Largest Insider Trades of the Week

Insiders sell Walmart, buy Reata Pharmaceuticals

Author's Avatar
Dec 14, 2018
Article's Main Image

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 “December 2018” and All Insider Sales to “$5,000,000+.”

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

The 40 North Latitude Master Fund, 10% owner of W. R. Grace & Co. (GRA, Financial), bought 237,822 shares for an average price of $61.33 per share on Dec. 13.

1544783181270.png

The company, which manufactures specialty chemicals, has a market cap of $4.11 billion and an enterprise value of $5.95 billion. It has an institutional ownership of 115.85% and insider ownership of 6.96%.

Over the last 12 months, the stock has fallen 12% and, as of Friday, is 18.79% below its 52-week high and 4.98% above its 52-week low.

R. Kent McGaughy Jr., director and 10% owner, and James W. Traweek Jr., 10% owner, bought a combined 221,652 Class A shares of Reata Pharmaceuticals Inc. (RETAfor an average price of $59.41 per share on Dec.12.

1544783405663.png

The clinical-stage biopharmaceutical company has a market cap of $1.83 billion and an enterprise value of $1.53 million. It has an institutional ownership of 71.22% and insider ownership of 1.11%.

Over the last 12 months, the stock has climbed 145% and, as of Friday, is 38.26% below its 52-week high and 218.13% above its 52-week low.

James S. Mahan III, CEO and 10% owner of Live Oak Bancshares Inc. (LOB, Financial), bought 334,454 shares for an average price of $16 per share on Dec. 12.

1544783573650.png

The bank, which specializes in lending to small businesses, has a market cap of $609.83 million and an enterprise value of $242.03 million. It has an institutional ownership of 59.43% and insider ownership of 6.68%.

Over the last 12 months, the stock has fallen 38% and, as of Friday, is 53.90% below its 52-week high and 12.85% above its 52-week low.

Most important insider sales

Sardar Biglari, 10% owner of Cracker Barrel Old Country Store Inc. (CBRL, Financial), sold 129,600 shares for an average price of $175.03 per share on Dec. 13

1544785365074.png

The company, which operates full-service restaurants in the United States, has a $4.19 billion market cap and an enterprise value of $4.49 billion. It has an institutional ownership of 123.75% and insider ownership of 2.86%.

Over the last 12 months, the stock has risen 6% and is currently 5.74% below its three-month high and 23.12% above its three-month low.

SG VTB Holdings LLC, 10% owner of Turtle Beach Corp. (HEAR, Financial), sold 289,923 shares for an average price of $17.30 per share on Dec. 13.

1544785574976.png

The audio technology company has a market cap of $228.07 billion and an enterprise value of $329.36 billion. It has an institutional ownership of 67.42% and insider ownership of 7.25%.

Over the last 12 months, the stock has climbed 811% and is currently 52.49% below its 52-week high and 899.39% above its 52-week low.

Alice L. Walton, 10% owner of Walmart Inc. (WMT, Financial), sold 1,573,840 shares for an average price of $93.81 per share on Dec. 12.

1544785753850.png

The retail company has a market cap of $267 billion and an enterprise value of $327 billion. It has an institutional ownership of 44.5% and insider ownership of 1.27%.

Over the last 12 months, the stock price has fallen 4% and is currently 15.48% below its 52-week high and 13.67% above its 52-week low.

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

Read more here: