Bullish Carl Icahn’s 5 Largest Insider Transactions in September

Last month, Carl Icahn spent over $100 million on Motorola shares (MOT). Combine that with the $27 million he spent on Hain Celestial (HAIN) over the past few weeks and his $10.5 million purchase of XO Holdings Inc. (XOHO) earlier this month, and one might reason that Icahn is very bullish right now.  And, he was more bullish than any other insider in the months of August and September. He spent more on Motorola than did any insider on any company in all of August. In September, he spent more on Hain Celestial than did any insider on any company. And Icahn’s purchase of XOHO this month is so far the 5th largest purchase of one company by an insider.

Carl Icahn - Icahn Capital Lp

The XOHO transaction was a single private transaction, where Icahn paid $0.60 per share for more than 17 million shares.  These were not the only transactions of Carl Icahn though. Between September 10th and September 20th Icahn bought nearly 1 million shares of Take Two Interactive Software Inc (TTWO). The prices ranged between $9.45 and $9.76. Another director of TTWO, James Larry Nelson, also purchased 5000 shares at a price of $9.54- supporting Icahn’s bullish views about the company.

The next large transaction by Icahn was for Icahn Enterprises L.P. (IEP). He purchased 111 thousand depositary units at a price of $33.75 per share.  The total dollar value of the transaction was $3.75 million.

Icahn rounded out his insider trading buying spree with Mentor Graphics Corp (MENT). He purchased 100,000 shares at $9.9 and 16,400 shares at $9.98. He already owns 16.1 million shares of the company, so the size of this transaction is negligible.

Overall, it’s pretty clear that Carl Icahn has been one of the most bullish fund managers in September with several large transactions in the top 10. You can follow all insider purchases made by Carl Icahn in real-time at Insider Monkey.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!