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Top Insider Buys Highlight for the Week of April 7

- By Shuda Xia

Salesforce.com Inc. (CRM): Director Susan Wojcicki bought 1,209 shares

Director Susan Wojcicki bought 1,209 shares of Salesforce.com stock on April 3 at the average price of $82.70. The price has increased by 2.03% since.

President and Vice Chairman and COO Keith Block sold 10,000 shares of Salesforce.com stock on April 6 at the average price of $84.81. The price of the stock has decreased by 0.51% since.


Salesforce.com is an American-based company headquartered in San Francisco that specializes in cloud computing. Most of its revenue comes from customer relationship management products. However, Salesforce.com also utilizes commercial applications of social networking through acquisition to gain additional revenue. The company has a market cap of $59.7 billion and as of April 7, it traded at $84.38.

On March 6, Salesforce.com announced a global strategic partnership with IBM Corp. to deliver joint solutions designed to leverage artificial intelligence to enable companies to make smarter and faster decisions. The partnership promises to seamlessly connect the platforms and services of the two companies to provide a new level of intelligent customer engagement across services such as sales, service and marketing.

Sysco Corp. (SYY): Director Daniel J. Brutto bought 2,500 shares

Director Daniel J. Brutto bought 2,500 shares of Sysco stock on March 31 at the average price of $51.94. The price of the stock has decreased by 0.29% since.

Sysco Corp. is an American international corporation involved in the marketing and distributing of food products to restaurants, health care and educational facilities, hotels and other hospitality businesses. The company has more than 400,000 clients in a variety of fields and operates 170 facilities in the U.S. and Canada. The company has a market cap of $27.98 billion and as of April 7, it traded at $51.79.

On March 24, Sysco Corp. announced that Ajoy H. Karna was named senior vice president in the European division of international foodservice operations. The appointment is effective April 17, and Karna will be responsible for the Brakes Group, which encompasses the company's operations in countries such as the U.K., Ireland, France, Sweden, Spain and Belgium.

Nuveen Municipal Credit Income Fund (NZF): Portfolio Manager Scott R. Romans bought 2,425 shares

Portfolio Manager Scott R. Romans bought 2,425 shares of Nuveen Municipal Credit Income Fund stock on April 4 at the average price of $14.43. The price of the stock has increased by 0.55% since.

Nuveen Municipal Credit Income Fund is an American asset management company. It started in the municipal bond underwriting business and remains active in the market. However, the company primarily sells services including separately managed accounts, retail mutual funds and close-end funds. Nuveen has $229.7 billion in assets under management. The company has a market cap of $2.06 billion and as of April 7, it traded at $14.51.

On April 3, Nuveen Municipal Credit Income Fund announced that its close-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for their retirement income needs. The record date for the monthly distribution declarations for the taxable and tax-exempt close-ended funds is April 13, 2017.

Ensign Group Inc. (ENSG): Director John G. Nackel bought 1,352 shares

Director John G. Nackel bought 1,352 shares of Ensign Group stock on April 6 at the average price of $18. The price of the stock has increased by 2.78% since.

Ensign Group Inc. is an American holding company that provides skilled nursing and rehabilitative care services through its subsidiaries. The company operates 82 facilities and one home health and hospice operation, providing a variety of skilled nursing and assisted living services. The company has a market cap of $941.620 million and as of April 7, it traded at $18.50.

On April 6, Ensign Group Inc. announced that it acquired the Rehabilitation Center of Des Moines, a 74-bed skilled nursing operation in Des Moines, Iowa. The acquisition was effective April 1, with the facility subject to a long-term lease. The new Des Moines operation is the sixth operation for the company in Iowa.

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.

This article first appeared on GuruFocus.