The largest Insider Buys this week were for Restaurant Brands International Inc. (QSR, Financial), DISH Network Corp. (DISH, Financial), Sabre Corp. (SABR, Financial) and Array BioPharma Inc. (ARRY, Financial).
Restaurant Brands International Inc. (QSR, Financial): President Alexandre Macedo bought 45,000 shares
President Alexandre Macedo bought 45,000 shares of QSR stock on Feb. 19 at the average price of $64.73. The price of the stock has decreased by 1.96% since.
Restaurant Brands International Inc. is a Canadian international fast food holding company that was formed in 2014 through the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons. The company is the fifth largest operator of fast food restaurants worldwide. The company has a market capitalization of $16.02 billion, and as of Feb. 22 it traded at $63.46.
On Feb. 11 Restaurant Brands International Inc. reported financial results for the fourth quarter and full year 2018. Diluted earnings per share for the quarter was $0.64, compared to $1.59 during the same quarter prior year. Total revenues for the quarter was $1.385 billion, compared to $1.234 billion during the same quarter prior year.
DISH Network Corp. (DISH, Financial): Executive Vice President James Defranco bought 25,000 shares
Executive Vice President James Defranco bought 10,000 shares of DISH stock on Feb. 19 at the average price of $30.67. The price of the stock has increased by 6.29% since.
DISH Network Corp. is an American satellite and television company that focuses on direct-broadcast satellite service. The company provides satellite television, audio programming, and interactive television services to both commercial and residential customers. The company has a market capitalization of $15.25 billion, and as of Feb. 22 it traded at $32.60.
On Feb. 13 DISH Network Corp. reported financial results for the fourth quarter and full year 2018. Revenue for the quarter was $3.31 billion compared to $3.48 billion for the same quarter prior year. Net income for the quarter was $337 million, compared to $1.39 billion during the same quarter prior year. Diluted earnings per share for the quarter were 64 cents, compared to $2.64 per share during the same quarter prior year.
Sabre Corp. (SABR, Financial): Director Karl Peterson bought 10,000 shares
Director Karl Peterson bought 10,000 shares of SABR stock on Feb. 19 at the average price of $22.4. The price of the stock has increased by 1.56% since.
Sabre Corp. is an American travel technologies and services company that is the largest global distribution systems provider for air bookings in North America. Texas Pacific Group and Silver Lake Partners acquired the company in 2007 and the company began publicly trading on the Nasdaq in 2014. The company has a market capitalization of $6.27 billion, and as of Feb. 22 it traded at $22.75.
On Feb. 18 Sabre Corp. announced that Abdul-Razzaq Iyer has been appointed to lead its Sabre Travel Network Middle East business. Iyer joined the company in 2008 and has held various positions in business consulting and sales. He was a senior director in the Strategic Business Development team in the company’s Singapore office and helped achieve significant growth for the company across many different markets.
Array BioPharma Inc. (ARRY, Financial): Director Carrie Smith Cox bought 5,000 shares
Director Carrie Smith Cox bought 5,000 shares of ARRY stock on Feb. 19 at the average price of $23.2. The price of the stock has increased by 0.17% since.
Array BioPharma Inc. is an American clinical stage pharmaceutical company that is a part of the Nasdaq Biotechnology Index. The company has collaborated in Pfizer and Merck to study several cancer targeting drug combinations. The company is also a component of the Russell 2000. The company has a market capitalization of $5.07 billion, and as of Feb. 22 it traded at $23.24.
On Feb. 5 Array BioPharma Inc. reported financial results for the second quarter of fiscal 2019. Total revenue for the quarter was $82.5 million, compared to $56.9 million for the previous quarter. Cost of goods sold for the quarter was $0.8 million, representing 3.5% of net sales, compared to $0.2 million for the prior quarter. Net loss for the quarter was $11.4 million, or 5 cents per share, compared to net loss of $24.8 million or 12 cents per share for the previous quarter.
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.