Insider Weekends – Insiders of Two Beauty Products Companies Acquire Shares

Welcome to edition 366 of Insider Weekends. Insider buying declined last week with insiders buying $32.53 million of stock compared to $60.74 million in the week prior. Selling also declined sharply with insiders selling $716.41 million of stock last week compared to $1.61 billion in the week prior.

Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by total insider purchases that week. The adjusted ratio for last week dropped to 22.02. In other words, insiders sold more than 22 times as much stock as they purchased. The Sell/Buy ratio this week compares favorably with the prior week, when the ratio stood at 26.53.

Notable Insider Buys:

1. Revlon, Inc. (REV): $23.05

Director Ronald O. Perelman acquired 405,891 shares of this beauty care products company, paying $23.00 per share for a total amount of $9.34 million. These shares were purchased indirectly through MacAndrews & Forbes Incorporated and related entities.

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