According to GuruFocus' Insider Data, these are the largest CEO buys during the past week.
Dell-VMWare CEO bought 81,573 shares
Dell-VMWare Tracking Stock (DVMT, Financial) CEO Michael S. Dell bought 81,573 shares for $32.70 per share on Oct. 18.
Dell is an information technology company. It offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multicloud, multidevice environments. The company has a market cap of $63.572 billion. Its shares traded at $82.24 with a price-earnings (P/E) ratio of -20.93 as of Oct. 20.
Total net revenue for the three months ended Aug. 4 were $19.299 billion compared to $13.080 billion for the three months ended July 29, 2016.
Infrastructure Solutions Group President David I. Goulden sold 4,700 shares for $76.26 per share on Sept. 26 and sold 72,727 shares for $32.7 per share on Oct. 13.
Akamai Technologies CEO bought 19,670 shares
Akamai Technologies Inc. (AKAM, Financial) CEO F. Thomson Leighton bought 19,670 shares for $50.83 per share on Oct. 16. The stock price has increased by 2.05% since.
Akamai is a U.S.-based company that provides cloud services for delivering, optimizing and securing online content and business applications. The company has a market cap of $8.892 billion. Its shares traded at $51.87 with a price-earnings (P/E) ratio of 29.62 as of Oct. 20.
Revenue for the second quarter was $609 million, a 6% increase over second quarter 2016 revenue of $572 million.
Products and Development President Rick M. McConnell sold 7,579 shares for $51 per share on Oct. 10. The stock price has increased by 1.71% since.
Chief Strategy Officer William Wheaton sold 10,000 shares for $49.81 per share on Oct. 2. The stock price has increased by 4.14% since.
For the complete list of stocks that were bought by their company CEOs, go to: CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
