The largest Insider Buys this week were for Abbott Laboratories (ABT, Financial), Dominion Energy Inc. (D, Financial), Ball Corp. (BLL, Financial) and Invesco Ltd. (IVZ, Financial).
Abbott Laboratories (ABT, Financial): Director Daniel J. Starks bought 40,037 shares
Director Daniel J. Starks bought 40,037 shares of ABT stock on Feb. 27 at the average price of $60.67. The price of the stock has decreased by 1.99% since.
Abbott Laboratories is an American-based international health care company. It has more than 74,000 employees in 150 countries. Some of its products include pharmaceutical drugs, medical devices and nutritional products. The company has a market capitalization of $103.84 billion, and as of March 2 it traded at $59.46.
On Feb. 27 Abbott Laboratories announced that it has entered into an agreement with Surmodics where Abbott Laboratories will have exclusive worldwide commercialization rights for Surmodics’ SurVeil drug-coated balloon. The balloon is used to treat the superficial femoral artery and is currently being evaluated in a U.S. pivotal clinical trial.
Dominion Energy Inc. (D, Financial): Director Joseph M. Rigby bought 2,679 shares
Director Joseph M. Rigby bought 2,679 shares of D stock on Feb. 28 at the average price of $74.65. The price of the stock has decreased by 2.88% since.
Dominion Energy Inc. is an American power and energy company that supplies electricity in Virginia and North Carolina and supplies natural gas to parts of West Virginia, Ohio, Pennsylvania, and eastern North Carolina. The company also holds generation facilities in the states of Illinois, Indiana, Connecticut, and Rhode Island. The company has a market capitalization of $47.24 billion, and as of March 2 it traded at $72.50.
On March 1 Dominion Energy Inc. announced that Dominion Energy Carolina Gas Transmission has completed the Charleston Project in South Carolina and it has been brought into service. This natural gas infrastructure project is dedicated solely to customers in South Carolina and will serve customers in Charleston, Dillon, Lexington and Marlboro counties. Property tax revenue for counties along the project will be an estimated $1.5 million per year.
Ball Corp. (BLL, Financial): Senior Vice President and COO Global Daniel William Fisher bought 9,000 shares
Senior Vice President and COO Daniel William Fisher bought 9,000 shares of BLL stock on Feb. 27 at the average price of $40.1. The price of the stock has decreased by 1.75% since.
Ball Corp. is an American packaging and aerospace company that is known for its products used for home canning such as glass jars, lids, and other related products. The company also holds the distinction of being the largest manufacturer of recyclable metal beverage and food containers. The company has a market capitalization of $13.79 billion, and as of March 2 it traded at $39.40.
On Feb. 6 Ball Corp. announced plans to build a one-line beverage can and end manufacturing plant in Asuncion, Paraguay, and to add capacity to its Buenos Aires, Argentina facility. The investment in the Argentina facility is the third in two years. These investments aim to meet the growing beverage can market demand in Paraguay, Bolivia, and Argentina.
Invesco Ltd. (IVZ, Financial): Director Sarah Beshar bought 2,970 shares
Director Sarah Beshar bought 2,970 shares of IVZ stock on Feb. 27 at the average price of $33.32. The price of the stock has decreased by 3.33% since.
Invesco Ltd. is an American international investment management company that has branch offices in 20 countries. The company operates under the Invesco, Trimark, Invesco perpetual, WL Ross, and Powershares brand names and its common stock is a constituent of the S&P 500. The company has a market capitalization of $13.11 billion, and as of March 2 it traded at $32.21.
On Feb. 21 Invesco Ltd. announced that it is expanding its Invesco Private Capital (Trades, Portfolio) business by naming Carl Stanton as a Managing Partner and Head of Private Equity. Stanton will broaden the scope of the firm’s existing private equity focus to include opportunistic buyouts and special situations. Stanton has over 20 years of experience leading private equity investments and managing private equity teams.
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.
