Posted on Friday, March 22nd, 2019 by MarketBeat StaffAn insider trade occurs when a corporate executive (such as a CEO, CFO or COO) that has non-public information about a company buys or sells shares of that company's stock. Company insiders are required by law to regularly report their stock purchases and sales to the SEC.
Tracking a company's insider trades is a metric that can be used to identify the direction that the company's executives believes that the company is headed. If a number of insiders sell shares of their company, they may believe that the company will have weak future earnings and that the share price will decline in the near future.
For example, if Microsoft's CEO, CFO and COO all recently sold shares of Microsoft stock, that would be an indication that there could be unreported news that may negatively effect Microsoft's stock price in the near future.
This slideshow lists the 12 companies that have had the highest levels of insider buying within the last 180 days.
#1 - Procter & Gamble (NYSE:PG)
Dollar Amount of Shares Sold: $271,368,309.73
Number of Insider Stock Sales in the Last 180 Days: 30
Volume of Shares Sold: 2,773,423
Who Sold Shares: Carolyn M Tastad (Insider), David S Taylor (CEO), David S Taylor (Chairman), Gary A Coombe (Insider), Ioannis Skoufalos (Insider), Jeffrey K Schomburger (Insider), Jon R Moeller (Vice Chairman), Juan Fernando Posada (Insider), Ma Fatima Francisco (Insider), Mary Theresa Grabowski (Insider), Marylynn Fergusonmchugh (Insider), Nelson Peltz (Director), Price Matthew (Insider), R Alexandra Keith (Insider), Trian Fund Management, LP (Director) and Valarie L Sheppard (SVP)
The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments; and skin and personal care products, such as antiperspirants and deodorants, and personal cleansing and skin care products under the Head & Shoulders, Pantene, Rejoice, Olay, Old Spice, Safeguard, and SK-II brands. The Grooming segment provides female and male blades and razors, pre- and post-shave products, and other shave care products; and appliances that include electric shavers and epilators under the Braun, Fusion, Gillette, Mach3, Prestobarba, and Venus brands. The Health Care segment offers toothbrushes, toothpastes, and other oral care products; and gastrointestinal, rapid diagnostics, respiratory, vitamin/mineral/supplement, and other personal health care products under the Crest, Oral-B, Metamucil, Prilosec, and Vicks brands. The Fabric & Home Care segment provides fabric enhancers, laundry additives, and laundry detergents; and air care, dish care, P&G professional, and surface care products under the Ariel, Downy, Gain, Tide, Cascade, Dawn, Febreze, Mr. Clean, and Swiffer brands. The Baby, Feminine & Family Care segment offers baby wipes, diapers, and pants; adult incontinence and feminine care products; and paper towels, tissues, and toilet paper under the Luvs, Pampers, Always, Tampax, Bounty, Charmin, and Puffs brands. The company sells its products through mass merchandisers, e-commerce, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, baby stores, specialty beauty stores, high-frequency stores, and pharmacies. The Procter & Gamble Company was founded in 1837 and is headquartered in Cincinnati, Ohio.
#2 - Estee Lauder Companies (NYSE:EL)
Dollar Amount of Shares Sold: $129,405,145.31
Number of Insider Stock Sales in the Last 180 Days: 25
Volume of Shares Sold: 861,981
Who Sold Shares: Alexandra C Trower (EVP), Carl P Haney (EVP), Fabrizio Freda (CEO), Fabrizio Freda (Insider), Gregory Polcer (EVP), Hudis Jane Hertzmark (Insider), Irvine O Hockaday Jr (Director), John Demsey (Insider), Lal Family Partners Lp (Major Shareholder), Michael O'hare (EVP), Paul J Fribourg (Director), Richard D Parsons (Director), Ronald S Foundation Lauder (Major Shareholder), Rose Marie Bravo (Director), Sara E Moss (VP), Tracey Thomas Travis (CFO) and William P Lauder (Chairman)
The Estée Lauder Companies Inc. manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools. It also provides fragrance products in various forms comprising eau de parfum sprays and colognes, lotions, powders, creams, candles, and soaps; and hair care products consisting of shampoos, conditioners, styling products, treatment, finishing sprays, and hair color products, as well as sells ancillary products and services. The company offers its products under the brand names of Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, M·A·C, Bobbi Brown, La Mer, Aveda, Jo Malone London, Bumble and bumble, Darphin, Ojon, Smashbox, RODIN olio lusso, FLIRT!, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, By Kilian, BECCA, and Too Faced. In addition, it operates as a licensee for fragrances and/or cosmetics sold under the Tommy Hilfiger, Donna Karan New York, DKNY, Kiton, Michael Kors, Tom Ford, Dr. Andrew Weil, Ermenegildo Zegna, AERIN, and Tory Burch brand names. The company sells its products through department stores, specialty multi-brand retailers, upscale perfumeries, pharmacies, and salons and spas; freestanding stores; e-commerce Websites; stores in airports and on cruise ships; in-flight and duty-free shops; and self-select outlets. It has operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The Estée Lauder Companies Inc. was founded in 1946 and is based in New York, New York.
