Top Insiders are Buying These Stocks In June Like Crazy

Following is information on insider buys for the week ended June 10, 2011:

  • Equity Lifestyle Properties Inc (NYSE:ELS): Samuel Zell bought 92,000 shares at a market price of $59.50 on June 2 2011, for a total cost of $5,474,000. About the company: Equity Lifestyle Properties, Inc owns or has an interest in communities in the United States and western Canada. The Company acquires properties such as camping grounds and seasonal resort communities.  Competitors include: Sun Communities, Inc. (NYSE:SUI), UMH Properties, Inc. (AMEX:UMH), Highwoods Properties (NYSE:HIW), Colonial Properties Trust (NYSE:CLP), Simon Property Group (NYSE:SPG), General Growth Properties (NYSE:GGP), EastGroup Properties (NYSE:EGP), and BRE Properties (NYSE:BRE).
  • Rigel Pharmaceuticals Inc (NASDAQ:RIGL): James Flynn bought 650,000 shares at a market price of $8.00 on May 26 2011, for a total cost of $5,200,000. About the company:  Rigel Pharmaceuticals, Inc. discovers and develops novel, small molecule drugs in four lead product development programs: allergy/asthma, autoimmune disorders, hepatitis C, and cancer. The Company’s first product candidate, R112, for allergic rhinitis is already in clinical testing. Rigel plans to begin clinical trials with the three additional drug candidates over the next 12 months.  Competitors include: Pfizer, Inc. (NYSE:PFE), AstraZeneca plc (NYSE:AZN), Merck & Co. (NYSE:MRK), Chelsea Therapeutics (NASDAQ:CHTP), Hospira, Inc. (NYSE:HSP), XOMA Limited (NASDAQ:XOMA), Mylan, Inc. (NASDAQ:MYL), and Ligand Pharmaceuticals (NASDAQ:LGND).
  • Transdigm Group Inc (NYSE:TDG): Robert Small bought 46,400 shares at a market price of $82.04 on June 1 2011, for a total cost of $3,806,656. About the company:  TransDigm Group, Inc., through subsidiaries, manufactures aircraft components. The Company produces ignition systems and components, gear pumps, mechanical/electromechanical actuators and controls, NiCad batteries/chargers, power conditioning devices, hold-open rods and locking devices, engineered connectors and latches, cockpit security devices, and AC/DC electric motors.  Competitors include: Duocommun Inc. (NYSE:DCO), CPI Aerostructures, Inc. (AMEX:CVU), The Boeing Company (NYSE:BA), BE Aerospace Inc. (NASDAQ:BEAV), Breeze-Eastern Corp. (AMEX:BZC), Astronics Corporation (NASDAQ:ATRO), Spirit AeroSystems Holdings (NYSE:SPR), and LMI Aerospace Inc. (NASDAQ:LMIA).
  • Cost Plus Inc (NASDAQ:CPWM): Willem Mesdag bought 309,950 shares at a market price of $8.88 on June 6 2011, for a total cost of $2,760,125. About the company:  Cost Plus, Inc. retails casual home living and entertainment products in the United States. The Company operates its stores under the name Cost Plus World Market. Cost Plus’s products include furniture, rugs, cards, baskets, glassware, ceramics, kitchen utensils, jewelry, wine, gourmet foods, coffees, and teas.
  • Marshall & Ilsley Corp New (NYSE:MI): Mark Furlong bought 215,176 shares at a market price of $7.89 on May 31 2011, for a total cost of $1,698,513. About the company:  Marshall & Ilsley Corporation is a diversified financial services corporation with banking locations throughout Wisconsin. The Company has additional locations in Arizona, Nevada, Florida, and Minnesota. Marshall & Ilsley also provides trust and investment management, equipment leasing, mortgage banking, financial planning, investments, insurance services, and data processing.
  • Nustar Energy L P (NYSE:NS): William Greehey bought 22,455 shares at a market price of $62.93 on June 3 2011, for a total cost of $1,413,366. About the company:  NuStar Energy L.P. transports and stores crude oil and refined products. The Company operates pipelines, terminals, and oil storage facilities. NuStar operates in North America, Latin America, the Caribbean, the United Kingdom, and continental Europe.
  • Overseas Shipholding Group Inc (NYSE:OSG): Charles Fribourg bought 35,353 shares at a market price of $24.95 on June 3 2011, for a total cost of $883,325. About the company:  Overseas Shipholding Group, Inc. maintains a fleet of marine transport vessels. The Company charters its ships to oil majors, traders and United States and international governmental agencies. OSG’s ships transport crude oil, refined petroleum products and gas.
  • Parkway Properties Inc (NYSE:PKY): James Heistand bought 50,000 shares at a market price of $17.33 on June 3 2011, for a total cost of $866,265. About the company:  Parkway Properties, Inc. is a self-administered real estate investment trust (REIT). The Company acquires, manages, finances and leases office properties in the southeastern United States and Texas.
  • Overseas Shipholding Group Inc (NYSE:OSG): Oudi Recanati bought 28,500 shares at a market price of $25.45 on June 6 2011, for a total cost of $737,325. About the company:  Overseas Shipholding Group, Inc. maintains a fleet of marine transport vessels. The Company charters its ships to oil majors, traders and United States and international governmental agencies. OSG’s ships transport crude oil, refined petroleum products and gas.
  • Overseas Shipholding Group Inc (NYSE:OSG): Charles Fribourg bought 28,642 shares at a market price of $24.74 on June 3 2011, for a total cost of $712,510. About the company:  Overseas Shipholding Group, Inc. maintains a fleet of marine transport vessels. The Company charters its ships to oil majors, traders and United States and international governmental agencies. OSG’s ships transport crude oil, refined petroleum products and gas.

(Note: Data on insider transactions is sourced from here.  Selected financial data is sourced from Yahoo! Finance.  All data are assumed to be accurate.)

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