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 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.
MitsuiÂ and Co. Ltd., 10% owner, sold 1,103,996 shares for $45.29 per shareÂ on Oct. 20. TheÂ stockÂ price has increased by 5.52% since.
Brink's CEO bought 1,280 shares
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 shareÂ on Oct. 26. TheÂ stockÂ 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.
- 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.