Weekly CEO Buys

Insiders invest in Walgreens, American Assets, Heathcare Realty, General Electric, Triumph

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Nov 14, 2016
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According to GuruFocus’ Insider Data, these were the largest CEO buys during the past week. The overall trend of purchases is illustrated in the chart below:

Walgreens Boots Alliance CEO bought 2 million shares

Walgreens Boots Alliance Inc. (WBA, Financial) Executive Vice Chairman, CEO and 10% owner Stefano Pessina bought 2 million shares for $81.41 per share on Nov. 4. The stock price has decreased by 0.44%.

Walgreens operates drugstores in the U.S. It provides consumer goods and services, pharmacy and health and wellness services through drugstores as well as mail and by telephone and online. The company has a market cap of $87.72 billion. its shares traded at $81.05Â as of Nov. 11Â with a price-earnings (P/E) ratio of 21.22.

GAAP operating income in the fourth quarter was $1.1 billion, an increase of 36.4% from the same quarter a year ago.

Director William C. Foote sold 2,067 shares of Walgreens stock for $81.3 per share on Nov. 2. The stock price has decreased by 0.31% since.

American Assets Trust CEO bought 60,000 shares

American Assets Trust Inc. (AAT, Financial) Chairman, CEO, President and 10% owner Ernest S. Rady bought 60,000 shares for $39.55 per share on Nov. 10. The stock price has increased by 1.21%.

American Assets is a full service, vertically integrated and self-administered real estate investment trust. It owns, operates, acquires and develops retail, office, multifamily and mixed-use properties. The company has a market cap of $2.53 billion. Its shares traded at $40.03Â as of Nov. 11Â with a P/E ratio of 57.10.

Net income available to common stockholders of $8.5 million and $23.7 million for the three and nine months ended Sept. 30.

Director Duane Nelles bought 24,000 shares of American Assets stock for $39.46 per share on Nov. 7. The stock price has increased by 1.44% since.

Healthcare Realty Trust CEO bought 68,000 shares

Healthcare Realty Trust Inc. (HR, Financial) Chairman/CEO David R. Emery bought 68,000 shares for $28.84 per share on Nov. 9. The stock price has decreased by 3.02%.

Healthcare Realty is a real estate investment trust that owns, acquires, manages, finances and develops income-producing real estate properties associated with the delivery of outpatient health care services throughout the U.S. The company has a market cap of $3.24 billion. Its shares traded at $27.97Â as of Nov. 11Â with a P/E ratio of 57.32.

The company reported net income of $11.8 million for the third quarter.

General Electric CEO bought 50,000 shares

General Electric Co. (GE, Financial) Chairman and CEO Jeffrey R. Immelt bought 50,000 shares for $29.24 per share on Nov. 9. The stock price has increased by 5.03%.

General Electric is a diversified company with products and services that range from aircraft engines, power generation, oil and gas production equipment, household appliances, medical imaging, business and consumer financing and industrial products. The company has a market cap of $275.2 billion. Its shares traded at $30.71 per share as of Nov. 11Â with a P/E ratio of 26.47.

Total revenue for the third quarter was $29.266 billion compared to $28.028 billion for the prior-year period.

Triumph Group CEO bought 50,000 shares

Triumph Group Inc. (TGI, Financial) President and CEO Daniel J. Crowley bought 50,000 shares for $25.56 per share on Nov. 7. The stock price has increased by 13.26%.

Triumph designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The company has a market cap of $1.43 billon. Its shares traded at $28.95 per share as of Nov. 11Â with a P/E ratio of -1.28.

Net income for the second quarter of fiscal year 2017 was $34.8 million.

Executive Vice President, Integrated Systems Thomas K. Holzthum bought 10,000 shares for $25.5 per share on Nov. 7. The stock price has increased by 0.23%.

Senior Vice President, Human Resources Richard Lovely bought 2,000 shares for $25.13 per share on Nov. 7. The stock price has increased by 1.71%.

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

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

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