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Insider Weekends: William Furman of Greenbrier Purchases 50,000 Shares

  • February 13, 2021

Welcome to edition 555 of Insider Weekends. Insider buying increased significantly last week with insiders purchasing $97.58 million of stock purchased compared to $30.66 million in the week prior. Selling also increased significantly with insiders selling $3.45 billion of stock last week compared to $1.17 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 35.38. In other words, insiders sold more than 35 times as much stock as they purchased. The Sell/Buy ratio this week compares favorably with the prior week, when the ratio stood at 71.42.

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. The Greenbrier Companies, Inc. (GBX): $45.98

Chairman & CEO William A. Furman acquired 50,000 shares of this Oregon based railroad freight car equipment company, paying $43.57 per share for a total amount of $2.18 million. Mr. Furman increased his stake by 10.81% to 512,518 shares with this purchase.

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