The largest insider buys this week were in Medtronic PLC (MDT, Financial), Workday Inc. (WDAY, Financial), Keurig Dr Pepper Inc. (KDP, Financial) and Occidental Petroleum Corp. (OXY, Financial).
Medtronic director bought 5,000 shares
Director Richard H. Anderson bought 5,000 shares on Dec. 6 for an average price of $113.29. The share price has increased by 0.2% since then.
Medtronic is an international medical instrument company headquartered in Dublin, Ireland, with their operational headquarters in Fridley, Minnesota. It is one of the world’s largest medical equipment development companies, with operations in more than 140 countries. The company has a market capitalization of $152.16 billion; as of Dec. 13, it traded at $113.52.
On Dec. 6, Medtronic announced that the board of directors approved a cash dividend of 54 cents per common share for the third quarter of fiscal 2020. The dividend is payable on Jan. 17, 2020 to shareholders of record at the close of business on Dec. 27.
Workday director bought 10,000 shares
Director Lee J. Styslinger III bought 10,000 shares on Dec. 5 for an average price of $164.54. The stock has decreased by 3.09% since then.
Workday is an American cloud computing and software company that focuses on providing on-demand, cloud-based financial and human capital management. The company is a component of the Nasdaq 100. It has a market capitalization of $36.68 billion; as of Dec. 13, it traded at $159.46.
On Dec. 9, Workday announced it has completed the acquisition of Scout RFP, a cloud-based platform for strategic sourcing and supplier engagement. Clients can now expand how they plan, execute and analyze in one system with the new services offered by Scout RFP, which will operate as a Workday company.
Keurig Dr Pepper chief human resources officer bought 6,500 shares
Chief Human Resources Officer Mary Beth Denooyer bought 6,500 shares on Dec. 10 at the average price of $29.12. The share price has declined 1.24% since then.
Keurig Dr Pepper is an American beverage conglomerate. Its East Coast division sells coffee, beverages and Keurig brewers. As of July 2018, the company also sells sodas, juices and other soft drinks from its Dr Pepper Snapple division in Texas. The company has a market capitalization of $40.46 billion; as of Dec. 13, it traded at $28.76.
On Nov. 7, Keurig Dr Pepper reported financial results for the third quarter. Net sales grew 5.1% to $2.87 billion compared to the prior-year period, while operating income increased 68% to $580 million. Earnings per diluted share climbed 91% to 21 cents from a year ago. Performance was impacted by the merger between Keurig Green Mountain and Dr Pepper Snapple Group in July 2018.
Occidental Petroleum director bought 12,900 shares
Director Jack B. Moore bought 12,900 shares on Dec. 6 for an average price of $38.61. The stock has fallen 2.33% since then.
Occidental Petroleum is an international oil and gas exploration and production company. The company has operations in the U.S., the Middle East and Latin America and is engaged in petrochemical manufacturing in the U.S., Canada and Chile. The company was the ninth-largest petroleum producer in Texas in 2018. Occidental has a market capitalization of $33.69 billion; as of Dec. 13, it traded at $37.71.
On Nov. 6, Occidental Petroleum announced the board of directors declared a regular quarterly dividend of 79 cents per share. The dividend will be payable on Jan. 15, 2020 to stockholders of record at the close of business on Dec. 10.
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.
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