Weekly Top Insider Buys Highlight for the Week of July 20

The largest Insider Buys this week were for Walgreens Boots Alliance Inc. (WBA), DISH Network Corp. (DISH), Omnova Solutions Inc. (OMN), and Medical Properties Trust Inc. (MPW).

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Jul 21, 2018
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The largest Insider Buys this week were for Walgreens Boots Alliance Inc. (WBA, Financial), DISH Network Corp. (DISH, Financial), Omnova Solutions Inc. (OMN, Financial), and Medical Properties Trust Inc. (MPW, Financial).

Walgreens Boots Alliance Inc. (WBA, Financial): Co-COO Ornella Barra bought 1,700,000 shares

Co-COO Ornella Barra bought 1,700,000 shares of WBA stock on July 16 at the average price of $65.15. The price of the stock has decreased by 0.26% since.

Walgreens Boots Alliance Inc. is an American holding company that owns Walgreens, Boots, and other pharmaceutical manufacturing, wholesale, and distribution companies. The company is organized into three divisions: Retail Pharmacy USA, known as Walgreens, Retail Pharmacy International, known as Boots, and Pharmaceutical Wholesale. The company has a market capitalization of $64.49 billion, and as of July 20 it traded at $64.98.

On June 28 Walgreens Boots Alliance Inc. reported fiscal 2018 third quarter results. GAAP diluted earnings per share increased 26.2% to $1.35 from the year-ago quarter while GAAP net earnings increased 15.5% to $1.3 billion from the year-ago quarter. Sales increased 14% from the year-ago quarter to a total of $34.3 billion.

DISH Network Corp. (DISH, Financial): Executive Vice President James Defranco bought 10,000 shares

Executive Vice President James Defranco bought 5,000 shares of DISH stock on July 16 at the average price of $32.99. The price of the stock has decreased by 6.3% since.

DISH Network Corp. is an American satellite and television company that focuses on direct-broadcast satellite service. The company provides satellite television, audio programming, and interactive television services to both commercial and residential customers. The company has a market capitalization of $14.45 billion, and as of July 20 it traded at $30.91.

On June 29 DISH Network Corp. announced that negotiations with Univision Communications Inc. have reached an apparent roadblock following unmanageable demands by Univision Communications and the company’s sudden departure from the negotiating table. DISH Network Corp. is preparing for Univision to block DISH customers from its channels.

Omnova Solutions Inc. (OMN, Financial): Corporate Secretary Frank P. Jr. Esposito bought 1,028 shares

Corporate Secretary Frank P. Jr. Esposito bought 1,028 shares of OMN stock on July 17 at the average price of $9.63. The price of the stock has decreased by 3.95% since.

Omnova Solutions Inc. is an American international manufacturer of specialty chemicals, focusing on emulsion polymers and decorative surfaces. The company was founded in 1999 when GenCorp spun off its Decorative & Building Products and Performance Chemicals businesses into a separate company. The company has a market capitalization of $415.06 million, and as of July 20 it traded at $9.25.

On June 28 Omnova Solutions Inc. announced that it will close its production facility in Green Bay, Wisconsin. The site makes styrene butadiene emulsions and will continue operation for the next 9-12 months in order to ensure a smooth transition of production to the company’s facility in Mogadore, Ohio.

Medical Properties Trust Inc. (MPW, Financial): Director G. Steven Dawson bought 5,662 shares

Director G. Steven Dawson bought 5,662 shares of MPW stock on July 12 at the average price of $14.41. The price of the stock has decreased by 1.6% since.

Medical Properties Trust Inc. is an American real estate investment trust that focuses on acquiring and developing net-leased healthcare facilities. The company’s facilities include acute care hospitals, inpatient rehabilitation hospitals, and other medical and surgical facilities. The company has a market capitalization of $5.17 billion, and as of July 20 it traded at $14.18.

On July 7 Medical Properties Trust Inc. announced that it has entered into agreements with Primonial Group to form a joint venture pursuant to which a fund managed by Primonial Group will acquire a 50% interest in a Medical Properties Trust portfolio of 71 post-acute hospitals throughout Germany. The transaction values the portfolio at approximately 1.635 billion Euros.

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.