The GuruFocus All-in-One Screener, a Premium feature, can be used to find insider trades from a specific period of time or for a certain range of values. For these stock picks, I went under the Insiders tab and changed the settings for All Insider Buying to “$200,000+,” the duration to “December 2019” and All Insider Sales to “$200,000+.”
According to these filters, the following are significant trades from company insiders this week.
Voya Prime Rate Trust
10% owner Saba Capital Management bought 259,077 shares of Voya Prime Rate Trust (PPR) for an average price of $5 per share on Dec. 24.
The closed-end management investment company has a market cap of $737.46 million, an institutional ownership of 54.82% and an insider ownership of 0.05%.
Over the past 12 months, the stock gained 8.95%. As of Friday, it was trading 0.4% below its 52-week high and 11.38% above its 52-week low.
Athenex
Perceptive Life Science Mater bought 606,302 shares of Athenex Inc. (ATNX) for an average price of $14.03 per share on Dec. 23.
The biopharmaceutical company has a market cap of $1.18 billion and an enterprise value of $1.12 billion. It has institutional ownership of 65.87% and an insider ownership of 9.32%.
Over the past 12 months, the stock has risen 12.84%. As of Friday, it was trading 28% below its 52-week high and 72.34% above its 52-week low.
Eastman Kodak
Executive Chairman James V. Continenza bought 400,000 shares of Eastman Kodak Co. (KODK) for an average price of $2.50 per share on Dec. 23.
The camera company has a market cap of $153.01 million and an enterprise value of $276 million. It has an institutional ownership of 52.44% and an insider ownership of 12.58%.
Over the past 12 months, the stock has risen 35.11%. As of Friday, it was trading 6.35% below its 52-week high and 89.30% above its 52-week low.
Alector
Orbimed Advisor LLC, 10% owner of Alector Inc. (ALEC), sold 519,385 shares for an average price of $19.66 per share on Dec. 26.
The company, which operates in the biotechnology industry, has a market cap of $1.25 billion, an insider ownership of 8.04% and an institutional ownership of 58.86%.
Over the past 12 months, the stock price has shown no net change, and as of Friday, shares were trading 13.6% below the three-month high and 32.53% above the three-month low.
Western Asset High Income Fund II
Western Asset High Income Fund II Inc. (HIX) 10% owner, Saba Capital Management, L.P, sold 502,262 shares for an average price of $6.65 on Dec. 24.
The company, which operates in the asset management industry, has a market cap of $568.84 million, an insider ownership of 52.22% and institutional ownership of 41.98%.
Over the past 12 months, the stock has risen 16.38%. As of Friday, shares were trading 6.18% below the 52-weeks high and 19.29% above the 52-weeks low.
Nike
Eric D. Sprunk, Chief Operating Officer of Nike Inc. (NKE), sold 120,000 shares for an average price of $100.11 on Dec. 24.
The company, which designs, produces and sells athletic footwear and apparel, has a market cap of $157.21 billion and an enterprise value of $160.39 billion. It has insider ownership of 1.15% and institutional ownership of 93.2%.
Over the past 12 months, the stock has climbed 37.32%. As of Friday, shares were trading 0.68% below the 52-week high and 41.87% above the 52-week low.
Disclosure: I do not own any stocks mentioned.
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