Market Overview

Five Small Caps with Recent Insider Trades

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Companies with smaller market capitalization generally receive less news coverage than larger companies. This lack of news coverage may make it difficult for investors to make informed decisions on these companies. On the other hand, management has a day-to-day view of a company's activities, perhaps giving them a better perspective on how the company is faring. Thus, investors may want to pay attention to insider transactions made by management.

Here are five small cap companies with recent insider transactions:

General Communication (NASDAQ: GNCMA): Ronald Duncan, president at General Communication, bought 38,000 shares at $7.16 on June 11. The company provides communication service to residents and businesses in Alaska.

Recently, General Communication announced a joint venture with Alaska Communications Systems. Under the agreement, General Communication plans to buy $100 million dollars worth of assets from Alaska Communications Systems. The announcement for this joint venture came after Verizon Wireless (NYSE: VZ) announced plans to enter the Alaskan market.

FelCor Lodging Trust (FCH: NYSE): On June 11, Richard Smith, CEO and president at FelCor, bought 50,000 shares for a cost of $213,000. FelCor is a real estate investment fund that invests and manages properties in the hospitality industry.

Although they had a net loss of $28.9 million in the first quarter, FelCor is increasing their outlook for 2012. First quarter results were at the high end of the company's expectations. On June 4, the company sold a portfolio of six hotels that was worth $103 million.

Taylor Capital Group (NASDAQ: TAYC): Hill Hammock, a director at Taylor Capital, bought 25,119 at a price $13.87 on June 5. Taylor Capital operates as a banking holding company for Cole Taylor Bank, and provides commercial banking products and services in the Chicago area.

In the first quarter of 2012, Taylor Capital Group had revenues of $58.9 million, a 50.6% increase from last years first quarter. The company stated that strong mortgage banking revenue and improvement in credit quality led to better results for the first quarter in 2012, in comparison to last year's first quarter.

Bottomline Technologies (NASDAQ: EPAY): James Loomis, a director at Bottomline Tech, sold 24,200 shares at a price of $17.88 on June 11 and 48,800 shares a at price of $17.61 on June 8. Bottomline Tech focuses on electronic payment, invoice, and document automation solutions.

Bottomline Tech was presented with the UK Customer Satisfaction Award in 2012, which rewards companies that carry out successful customer service strategies. Bottomline Techs shares sunk after reporting a third quarter net loss of $1.3 million on May 7.

Teavana Holdings (NYSE: TEA): Jurgen Link, an officer at Teavana, sold 10,000 shares at $14 on June 6 and sold 7,500 shares at $13.25 on June 4. Teavana sells tea and tea-related merchandise in the United States, Canada, and Mexico.

For the first quarter results, Teavana had an increase of 5.4% in their net income compared to last year's first quarter net income. Also, first quarter revenues came in below expectations, causing shares to decline. Teavana announced on June 11 that they completed the acquisition of the assets of a Canadian based tea company called Teaopia Limited.

Posted-In: Long Ideas News Short Ideas Small Cap Analysis Management Insider Trades Movers Tech Best of Benzinga

 

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