#3 - Boston Scientific (NYSE:BSX)
Dollar Amount of Shares Sold: $27,326,802.08
Number of Insider Stock Sales in the Last 180 Days: 33
Volume of Shares Sold: 707,299
Who Sold Shares: Arthur C Butcher (SVP), Daniel J Brennan (CFO), David A Pierce (EVP), Desiree Ralls-Morrison (SVP), Edward F Mackey (EVP), Eric Francis Yves Thepaut (SVP), Joseph Michael Fitzgerald (EVP), Kevin J Ballinger (EVP), Maulik Nanavaty (SVP), Michael F Mahoney (Chairman), Wendy Carruthers (SVP), Xin Warren Wang (SVP) and Yoshiaki Fujimori (Director)
Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through three segments: MedSurg, Rhythm and Neuro, and Cardiovascular. The company offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; percutaneous coronary interventions therapy products to treat atherosclerosis; intravascular catheter-directed ultrasound imaging catheters, fractional flow reserve devices, and systems for use in coronary arteries and heart chambers, as well as certain peripheral vessels; and structural heart therapy systems. It also provides stents, balloon catheters, wires, and atherectomy systems to treat arterial diseases; thrombectomy systems, wires, and stents to treat venous diseases; and peripheral embolization devices, microcatheters, and drainage catheters to treat various cancers. In addition, the company offers cardiac rhythm management devices, such as implantable cardioverter defibrillator systems to treat abnormalities; remote patient management system; implantable cardiac resynchronization therapy pacemaker systems; and medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising ablation catheters, intracardiac ultrasound catheters, diagnostic catheters, delivery sheaths, mapping system, and other accessories. Further, it provides products to diagnose and treat diseases of the gastrointestinal and pulmonary conditions; devices to diagnose, treat, and palliate pulmonary diseases within the airway and lungs; products to treat various urological and pelvic conditions; deep brain stimulation systems for the treatment of parkinson's disease, tremor, and intractable primary and secondary dystonia; and spinal cord stimulator systems for the management of chronic pain. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.
#4 - Equity Residential (NYSE:EQR)
Dollar Amount of Shares Sold: $41,752,317.88
Number of Insider Stock Sales in the Last 180 Days: 26
Volume of Shares Sold: 586,354
Who Sold Shares: Alan W George (EVP), Alan W George (Insider), Alexander Brackenridge (Insider), Barry Altshuler (Insider), Christa L Sorenson (Insider), David J Neithercut (CEO), David J Neithercut (Director), David S Santee (Insider), Ian Kaufman (CAO), Linda Bynoe (Director), Mark J Parrell (President), Michael L Manelis (COO), Michael L Manelis (Insider), Robert Garechana (CFO), Samuel Zell (Chairman) and Scott Fenster (EVP)
Equity Residential is an S&P 500 company focused on the acquisition, development and management of rental apartment properties located in urban and high-density suburban markets where today's renters want to live, work and play. Equity Residential owns or has investments in 307 properties consisting of 79,482 apartment units, primarily located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.
