10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Group Selling for Coca-Cola Highlights American Insider Trades This Week

Monica Wolfe

Monica Wolfe

133 followers
This week in American insider trading we saw an increase in buying amongst insiders in the petroleum and oil industries. This also mirrors the increase in insider transactions we saw in the oil and natural gas industries in the Canadian stock market. In the highlighted insider sells there was an increase in groups of insiders making sells in large corporations such as Coca-Cola and Tractor Supply.



Notable Insider Buys

1. Callon Petroleum (CPE)

Callon Petroleum reported four insider buys this week. These insiders added a total of 57,868 shares at an average price of $3.55.

Executive Vice President and CFO Bobby Weatherly added 11,019 shares at $3.63 per share. This transaction cost him $39,999. He now holds at least 51,658 shares of Callon.

Senior Vice President of Operations Gary Newberry bought 27,300 shares at $3.65 each. The transaction amount equaled $99,645.

President, Chairman and CEO Fred Callon added 14,286 shares to his stake at an average price of $3.50. This transaction cost him $50,001.

Lastly, Senior Vice President of Corporate Finance Joseph Gatto bought 5,263 shares for $3.42 per share. This buy cost him $17,999.



Callon Petroleum is an independent oil and natural gas company which focuses on building reserves and production both onshore and offshore.

Market Cap: 142.34 M P/E: 56.5 Shiller P/E: n/a
P/B: 0.76 P/S: 1.42 EV/EBITDA: 4.74
52 Week Low: 3.28 52 Week High: 6.55 Average Volume: 522,441


According to the GuruFocus analysis of Callon Petroleum, the company’s revenue has been in decline for the past five years.

Guru Paul Tudor Jones holds 20,700 shares and Jim Simons holds 492,600 shares of Callon Petroleum.

With its shares down 2.56%, Callon Petroleum trades at $3.80.

2. Exa Corporation (EXA)

As Exa has fallen rather quickly to its 52-week low, four corporate executives demonstrated their faith in the company by buying 25,000 shares of Exa.

Director John Paduska bought 6,000 shares at a price of $7.55 per share. His transaction cost $45,300.

Director Stephen Sarno bought 5,000 shares at $7.50 per share. This transaction cost him $37,500.

COO and CFO Edmond Furlong added 10,000 shares at an average price of $7.55. This buy cost Furlong $75,500.

Lastly, John Smith Jr. bought 4,000 shares at $8.10 per share. This transaction cost him $32,400.



These insider buys come as the company hits a 52-week low as well as the lowest price the company’s been at since its incorporation.

Exa Corp. develops sell and support simulation software and services that vehicle manufacturers use to enhance the performance of their vehicles. The company is currently focused on the ground transportation market.

Market Cap: 101 M P/E: 40.3 Shiller P/E: n/a
P/B: 2.95 P/S: 1.33 EV/EBITDA: 31.84
52 Week Low: 7.25 52 Week High: 13.40 Average Volume: 36,660


In January, Columbia Wanger became a 10.8% owner of Exa Corp. Columbia Wanger holds 1,444,080 shares of Exa.

With its shares down 0.94%, Exa trades at $7.66.

3. Oiltanking Partners (OILT)

Oiltanking Partners reported three insider buys this week. These buys come as the company’s price is close to a 2-year high of $51.40.

Two directors of the company added 603 shares at an average price of $48.51. The total price of these transactions equaled $29,271.

President, Director and CEO Anne-Marie Ainsworth bought 1,000 shares at a price of $47.13. This transaction cost her $47,130.



Oiltanking has demonstrated a strong history of insider buys. The current price of the company is sitting near a 2-year high.

Oiltanking Partners engages in the terminalling, storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas. The company’s assets are located along the Gulf of Mexico in Houston and Beaumont.

Jim Simons holds 23,100 shares of OILT.

With its shares down 1.36%, Oiltanking trades at $49.26.

Notable Insider Sells

1. Google (GOOG)

Google CEO and 10% owner, Lawrence Page, made two different insider sells this week.

On April 8, Page sold 20,833 shares at a price of $772.27 per share. This first transaction brought in $16,088,700 for Page.

On April 9, Page sold another 20,833 shares of Google at an average price of $780. This sell raked in $16,249,700 for the CEO.



According to the graph above and the complete list of insider trades for Google, CEO Lawrence Page reduces his stake in the company several times every month.

The company does not seem to be feeling the pressure from Facebook (FB) as the price of Google is creeping closer to a 10-year high of $831.52.

According to the GuruFocus analysis of Google, the company has issued $5.5 billion in debt over the past three years. The company currently has enough cash flow to cover all of its debt.

Market Cap: 258.38 B P/E: 23.4 Shiller P/E: 32.2
P/B: 3.6 P/S: 5.1 EV/EBITDA: 11.32
52 Week Low: 556.52 52 Week High: 831.52 Average Volume: 2.18 M


To view the complete list of gurus who hold stake in Google, click here.

With its shares down 0.5%, Google trades at $786.41.

2. Tractor Supply (TSCO)

This week Tractor Supply reported three insider sells coming from three of the company’s management team. The corporate executives sold a total of 143,161 shares of company stock at an average price of $107.50.

Most notably, Chairman and CEO James Wright sold a total of 119,000 shares at $107.50 per share. Wright raked in $12,792,500 in this sell. He still holds on to at least 362,986 shares of TSCO.

These insiders sold as the price of the company is sitting at its 10-year high in price.



According to the GuruFocus analysis of the company, Tractor Supply has a stable financial situation. The company has shown predictable revenue and earnings growth as well as expansion in its operating margin.

Tractor Supply operates retail stores under the name Tractor Supply Company and Del’s Farm Supply. The company supplies products to farmers and ranchers. The company currently operates over 1,100 stores in 44 states.

Market Cap: 7.52 B P/E: 28 Shiller P/E: 46.4
P/B: 7.34 P/S: 1.6961 EV/EBITDA: 11.54
52 Week Low: 75.46 52 Week High: 108.72 Average Volume: 687,991


There are seven gurus that hold stake in Tractor Supply. To see a list of these gurus and the shares they hold, click here.

With its shares down 1.55%, Tractor supply trades at $107.04.

3. Coca-Cola (KO)

Coca-Cola reported two significant insider sells on April 9.

Executive Vice President Alexander Cummings sold 201,482 shares at $41 per share. Cummings made $8,260,762. He still holds on to over 300,000 shares.

Executive Vice President and CFO Gary Fayard sold 224,000 shares at $41 per share. Fayard made $9,184,000 in this transaction. He still holds over 545,000 shares of Coca-Cola.



According to the GuruFocus analysis the revenue growth of KO has slowed down in the past year. Also, the stock dividend yield is close to a five-year low of 2.33%.

The beverage company owns, licenses and markets over 500 non-alcoholic brands worldwide including four of the world’s top five selling non-alcoholic sparkling beverages: Coca-Cola, Diet Coke, Sprite and Fanta.

Market Cap: 7.52 B P/E: 28 Shiller P/E: 46.4
P/B: 7.34 P/S: 1.6961 EV/EBITDA: 11.54
52 Week Low: 75.46 52 Week High: 108.72 Average Volume: 687,991


To view the complete list of gurus that hold a stake in Coca-Cola, click here.

With its shares down 0.66%, KO trades at $40.91.

Note: These are only a few of the significant insider transactions from the past week. To view the complete list of insider transactions for the week, 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.

» Take a Free Trial of Premium Membership


Rating: 3.9/5 (9 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK