According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
Continental Resources CEO bought 883,977 shares
Continental Resources Inc. (CLR, Financial) CEO, Chairman and 10% Owner Harold Hamm bought 883,977 shares on Feb. 22 at a price of $44.49. The price of the stock has increased by 1.66% since.
Continental Resources is an independent crude oil and natural gas exploration and production company that operates primarily in the Williston Basin and in southern Oklahoma. The company has a market cap of $16.83 billion. Its shares traded at $45.23 with a price-earnings ratio of 17.13 as of March 1.
Net income for the fourth quarter of 2018 was $197.7 million compared to $841.9 million for the prior-year period.
New Residential Investment CEO bought 60,000 shares
New Residential Investment Corp. (NRZ, Financial) CEO and President Michael Nierenberg bought 60,000 shares on Feb. 22 at a price of $16.50. The price of the stock has increased by 0.36% since.
New Residential Investment is a real estate investment trust which focuses on investing in and managing investments related to residential real estate in the United States. The company has a market cap of $6.775 billion. Its shares traded at $16.56 with a price-earnings ratio of 5.89 as of March 1.
Net income for the third quarter of 2018 was $185 million compared to $175 million for the prior-year quarter.
Cott Corp. CEO bought 51,405 shares
Cott Corp. (COT, Financial) CEO Thomas Harrington bought 33,560 shares on Feb. 26 at a price of $14.87. The price of the stock has increased by 1.14% since.
Cott Corp., along with its subsidiaries, is engaged in manufacturing and selling beverages. It is a route-based service company that offers bottled water and coffee roasting and blending of iced tea and extract solutions for the U.S. foodservice industry. The company has a market cap of $2.02 billion. Its shares traded at $15.04 with a price-earnings ratio of 5.46 as of March 1.
Net income for the fourth quarter of 2018 was $29 million compared to net loss of $4 million for the comparable period of the previous year.
CEO of S&D Coffee and Tea Charles R. Hinson bought 51,405 shares on Feb. 26 at a price of $14.88. The price of the stock has increased by 1.08% since.
Director Steven P. Stanbrook bought 13,500 shares on Feb. 26 at a price of $14.77. The price of the stock has increased by 1.83% since.
Bausch Health Companies CEO bought 30,000 shares
Bausch Health Companies Inc. (BHC, Financial) Chairman and CEO Joseph C. Papa bought 30,000 shares on Feb. 28 at a price of $23.67. The price of the stock has increased by 2.37% since.
Bausch Health Companies is a specialty pharmaceutical and medical device company which develops, manufactures, and markets a range of generic and branded generic pharmaceuticals, over-the-counter products and medical devices. The company has a market cap of $8.51 billion. Its shares traded at $24.23 as of March 1.
Net loss for the three months ended Dec. 31, 2018 was $344 million, as compared to net income of $513 million for the same period in 2017.
For the complete list of stocks that were bought by their company CEOs, go to: CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned.
