1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Joy Hu
Joy Hu
Articles (186) 

Weekly CEO Buys Highlight

Details the CEO buys this past week from the following companies: Live Oak Bancshares, Western Alliance Bancorp, First Horizon National, Polaris Industries and Intel Corp

August 06, 2018 | About:

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

Live Oak Bancshares CEO bought 40,200 shares

Live Oak Bancshares Inc. (NASDAQ:LOB) CEO and 10% owner James S. Mahan III bought 40,200 shares on Aug. 2 at a price of $29.43. The price of the stock has increased by 0.92% since.

Live Oak Bancshares is a nationwide lender to small businesses. It offers loans comprising small business administration loans; conventional commercial business loans to small- and medium-sized businesses; and construction loans. The company has a market cap of $1.19 billion. Its shares traded at $29.70 with a price-earnings (P/E) ratio of 10.94 as of Aug. 3.

Net income for the second quarter of 2018 was $14.25 million compared to $9.80 million for the prior-year period.

CFO S. Brett Caines sold 3,573 shares on July 31 at a price of $27.99 and 6,898 shares on Aug. 2 at a price of $28.99. The price of the stock has increased by 2.45% since.

Vice Chairman and Executive Vice President William L. Williams III bought 35,000 shares on July 30 at a price of $28.27. The price of the stock has increased by 5.06% since.

Western Alliance Bancorp CEO bought 10,400 shares

Western Alliance Bancorp (NYSE:WAL) CEO Kenneth Vecchione bought 10,400 shares on July 27 at a price of $56.95. The price of the stock has increased by 0.3% since.

Western Alliance Bancorp is a bank holding company. It provides specialized banking services including deposit, lending, treasury management and online banking products and services. The company's primary source of revenue is interest income. The company has a market cap of $6.05 billion. Its shares traded at $57.12 with a price-earnings (P/E) ratio of 18.43 as of Aug. 3.

Net income for the second quarter of 2018 was $104.68 million compared to $79.96 million for the prior-year period.

Vice Chairman and CFO Dale Gibbons bought 2,093 shares on July 27 at a price of $56.88. The price of the stock has increased by 0.42% since.

Director Donald D. Snyder sold 4,500 shares on July 23 at a price of $58.64. The price of the stock has decreased by 2.59% since.

First Horizon National CEO bought 25,000 shares

First Horizon National Corp. (NYSE:FHN) Chairman, President and CEO D. Bryan Jordan bought 25,000 shares on July 31 at a price of $17.76. The price of the stock has increased by 2.65% since.

First Horizon National is engaged in providing financial products and services, including traditional lending and deposit taking, to consumer and commercial customers. The company has a market cap of $5.93 billion. Its shares traded at $18.23 with a price-earnings (P/E) ratio of 25.21 as of Aug. 3.

Net income for the second quarter of 2018 was $85.99 million compared to $95.20 million for the prior-year period.

Director Scott M. Niswonger bought 100,000 shares on Aug. 1 at a price of $18.2. The price of the stock has increased by 0.16% since.

Director Mark A. Emkes bought 5,000 shares on July 25 at a price of $17.68. The price of the stock has increased by 3.11% since.

Polaris Industries CEO bought 3,000 shares

Polaris Industries Inc. (NYSE:PII) CEO Scott W. Wine bought 3,000 shares on July 27 at a price of $104.09. The price of the stock has increased by 6.43% since.

Polaris Industries designs and manufactures powersports vehicles including off-road vehicles, all-terrain vehicles, side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles, commercial, government and defense vehicles. The company has a market cap of $7.0 billion. Its shares traded at $110.78 with a price-earnings (P/E) ratio of 41.18 as of Aug. 3.

Net income for the second quarter of 2018 was $92.54 million compared to $62.04 million for the prior-year period.

Director Lawrence D. Kingsley bought 3,000 shares on July 27 at a price of $105.38. The price of the stock has increased by 5.12% since.

Director Gary E. Hendrickson bought 5,000 shares on July 27 at a price of $104.88. The price of the stock has increased by 5.63% since.

Director George W. Bilicic bought 1,195 shares on July 27 at a price of $104.61. The price of the stock has increased by 5.9% since.

Intel Corp. Interim CEO bought 5,243 shares

Intel Corp. (NASDAQ:INTC) Interim CEO [CFO] Robert Holmes Swan bought 5,243 shares on July 30 at a price of $47.69. The price of the stock has increased by 4.07% since.

Intel Corp. is the world's largest chipmaker. It engaged in making a semiconductor chip. It designs and manufactures integrated digital technology products like integrated circuits, for industries such as computing and communications. The company has a market cap of $228.84 billion. Its shares traded at $49.63 with a price-earnings (P/E) ratio of 21.52 as of Aug. 3.

Net income for the second quarter of 2018 was $5.0 billion compared to $2.8 billion for the prior-year period.

Executive Vice President and General Manager of the Data Center Group Navin Shenoy sold 1,265 shares on July 26 at a price of $52.43; 601 shares on July 30 at a price of $47.69; and 1,010 shares on Aug. 2 at a price of $48.37. The price of the stock has increased by 2.6% since.

Executive Vice President and General Counsel Steven Ralph Rodgers sold 2,213 shares on July 26 at a price of $52.43 and 1,251 shares on Aug. 2 at a price of $48.37. The price of the stock has increased by 2.6% since.

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

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


Rating: 5.0/5 (3 votes)

Voters:

Comments

Please leave your comment:


Performances of the stocks mentioned by Joy Hu


User Generated Screeners


pughplBig_Grow_Big_MOS
rael2222A1
tim.hartlandStrong, profitable, dividend g
frsahbuchwert europa
DANGORDON8-16 15% GROWTH
bhaveravindramodified magic screen
JessicaChuang2018 Aug
efredbacBond Screen Cash>Debt
WellrossHidden%20Gems
pbarker46Small cap dividend
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK