Weekly Top Insider Buys Highlight

The largest buys were Occidental Petroleum, Tailored Brands, Gran Tierra Energy and Winnebago Industries

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Dec 30, 2016
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The largest insider buys of the week were for Occidental Petroleum Corp. (OXY, Financial), Tailored Brands Inc. (TLRD, Financial), Gran Tierra Energy Inc. (GTE, Financial) and Winnebago Industries Inc. (WGO, Financial).

Occidental Petroleum director bought 10,000 shares

Director William R. Klesse bought 10,000 shares of Occidental for an average price of $72.15 on Dec. 23. The stock price has decreased by 1.28% since then.

Director Stephen I. Chazen sold 4,000 shares for an average price of $71.81 on Dec. 29. The price of the stock has decreased by 0.81% since then.

Occidental Petroleum Corp. is an American oil and gas exploration and production company. It is based in Houston but has operations all over the world, including the Middle East and South America. In 2015, it was the 16th-largest gas producer and third-largest oil producer in Texas. The company has a market cap of $54.25 billion and traded at $71.23 on Dec. 30.

Occidental announced its third-quarter 2016 results on Nov.1. The company reported a loss of $241 million or 32 cents per diluted share. This amount included one-time net charges of $129 million. Core results reported a loss of $112 million or 15 cents per diluted share.

Tailored Brands director bought 3,980 shares

Director B. Michael Becker bought 3,980 shares of Tailored Brands for an average price of $26.21 on Dec. 27. The stock price has decreased by 2.52% since then.

Becker also sold 4,030 shares for an average price of $26.18 on Dec. 27. The stock price has decreased by 2.41% since then.

Tailored Brands is an American holding company that operates various men’s apparel retail stores and owns two corporate apparel brands. Some of the company's products include tuxedo rentals, suit pressings and men’s footwear. The company has a market cap of $1.25 billion and traded at $25.55 on Dec. 30.

Tailored Brands announced the appointment of Jack Calandra as executive vice president, chief financial officer and treasurer on Dec. 13. The appointment is effective Jan. 3, 2017. Calandra has extensive experience in the retail industry, with previous leadership experience in strategic planning, corporate finance and accounting.

Gran Tierra Energy vice president bought 24,000 shares

Vice President David Eldon Hardy bought 9,000 shares of Gran Tierra for an average price of $2.84 on Dec. 23. The stock price has increased by 6.34% since then.

Gran Tierra Energy is a Canadian energy company that focuses on oil and gas exploration and production in South America. The company has a market cap of $1.21 billion and traded at $3.02 on Dec. 30.

Gran Tierra Energy Inc. announced that it has closed the public offering of shares of its common stock on Nov. 29. The company sold 43.33 million shares of its common stock at a public offering price of $3 per share, totalling approximately $130 million in aggregate gross proceeds.

Winnebago Industries director bought 3,000 shares

Director William C. Fisher bought 1,000 shares of Winnebago for an average price of $31.3 on Dec. 29. The stock price has increased by 1.12% since then.

Fisher also bought 3,000 shares on Dec. 27 for an average price of $33.8. The stock price has decreased by 6.36% since then.

Winnebago Industries is an American manufacturer of motor homes and RVs. In 2014, the company produced a revenue of $945.2 million and an operating income of $63.9 million. The company has a market cap of $996.59 million and traded at $31.65 on Dec. 30.

Winnebago announced on Dec. 14Â that its board of directors approved a quarterly cash dividend of 10 cents per share payable on Jan. 25, 2017, to common stockholders of record on Jan. 11, 2017.

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.

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