Global Economic Intersection
Advertisement
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
Global Economic Intersection
No Result
View All Result

Insider Trading 05 September 2014: GrubHub, Concho Resources Selling

admin by admin
September 9, 2014
in Uncategorized
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

by Asif Suria

Insider buying increased last week with insiders buying $22.81 million of stock compared to $18.96 million in the week prior. Selling decreased with insiders selling $725.84 million of stock last week compared to $932.22 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 dropped to 31.82. In other words, insiders sold almost 32 times as much stock as they purchased. The Sell/Buy ratio this week compares favorably with the prior week, when the ratio stood at 49.17.

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 September 5, 2014

Insider Sell Buy Ratio September 5, 2014

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. Cousins Properties Incorporated (CUZ): $13.19

Chairman Emeritus Thomas G. Cousins sold 260,000 shares of this diversified REIT for $12.75, generating $3.32 million from the sale.

Cousins Properties first showed up on my radar back in mid-2011 following a group of insider purchases by the CEO. It is interesting to see Mr. Cousins buy stock at prices that are more than 20% higher than most of his sales from March through July last year as you can see here.

This REIT that invests in apartment buildings, office buildings and shopping centers in several southern states sports a yield of 2.4%, which is well below the 4.06% yield of all diversified REITs as of September 4, 2014.

You can view the list of recent insider transactions for Cousins Properties Incorporated here.

P/E: 35.84Forward P/E: 16.09Industry P/E: 18.86
P/S: 8.69Price/Book: 1.79EV/EBITDA: 26.79
Market Cap: $2.62BAvg. Daily Volume: 1,989,57052 Week Range: $9.8 – $13.2

 

2. Southern Copper Corp. (SCCO): $32.92

Chairman of the Board German Larrea Mota-Velasco acquired 50,000 shares of this copper mining company, paying $32.56 per share for a total amount of $1.63 million. Mr. Velasco increased his stake by 6.10% to 869,367 shares with this purchase.

This is the third week in a row we have reported insider purchases by Mr. Mota-Velasco.

You can view the list of recent insider transactions for Southern Copper Corp. here.

P/E: 19.11Forward P/E: 15.6Industry P/E: 15.45
P/S: 4.74Price/Book: 4.59EV/EBITDA: 10.74
Market Cap: $27.40BAvg. Daily Volume: 1,712,72052 Week Range: $24.5 – $33.9

 

3. Conns Inc. (CONN): $29.01

Director Scott L. Thompson acquired 26,100 shares of this specialty retailer of home appliances, paying $30.09 per share for a total amount of $785,329. Mr. Thompson increased his stake by 203.26% to 38,941 shares with this purchase.

This purchase follows a sharp decline in Conns’ stock, which lost nearly 36% of its value last week after posting disappointing results on account of an increase in provisions for bad debt.

You can view the list of recent insider transactions for Conns Inc. here.

P/E: 10.75Forward P/E: 8.76Industry P/E: N/A
P/S: 0.78Price/Book: 1.67EV/EBITDA: 9.28
Market Cap: $1.05BAvg. Daily Volume: 1,086,44052 Week Range: $27.3 – $80.34

 

4. Bob Evans Farms, Inc. (BOBE): $43.81

Shares of this restaurant chain were acquired by 3 insiders:

  • CEO/COB Steven A. Davis acquired 15,000 shares, paying $43.12 per share for a total amount of $646,810. Mr. Davis increased his stake by 3.21% to 482,359 shares with this purchase.
  • Director Charles M. Elson acquired 2,300 shares, paying $43.50 per share for a total amount of $100,050. Mr. Elson increased his stake by 99.01% to 4,623 shares with this purchase.
  • EVP Supply Chain Management Richard D. Hall acquired 356 shares, paying $43.73 per share for a total amount of $15,567. Mr. Hall increased his stake by 1.17% to 30,751 shares with this purchase.

You can view the list of recent insider transactions for Bob Evans Farms, Inc. here.

