Insiders Roundup: Axis Capital, HD Supply

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 “June 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.

Axis Capital

Charles A. Davis, director of Axis Capital Holdings Ltd. (AXS), bought 1.3 million shares for an average price of $41.15 on June 15 and 17.

The insurance company has a market cap of $3.56 billion and an enterprise value of $5.3 billion.

• Warning! GuruFocus has detected 5 Warning Signs with AXS. Click here to check it out.
• AXS 30-Year Financial Data
• The intrinsic value of AXS
• Peter Lynch Chart of AXS

Over the past 12 months, the stock has lost 29.46%. As of Friday, it was trading 37.51% below its 52-week high and 32.59% above its 52-week low.

Generation Bio

James E. Flynn, Zone Healthcare Holdings LLC, William Seybold,10% owners Wellington Biomedical Innovation, Invus Public Equities, L.P., Casdin Capital, LLC and director Charles A. Rowland Jr. bought a combined 3.6 million shares of Generation Bio Co. (GBIO) for an average price of $19 per share on June 16.

The biotechnology company has a market cap of $966 million and an enterprise value of $861 million.

Avidity Biosciences

Cormorant Asset Management LP and 10% owner RTW Investments LP bought a combined 1.2 million shares of Avidity Biosciences Inc. (RNA) at the average price of $18 per share on June 16.

The biotechnology company has a market cap of $953 million and an enterprise value of $869 million.

Vaxcyte

Directors Robert Lorne Hopfner, Patrick J. Heron and Kurt Von Emster, together with 10% owner TPG Group Holdings (SBS) Advisors, bought a combined 1.3 million shares of Vaxcyte Inc. (PCVX) on June 16 for an average price of $16 per share.

The biotechnology company has a market cap of $1.73 billion and an enterprise value of $1.57 billion.

HD Supply

Jana Partners (Trades, Portfolio) LLC, sold 459,129 shares of HD Supply Holdings Inc. (HDS) for an average price of $35.58 per share on June 18.

The industrial distributor has a market cap of $5.7 billion and an enterprise value of $8.08 billion. It has insider ownership of 0.52% and institutional ownership of 61.2%.

Over the past 12 months, the stock has declined 10.8%. As of Friday, shares were trading 18.66% below the 52-week high and 62.19% above the 52-week low.

Liberty SiriusXM

COB and 10% owner John C. Malone and chief corp. dev. officer Albert E. Rosenthaler sold 501,900 shares of Liberty SiriusXM Group (LSXMA) for an average price of $36.15 per share on June 19.

The provider of satellite radio services has a market cap of $12.95 billion and an enterprise value of $27.17 billion. It has insider ownership of 5.52% and institutional ownership of 10.63%.

Over the past 12 months, the stock has declined 0.67%. As of Friday, shares were trading 27.59% below the 52-week high and 64.20% above the 52-week low.

Sonos

10% owner KKR 2006 Fund L.P. sold 13 million shares of Sonos Inc. (SONO) for an average price of $13 per share on June 19.

The provider of home sound systems has a market cap of $1.35 billion and an enterprise value of $1.17 billion. It has insider ownership of 0.77% and institutional ownership of 25.37%.

Over the past 12 months, the stock has gained 5.35%. As of Friday, shares were trading 26.54% below the 52-week high and 88.45% above the 52-week low.

Disclosure: I do not own any stocks mentioned.

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