Insiders Roundup: Facebook, Apollo, Tesla, Apple

The largest insider trades of the week

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May 12, 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 “May 2017” and All Insider Sales to “$5,000,000+.”

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

Seritage Growth Properties Class AÂ (SRG) 10% owner Bruce L. Berkowitz bought 62,400 shares for $39.94 per share on May 11. Since then, the stock price has not changed.

Seritage operates in the real estate sector of the U.S. As a self-managed REIT, it focuses mainly on investing in retail properties. Its revenue is in the form of rents received through letting out its properties.

The company has an institutional ownership of 37.69% and insider ownership of 1.52%.

Over the last 12 months, the stock price has dropped by 17% and is now trading with a price-book (P/B) ratio of 2.65. The price is 23.20% below its 52-week high and 1.09% above its 52-week low.

Peabody Energy Corp. (BTU) 10% owner Elliott International LP bought 299,473 shares for $24.33 per share on May 10. Since then, the stock price has increased to $24.74.

The company owns interests in approximately 26 coal mining operations located in the U.S. and Australia.

The private-sector coal company has an institutional ownership of 221.33%.

Over the last 12 months, the stock price has dropped by 19% and is now trading with a P/B ratio of 0.01. The price is 9.46% below its 52-week high and 11.72% above its 52-week low.

Plains GP Holdings LP Class AÂ (PAGP) Chairman of the Board and CEO Greg L. Armstrong bought 100,000 shares for $27.64 per share on May 10. Since then, the stock price has not changed.

It owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids, natural gas and refined products. Its business segments are Transportation, Facilities and Supply & Logistics.

The company has an institutional ownership of 55.81% and insider ownership of 0.32%.

Over the last 12 months, the stock price has risen by 10%, and the price is 33.07% below its 52-week high and 6.20% above its 52-week low.

Apollo Global Management LLC Class AÂ (APO) 10% owner Tiger Global Management LLC bought 431,500 shares for $26.86 per share on May 9. Since then, the stock price has increased to $27.06.

It is an alternative-asset management company. It invests and manages funds on behalf of prominent pension, endowment and sovereign wealth funds as well as other institutional and individual investors.

The company has an institutional ownership of 90.52% and insider ownership of 2.04%.

Over the last 12 months, the stock price has risen by 60%, and the price is 2.74% below its 52-week high and 89.61% above its 52-week low.

Most important sales of the week

Comcast Corp. Class AÂ (CMCSA) Senior Vice President Stephen B. Burke sold 258,380 shares for $38.99 per share on May 10. Since then, the stock price has increased to $39.26.

It is a media and technology company. It has two operations: Comcast Cable and NBCUniversal.

The company has an institutional ownership of 85.68% and insider ownership of 0.13%.

Over the last 12 months, the stock price has risen by 26% and is now trading with a P/B ratio of 3.38. The price is 3.35% below its 52-week high and 31.70% above its 52-week low.

Tyler Technologies Inc. (TYL) Director Larry D. Leinweber sold 50,415 shares for $165.96 per share on May 10. Since then, the stock price has risen to $167.02.

It is a provider of integrated information management solutions and services to address the information technology needs in areas of operations for cities, counties, schools and other local government entities.

The company has an institutional ownership of 91.01% and insider ownership of 4.62%.

Over the last 12 months, the stock price has risen by 13% and is now trading with a P/B ratio of 6.41. The price is 4.91% below its 52-week high and 19.72% above its 52-week low.

Tesla Inc. (TSLA) Chief Technical Officer Jeffrey B. Straubel sold 109,100 shares for $307.81 per share on May 9 and Director Robyn M. Denholm sold 20,000 shares for $311.76 per share on May 8.

It is a vertically integrated sustainable energy company. It designs, develops, manufactures and sells high-performance fully electric vehicles and electric vehicle powertrain components.

The company has an institutional ownership of 65.17% and insider ownership of 0.34%.

Over the last 12 months, the stock price has risen by 56% and is now trading with a P/B ratio of 10.63. The price is 0.74% below its 52-week high and 82.51% above its 52-week low.

Apple Inc. (AAPL) Director Arthur D. Levison sold 35,000 shares for $153.88 per share on May 9. Since then, the stock price has not changed.

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.

The company has an institutional ownership of 61.99% and insider ownership of 0.19%.

Over the last 12 months, the stock price has risen by 70% and is now trading with a P/B ratio of 5.98. The price is 0.60% below its 52-week high and 72.07% above its 52-week low.

Facebook Inc. Class A (FB) Chief Technology Officer Michael Todd Schroepfer sold 37,919 shares for $151.21 per share on May 9. Since then, the stock price has risen to $150.04.

It operates a social networking web site. 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 57.58% and insider ownership of 0.19%.

Over the last 12 months, the stock price has risen by 25% and is now trading with a P/B ratio of 6.99. The price is 2.32% below its 52-week high and 38.63% above its 52-week low.

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

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