Weekly Top Insider Buys Highlight for Week of Nov. 18

Largest Insider Buys for Allergan, Mondelez International, Enterprise Products Partners and Occidental Petroleum

Author's Avatar
Nov 20, 2016
Article's Main Image

Largest Insider Buys for Allergan PLC (AGN, Financial), Mondelez International Inc. (MDLZ, Financial), Enterprise Products Partners LP (EPD, Financial) and Occidental Petroleum Corp (OXY, Financial).

Allergan PLC (AGN, Financial): CFO Maria Teresa Hilado Bought 1,422 Shares

CFO Maria Teresa Hilado bought 1,422 shares of Allergan stock on Nov. 11 at the average price of $210.64. The price of the stock has decreased by 8.95% since.

Allergan PLC is an international pharmaceutical company based in New Jersey focused on researching, developing, and commercializing branded pharmaceuticals and medicines. The company has a market cap of $71.91 billion, and as of Nov. 18 the company traded at $191.78.

On Nov. 17, Allergan PLC announced that Bill Meury, the company’s chief commercial officer, will participate in a fireside chat at the Piper Jaffray 28th Annual Healthcare Conference on Nov. 29 in New York City.

Mondelez International Inc. (MDLZ, Financial): Director Lewis W. K. Booth Bought 2,500 Shares

Director Lewis W. K. Booth bought 2,500 shares of Mondelez International stock on Nov. 11 at the average price of $41.61. The price of the stock has increased by 3.15% since.

Director Fund Management LP Trian sold 3,800,000 shares of Mondelez International stock on Nov. 3 at the average price of $44.09. The price of the stock has decreased by 2.65% since.

Mondelez International is a global food and beverage company based in Illinois. Some of its mawjor assets include food brands of the former Kraft Foods Inc. The company has a market cap of $66.29 billion, and as of Nov. 18 the company traded at $42.92.

In a press release on Nov. 17, Mondelez International announced their Cocoa Life sustainability program will expand to cover Cadbury chocolate through new partnership with Fairtrade. This program includes $400 million to secure a positive future for 200,000 cocoa farmers.

Enterprise Products Partners LP (EPD, Financial): Director Carin Marcy Barth Bought 4,000 Shares

Director Carin Marcy Barth bought 4,000 shares of EPD stock on Nov. 16 at the average price of $25.27. The price of the stock has decreased by 0.12% since.

Enterprise Products Partners is an American natural gas and crude oil pipeline company and is a Fortune 500 company. Its headquarters are based in Houston. The company has a market cap of $53.11 billion, and as of Nov. 18 the company traded at $25.24.

On Nov. 17, Enterprise Products Partners was among the honored companies recognized by "Institutional Investor" magazine’s 2017 All-America Executive Team rankings. It was one of only four companies to earn a sweep of their respective sectors.

Occidental Petroleum Corp. (OXY, Financial): Director William R. Klesse Bought 10,000 Shares

Director Ron W. Jibson bought 3,500 shares of Occidental Petroleum stock on Nov. 10 at the average price of $70.98. The price of the stock has increased by 0.24% since.

Occidental Petroleum Corp. is an American oil and gas exploration and production company. It is based in Houston, but has operations all over the world, including the Middle East and South America. In 2015, it was the 16th largest gas producer and 3rd largest oil producer in Texas. The company has a market cap of $52.13 billion, and as of Nov. 18 the company traded at $68.22.

On Oct. 31, Occidental Petroleum Corp. announced that it has acquired producing and nonproducing acreage in the Permian Basin from private parties. Furthermore, the company gained interests in several Permian Basin enhanced oil recovery and CO2 properties.

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.