Largest Insider Trades of the Week

Drive Shack, Ameriprise, Nektar among stocks traded by company insiders

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Nov 10, 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 “November 2017” and All Insider Sales to “$5,000,000+."

According to the above filters, the following trades were made by company insiders this week.

Wesley R. Edens, director of Drive Shack Inc. (DS, Financial), bought 398,895 shares for $3.97 per share on Nov. 9. Since then, the stock price has risen to $4.05.

The real estate investment trust (REIT) has a market cap of $271.2 million and an enterprise value of $313.03 million. It has an institutional ownership of 41.01% and insider ownership of 4.38%.

Over the past 12 months, the stock price has declined 11% and is currently 10.99% below its 52-week high and 68.05% above its 52-week low.

The Hain Celestial Group Inc. (HAIN, Financial) Chairman, President and CEO Irwin D. Simon bought 50,000 shares for $34.14 per share on Nov. 9. Since then, the stock price has not changed.

The packaged foods company has a market cap of $3.57 billion and an enterprise value of $4.17 billion. It has an institutional ownership of 95.25% and insider ownership of 2.70%.

Over the past 12 months, the stock price has declined 4% and is currently 24.56% below its 52-week high and 10.96% above its 52-week low.

Ernest S. Rady, chairman, CEO and president of American Assets Trust Inc. (AAT, Financial), bought 85,155 shares for $38.84 per share on Nov. 8.

The REIT has a market cap of $1.83 billion and an enterprise value of $3.04 billion. It has an institutional ownership of 98.50% and an insider ownership of 1.24%.

Over the past 12 months, the stock price has fallen 2% and is currently 13.23% below its 52-week high and 5.74% above its 52-week low.

Most important insider sales

Martin Plaehn, chairman, CEO and president of Control4 Corp. (CTRL, Financial), sold 222,000 shares for $32.25 per share on Nov. 9. Since then, the stock price has not changed.

The home automation systems provider has a market cap of $797.66 million and an enterprise value of $714.43 million. It has an institutional ownership of 81.28% and insider ownership of 1.22%.

Over the past 12 months, the stock price has risen 182% and is currently 7.42% below its 52-week high and 213.19% above its 52-week low.

Ameriprise Financial Inc (AMP, Financial) Chairman and CEO James M. Cracchiolo sold 42,228 shares for $159.33 per share on Nov. 9.

The asset management firm has a market cap of $23.53 billion and an enterprise value of $26.5 billion. It has an institutional ownership of 93.46% and insider ownership of 0.48%.

Over the past 12 months, the stock price has risen 45% and is currently 2.45% below its 52-week high and 53.02% above its 52-week low.

Stephen K. Doberstein, senior vice president and chief scientific officer of Nektar Therapeutics Inc. (NKTR, Financial), sold 396,323 shares for $29 per share on Nov. 8. Since then, the stock price has increased to $31.74.

The biopharmaceutical company has a market cap of $4.74 billion and an enterprise value of $4.72 billion. It has an institutional ownership of 91.01% and insider ownership of 1.63%.

Over the past 12 months, the stock price has risen 123% and is currently 4.54% below its 52-week high and 165.56% above its 52-week low.

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