Insider Buys Highlight for Week of Jan. 27

Insiders purchase shares of Comerica and Univar

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Jan 28, 2017
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Comerica Inc. (CMA, Financial): Director Michael G. Van de Ven bought 5,000 shares

Van de Ven bought 5,000 shares of CMA stock on Jan. 25 at the average price of $69.14 per share. The price of the stock has decreased by 0.04% since.

EVP and Chief Accounting Officer Muneera S. Carr sold 1,368 shares of CMA stock on Jan. 25 at the average price of $69.13 per share. The price of the stock has decreased by 0.03% since.

Comerica Inc. is an American international financial services company that has retail banking operations across multiple states, including Texas, Michigan, Arizona, California and Florida. The company also has business operations in Canada and Mexico. The company has a market cap of $12.03 billion, and as of Jan. 27 the company traded at $69.11.

On Jan. 24 Comerica declared a quarterly cash dividend for common stock of 23 cents per share. The dividend is payable on April 1 to common stock shareholders of record on March 15.

Univar Inc. (UNVR, Financial): Director Edward J. Mooney bought 3,500 shares

Mooney bought 3,500 shares of UNVR stock on Jan. 20 at the average price of $29.35 per share. The price of the stock has increased by 3.78% since.

Univar Inc. is an American chemical distribution company that employs over 9,000 individuals. The company is focused on industries that are population based, such as food, pharmaceuticals and personal care. The company has a market cap of $4.19 billion, and as of Jan. 27 it traded at $30.46.

On Jan. 20, Univar Inc. announced that it has entered into an Amended Credit Agreement with Bank of America and other lenders to provide a new Term B-2 loan facility in an aggregate principal amount of $2.2 billion. This will replace the company’s previous Term Loan B and $175.6 million of outstanding loans.

MISTRAS Group Inc. (MG, Financial): Director Nicholas Debenedictis bought 5,000 shares

Debenedictis bought 5,000 shares of MG stock on Jan. 19 at the average price of $22.64 per share. The price of the stock has increased by 2.83% since.

MISTRAS Group Inc. is an American international provider of technology enabled asset protection solutions used to evaluate the structural integrity of critical energy and industrial and public infrastructure. The company operates through three segments: services, products and systems and international. The services segment provides asset protection primarily in the U.S. The company has a market cap of $662.970 million, and as of Jan. 27 it traded at $23.28.

On Jan. 4, Cantel MISTRAS Group reported financial results for the second quarter and first six months of its fiscal year 2017, which ended on Nov. 30, 2016. Revenues for the second quarter of fiscal 2017 declined by 9% when compared with the previous year. Revenues for the first half of fiscal 2017 declined by 8% compared with the previous year.

Carolina Financial Corp. (CARO, Financial): Director Daniel H. Isaac Jr. bought 8,036 shares

Isaac bought 8,036 shares of CARO stock on Jan. 25 at the average price of $28 per share. The price of the stock has increased by 7.39% since.

Director Claudius E. Watts bought 5,000 shares of CARO stock on Jan. 25 at the average price of $28 per share. The price of the stock has increased by 7.39% since.

Carolina Financial is an American financial services company that is the parent holding company of CresCom Bank and Crescent Mortgage Company. The company lends in 46 states and is partners with 2,000 community banks, credit unions and mortgage brokers. The company has a market cap of $431.130 million, and as of Jan. 27 it traded at $30.07.

On Jan. 25 Carolina Financial announced closing of an underwritten public offering of more than 1,800,000 shares of its common stock at a price to the public of $28.00 per share. The net proceeds of the company after deducting discounts and commissions and other estimated expenses are approximately $47.7 million.

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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