Insiders Roundup: Biglari, Alphabet

Largest insider trades of the week

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Feb 16, 2018
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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 “February 2018” and All Insider Sales to “$5,000,000+.”

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

Leon Cooperman (TradesPortfolio), 10% owner of Ditech Holding Corp. (DHCP, Financial), bought 172,254 shares for $10.54 per share on Feb. 14. Since then, the stock price has declined to $9.05.

The company, which provides mortgage services, emegred from chapter 11 bankruptcy on Feb. 9. It has a market cap of $338.23 billion and an enterprise value of $3.73 billion. It has an institutional ownership of 51.76% and insider ownership of 11.09%.

Over the past 12 months, the stock price has risen 145% and is currently 24.58% below its 52-week high and 4.62% above its 52-week low.

Perceptive Life Science Master Fund, 10% owner of La Jolla Pharmaceutical Co. (LJPC, Financial), bought 175,000 shares for $32.72 per share on Feb. 14.

The biopharmaceutical company has a market cap of $729.91 billion and an enterprise value of $615.72 billion. It has an institutional ownership of 86.84% and insider ownership of 7.52%.

Over the past 12 months, the stock price has risen 74% and is currently 20.31% below its 52-week high and 97.25% above its 52-week low.

Sandra Biglari, director and 10% owner of Biglari Holdings Inc. (BH, Financial), bought 3,663 shares for $403.85 per share on Feb. 14.

The holding company, which owns Steak 'n Shake, Maxim magazine, First Guard Insurance and Western Sizzlin', has a market cap of $823.22 million and an enterprise value of $1.01 billion. It has an institutional ownership of 90.34% and insider ownership of 8.55%.

Over the past 12 months, the stock price has declined 10% and is currently 11.75% below its 52-week high and 37.27% above its 52-week low.

Most important insider sales

Estee Lauder Companies Inc.'s (EL, Financial) executive vice president of global supply chain, Gregory Polcer, sold 46,644 shares for $140 per share on Feb. 15.

The beauty products manufacturer has the market cap of $51.35 billion and an enterprise value of $52.66 billion. It has an institutional ownership of 81.12% and insider ownership of 0.20%.

Over the past 12 months, the stock price has risen 64% and is currently 0.64% below its 52-week high and 70.93% above its 52-week low.

Raytheon Co. (RTN, Financial) Chairman and CEO Thomas A. Kennedy sold 44,778 shares for $215.90 per share on Feb. 15.

The U.S. defense contractor has a market cap of $62.95 billion and an enterprise value of $64.6 billion. The company has an institutional ownership of 73.55% and insider ownership of 0.81%.

Over the past 12 months, the stock price has risen 43% and is currently 46.77% above its 52-week low.

John L. Doerr, director of Alphabet Inc. (GOOG, Financial), sold 11,575 shares for $1,079.99 per share on Feb. 15.

The company, which operates the popular internet search engine Google, has a market cap of $758.18 billion and an enterprise value of $660.27 billion. It has an institutional ownership of 34.53% and insider ownership of 3.01%.

Over the past 12 months, the stock price has risen 32% and is currently 8.20% below its 52-week high and 35.62% above its 52-week low.

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