According to GuruFocus Insider Data, these are the largest CEO buys for the past week.
Valvoline CEO bought 25,000 shares
Valvoline Inc. (VVV, Financial) CEO Samuel J. Mitchell bought 25,000 shares on Jan. 14 for an average price of $20.78 per share. The stock price has increased by 5.39% since then.
Valvoline manufactures and distributes automotive, commercial, industrial lubricants and automotive chemicals. The company has a market cap of $4.12 billion. Its shares traded at $21.90 with a price-earnings ratio of 26.07 as of Jan. 18.
Net income for the fourth quarter of fiscal 2018 was $45 million, compared to $105 million for the comparable period of 2017.
Senior Vice President and Corporate Secretary Julie Marie O'Daniel sold 1,466 shares on Jan. 16 for an average price of $21 per share. Since then, the stock price has increased by 4.29%.
OPKO Health CEO bought 50,000 shares
OPKO Health Inc. (OPK, Financial) Chairman and CEO Phillip Frost bought a combined 50,000 shares during the week for an average price of $3.74 per share.
The diversified health care company seeks to establish industry-leading positions in large, rapidly growing markets. The company has a market cap of $2.13 billion. Its shares traded at $3.80 as of Jan. 18.
The net loss for the three months ended Sept. 30 was $27.7 million, compared to a net loss of $35.9 million for the prior-year quarter.
Frost bought 10,000 shares on Jan. 10 at a price of $3.69; 10,000 shares on Jan. 11 at a price of $3.83; 15,000 shares on Jan. 14 at a price of $3.74; 10,000 shares on Jan. 16 at a price of $3.74; and 15,000 shares on Jan. 17 at a price of $3.67. The price of the stock has increased by 3.54% since then.
American Finance Trust CEO bought 1,934 shares
American Finance Trust Inc. (AFIN, Financial) CEO and President Edward M. Weil Jr. bought 1,934 shares on Jan. 11 for an average price of $12.93 per share. Since then, the stock price has increased 1.31%.
The company owns a diversified portfolio of commercial properties, including freestanding single-tenant properties and core retail properties. The company has a market cap of $1.39 billion. Its shares traded at $13.10 as of Jan. 18.
The net loss for the third quarter of 2018 was $27.25 million.
For the complete list of stocks bought by insiders, go to CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
