The largest Insider Buys this week were for Valero Energy Corp. (VLO, Financial), Keurig Dr Pepper Inc. (KDP, Financial), CenturyLink Inc. (CTL, Financial) and Tyson Foods Inc. (TSN, Financial).
Valero Energy Corp. (VLO, Financial): Director Randall J. Weisenburger bought 25,000 shares
Director Randall J. Weisenburger bought 25,000 shares of VLO stock on Dec. 11 at the average price of $72.74. The price of the stock has increased by 0.77% since.
Valero Energy Corp. is an American international manufacturer and marketer of transportation fuels, power and other petrochemical products. The company is part of the Fortune 500 and owns and operates 16 refineries in the U.S., Canada and U.K. The company has a market capitalization of $31.1 billion, and as of Dec. 14 it traded at $73.30.
On Nov. 6 Valero Energy Corp. announced that Jay Browning has decided to retire as the company’s executive vice president and general counsel. The retirement will be effective Jan. 1, 2019. The company’s board of directors has elected Jason Fraser as Executive Vice President and General Counsel, effective the same date.
Keurig Dr Pepper Inc. (KDP, Financial): President Keurig Appliances Brian Andrew Loucks bought 19,100 shares
President Keurig Appliances Brian Andrew Loucks bought 17,500 shares of KDP stock on Dec. 10 at the average price of $26. The price of the stock has decreased by 0.31% since.
Keurig Dr. Pepper Inc. is an American beverage conglomerate. Its East-coast division sells coffee, beverages and Keurig brewers. As of July 2018, the company also sells sodas, juices and other soft drinks from its Dr. Pepper Snapple division in Texas. The company has a market capitalization of $36.96 billion, and as of Dec. 14 it traded at $25.92.
On Sep. 13 Keurig Dr. Pepper Inc. announced that its Board of Directors has authorized a quarterly dividend program and has declared the company’s first quarterly dividend on its common stock. The dividend of $0.15 per share was paid on Oct. 19 to shareholders of record at the close of business on Oct. 5.
CenturyLink Inc. (CTL, Financial): Director Steven T. Clontz bought 8,207 shares
Director Steven T. Clontz bought 8,207 shares of CTL stock on Dec. 11 at the average price of $17.2. The price of the stock has decreased by 1.16% since.
CenturyLink Inc. is an American telecommunications company that provides communications and data services to residential, business, governmental, and wholesale customers in 37 states. The company operates as a local exchange carrier and internet access provider in U.S. markets and is the third largest telecommunications company in the U.S. The company has a market capitalization of $18.37 billion, and as of Dec. 14 it traded at $17.00.
On Nov. 8 CenturyLink Inc. announced third quarter 2018 results. Net income for the quarter was $272 million, while free cash flow was $1.163 billion. Adjusted Ebitda for the quarter was $2.287 billion, while adjusted Ebitda margin increased from 35.5% to 39.3% from the same quarter prior year.
Tyson Foods Inc. (TSN, Financial): Director Gaurdie E. Banister Jr. bought 6,897 shares
Director Gaurdie E. Banister Jr. bought 6,897 shares of TSN stock on Dec. 6 at the average price of $58.01. The price of the stock has decreased by 4.67% since.
Tyson Foods Inc. is an American international food processing corporation that is the world’s second largest processor and marketer of chicken, beef and pork. The company also annually exports the largest percentage of beef out of the U.S. Some of its major food brands include Jimmy Dean, Hillshire Farm, Sara Lee and Wright Brand. The company has a market capitalization of $20.19 billion, and as of Dec. 14 it traded at $55.30.
On Nov. 30 Tyson Foods Inc. announced that it has successfully completed the acquisition of Keystone Foods from Marfrig Global Foods. Keystone is a supplier of chicken, beef, fish and pork. The acquisition involves eight plants and three innovation centers in China, South Korea, Malaysia, Thailand and Australia.
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.
