Largest Insider Trades of the Week

Insiders load up on Dell Technologies, dump XPO Logistics

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Mar 22, 2020
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The GuruFocus All-in-One Screener 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 “$5,000,000+,” the duration to “March 2019” and All Insider Sales to “$5,000,000+.”

According to these filters, the following are this past week's most significant trades from company insiders.

Dell Technologies

CEO Michael S. Dell bought 828,199 shares of Dell Technologies Inc. (DELL, Financial) for an average price of $31.70 per share on March 20.

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The technology giant, which provides servers and storage products, has a market cap of $24.06 billion and an enterprise value of $71.55 billion. It has institutional ownership of 11.39% and insider ownership of 0.22%.

Over the past 12 months, the stock has declined 45%. As of Friday, it was trading 53.95% below its 52-week high and 27.36% above its 52-week low.

Westlake Chemical

TTWFGP LLC, 10% owner, Executive Vice President Roger L. Kearns and Vinyls Chemicals bought a combined 660,000 shares of Westlake Chemical Corp. (WLK, Financial) for an average price of $32.7 per share on March 16, 17, 18 and 19.

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The chemical products manufacturer has a market cap of $4.34 billion and an enterprise value of $7.95 billion. It has institutional ownership of 19.02% and insider ownership of 0.63%.

Over the past 12 months, the stock has declined 51%. As of Friday, it was trading 56.71% below its 52-week high and 16.59% above its 52-week low.

Delek US Holdings

Carl C. Icahn, 10% owner of Delek US Holdings Inc. (DK, Financial), bought 1.1 million shares for an average price of $10.66 per share on March 19.

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The integrated energy company has a market cap of $1.11 billion and an enterprise value of $2.57 billion. It has institutional ownership of 77.79% and insider ownership of 1.41%.

Over the past 12 months, the stock has tanked 57%. As of Friday, it was trading 65.79% below its 52-week high and 93.58% above its 52-week low.

Prospect Capital

John F. Barry, CEO and 10% owner of Prospect Capital Corp. (PSEC, Financial), bought 14 million shares for an average price of $4.77 per share on March 16, 17 and 18.

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The closed-end investment company has a market cap of $1.76 billion and an enterprise value of $3.77 billion. It has institutional ownership of 3.64% and insider ownership of 11.4%.

Over the past 12 months, the shares have declined 27.38%. As of Friday, the stock was trading 30.08% below its 52-week high and 20% above its 52-week low.

ACADIA Pharmaceuticals

Baker Bros. Advisors LP, director and 10% owner of ACADIA Pharmaceuticals Inc. (ACAD, Financial), bought 1 million shares for an average price of $32.05 per share on March 18.

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The biotechnology company has a market cap of $5.18 billion and enterprise value of $4.50 billion. It has institutional ownership of 56.81% and insider ownership of 0.37%.

Over the past 12 months, the shares have risen 27.27%. As of Friday, it was trading 37.86% below its 52-week high and 54.78% above its 52-week low.

Alexion Pharmaceuticals

Baker Bros. Advisors LP, director of Alexion Pharmaceuticals Inc. (ALXN, Financial), bought 81,379 shares for an average price of $82.01 per share on March 18.

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The developer and marketer of drugs for rare medical conditions has a market cap of $17.79 billion and enterprise value of $17.71 billion. It has institutional ownership of 58.86% and insider ownership of 1.12%.

Over the past 12 months, the shares have declined 38.97%. As of Friday, the stock was trading 43.36% below its 52-week high and 10.57% above its 52-week low.

XPO Logistics

Spruce House Partnership LLC sold 663,760 shares of XPO Logistics Inc. (XPO, Financial) for an average price of $44.59 per share on March 18.

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The transportation and logistics company has a market cap of $3.76 billion and enterprise value of $11.09 billion. It has institutional ownership of 64.09% and insider ownership of 6.15%.

Over the past 12 months, the stock declined 19%. As of Friday, it was trading 59.38% below its 52-week high and 5.77% above its 52-week low.

Eldorado Resorts

Recreational Enterprises Inc. sold 2.5 million shares of Eldorado Resorts Inc. (ERI, Financial) for an average price of $11.36 per share on March 18.

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The travel and leisure company has a market cap of $686 million and an enterprise value of $3.21 billion. It has insider ownership of 1.58% and institutional ownership of 55.6%.

Over the past 12 months, the stock has fallen 81%. As of Friday, shares were trading 87.53% below the 52-week high and 46.51% above the 52-week low.

Liberty Broadband

Liberty Broadband Corp. (LBRDA, Financial) Director J. David Wargo sold 102,484 shares for an average price of $94.20 per share on March 18.

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The company operates in the telecommunications industry. It has a market cap of $16.44 billion and enterprise value of $16.97 billion. It has insider ownership of 1.6% and institutional ownership of 5.21%.

Over the past 12 months, the stock has declined 6.27%. As of Friday, shares were trading 36.90% below the 52-week high and 9.03% above the 52-week low.

Peloton Interactive

Peloton Interactive Inc. (PTON, Financial) 10% owner Hadley Harbor Master Investors sold a combined 3.4 million shares for an average price of $25.96 per share on March 17 and 19.

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The interactive fitness platform has a market cap of $6.46 billion and enterprise value of $5.47 billion.

Over the past three months, the stock has declined 23.27%. As of Friday, shares were trading 33.50% below the 52-week high and 30% above the 52-week low.

Slack Technologies

Slack Technologies Inc. (WORK, Financial) Director John O’Farrell sold 892,990 shares for an average price of $20.54 per share on March 17 and 19.

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The developer of software to connect people and business’ data has a market cap of $12.38 billion and enterprise value of $11.85 billion. It has insider ownership of 0.19% and institutional ownership of 32.28%.

Over the past three months, the stock has risen 3.35%. As of Friday, shares were trading 27.04% below the 52-week high and 47.22% above the 52-week low.

Disclosure: I do not own any stocks mentioned.

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