The 25 Biggest Insider Purchases in October

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14. EQT Corporation (NYSE:EQT)

Who Bought Shares: Senior Vice President and CFO Robert Joseph McNally

How Many Shares Were Bought: 15,800 @ $34.16 per share

Date of the Transaction(s): October 31

EQT Corporation (NYSE:EQT) is yet another stock that got hammered in October, losing 35% between the 16th and 29th of the month, which pushed it to 8-year lows. Third quarter adjusted earnings of $0.35 per share missed the consensus estimate by $0.07, while other negative catalysts have also dogged the stock, including the lowering of its production estimates for 2018 (to 1,460-1,480 bcfe from first quarter projections of 1,520-1,550 bcfe) and a $300 million hike in the natural gas company’s estimated well development capital expenditures, to $2.5 billion.

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