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Weekly Top Insider Buys Highlight for the Week of Aug. 17

- By Shuda Xia

The largest Insider Buys this week were for Salesforce.com Inc. (CRM), Twenty-First Century Fox Inc. (FOX), Occidental Petroleum Corp. (OXY), and Keurig Dr. Pepper Inc. (KDP).

Salesforce.com Inc. (CRM): Director Susan Wojcicki bought 6,000 shares

Director Susan Wojcicki bought 6,000 shares of CRM stock on Aug. 14 at the average price of $146.38. The price of the stock has decreased by 0.93% since.


Salesforce.com Inc. is an American cloud computing company. Although most of its revenue comes from a customer relationship management product, the company also capitalizes on commercial applications of social networking through acquisition. The company has a market capitalization of $107.74 billion, and as of Aug. 17 it traded at $145.02.

On July 11 Salesforce.com Inc. announced the next generation of Service Cloud Einstein, which will provide the company with guided processes and powerful artificial intelligence to improve the customer service experience. Clients can now use Einstein Bots for service to automate routine service requests and enable smooth agent handoffs.

Twenty-First Century Fox Inc. (FOX): Executive Chairman Lachlan K. Murdoch bought 137,801 shares

Executive Chairman Lachlan K. Murdoch bought 137,801 shares of FOX stock on Aug. 16 at the average price of $45.48. The price of the stock has decreased by 1.43% since.

Twenty-First Century Fox Inc. is an American international mass media company that was one of the two companies formed from the spin-off of the publishing assets of News Corporation in 2013. The company primarily deals in the film and television industries. The company has a market capitalization of $83.63 billion, and as of Aug. 17 it traded at $44.83.

On Aug. 8 Twenty-First Century Fox Inc. reported results for the three months and full year ended June 30, 2018. Annual income was $4.48 billion, or $2.41 per share, compared to $3.00 billion, or $1.61 per share, for the prior year. Total annual revenue increased 7% to $30.40 billion for 2018, compared to $28.50 billion for the prior year.

Occidental Petroleum Corp. (OXY): Director William R. Klesse bought 5,000 shares

Director William R. Klesse bought 5,000 shares of OXY stock on Aug. 13 at the average price of $78.55. The price of the stock has decreased by 0% since.

Occidental Petroleum Corp. is an American international oil and gas exploration and production company. The company has operations in the United States, the Middle East, and Latin America. The company is ranked 722nd on the Forbes Global 2000 and in 2017 it was the third largest petroleum producer and 21st largest natural gas producer in Texas. The company has a market capitalization of $60.07 billion, and as of Aug. 17 it traded at $78.55.

On Aug. 8 Occidental Petroleum Corp. announced second quarter 2018 results. Net income for the quarter was $848 million, or $1.10 per diluted share. The company also increased its quarterly dividend for the 16th consecutive year. Total average daily production volumes were 639,000 barrels of oil equivalent for the quarter, compared to 609,000 BOE during the first quarter of 2018.

Keurig Dr. Pepper Inc. (KDP): Director Robert S. Singer bought 10,000 shares

Director Robert S. Singer bought 10,000 shares of KDP stock on Aug. 10 at the average price of $23.75. The price of the stock has decreased by 0.51% since.

Keurig Dr. Pepper Inc. is an American beverage conglomerate. Its East-coast division sells coffee, beverages, and Keurig brewers. As of July 2018, the company also sells sodas, juices, and other soft drinks from its Dr. Pepper Snapple division in Texas. The company has a market capitalization of $41.69 billion, and as of Aug. 17 it traded at $120.16.

On July 9 Keurig Dr. Pepper Inc. announced the successful completion of the merger between Keurig Green Mountain and Dr. Pepper Snapple Group. The transaction created the seventh largest company in the United States food and beverage sector and third largest beverage company in North America. The company's annual revenues are approximately $11 billion.

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.