Insiders Roundup: Mastercard, ChemoCentryx

Largest insider trades of the week

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Jul 17, 2020
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The GuruFocus All-in-One Screener can be used to find insider trades from a specific period of time or for a certain range of values. For these stock picks, I went under the Insiders tab and changed the settings for All Insider Buying to “$2,000,000+,” the duration to “July 2020” and All Insider Sales to “$2,000,000+.”

According to these filters, the following are this past week's most significant trades from company insiders.

Nkarta

James E. Flynn, director and 10% owner Glaxosmithkline PLC (GSK) and 10% owners Novo Holdings A/S and RA Capital Management, L.P. bought 5.7 million shares of NKarta Inc. (NKTX) for an average price of $18 per share on July 14.

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The biotechnology company has a market cap of $1.18 billion and an enterprise value of $1.09 billion.

The stock started to trade on July 16, and since than it hit a high price of $37.23 and a low price of $35.25.

WESCO International

Green Equity Investors VII, L., 10% owner of WESCO International Inc. (WCC), bought 962,805 shares for an average price of $35.78 per share on July 14.

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The industrial distributor has a market cap of $2.10 billion and an enterprise value of $3.54 billion. It has insider ownership of 4.47% and institutional ownership of 64.46%.

Over the past 12 months, the stock has lost 16.93%. As of Friday, it was trading 31.65% below its 52-week high and 210.10% above its 52-week low.

Poseida

Directors Marcea Bland Lloyd and David Hirsch, together with director and 10% owner Sean Murphy, bought a combined 270,000 shares of Poseida Therapeutics Inc. (PSTX) for an average price of $16 per share on July 14.

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The credit card manager has a market cap of $958 million and an enterprise value of $910 million.

Mastercard

Mastercard Foundation, 10% owner of Mastercard Inc. (MA), sold a combined 412,020 shares on July 13 and 16 for an average price of $297 per share.

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The payment processor has a market cap of $300 billion and an enterprise value of $302 billion. It has insider ownership of 0.15% and institutional ownership of 54.55%.

Over the past 12 months, the stock has increased 8.22%. As of Friday, shares were trading 13.79% below the 52-week high and 49.68% above the 52-week low.

Salesforce.com

Marc Benioff, chair of the board and CEO of Salesforce.com Inc. (CRM), sold 30,000 shares for an average price of $186.71 per share on July 15 and 16.

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The provider of cloud computing solutions has a market cap of $167 billion. It has insider ownership of 3.99% and institutional ownership of 64.19%.

Over the past 12 months, the stock has gained 18%. As of Friday, shares were trading 8.53% below the 52-week high and 60.91% above the 52-week low.

ChemoCentryx

Vifor (International) Ltd, 10% owner of ChemoCentryx Inc. (CCXI), sold a combined 505,642 shares for an average price of $58.17 per share on July 13 and 16.

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The biopharmaceutical company has a market cap of $3.81 billion and an enterprise value of $3.65 billion. It has insider ownership of 4.61% and institutional ownership of 49.26%.

Over the past 12 months, the stock has climbed 578%. As of Friday, shares were trading 14.23% below the 52-week high and 811% above the 52-week low.

Disclosure: I do not own any stocks mentioned.

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