Insiders Roundup: Facebook, PRA Health Sciences

Largest insider buys and sales of the week

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Aug 18, 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 “August 2017” and All Insider Sales to “$5,000,000+.”

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

Chen Tian Qiao, 10% owner of Community Health Systems Inc. (CYH), bought 9,766,897 shares for $7.27 per share on Aug. 14. Since then the stock has declined by 2.8% to $7.07.

Community Health Systems operates general acute care hospitals. The company organizes into two distinct operating segments, Hospital Operations and Home Care Agency Operations. The company has an institutional ownership of 92.19% and insider ownership of 4.28%.

Over the last 12 months, the stock price has declined by 31%, and the price is 29.51% below its 52-week high and 70.36% above its 52-week low.

Sanofi, 10% owner of MyoKardia Inc. (MYOK), bought 350,000 shares for $35.50 per share on Aug. 14. Since then the stock has bounced by 17.9% to $41.85.

The clinical stage biopharmaceutical company is engaged in discovering, developing and commercializing targeted therapies for the treatment of serious and neglected rare cardiovascular diseases. The company has an institutional ownership of 93.64% and insider ownership of 3.53%.

Over the last 12 months, the stock price has risen by 112%, and the price is 5.81% below its 52-week high and 295.07% above its 52-week low.

Kelcy L. Warren, CEO of Energy Transfer Partners LP (ETP), bought 1 million shares for $18.65 per share on Aug. 15. Since then the stock price hasn’t changed.

The company is engaged in the crude oil operations that consist of an integrated set of pipeline, terminaling and acquisition and marketing of crude oil from producers to end-user markets. The company has an institutional ownership of 21.83% and insider ownership of 0.26%.

Over the last 12 months, the stock price has dropped by 41.50%, and the price is 41.50% below its 52-week high and just 1.27% above its 52-week low.

ValueAct Capital Master Fund, 10% owner of Trinity Industries Inc. (TRN), bought 403,000 shares for $28.48 per share on Aug. 17. Since then the stock price hasn’t changed.

The diversified industrial company owns businesses providing products and services to the energy, transportation, chemical and construction sectors. The company has an institutional ownership of 80.62% and insider ownership of 2.56%.

Over the last 12 months, the stock price has increased by 15.26%, and the price is 6.74% below its 52-week high and 35.10% above its 52-week low.

Most important insider sales

During the week, several insiders such as President and CEO Colin Shannon, Executive Vice President and Chief Financial Officer Linda Baddour and 10% owner KKR Fund Holdings GP Ltd. sold a total of 29.1 million shares of PRA Health Sciences Inc. (PRAH) for $74.85 per share on Aug. 14 and Aug. 15. Since then the stock price hasn’t changed

It is a U.S.-based full-service global contract research organization. It provides a broad range of product development services for pharmaceutical and biotechnology companies around the world. The company has an institutional ownership of 96.01% and insider ownership of 0.03%.

Over the last 12 months, the stock price has risen by 45.72%, and the price is 7.56% below its 52-week high and 48.42% above its 52-week low.

Warburg Pincus LLC, Mustang HoldCo II LLC and James Neary, directors of WEX Inc. (WEX), sold 7.17 million shares for $102.25 per share on Aug. 14. Since then the stock price hasn’t changed.

WEX is a provider of corporate payment solutions. It operates through Fleet Solutions, Travel and Corporate Solutions and Health and Employee Benefit Solutions. The company has an institutional ownership of 98.24% and insider ownership of 1.05%.

Over the last 12 months, the stock price has risen by 6.60%, and the price is 16.03% below its 52-week high and 95.85% above its 52-week low.

GS Sunray Holdings Subco I LLC and GS Capital Partners VI Fund LP, 10% owners, and Director Richard A. Friedman sold 25,962,150 shares of Hyatt Hotels Corp. (H) for $57.58 per share on Aug. 14. Since then the stock price has declined to $55.99.

Hyatt Hotels owns and operates over 600 franchised properties. The company manages luxury hotels under various brands such as Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt House, Hyatt Ziva, Hyatt Centric and Unbound. The company has an institutional ownership of 35.06% and insider ownership of 0.92%.

Over the last 12 months, the stock price has risen by 3.93%, and the price is 8.25% below its 52-week high and 16.88% above its 52-week low.

Facebook Inc. (FB) Chairman, CEO and 10% owner Mark Zuckerberg and Director Jan Koum sold a combined 3,202,476 shares for $170.69 and $170.17 per share on Aug. 15. Since then the stock price has declined to $167.73.

Facebook is the world's largest online social network. Its 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 53.77% and insider ownership of 0.20%.

Over the last 12 months, the stock price has risen by 35.35%, and the price is 4.43% below its 52-week high and 47.70% above its 52-week low.

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