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Shuda Xia
Shuda Xia
Articles (67) 

Weekly Top Insider Buys Highlight for the Week of June 16

The largest Insider Buys were for Alexion Pharmaceuticals, Coty, Macy's and Range Resources

June 17, 2017 | About:

The largest Insider Buys this week were for Alexion Pharmaceuticals Inc. (NASDAQ:ALXN), Coty Inc. (NYSE:COTY), Macy's Inc. (NYSE:M) and Range Resources Corp (NYSE:RRC).

Alexion Pharmaceuticals Inc. (NASDAQ:ALXN): Director Bros. Advisors LP Baker bought 2,009,734 shares

Director Bros. Advisors LP Baker bought 660,779 shares of ALXN stock on June 15 at the average price of $117.33. The price of the stock has decreased by 2.86% since.

Alexion Pharmaceuticals Inc. is an American pharmaceutical company best known for its development of Soliris, a drug used to treat the rare disorders atypical hemolytic uremic syndrome and paroxysmal nocturnal hemoglobinuria. The company is also involved in immune system research that focuses on autoimmune diseases. The company has a market cap of $25.59 billion, and as of June 16 it traded at $113.98.

On May 16 Alexion Pharmaceuticals Inc announced a strategic partnership with The Rady Children’s Institute for Genomic Medicine to accelerate the diagnosis of critically ill newborns with rare genetic disorders. The collaboration combines genomic research expertise from the institute with the company’s data science and bioinformatics capabilities to advance diagnostic techniques for infants.

Coty Inc. (NYSE:COTY): Chief Legal Officer Greerson Greene McMullen bought 20,200 shares

Chief Legal Officer Greerson Greene McMullen bought 20,200 shares of COTY stock on June 14 at the average price of $19.32. The price of the stock has decreased by 1.4% since.

Coty Inc. is an American international beauty products manufacturer. The company’s main products include fragrances, color cosmetics and skin and body care products. The company owns the major brands of Calvin Klein, Chloie, Davaidoff, Marc Jacobs, Philosophy, Adidas, Playboy and Rimmel London. The company has a market cap of $19.23 billion, and as of June 16 it traded at $19.05.

On May 10 Coty Inc. announced results for its fiscal third quarter 2017, ended March 31. The company reported a net revenue of $2.03 billion, an increase of over 100% compared to net revenues in the prior-year period. The company also reported an adjusted operating income of $208.3 million, an increase of more than 100% from 102.6 million for the company in the prior year period.

Macy's Inc. (NYSE:M): Director William H. Lenehan bought 4,390 shares

Director William H. Lenehan bought 4,390 shares of M stock on June 15 at the average price of $22.72. The price of the stock has increased by 0.92% since.

Macy's Inc. is an American holding company that owns the department store chains Macy’s and Bloomingdale’s, both of which specialize in the sales of clothing, footwear, accessories, bedding, furniture, jewelry, beauty products and various household items. The company has a market cap of $6.98 billion and as of June 16 it traded at $22.93.

On June 1 Macy's Inc. announced the appointment of Yasir Anwar to the role of executive vice president and chief technology officer effective immediately. Anwar will oversee all technology functions for the company and will drive the alignment of the company’s technological efforts with the company’s strategical efforts. He will also be responsible for the beams that build the ecommerce experience, infrastructure, field services and enterprise shared services.

Range Resources Corp (NYSE:RRC): Director James M. Funk bought 4,000 Shares

Director James M. Funk bought 4,000 shares of RRC stock on June 14 at the average price of $22.96. The price of the stock has increased by 1.83% since.

Range Resources Corp. is an American petroleum and natural gas exploration and production company. As of Dec. 31, the company had 12.1 trillion cubic feet of natural gas equivalent of estimated reserves, of which 65% was natural gas and 31% was natural gas liquids. The remaining 4% of reserve was petroleum. As of 2016, the company had a total asset worth of $11.282 billion. The company has a market cap of $5.79 billion, and as of June 16 it traded at $23.38.

On June 1, Range Resources Corp. announced that its board of directors has declared a quarterly cash dividend on its common stock for the second quarter. A dividend of 2 cents per common share is payable on June 30 to stockholders of record at the close of business on June 15.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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