Weekly CEO Buys Highlight

Details the CEO buys this past week from the following companies: QTS Realty Trust, Sohu.com, American Assets Trust, OPKO Health and General Mills

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May 29, 2018
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According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

QTS Realty Trust CEO bought 112,757 shares

QTS Realty Trust Inc. (QTS, Financial) CEO Chad L. Williams bought 112,757 shares during the past week at an average price of $35.22.

QTS Realty Trust is a real estate investment trust in the U.S. Its properties mainly include data centers which are mainly located in the U.S. and in other locations such as Canada, Europe and Asia. The company has a market cap of $2.18 billion. Its shares traded at $37.73 with a price-earnings (P/E) ratio of 3,144.17 as of May 25.

Net loss for the quarter ended March 31 was $252,000 compared to net income of $5.57 million for the prior-year period.

Williams bought 62,757 shares on May 22 at a price of $34.86 and 50,000 shares on May 23 at a price of $35.68. The price of the stock has increased by 5.75% since.

CFO Jeffrey H. Berson bought 15,000 shares on May 21 at a price of $34.89. The price of the stock has increased by 8.14% since.

Chief People Officer Steven C. Bloom bought 1,000 shares on May 23 at a price of $35.08. The price of the stock has increased by 7.55% since.

Director Philip P. Trahanas bought 60,000 shares on May 21 at a price of $34.72. The price of the stock has increased by 8.67% since.

Director Peter Marino bought 10,000 shares on May 21 at a price of $34.51. The price of the stock has increased by 9.33% since.

Sohu.com CEO bought 80,000 shares

Sohu.com Inc. (SOHU, Financial) CEO and 10% owner Charles Zhang bought 80,000 shares during the past week at an average price of $36.62.

Sohu.com is a Chinese online media, search and game service group. It provides comprehensive online products and services on PCs and mobile devices in the People's Republic of China. The company has a market cap of $1.45 billion. Its shares traded at $37.37 as of May 18.

Net loss for the first quarter of 2018 was $93 million compared to $69 million in the first quarter of 2017.

Zhang bought 20,000 shares on May 17 at a price of $36.78; 30,000 shares on May 18 at a price of $36.23; 10,000 shares on May 21 at a price of $36.93; 20,000 shares on May 23 at a price of $36.54; and 20,000 shares on May 24 at a price of $37.11. The price of the stock has increased by 0.7% since.

10% Owner Group Ltd. Photon bought 20,000 shares on May 17 at a price of $36.78; 30,000 shares on May 18 at a price of $36.23; 10,000 shares on May 21 at a price of $36.93; 20,000 shares on May 23 at a price of $36.54; and 20,000 shares on May 24 at a price of $37.11. The price of the stock has increased by 0.7% since.

American Assets Trust CEO bought 44,367 shares

American Assets Trust Inc. (AAT, Financial) Chairman, CEO, President and 10% owner Ernest S. Rady bought 44,367 shares on May 18 at a price of $34.41. The price of the stock has increased by 3.08% since.

American Assets Trust is a self-administered real estate investment trust based in the U.S. The company mainly invests in, operates, and develops retail, office, residential and mixed-use properties in California, Oregon and Hawaii. The company has a market cap of $2.28 billion. Its shares traded at $35.47 with a price-earnings (P/E) ratio of 57.03 as of May 25.

Net loss for the first quarter of 2018 was $500,000 compared to net income of $7.4 million for the first quarter of 2017.

Rady bought 47,562 shares on May 9 at a price of $34.90; 4,710 shares on May 11 at a price of $35.17; and 64,125 shares on May 14 at a price of $35.04. The price of the stock has increased by 1.23% since.

OPKO Health CEO bought 240,000 shares

OPKO Health Inc. (OPK, Financial) CEO, Chairman and 10% owner Phillip Frost bought 240,000 shares during the past week at an average price of $3.89.

OPKO Health is a diversified health care company that seeks to establish industry-leading positions in large, rapidly growing markets. The company has a market cap of $2.07 billion. Its shares traded at $3.70 as of May 25.

Net loss for the first quarter of 2018 was $43.1 million compared to a net loss of $34.5 million for the comparable period of 2017.

Frost bought 26,000 shares on May 4 at a price of $3.14; 100,000 shares on May 18 at a price of $4.04; 90,000 shares on May 21 at a price of $3.82; 10,000 shares on May 22 at a price of $3.73; and 40,000 shares on May 23 at a price of $3.73. The price of the stock has decreased by 0.8% since.

Director Robert Scott Fishel bought 5,000 shares on May 4 at a price of $3.14 and 1,800 shares on May 14 at a price of $4.79. The price of the stock has decreased by 22.76% since.

General Mills CEO bought 6,000 shares

General Mills Inc. (GIS, Financial) CEO and Chairman of the Board Jeffrey L. Harmening bought 6,000 shares on May 23 at a price of $42.18. The price of the stock has increased by 1.09% since.

General Mills is a global manufacturer and marketer of branded consumer foods, such as ready-to-eat breakfast cereals, refrigerated dough and other baking items, snack foods, ice cream and yogurt. The company has a market cap of $25.28 billion. Its shares traded at $42.64 with a price-earnings (P/E) ratio of 11.41 as of May 25.

Net earnings for the quarter ended Feb. 25 was $941.4 million compared to $357.8 million for the prior-year period.

Director and Senior Officer Jeffrey Rohit Sundar bought 45,000 shares on May 1 at a price of 8 cents, 5,000 shares the same day at a price of 7 cents, and 5,000 shares on May 8 at a price of 7 cents.

For the complete list of stocks that bought by their company CEOs, go to: CEO Buys.

Disclosure: I do not own stock in any of the companies mentioned in the article.