1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Shuda Xia
Shuda Xia
Articles (314) 

Weekly Top Insider Buys Highlight for the Week of June 14

The largest Insider Buys this week were for Johnson & Johnson, Occidental Petroleum Corp, Cisco Systems Inc. and Fox Corp

June 15, 2019 | About:

The largest Insider Buys this week were for Johnson & Johnson (NYSE:JNJ), Occidental Petroleum Corp. (NYSE:OXY), Cisco Systems Inc. (NASDAQ:CSCO) and Fox Corp. (NASDAQ:FOX).

Johnson & Johnson (NYSE:JNJ): Director Marillyn A. Hewson bought 3,000 shares

Director Marillyn A. Hewson bought 3,000 shares of JNJ stock on June 11 at the average price of $139.68. The price of the stock has increased by 0.29% since.

Johnson & Johnson is an American international company that focuses on manufacturing medical devices, pharmaceutical products, and consumer packaged goods. The company is a component of the Dow Jones Industrial Average and the company was ranked number 37 on the 2018 Fortune 500 list by total revenue. The company has a market capitalization of $371.95 billion, and as of June 14 it traded at $140.09.

On June 11 Johnson & Johnson announced results of a new subgroup analysis from the landmark phase 3 CREDENCE study. The study showed that INVOKANA significantly reduced the risk of major cardiovascular events and kidney failure in patients with type 2 diabetes and chronic kidney disease. These results were observed in patients taking the drug, including those with cardiovascular risk factors but no history of cardiovascular disease and patients with history of cardiovascular disease.

Occidental Petroleum Corp. (NYSE:OXY): Senior Vice President Oscar K Brown bought 15,000 shares

Senior Vice President Oscar K. Brown bought 15,000 shares of OXY stock on June 12 at the average price of $48.28. The price of the stock has increased by 2.13% since.

Occidental Petroleum Corp. is an American international oil and gas exploration and production company. The company has operations in the United States, the Middle East, and Latin America and is engaged in petrochemical manufacturing in the United States, Canada, and Chile. The company was the 9th largest petroleum producer in Texas in 2018. The company has a market capitalization of $36.89 billion, and as of June 14 it traded at $49.31.

On May 9 Occidental Petroleum Corp. announced that it has entered into a definitive agreement to acquire Anadarko Petroleum Corporation for $59.00 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock. The transaction is valued at $57 billion, including the assumption of Anadarko’s debt.

Cisco Systems Inc. (NASDAQ:CSCO): Director Wesley G. Bush bought 10,000 shares

Director Wesley G. Bush bought 10,000 shares of CSCO stock on June 07 at the average price of $55.74. The price of the stock has decreased by 1.78% since.

Cisco Systems Inc. is an American international technology conglomerate that focuses on developing, manufacturing, and selling networking hardware, telecommunications equipment, and other high-technology services and products. The company has a market capitalization of $234.37 billion, and as of June 14 it traded at $54.75.

On June 10 Cisco Systems Inc. announced that it is bringing intent-based networking to the most challenging work environments on Earth. Some of the innovations that the company is releasing includes ruggedized access using catalyst heavy duty switches and access points that are designed to withstand extended exposure to extreme environmental conditions. Other innovations include the new Cisco Industrial Router, which now supports Cisco SD-WAN capabilities to securely connect remote locations.

Fox Corp. (NASDAQ:FOX): Chairman Rupert Murdoch Keith bought 600,000 shares

Chairman Rupert Murdoch Keith bought 600,000 shares of FOX stock on June 14 at the average price of $35.29. The price of the stock has decreased by 0.94% since.

Fox Corp. is an American television broadcasting company formed from the 2019 acquisition of 21st Century Fox by the Walt Disney Company. Fox Corp. was spun off from 21st Century Fox and its stock began trading on March 19, 2019. The company is owned by the Murdoch family through a family trust with 39% interest. The company has a market capitalization of $21.792 billion, and as of June 14 it traded at $34.96.

On May 20 Fox Corp. announced that it has named Viant Technology’s Jeff Collins as Executive Vice President of Advertising Sales, effective immediately. Collins will oversee the advertising sales for all of FOX News media including FOX News Channel, FOX Business Network, and FOX News Digital. The position was previously held by Marianne Gambelli, who transitioned to head of ad sales for the network’s parent company last fall.

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.


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:



Performances of the stocks mentioned by Shuda Xia


User Generated Screeners


pjmason14Momentum
pascal.van.garsseHigh FCF-M2
kosalmmuse6
kosalmmuseBest one1
DBrizanall 2019Feb26
kosalmmuseBest one
DBrizanall 2019Feb25
kosalmmuseNice
kosalmmusehan
MsDale*52-Week Low
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)