Weekly CEO Buys Highlight

Details the CEO buys this past week for the following companies: Enstar Group, Odonate Therapeutics, Arconic, PBF Energy and The Brink's Co.

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Mar 17, 2019
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According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Enstar Group CEO bought 27,775 shares

Enstar Group Ltd. (ESGR, Financial) CEO Dominic Francis Mich Silvester bought 27,775 shares on March 12 at a price of $169.88. The price of the stock has increased by 2.21% since.

Enstar Group acquires and manages insurance and reinsurance companies in run-off and portfolios of insurance and reinsurance business in run-off, and providing management, consulting, and other services to the insurance and reinsurance industry. The company has a market cap of $3.73 billion. Its shares traded at $173.63 as of March 15.

Net loss earnings for the third quarter of 2018 were $22.32 million compared to net earnings of $24.16 million for the same period a year ago.

Chief Financial Officer Guy Thomas Anthony Bowker bought 1,500 shares on March 8 at a price of $160.52. The price of the stock has increased by 8.17% since.

Chief Operating Officer Orla Gregory bought 5,820 shares on March 12 at price of $171.25. The price of the stock has increased by 1.39% since.

President Paul James O'Shea bought 6,000 shares on March 6 at a price of $167.41. The price of the stock has increased by 3.72% since.

Odonate Therapeutics CEO bought 140,000 shares

Odonate Therapeutics Inc. (ODT, Financial) CEO and 10% Owner Kevin C. Tang bought 140,000 shares on March 8 at a price of $18.26. The price of the stock has increased by 30.07% since.

Odonate Therapeutics is a pharmaceutical company engaged in the development of therapeutics which improves and extend the lives of patients with cancer. It is developing tesetaxel, a chemotherapy agent used in the treatment of cancer. The company has a market cap of $635.45 million. Its shares traded at $23.75 as of March 15.

Net loss for the three months ended Dec. 31, 2018 was $28.8 million compared to $15.7 million for the prior-year period.

Director Jeff L. Vacirca bought 3,000 shares on March 4 at a price of $17. The price of the stock has increased by 39.71% since.

Arconic CEO bought 105,000 shares

Arconic Inc. (ARNC, Financial) Chairman and CEO John C. Plant bought 105,000 shares on March 12 at a price of $18.67. The price of the stock has increased by 1.71% since.

Arconic is engaged in manufacturing value-added aluminum and specialty metals products for a wide variety of industrial end markets, including aerospace and defense, building and construction, and automotive. The company has a market cap of $9.21 billion. Its shares traded at $18.99 with a price-earnings ratio of 14.68 as of March 15.

Fourth quarter net income in 2018 was $218 million compared to net loss of $727 million for the comparable period of 2017.

Plant also bought 105,000 shares on March 7 at a price of $18.51. The price of the stock has increased by 2.59% since.

PBF Energy CEO bought 25,000 shares

PBF Energy Inc. (PBF, Financial) CEO Thomas J. Nimbley bought 25,000 shares on March 11 at a price of $30.03. The price of the stock has increased by 8.42% since.

PBF Energy is engaged in the oil and gas sector. It is a petroleum refiner and supplier of unbranded transportation fuels. The company has a market cap of $7.85 billion. Its shares traded at $32.56 with a price-earnings ratio of 29.52 as of March 15.

Fourth quarter 2018 net loss was $346.7 million compared to net income of $260.4 million for the fourth quarter of 2017.

The Brink's Co. CEO bought 10,000 shares

The Brink's Co. (BCO, Financial) President and CEO Douglas A. Pertz bought 10,000 shares on March 11 at a price of $72.93. The price of the stock has increased by 6.87% since.

The Brink's Co., along with its subsidiaries, provides secure logistics and security solutions including cash-in-transit, ATM replenishment and maintenance, cash management services, including vault outsourcing, money processing, and intelligent safe services. The company has a market cap of $3.87 billion. Its shares traded at $77.94 as of March 15.

The company reported net income of $35 million for the fourth quarter of 2018.

Executive Vice President and Chief Financial Officer Ronald James Domanico bought 3,000 shares on March 8 at a price of $72.39. The price of the stock has increased by 7.67% since.

Senior Vice President and Chief Information Officer Rohan Pal sold 4,524 shares on March 5 at a price of $76.46. The price of the stock has increased by 1.94% 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.