According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
DowDuPont CEO bought 29,580 shares
DowDuPont Inc. (DWDP, Financial) CEO Edward D. Breen bought 29,580 shares on Aug. 8 at a price of $67.61. The price of the stock has increased by 0.19% since.
DowDuPont was formed after the merger of Dow Chemical and DuPont on Aug. 31. The company will be split into three publicly-traded companies which will focus on the following: agriculture, materials science, and specialty products. The company has a market cap of $156.30 billion. Its shares traded at $67.74 with a price-earnings ratio of 69.12 as of August 10.
Net income for the second quarter of 2018 was $1.80 billion compared to $1.36 billion for the prior-year period.
Graham Holdings CEO bought 3,600 shares
Graham Holdings Co. (GHC, Financial) President and CEO Timothy J. O'Shaughnessy bought 3,600 shares on Aug. 3 at a price of $550.21. The price of the stock has increased by 1.4% since.
Graham Holdings is a diversified education and media company whose operations include educational services; television broadcasting; online, print and local TV news; home health and hospice care; and manufacturing. The company has a market cap of $2.98 billion. Its shares traded at $557.90 with a price-earnings ratio of 9.38 as of Aug. 10.
Net income was $46.6 million for the second quarter of 2018 compared to $42.0 million for the second quarter of 2017.
O'Shaughnessy also bought 1,050 shares on Aug. 2 at a price of $553.6. The price of the stock has increased by 0.78% since.
Director and 10% Owner Donald Graham bought 1,800 shares on Aug. 3 at a price of $550.21. The price of the stock has increased by 1.4% since.
Live Oak Bancshares CEO bought 59,800 shares
Live Oak Bancshares Inc. (LOB, Financial) CEO and 10% Owner James S. Mahan III bought 59,800 shares on Aug. 3 at a price of $29.60. The price of the stock has increased by 0.34% 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 ratio of 10.88 as of Aug. 10.
Net income for the second quarter of 2018 was $14.25 million compared to $9.80 million for the prior-year period.
Mahan also bought 40,200 shares on Aug. 2 at a price of $29.43. The price of the stock has increased by 0.92% since.
Chief Financial Officer S. Brett Caines sold 3,573 shares on July 31 at a price of $27.99; 6,898 shares on Aug. 2 at a price of $28.99; 3,386 shares on Aug. 3 at a price of $29.53; 6,751 shares on Aug. 7 at a price of $29.63; and 6,734 shares on Aug. 9 at a price of $29.7. The price of the stock has decreased by 0% 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.
Caesars Entertainment CEO bought 100,000 shares
Caesars Entertainment Corp. (CZR, Financial) President and CEO Mark P. Frissora bought 100,000 shares on Aug. 3 at a price of $9.55. The price of the stock has increased by 2.62% since.
Caesars Entertainment is engaged in casino entertainment, food and beverage, rooms and hotel, and entertainment and other business operations. The company’s segments include Caesars Entertainment Resort Properties LLC (CERP), Caesars Growth Partners LLC (CGP) and Other. The company has a market cap of $6.65 billion. Its shares traded at $9.8 with a price-earnings ratio of 3.49 as of Aug. 10.
Net income for the second quarter of 2018 was $29 million compared to a net loss of $1.43 billion for the prior-year quarter.
Executive Vice President and Chief Financial Officer Eric A. Hession bought 10,000 shares on Aug. 3 at a price of $9.54. The price of the stock has increased by 2.73% since.
Director John M. Boushy bought 10,000 shares on Aug. 7 at a price of $9.95. The price of the stock has decreased by 1.51% since.
Executive Vice President and Chief Marketing Officer Christopher J. Holdren bought 5,000 shares on Aug. 7 at a price of $9.85. The price of the stock has decreased by 0.51% since.
Macquarie Infrastructure CEO bought 17,380 shares
Macquarie Infrastructure Corp. (MIC, Financial) CEO Christopher Frost bought 17,380 shares on Aug. 8 at a price of $45.84. The price of the stock has decreased by 1.81% since.
Macquarie Infrastructure owns, operates and invests in a diversified portfolio of infrastructure and infrastructure-like businesses. The businesses the company owns and operates are organized into four segments: Atlantic Aviation; International-Matex Tank Terminals; MIC Hawaii; and Contracted Power. The company has a market cap of $3.84 billion. Its shares traded at $45.01 with a price-earnings ratio of 8.10 as of Aug. 10.
Net income for the second quarter of 2018 was $36.3 million from $26.0 million in the prior comparable period.
10% Owner Group Ltd. Macquarie bought 126,000 shares on August 6 at a price of $45.95 and 66,523 shares on Aug. 9 at a price of $45.93. The price of the stock has decreased by 2% since.
Director George W. Carmany III bought 1,000 shares on Aug. 8 at a price of $45.92. The price of the stock has decreased by 1.98% since.
Director Martin Stanley bought 12,000 shares on Aug. 7 at a price of $45.94. The price of the stock has decreased by 2.02% since.
Director Ronald Kirk bought 1,000 shares on Aug. 7 at a price of $45.8. The price of the stock has decreased by 1.72% since.
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.
