Weekly Top Insider Buys Highlight for the Week of Aug. 31

The largest Insider Buys this week were for Dominion Energy Inc., Apache Corp., Coty Inc. and Take-Two Interactive Software Inc.

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Sep 02, 2018
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The largest Insider Buys this week were for Dominion Energy Inc. (D, Financial), Apache Corp. (APA, Financial), Coty Inc. (COTY, Financial), and Take-Two Interactive Software Inc. (TTWO, Financial).

Dominion Energy Inc. (D, Financial): Director John W. Harris bought 10,000 shares

Director John W. Harris bought 10,000 shares of D stock on Aug. 28 at the average price of $71.15. The price of the stock has decreased by 0.53% since.

Dominion Energy Inc. is an American power and energy company that supplies electricity in Virginia and North Carolina and supplies natural gas to parts of West Virginia, Ohio, Pennsylvania, and eastern North Carolina. The company also holds generation facilities in the states of Illinois, Indiana, Connecticut, and Rhode Island. The company has a market capitalization of $46.27 billion, and as of Aug. 31 it traded at $70.77.

On Aug. 30 Dominion Energy Inc. announced that Dominion Energy Ohio has received the American Gas Association Safety Achievement Award for excellence in employee safety for the fourth time in the past decade. This award from the American Gas Association is the highest employer safety honor in the natural gas utility industry trade group.

Apache Corp. (APA, Financial): Executive Vice Pres & CFO Stephen J. Riney bought 6,300 shares

Executive Vice Pres & CFO Stephen J. Riney bought 6,300 shares of APA stock on Aug. 27 at the average price of $43.51. The price of the stock has increased by 0.74% since.

Apache Corp. is an American petroleum and natural gas exploration and production company. The company is ranked number 388 on the Fortune 500 list and in 2016 the company’s total production was 521 thousand barrels of oil equivalent per day. The company has a market capitalization of $16.76 billion, and as of Aug. 31 it traded at $43.83.

On Aug. 23 Apache Corp. announced the pricing of its previously announced cash tender offers to purchase a portion of its outstanding 6% notes due 2037, 7.95% notes due 2026 7.7% notes due 2026, amongst others. The company’s offer to purchase, dated Aug. 9, relates to ten separate offers, one for each series of notes.

Coty Inc. (COTY, Financial): Director Robert S. Singer bought 35,000 shares

Director Robert S. Singer bought 25,000 shares of COTY stock on Aug. 27 at the average price of $11.6. The price of the stock has increased by 6.55% since.

Coty Inc. is an American international beauty products manufacturer. The company’s main products include fragrances, color cosmetics, and skin and body care products. The company owns the major brands of Calvin Klein, Chloie, Davaidoff, Marc Jacobs, Philosophy, Adidas, Playboy, and Rimmel London. The company has a market capitalization of $12.52 billion, and as of Aug. 31 it traded at $12.36.

On Aug. 21 Coty Inc. announced the resignation of Patrice de Talhouët, Executive Vice President and Global CFO. de Talhouët will be leaving the company to pursue other opportunities but will remain CFO through mid-September of 2018 and will assist with transition thereafter. The company is retaining an executive search firm to conduct a search for a successor.

Take-Two Interactive Software Inc. (TTWO, Financial): Director Paul E. Viera bought 75,000 shares

Director Paul E. Viera bought 75,000 shares of TTWO stock on Aug. 27 at the average price of $133.93. The price of the stock has decreased by 0.28% since.

Take-Two Interactive Software Inc. is an American video game holding company that owns video game publishers Rockstar Games, 2K Games, Private Division, Social Point, and a 50% stake in the joint venture NBA 2K League. Some notable franchises owned by the company include NBA 2K, BioShock, Civilization, and Grand Theft Auto. The company has a market capitalization of $15.2 billion, and as of Aug. 31 it traded at $133.56.

On Aug. 2 Take-Two Interactive Software Inc. reported results for its 2019 first fiscal quarter, ended June 30. Net revenue for the quarter was $388 million, compared to $418.2 million during the same quarter prior year. Recurrent consumer spending accounted for 62% of total net revenue, compared to 41% during the same quarter prior year.

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.