Category: Insider Activity

Alexander Denner – a Director of Biogen BIIB, purchased 62,800 shares of stock last week through his fund Sarissa Capital Management, LP.  This was a $20,572,407 purchase.

 

On 1/28/19, Huntley Garriott – the President of Live Oak Bankshares, Inc. (LOB) – purchased 20,000 shares of stock at $13.82 for a total out of pocket purchase of $276,400.  Other insiders added ~$127,000 of purchases in the same 24 hour period.

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Yesterday, Richard Kinder – Executive Chairman of Kinder Morgan KMI – purchased 65,260 shares of his company’s stock at $17.95/share for a total out of pocket cost of $1,171,410.  This is on top of $8,776,500 he purchased Continue reading “Insider Buying”

Director Michael Schmertzler purchased $1,999,995 (66,225 shares) of PTC Therapeutics, inc. PTCT stock through his fund Sections Six Partners, LP on 1/25/2019.  The stock was down ~40% off of its Oct 1 peak at purchase.

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Yesterday 1/28/19, Francis Blake – a Director of DAL (Delta Airlines) – purchased 5,185 shares of stock at $48.17 for a total out of pocket purchase of $249,743.

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Last week, 3 Directors of small biotech BLPH – Bellerophon Theraputics, Inc bought a combined $1,215,000 worth of stock with their own money.  This is the first such purchase that any of these 3 directors bought stock in the open market.

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This week, James DeFranco (Executive VP) at DISH (Dish Network) purchased 25,000 shares in the open market at $28.01 with his own money.  It is a $700,350 vote of confidence he is making in the company.

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The CEO of Valvoline VVV, Samuel Mitchell purchased $519,500 of VVV stock with is own money this week.  He purchased 25,000 shares at $20.78 per share.

The CEO and CFO of Medtronic ($MDT) used the recent weakness on January 9  Continue reading “Insider Buying”

Insiders seemed unfazed by the additional ~47.7% drop in $LJPC La Jolla Pharmaceutical Company on Jan 7 – as they have been in the market scooping up shares since the company announced preliminary operating Continue reading “Insider Buying”