According to GuruFocus Insider Data, these are the largest CEO buys during the past week.Â
Tallgrass Energy Partners CEO bought 52,540 shares
Tallgrass Energy Partners LP (TEP, Financial) President and CEO David G.Dehaemers Jr. bought 52,540 shares during the past week at a price of $42.07.
Tallgrass Energy Partners focuses on the operation, acquisition and development of natural gas and crude oil in North America. It is also engaged in natural gas processing, treating and fractionation facilities. The company has a market cap of $3.30 billion. Its shares traded at $44.65 with a price-earnings (P/E) ratio of 20.15 as of Dec. 1.
Net income for the third quarter of 2017 was $185.50 million compared to $65.43 million for the prior-year period.
Dehaemers bought 15,000 shares of TEP stock on Nov. 17 at a price of $43.63; 15,000 shares on Nov. 21 at a price of $42.97; 31,501 shares on Nov. 27 at a price of $42.5; 15,000 shares on Nov. 28 at a price of $41.52; and 6,039 shares on Nov. 29 at a price of $41.19. The price of the stock has increased by 8.4% since.
Ten percent Security Holder Sira S.A. Sai sold 100,000 shares of TEP stock on Nov. 23 at a price of $0.6.
American Assets Trust CEO bought 46,569 shares
American Assets Trust Inc. (AAT, Financial) Chairman, CEO, President and 10% Owner Ernest S. Rady bought 46,569 shares during the past week at a price of $39.29.
American Assets Trust is a self-administered real estate investment trust based in the United States. 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 $2.52 billion. Its shares traded at $39.22 with price-earnings (P/E) ratio of 59.60 as of Dec. 1.
Net income for the third quarter of 2017 was $12.505 million compared to $11.858 million for the prior-year period.
Rady bought 5,825 shares of AAT stock on Nov. 17 at a price of $39.46; 40,167 shares on Nov. 21 at a price of $39.34; 8,672 shares on Nov. 24 at a price of $39.43; 26,626 shares on Nov. 29 at a price of $39.27; and 11,271 shares on Dec. 1 at a price of $39.22. The price of the stock has decreased by 0% since.
Johnson Controls International PLC CEO bought 27,300 shares
Johnson Controls International PLC (JCI, Financial) Chairman and CEO George Oliver bought 27,300 shares on November 24 at a price of $36.80. The price of the stock has increased by 1.68% since.
Johnson Controls manufactures, installs and services HVAC systems, building management systems and controls, and industrial refrigeration systems. The firm, along with Tyco International, offers fire and security products and services. The company has a market cap of $34.63 billion. Its shares traded at $37.42 as of Dec. 1.
Net (loss) income for the fourth quarter of 2017 was $927 million compared to $1.132 billion for the prior-year period. Johnson Controls and Tyco merged in Sept. 6, 2016, with Johnson Controls International as the surviving entity.
Vice President and President Global Products BT&S William C. Jackson bought 20,000 shares of JCI stock on Nov. 21 at a price of $36. The price of the stock has increased by 3.94% since.
Hostess Brands CEO bought 50,000 shares
Hostess Brands Inc. (TWNK, Financial) CEO William Douglas Toler bought 50,000 shares on Nov. 24 at a price of $12.88. The price of the stock has increased by 11.41% since.
Hostess Brands is a packaged food company. It is engaged in developing, manufacturing, marketing, selling and distributing fresh baked sweet goods in the U.S. The company has a market cap of $1.872 billion. Its shares traded at $14.35 as of Dec. 1.
Net income for the three months ended Sept. 30 was $16.130 million compared to $33.513 million for the prior-year period.
Director Neil P. Defeo bought 10,000 shares of TWNK stock on November 24 at a price of $12.96. The price of the stock has increased by 10.73% since.
Westlake Chemical Partners LP CEO Bought 25,275 Shares
Westlake Chemical Partners LP (WLKP, Financial) President, CEO, and 10% Owner Albert Chao bought 25,275 shares during the past week at a price of $22.04.
Westlake Chemical Partners operates, acquires and develops facilities for the processing of natural gas liquids as well as other qualified assets. The company has a market cap of $720 million. Its shares traded at $22.35 with a price-earnings (P/E) ratio of 15.73 as of Dec. 1.
Net income for the three months ended September 30, 2017 was $82.245 million compared to $75.859 million for the prior year period.
Chao bought 2,000 shares of WLKP stock on November 22 at a price of $21.49; 2,000 shares on November 22 at a price of $21.49; 10,375 shares on November 27 at a price of $22.12; and 14,900 shares on November 29 at a price of $21.98. The price of the stock has increased by 1.68% 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.
