Insiders Roundup: Adobe, FedEx

Largest insider trades of the week

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Jan 27, 2017
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The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$200,000+,” the duration to “January 2017” and All Insider Sales to “$5,000,000+.”

According to the above filters, the following are trades from company insiders this week.

Michael G. Van de Ven, director of Comerica Inc. (CMA, Financial), bought 5,000 shares for $69.14 per share on Jan 25. Since then, the stock price has risen 0.6% to $69.58.

The company has an institutional ownership of 82.56% and insider ownership of 2.79%. It is a financial services company that operates in three business segments: the Business Bank, the Retail Bank and Wealth Management.

Over the last 12 months, the stock price has risen 108% and is now trading with a price-book (P/B) ratio of 1.57. The price is 2.28% below its 52-week high and 128.28% above its 52-week low.

Oasis Investments II Master Fund Ltd., 10% owner of Jakks Pacific Inc. (JAKK, Financial), bought 43,143 shares of the company for $5.27 per share on Jan 25. Since then, the stock price has increased by 0.6% to $5.30.

The company has an institutional ownership of 95.68% and insider ownership of 9.42%. It is a toy company engaged in the development, production and marketing of consumer products, including toys and related products, electronic products, pet toys and related products and other consumer products.

Over the last 12 months, the stock price has declined 27% and is now trading with a P/B ratio of 0.71. The price is 45.64% below its 52-week high and 14.47% above its 52-week low.

Daniel H. Isaac Jr., director of Carolina Financial Corp. (CARO, Financial), bought 8,036 shares of the company for $28 per share on Jan 25. Since then, the stock price has risen by 8.0% to $30.24.

The company has an institutional ownership of 28.19% and insider ownership of 12.91%. It offers loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, residential mortgage loans, residential lot loans and home equity loans.

Over the last 12 months, the stock price has risen 84% and is now trading with a P/B ratio of 2.35. The price is 3.82% below its 52-week high and 98.17% above its 52-week low.

Braslyn Ltd., 10% owner of Mirati Therapeutics Inc. (MRTX, Financial), bought 77,533 shares of the company for $5.35 per share on Jan 25. Since then, the stock price has risen by 0.9% to $5.40.

The company has an institutional ownership of 69.74% and insider ownership of 0.40%. It is a biopharmaceutical company that discovers, develops and commercializes novel therapeutics with a focus on cancer and infectious diseases.

Over the last 12 months, the stock price has declined 75% and is now trading with a P/B ratio of 1.64. The price is 78.28% below its 52-week high and 22.73% above its 52-week low.

Most important sales of the week

Richard J. Dugas Jr., director of PulteGroup Inc. (PHM, Financial), sold 341,222 shares of the company for $20.78 per share on Jan 26. Since then, the stock price has risen 1.9% to $21.18.

The company has an institutional ownership of 89.42% and insider ownership of 2.19%. It is engaged in homebuilding. Its business includes the acquisition and development of land for residential purposes within the U.S. It is also engaged in mortgaging banking operations.

Over the last 12 months, the stock price has risen 32% and is now trading with a P/B ratio of 1.53. The price is 5.45% below its 52-week high and 39.25% above its 52-week low.

Keith Block, president, vice chairman and chief operating officer of Salesforce.com Inc. (CRM), sold 150,000 shares of the company for $78 per share on Jan 25. Since then, the stock has not significantly changed.

The company has an institutional ownership of 85.78% and insider ownership of 5.65%. It provides enterprise cloud computing solutions, offering social and mobile cloud apps and platform services, as well as professional services to facilitate the adoption of its solutions.

Over the last 12 months, the stock price has risen 16% and is now trading with a P/B ratio of 7.99. The price is 7.73% below its 52-week high and 48.19% above its 52-week low.

Shantanu Narayen, president and CEO, and Matthew Thompson, executive vice president of worldwide field operations, sold 228,703 shares of Adobe Systems Inc. (ADBE) for $113.74 per share on Jan 25. Since then, the stock price has declined 0.85% to $112.88.

The company has an institutional ownership of 92.21% and insider ownership of 0.35%. It offers a line of software and services used by creative professionals, marketers, developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling operating systems.

Over the last 12 months, the stock price has risen 33% and is now trading with a P/B ratio of 7.54. The price is 1.48% below its 52-week high and 58.38% above its 52-week low.

Robert B. Carter, executive vice president and chief infromation officer of FedEx Corp. (FDX, Financial), sold 34,580 shares of the company for $191.22 per share on Jan 25. Since then, the stock price has risen 0.7% to $192.58.

The company has an institutional ownership of 76.70% and insider ownership of 6.34%. It provides a portfolio of transportation, e-commerce and business services. It operates in four business segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services.

Over the last 12 months, the stock price has risen 50% and is now trading with a P/B ratio of 3.56. The price is the price is 4.46% below its 52-week high and 56.85% above its 52-week low.

Disclosure: I do not own any shares of any stocks mentioned in this article.

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