Largest Insider Trades of the Week

Oracle, Mylan among top trades

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Mar 24, 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 “$5,000,000+,” the duration to “March 2017” and All Insider Sales to “$5,000,000+.”

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

Tronc Inc. (TRNC, Financial) director and 10% owner Patrick Soon-Shiong bought 2,950,000 shares for $14.87 per share on March 20. Since then, the stock price has dropped to $13.60.

Formerly Tribune Publishing Co., Tronc is a multimedia company operating publishing, digital and broadcasting businesses.

The company has an institutional ownership of 57.17% and insider ownership of 3.49%.

Over the last 12 months, the stock price has risen 70.10% and is now trading with a price-book (P/B) ratio of 4.52. The price is 23.54% below its 52-week high and 103.41% above its 52-week low.

Intrepid Potash Inc. (IPI, Financial) Executive Chair, President, CEO and 10% owner Robert P. Jornayvaz III bought 6,300,000 shares for $1.20 per share on March 21. Since then, the stock price has climbed to $1.70.

The company produces and sells potash and potash byproducts in the U.S. and is one of two producers of langbeinite.

The company has an institutional ownership of 41.86% and insider ownership of 3.20%.

Over the last 12 months, the stock price has risen 40.17% and is now trading with a P/B ratio of 0.34. The price is 46.05% below its 52-week high and 92.94% above its 52-week low.

Bruce Berkowitz (TradesPortfolio)'s Fairholme Capital Management bought 613,900 shares of Sears Holdings Corp. (SHLD, Financial) for $8.17 per share on March 22. Since then, the stock price has increased to $8.40.

The company is an integrated retailer with full-line and specialty retail stores in the U.S., which includes Kmart and Sears.

The company has an institutional ownership of 65.64% and insider ownership of 1.63%.

Over the last 12 months, the stock price has tanked 43.33% and is now trading 55.54% below its 52-week high and 54.55% above its 52-week low.

American Homes 4 Rent (AMH, Financial) director B. Wayne Hughes bought 2,192,982 shares for $22.80 per share on March 22. Since then, the stock price has increased to $23.53.

The company is an internally managed real estate investment trust engaged in acquiring, renovating, leasing and operating single-family homes as rental properties.

The company has an institutional ownership of 91.24% and insider ownership of 5.58%.

Over the last 12 months, the stock price has risen 52.02% and is now trading with a P/B ratio of 1.12. The price is 2.5% below its 52-week high and 52.51% above its 52-week low.

Engaged Capital LLC bought 1,695,233 shares of Rent-A-Center Inc. (RCII, Financial) for $8.65 per share on March 23. The stock price has increased to $8.83 since then.

It is a rent-to-own operator in North America. It offers household durable goods to customers on a rent-to-own basis, including name brand furniture, electronics, appliances and computers through flexible rental purchase agreements.

The company has an institutional ownership of 99.72% and insider ownership of 2.65%.

Over the last 12 months, the stock price has declined 41.85% and is now trading with a P/B ratio of 1.75. The price is 44.57% below its 52-week high and 14.43% above its 52-week low.

Most important sales of the week

Oracle Corp. (ORCL, Financial) CEO Safra Catz sold 3,000,000 shares for $44.99 per share on March 21. Since then, the stock price has decreased 0.6% to $44.71.

The company develops, manufactures, markets, hosts and supports database and middleware software, application software, cloud infrastructure and hardware systems, including computer servers, storage and networking products and related services.

The company has an institutional ownership of 53.08% and insider ownership of 27.38%.

Over the last 12 months, the stock price has increased 8.98% and is now trading with a P/B ratio of 3.61. The price is 4.98% below its 52-week high and 18.69% above its 52-week low.

 Bain Capital Investors LLC sold 1,800,000 shares of Veritiv Corp. (VRTV, Financial) for $54.14 per share on March 22. Since then, the stock price has declined 5.8% to $50.98.

Veritiv is engaged in business-to-business printing, packaging and facility supplies and equipment distribution services to printers, manufacturers, retailers and commercial facilities.

The company has an institutional ownership of 93.87% and insider ownership of 0.91%.

Over the last 12 months, the stock price has risen 34.70% and is now trading with a P/B ratio of 1.51. The price is 18.21% below its 52-week high and 50.15% above its 52-week low.

Barry S. Sternlicht, director of TRI Pointe Group Inc. (TPH, Financial), sold 11,985,905 shares for $12.76 per share on March 22. Since then, the stock price has decreased 1.5% to $12.57.

Formerly known as TRI Pointe Homes Inc., the company is engaged in the design, construction and sale of single-family homes in metropolitan areas located throughout California and Colorado.

The company has an institutional ownership of 84.74% and insider ownership of 0.85%.

Over the last 12 months, the stock price has increased 11.32% and is now trading with a P/B ratio of 1.08. The price is 11.34% below its 52-week high and 21.64% above its 52-week low.

Abbott Laboratories (ABT, Financial), 10% owner of Mylan NV (MYL, Financial), sold 44,000,000 shares for $41.60 per share on March 23. Since then, the stock price has decreased 1.8% to $40.86.

Mylan is a pharmaceutical company that develops, licenses, manufactures, markets and distributes generic, branded generic and specialty pharmaceuticals.

The company has an institutional ownership of 54.93% and insider ownership of 0.21%.

Over the last 12 months, the stock price has fallen 10.72% and is now trading with a P/B ratio of 2.01. The price is 18.73% below its 52-week high and 21.90% above its 52-week low.

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

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