According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of purchases is illustrated in the chart below:
Casa Systems CEO Bought 100,000 Shares
Casa Systems Inc. (CASA, Financial) President, CEO, and 10% Owner Jerry Guo bought 100,000 shares on December 19 at a price of $13.00. The price of the stock has increased by 16.23% since.
Casa Systems provides fixed, mobile, optical and Wi-Fi network solutions for ultra-broadband services. The company has a market cap of $1.21 billion. Its shares traded at $15.11 as of December 22.
The company’s first day of trading closed at $13. Net income for the three months ended September 30, 2017 was $24.323 million compared to $15.101 million for the prior-year period.
Director Bruce R. Evans bought 250,000 shares of CASA stock on December 19 at a price of $13. The price of the stock has increased by 16.23% since.
10% Owner Peter Y. Chung bought 250,000 shares of CASA stock on December 19 at a price of $13. The price of the stock has increased by 16.23% since.
Partners L. P. Summit bought 250,000 shares of CASA stock on December 19 at a price of $13. The price of the stock has increased by 16.23% since.
Akamai Technologies CEO Bought 17,537 Shares
Akamai Technologies Inc. (AKAM, Financial) CEO F. Thomson Leighton bought 17,537 shares on December 15 at a price of $57.01. The price of the stock has increased by 14.8% since.
Akamai is a U.S.-based company which provides cloud services for delivering, optimizing and securing online content and business applications. The company has a market cap of $11.07 billion. Its shares traded at $65.45 with a price-earnings (P/E) ratio of 39.14 as of Dec. 22.
Net income for the three months ended Sept. 30 was $60.512 million compared to $76.00 million for the prior-year period.
President of Products and Development Rick M. McConnell sold 48,369 shares of AKAM stock on December 13 at a price of $56.83 and 8,528 shares on December 18 at a price of $66.29. The price of the stock has decreased by 1.27% since.
Chief Strategy Officer William Wheaton sold 10,000 shares of AKAM stock on December 18 at a price of $66.29. The price of the stock has decreased by 1.27% since.
Noble Energy CEO Bought 19,000 Shares
Noble Energy Inc. (NBL, Financial) President, CEO, and Director David L. Stover bought 19,000 shares on December 18 at a price of $26.31. The price of the stock has increased by 9.43% since.
Noble Energy is an independent energy company. It is engaged in crude oil, natural gas and natural gas liquids (NGLs) exploration and production. The company has a market cap of $13.91 billion. Its shares traded at $28.79 as of December 22.
On December 15, Noble Energy announced that it signed a definitive agreement with CNX Resources Corporation to divest Noble Energy’s 50 percent interest in CONE Gathering LLC.
Executive Vice President of Operations Gary W. Willingham bought 30,000 shares of NBL stock on November 29 at a price of $26. The price of the stock has increased by 10.73% since.
Director Thomas J. Edelman sold 200,000 shares of NBL stock on December 11 at a price of $26.99. The price of the stock has increased by 6.67% since.
Vistra Energy CEO Bought 19,094 Shares
Vistra Energy Corp. (VST, Financial) President and CEO Curtis A. Morgan bought 19,094 shares on December 20 at a price of $18.34. The price of the stock has decreased by 1.96% since.
Vistra Energy, through its subsidiaries, is in electricity market activities including power generation, wholesale energy sales and purchases, commodity risk management and retail sales of electricity to end users. The company has a market cap of $7.70 billion. Its shares traded at $17.98 with a price-earnings (P/E) ratio of 9.40 as of December 22.
Net income for the third quarter of 2017 was $273 million.
EVP and CFO J. William Holden III bought 1,800 shares of VST stock on November 28 at a price of $19.19. The price of the stock has decreased by 6.31% since.
Director Scott B. Helm bought 200 shares of VST stock on December 5 at a price of $18.52; 200 shares on December 12 at a price of $18.08; and 200 shares on December 19 at a price of $17.83. The price of the stock has increased by 0.84% since.
Director Brian K. Ferraioli bought 5,750 shares of VST stock on December 15 at a price of $17.27. The price of the stock has increased by 4.11% since.
Executive Vice President and Chief Operating Officer James A. Burke bought 13,500 shares of VST stock on December 12 at a price of $18.24. The price of the stock has decreased by 1.43% since.
WideOpenWest CEO Bought 25,465 Shares
WideOpenWest Inc. (WOW, Financial) CEO Teresa L. Elder bought 25,465 shares on December 18 at a price of $9.82. The price of the stock has increased by 8.35% since.
WideOpenWest is a cable operator and broadband service provider in the United States. It offers high-speed internet, data, voice, cloud and cable television services. The company has a market cap of $944.531 million. Its shares traded at $10.64 with a price-earnings (P/E) ratio of 9.13 as of December 22.
Net (loss) income for the three months ended September 30, 2017 was $2.1 million compared to $20.3 million for the prior-year period.
CFO Richard Edward Jr. Fish bought 3,500 shares of WOW stock on December 18 at a price of $9.8. The price of the stock has increased by 8.57% since.
Director Jill Bright bought 5,000 shares of WOW stock on December 20 at a price of $9.64. The price of the stock has increased by 10.37% since.
General Counsel and Secretary Donald Craig Martin bought 15,320 shares of WOW stock on December 20 at a price of $9.79. The price of the stock has increased by 8.68% since.
Executive Vice President of Strategy and Engagement Catherine Kuo bought 17,722 shares of WOW stock on December 20 at a price of $9.69. Kuo also bought 2,722 shares later that day at a price of $9.54. The price of the stock has increased by 11.53% since.
Director Thomas Patrick McMillin bought 10,000 shares of WOW stock on December 18 at a price of $9.78. The price of the stock has increased by 8.79% 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.
