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Heavy Insider Buying at ClearOne Communications (CLRO, CIEN, ALU)

February 24, 2012 | Hogan Keyser
clearone_logo.jpgClearOne Completes Acquisition of VCON Video Conferencing

February 24, 2012 by Jonathan Yates via -- Companies in the communications equipment sector such as ClearOne Communications (NASDAQ: CLRO), Alcatel Lucent (NYSE: ALU) and CIENA Corporation (NASDAQ: CIEN) present a variety of unique financial choices for investors, particularly in the mergers and acquisition.  ClearOne just completed its acquisition of VCOn Video Conferencing.  That and the financials makes ClearOne Communications very alluring for small cap investors.  The movement is the stock price proves this as it is up 8.12% for 2012..

Much of this movement can be attributed to heavy insider and institutional buying.  Both of these are very bullish indicators.Net institutional purchases in the current quarter at 114.7M shares, which represents about 34.43% of the company's float of 333.14M shares. Over the last six months, insiders were net buyers of 2,798,989 shares, which represents about 0.84% of the company's 333.14M share float

Insider buying is important as legendary investor Peter Lynch has stated that there are many reasons for insiders to sell (buy home, pay tuition, part of balancing of portfolio, etc...).  But there is only one reason for an insider to buy: they feel the price of the stock will rise.  Along with this, when an institutional investor such as a mutual fund or pension group buys, it tells all that the company has passed a demanding test.

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