According to GuruFocus insider data, these are the largest CEO buys from the past week.
PVH CEO bought 133,155 shares
PVH Corp. (PVH, Financial) Chairman and CEO Emanuel Chirico bought 133,155 shares on Sept. 3 at an average price of $74.99. The share price has increased by 13.87% since then.
PVH owns and markets a portfolio of leading lifestyle brands, including Tommy Hilfiger and Calvin Klein, which together account for over 80% of revenue. Its Heritage Brands business, including Van Heusen, Speedo, Warner's and Izod, supplements this revenue stream. Apparel is sold through wholesale and retail channels across the globe. The company has a market cap of $5.73 billion. Its shares traded at $85.39 with a price-earnings ratio of 9.60 as of Sept. 6.
Net income for the quarter ended Aug. 4 was $193.1 million, up from $164.7 million in the prior-year quarter.
Chirico also bought 191 shares on Sept. 3 for an average price of $74.63. The share price has risen 14.42% since then.
Director Henry Nasella bought 6,250 shares on Sept. 4 for an average price of $80.37. Since then, the share pirce has increased by 6.25%.
Coty CEO bought 262,000 shares
Coty Inc. (COTY, Financial) CEO Pierre Laubies bought 262,000 shares on Aug. 30 for an average price of $9.54. The share price has climbed 5.03% since then.
Coty is a cosmetics company. Its portfolio of brands includes Clairol, CoverGirl, Max Factor, OPI, philosophy, Rimmel and Sally Hansen. The company has a market cap of $7.28 billion. Its shares traded at $10.02 as of Sept. 6.
In the fourth quarter, the company reported a net loss of $2.80 billion, compared to a net loss of $181.3 million in the year-ago quarter.
Director Robert S. Singer bought 35,000 shares on Sept. 4 for an average price of $9.31 per share. The share price has advanced 7.63% since then.
Director Peter Harf bought 1,051,507 shares on Sept. 3 at an average price of $9.49. The stock has gained 5.58% since then.
Director Olivier Goudet bought 50,000 shares on Aug. 30 at an average price of $9.53. The stock has risen 5.14% since then.
New Media Investment Group CEO bought 250,000 shares
New Media Investment Group Inc. (NEWM, Financial) CEO Michael Reed bought 250,000 shares on Aug. 30 for an average price of $8.78. The share price has increased by 2.16% since then.
The company focuses on local media assets such as community publications, websites and yellow-page directories. It is one of the largest publishers of local print and online media in the United States and operates in over 400 markets around the country. The company has a market cap of $524.60 million. Its shares traded at $8.97 with a price-earnings ratio of 690 as of Sept. 6.
Net income for the second quarter was $2.8 million, compared to $11.7 million in the prior-year period.
Director Laurence Tarica bought 30,000 shares on Aug. 30 for an average price of $8.74. The share price has increased by 2.63% since then.
Director Kevin M. Sheehan bought 15,000 shares on Aug. 30 for an average price of $8.76. Since then, the stock has gained 2.4%.
Elanco Animal Health CEO bought 75,750 shares
Elanco Animal Health Inc. (ELAN, Financial) President and CEO Jeffrey N. Simmons bought 75,750 shares on Sept. 4 for an average price of $26.55. The share price has risen 3.01% since then.
The animal health care company develops, manufactures and markets products for pets and livestock. The company has a market cap of $10.02 billion. Its shares traded at $27.35 with a price-earnings ratio of 66.71 as of Sept. 6.
Net income for the second quarter of 2019 was $35.9 million, compared to a net loss of $62.8 million for the same period in 2018.
Executive Vice President and Chief Financial Officer Todd S. Young bought 10,000 shares on Sept. 4 for an average price of $26.57. The stock has gained 2.94% since then.
Director R. David Hoover bought 15,000 shares on Aug. 22 for an average price of $26.96. Since then, the share price has increased by 1.45%.
Secretary, Executive Vice President and General Counsel Michael-Bryant Hicks bought 11,030 shares on Aug. 22 for an average price of $26.65. The share price since then has increased by 2.63%.
Cott CEO bought 80,000 shares
Cott Corp. (COT, Financial) CEO Thomas Harrington bought 80,000 shares on Sept. 4 for an average price of $12.56. Since then, the stock has climbed 4.14%.
Cott, along with its subsidiaries, is engaged in manufacturing and selling beverages. The company has a market cap of $1.72 billion. Its shares traded at $13.08 as of Sept. 6.
Net income was $4 million for the second quarter of 2019, compared to $12 million in the same period of 2018.
Director Eric Rosenfeld bought 80,000 shares on Aug. 12 for an average price of $12.38. The share price has increased by 5.65% since then.
For the complete list of stocks bought by company CEOs, go to CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
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