#5 - HMS (NASDAQ:HMSY)
Dollar Amount of Shares Sold: $76,254,381.00
Number of Insider Stock Sales in the Last 180 Days: 59
Volume of Shares Sold: 2,202,224
Who Sold Shares: Bart M Schwartz (Director), Cora M Tellez (Director), Cynthia Nustad (EVP), Douglas M Williams (COO), Douglas M Williams (Insider), Ellen A Rudnick (Director), Greg D Aunan (CAO), Greg D Aunan (SVP), Jeffrey Scott Sherman (CFO), Meredith W Bjorck (Insider), Richard H Stowe (Director), Robert Becker (Director), Semone Neuman (COO), Semone Neuman (EVP), Teresa South (EVP), Teresa South (Insider), William C Lucia (CEO), William C Lucia (Chairman) and William F Miller III (Director)
HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. It provides coordination of benefits services to government and commercial healthcare payers and sponsors to coordinate benefits for claims; and payment integrity services that ensure healthcare claims billed are accurate and appropriate, as well as offers care management and consumer engagement solutions. The company's services also enable customers to recover improper payments; prevent future improper payments; reduce fraud, waste, and abuse; improve outcomes and increase retention; and ensure regulatory compliance. It serves state Medicaid programs, commercial health plans, federal government health agencies, government and private employers, children's health insurance programs, and other healthcare payers and sponsors. The company was founded in 1974 and is headquartered in Irving, Texas.
#6 - Trimble (NASDAQ:TRMB)
Dollar Amount of Shares Sold: $24,724,827.80
Number of Insider Stock Sales in the Last 180 Days: 19
Volume of Shares Sold: 644,578
Who Sold Shares: Bryn Fosburgh (VP), Darryl R Matthews (SVP), James A Kirkland (Insider), Julie A Shepard (VP), Jurgen Kliem (VP), Merit E Janow (Director), Michael Bank (Insider), Robert G Painter (CFO), Ronald Bisio (Insider), Rosalind D Buick (Insider), Sachin Sankpal (SVP), Steven W Berglund (CEO) and Ulf J Johansson (Director)
Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company operates in four segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. The Buildings and Infrastructure segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; building information modeling software; integrated site layout and measurement systems; applications for sub-contractors and trades; and integrated workplace management services software. This segment serves architects, engineers, contractors, owners, and operators. The Geospatial segment provides surveying and geospatial products and services to the construction, engineering, mining, oil and gas, energy and utilities, government, and land management sectors; and geographic information systems. The Resources and Utilities segment offers precision agriculture products and services that consist of guidance and positioning systems, automated and variable-rate application and technology systems, and information management solutions primarily to customers working in agriculture, forestry, and utilities. The Transportation segment offers a suite of solutions under the Trimble, PeopleNet, GEOTrac, TMW, ISE, Punch, Veltec, and Trimble MAPS brands to customers working in long haul trucking, field service management, rail, and military aviation. The company was formerly known as Trimble Navigation Limited and changed its name to Trimble Inc. in October 2016. Trimble Inc. was founded in 1978 and is headquartered in Sunnyvale, California.
#7 - Tetra Tech (NASDAQ:TTEK)
Dollar Amount of Shares Sold: $7,386,312.54
Number of Insider Stock Sales in the Last 180 Days: 16
Volume of Shares Sold: 121,516
Who Sold Shares: Albert E Smith (Director), Brian N Carter (SVP), Craig L Christensen (SVP), Dan L Batrack (CEO), Derek G Amidon (SVP), Hugh M Grant (Director), J Christopher Lewis (Director), J Kenneth Thompson (Director), Kimberly E Ritrievi (Director), Kirsten M Volpi (Director) and Patrick C Haden (Director)
Tetra Tech, Inc. provides consulting and engineering services worldwide. It operates through Government Services Group (GSG) and Commercial/International Services Group (CIG) segments. The GSG segment offers early data collection and monitoring, data analysis and information technology, science and engineering applied research, engineering design, construction management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services. This segment serves federal, state, and local governments, and development agencies in water resources analysis and water management, environmental monitoring, data analytics, government consulting, waste management, and a range of civil infrastructure master planning and engineering design markets. The CIG segment provides early data collection and monitoring, data analysis and information management, feasibility studies and assessments, science and engineering applied research, engineering design, construction management, and operations and maintenance services. This segment serves natural resources, energy, and utilities markets, as well as civil infrastructure master planning and engineering design markets. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California.
