Groupe Danone – (-1, 16-Jun-20) – Emmanuel Faber (Chairman and CEO, 2002) sold 36,000 shares on June 12th at €61.33, reducing his holdings to 41,071 shares. This is a reversal from a timely purchase he made in December 2018 at €60 and it is concerning to see him now turn into a seller at the […]
Since March 30th, Paul Salem (Chairman, joined 2018) has purchased $8 million worth of stock at $11 per share, and Keith Meister (Director, 2019) has purchased $18.6 million worth of stock at $11.50, on behalf of Corvex Management. These are confident purchases. Corey Sanders (CFO, joined 2010) purchased 24,991 shares at $12, spending $300,000 in […]
Assured Guaranty (AGO US, +1) – We ranked this stock +N on March 5th based on Andrew Feldstein’s (Chief Investment Officer, 2019) purchases of $1.5 million at $41. The stock has moved lower, but he has continued to buy shares, adding another $7 million worth of stock at an average price of $26.90. In addition, […]
Oneok Inc – (OKE, +1) – Brian Derksen (Director since 2015) purchased $200,000 worth of stock on March 25th at $22.70, twice what he has spent on any of his prior purchases. This is Derksen’s fourth purchase, and his prior three were timely. We ranked this stock +N on March 20th based on a cluster […]
Parsons Corp (PSN, +1) – George Ball (CFO, 2008) purchased 30,000 shares at $29.40, spending $882,000. This is Ball’s second purchase and follows a 25,000 shares purchase in May 2019 at $29 with was timely. Charles Harrington (CEO, 2008) purchased 16,000 shares at $28.86, spending $462,000 in his first purchase in the stock despite being […]
Newell Brands Inc – (NWL, +1) – Brett Icahn (Director, 2018) purchased $3.2 million worth of stock on March 9th at $13.22, adding to the $6.6 million he purchased from March 4-5th. These purchases are direct and take his holdings to 1 million shares. Carl Icahn (10% holder) purchased 2.6 million shares on March 11th […]
Discover Financial Services (DFS, +1) – Carlos Minetti (EVP- President of Consumer Banking; joined 2001) purchased 3,000 shares on January 27th at $73.74, spending $221,000 and increasing his holdings to 154,171 shares. This is Minetti’s first open market purchase in the stock despite being with the company for 19 years. He has been a regular […]
Conagra Brands – (CAG, +1) – Craig Omtvedt (Director since 2016) purchased 40,000 shares on January 2nd at $33.99, spending $1.4 million and more than doubling his holdings to 75,000 shares. We have Omtvedt ranked as a “Smart Buyer” based on his activity in OSK, BGC, and CAG. His last and only other purchase in […]
US Concrete – (USCR, +1) – William Sandbrook (CEO since 2011) purchased $415,000 worth of stock on December 13th at $39.44, a reversal from sales he made in 2018 at higher prices. His last purchase was in 2014. Kurt Cellar (Director since 2010) purchased $1 million worth of stock in late November at $40, increasing […]
Discovery Inc (DISCA, +1) – David Wargo (Director since 2005) purchased $4.6 million worth of stock on November 15th at $28.28, increasing his holdings by 50% to 488,000 shares. This is Wargo’s fourth purchase in the past two years and his largest. In 2017 he purchased shares at an average cost of $17 per share, […]