According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
OPKO Health CEO bought 247,100 shares
OPKO Health Inc. (OPK, Financial) CEO, Chairman, and 10% Owner Phillip Frost bought 247,100 shares during the past week at an average price of $3.20 per share.
The diversified health care company, whose business includes diagnostics and provision of pharmaceutical products, has a market cap of $1.77 billion. Its shares traded around $3.17 on Friday.
Consolidated revenue for the quarter ended Dec. 31 was $193.7 million, compared to $275.5 million in the prior-year period.
Frost bought 30,000 shares on Mar. 22 at a price of $3.32; 25,000 shares on Mar. 23 at a price of $3.27; 26,000 shares on Mar. 26 at a price of $3.19; 86,100 shares on Mar. 27 at a price of $3.25; and 80,000 shares on Mar. 28 at a price of $3.07. The price of the stock has increased by 3.26% since.
Senior Vice President and Chief Financial Officer Adam Logal bought 2,065 shares on March 13 for $3.4 per share. The stock price has declined 6.76% since then.
Executive Vice President of Administration Steven D. Rubin bought 6,000 shares on March 7 for $3.25 per share. Since then, the stock price has decreased 2.46%.
Schlumberger CEO bought 10,000 shares
Schlumberger Ltd. (SLB, Financial) CEO Paal Kibsgaard bought 10,000 shares on Mar. 26 at a price of $64.68. The price of the stock has increased by 0.15% since.
Schlumberger is a supplier of products and services to the oil and gas industry. It provides technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. The company has a market cap of $89.78 billion. Its shares traded at $64.78 as of Mar. 30.
Net income for the fourth quarter of 2017 was $2.26 billion compared to net income of $204 million for the prior-year period.
President of the Eastern Hemisphere Mogharbel Khaled Al bought 3,000 shares on March 28 at a price of $64.30. The price of the stock has increased by 0.75% since.
Executive Vice President of New Ventures Patrick Schorn bought 5,000 shares on March 26 at a price of $64.79. The price of the stock has decreased by 0.02% since.
Enterprise Products Partners CEO bought 24,665 shares
Enterprise Products Partners L.P. (EPD, Financial) CEO A. J. Teague bought 24,665 shares on Mar. 29 at a price of $24.54. The price of the stock has decreased by 0.24% since.
Enterprise Products Partners is a limited partnership, which is engaged in transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. The company has a market cap of $53.16 billion. Its shares traded at $24.48 with a price-earnings ratio of 18.86 as of Mar. 30.
Net income for the fourth quarter of 2017 was $797.3 million compared to $669.7 million for the prior-year period.
Teague bought 20,000 shares on Mar. 7 at a price of $24.86. The price of the stock has decreased by 1.53% since.
Athenex CEO bought 12,500 shares
Athenex Inc. (ATNX, Financial) CEO and Chairman of the Board Johnson Yiu Nam Lau bought 12,500 shares on Mar. 26 at a price of $14.76. The price of the stock has increased by 15.24% since.
Athenex is a global biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapies for the treatment of cancer. The company has a market cap of $1.06 billion. Its shares traded at $17.01 as of Mar. 30.
Revenue for the quarter ended Dec. 31, 2017 was $14.9 million compared to $5.1 million for the quarter ended Dec. 31, 2016.
Director Jinn Wu bought 10,000 shares on Mar. 26 at a price of $14.66. The price of the stock has increased by 16.03% since.
Executive Vice President and Chief Medical Officer Rudolf Kwan bought 2,000 shares on Mar. 26 at a price of $14.65. The price of the stock has increased by 16.11% since.
Chief Operating Officer and President of Pharmaceutical Division Jeffrey Yordon bought 5,000 shares on Mar. 26 at a price of $14.69. The price of the stock has increased by 15.79% since.
Encana CEO bought 2,000 shares
Encana Corp. (ECA, Financial) President and CEO Douglas James Suttles bought 2,000 shares on Mar. 28 at an average price of $10.93 per share.
Encana is an independent oil and gas producer in North America. It is engaged in developing diverse resource plays producing natural gas, oil, and Natural Gas Liquids (NGL). The company is also engaged in marketing natural gas, oil, and NGLs. The company has a market cap of $10.57 billion. Its shares traded at $11.00 with a price-earnings (P/E) ratio of 12.94 as of Mar. 30.
Revenue for the fourth quarter of 2017 was $1.21 billion compared to $822 million for the fourth quarter of 2016.
Suttles bought 1,000 shares on Mar. 28 at a price of $10.74 and another 1,000 shares the same day at a price of $11.12. The price of the stock has decreased by 1.08% since.
For a complete list of stocks bought by company CEOs, go to: CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
