Weekly Top Insider Buys Highlight for the Week of March 29

The largest Insider Buys this week were for Aflac Inc. (AFL), New York Community Bancorp Inc. (NYCB), Perspecta Inc. (PRSP), and Linde PLC (LIN).

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Mar 31, 2019
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The largest Insider Buys this week were for Aflac Inc. (AFL, Financial), New York Community Bancorp Inc. (NYCB, Financial), Perspecta Inc. (PRSP, Financial), and Linde PLC (LIN, Financial).

Aflac Inc. (AFL, Financial): Director Karole Lloyd bought 2,000 shares

Director Karole Lloyd bought 2,000 shares of AFL stock on March 22 at the average price of $49.83. The price of the stock has increased by 0.34% since.

Aflac Inc. is an American international insurance company and is the largest provider of supplemental insurance in the United States. The company underwrites a wide range of insurance policies and is best known for its payroll deduction insurance coverage. The company serves more than 50 million customers worldwide. The company has a market capitalization of $37.44 billion, and as of March 29 it traded at $50.00.

On March 8 Aflac Inc. announced that it has been included again on the Fortune’s list of the World’s Most Admired Companies for 2019. This is the company’s 18th year of being voted into this list by industry peers.

New York Community Bancorp Inc. (NYCB, Financial): Director Dominick Ciampa bought 34,000 shares­­­

Director Dominick Ciampa bought 34,000 shares of NYCB stock on March 27 at the average price of $11.61. The price of the stock has decreased by 0.34% since.

New York Community Bancorp Inc. is an American Fortune 1000 bank that has 227 branches in New York, New Jersey, Ohio, Florida, and Arizona. The bank has over $50 billion in assets, making it one of the 25 largest bank holding companies in the United States. The company has a market capitalization of $5.41 billion, and as of March 29 it traded at $11.57.

On Feb. 22 New York Community Bancorp Inc. announced that its Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock of $15.94 per preferred share. This equates to $0.3984 for each depositary share. The dividend was paid on March 17 to shareholders of record at the close of business on March 7.

Perspecta Inc. (PRSP, Financial): CFO John Kavanaugh bought 2,398 shares

CFO John Kavanaugh bought 2,398 shares of PRSP stock on March 21 at the average price of $21.08. The price of the stock has decreased by 4.08% since.

Perspecta Inc. is an American government services provider that focuses on providing services in defense, intelligence, civilian, and health care for United States government customers. The company has over 260 issued, licensed, and pending patents and employs more than 14,000 individuals. The company has a market capitalization of $3.31 billion, and as of March 29 it traded at $20.22.

On March 27 Perspecta Inc. announced that it was awarded a contract from the U.S. Department of Veterans Affairs to continue providing maintenance and support for the Veterans Health Information Systems and Technology Architecture, the agency’s electronic health records system. The contract has a one-year base and four, one-year options with a potential ceiling value of $155 million.

Linde PLC (LIN, Financial): Director Thomas Enders bought 6,600 shares

Director Thomas Enders bought 6,600 shares of LIN stock on March 22 at the average price of $172.16. The price of the stock has increased by 2.19% since.

Linde PLC is an Irish international chemical company formed from the merger of Linde AG of Germany and Praxair of the United States. The company is the world’s largest industrial gas company by market share as well by revenue, and it is also a component of the S&P 500. The company has a market capitalization of $98.19 billion, and as of March 29 it traded at $175.93.

On Feb. 28 Linde PLC announced that it has signed a contract with U.S. industrial gas company, Praxair Inc., to supply a hydrogen power plant. The new plant will be part of Praxair’s hydrogen system in Louisiana.

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.