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Recent insider picks: FedEx, Trinity, Kinder Morgan

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Insider insider buying can be a pretty encouraging sign for any potential investor. However, this reporting season has shortened the buying time for many investors, and some insiders have bought shares since the reports have already been published.

Trinity Industries

One of Trinity's directors took advantage of the buy window last week. The same director bought 1.65 million shares in the price range of $ 19.67 and $ 20.49. The whole transaction was $ 32.91 million. The directors thus increase their total exposure to the company to 24.1 million units. The company is the transport sector.

Trinity posted better-than-expected reports a week later. The shares are trading above $ 20.75, just above the last price the director bought. The stock also reached 52-week highs at $ 26.63 earlier in the year, with analysts expecting the price to reach just $ 22.80.

Kinder Morgan

The board's chairman, Richard Kinder, continues to buy the company's shares. He has picked up about 600,000 more shares than the company building energy infrastructure in the $ 19.98 and $ 20.29 price range. The whole deal was for $ 12.05 million, and the peak of frequent purchases was between January and May this year.

Goldman Sachs recently lowered their price target for the company as well as SunTrust. The shares are trading above $ 20.50, above the insider buying area. Analysts expect Kinder's shares to rise to $ 22.15.

FedEx

A director at FedEx Corporation also took advantage of the buy window by buying 10,000 shares of the transportation giant. The deal is in the price range between $ 151.75 and $ 156.50 per share. It cost him $ 1.54 million, increasing his stake to 68,000 shares. In September, another director of the company purchased 1,750 shares.

Wells Fargo remains bullish on FedEx and their rival UPS before the festive winter season. The stock is trading around $ 156.20 and the analyst recommendation is buy.

Assured Guaranty's domestic purchases continue, as do American Airlines Group and Encana Corp.


 Trader Martin Nikolov

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