Insiders Roundup: Procter & Gamble, Uber

Largest insider trades of the week

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Apr 26, 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 “$2,000,000+,” the duration to “April 2020” and All Insider Sales to “$2,000,000+.”

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

Myovant Sciences

Sumitomo Chemical Co. Ltd., 10% owner of Myovant Sciences Ltd. (MYOV), bought a combined 220,500 shares for an average price of $11.48 on April 20 and April 22.

The clinical-stage biopharmaceutical company has a market cap of $1.11 billion and an enterprise value of $1.13 billion. It has institutional ownership of 21.37% and insider ownership of 2.11%.

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Over the past 12 months, the stock has lost 30%. As of Friday, it was trading 37.08% below its 52-week high and 197.58% above its 52-week low.

VOXX International

10% owner Kahil Beat bought a combined 379,826 shares of VOXX International Corp. (VOXX) for an average price of $4.53 per share on April 22 and April 20.

The company, which provides consumer electronic products in the automotive industry, has a market cap of $118.88 million and an enterprise value of $80.80 million. It has institutional ownership of 17.94% and insider ownership of 10.16%

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Over the past 12 months, the stock has gained 10.47%. As of Friday, it was trading 8.49% below its 52-week high and 173.28% above its 52-week low.

Voya Prime Rate Trust

Saba Capital Management L.P., 10% owner of Voya Prime Rate Trust (PPR), bought 314,293 shares of the company at the average price of $3.96 per share on April 21.

The American closed-end management investment company has a market cap and enterprise value of $589.67 million. It has institutional ownership of 16.38% and insider ownership of 0.09%.

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Over the past 12 months, the shares have decreased 17.03%. As of Friday, the stock was trading 23.12% below its 52-week high and 35.25% above its 52-week low.

Uber

Garrett Camp, director of Uber Technologies Inc. (UBER), sold 510,000 shares on April 23 for an average price of $28.02 per share.

The company, which operates in the software industry, has a market cap of $48.93 billion and an enterprise value of $45.89 billion. It has insider ownership of 19.6% and institutional ownership of 1.99%.

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Over the past 12 months, the stock has gained 31.33%. As of Friday, shares were trading 32.32% below the three-month high and 42.11% above the three-month low.

Lakeland Industries

Lakeland Industries Inc. (LAKE) director Rayan Christoph sold 170,673 shares for an average price of $16.57 per share on April 22.

The provider of safety garments and accessories has a market cap of $125.65 million and an enterprise value of $114.44 million. It has insider ownership of 15.16% and institutional ownership of 29.33%.

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Over the past 12 months, the stock has risen 31.33%. As of Friday, shares were trading 43.71% below the 52-week high and 62.47% above the 52-week low.

Procter & Gamble

Trian Fund Management L.P., director of Procter & Gamble Co. (PG), sold 4.13 million shares for an average price of $120.78 per share on April 22.

The company, which provides detergents, toilet papers and similar products, has a market cap of $295.59 billion. It has insider ownership of 0.25% and institutional ownership of 37.63%.

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Over the past 12 months, the stock has gained 15.61%. As of Friday, shares were trading 6.78% below the 52-week high and 26.56% above the 52-week low.

Disclosure: I do not own any stocks mentioned.

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