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Shuda Xia
Shuda Xia
Articles (294) 

Weekly Top Insider Buys Highlight for the Week of June 7

The largest Insider Buys this week were for FirstEnergy Corp, American Airlines Group Inc., The Hershey Co. and Corteva Inc.

June 08, 2019 | About:

The largest Insider Buys this week were for FirstEnergy Corp. (NYSE:FE), American Airlines Group Inc. (NASDAQ:AAL), The Hershey Co. (NYSE:HSY) and Corteva Inc. (NYSE:CTVA).

FirstEnergy Corp. (NYSE:FE): Director Christopher D. Pappas bought 3,000 shares

Director Christopher D. Pappas bought 3,000 shares of FE stock on May 30 at the average price of $41.14. The price of the stock has increased by 5.15% since.

FirstEnergy Corp. is an American energy company that has subsidiaries involved in the generation, transmission, and distribution of energy as well as energy management and other related services. Its ten electric utility operating companies make up the United States’ largest investor owned utility. The company has a market capitalization of $22.99 billion, and as of June 7 it traded at $43.26.

On May 22 FirstEnergy Corp. announced promotions in its human resources and finance organizations. Christine L. Walker has been named senior vice president and chief human resources officer, effective July 1. She succeeds Charles D. Lasky, who is retiring from the company after 33 years. Walker will report to the company’s President and CEO, Charles E. Jones. Tracy M. Ashton has been named assistant controller, corporate, effective May 26. Ashton will report to Vice President, Controller, and Chief Accounting Officer Jason Lisowski.

American Airlines Group Inc. (NASDAQ:AAL): Director John T. Cahill bought 25,000 shares

Director John T. Cahill bought 25,000 shares of AAL stock on June 4 at the average price of $28.6. The price of the stock has increased by 8.46% since.

American Airlines Group Inc. is an American airline holding company that was formed in December of 2013 with the merger of AMR Corporation and US Airways Group. The company is the largest airline in the world and was ranked number 71 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. The company has a market capitalization of $13.8 billion, and as of June 7 it traded at $31.02.

On June 3 American Airlines Group Inc. announced that the U.S. Department of Transportation has announced a tentative approval of the joint business between American Airlines and Qantas to better serve customers flying between the United States, Australia, and New Zealand. Final approval of the joint venture will allow for commercial integration between the carriers, which will enable new routes and significant customer benefits.

The Hershey Co. (NYSE:HSY): President, U.S. Todd W. Tillemans bought 2,000 shares

President, U.S. Todd W. Tillemans bought 2,000 shares of HSY stock on May 30 at the average price of $129.92. The price of the stock has increased by 6.63% since.

The Hershey Co. is an American food processing company that is one of the largest chocolate manufacturers in the world. The company also produces baked products such as cookies, cakes, drinks, and milk shakes. The company is a component of the S&P 500. The company has a market capitalization of $28.93 billion, and as of June 7 it traded at $138.54.

On April 25 The Hershey Co. announced that the company’s Board of Directors has announced a quarterly dividend of $0.722 on the common stock and $0.656 on the Class B common stock. The dividends are payable on June 14 to stockholders of record at the close of business on May 24.

Corteva Inc. (NYSE:CTVA): Director Gregory R. Page bought 2,000 shares

Director Gregory R. Page bought 2,000 shares of CTVA stock on June 3 at the average price of $25.49. The price of the stock has increased by 4.24% since.

Corteva Inc. is an American agricultural chemical and seed company. The company was the agricultural unit of DowDuPont prior to being spun off as an independent public company during June of 2019. The company has a market capitalization of $19.9 billion, and as of June 7 it traded at $26.57.

On June 5 Corteva Inc. announced a collaboration with Accenture to bring together non-profit groups, higher education organizations, and government leaders to help individuals and educators in Jefferson, Iowa, acquire technology skills while remaining in their rural communities.

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.


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