Weekly CEO Buys Highlight

Details the CEO buys this past week from the following companies: Energy Transfer Partners, RH, New Mountain Finance, The Brink's Co. and Athenex

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Sep 17, 2018
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According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Energy Transfer Partners CEO bought 2,000,000 shares

Energy Transfer Partners LP (ETP, Financial) CEO Kelcy L. Warren bought 2,000,000 shares on Sept. 10 at a price of $22.42. The price of the stock has decreased by 0.67% since.

Energy Transfer Partners LP is engaged in crude oil operations, consisting of an integrated set of pipeline, terminalling, and acquisition and marketing of crude oil from producers to end-user markets. The company has a market cap of $25.98 billion. Its shares traded at $22.27 with a price-earnings ratio of 20.64 as of Sept. 14.

Net income for the second quarter of 2018 was $602 million compared to $296 million for the comparable period of 2017.

RH CEO bought 7,622 shares

RH (RH, Financial) Chairman, CEO and 10% Owner Gary G. Friedman bought 7,622 shares on Sept. 13 at a price of $131.19. The price of the stock has increased by 4.2% since.

RH, formerly Restoration Hardware Holdings Inc., is a luxury brand in the home furnishings marketplace offering furniture, lighting, textiles, outdoor and garden products. It offers collections through its retail galleries, source books and websites. The company has a market cap of $3.04 billion. Its shares traded at $136.7 with a price-earnings ratio of 31.99 as of Sept. 14.

Net income for the second quarter of 2018 was $64.04 million compared to net loss of $7.86 million for the comparable period last year.

Director Ali Rowghani sold 3,024 shares on Sept. 12 at a price of $129.68. The price of the stock has increased by 5.41% since.

New Mountain Finance CEO bought 15,000 shares

New Mountain Finance Corp. (NMFC, Financial) CEO Robert Hamwee bought 15,000 shares on Sept. 6 at a price of $13.70. The price of the stock has decreased by 1.09% since.

New Mountain Finance is an investment management company. It invests in equity interests such as preferred stock, common stock, warrants or options received in connection with debt investments. The company has a market cap of $1.03 billion. Its shares traded at $13.55 with a price-earnings ratio of 7.28 as of Sept. 14.

Net investment income for the second quarter of 2018 was $25.72 million compared to $25.80 million for the prior-year period.

President and Chief Operating Officer John Kline bought 17,250 shares on Sept. 12 at a price of $13.77. The price of the stock has decreased by 1.6% since.

Executive Vice President and Chief Administrative Officer and Director Adam Weinstein bought 12,000 shares on Sept. 6 at a price of $13.74. The price of the stock has decreased by 1.38% since.

Section 16 Officer James Stone bought 4,000 shares on Sept. 6 at a price of $13.73. The price of the stock has decreased by 1.31% since.

The Brink's Co. CEO bought 2,000 shares

The Brink's Co. (BCO, Financial) President and CEO Douglas A. Pertz bought 2,000 shares on Sept. 6 at a price of $70.03. The price of the stock has increased by 1.74% since.

The Brink's Co., along with its subsidiaries, provides secure logistics and security solutions including cash-in-transit, ATM replenishment and maintenance, cash management services, including vault outsourcing, money processing and intelligent safe services. The company has a market cap of $3.63 billion. Its shares traded at $71.25 as of Sept. 14.

Net loss for the second quarter of 2018 was $107.9 million compared to net income of $14.2 million for the prior-year period.

Executive Vice President and Chief Financial Officer Ronald James Domanico bought 2,000 shares on Sept. 7 at a price of $69.45. The price of the stock has increased by 2.59% since.

Athenex CEO bought 5,000 shares

Athenex Inc. (ATNX, Financial) CEO, Chairman of the board and 10% Owner Johnson Yiu Nam Lau bought 5,000 shares on Sept. 6 at a price of $15.84. The price of the stock has increased by 4.23% since.

Athenex is a global biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapies for the treatment of cancer. The company has a market cap of $1.09 billion. Its shares traded at $16.51 as of Sept. 14.

Net loss for the second quarter of 2018 was $36.9 million compared to a net loss of $38.6 million in the same period last year.

Director Jinn Wu bought 5,000 shares on Aug. 20 at a price of $17.2 and 2,500 shares on Sept. 6 at a price of $16.09. The price of the stock has decreased by 2.61% since.

Director Song-yi Zhang sold 25,748 shares on Aug. 23 at a price of $17.28; 53,439 shares on Aug. 27 at a price of $17.11; and 51,029 shares on Aug. 29 at a price of $16.61. The price of the stock has decreased by 0.6% 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.