Insiders Are Buying Hertz and Selling Merck

Largest insider buys and sales of the week

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Nov 11, 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 “$200,000+” duration to November 2016 and All Insider Sales to “$5,000,000+”.

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

Carl Icahn (Trades, Portfolio), 10% owner of Hertz Global Holdings Inc. (HTZ), bought 1,832,402 shares for $25.76 per share on Nov. 11 and Nov. 8. Since then, the stock price has risen by 11.4% to $28.47.

The company has an institutional ownership of 55.69% and insider ownership of 12.01%. It is engaged in car and truck rental and leasing and equipment rental business with operation in North America, Europe, the U.S., Canada and France.

During the last 12 months, the stock price has dropped by 56%. It is 58.23% below its 52-week high and 65.52% above its 52-week low.

Ernest S. Rady, chairman, 10% owner, CEO and president of American Assets Trust Inc. (AAT), bought 60,000 shares for $39.55 per share on Nov. 10. Since then, the stock price has dropped by 1.3%% to $39.05.

The company has an institutional ownership of 99.54% and insider ownership of 1.04%. It is a full service, vertically integrated and self-administered real estate investment trust. The company owns, operates, acquires and develops retail, office, multifamily and mixed-use properties.

During the last 12 months, the stock price has dropped by 2% and is now trading with a price-book (P/B) ratio of 2.27. The price is 15.80% below its 52-week high and 14.62% above its 52-week low.

B. Wayne Hughes et al, director of American Homes 4 Rent Class AÂ (AMH), bought 724,021 shares for $20.72 per share on Nov. 10. Since then, the stock price has declined by just 1% to $20.51.

The company has an institutional ownership of 87.79% and insider ownership of 5.48%. It is an internally managed real estate investment trust engaged in acquiring, renovating, leasing and operating single-family homes as rental properties.

During the last 12 months, the stock price has risen by 23% and is now trading with a P/B ratio of 1.19. The price is 10.79% below its 52-week high and 55.85% above its 52-week low.

Most important sales of the week

Stadium Capital Management LLC, 10% owner of Big 5 Sporting Goods Corp. (BGFV), sold 568,691 shares for $18.67 per share on Nov. 10. Since then, the stock price has risen by 1.8% to $19.

The company has an institutional ownership of 80.10% and insider ownership of 1.86%. It is a sporting goods retailer. Products include athletic shoes, apparel and accessories, outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports.

During the last 12 months, the stock price has risen by 110%. It is 0.78% below its 52-week high and 133.13% above its 52-week low.

Bessemer Venture Partners VII, director and 10% owner of MINDBODY Inc. Class AÂ (MB), sold 2,448,346 shares for $20 per share on Nov. 10. Since then, the stock price has dropped by 0.7% to $19.85.

The company has an insider ownership of 0.78% and institutional ownership of 55.79%. It is a provider of an integrated cloud-based business management software and payments platform for the wellness services industry.

During the last 12 months, the stock price has risen by 25% and is now trading with a P/B ratio of 7.73. The price is 5.70% below its 52-week high and 115.76% above its 52-week low.

Kenneth C. Frazier, chairman, president and CEO of Merck & Co. Inc. (MRK), sold 140,000 shares for $65.03 per share on Nov. 10. Since then, the stock price has dropped by 0.1% to $64.96.

The company has an institutional ownership of 76.82% and insider ownership of 0.09%. It is a health care company that delivers health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products.

During the last 12 months, the stock price has risen by 21% and the price is 0.76% below its 52-week high and 35.42% above its 52-week low.

Disclosure: I do not own any shares of any stocks mentioned in this article.

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