Posted on Saturday, December 14th, 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 - Tetra Tech (NASDAQ:TTEK)
Dollar Amount of Shares Sold: $14,569,299.03
Number of Insider Stock Sales in the Last 180 Days: 19
Volume of Shares Sold: 176,105
Who Sold Shares: Brian N Carter (SVP), Craig L Christensen (SVP), Dan L Batrack (CEO), Hugh M Grant (Director), J Christopher Lewis (Director), J Kenneth Thompson (Director), Kimberly E Ritrievi (Director), Kirsten M Volpi (Director), Leslie L Shoemaker (EVP), Mark A Rynning (SVP), Patrick C Haden (Director), Richard A Lemmon (SVP), Roger R Argus (SVP) and Steven M Burdick (CFO)
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.
#2 - Broadridge Financial Solutions (NYSE:BR)
Dollar Amount of Shares Sold: $52,249,852.61
Number of Insider Stock Sales in the Last 180 Days: 19
Volume of Shares Sold: 417,957
Who Sold Shares: Adam D Amsterdam (VP), Alan J Weber (Director), C Elisa D Garcia (Insider), Douglas Richard Deschutter (Insider), Douglas Richard Deschutter (VP), James M Young (VP), Julie R Taylor (VP), Maura A Markus (Director), Richard J Daly (Chairman), Richard J Daly (Insider), Robert F Kalenka (VP), Robert Schifellite (SVP), Stuart R Levine (Director), Thomas J Perna (Director), Thomas P Carey (VP), Timothy C Gokey (Insider) and Vijay Mayadas (Insider)
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry worldwide. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and offers ProxyEdge, an electronic proxy delivery and voting solution. It also provides registered proxy, registrar, stock transfer, and record-keeping services to corporations; and distributes regulatory reports and corporate action/reorganization event information, and tax reporting solutions. In addition, this segment offers customer communication solutions, including processing and distributing its clients' transactional, regulatory, and marketing communications through print and digital channels. Further, it provides cloud-based marketing and customer communication tools, as well as customer and account data aggregation and reporting services; and creates sales and educational content, including seminars and a library of financial planning topics, as well as customizable advisor Websites, search engine marketing, and electronic and print newsletters. Additionally, this segment offers mutual fund and retirement, and mutual fund trade processing services. The company's Global Technology and Operations segment offers middle- and back-office securities processing solutions that include desktop productivity tools, data aggregation, performance reporting, portfolio management, order capture and execution, trade confirmation, margin, cash management, clearance and settlement, asset servicing, reference data management, reconciliation, securities financing and collateral optimization, compliance and regulatory reporting, and accounting. It also provides international securities processing and managed services. The company was founded in 1962 and is headquartered in Lake Success, New York.
#3 - SVMK (NASDAQ:SVMK)
Dollar Amount of Shares Sold: $77,080,113.39
Number of Insider Stock Sales in the Last 180 Days: 31
Volume of Shares Sold: 4,841,342
Who Sold Shares: Alexander J Lurie (CEO), Benjamin C Spero (Director), Dana L Evan (Director), Dharti Patel (CAO), Erika H James (Director), John S Schoenstein (Insider), Lora D Blum (SVP), Rebecca Cantieri (Insider), Thomas E Hale (President) and Tiger Global Management Llc (Major Shareholder)
SVMK Inc. provides survey software products and purpose-built solutions that enable organizations to engage with their customers, employees, and the markets they serve in the United States and internationally. Its cloud-based SaaS platform helps individuals and organizations to design and distribute surveys that generate an average of approximately 20 million answered questions daily across approximately 190 countries and territories. The company offers SurveyMonkey CX, a net promoter score solution that transforms customer feedback into actionable insights; TechValidate, a marketing content automation solution; and SurveyMonkey Engage, an employee-focused solution, which measures employee experiences within an organization. It also provides SurveyMonkey Audience, a market research solution that enables organizations to easily gain real-time actionable data from targeted panelists; SurveyMonkey Apply, an application management solution that is primarily used by educational institutions and non-profits seeking to allocate scholarships and grants; and Wufoo, an easy-to-use form builder that helps users create Web and mobile forms, collect file uploads, and receive online payments. The company was formerly known as SurveyMonkey Inc. and changed its name to SVMK Inc. in March 2013. The company was founded in 1999 and is headquartered in San Mateo, California.
