4 Notable Insider Buying – Facebook Inc, Humana Inc, Live Nation Entertainment, Arch Coal,Kinder Morgan Management, Nabors Industries,Oneok Partners

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Throughout the second quarter of 2012, insiders of energy-company were buyers even as other sectors noticed selling by those-in-the-know. Insiders for the most part are still seeking to exit but some notable buys are taking place in the energy sector.

A current update on InsiderScore displays that insiders have been partial towards selling. Selling at Live Nation Entertainment, Inc. (NYSE:LYV), Facebook Inc (NASDAQ:FB) and Humana Inc (NYSE:HUM) were highlighted among others this month.

In July, four energy companies were highlighted that saw insiders buy and now four more are presented that have taken place in this month.

A director at Arch Coal Inc (NYSE:ACI) Douglas Hunt has made the cut after buying 20,000 shares for $80,600. InsiderScore recognized that Hunt bought after the stock price decreased.

The Chief Executive and Chairman of Kinder Morgan Management, LLC (NYSE:KMR) Richard Kinder bought 11,900 shares for a total value of $ 942,000. Kinder has a solid pathway record for buying at Kinder Morgan Management (KMR), often indicating an opportunistic tact by buying shares on near-term weakness, as written by InsiderScore.

Land driller Nabors Industries Ltd. (NYSE:NBR) captured the attention after two directors bought in August. John Kotts bought 120,000 shares for a total value of $1.8 million whereas Howard Wolf bought 18,000 shares for a total value of $267,300.

Non-executive Chairman and retiring Chief Executive of Oneok Partners LP (NYSE:OKS) John Gibson bought 12,200 shares of the varied energy company for an amount of $603,500. The timing of Gibson’s buying is compelling taking into consideration it came shortly after he stepped down as CEO, as the company appears to develop its distribution unit of natural gas and at a price a little below at which the company accomplished public offering just days earlier.

Shares of Facebook Inc (NASDAQ:FB) were up 0.23% to $38.50 in pre-market. In last session FB closed at $38.41. Shares of Humana Inc (NYSE:HUM) were closed at $91.69 in last session. Shares of Live Nation Entertainment, Inc. (NYSE:LYV) were closed at $17.30 in last session. Shares of Arch Coal Inc (NYSE:ACI) were closed at $4.48 in last session. Shares of Kinder Morgan Management, LLC (NYSE:KMR) were closed at $79.61 in last session. Shares of Nabors Industries Ltd. (NYSE:NBR) were closed at $15.76 in last session. Shares of Oneok Partners LP (NYSE:OKS) were closed at $49.06 in last session.


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