 |
0.77 |
770,079 |
22.2% |
235.8 |
44.4% |
5.5% |
24.4% |
|
Symbility Solutions |
SY |
TSXV |
Technology |
73.0 |
0.35 |
208,161 |
18.6% |
208.7 |
33.6% |
13.7% |
1.6% |
Source: Bloomberg
Market Cap & Last Price are in their respective currencies
Company Description:
Elephant Talk Communications Corp (NYSE: ETAK)
Elephant Talk Communications, Inc. provides voice, data transmission, pre-paid calling cards, and Internet service provider services. The company is a facility-based international long distance carrier offering switch-voice services for both the wholesale and retail markets.
InspireMD Inc (NYSE: NSPR)
InspireMD, Inc. has built a technology platform with applications in interventional cardiology and other vascular procedures. The company’s first application is designed to provide a solution for patients suffering from Acute Myocardial Infarctions (AM
USA Technologies Inc (NASDAQ: USAT)
USA Technologies, Inc. offers consumer payment systems. The company’s e-Port electronic business solution is a credit card payment system that is used at vending machines, convenience stores, gas pumps, and other retail points-of-sale.
Flyht Aerospace Solutions Ltd (TSXV: FLY)
Flyht Aerospace Solutions Ltd provides safety and efficiency solutions to the aviation industry. The company’s products include an automated flight information reporting system, as well as monitoring, management, and reporting tools.
Panoro Minerals Ltd (TSXV: PML)
Panoro Minerals Ltd. acquires and explores mineral properties. The company currently owns an exploration stage gold-copper project located in Northern Peru.
Merus Labs International Inc (TSX: MSL)
Merus Labs International, Inc. is a pharmaceutical company. The company acquires and licenses niche branded pharmaceutical products in the United States and Canada. Merus’s products include anti-infectives and wound care products.
Inuvo Inc (NYSE: INUV)
Inuvo Inc. through subsidiaries offers online and traditional advertising, marketing, and communications services.
Dalradian Resources Inc (TSX: DNA)
Dalradian Resources Inc. is a Canadian based exploration company engaged in the acquisition, exploration and development of gold, base metals and other precious metals projects. With a European focus, the most advanced property is in Northern Ireland and
Donnycreek Energy Inc (TSXV: DCK)
Donnycreek Energy Inc. is an emerging Canadian oil and natural gas exploration and production company. The company is focused on horizontal multi-stage frac development in the liquid-rich Montney, Bluesky, Wilrich and/or Falher formations in the Deep Bas
Yangarra Resources Ltd (TSXV: YGR)
Yangarra Resources Ltd. acquires, explores, and develops oil and gas properties in Canada.
Roxgold Inc (TSXV: ROG)
Roxgold Inc., acquires, explores and develops natural resource properties in Canada.
Symbility Solutions Inc (TSXV: SY)
Symbility Solutions, Inc. is a software company dedicated to developing applications for the insurance industry in North America and Europe.The company’s subsidiaries provides software solution for the adjudication of health and dental claims and automates property insurance claims through its complementary components.
