Insider trades: Notables buy and sell by significant shareholders, executives and directors
by Contributor since / Followers
3 months ago
A weekly summary of insider trading highlighting notable buying and selling by investors, directors and executives. The trades have taken place between 29th August and 6th September 2024.
Toll Brothers (NYSE:TOL), U.S. luxury home builder, reported a recent transaction by its Chief Executive Officer, Douglas Yearley. On August 29, 2024, Douglas sold a total of 25,000 shares of Common Stock at a price of $143 per share, totaling $3.58M. CEO now owns 321,382 shares.
The financial services company, Ameriprise Financial (NYSE:AMP), known for its wealth management and asset management services, has revealed that its Executive Vice President and Global Chief Investment Officer, William Davies sold 8,700 common shares on Aug. 30 at $442.07 for total transaction value of $3.85M. Global Chief Investment Officer now holds 13,199 shares.
A recent filing with the Securities and Exchange Commission has revealed that Scott Hensel, the Executive Vice President of Global Services & Delivery at Gartner (NYSE:IT), has sold a significant portion of his stock in the company. On August 29, 2024, Scott sold 5,580 shares at a price of $490 per share, totaling over $2.73 million. The transaction has adjusted Scott’s holdings in Gartner to 19,724 shares following the sale.
In a recent transaction, Scott Ramsey, the Principal Accounting Officer, at Tenet Healthcare (NYSE:THC), sold 11,599 shares of the company’s common stock at $162.06 per share, resulting in a total sale value of approximately $1.88 Million. The sale took place on Sept. 5, 2024, and was made public in a filing with the Securities and Exchange Commission. Following the transaction, Scott’s direct ownership in Tenet Healthcare (THC) stands at 6,324 shares.
In a series of transactions, Loews (NYSE:L) Co-Chairman of the Board and Office of the President, Jonathan M. Tisch offloaded 262,500 common shares for a total value of $21.4 million. The sale took place between September 3 and 5th and was disclosed in a regulatory filing with the Securities and Exchange Commission. According to the filing, the shares were sold in multiple transactions at prices ranging from $80.84 to $82.54. Following this transaction, Jonathan’s direct holdings have decreased to 436,395 and indirect holdings through trust to 6,781,634 shares.
Lululemon Athletica (NASDAQ:LULU) CEO Calvin McDonald bought 4,000 shares at $260 for a total value of $1.04M. The purchase took place on September 3, 2024 and was disclosed in a regulatory filing with the Securities and Exchange Commission. CEO Calvin now holds 89,922 common shares.
In a series of transactions, John Barry, the Chief Executive Officer of Prospect Capital (NASDAQ:PSEC), expanded his holdings in the company by purchasing additional shares. John acquired a total of 1.5 Million shares, with 0.75M common shares bought on September 3 for total value of $3.88M and 0.75M common shares on September 4 for acquired value of $3.92M. Following this transaction, Barry’s direct holdings have increased to 69.84 Million shares.
Penn Entertainment (NASDAQ:PENN) President and CEO Jay Snowden purchased 54,200 common shares, according to a recent SEC filing. On September 3, Jay acquired 54,200 shares of PENN’s common stock at a weighted average price of $18.44 per share, totaling an investment of $1 Million. The purchase was made in multiple transactions with prices ranging from $18.15 to $18.76. Following these transactions, Jay now owns a total of 853,045 shares in PENN.
Elastic (NYSE:ESTC) Director, Paul Auvil, has made a notable investment in the company’s stock, purchasing shares valued at nearly $1.48 Million. The transaction, which took place on September 3, 2024, involved Paul acquiring 20,000 shares of common stock at a weighted average price of $74.25 per share. Following this acquisition, Paul’s direct ownership in Elastic has increased to a total of 22,627 shares.