Weekly Top Insider Buys Highlight for Week of Oct. 14

Top insider buys of the week, including Monsanto, Alnylam Pharmaceuticals, Synergy Resources and Ferrellgas Partners

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Oct 16, 2016
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Largest Insider buys for Monsanto (MON, Financial), Alnylam Pharmaceuticals Inc. (ALNY, Financial), Synergy Resources Corp. (SYRG, Financial) and Ferrellgas Partners LP (FGP, Financial).

Monsanto Co-Director Charles S. McMillan Bought 3,500 Shares

Director of Monsanto Co. Charles S. McMillan bought 3,500 shares on Oct. 10 at a price of $102.11.

Monsanto is a leading American multinational agrochemical and agricultural biotechnology corporation that specializes in producing genetically engineered seeds. The company has a market cap of $44.68 billion. As of Oct. 14, it traded at $102.11.

On Sep. 14, 2016, the German chemical company Bayer announced that it would take over Monsanto as one of the world’s largest agricultural conglomerates. In the month since this merger was announced, both Bayer and Monsanto stocks fell around 4%. As of Oct. 14, Monsanto was trading at $102.11, around 20% below Bayer’s acquisition price.

Director Charles S. McMillan bought 3,500 shares of Monsanto stock on Oct. 10 at the average price of $103.23. The price of the stock has decreased by 1.08% since.

Chief HR Officer Steven Mizell sold 310 shares of Monsanto stock on Oct. 10 at the average price of $103.09. The price of the stock has decreased by 0.95% since.

Alnylam Pharmaceuticals Inc. (ALNY, Financial): Director David E. I. Pyott Bought 27,900 Shares

Director of Alnylam Pharmaceuticals Inc. David E. I. Pyott bought 27,900 shares on Oct. 13 at an average price of $35.32. The price of the stock has decreased by 4.54% since.

Alynlam Pharmaceuticals is a biopharmaceutical company that specializes in developing therapeutics based on RNA interference. The company has a market cap of $3.03 billion and has had an annual average earnings growth of 11% over the past 10 years. As of Oct. 14, the company traded at $35.32

On Oct. 12, ALNY announced that the Data Monitoring Committee has recommended the continuation of the phase III APOLLO study on patisiran without any modification.

Synergy Resources Corp. (SYRG, Financial): Director Daniel E. Kelly Bought 15,000 Shares

Director of Synergy Resources Corp. (SYRG, Financial) Daniel E. Kelly bought 15,000 shares on Oct. 5 at an average price of $7.03.

Synergy Resources Corp. is a domestic oil and natural gas exploration and production company and operates in the area of the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas and Nebraska. Synergy Resources Corp. has a market cap of $1.41 billion

SYRG has risen about 0.7% in the last three months. The small gain in the stock coincides with a 78.4% rise in its short interest-to-equity float ratio. Its cash and cash equivalents totaled $133.9 million. As of Oct. 14, it traded at $7.03.

CEO Lynn A. Peterson bought 49,071 shares of SYRG stock on Oct. 6 at the average price of $6. The price of the stock has increased by 17.17% since.

CFO James P. Henderson bought 50,000 shares of SYRG stock on Sept. 20 at the average price of $5.95. The price of the stock has increased by 18.15% since.

Director Daniel E. Kelly bought 15,000 shares of SYRG stock on Oct. 5 at the average price of $6.49. The price of the stock has increased by 8.32% since.

COO-Operations Michael Eberhard bought 15,000 shares of SYRG stock on Sept. 20 at the average price of $6.11. The price of the stock has increased by 15.06% since.

Vice President Cathleen M. Osborn bought 2,000 shares of SYRG stock on Sept. 20 at the average price of $6.01. The price of the stock has increased by 16.97% since.

Ferrellgas Partners LP (FGP, Financial): Director Stephen M. Clifford Bought 4,000 Shares

Director of Ferrellgas Partners LP (FGP, Financial) Stephen M. Clifford bought 4,000 shares on Oct. 6 at an average price of $10.48.

Ferrellgas Partners LP is an American supplier of propane, with corporate operations in the Kansas City suburbs of Liberty, Missouri and Overland Park, Kansas. Ferrellgas Partners LP has a market cap of $1.02 billion

On Oct. 14, Lundin Law PC announced a securities class action lawsuit against Ferrellgas Partners LP and encouraged investors with losses to contact the firm. As of Oct. 14, it traded at $10.48

Director Stephen M. Clifford bought 4,000 shares of FGP stock on Oct. 6 at the average price of $10.84. The price of the stock has decreased by 3.32% since.

Director David L. Starling bought 10,300 shares of FGP stock on Oct. 4 at the average price of $9.50. The price of the stock has increased by 10.32% since.

For the complete list of stocks bought by company CEOs, go to: CEO Buys.

Disclosure: I do not own stock in any of the companies mentioned in the article.