#4 - Jabil (NYSE:JBL)
Dollar Amount of Shares Sold: $17,326,299.82
Number of Insider Stock Sales in the Last 180 Days: 33
Volume of Shares Sold: 472,074
Who Sold Shares: Alessandro Parimbelli (CEO), Bruce Allan Johnson (EVP), Bruce Allan Johnson (SVP), Courtney J Ryan (EVP), Daryn G Smith (SVP), Kenneth S Wilson (CEO), Mark T Mondello (CEO), Martha Brooks (Director), Michael Dastoor (CFO), Michael J Loparco (CEO), Robert L Katz (EVP), Steven D Borges (CEO) and Thomas A Sansone (Director)
Jabil Inc. provides electronic manufacturing services and solutions worldwide. The company operates through two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. It offers electronics design, production, and product management services. The company provides electronic circuit design services, such as application-specific integrated circuit design, firmware development and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA). It also specializes in three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as offers various industrial design, advance mechanism development, and tooling management services. In addition, the company provides computer-assisted design services consisting of PCBA design, and PCBA design validation and verification services; and other consulting services, including the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it offers product and process validation services, such as product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution development services. Additionally, the company offers systems assembly, test, direct-order fulfillment, and configure-to-order services. It serves automotive and transportation, capital equipment, computing and storage, defense and aerospace, digital home, industrial and energy, networking and telecommunications, point of sale, printing, consumer wearables, healthcare, mobility, and packaging industries. The company was formerly known as Jabil Circuit, Inc. and changed its name to Jabil Inc. in June 2017. Jabil Inc. was founded in 1966 and is headquartered in Saint Petersburg, Florida.
#5 - Plexus (NASDAQ:PLXS)
Dollar Amount of Shares Sold: $16,289,336.71
Number of Insider Stock Sales in the Last 180 Days: 33
Volume of Shares Sold: 225,273
Who Sold Shares: Angelo Michael Ninivaggi Jr (CAO), David J Drury (Director), Dean A Foate (Chairman), Michael V Schrock (Director), Patrick John Jermain (CFO), Peter Kelly (Director), Ralf R Boer (Director), Ronnie Darroch (VP), Scott Theune (Insider), Stephen P Cortinovis (Director), Steven J Frisch (VP), Todd P Kelsey (CEO) and Yong Jin Lim (Insider)
Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers design and development, supply chain, new product introduction, and manufacturing solutions, as well as aftermarket services. The company provides its solutions to companies in the healthcare and life sciences, industrial and commercial, communications, and aerospace and defense sectors. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin.
#6 - Procter & Gamble (NYSE:PG)
Dollar Amount of Shares Sold: $213,253,125.29
Number of Insider Stock Sales in the Last 180 Days: 21
Volume of Shares Sold: 1,739,867
Who Sold Shares: Carolyn M Tastad (Insider), David S Taylor (CEO), David S Taylor (Chairman), Jon R Moeller (Vice Chairman), Ma Fatima Francisco (CEO), Marc S Pritchard (Insider), Mary Theresa Grabowski (Insider), Marylynn Fergusonmchugh (CEO), Nelson Peltz (Director), R Alexandra Keith (CEO), Shailesh Jejurikar (CEO), Steven D Bishop (CEO) and Valarie L Sheppard (VP)
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.
#7 - Intercontinental Exchange (NYSE:ICE)
Dollar Amount of Shares Sold: $20,355,596.23
Number of Insider Stock Sales in the Last 180 Days: 18
Volume of Shares Sold: 221,768
Who Sold Shares: Andrew J Surdykowski (General Counsel), Benjamin Jackson (President), Charles A Vice (Vice Chairman), David S Goone (Insider), James W Namkung (CAO), Jean Marc Forneri (Director), Jeffrey C Sprecher (CEO), Lynn C Martin (COO) and Scott A Hill (CFO)
Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, European Union, Asia, Israel, and Canada. It operates through two segments, Trading and Clearing; and Data and Listings. The company operates marketplaces for listing, trading, and clearing an array of derivatives and securities contracts across various asset classes, including energy and agricultural commodities, metals, interest rates, equities, credit derivatives, exchange traded funds, bonds, and currencies. It also offers data services to support the trading, investment, risk management, and connectivity needs of customers across major asset classes. The company operates exchanges and marketplaces; cash equities, equity options, and bond exchanges; and over-the-counter markets for physical energy, fixed income, credit default swaps, and central counterparty clearing houses. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.
