Largest Insider Trades of the Week

Insiders sold Eli Lilly and Garmin

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Oct 19, 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 “$200,000+,” the duration to “October 2018” and All Insider Sales to “$5,000,000+.”

According to the above filters, the following are trades from company insiders this week.

Axar Capital Managemnet LP, 10% owner of Stonemor Partners LP (STON), bought 62,616 shares for an average price of $5.14 per share on Oct. 18.

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The company, which owns and operates cemeteries and funeral homes in the U.S., has a market cap of $195.11 million and an enterprise value of $506.98 million. It has an institutional ownership of 47.61% and insider ownership of 3.70%.

Over the last 12 months, the stock fell 21% and, as of Friday, is 28.61% below its 52-week high and 49.64% above its 52-week low.

Alden Global Capital LLC, 10% owners of Fred's Inc. Class A (FRED), bought a combined 1.150 million shares for an average price of $2.91 per share on Oct. 17.

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The company, which operates self-owned retail stores, has a market cap of $108.43 million and an enterprise value of $265.23 million. It has an institutional ownership of 80.17% and insider ownership of 8.85%.

Over the last 12 months, the stock fell 46% and, as of Friday, is 48.59% below its 52-week high and 123.85% above its 52-week low.

Winder Investment Pte Ltd., 10% owner of International Flavors & Fragrances Inc. (IFF), bought 100,000 shares for an average price of $136 per share on Oct. 16.

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The manufacturer of flavors and fragrances has a market cap of $14.6 billion and an enterprise value of $15.93 billion. The company has an institutional ownership of 80.73% and insider ownership of 1.79%.

Over the last 12 months, the stock has declined 9% and is currently 13.05% below its 52-week high and 12.08% above its 52-week low.

Most important insider sales

Lilly Endowment Inc., 10% owners of Eli Lilly and Co. (LLY) sold 174,696 shares for an average price of $113.31 per share on Oct. 17.

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The pharmaceutical company has a $121.69 billion market cap and an enterprise value of $124.33 billion. It has an institutional ownership of 79.21% and insider ownership of 0.37%.

Over the last three months, the stock has increased 30% and is currently 2.83% below its three-month high and 53.77% above its three-month low.

Min H. Kao, executive chairman, 10% owner of Garmin Ltd. (GRMN), sold 250,000 shares for an average price of $62.29 per share on Oct. 17.

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The company, which manufactures GPS devices and develops GPS software, has a market cap of $11.76 billion and an enterprise value of $10.64 billion. It has an institutional ownership of 44.38% and insider ownership of 17.09%.

Over the last 12 months, the stock has gained 12% and is currently 11.98% below its 52-week high and 14.15% above its 52-week low.

SG VTB Holdings LLC., 10% owner of Turtle Beach Corp. (HEAR), sold 400,000 shares for an average price of $21.75 per share on Oct. 17.

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The company, which supplies audio peripherals in the U.S., has a market cap of $300 million and an enterprise value of $321.81 million. It has an institutional ownership of 51.70% and insider ownership of 7.36%.

Over the last 12 months, the stock price has climbed 660% and is currently 36.96% below its 52-week high and 1,226.22% above its 52-week low.

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