Insider Transactions

Glenn Rufrano, CEO at VEREIT (VER), recently picked up 40,000 shares, shelling out just over $253,000 to do so. The buy increased his total holding to over 3,279,250 shares. Insider data shows that this is the first buy from company insiders in 2020. In 2019, insiders were sellers of shares at prices anywhere from 15 to 30 percent higher than the current price. A triple-net REIT with a focus on commercial properties such as restaurant parcels and drug stores, shares of the ...
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William Smith, a director at Kinder Morgan (KMI) picked up 7,000 shares last month. That followed on a buy the week before by company Chairman Richard Kinder, who bought 373,233 shares. While insiders have largely been buyers this year, the weak performance of the energy space means that these insider buys are currently at a loss, with a double-digit decline since the buys. That spells an opportunity for investors following the trades today. With the massive insider ownership and ongoing buying at ...
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Christopher Swift, the Chairman and CEO of The Hartford Financial Services Group (HIG), picked up another $251,000 worth of shares recently. The buy added 6,975 shares in total, or a 2.4 percent increase in the CEO’s holdings. Insider data at the company shows a mix of buys and sells. Most interestingly, however, the same CEO was a big seller of shares a year ago, when they traded 40 percent higher. Although shares are down substantially over the past year, revenues are flat ...
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Stephen Neal, a director at Nvidia (NVDA) recently bought 450 shares of Nvidia. The purchase price came to just over $224,000. The director now owns just under 4,000 shares of the company. Neal has been a buyer of shares throughout the year, although this is his largest purchase year-to-date. Insiders have almost exclusively been sellers, as is typical of a large-cap tech company that issues large amounts of shares to employees. With the company’s latest product announcements and increased cryptocurrency mining demand, ...
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Eric Palmer, the Chief Financial Officer at Cigna (CI), recently picked up 1,000 shares. The buy cost just over $168,000, and leaves the CFO with over 26,800 shares, a 3 percent increase. As a large, publicly-traded company, there are a number of both buys and sells over the past year, with sellers far outweighing buyers. This is the second insider buy since June. Generally, a CFO buy is a solid sign. As the company’s main expert on finances, a CFO tends to ...
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Henry Samueli, a director at Broadcom (AVGO), recently picked up 101,740 shares. The buy increased his stake by about 1 percent but came to a whopping $36.7 million thanks to the company’s high share price. This is the second insider buy this month following the 167 share buy from director Raul Fernandez, a purchase that came to over $60,000. Insiders have mostly been sellers this year. Shares of the semiconductor company are up about 30 percent in the past year. The company ...
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Albert Monaco, a director at timberland owner and operator Weyerhaeuser (WY), recently picked up 10,000 shares. The overall stake cost just over $291,000, and more than doubled the director’s stake. This marks the first director buy since March. Over the past year, there have been a number of both buys and sells at the company by C-suite executives as well as company directors. Shares of the company have traded slightly down over the past year. Revenue and earnings are slightly down, but ...
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Olivier Le Peuch, CEO at Schlumberger (SLB), recently added to his stake with a 25,000 share buy. That brings his total holdings by 15 percent to over 191,700 shares. The total purchase came to just over $448,000. The buy comes as the oil and gas service and equipment supplier faces challenging times. With oil demand and prices down over the past year, the share price has slid by nearly half. What’s more, revenues have dropped by over a third. The company recently ...
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