Insiders' Week: Phillips 66, Facebook, Activision Blizzard

The largest insiders' trades of the last 7 days

Author's Avatar
Jun 17, 2016
Article's Main Image

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 "June 2016” and “June 2016.”

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

On June 16, Chen Tian Qiao, 10% owner of LendingClub Corp. (LC), bought 4,391,440 shares in the company at the price of $4.65 per share. Since then, the price of the stock has risen by 6.7% to $4.96.

The company has an insider ownership of 2.20% and institutional ownership of 87.31%. It is an online marketplace connecting borrowers and investors in transactions relating to standard or custom program loans.

During the last 12 months, the price of the stock has dropped by 72% and is now trading with a P/B ratio of 1.81. The price is 71.67% below its 52-week high and 44.19% above its 52-week low.

On June 13 and 15, Lazarus Management Co. LLC, 10% owner of Blue Sphere Corp. (BLSP), bought 1,420,000 shares at the price of 28 cents per share. Since then, the price of the stock has dropped by 40.45% to 9 cents.

The company has an insider ownership of 10.88% and institutional ownership of 29.34%. It is a project integrator in the clean energy production and organics to energy markets. The company is focused on projects in the U.S., Italy, Israel and Ghana.

On June 13, Berkshire Hathaway Inc. (BRK.A, Financial)(BRK.A), 10% owner of Phillips 66Â (PSX), bought 756,780 shares in the company at the price of $79.59 per share. Since then, the price of the stock has dropped by 0.2% to $79.43.

The company has an insider ownership of 0.07% and institutional ownership of 71.43%. It is a downstream energy company. The company's segments include Refining and Marketing (R&M), Midstream and Chemicals businesses. Its Chemicals business is conducted through its 50% interest in Chevron Phillips Chemical Company LLC.

During the last 12 months, the price of the stock has risen by 1% and is now trading with a P/B ratio of 1.82. The price is 15.92% below its 52-week high and 13.40% above its 52-week low.

On June 13, Ezra Perlman, director, and Francisco Partners GP IV Manag., director and 10% owner, of Connecture Inc. (CNXR), bought 3,100,572 shares in the company at the price of $1.27 per share. Since then, the price of the stock has risen by 83.5% to $2.33.

The company has an insider ownership of 3.74% and institutional ownership of 50.93%. It is a web-based consumer shopping, enrollment and retention platform for health insurance distribution. The company offers personalized health insurance shopping experiences that recommends insurance plans.

During the last 12 months, the price of the stock has dropped by 74%, and the price is 81.07% below its 52-week high and 97.39% above its 52-week low.

Most important sales of the week

On June 15, John R. Muse, director of Media General Inc. (MEG), sold 1,211,478 shares in the company at the price of $17.94 per share. Since then, the price of the stock has dropped by 0.4% to $17.86.

The company has an institutional ownership of 98.56% and insider ownership of 0.80%. It is a provider of news, information and entertainment across network-affiliated television stations, digital media and mobile platforms, serving consumers and advertisers in local markets in the Southeastern U.S.

During the last 12 months, the price of the stock has risen by 6% and is now trading with a P/B ratio of 1.63. The price is 1.76% below its 52-week high and 9.74% above its 52-week low.

On June 14, Michael Morhaime, president and CEO-Blizzard Ent. of Activision Blizzard Inc. (ATVI), sold 1,150,000 shares in the company at the price of $38.15 per share. Since then, the price of the stock has risen by 2.3% to $39.03.

The company has an institutional ownership of 68.66% and insider ownership of 6.69%. It is an online, personal computer, video game console, tablet, handheld and mobile game publisher. It has three operating segments: Activision Publishing Inc., Blizzard Entertainment Inc. and Activision Blizzard Distribution.

During the last 12 months, the price of the stock has risen by 54% and is now trading with a P/B ratio of 3.39. The price is 4.15% below its 52-week high and 59.44% above its 52-week low.

On June 13, Boxer Capital LLC, 10% owner of Eleven Biotherapeutics Inc. (EBIO), sold 1,042,000 shares in the company at the price of $2.74 per share. Since then, the price of the stock has dropped by 6.2% to $2.57.

The company has an institutional ownership of 59.90% and insider ownership of 3.36%. It is a clinical-stage biopharmaceutical company with a proprietary protein engineering platform called AMP-Rx that it applies to the discovery and development of protein therapeutics to treat eye diseases.

During the last 12 months, the price of the stock has dropped by 20% and is now trading with a P/B ratio of 3.67. The price is 72.13% below its 52-week high and 792.00% above its 52-week low.

On June 13, Jan Koum, director of Facebook Inc. (FB), sold 1,434,530 shares in the company at the price of $114.36 per share. Since then, the price of the stock has not changed.

The company has an institutional ownership of 57.68% and insider ownership of 0.37%. It operates a social networking website. The company's products are Facebook, Instagram, Messenger, WhatsApp and Oculus. Its products enable people to connect and share through mobile devices and personal computers.

During the last 12 months, the price of the stock has risen by 41% and is now trading with a P/B ratio of 6.95. The price is 5.35% below its 52-week high and 59.17% above its 52-week low.

Start a free seven-day trial of Premium Membership to GuruFocus.