Weekly CEO Buys Highlights

Insiders purchase shares in Penske Automotive Group and Brink's

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Oct 30, 2017
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According to GuruFocus' Insider Data, these are the largest CEO buys during the past week.

Penske Automotive Group CEO bought 1,103,996 shares

Penske Automotive Group Inc. (PAG, Financial) Chairman, CEO and 10% owner Roger S. Penske bought 1,103,996 shares for $45.29 per share on Oct. 20. The stock price has increased by 5.52% since.

Penske Automotive is a transportation services company. It operates automotive and commercial vehicle dealership in the U.S. and Western Europe and distributes commercial vehicles, diesel engines and related parts. The company has a market cap of $4.111 billion. Its shares traded at $47.79 with a price-earnings (P/E) ratio of 11.39 as of Oct. 27.

Net income for the three months ended Sept. 30 was $94.3 million compared to $88.5 million for the prior-year period.

Mitsui and Co. Ltd., 10% owner, sold 1,103,996 shares for $45.29 per share on Oct. 20. The stock price has increased by 5.52% since.

Brink's CEO bought 1,280 shares

The Brink's Co. (BCO, Financial) President and CEO Douglas A. Pertz bought 1,280 shares for $78.00 per share on Oct. 26. The stock price has increased by 1.92% since.

Brink's, along with its subsidiaries, provides secure logistics and security solutions including cash-in-transit, ATM replenishment and maintenance, cash management services, including vault outsourcing, money processing and intelligent safe services. The company has a market cap of $4.013 billion. Its shares traded at $79.50 with a price-earnings (P/E) ratio of 47.32 as of Oct. 27.

Net income for the three months ended Sept. 30 was $21.1 million compared to $25.9 million for the prior-year period.

Executive Vice President, Chief Financial Officer Ronald James Domanico bought 3,000 shares for $77.49 per share on Oct. 26. The stock price has increased by 2.59% since.

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.