Insider Buys Highlight for the Week of Jan. 20

Insiders purchased shares at IHS Markit and WPX Energy

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Jan 21, 2017
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IHS Markit Ltd. (INFO, Financial): Director Robert P. Kelly bought 10,000 shares

Kelly bought 10,000 shares of INFO stock on Jan. 19 at the average price of $38.62 per share. The price of the stock has increased by 0.44% since.

IHS Markit is a British information handling company that provides information and analysis to support the decision making process of businesses and governments. The company provided services in a variety of industries, including aerospace, defense and security, automotive and chemical. The company has a market cap of $16.37 billion, and as of Jan. 20 the company traded at $38.79.

On Jan. 17 IHS Markit reported results for the fourth quarter of fiscal 2016 that ended on Nov. 30. The company had revenue of $874 million, reflecting an organic revenue growth of 1%. The company had a net income of $89 million, diluted EPS of 21 cents and free cash flow of $155 million.

WPX Energy Inc. (WPX, Financial): Director Kelt Kindick bought 10,000 shares

Kindick bought 10,000 shares of WPX stock on Jan. 12 at the average price of $13.35 per share. The price of the stock has increased by 2.7% since.

Director William G. Lowrie bought 5,000 shares of WPX stock on Jan. 12 at the average price of $13.35. The price of the stock has increased by 2.7% since.

WPX Energy Inc. is an American petroleum and natural gas exploration company. WPX Energy has assets primarily in the Williston Basin in North Dakota and the San Juan Basin. The company is ranked number 634 on Fortune 1000 and has 1,040 employees as of 2015. The company has a market cap of $5.43 billion, and as of Jan. 20 it traded at $13.71.

On Jan. 12, WPX Energy announced that it has commenced an underwritten public offering of 42 million shares of its common stock. The company will grant the underwriter a 30-day option to purchase up to an additional 6.3 million shares of common stock. The company intends to use the net proceeds from the offering to finance the acquisition of certain assets of Panther Energy Company and to pay fees and expenses related to potential acquisition of the assets.

Cantel Medical Corp. (CMD, Financial): Director Anthony B. Evnin bought 2,000 shares

Evnin bought 2,000 shares of CMD stock on Jan. 18 at the average price of $76.26 per share. The price of the stock has decreased by 0.01% since.

Cantel Medical Corp. is an American medical company that specializes in the production of medical equipment. The company as four subsidiaries, including Medivators, Crosstex, Mar Cor Purification and Saf-T-Pak. The company has a market cap of $3.18 billion, and as of Jan. 20 it traded at $76.25.

On Jan. 3, Cantel Medical Corp. announced that Dottie Donnelly Brienza has been appointed senior vice president and chief human resources officer effective Jan. 3. Brienza will also serve on the executive leadership team and will be responsible for Cantel’s global HR function, including its people strategy, policies and talent management.

Monmouth Real Estate Investment Corp. (MNR, Financial): Director Matthew I. Hirsch bought 2,841 shares

Hirsch bought 2,841 shares of MNR stock on Jan. 17 at the average price of $14.08 per share. The price of the stock has increased by 6.32% since.

President and CEO Michael P. Landy bought 142 shares of MNR stock on Jan. 17 at the average price of $14.08. The price of the stock has increased by 6.32% since.

Monmouth Real Estate Investment is an American real estate investment trust. It owns and manages industrial buildings subject to long term net leases mainly to investment grade tenants. The company has a market cap of $1.05 billion, and as of Jan. 20 it traded at $14.97.

On Jan. 17 Monmouth Real Estate Investment announced its quarterly cash dividend on the company’s common stock of 16 cents per share payable March 15 to shareholders of record at the close of business on Feb. 15. The company’s annual dividend rate on its common stock is 64 cents per share.

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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