#8 - AutoZone (NYSE:AZO)
Dollar Amount of Shares Sold: $82,301,870.57
Number of Insider Stock Sales in the Last 180 Days: 13
Volume of Shares Sold: 100,667
Who Sold Shares: Albert Saltiel (VP), Domingo Hurtado (Insider), Kristen C Wright (VP), Philip B Daniele (Insider), Richard Craig Smith (Insider), Rodney C Halsell (Insider), Ronald B Griffin (Insider), William Andrew Mckenna (Director), William C Rhodes III (Chairman), William R Hackney (Insider), William T Giles (VP) and William W Graves (Insider)
AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its products include A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps. The company also offers maintenance products, such as antifreeze and windshield washer fluids; brake drums, rotors, shoes, and pads; brake and power steering fluids, and oil and fuel additives; oil and transmission fluids; oil, air, fuel, and transmission filters; oxygen sensors; paints and accessories; refrigerants and accessories; shock absorbers and struts; spark plugs and wires; and windshield wipers, as well as air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, interior and exterior accessories, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, stereos and radios, tools, and wash and wax products. In addition, it provides a sales program that offers commercial credit and delivery of parts and other products; and tire repair services. Further, it sells automotive diagnostic and repair software under the ALLDATA brand through alldata.com and alldatadiy.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. As of August 25, 2018, it operated 5,618 stores in the United States, including Puerto Rico; 564 stores in Mexico; 20 stores in Brazil; and 26 Interamerican Motor Corporation branches. AutoZone, Inc. was founded in 1979 and is based in Memphis, Tennessee.
#9 - DexCom (NASDAQ:DXCM)
Dollar Amount of Shares Sold: $31,497,600.78
Number of Insider Stock Sales in the Last 180 Days: 32
Volume of Shares Sold: 225,337
Who Sold Shares: Andrew K Balo (EVP), Andrew K Balo (Insider), Barbara Kahn (Director), Donald Abbey (EVP), Heather S Ace (SVP), Jacob Steven Leach (Insider), Kevin R Sayer (CEO), Mark G Foletta (Director), Patrick Michael Murphy (SVP), Quentin S Blackford (CFO), Richard Doubleday (EVP), Steven R Altman (Director) and Steven Robert Pacelli (EVP)
DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally. The company offers its systems for ambulatory use by people with diabetes; and for use by healthcare providers. Its products include DexCom G6, a CGM system for diabetes management; DexCom G5 mobile CGM system to communicate directly to patient's mobile device; DexCom G4 PLATINUM system for continuous use by adults with diabetes; and DexCom Share, a remote monitoring system. DexCom, Inc. has a collaboration and license agreement with Verily Life Sciences LLC and Verily Ireland Limited to develop a series of next-generation CGM products. The company markets its products directly to endocrinologists, physicians, and diabetes educators. DexCom, Inc. was founded in 1999 and is headquartered in San Diego, California.
#10 - Accenture (NYSE:ACN)
Dollar Amount of Shares Sold: $21,508,066.67
Number of Insider Stock Sales in the Last 180 Days: 21
Volume of Shares Sold: 139,750
Who Sold Shares: Arun Sarin (Director), Chad T Jerdee (General Counsel), Daniel T London (Insider), David Rowland (CEO), David Rowland (CFO), Ellyn Shook (Insider), Gianfranco Casati (Insider), Jean-Marc Ollagnier (Insider), Johan Deblaere (COO), Pierre Nanterme (CEO), Richard Lumb (Insider), Richard P Clark (Insider) and 'T Noordende Alexander M Van (Insider)
Accenture plc provides consulting, technology, and outsourcing services in Ireland and internationally. Its Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, develop industry-specific solutions, and enhance efficiencies and business results for communications, media, high tech, software, and platform companies. The company's Financial Services segment offers services that address profitability pressures, industry consolidation, regulatory changes, and the need to continually adapt to new digital technologies for banking, capital markets, and insurance industries. Its Health & Public Service segment provides research-based insights and offerings, including consulting services and digital solutions to help clients deliver social, economic, and health outcomes for healthcare payers and providers, as well as government departments and agencies, public service organizations, educational institutions, and non-profit organizations. The company's Products segment helps clients enhance their performance in distribution, sales, and marketing; in research and development, and manufacturing; and in business functions, such as finance, human resources, procurement, and supply chain. This segment serves clients in consumer goods, retail, and travel services industries; automotive, freight and logistics, industrial and electrical equipment, consumer durable and heavy equipment, and construction and infrastructure management companies; and pharmaceutical, medical technology, and biotechnology companies. Its Resources segment enables clients in chemicals, energy, forest products, metals and mining, and utilities and related industries to develop and implement strategies, improve operations, manage complex change initiatives, and integrate digital technologies. Accenture plc has a strategic alliance with Quantexa. Accenture plc was founded in 1989 and is based in Dublin, Ireland.
