Insiders Roundup: Apollo Global Management, Apple

Largest insider trades of the week

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Apr 07, 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 “April 2017” and All Insider Sales to “$5,000,000+.”

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

Tiger Global Management LLC, 10% owner of Apollo Global Management LLC (APO, Financial), bought 764,000 shares for $24.52 per share on April 3 and April 5. Since then, the stock price has risen to $25.40.

Along with its subsidiaries, Apollo operates as an alternative asset management company. It raises, invests and manages private equity, credit and real estate funds as well as strategic investment accounts on behalf of it clients.

The company has an institutional ownership of 86.10% and insider ownership of 2.04%.

Over the last 12 months, the stock price has risen 59% and is now trading with a price-book (P/B) ratio of 12.23. The price is 1.55% below its 52-week high and 78.25% above its 52-week low.

Saba Capital Management LP, 10% owner of Clough Global Opportunities Fund (GLO, Financial), bought 276,231 shares for $10.24 per share between April 3 and April 5. Since then, the stock price has increased to $10.31.

Clough is a closed-end investment management company. Its investment objective is to provide a high level of total return.

The company has an institutional ownership of 48.62% and insider ownership of 0.27%.

Over the last 12 months, the stock price has risen 10% and is now trading with a P/B ratio of 0.93. The price is 0.29% below its 52-week high and 19.19% above its 52-week low.

Michael Martin Beeghley, director of PolarityTE Inc. (COOL, Financial), bought 20,000 shares for $13.36 per share on April 5. Since then, the stock price has risen to $14.44.

Polarity TE offers a technology platform that simplifies cell regeneration, allowing them to function naturally. Its technology is expected to utilize a patient's own tissue for the regeneration of skin, bone, muscle, cartilage, fat, blood vessels and nerves.

The company has an institutional ownership of 1.35% and insider ownership of 46.42%.

Over the last 12 months, the stock price has risen 167% and is 23.60% below its 52-week high and 453.26% above its 52-week low.

Phillip Frost, chairman, CEO and 10% owner of OPKO Health Inc. (OPK, Financial), bought 44,500 shares for $7.69 per share on April 5. Since then, the stock price has declined to $7.61.

It is a biopharmaceutical and diagnostics company engaged in the research and development of pharmaceutical products and vaccines.

The company has an institutional ownership of 21.72% and insider ownership of 6.84%.

Over the last 12 months, the stock price has declined 28% and is 37.37% below its 52-week high and 6.73% above its 52-week low.

Most important sales of the week

e.l.f. Beauty Inc. (ELF, Financial) Chairmand and CEO Tarang Amin and President and CFO John P. Bailey sold 954,752 shares total  for $25.85 per share on April 5. Since then, the stock price has risen to $27.36.

Along with its subsidiaries, the company conduct business under the name e.I.f. Cosmetics. It offers products for eyes, lips and face to consumers through retail stores, e.I.f. stores and e-commerce channels. The company has an institutional ownership of 60.90% and insider ownership of 8.70%.

Over the last 12 months, the stock price has risen 3% and is now trading with a P/B ratio of 8.83. The price is 15.92% below its 52-week high and 15.30% above its 52-week low.

Apple Inc. (AAPL, Financial) Senior Vice President Philip W. Schiller sold 47,796 shares for $143.32 per share on April 4. Since then, the stock price has increased to $143.66.

The company designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. It also sells a variety of related software, services, accessories, networking solutions and third-party digital content

The company has an institutional ownership of 59.67% and insider ownership of 0.19%.

Over the last 12 months, the stock price has risen 32% and is now trading with a P/B ratio of 5.71. The price is 1.24% below its 52-week high and 60.57% above its 52-week low.

William Hess, executive vice president of international operations at American Tower Corp. (AMT, Financial), sold 90,489 shares for $120.96 per share on April 3. Since then, the stock price has risen to $121.95.

The company owns, operates and develops wireless and broadcast communications real estate. Its main business is leasing antenna space on multi-tenant communications sites to different providers.

The company has an institutional ownership of 92.90% and insider ownership of 0.64%.

Over the last 12 months, the stock price has risen 16% and is now trading with a P/B ratio of 7.70. The price is 0.11% below its 52-week high and 22.29% above its 52-week low.

Mark G. Parker, chairman, president and CEO of HP Inc. (HPQ, Financial), sold 100,000 shares for $55.50 per share on April 3. Since then, the stock price has declined to $55.14.

HP provides products, technologies, software, solutions and services to individual consumers, small and medium-sized businesses, including customers in the government, health and education sectors.

The company has an institutional ownership of 78.65% and insider ownership of 0.31%.

Over the last 12 months, the stock price has risen 46% and is 2.23% below its 52-week high and 55.26% above its 52-week low.

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

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