According to GuruFocus’ Insider Data, these are the largest CEO buys during the past week. The overall trend of purchases is illustrated in the chart below:
Walgreens Boots Alliance CEO bought 2 million shares
Walgreens Boots Alliance Inc. (WBA, Financial) Executive Vice Chairman, CEO and 10% owner Stefano Pessina bought 2 million shares for $81.41 per share Nov. 4. The stock price has increased by 0.05% since.
Walgreens operates a drugstore chain in the U.S. It provides consumer goods and services, pharmacy and health and wellness services through drugstores as well as mail and by telephone and online. The company has a market cap of $88.15 billion. As of Nov. 7 its shares traded at $81.45 with a price-earnings (P/E) ratio of 21.32.
Fiscal 2016 fourth quarter net earnings attributable to Walgreens Boots Alliance determined in accordance with GAAP were $1.0 billion compared with $26 million in the same quarter a year ago.
Director William C. Foote sold 2,067 shares  for $81.3 per share on Nov. 2. The stock price has increased by 0.18% since.
Acushnet Holdings CEO bought 70,000 shares
Acushnet Holdings Corp. (GOLF, Financial) President and CEO Walter R. Uihlein bought 70,000 shares for $17 per share on Nov. 2. The stock price has increased by 7.47% since.
The company is engaged in the design, development, manufacture and distribution of performance-driven golf products. Its brands include Titleist, FootJoy, Vokey Design wedges and Scotty Cameron putters.
Acushnet announced the pricing of its initial public offering on Oct. 27.
Chief Operating Officer David Eugene Maher bought 500 shares, Director Christopher T. Metz bought 2,500 shares for $17 and Director Sean S. Sullivan bought 3,000 shares, all for $17 per share, on Nov. 2. The stock price has increased by 7.47%.
New Media Investment Group CEO bought 50,000 shares
New Media Investment Group Inc. (NEWM, Financial) CEO Michael Reed bought 50,000 shares for $14.34 per share Nov. 3. The stock price has increased by 5.23%.
New Media Investment is a print and online media company that owns, operates and invests in high quality local media assets. Its products include 452 community print publications, 379 websites, 360 mobile sites and six yellow page directories. The company has a market cap of $671.94 million. As of Nov. 7 its shares traded at $15.09 with a P/E ratio of 9.21.
Operating income for the third quarter was $10.6 million, which decreased $4.0 million compared to the prior year, and net income of $2.8 million decreased $3.3 million compared to the prior year.
Omega Healthcare Investors CEO bought 21,800 shares
Omega Healthcare Investors Inc. (OHI, Financial) CEO C. Taylor Pickett bought 21,800 shares for $29.26 per share on Nov. 4. The stock price has increased by 4.1%.
Omega Healthcare is a self-administered real estate investment trust. It is engaged in investing in income-producing health care facilities, including long-term care facilities located in the U.S. The company has a market cap of $5.89 billion. As of Nov. 7 its shares traded at $30.46 with a P/E ratio of 19.12.
For the three-month period ended Sept. 30, the company reported net income of $82.1 million. This compares to net income of $83.3 million for the same period in 2015.
Director Bernard J. Korman bought 100,000 shares for $29.29 per share on Nov. 4. The stock price has increased by 3.99%.
Newell Brands CEO bought 11,500 shares
Newell Brands Inc. (NWL, Financial) CEO Michael B. Polk bought 11,500 shares for $49.03 per share during the past week. The stock price has increased by 0.27%.
Newell Brands is a marketer of consumer and commercial products. Its products include markers and highlighters, pens and pencils, art products, food storage and home storage products, industrial bandsaw blades, and strollers and hygiene systems, among others. The company has a market cap of $23.7 billion. As of Nov. 7 its shares traded at $49.16 with a P/E ratio of 47.91.
The company reported net income of $186.5 million compared with net income of $134.2 million in the prior year.
Polk bought 7,500 shares for $49.68 per share on Oct. 31 and 4,000 shares for $47.82 per shareon Nov. 1. The stock price has increased by 2.8%.
President Mark Tarchetti bought 12,436 shares for $48.15 per share on Oct. 31. The stock price has increased by 2.1%.
For the complete list of stocks that were bought by their company CEOs, go to: CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
Start a free seven-day trial of Premium Membership to GuruFocus.
