Weekly CEO Buys Highlight

GuruFocus.com
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- By Joy Hu

According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

OPKO Health CEO Bought 120,000 Shares

OPKO Health Inc. (OPK) CEO, Chairman and 10% owner Phillip Frost bought 120,000 shares during the past week at a price of $4.67.

OPKO is a diversified health care company. Its business includes diagnostics and provision of pharmaceutical products. The company has a market cap of $2.38 billion. Its shares traded at $4.25 as of Feb. 2.


Net loss in thousands for the three months ended Sept. 30, 2017, was $46.44 million compared to $14.98 million for the prior-year period.

Frost bought 100,000 shares on Jan. 23 at a price of $4.76; 100,000 shares on Jan. 24 at a price of $4.89; 75,000 shares on Jan. 25 at a price of $4.99; 55,000 shares on Jan. 26 at a price of $4.9; and 65,000 shares on Jan. 31 at a price of $4.47. The price of the stock has decreased by 4.92% since.

Chemical Financial CEO Bought 3,356 Shares

Chemical Financial Corp. (CHFC) CEO and President David T. Provost bought 3,356 shares on Jan. 26 at a price of $58.50. The price of the stock has decreased by 0.7% since.

Chemical Financial is a financial services provider. The firm conducts its business of commercial banking through its primary subsidiary, Chemical Bank, which offers banking and fiduciary products. The company has a market cap of $4.14 billion. Its shares traded at $58.09 with a price-earnings (P/E) ratio of 27.93 as of Feb. 2.

Net income for the three months ended Sept. 30, 2017, was $40.46 million compared to $11.48 million for the prior-year period.

Officer of Principal Business Unit Lori A. Gwizdala sold 1,808 shares on Jan. 26 at a price of $58.98 and 5,594 shares on Feb. 2 at a price of $59.27. The price of the stock has decreased by 1.99% since.

Director Richard M. Lievense sold 6,298 shares on Jan. 26 at a price of $57.92. The price of the stock has increased by 0.29% since.

TCP Capital CEO Bought 9,000 Shares

TCP Capital Corp. (TCPC) CEO Howard Levkowitz bought 9,000 shares on Jan. 30 at a price of $15.27. The price of the stock has decreased by 1.51% since.

TCP Capital is an externally managed investment company. It invests in enterprises which have a valuation of $100 million to $1.5 billion. The company primarily invests in the senior debt instruments. The company has a market cap of $884.24 million. Its shares traded at $15.04 with a price-earnings (P/E) ratio of 9.28 as of Feb. 2

Per share NAV at the end of the three months ended Sept. 30, 2017 was $14.92 compared to $14.84 for the prior-year period.

Director Brian F. Wruble bought 5,000 shares on Jan. 31 at a price of $15.26. The price of the stock has decreased by 1.44% since.

Director Kathleen A. Corbet bought 2,500 shares on Jan. 30 at a price of $15.22. The price of the stock has decreased by 1.18% since.

Boston Private Financial Holdings CEO Bought 5,000 Shares

Boston Private Financial Holdings Inc. (BPFH) CEO Boston Private Wealth LLC Corey Griffin bought 5,000 shares on Jan. 30 at a price of $15.19. The price of the stock has decreased by 0.59% since.

Boston Private Financial Holdings is a wealth management company. It offers various wealth management services to high net worth individuals, families, businesses and select institutions. The company has a market cap of $1.27 billion. Its shares traded at $15.10 with a price-earnings (P/E) ratio of 35.95 as of Feb. 2.

Net income attributable to the Company for the three months ended Sept. 30 was $19.80 million compared to $19.64 million for the year-ago quarter.

Director Mark F. Furlong bought 5,700 shares on Jan. 29 at a price of $15.24. The price of the stock has decreased by 0.92% since.

Executive Vice President and Chief Risk Officer W. Timothy Macdonald bought 3,129 shares on Jan. 22 at a price of $15.44 and 12,483 shares on Jan. 25 at a price of $15.32. The price of the stock has decreased by 1.44% since.

Executive Vice President and Chief Human Resources Officer Martha Higgins sold 14,385 shares on Jan. 22 at a price of $15.49. The price of the stock has decreased by 2.52% since.

Director Donna Wells sold 2,334 shares on Jan. 22 at a price of $15.48. The price of the stock has decreased by 2.45% since.

For the complete list of stocks that bought by their company CEOs, go to: CEO Buys.

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

This article first appeared on GuruFocus.


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