FleetCor Technologies Inc. (NYSE: FLT) Director Michael Buckman recently bought 5,000 shares for $116.68 per share. Buckman made a total investment of $583,402. The purchase came shortly after FleetCor Technologies reported its financial results for the third quarter of 2013. The company reported total revenue of $225.2 million for the quarter, compared to $186.9 million reported for the same period in the previous year. Net income for the quarter was $78.6 million, compared to $59.6 million reported for the same period in the previous year.
Category: Insider Buying
Insider Buying in Recent Months
Insider Buying Activity
The third quarter of 2013 turned out to be a volatile one for U.S. equity market amid speculation that the Federal Reserve will start easing its bond purchase program soon. The Fed, however, surprised market participants in September by not scaling back its bond purchases. Continue reading Insider Buying in Recent Months
Top Buys by Insiders for the Month of August 2013
August turned out to be a disappointing month for equities as all three benchmark indexes fell. The losses in U.S. equity market were mainly due to concerns over Federal Reserve’s bond purchase program. There is growing speculation that the Fed might start easing its $85 billion a month bond purchases soon. Continue reading Top Buys by Insiders for the Month of August 2013
Dole Food Company To Be Acquired By Its CEO for $ 13.50 Per Share (DOLE)
David H Murdock Jr., the Chief Executive of Dole Food Company Inc. (NYSE: DOLE) announced on Monday that he has agreed to buy 100% stake in the food and vegetable company in deal estimated at $1.6 billion, including debt.
According to the terms of the deal, Murdock will pay $13.50 per share to acquire another 60% stake in the company, which he does not currently own. The deal implies a 5% premium over the closing stock price of $12.81 on Friday. The latest offer is 12.5% higher than Murdock’s initial offer of $12 a share.
Philip Morris Director Buys 1,000 Shares (PM)
Philip Morris International Inc. (NYSE: PM) director Sergio Marchionne recently bought 1,000 shares of PM common stock at $89.07 per share, according to a SEC filing.
Continue reading Philip Morris Director Buys 1,000 Shares (PM)
VeriFone Director Buys 27,900 Shares (PAY)
VeriFone Systems Inc. (NYSE: PAY) Director Jeffrey E. Stiefler recently bought 27,900 shares PAY common shares at a cost of $17.89 per share each. Stiefler made a total investment of $499,131. This is the first time in the last one year that Stiefler has bought shares in PAY.
Alcoa Director Buys 2,470 Shares (AA)
Alcoa Inc. (NYSE: AA) director Ratan Tata, on Thursday, bought 2,470 shares of AA common stock for $8.05 per share, according to a SEC filing. Tata made an investment of $19,879. This is the fourth time in the last one year that Tata has bought AA shares.
Kohl’s Corporation Director Buys 2,568 Shares (KSS)
Kohl’s Corporation (NYSE: KSS) Director, Ximena G. Humrichouse recently bought 2,568 shares of KSS for $50.22 per share, according to a SEC filing made last week. Humrichouse made a total investment of $128,691.
Continue reading Kohl’s Corporation Director Buys 2,568 Shares (KSS)
Rouse Properties CEO Buys 10,000 Shares (RSE)
Rouse Properties Inc. (NYSE: RSE) CEO Andrew Silberfein this week bought 10,000 shares of RSE common stock at $19.67 per share, according to a filing made with the SEC.
Continue reading Rouse Properties CEO Buys 10,000 Shares (RSE)
Celgene Corporation Director Buys 1,000 Shares (CELG)
Celgene Corporation (NASDAQ: CELG) director Ernest Mario bought 1,000 shares of CELG common stock for $123.72 per share, according to a SEC filing. Mario made a total investment of $123,725.
Continue reading Celgene Corporation Director Buys 1,000 Shares (CELG)