In which companies from NYSE do insiders buy stocks

With August comes the end of the bulk of second-quarter earnings, and it also opens windows for insiders to buy and sell stock again, and we saw a jump in volume last week.

Here are some of the companies that reported notable insider buying last week.

CBRE Group Inc. (NYSE: CBG) checked in with a massive buy when a director and 10% owner of the company, Value Act, bought 1,502,200 shares of the stock at prices that ranged from $28.28 to $28.43. The total for the purchase was posted at a stunning $43 million. The company operates as a commercial real estate services and investment company worldwide. Its shares closed trading on Friday at $29.61.

ConocoPhillips (NYSE: COP) had two directors at the energy giant buying shares last week, in the wake of a disappointing quarterly report. The pair bought a total of 19,000 shares of stock at prices posted between $39.92 and $39.74 apiece. The total for the two trades came in at $800,000. The stock closed on Friday at $40.60.

Bank of America Corp. (NYSE: BAC) also saw a director purchasing shares this past week. The banking giant’s director bought a block of 25,000 shares of the stock at $14.13 per share. The total for the trade was listed at $400,000. The stock closed the day on Friday at $15.05, so a well-timed trade, it appears.

Boeing Co. (NYSE: BA) is yet another blue chip giant that had a board member picking up stock this past week. A director at the aerospace conglomerate bought a total of 1871 shares of the stock at $133.89 apiece. That cost the director a total of about $300,000. Boeing shares closed the trading day Friday at $131.73.

Caterpillar Inc. (NYSE: CAT) joined in the director buying spree as a member of the board at the industrial giant bought a total of 1930 shares of the stock at a price of $82.75. The total for the trade was posed at $200,000. Caterpillar closed on Friday at $82.56. Note that Caterpillar is among the big stocks that have risen above their fair value targets.

These companies also reported insider buying last week: Infinera Corp. (NASDAQ: INFN), Lands’ End Inc. (NASDAQ: LE), Mattress Firm Holding Corp. (NASDAQ: MFRM), Penske Automotive Group Inc. (NYSE: PAG) and SunCoke Energy Inc. (NYSE: SXC).

Insider buying when the market is at current levels is very bullish and a sign that the breakout in the S&P 500 may be the push to new levels later this year. It is important to remember that August and September can be challenging months for stocks, so maintaining a degree of caution now is smart.