Insiders Roundup: Walmart, General Electric

Largest insider buys and sales of the week

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Aug 25, 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 “August 2017” and All Insider Sales to “$5,000,000+.”

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

Hill Path Capital Partners LP and Hill Path Capital Partners Co., 10% owners of SeaWorld Entertainment Inc. (SEAS), bought 674,000 shares for $13.32 per share on Aug. 24. Since then, the stock price hasn’t changed.

SeaWorld Entertainment owns theme parks in the U.S. Most of its revenue is obtained from ticket sales to its leisure facilities under brands such as SeaWorld, Sea Rescue and Busch Gardens. The company has an institutional ownership of 95.02% and insider ownership of 4.59%.

Over the last 12 months, the stock price has not changed and is 33.78% below its 52-week high and 20.09% above its 52-week low.

Edward S. Lampert, 10% owner of Lands' End Inc. (LE), bought 218,762 shares for $12.17 per share on Aug. 23. Since then, the stock has increased to $12.90.

It is a multichannel retailer of casual clothing, accessories and footwear as well as home products. The company offers products through catalogs and landsend.com and operates in two segments: Direct and Retail. The company has an institutional ownership of 61.35% and insider ownership of 0.41%.

Over the last 12 months, the stock price has dropped by 33%, and the price is 48.59% below its 52-week high and 8.51% above its 52-week low

Fir Tree Inc., 10% owner of Ultra Petroleum Corp. (UPL), bought 3,044,821 shares for $8.16 per share on Aug. 23. Since then, the stock price has declined to $8.04.

It is an independent oil and natural gas company that is engaged in the development, production, operation, exploration and acquisition of oil and natural gas properties. Its operations are in Wyoming, Utah and Pennsylvania. The company has an institutional ownership of 35.94% and insider ownership of 2.97%.

Over the last 12 months, the stock price has declined by 3%, and the price is 35.11% below its 52-week high and 9.09% above its 52-week low.

General Electric Co. (GE) Director James S. Tisch bought 100,000 shares for $24.56 per share on Aug. 22. Since then, the stock price hasn’t changed.

The company has an institutional ownership of 59.15% and insider ownership of 0.15%. It is a digital industrial company. It operates in various segments including power and water, oil and gas, energy management, aviation, health care, transportation, appliances and lighting and more.

Over the last 12 months, the stock price has dropped by 22%, and the price is 24.68% below its 52-week high and 0.28% above its 52-week low.

Most important insider sales

Frederic B. Luddy, director of ServiceNow Inc. (NOW), sold 100,000 shares for $110.17 per share on Aug. 24. Since then, the stock price hasn’t changed.

It provides cloud-based solutions that define, structure, manage and automate services for enterprise operations in North America, Europe, the Middle East, Africa, the Asia Pacific and other countries. The company has an institutional ownership of 89.67% and insider ownership of 7.28%.

Over the last 12 months, the stock price has risen by 50%, and the price is 4.47% below its 52-week high and 55.13% above its 52-week low.

Peter A. Feld, director of The Brink's Co. (BCO), sold 75,000 shares for $75.72 per share on Aug. 23. Since then, the stock price hasn’t changed.

Along with its subsidiaries it provides secure logistics and security solutions including cash-in-transit, ATM replenishment and maintenance and cash management services including vault outsourcing, money processing and intelligent safe services. The company has an institutional ownership of 2.53% and insider ownership of 84.11%.

Over the last 12 months, the stock price has risen by 102% and the price is 6.52% below its 52-week high and 123.74% above its 52-week low.

Walton S. Robson, director and 10% owner of Walmart Stores Inc. (WMT), sold 474,042 shares for $80.04 per share on Aug. 22. Since then, the stock price hasn’t changed.

It operates retail stores in various formats under various banners. Its operations comprise of three reportable business segments, Walmart U.S., Walmart International and Sam's Club in three categories retail, wholesale and others. The company has an institutional ownership of 30.91% and insider ownership of 1.23%.

Over the last 12 months, the stock price has risen by 11%, and the price is 2.01% below its 52-week high and 23.07% above its 52-week low.

Joey A. Jacobs, CEO of Acadia Healthcare Co. Inc. (ACHC), sold 500,000 shares for $50.69 per share on Aug. 22. Since then, the stock price has declined to $46.58.

Acadia operates mental health care facilities in the U.S. It addresses behavioral abnormalities through psychiatric facilities, substance abuse facilities and residential treatment centers. The company has an institutional ownership of 99.13% and insider ownership of 1.37%.

Over the last 12 months, the stock price has dropped by 9%, and the price is 14.59% below its 52-week high and 42.62% above its 52-week low.

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