Monday 8/3 Insider Buying Report: NAVI, HMST (Nasdaq.com)
At Navient, a filing with the SEC revealed that on Friday, Chief Executive Officer John F. Remondi purchased 50,000 shares of NAVI, for a cost of $7.82 each, for a total investment of $390,930. So far Remondi is in the green, up about 5.6% on their purchase based on today’s trading high of $8.26. Navient is trading up about 1.8% on the day Monday. And also on Friday, Director Mark Robert Patterson bought $333,190 worth of HomeStreet, buying 13,000 shares at a cost of $25.63 each. Before this latest buy, Patterson bought HMST at 3 other times during the past twelve months, for a total investment of $689,015 at an average of $22.97 per share. HomeStreet is trading up about 1.6% on the day Monday. So far Patterson is in the green, up about 5.2% on their purchase based on today’s trading high of $26.95.
Notable Insider Buys: AT&T, Kinder Morgan And More (Benzinga)
Insiders continued to add shares despite overall market volatility and economic uncertainty. Here are some of the most noteworthy insider purchases reported in the past week. Kinder Morgan: The Kinder Morgan Inc (KMI) executive chair of the board, Richard Kinder, has resumed his buying. He picked up 300,000 more shares of this Houston-based energy infrastructure giant early last week at $14.10 to $14.15 each. That totaled more than $4.24 million. Kinder was a frequent buyer of shares last year. Blackstone: A 10% owner of Blackstone Group Inc (BX) has indirectly acquired 200,000 shares of this asset management firm for $17.00 apiece. That totaled $3.40 million and came in the wake of an in-line earnings report that prompted target price hikes at some analysts.
Waters Corp (WAT) CEO and President Christopher J Oconnell Sold $6.4 million of Shares (Guru Focus)
CEO and President of Waters Corp., Christopher J Oconnell, sold 30,000 shares of WAT on 07/31/2020 at an average price of $213.3 a share. The total sale was $6.4 million. Waters Corp is an analytical instrument manufacturer. It designs, manufactures, sells and services liquid chromatography, ultra performance liquid chromatography & mass spectrometry instrument systems & support products.
The Shareholder of Therma Bright (Other OTC: THRBF) is Selling Shares (Analyst Ratings)
Yesterday, the Shareholder of Therma Bright (THRBF), David J Woods, sold shares of THRBF for $3.19M. In addition to David J Woods, 3 other THRBF executives reported Sell trades in the last month.
Repay Holdings Corp (RPAY) CFO Timothy John Murphy Sold $9.8 million of Shares (Guru Focus)
CFO of Repay Holdings Corp., Timothy John Murphy, sold 450,120 shares of RPAY on 07/31/2020 at an average price of $21.88 a share. The total sale was $9.8 million. Repay Holdings Corp has a market cap of $1.16 billion; its shares were traded at around $22.13 with and P/S ratio of 8.26. GuruFocus has detected 2 severe warning signs with Repay Holdings Corp.
