Largest Insider Trades of the Week

Company insiders load up on Revlon, dump Levi Strauss

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Mar 29, 2019
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The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$200,000+,” the duration to “March 2019” and All Insider Sales to “$200,000+.”

According to these filters, the following are trades from company insiders this week.

Ronald O. Perelman, director and 10% owner of Revlon Inc. (REV, bought 115,000 class A shares for an average price of $21.21 per share on March 25.

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The cosmetics company has a market cap of $1.13 billion and an enterprise value of $4.24 billion. It has insider ownership of 15.02% and institutional ownership of 24.56%.

Over the last 12 months, the stock has risen 5% and is currently trading 27.99% below its 52-week high and 52.36% above its 52-week low.

Harold Hamm, CEO and chairman of Continental Resources Inc. (CLR, Financial), bought 791,828 shares for an average price of $42.95 per share on March 25.

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The company, which produces crude oil and natural gas, has a market cap of $16.45 billion and an enterprise value of $22.21 billion. It has insider ownership of 1.01% and institutional ownership of 35.31%.

Over the last 12 months, the stock has fallen 26% and is currently trading 39.21% below its 52-week high and 23.07% above its 52-week low.

Joseph M. Field, chairman of Entercom Communications Corp. (ETM, Financial), bought 264,254 shares for an average price of $5.48 per share on March 26.

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The radio broadcasting company has a market cap of $754.25 million and an enterprise value of $2.5 billion. It has insider ownership of 3.05% and institutional ownership of 137.25%.

Over the last 12 months, the stock has fallen 45% and is trading 51.42% below its 52-week high and 2.11% above its 52-week low.

Crestview Partners III GP L.P, director and 10% owner of WideOpenWest Inc. (WOW, Financial), bought 278,923 shares for an average price of $9.49 per share on March 27.

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The company, which provides cable operator and broadband services, has a market cap of $769.57 million and an enterprise value of $3.05 billion. It has insider ownership of 67.01% and institutional ownership of 3.1%.

Over the last 12 months, the stock has risen 30% and is trading 27.89% below its 52-week high and 54.52% above its 52-week low.

Most important insider sales

Blackstone Real Estate Partners, BREP VII-NQ Side-by-Side GP LP, IH3 Holdco GP LLC, IH1 Holdco L.P., Blackstone Holdings II L.P., Invitation Homes 6 Parent L.P. and BREP IH6 Holdings LLC sold a combined 280,000,000 shares of Invitation Homes Inc. (INVH) for an average price of $23.22 per share on March 25.

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The company, which buys and sells vacant, leased or occupied homes, has a market cap of $12.59 billion and an enterprise value of $21.83 billion. It has insider ownership of 0.72% and institutional ownership of 134.93%.

Over the past three months, the stock has risen 6% and is currently trading 1.02% below its three-month high and 25.72% above its three-month low.

David A. Friedman, Peter E. Hass Jr., Margaret E. Hass and Miriam L. Hass sold a combined 10,885,000 shares of Levi Strauss & Co. (LEVI) for an average price of $17 per share on March 25.

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The company has a market cap of $8.6 billion and an enterprise value of $8.94 billion.

Levi Strauss held its initial public offering earlier this month.

Ernest C. Garcia II, 10% owner of Carvana Co. (CVNA, Financial), sold 176,521 class A shares for an average price of $57.52 per share on March 26.

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The e-commerce platform, which is used to buy and sell used cars, has a market cap of $8.46 billion and an enterprise value of $9.17 billion. It has insider ownership of 0.09% and institutional ownership of 35.97%.

Over the last 12 months, the stock has climbed 154% and is currently trading 19.89% below its 52-week high and 167.23% above its 52-week low.

Lilly Endowment Inc., 10% owner of Eli Lilly and Co. (LLY, Financial), sold 205,000 shares for an average price of $131.41 per share on March 26.

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The pharmaceutical company has a market cap of $124.96 billion and an enterprise value of $130.73 billion. It has insider ownership of 0.39% and institutional ownership of 109.26%.

Over the last 12 months, the stock has risen 66% and is currently trading 2.54% below its 52-week high and 70.78% above its 52-week low.

Disclosure: I do not own any stocks mentioned.

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