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:
FS Investment Corp. CEO bought 22,922 shares
FS Investment Corp. (FSIC, Financial) CEO Michael C. Forman bought 22,922 shares during the past week at a price of $7.44.
FS Investment is an investment company. Its business objective is to achieve long-term capital appreciation and income by investing in a diverse range of sectors such as capital goods, apparels and financial services. The company has a market cap of $1.89 billion. Its shares traded at $7.70 with a price-earnings (P/E) ratio of 5.08 as of Jan. 5.
Net investment income for the third quarter of 2017 was $50.648 million compared to $49.0 million for the prior-year period.
CEO Michael C. Forman bought 16,531 shares of FS Investment stock on Dec. 28 at a price of $7.46; 16,322 shares on Dec. 29 at a price of $7.42; and 6,600 shares on Jan. 2 at a price of $7.49. The price of the stock has increased by 2.8% since.
Director Thomas Gravina bought 5,000 shares of FSIC stock on Jan. 2 at a price of $7.54; 5,000 shares on Jan. 3 at a price of $7.66; and 4,500 shares on Jan. 4 at a price of $7.66. The price of the stock has increased by 0.52% since.
Executive Vice President Zachary Klehr bought 2,000 shares of FS Investment stock on Jan. 2 at a price of $7.45. The price of the stock has increased by 3.36% since.
Director Gregory P. Chandler bought 675 shares of FS Investment stock on Dec. 29 at a price of $7.4. The price of the stock has increased by 4.05% since.
Investors Real Estate Trust CEO bought 30,000 shares
Investors Real Estate Trust (IRET, Financial) President, CEO, and CIO Mark Okey Decker Jr. bought 30,000 shares on Jan. 4 at a price of $5.58. The price of the stock has decreased by 0.9% since.
Investors Real Estate Trust is a real estate investment trust that owns and operates income producing real estate properties. Its multifamily leases are for one-year term and commercial properties are leased to tenants under long-term lease arrangements. The company has a market cap of $744.64 million. Its shares traded at $5.53 with a price-earnings (P/E) ratio of 16.71 as of Jan. 5.
Net loss income for the three months ended Oct. 31, 2017 was $13.139 million compared to $12.290 million for the prior-year period.
EVP and CFO John Kirchmann bought 1,000 shares of Investors Real Estate Trust stock on Dec. 27 at a price of $5.7 and 10,000 shares on Jan. 3 at a price of $5.68. The price of the stock has decreased by 2.64% since.
Director Michael T. Dance bought 10,000 shares of Investors Real Estate Trust stock on Jan. 4 at a price of $5.5. The price of the stock has increased by 0.55% since.
Director Jeffrey Caira bought 45,000 shares of Investors Real Estate Trust stock on Dec. 14 at a price of $5.79. The price of the stock has decreased by 4.49% 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.
