Get Premium to unlock powerful stock data

Weekly CEO Buys Highlight

Details the CEO buys this past week for the following companies: eHealth, B. Riley Financial, Navient, Kellogg and Green Plains

Author's Avatar
Joy Hu
Aug 10, 2020
Article's Main Image

According to GuruFocus Insider Data, these were the largest CEO buys during the past week.

eHealth

eHealth Inc. (

EHTH, Financial) CEO Scott N. Flanders bought 50,000 shares on Aug. 5 at a price of $71.54. The price of the stock has increased by 11.07% since then.

7dfb96a45e03a205c34d9eedb92424a1.png

eHealth offers a private health insurance exchange where individuals and small businesses can compare health insurance products from leading insurers. Users can purchase the insurance online. The exchange includes Medicare options, and seniors can enroll in those plans online or via phone. The company primarily generates revenue through commissions it receives from health insurance carriers. EHealth has relationships with the leading health insurance carriers in the United States and offers thousands of plans online. All of the company's revenue is from the United States.

The company has a market cap of $2.04 billion. Its shares traded at $79.46 with a price-earnings ratio of 27.20 as of Aug. 7.

Net loss for the second quarter of 2020 was $3.4 million compared to a net loss of $5.8 million for the second quarter of 2019.

Director Dale B. Wolf bought 2,000 shares on July 31 at a price of $71.06. Since then, the price of the stock has increased by 11.82%.

Chief Revenue Officer Timothy C. Hannan sold 5,178 shares on July 13 at a price of $110.24. The price of the stock has decreased by 27.92% since then.

B. Riley Financial

B. Riley Financial Inc. (

RILY, Financial) Chairman, Co-CEO and 10% Owner Bryant R. Riley bought 25,000 shares on Aug. 6 at a price of $27.15. Since then, the price of the stock has increased by 0.92%.

99f3113fe95483ca4f21c7c5843c226e.png

B. Riley Financial is a diversified financial services company. The company offers investment banking and financial services to corporate, institutional and high net worth clients and also asset disposition, valuation and appraisal and capital advisory services to retail, wholesale, institutional, lenders, capital providers, private equity investors and professional services firms in the United States, Canada and Europe. It also provides internet access and subscription services. The reportable operating segments of the company include Capital Markets, Auction and Liquidation, Valuation and Appraisal and Principal Investments, of which key revenue is derived from the Capital Markets segment.

The company has a market cap of $697.41 million. Its shares traded at $27.40 with a price-earnings ratio of 21.87 as of Aug. 7.

Net income for the second quarter of 2020 was $82.53 million compared to net income of $22.31 million for the prior year period.

Director Randall E. Paulson bought 25,000 shares on Aug. 7 at a price of $26.96. The price of the stock has increased by 1.63% since then.

President Kenneth M. Young bought 1,000 shares on Aug. 6 at a price of $27.28. Since then, the price of the stock has increased by 0.44%.

Navient

Navient Corp. (

NAVI, Financial) CEO John F. Remondi bought 50,000 shares on July 31 at a price of $7.82. The price of the stock has increased by 11.76% since then.

8385a61224b222df7d2b9a0e23c402b3.png

Navient is a financial services company that provides education loan management and business processing services to education, healthcare and government clients at the federal, state and local levels. The company operates in Delaware, western New York, northern Pennsylvania, Indiana, Tennessee, Texas and Virginia, among other locations. The company has three primary reportable business segments: Federal Education Loans, Consumer Lending and Business Processing. The company's fourth and other segment relates to financial results of the company's holding company, including activities related to repurchases of debt, corporate liquidity portfolio and unallocated overhead and regulatory-related costs.

The company has a market cap of $1.70 billion. Its shares traded at $8.74 with a price-earnings ratio of 5.50 as of Aug. 7.

Net income was $125 million for the second quarter of 2020 compared to net income of $153 million for the prior-year period.

Kellogg

Kellogg Co. (

K, Financial) Chairman, President, CEO/Trustee and 10% Owner Steven A. Cahillane bought 2,727 shares on Aug. 3 at a price of $69.32. Since then, the price of the stock has increased by 0.29%.

9f615fff080c15a25f37a4e84c4fef21.png

Founded in 1906, Kellogg is a leading global manufacturer and marketer of cereal, cookies, crackers and other packaged foods. Its offerings are manufactured in 21 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Special K, Frosted Flakes, Froot Loops, Rice Krispies, Pop-Tarts, Eggo, Kashi and Morningstar Farms. The firm added the Pringles brand to its mix in 2012.

The company has a market cap of $23.84 billion. Its shares traded at $69.52 with a price-earnings ratio of 21.98 as of Aug. 7.

Net income for the second quarter of 2020 was $354 million compared to net income of $292 million for the comparable period of 2019.

Senior Vice President Alistair D. Hirst sold 7,500 shares on Aug. 3 at a price of $69.15. The price of the stock has increased by 0.54% since then.

Senior Vice President Nicolas Amaya sold 3,583 shares on Aug. 3 at a price of $69.17. Since then, the price of the stock has increased by 0.51%.

10% Owner W. K. Kellogg Foundation Trust sold 100,000 shares on July 20 at a price of $67.48. The price of the stock has increased by 3.02% since then.

Green Plains

Green Plains Inc. (

GPRE, Financial) President and CEO Todd A. Becker bought 10,000 shares on Aug. 5 at a price of $12.80. Since then, the price of the stock has increased by 12.19%.

78aad26de023b7c12603db30a4de4ba6.png

Green Plains manufactures and sells ethanol and ethanol byproducts in four segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, grains and corn oil. The agribusiness and energy services segment includes the grain procurement and commodity marketing business, which markets, sells and distributes ethanol, distillers grains and corn oil. The food and ingredients segment includes cattle feeding operations. The partnership segment provides fuel storage and transportation services.

The company has a market cap of $511.98 million. Its shares traded at $14.36 as of Aug. 7.

Net loss was $8.2 million for the second quarter of 2020 compared with a net loss of $45.3 million for the same period in 2019.

Director James D. Anderson bought 5,000 shares on Aug. 5 at a price of $12.85. The price of the stock has increased by 11.75% since then.

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.

?Not a Premium Member of GuruFocus? Sign up for a

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

» Take a Free Trial of Premium Membership

Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.
Rating:
0 / 5 (0 votes)

Please Login to leave a comment

Author's Avatar

Joy Hu