Weekly CEO Buys Highlights
- By Joy Hu
According to GuruFocus' Insider Data, these are the largest CEO buys during the past week. The overall trend of purchases is illustrated in the chart below:
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The intrinsic value of AAT
American Assets Trust CEO bought 80,177 shares
American Assets Trust Inc. (AAT) Chairman, CEO, President and 10% owner Ernest S. Rady bought 80,177 shares during the past week.
Rady bought 13,060 shares for $42.98 per share on March 3; 26,060 shares for $42.6 per share on March 7; and 16,623 shares for $41.77 per share on March 8. Rady also purchased 24,434 shares for $41.21 per share on March 10.
American Assets is a full service, vertically integrated and self-administered real estate investment trust. It owns, operates, acquires and develops retail, office, multifamily and mixed-use properties. The company has a market cap of $2.65 billion. As of March 10 its shares traded at $41.18 with a price-earnings (P/E) ratio of 57.27.
Net income available to common stockholders was $8.9 million for the three months ended Dec. 31, 2016.
The Brink's CEO bought 30,000 shares
The Brink's Co. (BCO) President and CEO Douglas A. Pertz bought 30,000 shares for $51.95 per share on March 6. The stock price has increased by 1.73% since.
Brink's, along with its subsidiaries, provides secure transportation, cash management services and other security-related services to banks and financial institutions, retailers, government agencies, mints, jewelers and other commercial operations. The company has a market cap of $2.64 billion. As of March 10 its shares traded at $52.85 with a P/E ratio of 77.04.
Revenues for the fourth quarter of 2016 were $804 million compared to $766 million for the prior-year period.
Director Peter A. Feld sold 650,000 shares for $51.8 per share on Feb. 23; 50,000 shares for $52.53 per share on March 6; and 150,000 shares for $52.25 per share on March 7. The stock price of the has increased by 1.15% since.
Executive Vice President and Chief Financial Officer Ronald James Domanico bought 5,000 shares for $52.19 per share on March 7. The stock price has increased by 1.26% since.
Controller Thomas Colan sold 966 shares for $52.4 per share on March 7. The stock price has increased by 0.86% since.
Executive Vice President Amit Zukerman sold 10,000 shares for $52.55 per share on March 3. The stock price has increased by 0.57% since.
SunOpta CEO bought 145,000 shares
SunOpta Inc. (STKL) President and CEO David Colo bought 145,000 shares during the past week.
Colo bought 74,000 shares for $6.85 per share on March 6. Colo also purchased 71,000 shares for $7.29 per share on March 7.
SunOpta is engaged in sourcing, processing and packaging of natural, organic and specialty food products. It also produces, distributes and recycles industrial minerals, silica-free abrasives and specialty sands. The company has a market cap of $720.36 million. As of March 10 its shares traded at $7.3 with a P/E ratio of -13.06.
Revenues of $297.5 million for the fourth quarter of 2016 versus $316.4 million in the fourth quarter of 2015, a decrease of 6.0% versus the prior-year period.
Huntington Investment Oaktree, a 10% owner, bought 490,079 shares for $6.9 per share on March 6. The stock price has increased by 5.8% since.
Oaktree Fund GP LLC, a 10% owner, bought 2,509,921 shares for $6.9 per share on March 6. The stock price has increased by 5.8% since.
Huntington Investment Oaktree, a 10% owner, bought 490,079 shares for $6.9 per share on March 6. The stock price has increased by 5.8% since.
Advance Auto Parts CEO bought 6,500 shares
Advance Auto Parts Inc. (AAP) President and CEO Thomas Greco bought 6,500 shares for $154.29 per share on March 7. The stock price has decreased by 0.21% since.
Advance Auto is a specialty retailer of automotive aftermarket parts, accessories, batteries and maintenance items mainly operating within the U.S. The company has a market cap of $11.36 billion. As of March 10 its shares traded at $153.97 with a P/E ratio of 24.83.
Total sales for the fourth quarter increased 2.4% to $2.08 billion compared with total sales during the fourth quarter of fiscal 2015 of $2.03 billion.
Cott CEO bought 46,100 shares
Cott Corp. (COT) CEO - DS Services Thomas Harrington bought 46,100 shares for $10.99 per share on March 6. The stock price has increased by 11.74% since.
Cott manufactures and sells beverages. It offers products such as carbonated soft drinks, shelf stable juice and juice-based products, clear, flavored waters, energy drinks and shots, sports products, ready-to-drink teas and alcoholic beverages. The company has a market cap of $1.74 billion. As of March 10 its shares traded at $12.28 with a P/E ratio of -20.13.
CEO Jeremy S. G. Fowden bought 9,470 shares for $10.56 per share on March 1. The stock price has increased by 16.29% since.
Director Gregory R. Monahan bought 12,000 shares for $10.68 per share on March 3. The stock price has increased by 14.98% since.
Director Eric Rosenfeld bought 125,000 shares for $10.6 per share on March 1. The stock price has increased by 15.85% 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.
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This article first appeared on GuruFocus.
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The intrinsic value of AAT