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Insider Weekends – Chairman of Barnes & Noble Acquires $6.8 Million Worth of Stock

  • December 10, 2017

Welcome to edition 390 of Insider Weekends. Insider buying more than doubled last week with insiders purchasing $117.17 million of stock compared to $49.16 million in the week prior. Selling also increased with insiders selling $1.84 billion of stock last week compared to $1.7 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 declined to 15.72. In other words, insiders sold almost 16 times as much stock as they purchased. The Sell/Buy ratio this week compares favourably with the prior week, when the ratio stood at 34.73.

Note: As mentioned in the first post in this series, certain industries have their preferred metrics such as same store sales for retailers, funds from operations (FFO) for REITs and revenue per available room (RevPAR) for hotels that provide a better basis for comparison than simple valuation metrics. However metrics like Price/Earnings, Price/Sales and Enterprise Value/EBITDA included below should provide a good starting point for analyzing the majority of stocks.

Notable Insider Buys:

1. American Homes 4 Rent (AMH): $21.77

Director Wayne B. Hughes acquired 802,745 shares of this real estate investment trust, paying $21.30 per share for a total amount of $17.1 million. These shares were purchased indirectly through a trust.

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