The All-In-One Guru Screener can be used to find insider buys over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$500,000+” and duration to "September 2015."
According to the above filters, the following are the recent buys from company insiders during the last week of August.
On Sept. 2, Softbank Group Corp. bought more shares of Sprint Corp. (S). It bought 8,017,785 shares at the price of $5.11 with a total cost of $40,970,900. The investor is increasing its stake as reported in my previous articles (1,2,3,4).
On Sept. 3 and 9, JAB Cosmetics B.V., a 10% owner in Coty Inc. (COTY), increased its stake by buying a total of 1,197,200 shares at the price of $28.76 and $28.98 respectively, with a total cost of $34,565,900. The investor is increasing its stake as reported in my previous articles (1, 2, 3, 4).
On Sept. 2, Randal J. Kirk, who now holds more than 10% of outstanding shares of Synthetic Biologics Inc. (SYN) bought 937,500 shares of SYN at the average price of $3.20 per share with a total cost of $3,000,000. Since then the price of the stock has dropped by 23.80%.
The company has an institutional ownership of 34% and an insider ownership of 7%.
The price of Synthetic Biologics has risen by 16% during the last 12 months and by 154% during the last five years. The company has deep negative returns, such as ROE of -3000% and ROA -318%, even so these ratios are below the average performance of the company during its recent history. Despite the very negative profitability, the company is out of debt.
Chuck Royce (Trades, Portfolio) is the most recent guru that traded the company, but he sold out his shares during the last quarter of 2014.
On Sept. 3, Jerry Drew, CEO of Double Crown Resources Inc. (DDCC), bought 584,325 shares of DDCC at the average price of $0.01 per share with a total cost of $5,843. Since then the price of the stock has doubled.
The company has an institutional ownership of 1% and an insider ownership of 13%.
On Sept. 4, James C. Flores, vice chairman of the board of Freeport-McMoRan Inc. (FCX) bought 2,200,000 shares of FCX at the average price of $9.70 per share with a total cost of $21,340,000. Since then, the price of the stock has risen by 16.20%
The company has an institutional ownership of 72% and an insider ownership of 1%.
The price of FCX has dropped by 67% during the last 12 months and by 72% during the last five years. The company has negative returns, such as ROE of -36.48% and ROA -11.09%; even so, these ratios are slightly above the average performance of the company during its recent history. This negative profitability has strong impact on financial situation that has a ranking of 6 out of 10 and a weak cash to debt of 0.02 that is underperforming 97% of other companies in industry.
According to GuruFocus Real Time Picks, we can see that during the last three months, two investors bought very big stakes of the company. On Aug. 17, Carl Icahn (Trades, Portfolio) bought 88,000,000 shares with an impact of 4.29% on his portfolio. He is now the main shareholder of the company with 8.46% of outstanding shares. On June 30, Stanley Druckenmiller (Trades, Portfolio) bought 3,547,000 shares with an impact of 4.45% on his portfolio and he is now the second shareholder of the company with 0.34% of outstanding shares.Â
On Sept. 9, Berkshire Hathaway (BRK.A, BRK.B), a 10% owner of Phillips 66 (PSX) bought another stake of the company after the first one bought the previous week. This stake is of 3,511,470 shares at the average price of $79.37 per share with a total cost of $278,705,000. Since then, the price of the stock has risen by 2.10%.
The company has an institutional ownership of 66%.
