Weekly CEO Buys Highlight

Details the CEO buys this past week from the following companies: Barings BDC and Verastem

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Oct 08, 2018
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According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Barings BDC CEO bought 14,500 shares

Barings BDC Inc. (BBDC, Financial) CEO Eric J. Lloyd bought 14,500 shares on Oct. 2 at a price of $10.07. The price of the stock has increased by 0.6% since.

Barings BDC Inc., formerly Triangle Capital Corporation, is a closed-end management investment company managed externally by Barings LLC, a premier global asset manager. The company has a market cap of $519.508 million. Its shares traded at $10.13 as of Oct. 5.

Investment Adviser LLC Barings bought 79,200 shares on Oct. 2 at a price of $10.08; 79,200 shares on Oct. 3 at a price of $10.20; 79,200 shares on Oct. 4 at a price of $10.18; and 79,200 shares on Oct. 5 at a price of $10.18. The price of the stock has decreased by 0.49% since.

Officer of the Adviser Paul John Thompson bought 12,000 shares on Oct. 4 at a price of $10.20. The price of the stock has decreased by 0.69% since.

Verastem CEO bought 2,000 shares

Verastem Inc. (VSTM, Financial) President and CEO Robert Forrester bought 2,000 shares on Sept. 28 at a price of $7.00. The price of the stock has decreased by 1% since.

Verastem is a biopharmaceutical company engaged in discovering and developing drugs to improve outcomes for patients with cancer. Its product candidates include duvelisib and defactinib. The company has a market cap of $509.995 million. Its shares traded at $6.93 as of Oct. 5.

Net loss for the three months ended June 30, 2018, was $18.4 million compared to net loss of $13.4 million for the prior-year period.

Forrester also bought 10,500 shares on Sept. 27 at a price of $7. The price of the stock has decreased by 1% since.

Chief Operating Officer Dan Paterson bought 3,000 shares on Sept. 28 at a price of $7. The price of the stock has decreased by 1% since.

Director Michael Kauffman bought 4,000 shares on Sept. 28 at a price of $7.49. The price of the stock has decreased by 7.48% since.

Director Brian M. Stuglik bought 1,000 shares on Sept. 28 at a price of $7.30. The price of the stock has decreased by 5.07% since.

Director Timothy J. Barberich bought 5,000 shares on Sept. 28 at a price of $7.31. The price of the stock has decreased by 5.2% since.

Executive Vice President and Chief Commercial Officer Joseph M. Lobacki bought 3,000 shares on Sept. 28 at a price of $7.3. The price of the stock has decreased by 5.07% 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.