According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
Tellurian CEO bought 100,000 shares
Tellurian Inc. (TELL, Financial) President and CEO Meg Gentle bought 100,000 shares on April 2 at a price of $6.96. The price of the stock has increased by 13.07% since.
Tellurian is an oil and gas exploration and production company. It is engaged in building a natural gas business that includes 26 mtpa production from Driftwood LNG, trading of LNG cargoes and development. The company has a market cap of $1.80 billion. Its shares traded at $7.87 with a price-earnings (P/E) ratio of as of April 6.
Net loss for the year ended 2017 was $231.46 million compared to $96.66 million for the prior-year period.
On Dec. 12, Tellurian announced the closing of its public offering of 10 million shares of common stock at a public offering price of $10.00 per share.
Director Diana Derycz Kessler bought 75,000 shares on March 20 at a price of $7.08 and 125,000 shares on March 26 at a price of $7.11. The price of the stock has increased by 10.69% since.
OPKO Health CEO bought 163,000 shares
OPKO Health Inc. (OPK, Financial) CEO, Chairman and 10% Owner Phillip Frost bought 163,000 shares during the past week at an average price of $3.02.
The diversified health care company, whose business includes diagnostics and provision of pharmaceutical products, has a market cap of $1.72 billion. Its shares traded around $3.07 on Friday.
Consolidated revenue for the quarter ended Dec. 31 was $193.7 million, compared to $275.5 million in the prior-year period.
Frost bought 26,000 shares on March 26 at a price of $3.19; 86,100 shares on March 27 at a price of $3.25; 80,000 shares on March 28 at a price of $3.07; 153,000 shares on April 3 at a price of $3; and 10,000 shares on April 5 at a price of $3.25. The price of the stock has decreased by 5.54% since.
Senior Vice President and Chief Financial Officer Adam Logal bought 2,065 shares on March 13 at a price of $3.40. The price of the stock has decreased by 9.71% since.
For the complete list of stocks that were bought by their company CEOs, go to: CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
