Meritage Homes Corp (MTH) CEO Steven J Hilton Sold $36.5 million of Shares (Guru Focus)
CEO of Meritage Homes Corp, Steven J Hilton, sold 579,026 shares of MTH on 08/01/2019 at an average price of $63 a share. The total sale was $36.5 million. Meritage Homes Corp is a designer and builder of single-family homes. The company offer homes that are designed to appeal to a wide range of homebuyers primarily focused on first-time and first move-up buyers. Its operations are spread across USA. Meritage Homes Corp has a market cap of $2.41 billion; its shares were traded at around $62.86 with a P/E ratio of 12.09 and P/S ratio of 0.71.
Monday 8/5 Insider Buying Report: ETRN, FIX (Nasdaq.com)
At Equitrans Midstream Corp (ETRN), a filing with the SEC revealed that on Friday, CEO Thomas F. Karam bought 100,000 shares of ETRN, for a cost of $16.39 each, for a total investment of $1.64M. Investors are able to snag ETRN even cheaper than Karam did, with the stock trading as low as $15.62 at last check today which is 4.7% below Karam’s purchase price. Equitrans Midstream Corp is trading off about 3.9% on the day Monday. Before this latest buy, Karam bought ETRN at 2 other times during the past year, for a total investment of $6.73M at an average of $19.22 per share. And at Comfort Systems USA (FIX), there was insider buying on Thursday, by Director Franklin Myers who bought 5,500 shares for a cost of $41.89 each, for a trade totaling $230,400. Before this latest buy, Myers bought FIX on 6 other occasions during the past twelve months, for a total cost of $1.01M at an average of $52.37 per share.
What Did This CEO Just Do with Personal Shares of J & J Snack Foods (NASDAQ: JJSF)? (Analyst Ratings)
Today, the President & CEO of J&J Snack Foods (JJSF), Gerald Shreiber, sold shares of JJSF for $4.54M. Following Gerald Shreiber’s last JJSF Sell transaction on November 30, 2018, the stock climbed by 26.2%. Based on J & J Snack Foods’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $327 million and quarterly net profit of $30.87 million. In comparison, last year the company earned revenue of $306 million and had a net profit of $26.13 million. JJSF’s market cap is $3.43B and the company has a P/E ratio of 37.37. Currently, J & J Snack Foods has an average volume of 23.75K.
Notable Insider Buys: AbbVie, Bristol-Myers And More (Benzinga)
Below is a look at a few notable insider purchases reported in the past week, but note that there were also some smaller insider purchases at Mastercard Inc (MA) 5.18% and Tesla Inc (TSLA) 2.59%. Trinity Industries: A director at Trinity Industries Inc (TRN) 3.28% indirectly purchased almost 659,000 shares of this Dallas-based company to end July. At prices ranging from $18.81 to $19.84 per share, that cost the director more than $12.68 million. Note also that an executive sold more than 2,000 shares back in May.
CannTrust To Miss Q2 Filing Deadline, Announces Insider Trading Blackout (Grizzle.com)
Still reeling from a Health Canada review after it was discovered the company had been growing in unlicensed rooms, the beleaguered CannTrust Holdings Inc. (TSX: TRST; NYSE: CTST) just announced a blackout on company insider trading. That blackout is expected to remain in effect until after the company releases Q2 financial reporting, which will be delayed due to the ongoing Health Canada review and internal company investigation.
Hamilton Beach Brands Holding Co (HBB) Director, President and CEO Gregory H Trepp Bought $70,600 of Shares (Guru Focus)
Director, President and CEO of Hamilton Beach Brands Holding Co, Gregory H Trepp, bought 5,000 shares of HBB on 08/02/2019 at an average price of $14.12 a share. The total cost of this purchase was $70,600. Hamilton Beach Brands Holding Co, through its subsidiaries, is engaged in consumer, commercial and specialty small appliances and specialty retail. The company earns maximum revenue from the sale of appliances. Hamilton Beach Brands Holding Co has a market cap of $182.478 million; its shares were traded at around $13.34 with a P/E ratio of 9.01 and P/S ratio of 0.25. The dividend yield of Hamilton Beach Brands Holding Co stocks is 2.59%.