The largest Insider Buys this week were for Salesforce.com Inc. (CRM, Financial), Cboe Global Markets Inc. (CBOE, Financial), Cabot Oil & Gas Corp. (COG, Financial), and NiSource Inc. (NI, Financial).
Salesforce.com Inc. (CRM, Financial): Director Susan Wojcicki bought 6,000 shares
Director Susan Wojcicki bought 6,000 shares of CRM stock on May 30 at the average price of $132. The price of the stock has decreased by 1.12% since.
Salesforce.com Inc. is an American cloud computing company. Although most of its revenue comes from a customer relationship management product, the company also capitalizes on commercial applications of social networking through acquisition. The company has a market capitalization of $96.96 billion, and as of June 1 it traded at $130.52.
On May 29 Salesforce.com Inc. announced its fiscal first quarter results ended April 30, 2018. Revenue was $3.01 billion for the first quarter, a 25% increase year-over-year. Operating cash flow for the quarter was $1.47 billion, an increase of 19% year-over-year. GAAP diluted earnings per share was $0.46 for the quarter, while non-GAAP diluted earnings per share was $0.74.
Cboe Global Markets Inc. (CBOE, Financial): President and COO Christopher R. Concannon bought 10,000 shares
President and COO Christopher R. Concannon bought 10,000 shares of CBOE stock on May 30 at the average price of $99.44. The price of the stock has decreased by 1.03% since.
Cboe Global Markets Inc. is an American international security and commodity exchanges company. The company owns the Chicago Board Options Exchange and the exchange operator BATS Global Markets. The company has a market capitalization of $11.07 billion, and as of June 1 it traded at $98.42.
On May 17 Cboe Global Markets Inc. announced that its board of directors has declared a quarterly cash dividend of $0.27 per share of common stock. The dividend is payable on June 15 to stockholders of record at the close of business on June 1.
Cabot Oil & Gas Corp. (COG, Financial): Director Robert Kelley bought 50,000 shares
Director Robert Kelley bought 50,000 shares of COG stock on May 29 at the average price of $22.25. The price of the stock has increased by 3.51% since.
Cabot Oil & Gas Corp. is an American petroleum, natural gas, and natural gas liquids exploration and production company. As of Dec. 31, 2017, the company had 9.726 trillion cubic feet equivalent of proved reserves. Of the proved reserves, 96% was natural gas and 92% was in the Marcellus Shale area in New York. The company has a market capitalization of $10.4 billion, and as of June 1 it traded at $23.03.
On May 2 Cabot Oil & Gas Corp. announced that its board of directors has declared a dividend of $0.06 per share on the company’s common stock. The dividend was paid on May 30 to all shareholders of record at the close of business on May 16.
NiSource Inc. (NI, Financial): EVP, Gas Business Seg & CCO Pablo Vegas bought 14,500 shares
EVP, Gas Business Seg & CCO Pablo Vegas bought 14,500 shares of NI stock on May 25 at the average price of $25.02. The price of the stock has decreased by 1.12% since.
NiSource Inc. is an American utility company that focuses on producing natural gas and electricity. The company serves approximately 3.5 million natural gas customers and 500,000 electric customers across seven states. The company has a market capitalization of $8.97 billion, and as of June 1 it traded at $24.74.
On May 8 NiSource Inc. announced that its board of directors has declared a quarterly common dividend of $0.195 per share. The dividend is payable on Aug. 20 to shareholders of record at the close of business on July 31.
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.
