Weekly CEO Buys Highlight

CEOs bought shares of the following companies: Martin Midstream Partners, Yum China Holdings, LCI Industries, American Assets Trust and OPKO Health.

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Jun 11, 2018
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According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Martin Midstream Partners CEO bought 150,000 shares

Martin Midstream Partners LP (MMLP, Financial) President, CEO and 10% Owner Ruben S. Martin bought 150,000 shares on June 7 at a price of $14.90. The price of the stock has decreased by 1.01% since.

Martin Midstream Partners provides terminalling and storage services for petroleum products and by-products; natural gas services; sulfur and sulfur-based products and marine transportation services. The company has a market cap of $576.02 million. Its shares traded at $14.75 with a price-earnings ratio of 33.52 as of June 8.

Net income for the first quarter of 2018 was $12.8 million.

Martin also bought 102 shares on May 17 at a price of $14.78. The price of the stock has decreased by 0.2% since.

Executive Vice President and Chief Financial Officer Robert D. Bondurant bought 479 shares on May 17 at a price of $14.78. The price of the stock has decreased by 0.2% since.

Executive Vice President and Chief Operating Officer Randall Tauscher bought 316 shares on May 17 at a price of $14.78. The price of the stock has decreased by 0.2% since.

Senior Vice President of Operations Scot A. Shoup bought 52 shares on May 17 at a price of $14.78. The price of the stock has decreased by 0.2% since.

Executive Vice President, General Counsel and Secretary Chris H. Booth bought six shares on May 17 at a price of $14.78. The price of the stock has decreased by 0.2% since.

10% Owner Product Sales LLC Martin sold 150,000 shares on June 7 at a price of $14.9. The price of the stock has decreased by 1.01% since.

Yum China Holdings CEO bought 24,400 shares

Yum China Holdings Inc. (YUMC, Financial) CEO Joey Wat bought 24,400 shares on June 7 at a price of $40.97. The price of the stock has increased by 1.78% since.

Yum China Holdings is a restaurant company. It holds the right to operate various restaurant chains including KFC, Pizza Hut Casual Dining, Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. The company has a market cap of $16.1 billion. Its shares traded at $41.70 with a price-earnings ratio of 34.32 as of June 8.

Net income for the first quarter of 2018 was $288 million compared to $204 million in the prior year period.

Chief People Officer Aiken Yuen sold 1,805 shares on May 22 at a price of $38.96. The price of the stock has increased by 7.03% since.

LCI Industries CEO bought 6,000 shares

LCI Industries Inc. (LCII, Financial) CEO Jason Lippert bought 6,000 shares on June 4 at a price of $83.83. The price of the stock has increased by 12.85% since.

LCI Industries supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. The company has a market cap of $2.39 billion. Its shares traded at $94.60 with a price-earnings ratio of 18.05 as of June 8.

Net income for the first quarter of 2018 was $47.34 million compared to $43.15 million for the prior year period.

President Scott T. Mereness bought 4,000 shares on June 1 at a price of $85. The price of the stock has increased by 11.29% since.

Director Virginia Henkels bought 2,000 shares on May 16 at a price of $88.55. The price of the stock has increased by 6.83% since.

American Assets Trust CEO bought 10,000 shares

American Assets Trust Inc. (AAT, Financial) Chairman, CEO, President and 10% Owner Ernest S. Rady bought 10,000 shares on June 4 at a price of $36.48. The price of the stock has increased by 2.06% since.

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 $2.40 billion. Its shares traded at $37.23 with a price-earnings ratio of 59.86 as of June 10.

Net loss for the first quarter of 2018 was $500,000 compared to net income of $7.4 million for the first quarter of 2017.

Rady also bought 44,367 shares on May 18 at a price of $34.41 and 64,125 shares on May 14 at a price of $35.04. The price of the stock has increased by 6.25% since.

OPKO Health CEO bought 40,000 shares

OPKO Health Inc. (OPK, Financial) CEO, Chairman, and 10% Owner Phillip Frost bought 40,000 shares during the past week at a price of $4.05.

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 $2.07 billion. Its shares traded at $4.26 as of June 10.

Net loss for the first quarter of 2018 was $43.1 million compared to a net loss of $34.5 million for the comparable period of 2017.

Frost bought 40,000 shares on May 23 at a price of $3.73; 10,000 shares on May 25 at a price of $3.70; 3,900 shares on May 31 at a price of $3.76; 30,000 shares on June 6 at a price of $4.05; and 10,000 shares on June 7 at a price of $4.04. The price of the stock has increased by 5.45% since.

Director Robert Scott Fishel bought 1,800 shares on May 14 at a price of $4.79 and 2,500 shares on May 29 at a price of $3.73. The price of the stock has increased by 14.21% 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.