Insiders Buy Target, Advance Auto Parts

Largest insider buys and sales of the week

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Mar 10, 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 “$200,000+,” the duration to “March 2017” and All Insider Sales to “$5,000,000+.”

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

Target Corp. (TGT) Director Donald R. Knauss bought 10,000 shares for $54.86 per share on March 9. Since then, the stock price has increased by 0.6% to $55.20.

It is engaged in operating general merchandise discount stores in the U.S.

The company has an institutional ownership of 62.83% and insider ownership of 0.39%.

During the last 12 months, the stock price has dropped by 32% and is now trading with a price-book (P/B) ratio of 2.80. The price is 34.40% below its 52-week high and 1.45% above its 52-week low.

L.B. Foster Co. Class A (FSTR) Director and 10% owner Bradley Vizi bought 44,108 shares for $13.80 per share on March 9. Since then, the stock price has increased by 0.4% to $13.85.

It manufactures, fabricates and distributes products and services for the rail, construction, energy and utility markets.

The company has an institutional ownership of 36.68% and insider ownership of 5.90%.

During the last 12 months, the stock price has dropped by 13% and is now trading with a P/B ratio of 1.07. The price is 33.32% below its 52-week high and 49.73% above its 52-week low

KBR Inc. (KBR) Executive Vice President and Chief Financial Officer Mark W. Sopp bought 15,000 shares for $14.53 per share on March 9. Since then, the stock price has risen by 1.4% to $14.74.

Along with its subsidiaries KBR is an engineering, construction and services company supporting the energy, hydrocarbons, power, minerals, civil infrastructure, government services, industrial and commercial market segments.

The company has an institutional ownership of 77.14% and insider ownership of 1.57%.

During the last 12 months, the stock price has risen by 1% and is now trading with a P/B ratio of 2.78. The price is 17.88% below its 52-week high and 22.02% above its 52-week low.

Advance Auto Parts Inc(AAP) President and CEO Thomas Greco bought 6,500 shares for $154.29 per share on March 7. Since then, the stock price has increased by 0.6% to $155.15.

It is a specialty retailer of automotive aftermarket parts, accessories, batteries and maintenance items mainly operating within the U.S.

The company has an institutional ownership of 75.32% and insider ownership of 4.35%.

During the last 12 months, the stock price has dropped by 1% and is now trading with a P/B ratio of 3.92. The price is 12.75% below its 52-week high and 16.67% above its 52-week low.

Most important sales of the week

Public Storage (PSA) Senior Vice President and Chief Financial Officer John Reyes sold 65,000 shares for $225.09 per share on March 8. Since then, the stock price has dropped by 1.2% to $222.34.

The company has an institutional ownership of 59.41% and insider ownership of 0.38%. It is engaged in the acquisition, development, ownership and operation of self-storage facilities that offer storage spaces for lease, generally on a month-to-month basis, for personal and business use.

During the last 12 months, the stock price has dropped by 11% and is now trading with a P/B ratio of 7.64. The price is 19.91% below its 52-week high and 10.81% above its 52-week low.

CSX Corp. (CSX) director Mantle Ridge LP sold 1,729,478 shares for $48.57 per share on March 7. Since then, the stock price has dropped by 2.0% to $47.58.

The company has an institutional ownership of 54.77% and insider ownership of 0.17%. It operates as a transportation supplier. It provides rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers.

During the last 12 months, the stock price has risen by 88% and is now trading with a P/B ratio of 3.78. The price is 24.54% below its 52-week high and 34.89% above its 52-week low.

American Tower Corp. (AMT) Chairman, President and CEO James D. Taiclet Jr. sold 69,760 shares for $114.62 per share on March 7. Since then, the stock price has dropped by 1.4% to $113.

It is an owner, operator and developer of wireless and broadcast communications real estate. The company's main business is leasing antenna space on multitenant communications sites to different providers. The company has an institutional ownership of 71.20% and insider ownership of 0.64%.

During the last 12 months, the stock price has risen by 19% and is now trading with a P/B ratio of 7.13. The price is 4.45% below its 52-week high and 20.61% above its 52-week low.

Lowe's Companies Inc. (LOW) President and CEO Robert A. Niblock sold 447,000 shares for $81.07 per share on March 7. Since then, the stock price has not changed.

The company has an institutional ownership of 55.63% and insider ownership of 0.38%. It is a home improvement retailer that serves home owners, renters and commercial business customers.

During the last 12 months, the stock price has risen by 15% and is now trading with a P/B ratio of 11.48. The price is 2.96% below its 52-week high and 25.13% above its 52-week low.

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

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