Weekly CEO Buys Highlights

Insiders purchase shares of Calavo Growers, American Assets, Occidental, WisdomTree and Brink's

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Mar 20, 2017
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According to GuruFocus’ Insider Data, these are the largest CEO buys during the past week. The overall trend of purchases is illustrated in the chart below:

Calavo Growers CEO bought 95,000 shares

Calavo Growers Inc. (CVGW, Financial) Chairman of the Board and CEO Lecil E. Cole bought 95,000 shares for $56.42 per share on March 13. The stock price has increased by 3.33% since.

Calavo Growers is in the avocado industry and an expanding provider of value-added fresh food. It sells avocados to a group of supermarket chains, wholesalers, food service and other distributors under brand labels as well as private labels. The company has a market cap of $1.02 billion. Its shares traded at $58.30Â as of March 17Â with a price-earnings (P/E) ratio of 27.63.

Net income totaled $5.2 million for the three months ended Jan. 31.

Vice President - Fresh Operations Michael A. Browne bought 2,000 shares for $55.5 per share on March 9. The stock price has increased by 5.05% since.

American Assets Trust CEO bought 24,434 shares

American Assets Trust Inc. (AAT, Financial) Chairman, CEO, President and 10% owner Ernest S. Rady bought 24,434 shares for $41.21 per share on March 10. The stock price has increased by 2.72% since.

Rady bought 19,970 shares of American Assets stock for $43.1 per share on March 2; 13,060 shares for $42.98 per share on March 3; 26,060 shares for $42.6 per share on March 7; and 16,623 shares for $41.77 per share on March 8. The stock price has increased by 1.34%.

American Assets is a full service, vertically integrated and self-administered real estate investment trust. It owns, operates, acquires and develops retail, office, multifamily and mixed-use properties. The company has a market cap of $2.72 billion. Its shares traded at $42.33Â as of March 17Â with a P/E ratio of 58.87.

Net income available to common stockholders was $8.9 million for the three months ended Dec. 31, 2016.

Occidental Petroleum CEO bought 15,000 shares

Occidental Petroleum Corp. (OXY, Financial) President and CEO Vicki A. Hollub bought 15,000 shares for $62.72 per share on March 13. The stock price has increased by 2.18% since.

Occidental is a multinational organization whose subsidiaries and affiliates operate in the oil and gas, chemical and midstream, marketing and other segments. The company has a market cap of $48.98 billion. Its shares traded at $64.09 per share as of March 17 with a P/E ratio of -85.23.

The company reported a loss of $272 million for the fourth quarter of 2016.

Director Stephen I. Chazen sold 4,000 shares for $66.26 per share on Feb. 23; 4,000 shares for $65.49 per share on March 2; 4,000 shares for $62.97 per share on March 9; and 4,000 shares for $63.27 per share on March 16. The stock price has increased by 1.3% since.

WisdomTree Investments CEO bought 97,971 shares

WisdomTree Investments Inc. (WETF, Financial) CEO Jonathan L. Steinberg bought 97,971 shares for $9.14 per share on March 16. The stock price has decreased by 1.09% since.

WisdomTree, through its subsidiaries, operates as an ETF sponsor and asset manager. It offers equity ETFs, international hedged equity ETFs, currency ETFs and fixed income ETFs. The company has a market cap of $1.21 billion. As of March 17 its shares traded at $9.04 with a P/E ratio of 47.58.

Net income for the fourth quarter of 2016 was $2.5 million.

The Brink's CEO bought 7,729 shares

The Brink'sCo. (BCO, Financial) President and CEO Douglas A. Pertz bought 7,729 shares for $52.30 per share on March 15.

Pertz bought 30,000 shares on March 6 for $51.95 per share; 12,271 shares for $52 per share on March 9; and 7,729 shares at a price of $52.3 on March 15. The stock price has increased by 0.86% since.

Brink's, along with its subsidiaries, provides secure transportation, cash management services and other security-related services to banks and financial institutions, retailers, government agencies, mints, jewelers and other commercial operations. The company has a market cap of $2.64 billion. Its shares traded at $52.75Â as of March 17Â with a P/E ratio of 76.90.

Operating profit for the fourth quarter of 2016 was $58 million.

Executive Vice President and Chief Financial Officer Ronald James Domanico bought 5,000 shares for $52.19 per share on March 7. The stock price has increased by 1.07% since.

Director Peter A. Feld sold 650,000 shares for $51.8 per share on Feb. 23 and 750,000 shares for $52.53 per share on March 6. Feld also sold 150,000 shares for $52.25 per share on March 7. The stock price has increased by 0.96% since.

Controller Thomas Colan sold 966 shares for $52.4 per share on March 7. The stock price has increased by 0.67% since.

Executive Vice President Amit Zukerman sold 10,000 shares for $52.55 per share on March 3. The stock price has increased by 0.38% since.

For the complete list of stocks that bought by their company CEOs, go to: CEO Buys.

Disclosure: I do not own stock in any of the companies mentioned in the article.

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