Weekly CEO Buys Highlight

Details the CEO buys this past week for the following companies: Odonate Therapeutics, Golub Capital BDC and H&R Block

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Dec 28, 2020
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According to GuruFocus Insider Data, these were the largest CEO buys during the past week.

Odonate Therapeutics

Odonate Therapeutics Inc. (ODT, Financial) CEO and 10% Owner Kevin C. Tang bought 275,784 shares on Dec. 23 at a price of $15.16. The price of the stock has increased by 13.79% since then.

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Odonate Therapeutics is a U.S.-based pharmaceutical company that is engaged in the development of therapeutics that improve and extend the lives of patients with cancer. The company mainly focuses on the development of tesetaxel, a novel chemotherapy agent that belongs to a class of drugs, and taxanes, which are widely used in the treatment of cancer.

The company has a market cap of $664.66 million. Its shares traded at $17.25 as of Dec. 24.

Net loss for the three months ended Sept. 30 was $30.5 million compared to $26.6 million for the same period in 2019.

Golub Capital BDC

Golub Capital BDC Inc. (GBDC, Financial) CEO David Golub bought 8,000 shares during the past week at the average price of $13.93.

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Golub Capital BDC is an externally managed, closed-end, non-diversified investment management company. The company's investment objective is to generate current income and capital appreciation by investing in senior secured and one-stop loans in U.S. middle-market companies. It also invests in second lien and subordinated loans, warrants and minority equity securities in middle-market companies.

The company has a market cap of $2.31 billion. Its shares traded at $13.80 with a price-earnings ratio of 37.50 as of Dec. 24.

Net investment income during the three months ended Sept. 30 was $39.31 million.

Golub bought 4,000 shares on Dec. 11 at a price of $13.7; 4,000 shares on Dec. 15 at a price of $13.77; 4,000 shares on Dec. 17 at a price of $13.82; 4,000 shares on Dec. 21 at a price of $13.96; and 4,000 shares on Dec. 23 at a price of $13.9. Since then, the price of the stock has decreased by 0.72%.

Chairman Lawrence E. Golub bought 4,000 shares on Dec. 11 at a price of $13.7; 4,000 shares on Dec. 15 at a price of $13.77; 4,000 shares on Dec. 17 at a price of $13.82; 4,000 shares on Dec. 21 at a price of $13.96; and 4,000 shares on Dec. 23 at a price of $13.9. The price of the stock has decreased by 0.72% since then.

H&R Block

H&R Block Inc. (HRB, Financial) President and CEO Jeffrey J. Jones II bought 3,310 shares on Dec. 21 at a price of $15.05. Since then, the price of the stock has increased by 2.79%.

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H&R Block provides income tax return preparation services, digital do-it-yourself tax solutions and other services related to income tax preparation to the general public primarily in the United States, Canada and Australia.

The company has a market cap of $2.84 billion. Its shares traded at $15.47 with a price-earnings ratio of 15.14 as of Dec. 24.

The second-quarter net loss for fiscal 2021 was $222 million compared to a loss of $184 million for the prior-year period.

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.

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