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Shuda Xia
Shuda Xia
Articles (413) 

Weekly Top Insider Buys Highlight for the Week of March 23

The largest Insider Buys this week were for The Home Depot Inc. (HD), Energy Transfer Partners LP (ETP), Tiffany & Co. (TIF), and Enbridge Inc. (ENB).

March 25, 2018 | About:

The largest Insider Buys this week were for The Home Depot Inc. (NYSE:HD), Energy Transfer Partners LP (NYSE:ETP), Tiffany & Co. (NYSE:TIF), and Enbridge Inc. (NYSE:ENB).

The Home Depot Inc. (NYSE:HD): Director Gregory D. Brenneman bought 16,827 shares

Director Gregory D. Brenneman bought 16,827 shares of HD stock on March 21 at the average price of $178.29. The price of the stock has decreased by 3.64% since.

The Home Depot Inc. is an international American retail company that primarily focuses on tools, products, and services in the home improvement area and is the largest home improvement retailer in the U.S. The company operates big-box format stores across all fifty states, all ten provinces in Canada, and Mexico. The company has a market capitalization of $200.62 billion, and as of March 23 it traded at $171.80.

On March 22 Home Depot Inc. announced that it has partnered with Pinterest to dramatically expand Pinterest’s visual discovery feature, Shop the Look, with more than 100,000 new shoppable home décor products. The update includes vanities, faucets, lighting, textiles, and other interior décor. This will enable customers to search and buy similar products to those featured in Pins.

Energy Transfer Partners LP (NYSE:ETP): Director David K. Skidmore bought 10,550 shares

Director David K. Skidmore bought 10,550 shares of ETP stock on March 16 at the average price of $17.12. The price of the stock has decreased by 5.61% since.

Energy Transfer Partners LP is an American natural gas and propane company that is headquartered in Dallas, Texas. It is the parent company of Dakota Access, the company that was developing the controversial Dakota Access Pipeline. As of 2016, the company employs 9,466 people. The company has a market capitalization of $18.81 billion, and as of March 23 it traded at $16.16.

On March 15 Energy Transfer Partners LP announced that it has entered into definitive agreements with Satellite Petrochemical USA Corp. to form a joint venture, Orbit Gulf Coast NGL Exports, LLC, with the goal of constructing a new export terminal on the U.S. Gulf Coast to provide ethane to Satellite for consumption at their ethane cracking facilities in China. Energy Transfer Partners will construct and wholly own the infrastructure that is required to both supply ethane to the pipeline and to load the ethane on to ethane carriers.

Tiffany & Co. (NYSE:TIF): Director Francesco Trapani bought 15,000 shares

Director Francesco Trapani bought 15,000 shares of TIF stock on March 22 at the average price of $98.11. The price of the stock has decreased by 2.21% since.

Tiffany & Co. is an American luxury and jewelry and specialty retailer that focuses on selling jewelry, sterling silver, china, crystal, stationary, fragrances, water bottles, watches, leather goods, and various other personal accessories. The company is particularly known for its diamond and sterling silver jewelry. The company has a market capitalization of $11.93 billion, and as of March 23 it traded at $95.94.

On March 16 Tiffany & Co. reported financial results for the full year of 2017 and the fourth quarter ended Jan. 31, 2018. Worldwide net sales increased 4% to $4.2 billion for the full year of 2017 compared to the prior year while comparable store sales were the same compared to prior year. Net earnings were $370 million for the full year, or $2.96 per diluted share, a 17% decreased compared to prior year’s $446 million, or $3.55 per diluted share. Net sales for the quarter rose 9% to $1.3 billion while comparable store sales rose 3%.

Enbridge Inc. (NYSE:ENB): Senior Officer Robert R. Rooney bought 6,100 shares

Senior Officer Robert Ross Rooney bought 6,100 shares of ENB stock on March 15 at the average price of $40.80. The price of the stock has decreased by 26.69% since.

Enbridge Energy Partners LP is a Canadian multinational energy transportation company that focuses on the distribution, transportation, and generation of energy primarily in North America. The company operates the longest crude oil and liquid hydrocarbons transportation system in North American and owns and operates Canada’s largest natural gas distribution network. The company has a market capitalization of $50.88 billion, and as of March 23 it traded at $29.91.

On March 7 Enbridge Inc. announced that the previously announced all cash tender offer by its wholly-owned subsidiary, Spectra Energy Capital, LLC for all of Spectra Capital’s outstanding 6.75% senior unsecured notes due 2032 expired on March 6. The tender offer was made pursuant to the offer of purchase.

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.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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