This week has already seen some significant insider transactions from companies with big names. Interestingly, all of these transactions come from large corporations involved in the retail industry.
1. Dollar General (DG)
Dollar General reported a significant insider buy on April 2. Director Sandra Cochran bought 1,960 shares at $50.61 per share. The total transaction amount was $99,195.60. Cochran’s buy marks the first insider buy since October 2012.
Dollar General has a GuruFocus business predictability of 2.5 stars. The GuruFocus analysis states that the DG price is close to a five-year high price of $54.59. The margin is showing positive signs of margin expansion. The per share revenue has also shown consistent growth.
On March 27, the company announced the pricing of a 30 million share secondary offering of $50.75 per share.
Dollar General is a retailer that sells products such as food, health and beauty aids, cleaning supplies and seasonal items. As of Feb. 1, 2013, Dollar General had more locations than any other retailer in the U.S.
There are 15 gurus with a stake in DG. To see the complete list of these gurus and the shares they hold, click here.
With its shares down 0.48%, Dollar General trades at $50.30.
To view Dollar General’s insider trade history, click here.
2. Kohl’s Corporation (KSS)
Koh’s reported an insider buy on April 2.
Director Stephanie Streeter bought 2,500 shares of Kohl’s stock at an average price of $45.38. Her total transaction amount equaled $113,450. Streeter’s buy marked the first insider buy since March 2011.
Kohl’s Corp has a GuruFocus predictability rate of 4.5 stars. The GuruFocus analysis of Kohl’s states that the company displays predictable revenue and earnings growth as well as an operating margin expansion. The price of Kohl’s stock is close to a 3-year low of $42.02.
Kohl’s is an American department store chain headquartered in Menomonee Falls, Wisc. Kohl’s is the fourth largest U.S. department store by sales. Kohl’s offers brand-name goods such as apparel, shoes, accessories, and kitchen electrics.
There are 19 gurus that hold shares in Kohl’s. To see the complete list of these gurus and their shares, click here.
With its shares up 1.41%, Kohl’s trades at $46.35.
3. Nike (NKE)
On April 2, Nike President and CEO Mark Parker made a large insider sell. Parker sold 40,000 shares at $59.01 per share. The transaction raked in a total of $2,360,400 for Parker.
The price of Nike is constantly rising so more insiders are selling than they are buying. The last insider buy, coming in June 2007, has already seen substantial growth.
Nike has a GuruFocus business predictability ranking of 4.5 stars. The GuruFocus analysis of the company states that the dividend yield is close to a five-year low of 1.2%. The price of Nike is close to a 10-year high price of $59.53. The company has enough cash to cover all of its debt and the company also shows predictable revenue and earnings growth.
Nike is the world’s largest producer, distributor and retailer of athletic footwear, apparel, equipment and accessories. Nike Inc. is also in charge of affiliate brands: Converse, Hurley, Jordan Brand and Nike Golf.
There are 15 gurus that hold stake in Nike. To see the complete list of these gurus and the shares they hold, click here.
With its shares down 0.15%, Nike trades at $58.81.
For a complete list of insider trades at Nike look at the company’s insider trade history page.
4. Children’s Place Retail Stores (PLCE)
On April 1, President and CEO Jane Elfers sold 12,645 shares of her company’s stock. The shares traded for $44.73 per share and Elfers made $565,610 on this transaction. Elfers still holds on to 409,869 shares of the company’s stock.
Children’s Place is a specialty retailer of children’s clothing and accessories. The clothing fits children from birth to 14 years old. The company operates approximately 920 retail stores worldwide.
The GuruFocus analysis of Children’s Place reports four good signs. The Children’s Place has no debt, their price is close to a 1-year low of $43.88, The P/B Ratio is close to a 3-year low of 1.67, and the company’s P/S Ratio is close to a 3-year low of 0.6.
The Children’s Place Retail Stores will be presenting at the Telsey Advisory Spring Conference on Tuesday, April 9, at 10:55 am.
There are five gurus with stake in The Children’s Place. To see the complete list of these gurus and the stake they hold, click here.
With its shares up 2.17%, PLCE trades at $46.13.
To see the complete list of insider trades within The Children’s Place, click here.
5. Pier 1 Imports (PIR)
Pier 1 Imports reported to large insider sells on April 1.
President and CEO Alex Smith sold 60,000 shares of company stock at an average price of $22.49 per share. The transaction brought in $1,349,400 for Smith. Since this sell the price of the stock has decreased 1.2%.
Executive Vice President and CFO Charles Turner sold 13,000 shares at $22.84 per share. This transaction raked in $296,920 for Turner. Since this sell, the share price has decreased 2.71%.
As the company’s price is currently on the rise, there has been an increase in insider selling.
Pier 1 Imports is a global importer and retailer of home goods. The company imports home furnishings from across the world and sells them in North America. The company sells a wide variety of decorative accessories, furniture, bed and bath products, candles and other seasonal products.
The GuruFocus analysis notes that the company’s price is close to a five-year high of $23.03, the company has enough cash to cover all of its debt, and that its dividend yield is close to a five-year high of 0.64%.
Mario Gabelli, Chuck Royce and Columbia Wanger hold stake in Pier 1 Imports. To see the complete list of guru trades of Pier 1, click here.
With its shares down 3.16%, Pier 1 Imports trades at $21.46.
Note: These are only a few of the insider transactions that have happened this week. To see a complete list of insider buys and sells, click here.
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
- Double Buys:: Companies that both Gurus and Insiders are buying
- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.