Weekly CEO Buys Highlight

Insiders purchase shares of Dell and American Outdoor Brands

Author's Avatar
Jan 16, 2017
Article's Main Image

According to GuruFocus’ Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:

Dell Technologies CEO bought 254,545 shares

Dell Technologies Inc. (DVMT, Financial) CEO Michael S. Dell bought 254,545 shares on Jan. 9 for $27.50 per share. The stock price has increased by 111.53%.

Dell is an information technology company. It designs, develops, manufactures, markets, sells and supports many products and services through its four product and services business units: Client Solutions, Enterprise Solutions Group, Dell Software Group and Dell Services. The company has a market cap of $36.42 billion. As of Jan. 13 its shares traded for $58.17 with a price-earnings (P/E) ratio of 81.02.

Third-quarter 2017 revenue was $16.2 billion.

American Outdoor Brands CEO bought 30,000 shares

American Outdoor Brands Corp. (AOBC, Financial) President and CEO P. James Debney bought 30,000 shares in three separate transactions during the past week.

Debney bought 10,000 shares for $20.92 per share on Jan. 9, 10,000 shares for $20.99 per share on Jan. 10 and 10,000 shares for $20.56 per share on Jan. 11. The stock price has increased by 0.19% since.

American Outdoor Brands (formerly Smith and Wesson Holding Corp.), is one of the world's leading providers of firearms and quality products for the shooting, hunting and rugged outdoor enthusiast. The company has a market cap of $1.16 billion. As of Jan. 13 its shares traded at $20.60.

Net income for the second quarter of 2017 was $32.5 million compared with $12.5 million for the comparable quarter last year.

Chief Financial Officer, Chief Administrative Officer, Executive Vice President and Treasurer Jeffrey D. Buchanan bought 10,000 shares for $20.92 per share on Jan. 9. The stock price has decreased by 1.53% since.

For the complete list of stocks that 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.