Insiders Roundup: Corvus Pharmaceuticals, Zayo Group

Largest insider buys and sales of the week

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Mar 18, 2018
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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 “$2,000,000+” and the duration to “March 2018.” Set All Insider Sales to “$5,000,000+.”

According to these filters, company insiders made the following trades this week.

Adams Street Partners LLC and Novo Holdings A/S, 10% owners of Corvus Pharmaceuticals Inc. (CRVS), together with directors and 10% owners Peter A. Thomspon, Orbied Advisors LLC and Terry P. Gould, bought a combined 3,529,410 shares for $8.50 per share on March 12.

The company has a market cap of $301.16 million and an enterprise value of $211.11 million. It has an institutional ownership of 35.37% and insider ownership of 1.25%.

Over the past 12 months, the stock price has dropped 49.51% and is currently 53.43% below its 52-week high and 38.95% above its 52-week low.

William H. Gates III, 10% owner of Ecolab Inc. (ECL), bought 369,000 shares for $136.53 per share on March 13.

The company has a market cap of $39.81 billion and an enterprise value of $46.99 billion. It has an institutional ownership of 62.28% and insider ownership of 1%.

Over the past 12 months, the stock price has increased 10.40% and is currently 1.63% below its 52-week high and 12.75% above its 52-week low.

Ernest S. Rady, chairman, CEO and president, 10% Owner of American Assets Trust Inc. (AAT), bought 259,583 shares for $32.95 per share on March 14.

The company has a market cap of $1.57 billion and an enterprise value of $2.82 billion. It has an institutional ownership of 90.37% and insider ownership of 1.17%.

Over the past 12 months, the stock price has declined 22.21% and is currently 26.08% below its 52-week high and 8.23% above its 52-week low.

Most important insider sales

GTCR Fund X/C LP, 10% owner of Zayo Group Holdings Inc. (ZAYO) sold 4,675,000 shares for $37.05 per share on March 12.

The provider of communications infrastructure services has a market cap of $8.93 million and an enterprise value of $14.29 billion. It has an institutional ownership of 65.39% and insider ownership of 2.84%.

Over the past 12 months, the stock price has increased 10% and is currently 5.14% below its 52-week high and 21.09% above its 52-week low.

Onex Corp., 10% owner of Emerald Expositions Events Inc. (EEX) sold 6 million shares for $17.76 per share on March 13.

The operator of B2B trade shows has a market cap of $1.1 billion and an enterprise value of $1.95 billion. It has an institutional ownership of 26.23% and insider ownership of 0.69%.

Over the past 12 months, the stock price didn’t change and is currently 21.21% below its 52-week high and 6.37% above its 52-week low.

Stephen T. Winn, chairman, president and CEO, 10% owner of RealPage Inc. (RP) sold 521,137 shares for $52.88 per share on March 14.

The provider of on-demand software has a market cap of $4.43 billion and an enterprise value of $5.05 billion. It has an institutional ownership of 61.43% and insider ownership of 5.14%.

Over the past 12 months, the stock price has increased 44.58% and is currently 2.91% below its 52-week high and 65.17% above its 52-week low.

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