Largest Insider Trades of the Week

Company insiders buy Macquarie, sell Weight Watchers

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Aug 17, 2018
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The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$2,000,000+,” the duration to “August 2018” and All Insider Sales to “$5,000,000+.”

According to the above filters, the following trades were made by company insiders this week.

Macquarie Group Ltd., 10%Â owner of Macquarie Infrastructure Corp. (MIC, Financial), bought 178,342 shares for an average price of $44.80 per share on Aug. 14 and 15.

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The infrastructure company has a market cap of $3.91 billion and an enterprise value of $7.42 billion. It has an institutional ownership of 85.83% and insider ownership of 0.76%.

Over the last 12 months, the stock price has fallen 36% and is currently 38.86% below its 52-week high and 26.44% above its 52-week low.

Gregg Williams, 10% owner and director of Second Sight Medical Products Inc. (EYES, Financial), bought 3,247,362 shares for $1.55 per share on Aug. 15.

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The manufacturer of implantable prosthetic devices, which can restore some functional sight to blind patients, has a market cap of $104.64 million and an enterprise value of $97.16 million. It has an institutional ownership of 10.20% and insider ownership of 1.24%.

Over the last 12 months, the stock price has climbed 61% and is currently 40.31% below its 52-week high and 60.42% above its 52-week low.

Spruce House Partnership LP, 10% owner of GTT Communications Inc. (GTT, Financial), bought 745,899 shares for $34.80 per share on Aug. 15.

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The company, which provides network and internet services, has a market cap of $2.14 billion and an enterprise value of $5.27 billion. It has an institutional ownership of 58.51% and insider ownership of 18.51%.

Over the last 12 months, the stock price has risen 33.11% and is currently 37.42% below its 52-week high and 37.81% above its 52-week low.

Most important insider sales

BCP GP Ltd., 10% owner of GrafTech International Ltd. (EAF, Financial), sold 34,688,311 shares for $19.75 per share on Aug. 13.

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The company, which manufactures high-quality graphite electrodes, has a market cap of $5.06 billion and an enterprise value of $7.1 billion. It has an institutional ownership of 8.07% and insider ownership of 0.74%.

Over the last three months, the stock price has declined 8% and is currently 28.61% below its 52-week high and 1.64% above its 52-week low.

Westend S.A., 10%Â owner of Weight Watchers International Inc. (WTW, Financial), sold 6,000,000 shares for $76 per share on Aug. 14.

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The company, which provides weight management services, has a market cap of $4.68 billion and an enterprise value of $6.28 billion. It has an institutional ownership of 82.67% and insider ownership of 10.19%.

Over the last 12 months, the stock price has climbed 51% and is currently 33.59% below its 52-week high and 71.56% above its 52-week low.

Elliott International L.P., 10% owner of Peabody Energy Corp. (BTU, Financial), sold 4,878,049 shares for $41.82 per share on Aug. 14.

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The coal miner has a $5.07 billion market cap. It has an institutional ownership of 97.75% and insider ownership of 1.99%.

Over the last 12 months, the stock price has climbed 49.48% and is currently 12.7% below its 52-week high and 56.25% above its 52-week low.

Disclosure: I do not own any stocks mentioned in this article.