Weekly CEO Buys Highlight

Details the CEO buys this past week from the following companies: RH, Akamai, American Assets, Community Healthcare Trust and CenturyLink

Author's Avatar
Dec 18, 2017
Article's Main Image

According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of purchases is illustrated in the chart below:

RH CEO bought 10,300 shares

RH (RH, Financial) Chairman, CEO and 10% Owner Gary G. Friedman bought 10,300 shares on Dec. 12 at a price of $97.09. The price of the stock has increased by 2.62% since.

RH, formerly Restoration Hardware Holdings Inc., is a luxury brand in the home furnishings marketplace offering furniture, lighting, textiles, outdoor and garden products. It offers collections through its retail galleries, source books and websites. The company has a market cap of $2.123 billion. Its shares traded at $99.63 with a price-earnings (P/E) ratio of 296.52 as of Dec. 15.

Net (loss) income for the three months ended Oct. 28 was $13.151 million compared to $2.517 million for the prior-year period.

See Remarks Karen Boone sold 22,000 shares of RH stock on Dec. 14 at a price of $99.6. The price of the stock has increased by 0.03% since.

Akamai Technologies CEO bought 17,537 shares

Akamai Technologies Inc. (AKAM, Financial) CEO F. Thomson Leighton bought 17,537 shares on Dec. 15 at a price of $57.01. The price of the stock has increased by 1.32% since.

Akamai is a U.S.-based company which provides cloud services for delivering, optimizing and securing online content and business applications. The company has a market cap of $9.77 billion. Its shares traded at $57.76 with a price-earnings (P/E) ratio of 34.55 as of Dec. 15.

Net income for the three months ended Sept. 30 was $60.512 million compared to $76.00 million for the prior-year period.

President of Prods and Development Rick M. McConnell sold 48,369 shares of AKAM stock on Dec. 13 at a price of $56.83. The price of the stock has increased by 1.64% since.

American Assets Trust CEO bought 25,431 shares

American Assets Trust Inc. (AAT, Financial) Chairman, CEO, President and 10% Owner Ernest S. Rady bought 25,431 shares during the past week at a price of $38.64.

American Assets Trust is a self-administered real estate investment trust based in the U.S. 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 $2.525 billion. Its shares traded at $39.26 with a price-earnings (P/E) ratio of 58.95 as of Dec. 15.

Net income for the third quarter of 2017 was $12.505 million compared to $11.858 million for the prior-year period.

Rady bought 11,271 shares of AAT stock on Dec. 1 at a price of $39.22; 27,673 shares on Dec. 6 at a price of $38.73; 15,034 shares on Dec. 8 at a price of $38.47; 8,063 shares on Dec. 11 at a price of $38.8; and 2,334 shares on Dec. 13 at a price of $39.23. The price of the stock has increased by 0.08% since.

Community Healthcare Trust CEO bought 35,162 shares

Community Healthcare Trust Inc. (CHCT, Financial) Chairman, CEO and President Timothy G. Wallace bought 35,162 shares during the past week at a price of $27.21.

Community Healthcare Trust is a real estate investment trust focusing on healthcare facilities in the U.S. It leases its properties to hospitals or other health care service providers. The company has a market cap of $495.93 million. Its shares traded at $28.22 with a price-earnings (P/E) ratio of 162.18 as of Dec. 15.

Net income for the three months ended Sept. 30 was $579,000 compared to $1.064 million for the prior-year period.

Wallace bought 10,016 shares of CHCT stock on Dec. 7 at a price of $26.85; 10,047 shares on Dec. 8 at a price of $27.33; 10,099 shares on Dec. 11 at a price of $26.93; 10,067 shares on Dec. 12 at a price of $27.18; and 4,949 shares on Dec. 13 at a price of $27.6. The price of the stock has increased by 2.25% since.

CenturyLink CEO bought 50,000 shares

CenturyLink Inc. (CTL, Financial) CEO Glen F. Post III bought 50,000 shares on Dec. 8 at a price of $14.17. The price of the stock has increased by 19.9% since.

CenturyLink operates as a telecommunications company in the U.S. It provides broadband, voice and wireless services to consumers and businesses across the country. The company has a market cap of $18.162 billion. Its shares traded at $16.99 with a price-earnings (P/E) ratio of 29.29 as of Dec. 15.

Net income for the three months ended Sept. 30 was $92 million compared to $152 million for the prior-year period.

Director Steven T. Clontz bought 35,500 shares of CTL stock on Dec. 11 at a price of $15.7. The price of the stock has increased by 8.22% since.

Director Virginia Boulet bought 5,095 shares of CTL stock on Dec. 11 at a price of $15.48. The price of the stock has increased by 9.75% since.

Director Michael James Roberts bought 7,000 shares of CTL stock on Dec. 8 at a price of $14.58. The price of the stock has increased by 16.53% since.

Chairman Harvey P. Perry bought 7,500 shares of CTL stock on Dec. 8 at a price of $14.32. The price of the stock has increased by 18.65% since.

Vice Chairman William Bruce Hanks bought 10,000 shares of CTL stock on Dec. 8 at a price of $14.41. The price of the stock has increased by 17.9% 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.