Insider Buys Highlight for Week of Feb. 6

Insiders bought shares of Walgreens Boots Alliance and Qualcomm

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Feb 12, 2017
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Walgreens Boots Alliance Inc. (WBA, Financial): Co-COO Ornella Barra bought 124,000 shares

Barra bought 124,000 shares of WBA stock on Feb. 7 at the average price of $80.93 per share. The price of the stock has increased by 2.94% since.

Walgreens Boots Alliance is an American holding company that owns Walgreens, Boots and other pharmaceutical manufacturing, wholesale and distribution companies. The company is organized into three divisions: Retail Pharmacy USA, known as Walgreens, Retail Pharmacy International, known as Boots, and Pharmaceutical Wholesale. The company has a market cap of $89.93 billion, and as of Feb. 10 the company traded at $83.31.

On Jan. 31, Walgreens Boots Alliance announced that it has partnered with WPP and selected a team of WPP agencies to operate and develop multiple marketing and communications channels for its retail and wholesale businesses, as well as its health and beauty product brands. The partnership was named Team WBA and will seek to provide services such as digital advertising, media investment management and promotion marketing.

Qualcomm Inc. (QCOM, Financial): EVP and President Cristiano R. Amon bought 18,815 shares

Amon bought 18,815 shares of QCOM stock on Feb. 3 at the average price of $53.13 per share. The price of the stock has increased by 1.64% since.

Qualcomm is an American international semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services. Most of the company’s revenue comes from chip making and patient licensing businesses. The company has a market cap of $79.76 billion, and as of Feb. 10 it traded at $54.00.

On Feb. 3, Qualcomm announced the completion of the joint venture under the name of RF360 Holdings Singapore PTE Ltd. The joint venture will enable Qualcomm Inc.’s RFFE business unit to deliver RF front-end modules and RF filters into fully integrated systems for mobile devices.Â

Mondelez International Inc. (MDLZ, Financial): Director Charles E. Bunch bought 2,000 shares

Bunch bought 2,000 shares of MDLZ stock on Feb. 9 at the average price of $44.95 per share. The price of the stock has increased by 0.09% since.

Mondelez International Inc. is an American international confectionery, food and beverage company that employs around 107,000 people in 165 countries across the world. It consists of the global snack and food brands of the former Kraft Foods Inc. The company’s net revenue in 2015 was approximately $30 billion. The company has a market cap of $69.48 billion, and as of Feb. 10 it traded at $44.99.

On Feb. 2, Mondelez International Inc. announced a regular quarterly dividend of 19 cents per share of Class A common stock. This dividend is payable on April 13 to shareholders of record as of March 31.

Enterprise Products Partners LP (EPD, Financial): Director James T. Hackett bought 33,000 shares

Hackett bought 33,000 shares of EPD stock on Feb. 3 at the average price of $28.65 per share. The price of the stock has increased by 0.14% since.

Enterprise Products Partners LP is an American natural gas and crude oil pipeline company that is a member of the Fortune 500. The company’s products include crude oil, refined products and petrochemicals. The company also transports oil and gas across over 51,000 miles of pipelines across multiple states and through the Gulf of Mexico. The company has a market cap of $60.37 billion, and as of Feb. 10 it traded at $28.69.

On Jan. 30, Enterprise Products Partners LP announced plans to construct a new isobutene dehydrogenation unit in Mont Belvieu, Texas. The unit will be able to produce 425,000 tons of isobutylene per year. The project is expected to be completed in the fourth quarter of 2019.

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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