According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
New Media Investment Group CEO bought 75,000 shares
New Media Investment Group Inc. (NEWM, Financial) CEO Michael Reed bought 75,000 shares on Nov. 6 at a price of $14.22. The price of the stock has decreased by 0.42% since.
The company, which owns, operates and invests in local media assets, has a market cap of $848.47 million. Its shares traded around $14.16 with a price-earnings ratio of 21.75 on Friday.
Net loss for the third quarter of 2018 was $6.1 million.
Chief Financial Officer and Chief Accounting Officer Gregory William Freiberg sold 85,000 shares on Nov. 7 at a price of $14.24. The price of the stock has decreased by 0.56% since.
Chief Operating Officer Kirk A. Davis bought 6,750 shares on Nov. 8 at a price of $14.2. The price of the stock has decreased by 0.28% since.
Director Laurence Tarica bought 15,000 shares on Nov. 7 at a price of $14.48. The price of the stock has decreased by 2.21% since.
American Axle & Manufacturing Holdings CEO bought 88,100 shares
American Axle & Manufacturing Holdings Inc. (AXL, Financial) Chairman and CEO David C. Dauch bought 88,100 shares on Nov. 5 at a price of $11.47. The price of the stock has increased by 3.84% since.
American Axle & Manufacturing Holdings manufactures, engineers, designs and validates driveline systems and drivetrain components and chassis modules. Its products are mostly used in light trucks, Sports Utility Vehicles, commercial vehicles and passenger cars. The company has a market cap of $1.33 billion. Its shares traded at $11.91 with a price-earnings ratio of 3.16 as of Nov. 9.
The company’s net income in the third quarter of 2018 was $63.8 million compared to net income of $86.2 million in the third quarter of 2017.
Vice President and Chief Financial Officer Christopher John May bought 5,000 shares on Nov. 7 at a price of $12.36. The price of the stock has decreased by 3.64% since.
Vice President of Human Resources Terri M. Kemp bought 1,000 shares on Nov. 8 at a price of $12.71. The price of the stock has decreased by 6.29% since.
President of Casting Timothy Earl Joseph Bowes bought 5,000 shares on Nov. 8 at a price of $13.25. The price of the stock has decreased by 10.11% since.
President Powertrain Gregory Deveson bought 11,725 shares on Nov. 7 at a price of $12.76. The price of the stock has decreased by 6.66% since.
Vice President and General Counsel David Eugene Barnes bought 1,000 shares on Nov. 6 at a price of $11.76. The price of the stock has increased by 1.28% since.
Director James A. McCaslin bought 4,500 shares on Nov. 6 at a price of $12.1. The price of the stock has decreased by 1.57% since.
Perrigo Co. CEO bought 15,683 shares
Perrigo Co. PLC (PRGO, Financial) CEO Murray S. Kessler bought 15,683 shares on Nov. 9 at a price of $63.79. The price of the stock has increased by 0.44% since.
Perrigo Co. is a health care company providing branded over-the-counter products throughout Europe and the U.S. It sells its products primarily in North America and Europe, as well as in other markets, including Australia, Israel and China. The company has a market cap of $8.77 billion. Its shares traded at $64.07 with a price-earnings ratio of 38.34 as of Nov. 9.
Net loss for the third quarter of 2018 was $68 million compared to a net income of $45 million for the comparable period last year.
Executive Vice President and President, Consumer Healthcare International Svend Andersen bought 3,900 shares on Nov. 9 at a price of $63.01. The price of the stock has increased by 1.68% since.
Executive Vice President and General Counsel Todd W. Kingma bought 3,200 shares on Nov. 9 at a price of $63.99. The price of the stock has increased by 0.13% since.
International Business Machines CEO bought 8,500 shares
International Business Machines Corp. (IBM, Financial) Chairman, President and CEO Virginia M. Rometty bought 8,500 shares on Nov. 2 at a price of $117.51. The price of the stock has increased by 5.13% since.
IBM offers a variety of IT services, along with software and hardware. It has operations in over 170 countries and provides planning, builds, manages and maintains IT infrastructure, platforms, applications and services. The company has a market cap of $112.27 billion. Its shares traded at $123.54 with a price-earnings ratio of 19.90 as of Nov. 9.
Net income for the third quarter of 2018 was $2.7 billion.
Director Frederick H. Waddell bought 2,153 shares on Nov. 1 at a price of $115.99. The price of the stock has increased by 6.51% since.
Director Joseph Swedish bought 2,000 shares on Nov. 1 at a price of $116.42. The price of the stock has increased by 6.12% since.
Director James W. Owens bought 1,000 shares on Oct. 31 at a price of $114.67. The price of the stock has increased by 7.74% since.
Director Sidney Taurel bought 4,311 shares on Oct. 31 at a price of $115.02. The price of the stock has increased by 7.41% since.
Cooper-Standard Holdings CEO bought 13,200 shares
Cooper-Standard Holdings Inc. (CPS, Financial) Chairm an and CEO Jeffrey S. Edwards bought 13,200 shares on Nov. 7 at a price of $74.12. The price of the stock has decreased by 1.05% since.
Cooper-Standard Holdings is engaged in manufacturing sealing, fuel and brake delivery, fluid transfer and anti-vibration systems components subsystems, and modules. Its products are used in passenger vehicles and light trucks. The company has a market cap of $1.30 billion. Its shares traded at $73.34 with a price-earnings ratio of 8.94 as of Nov. 9.
Net income for the third quarter of 2018 was $32.2 million compared to net income of $24.6 million for the third quarter of 2017.
Director Matthew Simoncini bought 5,500 shares on Nov. 5 at a price of $72.48. The price of the stock has increased by 1.19% 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.
