Weekly Top Insider Buys Highlight for the Week of Oct. 5

The largest Insider Buys this week were for American Finance Trust Inc (AFIN), Apogee Enterprises Inc (APOG), Hyster-Yale Materials Handling Inc (HY), and McEwen Mining Inc (MUX).

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Oct 07, 2018
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The largest Insider Buys this week were for American Finance Trust Inc (AFIN, Financial), Apogee Enterprises Inc (APOG, Financial), Hyster-Yale Materials Handling Inc (HY, Financial), and McEwen Mining Inc (MUX, Financial).

American Finance Trust Inc (AFIN, Financial): Director Lisa Kabnick bought 5,000 shares

Director Lisa Kabnick bought 5,000 shares of AFIN stock on Sept. 28 at the average price of $15.07. The price of the stock has decreased by 6.1% since.

American Finance Trust Inc. is an American real estate investment trust that focuses on acquiring and managing a portfolio of service oriented and traditional retail and distribution real estate properties. The company has a market capitalization of $1.5 billion, and as of Oct. 5 it traded at $14.15.

On Aug. 9 American Finance Trust Inc. reported its financial and operating results for the second quarter of 2018 ended June 30. Revenues for the quarter totaled $71.1 million, compared to $70.1 million for the previous quarter. Net loss was $12 million for the quarter, compared to net income of $15.4 million during the prior quarter.

Apogee Enterprises Inc (APOG, Financial): Director Herbert K. Parker bought 5,000 shares

Director of Apogee Enterprises Inc (APOG, Financial) Herbert K. Parker bought 5,000 shares on Sept. 27 at an average price of $41.52.

Apogee Enterprises Inc. is an American manufacturing and services company that primarily focuses on glass and metal products for enclosing commercial buildings, framing, and displays. The company has a market capitalization of $1.17 billion, and as of Oct. 5 it traded at $41.45.

On Oct. 3 Apogee Enterprises Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.1575 per share, payable on Nov. 7 to shareholders of record at the close of business on Oct. 23.

Hyster-Yale Materials Handling Inc (HY, Financial): Group Member Victoire G. Rankin bought 10,019 shares

Group Member Victoire G. Rankin bought 35 shares of HY stock on Oct. 4 at the average price of $63.29. The price of the stock has decreased by 4.25% since.

Hyster-Yale Materials Handling Inc. is an American manufacturing company that focuses on designing, engineering, manufacturing, and selling a line of lift trucks and aftermarket parts. The company was spun off from NACCO Industries in 2012. Some of the company’s subsidiaries include Nuvera Fuel Cells and Bolzoni S.p.A. The company has a market capitalization of $1.019 billion, and as of Oct. 5 it traded at $61.53.

On Aug. 7 Hyster-Yale Materials Handling Inc. announced that the company’s Board of Directors has declared a regular cash dividend of $0.31 per share. The dividend was payable on both the Class A and Class B common stock and was paid on Sept. 14 to stockholders of record at the close of business on Aug. 31.

McEwen Mining Inc (MUX, Financial): Director Michele L. Ashby bought 5,000 shares

Director Michele L. Ashby bought 5,000 shares of MUX stock on Sept. 26 at the average price of $1.91. The price of the stock has increased by 6.28% since.

McEwen Mining Inc. is an international gold and silver producer focused in the Americas. The company’s primary assets include a 49% interest in the San Jose mine in Santa Cruz, Argentina, the Black Fox mine in Timmins, Canada, and the El Gallo Fenix Project in Mexico. The company has a market capitalization of $684.670 million, and as of Oct. 5 it traded at $2.03.

On Sept. 6 McEwen Mining Inc. announced an updated resource estimate for the Froome Deposit and new encouraging exploration results from the program at the Black Fox Complex. Drilling along the Froome Footwall intersected 53.93 g/t gold over 8.29 meters. At the Black Fox Mine, drilling intersected 35.08 g/t gold over 1.69 meters.

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.