Top Insider Trades of the Week

Insiders bought more than 18 million shares of Sprint Corp.

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Oct 02, 2015
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The All-In-One Guru Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying/All Insider Selling to “$1,000,000+” and duration to "September 2015."

According to the above filters, the following are the recent buys from company insiders in the past week.


On Sept. 25 and 30, Softbank Group Corp. bought shares of Sprint Corp. (S). It added to its stake with 7,088,914 and 18,648,341 shares with a total cost of $105,501,100. Recently, the company’s spokesman Dave Tovar said “We have begun an effort to significantly take costs out of the business so the transformation of the company will be sustainable for the long-term.” The company is planning to cut an unspecified amount of jobs over the next six months.


On Sept. 28, and 29, Carl Icahn (Trades, Portfolio), a 10% owner of Cheniere Energy Inc. (LNG), bought 2,042,928 and 1,503,313 shares of the company at the price of $47.14 and $48.30 per share. The stock is now trading at $50.

The company has an insider ownership of 5% and an institutional ownership of 87%.

During the last 12 months, the price of the stock has dropped by 34% and is now trading with a P/S ratio of 41.95, 39.26% below its 52-week high and 8.15% above its 52-week low.

The company has a weak profitability with ROE of -7067.81%, operating margin of -119% and net-margin of -235%. Growth ratios are negative; revenue during the last three years have declined by 32% and EPS by 2.10%. Only free cash flow has had a strong increase compared to five years back, with a growth of 72.40%. Financial strength has a rating of 5/10, but cash to debt is very low at 0.10.

Carl Icahn (Trades, Portfolio) is the main guru shareholder of the company with 12.07% of outstanding shares, while Seth Klarman (Trades, Portfolio) is second with 6.50% and Steve Mandel (Trades, Portfolio) with 5.17%.


On Sept. 28, Brian Lee Johnson, director of Midwest Energy Emissions Corp (MEEC), bought 1,500,000 shares of the company at $0.33 per share with a total cost of $495,000. Since then, the stock did not face any change. Two days later on Sept. 30, Steven I Sarowitz, director and 10% owner, sold 1,500,000 shares for a total of $44,625,000.

The company has an insider ownership of 38% and an institutional ownership of 5%.

The company has a weak profitability with ROA of -46.57%, operating margin of -89% and net margin of -127%. ROC is positive at 41.72%. Financial strength has a rating of 4/10 but cash to debt is very low at 0.15.


On Sept. 30, Jeffrey T. Diehl, Steven I. Sarowitz and Adams Street Partners LLC, directors and 10% owners of Paylocity Holding Corp.Ă‚ (PCTY) sold a total of 4,500,000 shares of the company for $133,875,000. Since then, the price of the stock has increased by just 0.1%.

The company has an insider ownership of 48% and an institutional ownership of 51%.

During the last 12 months, the price of the stock has risen by 47% and is now trading with a P/B ratio of 14.04, 22.83% below its 52-week high and 52.72% above its 52-week low.

Chuck Royce (Trades, Portfolio) is the main shareholder of the company with 1.04% of outstanding shares, followed by Paul Tudor Jones (Trades, Portfolio) with 0.17%.


On Sept. 30, Seidler Kutsenda Management, director and 10% owner of Sportsman’s Warehouse Holdings Inc. (SPWH) sold 6,100,000 shares of the company with a total income of $74,725,000.

The company has an insider ownership of 5% and an institutional ownership of 42%.

During the last 12 months, the price of the stock has risen by 59% and is now trading with a P/E ratio of 27.31, 18.38% below its 52-week high and 97.89% above its 52-week low.

Jim Simons (Trades, Portfolio) is the main guru shareholder of the company with 0.32% of outstanding shares, followed by Paul Tudor Jones (Trades, Portfolio) with 0.03%.