According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
Bank of New York Mellon CEO bought 186,900 shares
Bank of New York Mellon Corp. (BK, Financial) CEO Charles W. Scharf bought 186,900 shares for $53.82 per share on Aug. 8. The stock price has decreased by 3.03% since.
Bank of New York Mellon is an investment company. It provides investment management, investment services and wealth management that help institutions and individuals succeed in markets all over the world. The company has a market cap of $53.921 billion. Its shares traded at $52.19 with a price-earnings (P/E) ratio of 16.05 as of Aug. 11.
Revenue for the second quarter was $3.956 billion compared to $3.776 billion for the prior-year period.
Vice Chairman and Chief Financial Officer Thomas P. Gibbons sold 184,380 shares for $53.95 per share on Aug. 8. The stock price has decreased by 3.26% since.
Chairman and Director Gerald L. Hassell sold 700,719 shares for $53.91 per share on Aug. 7. The stock price has decreased by 3.19% since.
Trian Fund Management LP sold 10 million shares for $53.09 per share on Aug. 9. The stock price has decreased by 1.7% since.
American Assets Trust CEO bought 116,665 shares
American Assets Trust Inc. (AAT, Financial) Chairman, CEO, President and 10% owner Ernest S. Rady bought 116,665 shares during the past week.
Rady bought 52,778 shares for $40.17 per share on Aug. 9 and 63,887 shares for $40.03 per share on Aug. 11.
American Assets is a self-administered real estate investment trust based in the U.S. The company mainly invests in, operates and develops retail, office, residential and mixed-use properties in California, Oregon and Hawaii. The company has a market cap of $2.558 billion. Its shares traded at $39.77 with a P/E ratio of 56.09 as of Aug. 11.
Net income was $5.5 million for the three months ended June 30.
General Electric CEO bought 103,983 shares
General Electric Co. (GE, Financial) CEO and Director John Leonard Flannery bought 103,983 shares for $25.56 per share on Aug. 8. The stock price has decreased by 1.41% since.
The industrial company operates in various segments, including power and water, oil and gas, energy management, aviation, health care, transportation and appliances and lighting. The company has a market cap of $218.18 billion. Its shares traded at $25.20 with a P/E ratio of 25.66 as of Aug. 11.
Net earnings were $1.2 billion for the second quarter.
Director John Joseph Brennan bought 10,000 shares for $25.8 per share on July 24. The stock price has decreased by 2.33% since.
Director James E. Rohr bought 27,425 shares for $25.5 on July 24. The stock price has decreased by 1.18% since.
Senior Vice President Alexander Dimitrief bought 1,845 shares for $25.54 per share on July 24. The stock price has decreased by 1.33% since.
Vice Chairman Elizabeth J. Comstock sold 24,693 shares for $25.65 per share on Aug. 9. The stock price has decreased by 1.75% since.
Plains GP Holdings CEO bought 50,000 shares
Plains GP Holdings LP (PAGP, Financial) Chairman and CEO Greg L. Armstrong bought 50,000 shares for $21.53 per share on Aug. 9. The stock price has decreased by 2.04% since.
Plains GP 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 and Logistics. The company has a market cap of $11.654 billion. Its shares traded at $21.09 with a P/E ratio of 50.58 as of Aug. 11.
Net income was $188 million for the second quarter compared to $101 million for the prior-year period.
Director Everardo Goyanes bought 20,000 shares for $21.25 per share on Aug. 9. The stock price has decreased by 0.75% since.
Etsy CEO bought 64,000 shares
Etsy Inc. (ETSY, Financial) President and CEO Josh Silverman bought 64,000 shares for $15.67 per share on Aug. 8. The stock price has increased by 3.51% since.
Etsy operates a marketplace where people around the world connect, both online and offline, to make, sell and buy goods. The company has a market cap of $1.89 billion. Its shares traded at $16.22 with a P/E ratio of -58.98 as of Aug. 11.
Revenue was $101.692 million for the second quarter as compared to $85.349 million for the prior-year period.
For the complete list of stocks that bought by their company CEOs, go to: CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
