Weekly CEO Buys Highlight

Details the CEO buys this past week for the following companies: OPKO Health, American Assets Trust, Enterprise Products Partners, SITE Centers and Corporate Office Properties

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Jan 07, 2019
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According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

OPKO Health CEO bought 325,000 shares

OPKO Health Inc. (OPK, Financial) CEO, Chairman, and 10% Owner Phillip Frost bought 325,000 shares during the past week at the average price of $3.10.

OPKO Health is a diversified health care company that seeks to establish industry-leading positions in large, rapidly growing markets. The company has a market cap of $1.98 billion. Its shares traded at $3.54 as of Jan. 4.

Net loss for the three months ended Sept. 30 was $27.7 million compared to net loss of $35.9 million for the comparable 2017 period.

Frost bought 100,000 shares on Dec. 28 at a price of $3.13; 135,000 shares on Dec. 31 at a price of $2.97; 40,000 shares on Jan. 2 at a price of $3.24; and 50,000 shares on Jan. 3 at a price of $3.25. The price of the stock has increased by 8.92% since.

American Assets Trust CEO bought 10,805 shares

American Assets Trust Inc. (AAT, Financial) Chairman, CEO, President and 10% Owner Ernest S. Rady bought 10,805 shares on Dec. 31 at a price of $39.84. The price of the stock has decreased by 0.53% since.

American Assets Trust is a self-administered real estate investment trust based in the United States. The company mainly invests in, operates, and develops retail, office, residential and mixed-use properties in California, Oregon and Hawaii. The company has a market cap of $2.55 billion. Its shares traded at $39.63 with a price-earnings ratio of 92.59 as of Jan. 4.

Net income for the third quarter of 2018 was $10.4 million compared to net income of $9.1 million for the three months ended Sept. 30, 2017.

Rady also bought 4,326 shares on Dec. 27 at a price of $38.65. The price of the stock has increased by 2.54% since.

Enterprise Products Partners CEO bought 10,000 shares

Enterprise Products Partners LP (EPD, Financial) CEO AJ Teague bought 10,000 shares on Dec. 31 at a price of $24.36. The price of the stock has increased by 8.83% since.

Enterprise Products Partners is a limited partnership which is engaged in transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. The company has a market cap of $57.83 billion. Its shares traded at $26.51 with a price-earnings ratio of 15.79 as of Jan. 4.

Net income for the third quarter of 2018 was $1.34 billion compared to $621 million for the prior-year period.

Teague also bought 10,000 shares on Dec. 20 at a price of $24.61. The price of the stock has increased by 7.72% since.

Director Carin Marcy Barth bought 10,000 shares on Dec. 19 at a price of $25. The price of the stock has increased by 6.04% since.

SITE Centers CEO bought 15,000 shares

SITE Centers Corp. (SITC, Financial) President and CEO David R. Lukes bought 15,000 shares on Dec. 31 at a price of $11.00. The price of the stock has increased by 6.18% since.

SITE Centers Corp., formerly DDR Corp., changed its name to SITE Centers Corp. on October 12, 2018 and changed its ticker to SITC. The company is a real estate investment trust engaged in the business of acquiring, owning, developing, expanding, leasing, financing and managing shopping centers. It owns and manages more than 100 million total square feet of gross leasable area. The company has a market cap of $2.15 billion. Its shares traded at $11.68 as of Jan. 4.

Net loss for the third quarter was $17.3 million compared to net loss of $7.4 million in the year ago-period.

Corporate Office Properties CEO bought 1,206 shares

Corporate Office Properties Trust (OFC, Financial) President and CEO Stephen E. Budorick bought 1,206 shares on Dec. 31 at a price of $20.74. The price of the stock has increased by 7.18% since.

Corporate Office Properties Trust is a fully-integrated and self-managed real estate investment trust. Its portfolio comprises of office buildings in the Baltimore-Washington Corridor and Northern Virginia area. The company has a market cap of $2.49 billion. Its shares traded at $22.23 with a price-earnings ratio of 34.36 as of Jan. 4.

Net income for the third quarter of 2018 was $20.32 million compared to $22.33 million for the prior-year period.

Budorick bought 990 shares on Dec. 11 at a price of $24.24; 1,035 shares on Dec. 13 at a price of $23.19; 1,115 shares on Dec. 14 at a price of $22.42; and 1,213 shares on Dec. 24 at a price of $20.57. The price of the stock has increased by 8.07% since.

Director Steven D. Kesler bought 500 shares on Dec. 27 at a price of $20.8. The price of the stock has increased by 6.88% since.

Director Philip L. Hawkins bought 4,500 shares on Dec. 14 at a price of $22.54. The price of the stock has decreased by 1.38% since.

Director Lisa G. Trimberger bought 2,000 shares on Dec. 13 at a price of $23.16. The price of the stock has decreased by 4.02% 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.