Weekly Top Insider Buys Highlight for the Week of Jan. 12

The largest Insider Buys this week were for Salesforce.com Inc. (CRM), Everest Re Group Ltd. (RE), Lamb Weston Holdings Inc. (LW) and Dave & Buster's Entertainment Inc. (PLAY)

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Jan 14, 2018
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The largest Insider Buys this week were for Salesforce.com Inc. (CRM, Financial), Everest Re Group Ltd. (RE, Financial), Lamb Weston Holdings Inc. (LW, Financial) and Dave & Buster's Entertainment Inc. (PLAY, Financial).

Salesforce.com Inc. (CRM, Financial): Director Susan Wojcicki bought 6,000 shares

Director Susan Wojcicki bought 6,000 shares of CRM stock on Jan. 9 at the average price of $109.14. The price of the stock has increased by 1.01% since.

Salesforce.com Inc. is an American cloud computing company. Although most of its revenue comes from a customer relationship management product, the company also capitalizes on commercial applications of social networking through acquisition. The company has a market capitalization of $79.63 billion, and as of Jan. 12 it traded at $110.24.

On Jan. 11, Salesforce.com Inc. announced that the Salesforce Tower located in San Francisco will feature the largest on-site water recycling system in a commercial high-rise building in the U.S. This marks a major milestone in the company’s ongoing sustainability journey and is the first of its kind. The blackwater system will be the first partnership in the U.S. between a city government, building owner, and a tenant to support blackwater reuse in a commercial building.

Everest Re Group Ltd. (RE, Financial): Director John A. Graf bought 2,285 shares

Director John A. Graf bought 2,285 shares of RE stock on Jan. 8 at the average price of $219.07. The price of the stock has increased by 2.34% since.

Everest Re Group Ltd. is a Bermuda holding company that operates through various subsidiaries such as Everest Reinsurance Company (Ireland), Everest Reinsurance (Bermuda), and Everest Insurance. The company provides reinsurance and insurance to property and casualty markets and reinsurance to life insurers. The company has a market capitalization of $9.21 billion, and as of Jan. 12 it traded at $224.20.

On Jan. 5 Everest Re Group Ltd. announced that Jonathan M. Zaffino has been named President and CEO of the Everest Insurance Division, effective immediately. Mr. Zaffino joined the company in 2015 and held the position of President of the North America Insurance Division.

Lamb Weston Holdings Inc. (LW, Financial): Director Peter J. Bensen bought 5,000 shares

Director Peter J. Bensen bought 5,000 shares of LW stock on Jan. 8 at the average price of $58.18. The price of the stock has increased by 0.17% since.

Lamb Weston Holdings Inc. is an American packaged foods company that is a spinoff of Conagra Brands Inc. and focuses on frozen potato products. The spinoff was completed on Nov. 9, 2016. The company has a market capitalization of $8.52 billion, and as of Jan. 12 it traded at $58.28.

On Dec. 20, 2017, Lamb Weston Holdings Inc. announced the appoint of Peter J. Bensen to its Board of Directors, effective immediately. Mr. Bensen served as McDonald’s Corporation’s CAO from March 2015 to his retirement in September of 2016.

Dave & Buster's Entertainment Inc. (PLAY, Financial): Director Kevin M. Sheehan bought 10,000 shares

Director Kevin M. Sheehan bought 10,000 shares of PLAY stock on Jan. 8 at the average price of $45.58. The price of the stock has increased by 5.13% since.

Dave & Buster's Entertainment Inc. is an American international chain of restaurant and entertainment businesses. Each Dave and Buster’s location has a full-service restaurant and a video arcade. The company has 103 locations in the United States and Canada. The company has a market capitalization of $1.95 billion, and as of Jan. 12 it traded at $47.92.

On Dec. 5, 2017, Dave & Buster's Entertainment Inc. announced financial results for the third quarter of 2017, ended Oct. 29. Total revenues for the quarter were $250.0 million, an increase of 9.3% compared to total revenues of $228.7 million during the same quarter prior year. Comparable store sales decreased 1.3% for the quarter compared to the same quarter prior year. The company opened one new store in the quarter.

For the complete list of stocks that were bought by their company executives, go to: Insider Trades.

Disclosure: I do not own stock in any of the companies mentioned in the article.