Weekly CEO Buys Highlight

Details the CEO buys this past week from the following companies: Odonate Therapeutics, Bausch Health Companies, FGL Holdings, Washington Prime Group and First Bancorp

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Sep 24, 2018
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According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Odonate Therapeutics CEO bought 90,000 shares

Odonate Therapeutics Inc. (ODT, Financial) CEO and 10% Owner Kevin C. Tang bought 90,000 shares on Sept. 20 at a price of $19.55. The price of the stock has increased by 7.47% since.

Odonate Therapeutics is a pharmaceutical company which is engaged in the development of therapeutics which improves and extend the lives of patients with cancer. It is developing tesetaxel, a chemotherapy agent used in the treatment of cancer. The company has a market cap of $565 million. Its shares traded at $21.01 as of Sept. 21.

Net loss for the second quarter was $19.39 million compared to $3.90 million for the prior-year period.

Bausch Health Companies CEO bought 30,000 shares

Bausch Health Companies Inc. (BHC, Financial) Chairman and CEO Joseph C. Papa bought 30,000 shares on Sept. 14 at a price of $22.32. The price of the stock has increased by 11.65% since.

Bausch Health Companies develops, manufactures and markets a range of pharmaceutical, medical device and over-the-counter products, primarily in the therapeutic areas of eye health, gastroenterology and dermatology. The company has a market cap of $8.71 billion. Its shares traded at $24.92 as of Sept. 21.

Net loss income for the second quarter of 2018 was $872 million compared to $37 million for the prior-year quarter.

Executive Vice President and Chief Financial Officer Paul Herendeen bought 10,000 shares on Sept. 14 at a price of $22.61. The price of the stock has increased by 10.22% since.

Director Richard U. de Schutter bought 125,000 shares on Sept. 13 at a price of $23.96. The price of the stock has increased by 4.01% since.

FGL Holdings CEO bought 30,000 shares

FGL Holdings (FG, Financial) President and CEO Christopher J. Littlefield bought 30,000 shares on Sept. 14 at a price of $8.74. The price of the stock has increased by 2.63% since.

FGL Holdings is a Cayman-based holding company. Its principal operations are conducted through life insurance and annuity products. Through its holdings it offers annuity and life insurance service, and reinsurer services in Bermuda and USA. The company has a market cap of $1.92 billion. Its shares traded at $8.97 as of Sept. 21.

Net income for the second quarter of 2018 was $13 million compared to $32 million for the prior-year period.

CFO Dennis Vigneau bought 25,000 shares on Sept. 13 at a price of $8.75. The price of the stock has increased by 2.51% since.

Director Richard N. Massey bought 50,000 shares on Sept. 12 at a price of $8.76. The price of the stock has increased by 2.4% since.

Washington Prime Group CEO bought 13,857 shares

Washington Prime Group Inc. (WPG, Financial) CEO Louis G. Conforti bought 13,857 shares on Sept. 20 at a price of $7.22. The price of the stock has increased by 2.49% since.

Washington Prime Group operates in the real estate sector. As a self-managed real estate investment trust, it invests in, manages, and develops retail properties including community shopping centers and malls. The company has a market cap of $1.63 billion. Its shares traded at $7.40 with a price-earnings ratio of 22.36 as of Sept. 21.

Net income for the second quarter of 2018 is $10.1 million compared to $135.5 million for the comparable period a year ago.

First Bancorp CEO bought 1,250 shares

CEO of First Bancorp (FBNC, Financial) Richard H. Moore bought 1,250 shares on Sept. 19 at a price of $39.79. The price of the stock has increased by 2.21% since.

First Bancorp is a bank holding company of First Bank. It is engaged in providing banking services such as acceptance of deposits and the lending funds to the customers for various purposes. The company has a market cap of $1.21 billion. Its shares traded at $40.67 with a price-earnings ratio of 16.37 as of Sept. 21.

Net income for the second quarter of 2018 was $22.7 million compared to $11.2 million for the second quarter of 2017.

Regional President Suzanne S. Deferie bought 5,000 shares on Sept. 19 at a price of $39.8. The price of the stock has increased by 2.19% 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.