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Shuda Xia
Shuda Xia
Articles (159) 

Weekly Top Insider Buys Highlight for the Week of May 18

The largest Insider Buys this week were for JPMorgan Chase & Co. (JPM), Philip Morris International Inc. (PM), Caterpillar Inc. (CAT), and Ford Motor Co. (F).

May 19, 2018 | About:

The largest Insider Buys this week were for JPMorgan Chase & Co. (NYSE:JPM), Philip Morris International Inc. (NYSE:PM), Caterpillar Inc. (NYSE:CAT), and Ford Motor Co. (NYSE:F).

JPMorgan Chase & Co. (NYSE:JPM): Director Todd A. Combs bought 13,000 shares

Director Todd A. Combs bought 13,000 shares of JPM stock on May 14 at the average price of $114.61. The price of the stock has decreased by 3.04% since.

JPMorgan Chase & Co. is an American multinational banking and financial services holding company and the largest bank in the United States. The company is also the world’s third largest bank by total assets, totaling roughly $2.5 trillion. The company offers services in investment banking, asset management, private banking, and private wealth management. The company has a market capitalization of $378.37 billion, and as of May 18 it traded at $111.13.

On May 15 JPMorgan Chase & Co. announced that the board of directors has declared a quarterly dividend of $0.56 per outstanding common share. The dividend is payable on July 31 to stockholders of record at the close of business on July 6.

Philip Morris International Inc. (NYSE:PM): Director Jennifer Li bought 40,000 shares

Director Jennifer Li bought 40,000 shares of PM stock on May 14 at the average price of $81.3. The price of the stock has decreased by 0.68% since.

Philip Morris International Inc. is an American international cigarette and tobacco manufacturing company best known for its Marlboro brand. The company has sold products in over 180 countries and is a component of the S&P 100. The company has a market capitalization of $125.52 billion, and as of May 18 it traded at $80.75.

On April 19 Philip Morris International Inc. reported first quarter 2018 results. Reported diluted earnings for the quarter was $1.00, down by 2% compared to the same quarter of 2017. Operating income increased by 0.4% for the quarter to $2.4 billion compared to the same quarter of 2017. Net revenues increased by 13.7%, to $6.9 billion from the same quarter last year.

Caterpillar Inc. (NYSE:CAT): Director David L. Calhoun bought 5,000 shares

Director David L. Calhoun bought 5,000 shares of CAT stock on May 14 at the average price of $155.37. The price of the stock has increased by 0.22% since.

Caterpillar Inc. is an American international heavy equipment and financial services company that designs, develops, engineers, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers. The company is a component of the S&P 100. The company has a market capitalization of $93.11 billion, and as of May 18 it traded at $155.71.

On May 4 Caterpillar Inc. announced that its board of directors has appointed Andrew Bonfield as the CFO effective Sept. 1, 2018. Bonfield will succeed Brad Halverson, whose retirement became effective on May 4. Bonfield has more than three decades of financial expertise, most recently serving as Group CFO and board member of National Grid PLC.

Ford Motor Co. (NYSE:F): Director John C. Lechleiter bought 5,000 shares

Director John C. Lechleiter bought 5,000 shares of F stock on May 11 at the average price of $11.17. The price of the stock has increased by 1.43% since.

Ford Motor Co. is an American international automaker that sells automobiles and commercial vehicles under the Ford brand and most luxury models under the Lincoln brand. The company also owns Brazilian SUV manufacturer Troller and Australian performance car manufacturer FPV. The company has multiple joint-ventures in China, Taiwan, Thailand, Turkey, and Russia. The company has a market capitalization of $45.15 billion, and as of May 18 it traded at $11.33.

On May 18 Ford Motor Co. announced that it is issuing two safety recalls in North America for the 151 2018 Ford F-650 and F-750 vehicles with hydraulic brake systems for potential unintended vehicle movement. In affected cars, the parking brake cable may not have enough tension and could result in reduced parking brake performance, increasing the risk of accident and injury.

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.


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