P/E: 25.83Forward P/E: 17.67Industry P/E: 29.5
P/S: 0.77Price/Book: 2.73EV/EBITDA: 12.63
Market Cap: $1.03BAvg. Daily Volume: 537,03852 Week Range: $42.28 – $60.22

 

5. Opko Health, Inc. (OPK): $8.51

CEO & Chairman Phillip Frost M.D. acquired 65,000 shares of this medical devices and drug development company, paying $8.73 per share for a total amount of $567,223. These shares were purchased indirectly by Frost Gamma Investments Trust.

You can view the list of recent insider transactions for Opko Health, Inc. here.

P/E: N/AForward P/E: N/AIndustry P/E: 25.49
P/S: 42.25Price/Book: 3.98EV/EBITDA: -42.2
Market Cap: $3.65BAvg. Daily Volume: 2,531,26052 Week Range: $7.32 – $12.95

 

You can view the full list of purchases from this Insider Buying page.

Notable Insider Sales:

1. GrubHub Inc. (GRUB): $39.75

Shares of this online restaurant delivery service were sold by 4 insiders:

  • Director Benjamin C. Spero sold 2,138,257 shares for $40.25, generating $86.06 million from the sale. These shares were sold indirectly by the Spectrum Funds.
  • President Jonathan Zabusky sold 298,801 shares for $40.25, generating $12.03 million from the sale. These shares were sold as a result of exercising options immediately prior to the sale.
  • Director Brian P. McAndrews sold 46,954 shares for $40.25, generating $1.89 million from the sale. These shares were sold indirectly through a trust.
  • Senior Vice President, General Counsel and Secretary Margo Drucker sold 25,612 shares for $40.25, generating $1.03 million from the sale. These shares were sold as a result of exercising options immediately prior to the sale.

You can view the list of recent insider transactions for GrubHub Inc. here.

P/E: 254.81Forward P/E: 94.64Industry P/E: 42.32
P/S: 15.39Price/Book: 4.59EV/EBITDA: 65.99
Market Cap: $3.13BAvg. Daily Volume: 555,43952 Week Range: $29.86 – $45.8

 

2. Concho Resources, Inc. (CXO): $135.72

Shares of this oil & gas exploration company were sold by 3 insiders:

  • Senior VP of Exploration Matthew Glover Hyde sold 37,302 shares for $140.57, generating $5.24 million from the sale. 30,555 of these shares were sold as a result of exercising options immediately prior to the sale.
  • Exec VP & Chief Operating Officer Joseph E. Wright sold 36,863 shares for $134.86, generating $4.97 million from the sale. 4,363 of these shares were sold as a result of exercising options immediately prior to the sale.
  • Senior VP & CFO Darin G. Holderness sold 15,000 shares for $140.00, generating $2.1 million from the sale.

You can view the list of recent insider transactions for Concho Resources, Inc. here.

P/E: 45.74Forward P/E: 24.59Industry P/E: 16.18
P/S: 5.68Price/Book: 3.13EV/EBITDA: 11.74
Market Cap: $15.14BAvg. Daily Volume: 990,54752 Week Range: $94.51 – $148.61

 

3. Workday, Inc. (WDAY): $90.07

Shares of this application software company were sold by 3 insiders:

  • Chief Executive Officer Aneel Bhusri sold 115,938 shares for $89.14, generating $10.34 million from the sale.
  • VP, General Counsel & Secretary James P. Shaughnessy sold 8,000 shares for $89.35, generating $714,798 from the sale. These shares were sold as a result of exercising options immediately prior to the sale.
  • Director Christa Davies sold 1,970 shares for $88.28, generating $173,918 from the sale.

You can view the list of recent insider transactions for Workday, Inc. here.

