GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Top Insider Buys Highlight: Opko Health Inc.

July 17, 2014 | About:
alicet236

alicet236

4 followers

CEO, Chairman, and 10% Owner of OPKO Health Inc (OPK) Phillip Frost bought 46,000 shares at an average price of $8.73. The total transaction amount was $402,180.

OPKO Health Inc. was originally incorporated in Delaware in October 1991 under the name Cytoclonal Pharmaceutics, Inc. OPKO Health Inc has a market cap of $3.57 billion; its shares were traded at around $8.63 with and P/S ratio of 37.60. OPKO Health Inc had an annual average earnings growth of 4.40% over the past 10 years. 

Phillip Frost has successfully founded several pharmaceutical companies and has served as OPKO’s CEO and chairman since March 2007. Prior to joining OPKO, he worked at Continucare Corporation, Northrop Grumman Corp, and Acquisition Corp.

OPKO Health Inc. announced their 2014 first quarter financial results. The company reported revenues of $22.3 million and net loss of $45.1 million.

1405616845227.png

GuruFocus guru George Soros (Trades, Portfolio) increased his position in OPKO Health Inc. He owns 1,494,800 shares. Mario Gabelli (Trades, Portfolio), who owns 15,000 shares, kept his position in the company unchanged or slightly adjusted.

CEO & Chairman, 10% Owner Phillip Frost bought 116,000 shares of OPK stock in July. Vice Chairman & CTO Jane Ph D Hsiao and Executive VP-Administration Steven D Rubin sold 209,300 shares of OPK stock in April and January.


Rating: 0.0/5 (0 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
Email Hide