Notable Insider Buys Last Week: Moderna, Tesla And More (Benzinga)
Tesla: Tesla Inc (TSLA) 7.39% CEO Elon Musk took advantage of the recent secondary offering. Via trust, he picked up more than 13,000 shares of this electric vehicle maker at $767.00 apiece. That cost him just shy $10 million. Another director bought 1,250 shares as well. Enterprise Products Partners: An Enterprise Products Partners L.P. (EPD) 3.64% director returned to purchase 200,000 more shares of this midstream energy services provider via trust last week. At $25.71 to $26.33 per share, that totaled more than $5.19 million. That director has bought 850,000 shares so far this month. Moderna: A director at Moderna Inc (MRNA) 2.74% purchased more than 52,600 shares last week via trust. At $19.00 per share, that cost the director nearly $1.00 million. Note that the CEO and the president of the clinical-stage biotechnology company both were selling shares last week.
Monday 2/24 Insider Buying Report: AHC, MDP (Nasdaq.com)
On Wednesday, AH Belo’s CEO, Robert W. Decherd, made a $637,220 purchase of AHC, buying 127,844 shares at a cost of $4.98 each. Bargain hunters have the opportunity to grab AHC at a price even lower than Decherd did, with the stock changing hands as low as $2.69 at last check today — that’s 46.0% under Decherd’s purchase price. AH Belo is trading off about 0.4% on the day Monday. Before this latest buy, Decherd bought AHC at 2 other times during the past year, for a total cost of $4.01M at an average of $4.64 per share. And on Friday, Director Donald C. Berg purchased $309,494 worth of Meredith, purchasing 10,000 shares at a cost of $30.95 a piece. This purchase marks the first one filed by Berg in the past twelve months. Meredith is trading down about 3.5% on the day Monday.
Bunge (BG) CEO Gregory A Heckman Bought $2 million of Shares (Guru Focus)
CEO of Bunge, Gregory A Heckman, bought 37,180 shares of BG on 02/21/2020 at an average price of $53.76 a share. The total cost of this purchase was $2 million. Bunge Ltd is an agribusiness and food company with integrated operations. It acts as an oilseed processor and seller of packaged vegetable oils. The company also grows and processes Brazilian sugarcane to produce sugar and ethanol.
The EVP-RJA of Raymond James Financial (NYSE: RJF) is Selling Shares (Analyst Ratings)
Today, the EVP-RJA of Raymond James Financial (RJF), Bella Loykhter Allaire, sold shares of RJF for $1.09M. Following Bella Loykhter Allaire’s last RJF Sell transaction on August 01, 2017, the stock climbed by 17.1%. In addition to Bella Loykhter Allaire, 2 other RJF executives reported Sell trades in the last month.
