Insiders Roundup: Buy of Advance Auto Parts, Sale of Fitbit

Largest insider trades of the week

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Jun 03, 2016
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The All-in-One Screener can be used to find insider buys and sells over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "May 2016” and “May 2016.”

According to the above filters, the following are recent buys and sells from company insiders in the past week.

On May 31, Jeffery C. Smith, director of Advance Auto Parts Inc. (AAP), bought 400,000 shares in the company at the price of $155.68 per share. Since then, the price of the stock has dropped by 2.3% to $152.15.

The company has an insider ownership of 4.28% and institutional ownership of 88.07%. It is a specialty retailer of automotive aftermarket parts, accessories, batteries and maintenance items mainly operating within the U.S.

During the last 12 months, the price of the stock has dropped by 3% and is now trading with a P/B ratio of 3.06. The price is 24.39% below its 52-week high and 15.62% above its 52-week low.

On May 31, Donald J. Listwin, director of Violin Memory Inc. (VMEM), bought 500,000 shares in the company at the price of 49 cents per share. Since then, the price of the stock has risen by 24.5% to 61 cents.

The company has an insider ownership of 10.49% and institutional ownership of 21.41%. It provides all-flash storage arrays and appliances delivering application solutions for enterprises. Its FFA-based arrays and enterprise software solutions enhance enterprise agility and mobility revolutionizing economics with rapid ROI and TCO.

During the last 12 months, the price of the stock has dropped by 78% and is now trading with a P/S ratio of 0.95. The price is 79.60% below its 52-week high and 125.93% above its 52-week low.

On May 31, Kevin M. Donlon, president of New York Mortgage Trust Inc. (NYMT), bought 203,396 shares at the price of $5.92 per share. Since then, the price of the stock has risen by 3.2% to $6.11.

The company has an insider ownership of 3.07% and institutional ownership of 24.04%. It is engaged in acquiring, investing in, financing and managing mortgage-related assets and, to a lesser extent, financial assets.

During the last 12 months, the stock has dropped in price by 22% and trades with a P/B ratio of 0.89. The price is 24.10% below its 52-week high and 59.95% above its 52-week low.

On May 31, Lewis C. Pell, a 10% owner of Cogentix Medical Inc. (CGNT), bought 500,000 shares in the company at the price of 79 cents per share. Since then, the price of the stock has risen by 1.3% to 80 cents.

The company has an insider ownership of 38.48% and institutional ownership of 25.46%. It designs, develops, manufactures and markets products for flexible endoscopy with products including EndoSheath technology, Urgent PC Neuromodulation System and Macroplastique.

During the last 12 months, the price of the stock has dropped by 52% and is now trading with a P/B ratio of 1.29. The price is 54.02% below its 52-week high and 12.68% above its 52-week low.

Most important sales of the week

On May 31, Viavi Solutions Inc., 10% owner of Lumentum Holdings Inc. (LITE), sold 1 million shares in the company at the price of $25.05 per share. Since then, the price of the stock has dropped by 2.2% to $24.49.

The company has an insider ownership of 0.15% and institutional ownership of 63.95%. It is engaged in providing optical and photonic products addressing end markets including data communications and telecommunications networking and industrial and commercial lasers for manufacturing, inspection and life-science applications.

During the last 12 months, the price of the stock has risen by 17% and is now trading with a P/B ratio of 3.30. The price is 12.25% below its 52-week high and 75.30% above its 52-week low.

On May 31, Randall Hart Breitenbach, director, and Halbert S. Washburn, CEO of BreitBurn Energy Partners LP (BBEPQ), sold 1,449,946 shares in the company at the price of 8.5 cents per share. Since then, the price of the stock has risen by 6.25% to 9 cents.

The company has an institutional ownership of 4.29% and insider ownership of 1.52%. It is engaged in the acquisition, exploitation and development of oil, NGL and gas properties in the U.S.

During the last 12 months, the price of the stock has dropped by 0.98% and is now trading with a P/B ratio of 0.02. The price is 98.53% below its 52-week high and 70.00% above its 52-week low.

On May 31, Visium Balanced Master Fund L, 10% owner of Medifast Inc. (MED), sold 1.35 million shares in the company at the price of $30.25 per share. Since then, the price of the stock has risen by 7.2% to $32.43.

The company has an institutional ownership of 73.42% and insider ownership of 19.05%. It is engaged in the production, distribution and sales of weight loss and weight management products and other consumable health and diet products. Its product lines include weight loss and management, meal replacement and vitamins.

During the last 12 months, the price of the stock has not changed and is now trading with a P/B ratio of 4.25. The price is 8.18% below its 52-week high and 24.06% above its 52-week low.

On May 31, Steven Joseph Murray, former 10% owner of Fitbit Inc. (FIT), sold 1 million shares in the company at the price of $14.21 per share. Since then, the price of the stock has risen by 3.9% to $14.76.

The company has an institutional ownership of 30.06% and insider ownership of 0.03%. It provides fitness tracking devices and wearable devices to the health and fitness industry. It provides a platform to combine connected health and fitness devices with software and services.

During the last 12 months, the price of the stock has dropped by 50% and is now trading with a P/B ratio of 3.18. The price is 71.56% below its 52-week high and 23.93% above its 52-week low.

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