Weekly CEO Buys Highlight

Details the CEO buys this past week from the following companies: Dell Technologies and Martin Midsteam Partners

Author's Avatar
Jan 15, 2018
Article's Main Image

According to GuruFocus Insider Data, these are the largest CEO buys during the past week.Â

Dell Technologies CEO bought 12,967 shares

Dell Technologies Inc. (DVMT, Financial) CEO Michael S. Dell bought 12,967 shares of Dell-VMWare tracking stock on Jan. 8 at a price of $33.17.

Dell-VMWare is an information technology company. It offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multi-cloud, multi-device environments. The company has a market cap of $67.49 billion. Its shares traded at $86.75 as of Jan. 12.

Net income attributable to Class V tracking stock for the three months ended Nov. 3, 2017 was $223 million compared to $175 million for the three months ended Oct. 28, 2016.

President of Infrastructure Solutions Group David I. Goulden sold 4,700 shares of Dell Technologies stock on Dec. 28 at a price of $80.93. The price of the stock has increased by 7.19% since.

Martin Midstream Partners LP CEO bought 1,090 shares

Martin Midstream Partners LP (MMLP, Financial) President, CEO, and 10% Owner Ruben S. Martin bought 1,090 shares on Jan. 11 at a price of $15.01. The price of the stock has increased by 5.6% since.

Martin Midstream Partners LP provides terminalling and storage services for petroleum products and by-products; natural gas services; sulfur and sulfur-based products and marine transportation services. The company has a market cap of $609.38 million. Its shares traded at $15.85 with a price-earnings (P/E) ratio of 37.47 as of Jan. 12.

Net income (loss) for the three months ended Sept. 30, 2017 was $16.29 million compared to $933 thousand for the prior-year period.

Executive VP and CFO Robert D. Bondurant bought 434 shares of MMLP stock on Jan. 11 at a price of $15.01. The price of the stock has increased by 5.6% since.

For the complete list of stocks that were bought by their company CEOs, go to: CEO Buys.

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