Insiders Roundup: Facebook, General Electric, Aetna

The largest insider trades of the week

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May 19, 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 “March 2017” and All Insider Sales to “$5,000,000+.”

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

SeaWorld Entertainment Inc. (SEAS) 10% owner Hill Path Capital Partners LP bought 724,050 shares for $17.82 per share on May 18. Since then, the stock price has declined to $17.65.

It is a theme park and entertainment company that inspires some guests to protect animals and the wild wonders of the world.

The company has an institutional ownership of 94.65% and insider ownership of 4.76%.

Over the last 12 months, the stock price has not changed and is trading with a price-book (P/B) ratio of 3.71. The price is 12.32% below its 52-week high and 49.96% above its 52-week low.

R. Ted Weschler, a member of a 10% owner group of Liberty SiriusXM Group Class A (LSXMA), and 10% owner Berkshire Hathaway (BRK.A, Financial)(BRK.B, Financial) bought a combined 4,750,544 shares for between $36.44 and $36.67 per share on May 17.

Through its subsidiary holding the company is engaged in providing a subscription-based satellite radio service. It transmits music, sports, entertainment, comedy, talk, news, traffic and weather channels as well as infotainment services. The company has an institutional ownership of 25.67%.

Over the last 12 months, the stock price has declined by 18% and is trading with a P/B ratio of 0.88. The price is 8.22% below its 52-week high and 29.80% above its 52-week low.

Paul M. Rady and Glen C. Warren Jr. bought 750,000 shares of Antero Resources Corp. (AR) for $21.05 per share on May 17. Since then, the stock price has risen to $20.41.

Based in the U.S., it is a part of the oil and gas industry. While most of its sales are generated in natural gas, it also sells oil on a minor scale.

The company has an institutional ownership of 86.06% and insider ownership of 7.45%.

Over the last 12 months, the stock price has declined by 18%, and the price is 29.80% below its 52-week high and 6.15% above its 52-week low.

General Electric Co. (GE) Chairman and CEO Jeffrey R. Immelt bought 100,000 shares for $28.07 per share on May 17. Since then, the stock price has declined to $27.48.

It is a digital industrial company that transforms industry with software-defined machines and solutions offering aircraft engines, locomotives, power generation and oil and gas equipment to medical imaging, financing and industrial products.

The company has an institutional ownership of 61.80% and insider ownership of 0.15%.

Over the last 12 months, the stock price has dropped by 60%, and the price is 16.73% below its 52-week high and 1.40% above its 52-week low.

Most important sales of the week

West Pharmaceutical Services Inc. (WST) Senior Vice President and Chief Financial Officer William J. Federici sold 54,996 shares for $95.45 per share on May 18. Since then, the stock price has declined to $95.08.

It develops, manufactures and sells packaging components and systems for injectable drug delivery including stoppers and seals for vials, closures and other components used in syringe and pre-fillable syringe components. The company has an institutional ownership of 95.90% and insider ownership of 2.97%.

Over the last 12 months, the stock price has risen by 31% and is trading with a P/B ratio of 5.98. The price is 1.95% below its 52-week high and 35.50% above its 52-week low.

Facebook Inc. Class AÂ (FB) Chairman, CEO and 10% owner Mark Zuckerberg sold 286,387 shares for $148.40 per share on May 17. Since then, the stock price has declined to $147.66.

It operates a social networking Web site. The company's products are Facebook, Instagram, Messenger, WhatsApp and Oculus. Its products enable people to connect and share through mobile devices and personal computers.

The company has an institutional ownership of 57.58% and insider ownership of 0.19%.

Over the last 12 months, the stock price has risen by 26% and is trading with a P/B ratio of 6.88. The price is 3.87% below its 52-week high and 36.43% above its 52-week low.

Aetna Inc. (AET) Chairman and CEO Mark T. Bertolini sold 103,547 shares for $140.79 per share on May 17. Since then, the stock price has declined to $140.23.

It is a health care benefit company that offers traditional and consumer-directed health insurance products and related services including medical, pharmacy, dental, behavioral health, group life and disability plans.

The company has an institutional ownership of 88.01% and insider ownership of 0.48%.

Over the last 12 months, the stock price has risen by 28% and is trading with a P/B ratio of 3.26. The price is 3.20% below its 52-week high and 34.08% above its 52-week low.

Bright Horizons Family Solutions Inc. (BFAM) Director and 10% owner Joshua Bekenstein and David Humphrey sold 8,249,068 shares for $79.25 per share on May 16. Since then, the stock price has declined to $76.76.

It is a provider of high-quality child care and early education services as well as other services designed to help employers and families address the challenges of work and life.

The company has an institutional ownership of 98.59% and insider ownership of 1.63%.

Over the last 12 months, the stock price has risen by 19% and is trading with a P/B ratio of 6.36. The price is 5.50% below its 52-week high and 30.10% above its 52-week low.

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

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