According to GuruFocus’ Insider Data, these were the largest CEO buys during the past week. The overall trend of purchases is illustrated in the chart below:
American Outdoor Brands Corp. (AOBC, Financial): President and CEO P. James Debney bought 25,000 shares
Debney bought 25,000 shares on Jan. 17 at a price of $20.50 per share. The price of the stock has decreased by 1.8% 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 $1.13 billion. As of Jan. 20 its shares traded at $20.13.
Net income for the second quarter of 2017 was $32.5 million compared with $12.5 million for the comparable quarter last year.
Debney also bought 10,000 shares of AOBC stock on Jan. 9 at a price of $20.92 per share, 10,000 shares on Jan. 10 at a price of $20.99 per share and another 10,000 shares on Jan. 11 at a price of $20.56 per share. The price of the stock has decreased by 2.09% since.
OPKO Health Inc. (OPK, Financial): CEO, Chairman and 10% owner Phillip Frost bought 45,700 shares
Frost bought 45,700 shares during the past week at a price of $8.91 per share.
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 $4.82 billion. As of Jan. 20 its shares traded at a price of $8.64 with a P/E ratio of 36.15.
Consolidated revenues for the three months ended Sept. 30, 2016 increased to $298.0 million from $143.0 million for the comparable period 2015. Net loss for the quarter was $15.0 million compared with net income of $128.2 million for the 2015 period.
Frost also bought 25,000 shares on Dec. 30 at a price of $9.42 per share; 20,000 shares on Jan. 3 at a price of $9.04 per share; and 15,000 shares on Jan. 13 at a price of $9.15 per share.
Executive VP of Administration Steven D. Rubin bought 2,000 shares on Dec. 30 at a price of $9.18 per share. The price of the stock has decreased by 5.88% since.
Dorian LPG Ltd. (LPG, Financial): President, CEO and 10% owner John C. Hadjipateras bought 20,000 shares
Hadjipateras bought 20,000 shares on Jan. 13 at a price of $9.38 per share. The price of the stock has declined by 7.89% since.
Dorian LPG is a shipping company engaged in owning and operating liquefied petroleum gas tankers. The company has a market cap of $594.64 million. As of Jan. 20 its shares traded at $8.64 with a P/E ratio of 9.02.
Revenues for the three months ended Sept. 30, 2016 were $33.6 million. Net loss for the same quarter was $7.1 million.
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.
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