According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
Hersha Hospitality Trust
Hersha Hospitality Trust (HT, Financial) CEO Jay H. Shah bought 7,300 shares on Jan. 7 at a price of $13.51. The price of the stock has decreased by 0.15% since.
Hersha Hospitality Trust is a U.S. real estate investment trust that invests primarily in upscale, mid-scale and extended-stay hotels in urban gateway markets, including New York, Washington DC, Boston, Philadelphia, South Florida, Connecticut and select markets on the West Coast.
The company has a market cap of $521 million. Its shares traded at $13.49 as of Jan. 10.
Net loss for the third quarter of 2019 was $5.4 million compared to a loss of $3.2 million in the third quarter of 2018.
President and Chief Operating Officer Neil H. Shah bought 7,300 shares on Jan. 7 at a price of $13.51. The price of the stock has decreased by 0.15% since.
Director Thomas J. Hutchison III sold 5,000 shares on Dec. 26 at a price of $14.54. The price of the stock has decreased by 7.22% since.
OPKO Health
OPKO Health Inc. (OPK, Financial) CEO, Chairman and 10% Owner Phillip Frost bought 50,000 shares on Jan. 8 at a price of $1.47. The price of the stock has decreased by 1.36% since.
OPKO Health is a diversified biotechnology company that operates pharmaceutical and diagnostic development programs. Its diagnostics business includes a core genetic testing operation. It has a development and commercial supply pharmaceutical company, as well as a global supply-chain operation and holding company in Ireland. It also owns a specialty active pharmaceutical ingredients manufacturer in Israel.
The company has a market cap of $965 million. Its shares traded at $1.45 as of Jan. 10.
Net loss for the third quarter of 2019 was $62.01 million compared to a net loss of $27.66 million in the prior-year quarter.
Frost bought 150,000 shares on Dec. 18 at a price of $1.5; 100,000 shares on Dec. 19 at a price of $1.48; 100,000 shares on Dec. 27 at a price of $1.53; and 100,000 shares on Dec. 30 at a price of $1.46. The price of the stock has decreased by 0.68% since.
For the complete list of stocks bought by their company CEOs, go to: CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
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