Top Insider Buys Highlight for the Week of Oct. 25

Insiders invest in JPMorgan, Eli Lilly, Keurig Dr Pepper and Assured Guaranty

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Oct 27, 2019
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The largest Insider Buys this week were JPMorgan Chase & Co. (JPM, Financial), Eli Lilly and Co. (LLY, Financial), Keurig Dr Pepper Inc. (KDP, Financial) and Assured Guaranty Ltd. (AGO, Financial).

JPMorgan director bought 16,000 shares

Director Mellody L. Hobson bought 16,000 shares on Oct. 23 for an average price of $124.65. The share price has increased by 1.11% since then.

JPMorgan Chase is an American multinational banking and financial services holding company and the largest bank in the U.S. The company is also the world’s third-largest bank by total assets, totaling roughly $2.5 trillion. It offers services in investment banking, asset management, private banking and private wealth management. The company has a market capitalization of $395.29 billion; as of Oct. 25, it traded at $126.03.

On Oct. 15, JPMorgan declared dividends on various series of the company’s outstanding preferred stock. This includes a 34.06 cents dividend on the company’s 5.45% non-cumulative preferred stock, Series P, a 38.28 cents dividend on the company’s 6.125% non-cumulative preferred stock, Series Y, and a 38.125 cents dividend on the company’s 6.1% non-cumulative preferred stock, Series AA, among others.

Eli Lilly director bought 1,861 shares

Director Jackson P. Tai bought 1,861 shares on Oct. 24 for an average price of $107.49. The price of the stock has increased by 2.52% since then.

Eli Lilly is an American international pharmaceutical company with offices in 18 countries and products sold in more than 120 countries. It is known for being the first company to mass produce the polio vaccine and the first company to produce human insulin. The company has a market capitalization of $106.39 billion; as of Oct. 25, it traded at $110.20.

On Oct. 24, Eli Lilly announced it has commenced a cash tender offer for up to $2.0 billion aggregate principal amount of specified series of its outstanding debt. The company is offering to purchase under certain conditions its 3.950% notes due 2047, 3.7% notes due 2045 and 3.875% notes due 2039, among others. The early tender date is 5 p.m. eastern time on Nov. 6.

Keurig Dr Pepper chief human resources officer bought 6,000 shares

Chief Human Resources Officer Mary Beth Denooyer bought 6,000 shares on Oct. 22 at the average price of $27.53. The price of the stock has decreased by 0.07% since then.

Keurig Dr Pepper is an American beverage conglomerate. Its East Coast division sells coffee, beverages and Keurig brewers. As of July 2025, the company also sells sodas, juices and other soft drinks from its Dr Pepper Snapple division in Texas. The company has a market capitalization of $38.7 billion; as of Oct. 25, it traded at $27.51.

On Sept. 26, Keurig Dr Pepper announced a long-term master licensing and distribution agreement with McDonald’s for McCafé packaged coffee in the United States. Under this agreement, the company will continue to be the exclusive manufacturer of McCafé K-Cup pods and will also be responsible for coffee sourcing, distribution and marketing for the K-Cup McCafé brands beginning in the second half of 2020.

Assured Guaranty chief investment officer bought 23,000 shares

Chief Investment Officer Andrew T. Feldstein bought 23,000 shares on Oct. 24 at the average price of $46.65. The price of the stock has decreased by 0.02% since then.

Assured Guaranty is a Bermuda-based international financial company whose subsidiaries provide credit enhancement services to the public finance, structured finance and infrastructure markets. The company also provides alternative asset management services to institutional investors. The company has a market capitalization of $4.6 billion; as of Oct. 25, it traded at $46.64.

On Oct. 1, Assured Guaranty announced it completed the acquisition of alternative asset management firm BlueMountain Capital Management LLC, on the same terms announced by the company on Aug. 7. The terms included the purchase of all the outstanding equity interests in BlueMountain and its associated entities for a price of around $160 million.

For the complete list of stocks that were bought by their company executives, go to Insider Trades.

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Disclosure: I do not own stock in any of the companies mentioned in the article.