Largest Insider Trades of the Week

Insiders buy Biglari, sell Adobe

Author's Avatar
Feb 02, 2018
Article's Main Image

The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$200,000+,” the duration to “January 2018”, “February 2018” and All Insider Sales to “$5,000,000+.”

According to these filters, company insiders made the following trades this week.

Sardar Biglari, director and 10% owner of Biglari Holdings Inc. (BH, Financial), bought 2,749 shares for $415.69 per share on Feb. 1.

The holding company, which owns Steak 'n Shake, Maxim magazine and First Guard Insurance, has a market cap of $849.89 million and an enterprise value of $1.04 billion. It has an institutional ownership of 90.65% and insider ownership of 8.55%.

Over the past 12 months, the stock price has declined 5% and is currently 8.89% below its 52-week high and 41.72% above its 52-week low.

Istar Inc., 10% owner of Safety, Income and Growth Inc. (SAFE, Financial), bought 59,281 shares for $17.87 per share on Jan. 29.

The real estate company has a market cap of $316.87 million and an enterprise value of $452.9 million. It has an institutional ownership of 76.79% and insider ownership of 1%.

Over the past 12 months, the stock price has declined 8% and is currently 12.90% below its 52-week high and 0.87% above its 52-week low.

Robert V. Lapenta, chairman, CEO and 10% owner of Revolution Lighting Technologies Inc. (RVLT, Financial), bought 850,000 shares for $3.60 per share on Jan. 29. Since then, the stock price has risen to $4.19.

The electronic components manufacturer has a market cap of $89.11 million and an enterprise value of $143.11 million. It has an institutional ownership of 42.50% and insider ownership of 5.36%.

Over the past 12 months, the stock price has fallen 37% and is currently 54.31% below its 52-week high and 42.03% above its 52-week low.

Most important insider sales

Bryan Lamkin, executive vice president and general manager of digital media at Adobe Systems Inc. (ADBE, Financial), sold 30,000 shares for $199.08 per share on Jan. 31.

The software company has a market cap of $98.01 billion and an enterprise value of $94.07 billion. It has an institutional ownership of 90.77% and insider ownership of 0.34%.

Over the past 12 months, the stock price has risen 73% and is currently 2.48% below its 52-week high and 77.59% above its 52-week low.

Inge G. Thulin, chairman, president and CEO of 3M Co. (MMM, Financial), sold a total of 59,584 shares for an average price of $252.57 per share on Jan. 31.

The manufacturer of industrial and consumer products has a market cap of $146.98 billion and an enterprise value of $156.8 billion. The company has an institutional ownership of 72.58% and insider ownership of 0.29%.

Over the past 12 months, the stock price has risen 42% and is currently 4.63% below its 52-week high and 42.75% above its 52-week low.

Shon A. Boney, director of Sprouts Farmers Market Inc. (SFM, Financial), sold 382,511 shares for $28.04 per share on Jan. 31.

The specialty grocey store chain has a market cap of $3.68 billion and an enterprise value of $4.15 billion. It has an institutional ownership of 90.32% and insider ownership of 0.74%.

Over the past 12 months, the stock price has risen 47% and is currently 2.14% below its 52-week high 59.29% above its 52-week low.

Disclosure: I do not own any stocks mentioned in this article.