Insiders Roundup: The Week's Largest Buys and Sales

Netflix, American Express, Procter & Gamble top the list

Author's Avatar
Feb 24, 2017
Article's Main Image

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 “February 2017” and All Insider Sales to “$5,000,000+.”

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

Joseph John Brennan, director of American Express Co. (AXP), bought 4,000 shares for $79.74 per share on Feb. 22. Since then, the stock price has increased by 0.4% to $80.05.

American Express is a payments, network and travel company that offers credit payment card products and travel-related services to consumers and businesses.

The company has an institutional ownership of 92.14% and insider ownership of 0.56%.

During the last 12 months, the stock price has risen by 47% and is now trading with a price-book (P/B) ratio of 3.53. The price is 0.50% below its 52-week high and 49.46% above its 52-week low

Michael F. Hines and Robert F. Moran, director and interim CEO of GNC Holdings Inc. (GNC), bought shares on Feb. 21. Hines bought 125,000 shares for $8.18 per share, and Moran bought 592,259 shares for $8.44 per share. Since then, the stock price has risen by 7% to $8.89.

GNC is a specialty retailer of health, wellness and performance products including vitamins, minerals and herbal supplement products (VMHS), sports nutrition products and diet products.

The company has an institutional ownership of 70.44% and insider ownership of 1.40%.

During the last 12 months, the stock price has dropped by 69%, and the price is 75.24% below its 52-week high and 27.91% above its 52-week low.

Glenn W. Welling, director and 10% owner of Jamba Inc. (JMBA), bought 120,200 shares for $9.78 per share on Feb. 22. Since then, the stock price has increased by 0.3% to $9.81.

Jamba is a retailer of blended-to-order fruit smoothies, squeezed-to-order juices, blended beverages and snacks.

The company has an institutional ownership of 35.47% and insider ownership of 94.73%.

During the last 12 months, the stock price has dropped by 25% and is trading with a P/B ratio of 209.38. The price is 28.80% below its 52-week high and 8.37% above its 52-week low.

Dino Robusto, chairman and CEO of CNA Financial Corp. (CNA), bought 12,000 shares for $41.84 per share on Feb. 21. Since then, the stock price has risen by 2.4% to $42.85.

It offers commercial, property and casualty coverage, risk management, information services, warranty and claims administration.

The company has an institutional ownership of 99.30% and insider ownership of 0.31%.

During the last 12 months, the stock price has risen by 49% and is now trading with a P/B ratio of 0.95. The price is 4.03% below its 52-week high and 50.74% above its 52-week low.

Most important insider sales of the week

CD&R Allied Holdings LP, 10% owner of Atkore International Group Inc. (ATKR), sold 10.35 million shares for $25 per share on Feb. 23. Since then, the stock price has risen by 4% to $26.

It manufactures Electrical Raceway products for the nonresidential construction and renovation markets and Mechanical Products & Solutions (MP&S) for the construction and industrial market.

The company has an institutional ownership of 28.04% and insider ownership of 0.62%.

During the last 12 months, the stock price has risen by 63% and is now trading with a P/B ratio of 5.87. The price is 4.76% below its 52-week high and 83.49% above its 52-week low.

Mary Lynn Ferguson-McHugh, Global Family Care group president of Procter & Gamble Co. (PG), sold 61,208 shares for $91.56 per share on Feb. 22. Since then, the stock price has declined by 0.5% to $91.13.

It provides consumer packaged goods. It markets its products in about 180 countries through mass merchandisers, grocery stores, membership club stores, drug stores and department stores among others.

The company has an institutional ownership of 74.95% and insider ownership of 0.23%.

During the last 12 months, the stock price has risen by 12% and is now trading with a P/B ratio of 4.45. The price is 0.39% below its 52-week high and 15.60% above its 52-week low.

Senior Vice President and Chief Information Officer Brian P. LeClaire and President and CEO Bruce D. Broussard of Humana Inc. (HUM) sold shares on Feb. 21 and Feb. 22. LeClaire sold 26,894 shares for $205.24 per share on Feb. 22, and Broussard sold 104,256 shares for $205.23 per share on Feb. 21.

Humana is a health care company that offers a insurance products and health and wellness services. Its segments include Retail, Employer Group and Healthcare Services.

The company has an institutional ownership of 90.96% and insider ownership of 0.74%.

During the last 12 months, the stock price has risen by 19% and is now trading with a P/B ratio of 2.87. The price is 5.56% below its 52-week high and 37.13% above its 52-week low.

Reed Hastings, CEO of Netflix Inc. (NFLX), sold 84,469 shares for $142.71 per share on Feb. 21. Since then, the stock price has not changed.

Netflix operates as an internet television network providing TV shows and movies including original series, documentaries and feature films. The company's business segments are Domestic streaming, International streaming and Domestic DVD.

The company has an institutional ownership of 82.42% and insider ownership of 0.15%.

During the last 12 months, the stock price has risen by 61% and is now trading with a P/B ratio of 23.03. The price is 1.43% below its 52-week high and 70.25% above its 52-week low.

Disclosure: I do not own any shares of any stocks mentioned in this article.

Start a free seven-day trial of Premium Membership to GuruFocus.