#11 - Semtech (NASDAQ:SMTC)
Dollar Amount of Shares Sold: $13,134,093.00
Number of Insider Stock Sales in the Last 180 Days: 21
Volume of Shares Sold: 256,954
Who Sold Shares: Asaf Silberstein (SVP), Christopher H Chang (SVP), Emeka Chukwu (CFO), Gary Beauchamp (EVP), James Jungsup Kim (SVP), James T Lindstrom (Director), John Michael Wilson (EVP), Mark C Costello (VP), Mohan Maheswaran (Insider), Rockell N Hankin (Director), Sharon K Faltemier (SVP) and Ye Jane Li (Director)
Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms. The company provides signal integrity products, including a portfolio of optical data communications and video transport products used in various enterprise computing, industrial, communications, and high-end consumer applications; and a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications. It also offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and wireless and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products used in industrial and consumer applications. In addition, the company provides power products consisting of switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging that control, alter, regulate, and condition the power within electronic systems; and discrete semiconductor products, including rectifiers, assemblies, and other products for use in industrial, military, medical, and automotive applications, as well as aerospace and defense systems, such as satellite communications. It serves original equipment manufacturers and their suppliers in the enterprise computing, communications, and consumer and industrial end-markets. The company sells its products directly, as well as through independent sales representative firms and independent distributors in the United States, Europe, and Asia. Semtech Corporation was incorporated in 1960 and is headquartered in Camarillo, California.
#12 - SBA Communications (NASDAQ:SBAC)
Dollar Amount of Shares Sold: $133,925,491.25
Number of Insider Stock Sales in the Last 180 Days: 21
Volume of Shares Sold: 761,445
Who Sold Shares: Brendan Thomas Cavanagh (CFO), Brendan Thomas Cavanagh (Insider), Brian C Carr (Director), Brian D Lazarus (SVP), Duncan Cocroft (Director), George R Krouse Jr (Director), Jason V Silberstein (EVP), Jeffrey Stoops (CEO), Kevin L Beebe (Director), Kurt L Bagwell (EVP), Mark R Ciarfella (EVP), Steven E Bernstein (Chairman) and Thomas P Hunt (VP)
SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts.
#13 - Cummins (NYSE:CMI)
Dollar Amount of Shares Sold: $10,649,087.05
Number of Insider Stock Sales in the Last 180 Days: 14
Volume of Shares Sold: 73,187
Who Sold Shares: Alexis M Herman (Director), Franklin R Changdiaz (Director), Jill E Cook (Insider), Mark Andrew Smith (VP), Marya M Rose (CAO), Norman Thomas Linebarger (CEO), Pat Ward (CFO), Richard Joseph Freeland (COO), Srikanth Padmanabhan (Insider), Tony Satterthwaite (Insider) and Tracy A Embree (VP)
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products worldwide. It operates through four segments: Engine, Distribution, Components, and Power Systems segments. The Engine segment manufactures and markets a range of diesel and natural gas powered engines under the Cummins and other customer brands for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. This segment also offers new parts and services, as well as remanufactured parts and engines. The Distribution segment distributes parts, engines, and power generation products; and provides service solutions, such as maintenance contracts, engineering services, and integrated products. The Components segment offers emission solutions, including custom engineering systems and integrated controls, oxidation catalysts, particulate filters, selective catalytic reduction systems, and engineered components; and turbochargers for light-duty, mid-range, heavy-duty, and high-horsepower diesel markets. This segment also provides air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and fuel systems for heavy-duty on-highway diesel engine applications, as well as remanufactures fuel systems. The Power Generation segment offers components that back-up and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford, AVK, and Markon brands. Cummins Inc. sells its products to original equipment manufacturers, dealers/distributors, and end users. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
