Insiders Roundup: SeaWorld, Kinder Morgan, Salesforce

Largest insider trades for the week of May 29

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Jun 05, 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 “June 2017” and “May 2017” and All Insider Sales to “$5,000,000+.”

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

SeaWorld Entertainment Inc. (SEAS, Financial) 10% owners Hill Path Capital Partners LP and Hill Path Holdings LLC bought 1,168,000 shares for $17.84 per share on June 2. Since then, the stock price has declined to $17.61.

The theme park and entertainment company has an institutional ownership of 94.65% and insider ownership of 4.76%.

Over the last 12 months, the stock price has increased by 3% and is 11.08% below its 52-week high and 52.08% above its 52-week low.

Avnet Inc. (AVT, Financial) Director James A. Lawrence bought 408,451 shares for $36.99 per share on June 2. Since then, the stock price has not changed.

Avnet is a value-added distributor of electronic components, enterprise computer and storage products, IT solutions and services and embedded systems. The company has an institutional ownership of 99.36% and insider ownership of 1.16%.

Over the last 12 months, the stock price has declined 10% and is now trading with a price-book (P/B) ratio of 0.89. The price is 28.16% below its 52-week high and 2.89% above its 52-week low.

Medley Capital Corp BDC. (MCC, Financial) CEO Brook Taube and Director Seth Taube bought 910,712 shares for $6.13 per share on June 2. Since then, the stock price has fallen to $6.10.

The close-ended investment management company's objective is to generate current income and capital appreciation by lending directly to privately-held middle market companies. It has an institutional ownership of 33.09% and insider ownership of 0.53%.

Over the last 12 months, the stock price has fallen 6% and is now trading with a price-earnings (P/E) ratio of 61. The price is 24.32% below its 52-week high and 2.35% above its 52-week low.

Kinder Morgan Inc. (KMI, Financial) Executive Chairman and 10% owner Richard D. Kinder bought 500,000 shares for $18.58 per share on May 30. Since then, the stock price has increased to $18.95

 The energy infrastructure company transports natural gas, refined petroleum products, crude oil, condensate, CO2 and other products. Kinder Morgan has an institutional ownership of 58.28% and insider ownership of 1.17%.

Over the last 12 months, the stock price has increased by 2% and is now trading with a P/E ratio of 59.42. The price is 22.09% below its 52-week high and 6.62% above its 52-week low.

Most important sales of the week

Salesforce.com Inc. (CRM, Financial) Executive Vice President and Chief Legal Officer Burke F. Norton sold 183,767 shares for $90.85 per share on June 2. Since then, the stock price has not changed.

The enterprise cloud computing company has an institutional ownership of 85.71% and insider ownership of 5.53%.

Over the last 12 months, the stock price has increased by 10% and is now trading with a P/B ratio of 8.15. The price is 1.03% below its 52-week high and 36.78% above its 52-week low.

 Coliseum Capital Management sold 145,850 shares of LHC Group Inc. (LHCG, Financial)  for $61.05 per share on June 2. Since then, the stock price has increased to $61.12.

The post-acute health care services provider has an institutional ownership of 83.10% and insider ownership of 6.97%.

Over the last 12 months, the stock price has increased by 40% and is now trading with a P/E ratio of 27.74 The price is 9.61% below its 52-week high and 87.05% above its 52-week low.

The Trade Desk Inc. (TTD, Financial) Director Eric B. Paley sold 138,840 shares for $50.05 per share on June 2. Since then, the stock price has increased to $56.96.

The digital advertising company has an institutional ownership of 57.27% and insider ownership of 1.23%.

Over the last 12 months, the stock price has increased by 89% and is now trading with a P/B ratio of 13.18. The price is 0.77% below its 52-week high and 158.91% above its 52-week low.

McKesson Corp. (MCK, Financial) Chairman, President and CEO John H. Hammergren sold 38,619 shares for $163.76 per share on June 1. Since then, the stock price has increased to $165.70.

The health care company has an institutional ownership of 87.33% and insider ownership of 0.10%.

Over the last 12 months, the stock price has declined 11% and is now trading with a P/B ratio of 3.15. The price is 16.91% below its 52-week high and 44.68% above its 52-week low.

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