P/E: N/AForward P/E: N/AIndustry P/E: 38.1
P/S: 26.63Price/Book: 14.4EV/EBITDA: -99.36
Market Cap: $16.75BAvg. Daily Volume: 1,472,34052 Week Range: $64.21 – $116.47

 

4. DineEquity, Inc. (DIN): $83.6

Director Howard M. Berk sold 125,000 shares of this restaurant chain for $83.58, generating $10.45 million from the sale. These shares were sold indirectly by MSD Capital, L.P.

You can view the list of recent insider transactions for DineEquity, Inc. here.

P/E: 21.76Forward P/E: 15.28Industry P/E: 29.5
P/S: 2.57Price/Book: 5.12EV/EBITDA: 10.79
Market Cap: $1.66BAvg. Daily Volume: 114,69152 Week Range: $64.77 – $85.74

 

5. The TJX Companies, Inc. (TJX): $61.15

Shares of this discount retailer were sold by 2 insiders:

  • Director Bernard Cammarata sold 130,000 shares for $60.00, generating $7.8 million from the sale. 80,000 of these shares were sold indirectly through a trust.
  • President Ernie Herrman sold 25,000 shares for $59.80, generating $1.49 million from the sale. These shares were sold as a result of exercising options immediately prior to the sale.

You can view the list of recent insider transactions for The TJX Companies, Inc. here.

P/E: 20.64Forward P/E: 17.18Industry P/E: 17.72
P/S: 1.5Price/Book: 9.87EV/EBITDA: 10.37
Market Cap: $42.37BAvg. Daily Volume: 4,269,35052 Week Range: $51.91 – $64.38

 

You can view the full list of sales from this Insider Sales page.

Connect with me on LinkedIn: http://www.linkedin.com/in/asifsuria

Previous Post

September 8 Weather and Climate Report – What if it is a Modoki?

Next Post

Mixed Emotions for the Gold Market

Related Posts

Bitcoin Has Been ‘Killed’ 474 Times But Its Still Alive And Kicking
Economics

Bitcoin Has Been ‘Killed’ 474 Times But Its Still Alive And Kicking

by John Wanguba
June 5, 2023
Japanese Regulators Issue Stern Warning To OpenAI For Data Collection
Business

Japanese Regulators Issue Stern Warning To OpenAI For Data Collection

by John Wanguba
June 5, 2023
What Are BRC-30 Tokens?
Econ Intersect News

What Are BRC-30 Tokens?

by John Wanguba
June 2, 2023
XRP Explosive Boom Results In Record-Breaking Address Activity
Economics

XRP’s Explosive Boom Results In Record-Breaking Address Activity

by John Wanguba
June 1, 2023
What To Consider When Evaluating Low-Code And No-Code Platforms
Business

What To Consider When Evaluating Low-Code And No-Code Platforms

by John Wanguba
June 1, 2023
Next Post

Mixed Emotions for the Gold Market

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin adoption Bitcoin market blockchain BTC business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • August 2010
  • August 2009

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized
Global Economic Intersection

After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Recent Posts

  • Bitcoin Has Been ‘Killed’ 474 Times But Its Still Alive And Kicking
  • Japanese Regulators Issue Stern Warning To OpenAI For Data Collection
  • What Are BRC-30 Tokens?

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

No Result
View All Result
  • Home
  • Contact Us
  • Bitcoin Robot
    • Bitcoin Profit
    • Bitcoin Code
    • Quantum AI
    • eKrona Cryptocurrency
    • Bitcoin Up
    • Bitcoin Prime
    • Yuan Pay Group
    • Immediate Profit
    • BitIQ
    • Bitcoin Loophole
    • Crypto Boom
    • Bitcoin Era
    • Bitcoin Treasure
    • Bitcoin Lucro
    • Bitcoin System
    • Oil Profit
    • The News Spy
    • British Bitcoin Profit
    • Bitcoin Trader
  • Bitcoin Reddit

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

en English
ar Arabicbg Bulgarianda Danishnl Dutchen Englishfi Finnishfr Frenchde Germanel Greekit Italianja Japaneselv Latvianno Norwegianpl Polishpt Portuguesero Romanianes Spanishsv Swedish