Weekly CEO Buys Highlight

Details the CEO buys this past week from the following companies: OPKO Health and Superior Energy Services

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Apr 30, 2018
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According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

OPKO Health CEO bought 297,172 shares

OPKO Health Inc. (OPK, Financial) CEO, Chairman, and 10% Owner Phillip Frost bought 297,172 shares during the past week at an average price of $3.03.

OPKO Health is a diversified health care company that seeks to establish industry-leading positions in large, rapidly growing markets. The company has a market cap of $1.77 billion. Its shares traded at $3.16 as of April 27.

Consolidated revenues for the three months ended Dec. 31, 2017 were $193.7 million compared to $275.5 million for the comparable period of 2016.

Frost bought 60,000 shares on Apr. 20 at a price of $3.12; 75,000 shares on Apr. 23 at a price of $3.04; 75,000 shares on Apr. 24 at a price of $2.97; 55,372 shares on Apr. 25 at a price of $2.99; and 31,800 shares on Apr. 26 at a price of $3.03. The price of the stock has increased by 4.29% since.

Director Robert Scott Fishel bought 10,000 shares on Apr. 6 at a price of $3.16; 10,000 shares on Apr. 13 at a price of $3.02; 15,000 shares on Apr. 16 at a price of $3.01; and 12,500 shares on Apr. 25 at a price of $2.97. The price of the stock has increased by 6.4% since.

Superior Energy Services CEO bought 30,000 shares

Superior Energy Services Inc. (SPN, Financial) President and CEO David D. Dunlap bought 30,000 shares on Apr. 26 at a price of $10.89. The price of the stock has decreased by 1.01% since.

Superior Energy Services is a part of the oil and gas sector. Its core business is to provide equipment and services to cater to the companies involved in oil and gas drilling and exploration. The company has a market cap of $1.66 billion. Its shares traded at $10.78 as of April 27.

Net loss for the first quarter of 2018 was $59.9 million compared to net income of $21.9 million for the prior-year period.

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.