According to GuruFocus Insider Data, these were the largest CEO buys during the past week. The overall trend of purchases is illustrated in the chart below.
Akamai Technologies Inc.: CEO F. Thomson Leighton bought 17,456 shares
Leighton purchased 17,456 shares on July 15 at a price of $57.28 per share.
Akamai was incorporated in Delaware on August 20, 1998. The company provides cloud services for delivering, optimizing and securing online content and business applications. Akamai has a market cap of $10.17 billion; as of July 22, its shares traded at $57.89 with a P/E ratio of 32.71.
Revenue was $568 million for the first quarter ended March 31, an 8% increase over first quarter 2015 revenue of $527 million. GAAP net income was $75 million, a 4% decrease from the same time period in 2015.
The price of the stock has increased by 1.06% since Leighton bought the shares.
President of Product and Development Rick M. Mcconnell sold 3,550 shares of AKAM stock on July 14 at a price of $58 per share. The price of the stock has decreased by 0.18% since.
Restoration Hardware Holdings Inc.: Chairman, CEO and 10% owner Gary G. Friedman bought 32,918 shares
Friedman bought 32,918 shares on July 15 at a price of $27.59 per share.
Restoration, together with its subsidiaries, is a luxury home furnishings retailer that provides a number of categories including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware and children's furnishings. The company has a market cap of $1.24 billion; as of July 22 its shares traded at $30.42 with a P/E ratio of 18.02.
Net revenues for the first quarter of fiscal 2016 increased 8% to $455.5 million from $422.4 million in the first quarter of fiscal 2015.
The price of the stock has since increased by 10.25% since Friedman bought the shares.
Director Keith Belling bought 4,000 shares of RH stock on June 28 at a price of $25.37. The price of the stock has increased by 19.90% since.
Ryman Hospitality Properties Inc.: Chairman and CEO Colin V. Reed bought 7,377 shares
Reed bought 7,377 shares on July 15 at a price of $53.44 per share.
Ryman operates as a real estate investment trust specializing in group-oriented, destination hotel assets in urban and resort markets. The company has a market cap of $2.8 billion; as of July 22 its shares traded at $56.25 with a P/E ratio of 21.80.
Total revenue for the first quarter ended March 31 was $261,497,000 compared to $253,148,000 from the first quarter of 2015.
The stock price has increased by 5.25% since Reed bought the stock.
OPKO Health Inc.: CEO, Chairman and 10% owner Phillip Frost bought 15,800 shares
Frost bought 15,800 shares on July 13 at a price of $9.65 per share.
OPKO is a biopharmaceutical and diagnostics company. The company is engaged in the research and development of pharmaceutical products and vaccines. OPKO has a market cap of $5.42 billion; as of July 22 its shares traded at $9.97 with a P/E ratio of 68.29.
Consolidated revenues for the three months ended March 31 increased to $291.0 million from $30.1 million for the year-ago quarter. Net loss for the first quarter was $12.0 million compared with net loss of $117.1 million for the 2015 period.
For the complete list of stocks bought by their company CEOs, go to CEO Buys.
