Weekly CEO Buys Highlight

Details the CEO buys this past week for the following companies: Charles Schwab, Carnival PLC, NCI Building Systems, Urstadt Biddle Properties and Apogee Enterprises

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Dec 31, 2018
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According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Charles Schwab CEO bought 124,669 shares

Charles Schwab Corp. (SCHW, Financial) President and CEO Walter W. Bettinger bought 124,669 shares on Dec. 26 at a price of $38.81. The price of the stock has increased by 5.8% since.

Through its subsidiaries, Charles Schwab provides retail brokerage and banking, retirement plan, and other corporate brokerage services. The company's operating business segments are Investor Services and Advisor Services. The company has a market cap of $55.45 billion. Its shares traded at $41.06 with a price-earnings ratio of 18.74 as of Dec. 28.

Net income for the third quarter of 2018 was $923 million compared to $618 million for the third quarter of 2017.

Executive Vice President of Investor Services Terri R. Kallsen sold 4,913 shares on Dec. 3 at a price of $46.09. The price of the stock has decreased by 10.91% since.

Carnival PLC CEO bought 43,190 shares

Carnival PLC (CUK, Financial) President and CEO Arnold W. Donald bought 43,190 shares on Dec. 26 at a price of $46.43. The price of the stock has increased by 3.9% since.

Carnival PLC is an UK-based cruise company providing leisure travel to major cruise destinations throughout the world. Its portfolio of cruise brands includes AIDA, Carnival Cruise Line, Costa, Cunard, Holland America Line and other. The company has a market cap of $33.65 billion. Its shares traded at $48.24 with a price-earnings ratio of 10.86 as of Dec. 28.

Net income for the quarter ended Nov. 30, 2018, was $494 million compared to $546 million for the prior-year period.

NCI Building Systems CEO bought 100,000 shares

NCI Building Systems Inc. (NCS, Financial) Chairman and CEO James S. Metcalf bought 100,000 shares on Dec. 24 at a price of $7.09. The price of the stock has increased by 4.51% since.

NCI Building Systems is an integrated manufacturer and marketer of metal products for the nonresidential construction industry. The company's products are used in repair, retrofit and new construction activities in North America. The company has a market cap of $928.83 million. Its shares traded at $7.41 with a price-earnings ratio of 7.88 as of Dec. 28.

Net income for the fourth quarter of fiscal 2018 was $27.6 million compared to $17.5 million in the prior year’s fourth quarter.

Urstadt Biddle Properties CEO bought 41,600 shares

Urstadt Biddle Properties Inc. (UBP, Financial) President, CEO and 10% Owner Willing L. Biddle bought 41,600 shares on Dec. 26 at a price of $15.50. The price of the stock has increased by 2.19% since.

Urstadt Biddle Properties is a real estate investment trust. The company is engaged in the acquisition, ownership and management of commercial real estate. Its properties consist of neighborhood and community shopping centers and office buildings. The company has a market cap of $706.73 million. Its shares traded at $15.84 with a price-earnings ratio of 24.26 as of Dec. 28.

Net income for the fourth quarter ended Oct. 30, 2018, was $9.30 million compared to $9.70 million for the prior-year period.

Director and 10% Owner Catherine U. Biddle bought 41,600 shares on Dec. 26 at a price of $15.5. The price of the stock has increased by 2.19% since.

Apogee Enterprises CEO bought 10,000 shares

Apogee Enterprises Inc. (APOG, Financial) CEO and President Joseph F. Puishys bought 10,000 shares on Dec. 24 at a price of $26.97. The price of the stock has increased by 10.38% since.

Apogee Enterprises is engaged in the design and development of value-added glass solutions for enclosing commercial buildings and framing art. The company has a market cap of $838.99 million. Its shares traded at $29.77 with a price-earnings ratio of 10.55 as of Dec. 28.

Net earnings for the third quarter ended Dec. 1, 2018 were $21.89 million compared to $23.65 million for the prior-year period.

Chief Financial Officer James S. Porter bought 2,000 shares on Dec. 24 at a price of $28.1. The price of the stock has increased by 5.94% 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.