×

Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

Insider Weekends – Director of GE Acquires Nearly $2.5 Million Of Stock

  • July 29, 2018

Welcome to edition 423 of Insider Weekends. Insider buying decreased significantly last week with insiders purchasing $38.65 million of stock compared to $126.65 million in the week prior. Selling on the other hand, increased with insiders selling $912.22 million of stock last week compared to $765.32 million in the week prior.

As we mentioned last week, a majority of this jump in insider buying in the week prior was related to the CEO of Walgreens Boots Alliance (WBA) purchasing nearly 1.7 million shares for $108.5 million in a private transaction from the Co-COO of the company.

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 went up to 23.6. In other words, insiders sold almost 24 times as much stock as they purchased. The Sell/Buy ratio this week compares unfavorably with the prior week, when the ratio stood at 6.04.

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. AT&T Inc. (T): $31.08

Shares of AT&T were acquired by 5 insiders:

Only plus or premium subscribers can access this post. Subscribe today.