Insider buying more than doubled last week with insiders buying $122.24 million of stock compared to $50.95 million in the week prior. Selling also increased with insiders selling $1.36 billion of stock last week compared to $417.9 million 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 went up to 11.14. In other words, insiders sold more than 11 times as much stock as they purchased. The Sell/Buy ratio this week compares unfavorably with the prior week, when the ratio stood at 8.2.
We are calculating an adjusted ratio by removing transactions by funds and companies and trying as best as possible only to retain information about insiders and 10% owners who are not funds or companies.
Insider Sell Buy Ratio October 30, 2015
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.
Chief Executive Officer Scott L. Bok acquired 202,510 shares of this investment bank with a focus on mergers and acquisitions, paying $24.89 per share for a total amount of $5.04 million. Mr. Bok increased his stake by 99.33% to 406,377 shares with this purchase.
The company sports a dividend yield of 6.84%. The company not only maintained its dividend through the last financial crisis but actually increased it in early 2008. Despite the recent boom in M&A activity, the top line has not increased much at Greenhill.
Shares of this diversified machinery company were acquired by 4 insiders:
Exec. VP - Industrial Brian Kobylinski acquired 30,000 shares, paying $21.14 per share for a total amount of $634,200. Mr. Kobylinski increased his stake by 30.79% to 127,441 shares with this purchase.
Executive Vice President - CFO Andrew Lampereur acquired 24,900 shares, paying $21.75 per share for a total amount of $541,542. Mr. Lampereur increased his stake by 9.20% to 295,608 shares with this purchase.
Exec VP Engd Solutions Segment Roger Roundhouse acquired 9,200 shares, paying $21.74 per share for a total amount of $200,008. Mr. Roundhouse increased his stake by 61.02% to 24,278 shares with this purchase.
EVP-Human Resources Eugene Edward Skogg acquired 8,076 shares, paying $21.50 per share for a total amount of $173,634. Mr. Skogg increased his stake by 30.31% to 34,720 shares with this purchase.
Director John P. Costas acquired 66,065 shares of this regional bank, paying $12.21 per share for a total amount of $806,442. Mr. Costas increased his stake by 19.38% to 407,019 shares with this purchase.
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