Insiders Week: Microsoft, Apple, Trinet Group

Largest insider trades of the week

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Feb 06, 2017
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The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$2,000,000+,” the duration to “February 2017” and All Insider Sales to “$5,000,000+.”

According to the above filters, the following are trades from company insiders this week.

Elliott Associates LP and Elliott International LP, 10% owners of Arconic Inc. (ARNC, Financial), bought a combined total of 675 thousand shares for an average price of $25.44 per share on Feb. 2 and 3. Since then, the stock price has risen 1.8% to $25.90.

The company has institutional ownership of 36.57% and insider ownership of 0.29%. It develops and manufactures engineered products and solutions for the aerospace, industrial gas turbine, commercial transportation and oil and gas industries.

Over the last 12 months, the stock price has risen 32% and is now 0.08% below its 52-week high and 54.63% above its 52-week low

James Hooke, CEO of Macquarie Infrastructure Corp. (MIC, Financial), bought 15 thousand shares of the company for $74.15 per share on Feb. 3. Since then, the stock price has risen 5.2% to $77.99.

The company has institutional ownership of 95% and insider ownership of 0.73%. It owns, operates and invests in groups of infrastructure businesses, including bulk liquid terminals, International-Matex Tank Terminals, airport services, Atlantic Aviation, gas processing and distribution and Hawaii Gas.

Over the last 12 months, the stock price has risen 37% and is now trading with a price-book (P/B) ratio of 2.16. The price is 8.73% below its 52-week high and 50.47% above its 52-week low.

Mangrove Partners Fund, 10% owner of Calamos Asset Management Inc. (CLMS, Financial), bought 198,866 shares of the company for $8.40 per share on Feb. 1. Since then, the stock price has fallen 0.6% to $8.35.

The company has institutional ownership of 62.69% and insider ownership of 15%. It is an asset management company that provides investment advisory services to individuals and institutional investors through open-end funds, closed-end funds, separate accounts, offshore funds and partnerships.

Over the last 12 months, the stock price has declined 8% and is now trading with a P/B ratio of 0.93. The price is 12.11% below its 52-week high and 40.57% above its 52-week low.

Western State Design LLC, 10% owner of EnviroStar Inc. (EVI, Financial), bought 388,504 shares of the company for $4.89 per share on Feb. 1. Since then, the stock price has risen 206.7% to $15.

The company has institutional ownership of 17.06% and insider ownership of 43.42%. Through its subsidiaries, it sells commercial and industrial laundry and drycleaning equipment and steam and hot water boilers manufactured by others. It also sells related replacement parts and accessories and provides maintenance services.

Over the last 12 months, the stock price has risen 308% and is now trading with a P/B ratio of 19.38. The price is 11.76% below its 52-week high and 400% above its 52-week low.

Most important insider’s sales of the week

CD&R Associates VIII Ltd., 10% owner of Univar Inc. (UNVR, Financial), sold 11 million shares of the company for $28.70 per share on Feb 3. Since then, the stock price has risen 1.6% to $29.17.

The company has institutional ownership of 95.96% and insider ownership of 0.51%. It is a distributor of commodity and specialty chemicals. The company's product portfolio includes acids and bases, surfactants, glycols, inorganic compounds, alcohols and other specialty chemicals.

Over the last 12 months, the stock price has risen 148% and is now trading with a P/B ratio of 4.67. The price is 6.08% below its 52-week high and 173.90% above its 52-week low.

Albert Gore Jr. and Andrea Jung, directors of Apple Inc. (AAPL, Financial), sold a combined 170 thousand shares of the company for $128.20 per share on Feb. 2. Since then, the stock price has risen 0.7% to $129.08.

The company has institutional ownership of 61.28% and insider ownership of 0.19%. It designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players and sells a variety of related software, services, accessories, networking solutions and third-party digital content.

Over the last 12 months, the stock price has risen 36% and is now trading with a P/B ratio of 5.13. The price is 1.08% below its 52-week high and 44.27% above its 52-week low.

Bill Gates, founder and director of Microsoft Corp. (MSFT, Financial), sold 4 million shares of the company for $63.48 per share on Feb 2. Since then, the stock price has fallen 0.3% to $63.68.

The company has institutional ownership of 74.53% and insider ownership of 6.95%. It is engaged in designing, manufacturing and selling devices and online advertising. Its products include operating systems for computing devices, servers, phones and other devices.

Over the last 12 months, the stock price has risen 29% and is now trading with a P/B ratio of 7.15. The price is 3.38% below its 52-week high and 32.58% above its 52-week low.

Darryl Green, chief operating officer and president, and Jonas Prising, chairman and CEO, of ManpowerGroup Inc. (MAN, Financial) sold a combined 126,740 shares of the company for an average price of $97.92 per share on Feb. 2 and 3. Since then, the stock price has risen 0.8% to $98.69.

The company has institutional ownership of 95.27% and insider ownership of 0.78%. It is engaged in the employment services industry. It offers permanent, temporary and contract recruitment services, assessment and selection services, training and development services and outsourcing services.

Over the last 12 months, the stock price has risen 37% and is now trading with a P/B ratio of 2.80. The price is 0.30% below its 52-week high and 72.35% above its 52-week low.

David C. Hodgson, director and 10% owner of Trinet Group Inc. (TNET, Financial), sold 17,691,312 shares of the company for $25 per share on Feb. 1. Since then, the stock price has risen 0.2% to $25.05.

The company has institutional ownership of 78.41% and insider ownership of 1.31%. It is a provider of human resources solutions to small to medium-sized businesses. Its HR solutions include services like payroll processing, human capital consulting, employment law compliance and employee benefits.

Over the last 12 months, the stock price has risen 96% and is now trading with a P/B ratio of 60.36. The price is 05.97% below its 52-week high and 125.68% above its 52-week low.

Disclosure: Of the stocks mentioned, I own some shares of Apple (AAPL, Financial).

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