According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
Tesla CEO bought 33,000 shares
Tesla Inc. (TSLA, Financial) CEO and 10% Owner Elon Musk bought 33,000 shares on May 7 at a price of $298.50. The price of the stock has increased by 0.86% since.
Tesla is a vertically integrated sustainable energy company. It designs, develops, manufactures and sells high-performance fully electric vehicles and electric vehicle powertrain components. The company ahs a market cap of $51.12 billion. Its shares traded at $301.06 as of May 11.
Net loss for the first quarter of 2018 was $784.63 million compared to $397.18 million for the prior-year period.
Sohu.com CEO bought 100,000 shares
Sohu.com Inc (SOHU, Financial) CEO and 10% Owner Charles Zhang bought 100,000 shares on May 9 at a price of $35.34. The price of the stock has increased by 1.02% since.
Sohu.com is a Chinese online media, search and game service group. It provides comprehensive online products and services on PCs and mobile devices in the People's Republic of China. The company has a market cap of $1.40 billion. Its shares traded at $35.70 as of May 11.
Net loss for the first quarter of 2018 was $93 million compared to $69 million in the first quarter of 2017.
Zhang also bought 128,940 shares on May 1 at a price of $30.89. The price of the stock has increased by 15.57% since.
10% Owner Group Ltd. Photon bought 128,940 shares on May 1 at a price of $30.89 and 100,000 shares on May 9 at a price of $35.34. The price of the stock has increased by 1.02% since.
American Assets Trust CEO bought 52,272 shares
American Assets Trust Inc. (AAT, Financial) Chairman, CEO, President and 10% Owner Ernest S. Rady bought 52,272 shares during the past week at an average price of $34.92.
American Assets Trust is a self-administered real estate investment trust based in the U.S. The company mainly invests in, operates and develops retail, office, residential and mixed-use properties in California, Oregon and Hawaii. The company has a market cap of $2.27 billion. Its shares traded at $35.25 with a price-earnings (P/E) ratio of 56.67 as of May 11.
Net loss for the first quarter of 2018 was $500,000 compared to net income of $7.4 million for the first quarter 2017.
Rady bought 47,562 shares on May 9 at a price of $34.90 and 4,710 shares on May 11 at a price of $35.17. The price of the stock has increased by 0.23% since.
Ameriprise Financial CEO bought 7,400 shares
Ameriprise Financial Inc. (AMP, Financial) Chairman and CEO James M. Cracchiolo bought 7,400 shares on May 10 at a price of $136.04. The price of the stock has increased by 0.76% since.
Ameriprise Financial is a diversified financial services company. It offers products and services designed to achieve the financial objectives of individual and institutional clients. It also has the largest branded advisor networks in the industry. The company has a market cap of $19.82 billion. Its shares traded at $137.07 with a price-earnings (P/E) ratio of 14.52 as of May 11.
Net income for the first quarter of 2018 was $594 million compared to $ 403 million for the prior-year period.
Executive Vice President and Chief Financial Officer Walter Stanley Berman bought 3,728 shares on May 2 at a price of $134.12. The price of the stock has increased by 2.2% since.
Dentsply Sirona CEO bought 22,500 shares
Dentsply Sirona Inc. (XRAY, Financial) President and CEO Donald M. Casey Jr. bought 22,500 shares on May 9 at a price of $44.52. The price of the stock has increased by 5.41% since.
Dentsply Sirona is a designer, developer, manufacturer and marketer of consumable dental products for the professional dental market. It also manufactures and markets other consumable medical device products. The company has a market cap of $10.67 billion. Its shares traded at $46.93 as of May 11.
Net income for the first quarter of 2018 was $81.2 million compared to net income of $59.8 million in the first quarter of 2017.
Executive Vice President and Chief Financial Officer Nicholas W. Alexos bought 50,000 shares on May 9 at a price of $44.71. The price of the stock has increased by 4.97% since.
Director Michael J. Coleman sold 414 shares on May 10 at a price of $46.66. The price of the stock has increased by 0.58% 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.
