Insiders Roundup: Sales of Facebook

The social network's director sells more than 1.4 million shares

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Mar 25, 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 23, Arnold B. Seimer, 10% owner of Commercial Vehicle Group Inc. (CVGI), bought 643,300 company shares at the price of $2.47 per share. Since then, the price of the stock has risen by 6.1% to $2.62.

The company has an institutional ownership of 66.43% and insider ownership of 21.88%. It is a supplier of cab-related products and systems for the global commercial vehicle market, including the heavy-duty truck market, the construction, military, bus and agriculture markets and the specialty transportation markets.

During the last 12 months, the price of the stock has dropped by 59% and is now trading with a P/E ratio of 10.92. The price is 7.50% below its 52-week high and 29.70% above its 52-week low.

Chuck Royce (Trades, Portfolio) is the largest shareholder among the gurus with 4.73% of outstanding shares followed by Pioneer Investments (Trades, Portfolio) with 1.69% and Arnold Schneider (Trades, Portfolio) with 0.68%.

On March 23, Michael Kharitonov, director of Heat Biologics Inc. (HTBX), bought 900,000 company shares at the price of 75 cents per share. Since then, the price of the stock has dropped by 4.0% to 72 cents.

The company has an insider ownership of 16.09% and an institutional ownership of 25.77%. It is engaged in the development of novel allogeneic, "off the shelf" cellular therapeutic vaccines to combat various cancers and infectious diseases.

During the last 12 months, the price of the stock has dropped by 88% and is now trading with a P/B ratio of 1.49. The price is 91.68% below its 52-week high and 12.50% above its 52-week low.

On March 21, Clearlake Capital Partners IV, 10% owner of Tangoe Inc. (TNGO), bought 1,034,573 company shares at the price of $7.65 per share. Since then, the price of the stock has risen by 1.4% to $7.76.

The company has an insider ownership of 7.91% and an institutional ownership of 88.50%. It provides connection lifecycle management (CLM) software and services to a wide range of enterprises and service providers. CLM covers the entire spectrum of an enterprise's connection-based assets and services.

During the last 12 months, the price of the stock has dropped by 44% and is now trading with a P/B ratio of 1.69. The price is 47.99% below its 52-week high and 45.86% above its 52-week low.

Jim Simons (Trades, Portfolio) is the largest shareholder among the gurus with 0.89% of outstanding shares followed by Royce with 0.7%.

On March 21, Dr. Sol J. Barer, director of InspireMD Inc. (NSPR), bought 847,458 company shares at the price of 59 cents per share. Since then, the price of the stock has dropped by 15.3% to 50 cents.

The company has an insider ownership of 37.39% and institutional ownership of 11.25%. The price is 88.10% below its 52-week high and 28.21% above its 52-week low.

It is a medical device company focusing on the development and commercialization of its proprietary stent platform technology, MGuard. MGuard provides embolic protection in stenting procedures by placing a micron mesh sleeve over a stent.

On March 24, Michael P. Miller and Patricia R. Miller, director and 10% owner of Vera Bradley Inc. (VRA), sold 1 million company shares at the price of $19.29 per share. Since then, the price of the stock has risen by 2.4% to $19.76.

The company has an insider ownership of 14.34% and an institutional ownership of 57.06%. It is engaged in the designing, manufacturing, marketing and retailing of functional accessories for women. In 2010 the company completed its initial public offering.

During the last 12 months, the price of the stock has risen by 23% and is now trading with a P/E ratio of 27.07. The price is 73.93% below its 52-week high and 13.60% above its 52-week low.

The largest shareholder among the gurus is Mariko Gordon (Trades, Portfolio) with 9.39% of outstanding shares followed by Simons with 2.32%, Royce with 0.96%, Barrow, Hanley, Mewhinney & Strauss with 0.73% and Paul Tudor Jones (Trades, Portfolio) with 0.06%.

On March 21, Viavi Solutions Inc., 10% owner of Lumentum Holdings Inc. (LITE), sold 500,000 shares in the company at the price of $25.35 per share. Since then, the price of the stock has risen by 5.4% to $26.73.

The company has an insider ownership of 0.15% and an institutional ownership of 84.82%. It is engaged in providing optical and photonic products addressing end markets, including data communications and telecommunications networking and industrial and commercial lasers, for manufacturing, inspection and life-science applications.

During the last 12 months, the price of the stock has risen by 27% and is now trading with a P/B ratio of 3.65. The price is 1.91% below its 52-week high and 91.34% above its 52-week low.

George Soros (Trades, Portfolio) is the largest shareholder among the gurus with 1.2% of outstanding shares followed by NWQ Managers (Trades, Portfolio) with 0.24%, Joel Greenblatt (Trades, Portfolio) with 0.21% and Ken Fisher (Trades, Portfolio) with 0.19%.

On March 21, Cannell Capital LLC, 10% owner of North American Energy Partners Inc. (NOA), sold 721,096 shares in the company at the price of $1.97 per share. Since then, the price of the stock has not changed.

The company has an institutional ownership of 61.13%. It provides a wide range of mining and heavy construction services to customers in the resource development and industrial construction sectors, primarily within Western Canada.

During the last 12 months, the price of the stock has dropped by 35% and is now trading with a P/E ratio of 0.50. The price is 37.26% below its 52-week high and 41.73% above its 52-week low.

The largest shareholder among the gurus is Simons with 1.1% of outstanding shares followed by Royce with 0.16%.

On March 21, Jan Koum, director of Facebook Inc. (FB), sold 1,434,530 company shares for the price of $111.62 per share. Since then, the price of the stock has risen by 1.3% to $113.05.

The company has an insider ownership of 0.38% and an institutional ownership of 53.99%. It is a social networking website that builds products that create utility for users, developers and advertisers.

During the last 12 months, the price of the stock has risen by 36% and is now trading with a P/E ratio of 88.32 The price is 3.86% below its 52-week high and 57.01% above its 52-week low.

Frank Sands (Trades, Portfolio) is the largest shareholder among the gurus, with 0.84% of outstanding shares followed by Steve Mandel (Trades, Portfolio) with 0.34%, John Griffin (Trades, Portfolio) with 0.11%, Chris Davis (Trades, Portfolio) with 0.09% and Stanley Druckenmiller (Trades, Portfolio) with 0.09%.