The largest Insider Buys this week were for AT&T Inc. (T, Financial), International Business Machines Corp. (IBM, Financial), Texas Instruments Inc. (TXN, Financial) and Caterpillar Inc. (CAT, Financial).
AT&T Inc. (T, Financial): Director Michael B. McCallister bought 4,000 shares
Director Michael B. McCallister bought 4,000 shares of T stock on Oct. 26 at the average price of $29.14. The price of the stock has increased by 4.74% since.
AT&T Inc. an American multinational telecommunications conglomerate that is the second largest provider of mobile telephone services and the largest provider of fixed telephone services in the United States. It also provides broadband subscription television services through DirecTV. The company has a market capitalization of $223.26 billion, and as of Nov. 2 it traded at $30.52.
On Oct. 24 AT&T Inc. reported third quarter 2018 fiscal results. Consolidated revenues for the quarter was $45.7 billion, compared to $39.7 billion during the same period prior year. Operating expenses were $38.5 billion, compared to $33.9 billion during the same period prior year.
International Business Machines Corp. (IBM, Financial): Director Sidney Taurel bought 4,311 shares
Director Sidney Taurel bought 4,311 shares of IBM stock on Oct. 31 at the average price of $115.02. The price of the stock has increased by 0.57% since.
International Business Machines Corp. is an American international technology company that manufactures and markets computer hardware, middleware, and software. The company also offers hosting and consulting services in areas such as mainframe computers and nanotechnology. The company has operations in over 170 countries. The company has a market capitalization of $103.86 billion, and as of Nov. 2 it traded at $115.67.
On Oct. 30 International Business Machines Corp. announced that its Board of Directors has declared a regular quarterly cash dividend of $1.57 per common share. The dividend is payable on Dec. 10, 2018, to stockholders of record at the close of business on Nov. 9, 2018.
Texas Instruments Inc. (TXN, Financial): Director Martin S. Craighead bought 10,900 shares
Director Martin S. Craighead bought 10,900 shares of TXN stock on Oct. 25 at the average price of $91.7. The price of the stock has increased by 3.66% since.
Texas Instruments Inc. is an American international technology company that focuses on designing and manufacturing semiconductors and integrated circuits, which it then sells to electronics designers and manufacturers. The company is one of the top ten semiconductor companies worldwide, based on sales volume. The company has a market capitalization of $91.72 billion, and as of Nov. 2 it traded at $95.06.
On Oct. 30 Texas Instruments Inc. announced the industry’s first multiprotocol gigabit time-sensitive networking enabled processor family. The new Sitara AM6x processor family aims to provide industrial grade reliability to meet the ever-changing needs of factory automation and grid infrastructure.
Caterpillar Inc. (CAT, Financial): Group President Bob De Lange bought 1,080 shares
Group President Bob De Lange bought 1,080 shares of CAT stock on Oct. 26 at the average price of $115.58. The price of the stock has increased by 8.83% since.
Caterpillar Inc. is an American international heavy equipment and financial services company that designs, develops, engineers, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers. The company is a component of the S&P 100. The company has a market capitalization of $72.22 billion, and as of Nov. 2 it traded at $125.79.
On Oct. 23 Caterpillar Inc. reported third quarter 2018 fiscal results. Revenues for the quarter was $13.5 billion, an 18% increase compared with $11.4 billion during the same quarter prior year. Profit per share was $2.88 for the quarter, compared with $1.77 profit per share 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.
