According to GuruFocus’ Insider Data, these are the largest CEO buys during the past week. The overall trend of purhases is illustrated in the chart below:
Valvoline Inc. CEO Samuel J. Mitchell bought 25,000 shares
CEO of Valvoline Inc. (VVV, Financial) Samuel J. Mitchell bought 25,000 shares on Sept. 28 at a price of $22.00.
Valvoline is a leading worldwide producer and distributor of premium-branded automotive, commercial and industrial lubricants, and automotive chemicals. The company has a market cap of $4.7 billion. As of Oct. 2, it traded at $23.49.
Ashland Inc. announced the launch of the Valvoline initial public offering of 30 million shares of Valvoline's common stock on Sept. 12. The offering closed on Sept. 28. After the completion of the offering, Ashland will own 170 million shares of Valvoline's common stock, representing approximately 83% of the total outstanding shares of Valvoline's common stock.
CEO Samuel J. Mitchell bought 25,000 shares of Valvolilne stock on Sept. 28 at a price of $22. The price of the stock has increased by 6.77% since.
CFO Mary E. Meixelsperger bought 2,500 shares of Valvoline stock on Sept. 28 at a price of $22. The price of the stock has increased by 6.77% since.
Director Charles M. Sonsteby bought 7,000 shares of Valvoline stock on Sept. 28 at a price of $22. The price of the stock has increased by 6.77% since.
Director Mary J. Twinem bought 5,000 shares of Valvoline stock on Sept. 28 at a price of $22. The price of the stock has increased by 6.77% since.
Director Stephen E. Macadam bought 5,000 shares of Valvoline stock on Sept. 28 at a price of $22. The price of the stock has increased by 6.77% since.
Chief People and Communications Officer Sara K. Stensrud bought 3,000 shares of Valvoline stock on Sept. 28 at a price of $22. The price of the stock has increased by 6.77% since.
President of Quick Lubes, Anthony R. Puckett bought 2,500 shares of Valvoline stock on Sept. 28 at a price of $22. The price of the stock has increased by 6.77% since.
Natus Medical Inc. President and CEO James B. Hawkins bought 10,000 shares
President and CEO of Natus Medical Inc. (BABY, Financial), James B. Hawkins, bought 10,000 shares on Sept. 28 at a price of $38.48.Ă‚ The price of the stock has increased by 2.1% since.
Natus provides newborn care and neurology healthcare products and services used for screening, diagnosis, detection, treatment, monitoring and tracking of medical ailments in newborn care, epilepsy, sleep disorders and balance and mobility disorders. The company has a market cap of $1.28 billion. As of Oct. 2, its shares traded at $39.29 with a P/E ratio of 33.87.
For the second quarter ended June 30, the company reported revenue of $96.0 million, an increase of 4.5% compared to $91.9 million reported for the second quarter 2015.
OPKO Health Inc. CEO Phillip Frost bought 14,400 shares
The CEO, Chairman and 10% Owner of OPKO Health Inc. (OPK, Financial), Phillip Frost, bought 14,400 shares during the past week at a price of $10.94.
OPKO is a biopharmaceutical and diagnostics company. It is engaged in the research and development of pharmaceutical products and vaccines. The company has a market cap of $5.9 billion. As of Oct. 2, its shares traded at $10.59 with a P/E ratio of 44.31.
Net income was $15.5 million for the quarter ending June 30, compared to net losses of $42.8 million for the comparable period of 2015. Consolidated revenue increased to $357.1 million from $42.4 million for the quarter ending June 30, compared to the 2015 period.
Frost bought 1,800 shares of OPKO stock on Sept. 23 at a price of $10.95; 1,800 shares on Sept. 26 at a price of $11.04; 1,800 shares on Sept. 27 at a price of $11.16; and 5,400 shares on Sept. 28 at a price of $11.01. Frost purchased 3,600 shares of OPKO stock on Sept. 29 at a price of $10.67 and 14,400 shares during the past week at a price of $10.94. The price of the stock has since decreased by 3.20%.
Guess Inc. CEO Amigo Victor Herrero bought 2,177 shares
CEO and Director of Guess Inc. (GES, Financial) Amigo Victor Herrero bought 2,177 shares on Sept. 26 at a price of $14.87.Ă‚ The price of the stock has decreased by 1.75% since.
Guess designs, markets, distributes and licenses a lifestyle collection of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. The company has a market cap of $1.23 billion. As of Oct. 2, its shares traded at $14.61 with a P/E ratio of 18.40.
Total net revenue for the second quarter of fiscal 2017 decreased 0.2% to $545.0 million, from $546.3 million in the prior-year quarter.
For the complete list of stocks bought by 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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