Weekly Top Insider Buys Highlight for the Week of Oct. 12
- By Shuda Xia
The largest Insider Buys this week were for Salesforce.com Inc. (CRM), DISH Network Corp. (DISH), Thor Industries Inc. (THO) and Cal-Maine Foods Inc. (CALM).
Salesforce.com Inc. (CRM): Director Susan Wojcicki bought 6,000 shares
Director Susan Wojcicki bought 6,000 shares of CRM stock on Oct. 10 at the average price of $146.70. The price of the stock has increased by 0.03% since.
Warning! GuruFocus has detected 4 Warning Signs with CRM. Click here to check it out.
The intrinsic value of CRM
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 $109.9 billion, and as of Oct. 12 it traded at $146.74.
On Sep. 20 Salesforce.com Inc. announced that State Farm has selected several Salesforce products to deliver customer experiences across every State Farm touch point. State Farm will be using Sales Cloud, Service Cloud, and Financial Services Cloud to give agents the insights they need in order to provide service to customers effectively.
DISH Network Corp. (DISH): Executive Vice President James Defranco bought 10,000 shares
Executive Vice President James Defranco bought 10,000 shares of DISH stock on Oct. 8 at the average price of $34.54. The price of the stock has decreased by 4.69% 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 $15.96 billion, and as of Oct. 12 it traded at $34.54.
On Oct. 4 DISH Network Corp. announced that it has partnered with Sling TV to launch Ingles Para Todos, a new HD channel dedicated to teaching English as a second language. DISH Network is the first pay-tv provider to launch a channel created to help viewers learn and improve their proficiency in English.
Thor Industries Inc. (THO): Director James L. Ziemer bought 5,000 shares
Director James L. Ziemer bought 5,000 shares of THO stock on Oct. 9 at the average price of $81.74. The price of the stock has decreased by 1.66% since.
Thor Industries Inc. is an American vehicle manufacturing and marketing company that focuses on the manufacture and sale of recreational vehicles. The company sells its products through brands including Aistream, Heartland RV, Jayco, Livin Lite RV, and others. The company has manufacturing facilities in Michigan, Ohio, Indiana, Idaho, and Oregon. The company has a market capitalization of $4.24 billion, and as of Oct. 12 it traded at $80.38.
On Oct. 12 Thor Industries Inc. announced the appointment of Amelia A. Huntington to the company's Board of Directors, effective Oct. 11. Ms. Huntington concluded a 30-year career in the global energy management and lighting industries, most recently serving as the CEO of Philips Lighting America.
Cal-Maine Foods Inc. (CALM): Vice President and CFO Max P. Bowman bought 2,000 shares
Vice President and CFO Max P. Bowman bought 2,000 shares of CALM stock on Oct. 11 at the average price of $45.51. The price of the stock has increased by 0.02% since.
Cal-Maine Foods Inc. is an American food production company that focuses on the production of fresh eggs. The company's products are primarily sold in the mid-Atlantic, midwestern, southeastern, and southwestern regions of the United States. The company accounts for approximately a quarter of US egg consumption. The company has a market capitalization of $2.21 billion, and as of Oct. 12 it traded at $45.52.
On Oct. 10 Cal-Maine Foods Inc. announced that it has reached a definitive agreement to acquire all the assets of Featherland Egg Farms Inc. This includes Featherland's commercial egg production, processing, distribution, and sale business assets. The company expects to close the transaction within the next few weeks.
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.
Warning! GuruFocus has detected 4 Warning Signs with CRM. Click here to check it out.
The intrinsic value of CRM
