Insiders Week: Macquarie, Darden Restaurants

Largest insider trades of the last 7 days

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Jun 29, 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 “June 2018.” Set All Insider Sales to “$5,000,000+.”

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

Ten percent owner of Macquarie Infrastructure Corp. (MIC), Macquarie Group Ltd., bought a 536,952 shares for $42.30 per share on June 28 and 25.

The company invests in a diversified group of infrastructure businesses. It has a market cap of $3.59 billion and an enterprise value of $7.34 billion. It has an institutional ownership of 72.26% and insider ownership of 0.74%.

Over the past 12 months, the stock price has dropped 46% and is currently 46.75% below its 52-week high and 16.66% above its 52-week low.

Eastern Capital Ltd., 10% owner of iBio Inc. (IBIO), bought 1,683,334 shares for 90 cents per share on June 26.

The company commercializes its proprietary platform technologies, iBioLaunch. It has a market cap of $13.31 million and an enterprise value of $35.04 million. It has an institutional ownership of 0.24% and insider ownership of 5.25%.

Over the past 12 months, the stock price has fallen 78% and is currently 84.73% below its 52-week high and 8.44% above its 52-week low.

Director and 10% Owner of DDR Corp. (DDR), Otto Alexander, bought 637,583 shares for $17.84 per share on June 26.

The real estate investment trust has a market cap of $3.32 billion and an enterprise value of $7.57 billion. It has an institutional ownership of 0.55% and insider ownership of 23.33%.

The stock price is currently 17.33% below its 52-week high and 35.52% above its 52-week low.

Most important insider sales

Senior Vice President and General Manager, Wireless Semicon Division of Broadcom Inc. (AVGO), Bryan Ingram, sold 20,000 shares for $251.31 per share on June 27.

The company develops and supplies analog and digital semiconductor connectivity solutions. It has a market cap of $105.72 billion and an enterprise value of $115.13 billion. It has an institutional ownership of 26.80% and insider ownership of 0.35%.

Over the past 12 months, the stock price has increased 5% and is currently 14.27% below its 52-week high and 10.33% above its 52-week low.

On June 27, director Margaret C. Whitman sold 337,000 shares in Hewlett Packard Enterprise Co. (HPE) for $15.08 per share.

The technology company has a market cap of $22.27 billion and an enterprise value of $29.14 billion. It has an institutional ownership of 78.49% and insider ownership of 0.21%.

Over the past 12 months, the stock price has increased 15% and is currently 24.47% below its 52-week high and 15.92% above its 52-week low.

President and CEO of Darden Restaurants Inc. (DRI) Eugene JR Lee I sold 60,973 shares for $107.34 per share on June 27.

The company operates in the food and beverage industry has a market cap of $13.37 billion and an enterprise value of $14.15 billion. It has an institutional ownership of 85.63% and insider ownership of 2.72%.

Over the past 12 months, the stock price has increased 19% and is currently 1.40% below its 52-week high and 41.60% above its 52-week low.

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