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Fri, November 18, 2016

ZION, CAKE, PLXS, RARE, CORT, MGPI, Expected to Trade Lower After Bearish Insider Trading


Published on 2016-11-18 04:46:06 - WOPRAI
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November 18, 2016 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Lower in the next 6 months. Zions Bancorporation (NASDAQ:ZION), The Cheesecake Factory Incorporated (NASDAQ:CAKE), Plexus Corp. (NASDAQ:PLXS), Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE), Corcept Therapeutics Incorporated (NASDAQ:CORT), MGP Ingredients Inc (NASDAQ:MGPI) are all expected to go Lower as Sell signals have been generated by top insider trading patterns. The most important data elements considered when performing insider analysis are: Insiders Track Record - An insiders track record is best summarized by the Insider Score which ranges from 1 (least predictive) to 100 (most predictive) based on prior trading performance. In addition, the actual returns following the insiders prior trades are included to determine the potential magnitude of future returns. Insiders Role - Trades by higher-level insiders are generally more predictive than trades by lower level insiders. Higher-level insiders to include Chairman (CB), Chief Executive Officer (CEO), President (P), Chief Financial Officer (CFO), and Vice Chairman (VC).

The chart below displays the stocks expected to go Lower along with the insider name, position, predictive insider score, 6 month expected return and number of trading decisions included in the score.

  Symbol  Company Name                     Insider Name                     Role     Shares      Insider Score  Avg 6 Month Return  # of Dec. 
  ZION    Zions Bancorporation             Hume, Alexander J                O        19,798      77             -4.2%               3         
  CAKE    The Cheesecake Factory Incorporated  Kransdorf, Jerome I              D        7,500       80             -6.5%               6         
  PLXS    Plexus Corp.                     Kelsey, Todd P                   CEO      17,750      83             -4.9%               22        
  RARE    Ultragenyx Pharmaceutical Inc.   Kakkis, Emil D                   CEO      20,000      83             -17.6%              5         
  CORT    Corcept Therapeutics Incorporated  Enright, Patrick G               DO       174,847     91             -25.1%              4         
  MGPI    MGP Ingredients Inc              Schaller, Daryl R                D        35,000      88             -29.9%              3         
The insider buying report presents recent insider purchases, reported on Forms 3, 4, and 5 filed with the SEC. The transactions are aggregated to a 'decision' level which simplifies the data analysis. A decision is a grouping of buying or selling by an individual at the specified company.

Zions Bancorporation (NASDAQ:ZION) - Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; and residential mortgage servicing and lending. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services. In addition, the company offers personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, safe deposit facilities, direct deposits, and Internet and mobile banking services. Further, it provides online and traditional brokerage services; small business administration and secondary market agricultural real estate mortgage loans; and bond transfer, stock transfer, and escrow services for corporate customers. As of December 31, 2015, the company operated 450 domestic branches. Zions Bancorporation was founded in 1873 and is headquartered in Salt Lake City, Utah..

The Cheesecake Factory Incorporated (NASDAQ:CAKE) - The Cheesecake Factory Incorporated operates full-service and casual dining restaurants primarily in the United States. As of October 18, 2016, it owned and operated 204 casual dining restaurants throughout the United States and Puerto Rico, including 191 restaurants under The Cheesecake Factory mark; 12 restaurants under the Grand Lux Cafe mark; and 1 restaurant under the RockSugar Pan Asian Kitchen mark, as well as operated 13 The Cheesecake Factory branded restaurants under licensing agreements. The company also produces cheesecakes and other baked products for foodservice operators, retailers, and distributors. The company was founded in 1972 and is headquartered in Calabasas Hills, California..

Plexus Corp. (NASDAQ:PLXS) - Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers product development and conceptualization solutions; and product design and value-engineering solutions, including program management, feasibility studies, product conceptualization, specification development for product features and functionality, circuit design, field programmable gate array design, printed circuit board layout, embedded software design, mechanical design, test specifications development and product verification testing, automated production solutions, and complex automation design. The company also provides commercialization solutions, such as prototyping, new product introduction, design for supply chain, test development, and transition management; manufacturing solutions; and fulfillment and logistics solutions. In addition, it offers sustaining solutions, which include aftermarket services, such as screening, loaner program, part harvesting, in/out warranty repair, advanced exchange, part repair, upgrade, demo unit management, warranty redemption, refurbishment, recycling, part fulfillment, decontamination, destruction, part fulfillment with warranty redemption, complaint handling, and part sales. The company provides its solutions to companies in the networking/communications, healthcare/life sciences, industrial/commercial, and defense/security/aerospace sectors. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin..

Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) - RARE Hospitality International, Inc. (RARE Hospitality), incorporated in December 1982, and its subsidiaries operate and franchise restaurants. As of February 21, 2006, the Company operated and franchised 303 restaurants, including 247 LongHorn Steakhouse restaurants, 23 The Capital Grille restaurants and 31 Bugaboo Creek Steak House restaurants, as well as two additional restaurants (the specialty restaurants), Hemenway's Seafood Grille & Oyster Bar (Hemenway's) and The Old Grist Mill Tavern.

LongHorn Steakhouse

LongHorn Steakhouse restaurants are casual dining, full-service establishments serving both lunch and dinner. With locations spread throughout 25 states primarily in the Eastern half of the United States, LongHorn Steakhouse restaurants feature a variety of items, including signature steaks, as well as salmon, shrimp, chicken, ribs, pork chops, burgers and prime rib. The Company's prototypical LongHorn Steakhouse has an average seating capacity of approximately 188 seats in approximately 5,600 square feet of space. It leases the sites for all but 68 of its LongHorn Steakhouse restaurants in operation. The Company also owns four sites for restaurants under construction and owns the sites for two restaurants with construction scheduled to begin later in 2006.

The Capital Grille

The Capital Grille is located in major metropolitan cities in the United States. The Capital Grille offers dry aging steaks on premises and fresh seafood. The Capital Grille restaurant development strategy includes the use of sites that are historic or unique in nature. Accordingly, the Company utilizes methods to balance control of the construction costs with the retention of the unique ambiance of each location. The Company leases all of its The Capital Grille restaurant sites. Three The Capital Grille restaurants were opened in 2005.

Bugaboo Creek Steak House

Primarily located in states on the Eastern seaboard, Bugaboo Creek Steak House restaurants attract guests of all ages with a rustic decor reminiscent of an authentic Rocky Mountain lodge. Bugaboo Creek Steak House restaurants offer a variety of menu offerings including seasoned steaks, prime rib, smoked baby-back ribs, spit roasted half chicken, grilled salmon and shrimp. The Company continues to develop and refine the Bugaboo Creek Steak House restaurant design with the objective of reducing the capital expenditure required for new restaurant construction and reducing ongoing operating costs. This modified design is smaller than earlier designs and utilizes approximately 6,400 square feet with a capacity of approximately 230 seats. All of the Bugaboo Creek Steak House restaurants opened in 2005 were located on leased property..

Corcept Therapeutics Incorporated (NASDAQ:CORT) - Corcept Therapeutics Incorporated, a pharmaceutical company, engages in the discovery, development, and commercialization of drugs for the treatment of severe metabolic, oncologic, and psychiatric disorders in the United States. Its products include Korlym (mifepristone) tablets as a once-daily oral medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushing s syndrome, who have type 2 diabetes mellitus or glucose intolerance, and have failed surgery or are not candidates for surgery. The company is also developing mifepristone, Korlym s active ingredient, which is in Phase I/II clinical trial in combination with the chemotherapy drug eribulin (Halaven) to treat patients with metastatic, triple-negative breast cancer, a form of solid-tumor cancer with a particularly poor prognosis; and CORT125134 that is in Phase I clinical trials for the treatment of patients with Cushing s syndrome and solid-tumor cancers. Corcept Therapeutics Incorporated was founded in 1998 and is headquartered in Menlo Park, California..

MGP Ingredients Inc (NASDAQ:MGPI) - MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starches. The company operates through two segments, Distillery Products and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products, as well as for various industrial processors. This segment also provides distillery co-products, such as distillers feed and corn oil; and warehouse services, including barrel put away, barrel storage, and barrel retrieval services. The Ingredient Solutions segment provides specialty wheat starches for food applications under the trademarks Fibersym Resistant Starch series, FiberRite RW Resistant Starch, Pregel Instant Starch series, and Midsol Cook-up Starch series; and specialty wheat proteins, commodity wheat starch, and commodity wheat proteins. It sells its products directly or through distributors to the manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, Canada, and Japan. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas..

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