Largest Insider Trades of the Week

1-800-Flowers.com makes the list

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Sep 08, 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 "August 2020" and "September 2020" and All Insider Sales to "$2,000,000+."

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

International Tower Hill Mines

Electrum Strategic Opportunities, 10% owner, bought 1.02 million shares of International Tower Hill Mines Ltd. (THM) for an average price of $1.40 per share on Sep. 2.

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The Canadian mining company has a market cap of $270.80 million. It has insider ownership of 1.14% and institutional ownership of 5.69%.

Over the past 12 months, the stock price has risen 153.57%, and as of Monday, shares were trading 37.25% below the 52-week high and 338.17% above the 52-week low.

Entasis Therapeutics

Innoviva Inc., 10% owner of Entasis Therapeutics Holdings Inc. (ETTX), bought 4.67 million shares on Sep. 1 for an average price of $2.68 per share.

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The clinical-stage biopharmaceutical company has a market cap of $97.20 billion and an enterprise value of $48.03 billion. It has insider ownership of 0.08% and institutional ownership of 8.01%.

Over the past 12 months, the stock has fallen 58%. As of Monday, shares were trading 61.60% below the 52-week high and 56% above the 52-week low.

SmileDirectClub

Jordan M. Katzman, director and 10% owner, together with David B. Katzman, CEO and chairman, bought 1.94 million shares of SmileDirectClub Inc. (SDC) for an average price of $8 per share on Aug. 31.

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The company, which operates in the orthodontics business, has a market cap of $3.87 billion, an enterprise value of $3.92 billion and insider ownership of 0.25%.

Over the past 12 months, the stock price has fallen 38%. As of Monday, shares were trading 8.47% below the three-month high and 42.58% above the three-month low.

Snap

CEO and 10% owner Spiegel Evan sold 5.94 million shares of Snap Inc. (SNAP) for an average price of $22.51 per share on Sep. 2.

The company has a market cap of $33.88 billion. It has insider ownership of 11.33% and institutional ownership of 38.56%.

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Over the past 12 months, the stock has gained 46%. As of Monday, shares were trading 14.50% below the 52-week high and 18.43% above the 52-week low.

1-800-Flowers.com

James F. Mccann, executive chairman of 1-800-Flowers.com Inc. (FLWS), sold 694,921 shares for an average price of $28.65 per share on Sep. 1.

The company, which provides gourmet food and gift baskets, floral arrangements and BloomNet wire service, has a market cap of $1.77 billion and an enterprise value of $1.70 billion. It has insider ownership of 5.86% and institutional ownership of 24.45%.

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Over the past 12 months, the stock price has risen 92% and as of Friday, shares were trading 15.80% below the 52-week high and 147.53% above the 52-week low.

Bill.com

David K. Chao, director of Bill.com Holdings Inc. (BILL), sold 4 million shares on Sep. 1 for an average price of $96.37 per share.

The company, which provides cloud-based software, has a market cap of $7.18 billion, an enterprise value of $6.48 billion and insider ownership of 0.41%.

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As of Monday, shares were trading 18.30% below the 52-week high and 32.81% above the 52-week low.

Disclosure: I do not own any stocks mentioned.

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