Insider Roundup: Nektar Therapeutics, HP

Largest insider trades of the month

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May 04, 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 “$2,000,000+” and the duration to “April 2018.” Set All Insider Sales to “$5,000,000+.”

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

Basswood Capital Management, 10% owner of Bridge Bancorp Inc. (BDGE) bought 118,070 shares for $33.31 per share on May 3.

The company is a provider of commercial and consumer banking. It has a market cap of $672.53 million and an enterprise value of $1.16 billion. It has an institutional ownership of 56.86% and insider ownership of 5.53%.

Over the past 12 months, the stock price has declined 7% and is currently 9.93% below its 52-week high and 14.09% above its 52-week low.

Joseph M. Field, chairman emeritus of Entercom Communications Corp. (ETM), bought 140,500 shares for $9.98 per share on May 03.

The radio broadcasting company has a market cap of $1.42 billion and an enterprise value of $3.26 billion. It has an institutional ownership of 88.42% and insider ownership of 5.65%.

Over the past 12 months, the stock price has declined 8% and is currently 19.11% below its 52-week high and 8.65% above its 52-week low.

Graham M. Weston, director of Cullen/Frost Bankers Inc. (CFR) bought 43,342 shares for $115.22 per share on May 02.

The financial holding and bank holding company has a market cap of $7.26 billion and an enterprise value of $3.3 billion. It has an institutional ownership of 97.05% and insider ownership of 2.72%.

Over the past 12 months, the stock price has risen 23% and is currently 3.18% below its 52-week high and 40.33% above its 52-week low.

Most important insider sales

Director of Hewlett Packard Enterprise Co. (HPE) Margaret C. Whitman sold 674,000 shares for $17.00 per share on May 3.

The communication equipment company has a market cap of $26.25 billion and an enterprise value of $32.57 billion. The company has an institutional ownership of 86.29% and insider ownership of 18%.

Over the past 12 months, the stock price has risen 344% and is currently 13.22% below its 52-week high and 33.18% above its 52-week low.

President and CEO Howard W. Robin, together with Gil M. Labrucherie, which is CFO of Nektar Therapeutics Inc. (NKTR) sold a composed of 220,000 shares for $84.05 per share on May 3.

The company seeks to enable the development of new molecules for therapeutic areas. It has a market cap of $14.17 billion and an enterprise value of $14.12 billion. It has an institutional ownership of 96.86% and insider ownership of 1.70%.

Over the past 12 months, the stock price has risen 331% and is currently 25.69% below its 52-week high and 377.50% above its 52-week low.

Fairfax Financial Holdings Ltd, 10% owner of Intrepid Potash Inc. (IPI) sold 2,093,005 shares for $4.45 per share on May 3.

The company produces and sells potash and potash byproducts. It has a market cap of $570.25 million and an enterprise value of $623.63 million. It has an institutional ownership of 59.25% and insider ownership of 2.58%.

Over the past 12 months, the stock price has risen 106% and is currently 15.04% below its 52-week high 139.01% above its 52-week low.

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