According to GuruFocus’ Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:
OPKO Health CEO bought 45,000 shares
CEO, Chairman and 10% owner of OPKO Health Inc. (OPK, Financial) Phillip Frost bought 45,000 shares during the past week at a price of $9.25 per share.
OPKO is a biopharmaceutical and diagnostics company. It is engaged in the research and development of pharmaceutical products and vaccines. The company has a market cap of $5.23 billion. As of Jan. 6 its shares traded at a price of $9.38 per share with a price-earnings (P/E) ratio of 39.25.
Consolidated revenues for the three months ended Sept. 30, 2016 increased to $298.0 million from $143.0 million for the comparable period 2015. The 2016 period includes revenue from BioReference, acquired in August 2015.
CEO, Chairman, and 10% owner Phillip Frost bought 25,000 shares of OPKO on Dec. 30, 2016 at a price of $9.42 per share. Frost also bought 20,000 shares of OPKO on Jan. 3 at a price of $9.04 per share. The stock price has increased by 3.76% since.
Executive VP-Administration Steven D. Rubin bought 2,000 shares of OPKO stock on Dec. 30, 2016 at a price of $9.18 per share. The stock price has increased by 2.18% since.
Guess? CEO bought 2,724 shares
CEO and Director of Guess? Inc. (GES, Financial) Amigo Victor Herrero bought 2,724 shares on Jan. 3 at a price of $12.25 per share. The stock price has decreased by 2.12% since.
Guess designs, markets, distributes and licenses a lifestyle collection of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. The company has a market cap of $1.01 billion. As of Jan. 6 its shares traded at $11.99 per share with a P/E ratio of 15.10.
Net earnings for the third quarter were $9.1 million, a 26.8% decrease from $12.4 million for the third quarter of fiscal 2016.
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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