Salesforce.com Inc. (CRM, Financial): Director Susan Wojcicki bought 1,353 shares
Wojcicki bought 1,353 shares of CRM stock on Jan. 9 at the average price of $73.86 per share. The price of the stock has increased by 2.41% since.
Chairman of the board and CEO Marc Benioff sold 10,000 shares of CRM stock on Jan. 11 at the average price of $75.54 per share. The price of the stock has increased by 0.13% since.
Salesforce.com is an American-based company that specializes in cloud computing. It is headquartered in San Francisco. Most of its revenue comes from customer relationship management products. However, Salesforce also utilizes commercial applications of social networking through acquisition to gain additional revenue. The company has a market cap of $52.7 billion, and as of Jan. 13 the company traded at $75.64.
Salesforce has gone through a very rough fiscal year, with stocks dropping 10% during 2016 amid concerns about slowing sales growth and questionable earnings growth. Furthermore, as cloud computing as an industry grows as a whole, Salesforce will face more and more competition.
Energy Transfer Partners LP (ETP, Financial): Director David K. Skidmore bought 3,129 shares
Skidmore bought 3,129 shares of ETP stock on Jan. 11 at the average price of $35.65 per share. The price of the stock has increased by 1.32% since.
Energy Transfer Partners LP is an American natural gas and propane company that is headquartered in Dallas, Texas. It is the parent company of Dakota Access, the company that was developing the controversial Dakota Access Pipeline. As of 2016, the company employed 9,466 people. The company has a market cap of $26.26 billion, and as of Jan. 13 it traded at $36.12.
On Jan. 11, Energy Transfer Partners announced the pricing of $600 million aggregate principal amount of its 4.2% senior notes due 2027 at a price to the public of 99.78% of its face value. Furthermore, the company announced the pricing of $900 million aggregate principal amount of its 5.3% senior notes due 2047, at a price to the public of 99.48% of its face value.
NiSource Inc. (NI, Financial): Director Michael E. Jesanis bought 12,000 shares
Jesanis bought 12,000 shares of NI stock on Jan. 9 at the average price of $22.53 per share. The price of the stock has decreased by 2.53% since.
NiSource Inc. is an American utility company that serves approximately 3.5 million natural gas customers and 500,000 electric customers across seven states. As of 2016, the company employs 7,000 individuals. The company has a market cap of $7.09 billion, and as of Jan. 13 it traded at $21.96.
On Jan. 10, Accelerate Diagnostics Inc. announced that it will host a conference call on Feb. 22 to review its year-end and fourth quarter 2016 financial results. This conference call is to provide a general business update in preparation for the opening of U.S. financial markets on Feb. 22.
Lions Gate Entertainment Corp (LGF.B, Financial): Director Gordon Crawford bought 35,000 shares
Crawford bought 35,000 shares on Jan. 12 at an average price of $26.45 per share.
Lions Gate Entertainment Corp. is an American international entertainment and media company. The company owns the well-known Lionsgate Films, which generated the seventh-highest gross revenue in North America in 2015. The company also owns other divisions such as Lionsgate Television and Lionsgate Interactive. The company has a market cap of $5.68 billion, and as of Jan. 13 it traded at $26.36.
On Dec. 12, 2016, Lions Gate Entertainment Corp. earned 17 Golden Globe nominations, including Best Motion Picture in the Musical or Comedy category for Damien Chazelle’s "La La Land." Furthermore, Lionsgate’s "Hacksaw Ridge" received three nominations, including Best Motion Picture in the Drama category.
For the complete list of stocks that were bought by their company executives, go to: Insider Trades.
Disclosure: I do not own stock in any of the companies mentioned in the article.
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