Insiders Roundup: Theravance Biopharma, Western Gas, Upland Software

Insiders buying the biggest bundles of their companies' stock

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Mar 18, 2016
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The All-in-One Screener can be used to find insider buys and sells over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "March 2016."

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

On March 14, GlaxoSmithKline PLC (GSK, Financial), a 10% owner of Theravance Biopharma Inc. (TBPH), bought 1,301,015 shares of the company that has an insider ownership of 0.59% and institutional ownership of 73.40%.

The company has ROE of -69.97% and ROA of -60.35%.

The company’s leading shareholder among the gurus is Seth Klarman (Trades, Portfolio) who holds 16.71% of outstanding shares, followed by Chuck Royce (Trades, Portfolio) with 1.06% and Joel Greenblatt (Trades, Portfolio) with 0.18%.

On March 14, Anadarko Petroleum Corp. (APC), a 10% owner of Western Gas Partners LP (WES), bought 2,089,602 shares of the company at $29.91 per share. Since then, thestock has risen by 44.8% to $43.30.

The company has insider ownership of 0.5% and institutional ownership of 42%.

Western Gas Partners is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil for Anadarko Petroleum and its consolidated subsidiaries.

During the last 12 months, the price of the stock has dropped by 33% and is now trading with a forward P/E ratio of 19.31. The price is 41.72% below its 52-week high and 70.47% above its 52-week low.

Jim Simons (Trades, Portfolio) is the only shareholder among the gurus, with a stake of 194,300 shares that is 0.14% of outstanding sharesy.

On March 15, ESW Capital, a 10% owner of Upland Software Inc. (UPLD), bought 1,020,954 shares in the company at 13 cents per share. Since then, the price of the stock has risen to $6.89.

The company has insider ownership of 14% and institutional ownership of 41%.

Upland Software is a provider of cloud-based enterprise work management software. It provides a family of cloud-based enterprise work management software applications for the information technology, marketing, finance, professional services and process excellence functions within organizations.

During the last 12 months, the price of the stock has dropped by 8% and is now trading with a forward P/E ratio of 31.75. The price is 29.12% below its 52-week high and 16.98% above its 52-week low.

Jim Simons (Trades, Portfolio) is the only shareholder among the gurus, with a stake of 50,393 shares that is 0.32% of outstanding shares.

On March 15, three insiders bought a total of 3.63 million shares of Cocrystal Pharma Inc. (COCP), at 51 cents per share. Since then, the price of the stock has risen by 13.7% to 58 cents.

The company has insider ownership of 44% and institutional ownership of 0.03%.

Cocrystal Pharma develops and manufactures over-the-counter drug products and cosmetic and beauty products on behalf of third parties. It also markets proprietary skin care products under the brand names of Glyderm and Baker Cummins.

During the last 12 months, the price of the stock has dropped by 42% and is now trading with a P/B ratio of 2.37. The price is 61.56% below its 52-week high and 29.27% above its 52-week low.

On March 16, Baker Felix, a director and 10% owner of Seattle Genetics Inc. (SGEN), bought 1,349,237 shares of the company at $32.10 per share. Since then the price of the stock has risen by 5.9% to $33.98.

Seattle Genetics is a biotechnology company focused on the development and commercialization of monoclonal antibody-based therapies for cancer.

It has insider ownership of 1.3% and institutional ownership of 93%.

During the last 12 months, the price of the stock has dropped by 13% and is now trading with a P/B ratio of 6.89. The price is 35.10% below its 52-week high and 30.51% above its 52-week low.

PRIMECAP Management (Trades, Portfolio) is the main shareholder among the gurus with a stake of 12,882,175 shares, followed by Columbia Wanger (Trades, Portfolio) with 1.16% of outstanding shares and Manning & Napier Advisors with 0.26%.