Weekly CEO Buys Highlights

Investors purchase shares of Education Realty Trust, Brink's, Express Scripts Holding, ARMOUR Residential REIT and Tejon Ranch

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Nov 06, 2017
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According to GuruFocus' Insider Data, these are the largest CEO buys during the past week.

Education Realty Trust CEO bought 20,000 shares

Education Realty Trust Inc. (EDR, Financial) Chairman and CEO Randy L. Churchey bought 20,000 shares for $35.01 per share on Nov. 1. The stock price has increased by 1.91% since.

Education Realty Trust is a real estate investment trust. It develops, acquires, owns and manages collegiate housing communities located near university campuses. It also offers real estate facility management, development and other advisory services. The company had a market cap of $2.71 billion. Its shares traded at $35.68 with a price-earnings (P/E) ratio of 82.98 as of Nov. 3.

Net (loss) income for the third quarter was $155,000 compared to $3.533 million for the prior-year period.

Executive Vice President and Chief Financial Officer Edwin B. Brewer Jr. bought 5,000 shares for $35.01 per share on Nov. 2. The stock price has increased by 1.91% since.

The Brink's CEO bought 7,870 shares

The Brink's Co. (BCO, Financial) President and CEO Douglas A. Pertz bought 7,870 shares for $76.32 per share during the past week.

Pertz bought 1,300 shares for $77 per share on Oct. 30 and 6,570 shares for $76.18 per share on Nov. 2. The stock price has increased by 1.54% since.

Brink's, along with its subsidiaries, provides secure logistics and security solutions including cash-in-transit, ATM replenishment and maintenance, cash management services, including vault outsourcing, money processing and intelligent safe services. The company has a market cap of $3.9 billion. Its shares traded at $77.35 with a P/E ratio of 46.04 as of Nov. 3.

Net income for the third quarter was $21.1 million compared to $25.9 million for the third quarter of 2016.

Executive Vice President and Chief Financial Officer Ronald James Domanico bought 3,000 shares on Oct. 26 for $77.49 per share and 3,000 shares for $76.85 per share on Nov. 1. The stock price has increased by 0.65% since.

Express Scripts Holding CEO bought 8,000 shares

Express Scripts Holding Co. (ESRX, Financial) President and CEO Timothy C. Wentworth bought 8,000 shares for $61.13 per share on Oct. 31. The stock price has decreased by 0.97% since.

Express Scripts Holding is a pharmacy benefit manager in the U.S. It offers health care management and administration services such as managed care organizations, health insurers, workers' compensation plans and government health programs. The company has a market cap of $34.965 billion. Its shares traded at $60.54 with a P/E ratio of 10.51 as of Nov. 3.

Net income for the three months ended Sept. 30 was $845.0 million compared to $728.5 million for the prior-year period.

Senior Vice President and Chief Marketing Officer Phyllis S. Anderson sold 643 shares for $62.37 per share on Nov. 1. The stock price has decreased by 2.93% since.

ARMOUR Residential REIT co-CEO bought 4,000 shares

ARMOUR Residential REIT Inc. (ARR, Financial) co-CEO and President Jeffrey J. Zimmer bought 4,000 shares for $25.26 per share on Oct. 30. The stock price decreased by 3.21% since.

ARMOUR Residential REIT invests in and manages a leveraged portfolio of residential mortgage backed securities. It invests in residential mortgage backed securities issued or guaranteed by a U.S. government-sponsored entity. The company has a market cap of $1.024 billion. Its shares traded at $24.45 with a P/E ratio of 3.22 as of Nov. 3.

Net (loss) income for the quarter ended Sept. 30 was $27.724 million compared to $118.688 million for the prior-year period.

Chief Financial Officer James R. Mountain bought 4,000 shares for $25.44 per share on Oct. 30. The share price has decreased by 3.89% since.

Chief Operating Officer Mark Gruber bought 4,000 shares for $25.38 per share on Oct. 30. The stock price has decreased by 3.66% since.

Vice President Finance and Controller Gordon Harper bought 500 shares for $25.39 per share on Oct. 27. The stock price has decreased by 3.7% since.

Tejon Ranch CEO bought 5,600 shares

Tejon Ranch Co. (TRC, Financial) President/CEO Gregory S. Bielli bought 5,600 shares for $18.00 per share on Nov. 2. The stock price has increased by 8.94% since.

Tejon Ranch is a diversified real estate development and agribusiness company committed to responsibly using its land and resources to meet the housing, employment and lifestyle needs of Californians and create value for its shareholders. The company has a market cap of $409.323 million. Its shares traded at $19.61 as of Nov. 3.

Net (loss) income for the three months ended June 30 was $1,000 compared to $728,000 in the prior-year period.

Executive Vice President/Chief Financial Officer Allen E. Lyda bought 5,000 shares for $18 on Nov. 2. The stock price has increased by 8.94% since.

Director Geoffrey L. Stack bought 4,959 shares for $18 per share on Nov. 2. The stock price has increased by 8.94% since.

Executive Vice President Real Estate Joseph N. Rentfro bought 2,393 shares for $18 per share on Nov. 2. The stock price has increased by 8.94% since.

Director Norman J. Metcalfe bought 3,103 shares for $18 per share on Nov. 2. The stock price has increased by 8.94% since.

Senior Vice President Commercial and Industrial Real Estate Hugh F. McMahon IV bought 277 shares for $18 per share on Nov. 2. The stock price has increased by 8.94% since.

Director Anthony L. Leggio bought 3,753 shares for $18 per share on Nov. 2. The stock price has increased by 8.94% 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.