Insiders Roundup: Facebook, Target

The largest insider buys and sales of the week

Author's Avatar
Mar 03, 2017
Article's Main Image

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 “$200,000+,” 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.

Steven A. Webster, director of Carrizo Oil & Gas Inc. (CRZO), bought 25,000 shares for $31.25 per share on March 2. Since then, the stock price has declined by 0.9% to $30.96.

Along with its subsidiaries it is engaged in the exploration, development and production of oil and gas from resource plays located in the U.S.

The company has an institutional ownership of 78.19% and insider ownership of 5.29%.

During the last 12 months, the stock price has risen by 47% and is now trading with a price-book (P/B) ratio of 86.0. The price is 29.57% below its 52-week high and 33.51% above its 52-week low.

Magnolia Capital Fund LP, 10% owner of Nicholas Financial Inc. (NICK), bought 63,548 shares for $10.82 per share on March 2. Since then, the stock price has increased by 0.8% to $10.91.

Through its subsidiaries, Magnolia Capital Fund is engaged in acquiring and servicing contracts for purchases of new and used automobiles and light trucks. It also makes direct loans and sells consumer finance-related products.

The company has an institutional ownership of 34.75% and insider ownership of 8.88%.

During the last 12 months, the stock price has risen by 5% and is now trading with a P/B ratio of 0.77. The price is 12.72% below its 52-week high and 27.45% above its 52-week low.

Cathy R. Smith, executive officer of Target Corp. (TGT), bought 5,000 shares for $58.95 per share on March 1. Since then, the stock price has declined by 1.7% to $57.95.

It is engaged in operating general merchandise discount stores in the U.S. The company has an institutional ownership of 62.26% and insider ownership of 0.39%.

During the last 12 months, the stock price has dropped by 27% and is now trading with a P/B ratio of 2.94. The price is 31.13% below its 52-week high and 1.13% above its 52-week low.

Greg L. Armstrong, chairman of the board and CEO of Plains GP Holdings LP Class AÂ (PAGP), bought 50,000 shares for $31 per share on March 1. Since then, the stock price has increased by 0.6% to $32.86.

Through its general partner Plains All American Pipeline (PAA, Financial) Plains GP Holdings LLC is engaged in the transportation, storage, terminaling and marketing of crude oil, NGL and natural gas.

The company has an institutional ownership of 52.91% and insider ownership of 0.45%.

During the last 12 months, the stock price has risen by 55% and is now trading with a P/B ratio of 10.93. The price is 20.28% below its 52-week high and 52.13% above its 52-week low.

Most important sales of the week

Vivo Ventures Fund VII LP, 10% owner of Aclaris Therapeutics Inc. (ACRS), sold 425,000 shares for $30.82 per share on March 2. Since then, the stock price has not changed.

It is a clinical stage pharmaceutical company. It is engaged in identifying, developing and commercializing differentiated topical drugs to address unmet needs in dermatology.

The company has an institutional ownership of 68.35% and insider ownership of 6.18%.

During the last 12 months, the stock price has risen by 71% and is now trading with a P/B ratio of 8.14. The price is 4.61% below its 52-week high and 118.20% above its 52-week low.

Michael Andrew Kumin, director and 10% owner, and Great Hill Equity Partners IV, 10% owner, of Wayfair Inc. Class AÂ (W) each sold 500,000 shares for $38.12 per share on March 2. Since then, the stock price has dropped by 2.3% to $37.23.

It is engaged in the e-commerce business. It offers visually inspiring browsing, compelling merchandising and easy product discovery. It offers brands including Wayfair.com, Joss & Main, AllModern, DwellStudio and Birch Lane.

The company has an institutional ownership of 53.41% and insider ownership of 1.64%.

During the last 12 months, the stock price has dropped by 18% and is now trading with a P/B ratio of 40.25. The price is 24.54% below its 52-week high and 34.89% above its 52-week low.

Jim C. Walton, 10% owner, Alice L. Walton, 10% owner, and Robson Walton, director and 10% owner, of Walmart Stores Inc. (WMT) each sold 4,542,361 shares for $70.54 per share on March 2. Since then, the stock price has increased by 0.3% to $70.76.

It operates retail stores in various formats under various banners. Its operations comprise of three reportable business segments, Walmart U.S., Walmart International and Sam's Club in three categories – retail, wholesale and others.

The company has an institutional ownership of 20.52% and insider ownership of 1.08%.

During the last 12 months, the stock price has risen by 7% and is now trading with a P/B ratio of 2.80. The price is 5.89% below its 52-week high and 12.82% above its 52-week low.

Mark Zuckerberg, chairman of the board, CEO and 10% owner of Facebook Inc. Class AÂ (FB), sold 386,116 shares for $135.97 per share on Feb 28. Since then, the stock price has risen by 0.6% to $136.76.

It operates a social networking website. The company's products are Facebook, Instagram, Messenger, WhatsApp and Oculus. Its products enable people to connect and share through mobile devices and personal computers.

The company has an institutional ownership of 43.08% and insider ownership of 0.29%.

During the last 12 months, the stock price has risen by 25% and is now trading with a P/B ratio of 6.66. The price is 0.77% below its 52-week high and 31.00% above its 52-week low.

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

Start a free seven-day trial of Premium Membership to GuruFocus.