The largest Insider Buys this week were for Kimco Realty Corp. (KIM, Financial), Tractor Supply Co. (TSCO, Financial), Ecolab Inc. (ECL, Financial), and DISH Network Corp. (DISH, Financial).
Kimco Realty Corp. (KIM, Financial): Director Philip E. Coviello Jr. bought 5,500 shares
Director Philip E. Coviello Jr. bought 5,500 shares of KIM stock on Aug. 1 at the average price of $16.46. The price of the stock has increased by 3.83% since.
Kimco Realty Corp. is an American real estate investment trust and North America’s largest publicly traded owner and operator of open-air shopping centers. As of 2016, the company owns interests in 524 shopping centers in the United States, comprising of 85 million square feet across 35 states and Puerto Rico. The company has a market capitalization of $7.20 billion, and as of Aug. 3 it traded at $17.09.
On July 26 Kimco Realty Corp. reported second quarter 2018 results. Net income per diluted share for the quarter was $0.36, compared to $0.31 during the same quarter prior year. Funds from operations was $155.7 million, or $0.37 per diluted share, for the quarter compared to $160.7 million, or $0.38 per diluted share, during the same quarter prior year.
Tractor Supply Co. (TSCO, Financial): Director Jackson L. Denise bought 100 shares
Director Jackson L. Denise bought 100 shares of TSCO stock on July 31 at the average price of $77.52. The price of the stock has increased by 1.42% since.
Tractor Supply Co. is an American retail chain of stores that specializes in areas such as home improvement, agriculture, lawn and garden maintenance, and livestock and pet care. It is one of the largest U.S. retailers in its market and it is a component of the S&P 500. The company has a market capitalization of $9.595 billion, and as of Aug. 3 it traded at $78.62.
On July 26 Tractor Supply Co. reported second quarter 2018 results. Net sales increased 9.7% to $2.21 billion for the quarter from $2.02 billion during the second quarter of 2017. Diluted earnings per share increased 35.2% to $1.69 and gross profit increased 9.2% to $769.4 million.
Ecolab Inc. (ECL, Financial): Director David MacLennan bought 500 shares
Director David MacLennan bought 500 shares of ECL stock on Aug. 2 at the average price of $146.40. The price of the stock has increased by 0.49% since.
Ecolab Inc. is an American global provider of water, hygiene, energy, food, and healthcare technologies. The company’s food safety services provide consulting to restaurants, hospitals, food retailers, and food and beverage manufacturing facilities. The company has a market capitalization of $42.447 billion, and as of Aug. 3 it traded at $147.12.
On Aug. 2 Ecolab Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.41 per common share. The dividend will be payable on Oct. 15 to shareholders of record at the close of business on Sept. 18.
DISH Network Corp. (DISH, Financial): Executive Vice President James Defranco bought 10,000 shares
Executive Vice President James Defranco bought 10,000 shares of DISH stock on July 30 at the average price of $30.35. The price of the stock has increased by 12.69% since.
DISH Network Corp. is an American satellite and television company that focuses on direct-broadcast satellite service. The company provides satellite television, audio programming, and interactive television services to both commercial and residential customers. The company has a market capitalization of $15.984 billion, and as of Aug. 3 it traded at $34.20.
On June 29 DISH Network Corp. announced that negotiations with Univision Communications Inc. have reached an apparent roadblock following unmanageable demands by Univision Communications and the company’s sudden departure from the negotiating table. DISH Network Corp. is preparing for Univision to block DISH customers from its channels.
For the complete list of stocks that were bought by their company executives, go to: Insider Trades.
Disclosure: I do not own stock in any of the companies mentioned in the article.
