The 3 Hottest Insider Trading Stocks Right Now

Here we cross-referenced the latest insider transactions with the Street’s outlook. In other words, all the three stocks covered below have seen big insider buying, and hold a ‘Strong Buy’ consensus from the Street.

Let’s see why these 3 stocks are buzzing right now:

1. Kratos Defense (Nasdaq:KTOS)

First up: specialized national security company Kratos Defense & Security Solutions. This is a great- and cheap- way to get exposure to the booming drone industry. Indeed, the company is experiencing huge growth in its drone segment, known as UAS.

Just six days ago, director and owner Bandel Carano snapped up shares worth $127,000. This takes his total KTOS holding to just over $177 million. And as we can from the KTOS insider page, his transaction is the latest in a string of insider purchases.

As for the Street, the outlook is bullish. ln the last three months four analysts have published buy ratings on the stock. This is versus just 1 hold rating. These analysts are predicting (on average) 24% upside potential from current levels.

“The growth potential is very strong for the company over the next 3-5 years” writes Noble Financial’s Ben Klieve (Profile & Recommendations). He has a $20 price target on the stock (57% upside potential).

“We believe Kratos is creating meaningful value in excess of current share prices, and believe the rapid growth projected from the UAS segment should justify a higher stock valuation” the analyst states. See what other Top Analysts are saying about KTOS.

2. BeiGene Ltd (Nasdaq:BGNE)

One of the China’s largest biopharmas is BeiGene Ltd. The company is making a name for itself with cutting-edge cancer treatments. Primarily these treatments, known as BTK inhibitors, can shrink or eliminate some B cell tumors by disrupting the BCR pathway.

And now director and owner Baker Bros has made a massive share purchase worth almost $628 million. This five-star insider now holds a $2.8 billion position in the company.