#8 - KLA (NASDAQ:KLAC)
Dollar Amount of Shares Sold: $10,452,122.01
Number of Insider Stock Sales in the Last 180 Days: 24
Volume of Shares Sold: 69,611
Who Sold Shares: Ahmad A Khan (Insider), Amichai Steimberg (CEO), Bren D Higgins (CFO), Brian Lorig (EVP), Brian M Trafas (EVP), Brian M Trafas (Insider), Kevin Kennedy (Director), Teri A Little (EVP), Virendra A Kirloskar (CAO) and Virendra A Kirloskar (SVP)
KLA Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process. It also provides reticle manufacturing products, such as reticle inspection, metrology, and data analytics systems for mask shops; and packaging manufacturing products comprising standalone and cluster inspection and metrology systems for various applications in the field of semiconductor packaging. In addition, the company offers compound semiconductor, power device, light emitting diode, and microelectromechanical system manufacturing products for the display market; data storage media/head manufacturing products; general purpose/lab applications; and previous-generation KLA systems. Further, it provides wafer processing solutions; printed circuit boards, and display and inspection components; products for the deposition of thin film coating of materials on crystalline silicon photovoltaic wafers; and other services. The company offers its products and services for use by various bare wafer, integrated circuit, reticle, and hard disk drive manufacturers. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was founded in 1975 and is headquartered in Milpitas, California.
#9 - salesforce.com (NYSE:CRM)
Dollar Amount of Shares Sold: $94,938,833.21
Number of Insider Stock Sales in the Last 180 Days: 125
Volume of Shares Sold: 615,679
Who Sold Shares: Alexandre Dayon (Insider), Amy E Weaver (General Counsel), Amy E Weaver (Insider), Bret Steven Taylor (Insider), Craig Conway (Director), Joe Allanson (CAO), John Victor Roos (Director), Keith Block (CEO), Marc Benioff (CEO), Marc Benioff (Chairman), Mark J Hawkins (CFO), Neelie Kroes (Director), Parker Harris (Insider), Sanford Robertson (Director) and Srinivas Tallapragada (Insider)
salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and relationship intelligence, as well as deliver quotes, contracts, and invoices. It also provides Service Cloud, which enables companies to deliver personalized customer service and support, as well as a field service solution that enables companies to connect agents, dispatchers, and mobile employees through a centralized platform, which helps to schedule and dispatch work, and track and manage jobs in real-time. In addition, the company offers Marketing Cloud to plan, personalize, and optimize one-to-one customer marketing interactions; and Commerce Cloud, which enables companies to enhance engagement, conversion, revenue, and loyalty from their customers. Further, it provides Lightning Platform that offers no-code to pro-code Platform-as-a-Service tools for building, securing, integrating, and managing the business apps; Anypoint Platform enables customers to connect any system, application, data, or device; Quip collaboration platform, which combines documents, spreadsheets, apps, and chat with live CRM data; and Salesforce Customer 360, which enables companies to connect customer data across the various offerings for financial services, healthcare, and government. Additionally, the company offers consulting and implementation services; training services, including instructor-led and online courses; and support and adoption programs. It provides its services through direct sales; and consulting firms, systems integrators, and other partners. The company was founded in 1999 and is headquartered in San Francisco, California.
#10 - Ciena (NYSE:CIEN)
Dollar Amount of Shares Sold: $9,249,662.89
Number of Insider Stock Sales in the Last 180 Days: 42
Volume of Shares Sold: 192,250
Who Sold Shares: Andrew C Petrik (VP), Bruce L Claflin (Director), David M Rothenstein (VP), Gary B Smith (CEO), James E Moylan, Jr (CFO), James E Moylan, Jr (SVP), Jason Phipps (SVP), Jean I Liu (EVP), Judith M Obrien (Director), Rick Hamilton (SVP), Scott Mcfeely (SVP), Stephen B Alexander (SVP) and Thomas Michael Nevens (Director)
Ciena Corporation provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking solutions optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, CoreDirector Multiservice Optical Switches, and OTN configuration for the 5410 Reconfigurable Switching System, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Software and Software-Related Services segment offers multi-domain service orchestration, inventory, route optimization and assurance, network function virtualization orchestration, analytics, and related services; and OneControl unified management system and platform software services, as well as manage, control, and plan software. Its Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.
#11 - Globe Life (NYSE:GL)
Dollar Amount of Shares Sold: $22,328,898.84
Number of Insider Stock Sales in the Last 180 Days: 15
Volume of Shares Sold: 232,989
Who Sold Shares: Bill Leavell (Insider), Charles E Adair (Director), Darren M Rebelez (Director), David Kendall Carlson (Insider), David L Boren (Director), Frank M Svoboda (CFO), Gary L Coleman (CEO), James Matthew Darden (EVP), Larry M Hutchison (CEO), Michael Shane Henrie (CAO), Steven John Dichiaro (Insider) and Vern D Herbel (EVP)
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers term life, whole life, children's life, senior life, and family life insurance products; accidental benefits insurance; mortgage protection insurance; and medicare supplement plans. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. is based in McKinney, Texas.
#12 - Accenture (NYSE:ACN)
Dollar Amount of Shares Sold: $11,213,078.20
Number of Insider Stock Sales in the Last 180 Days: 17
Volume of Shares Sold: 59,774
Who Sold Shares: Chad T Jerdee (General Counsel), Daniel T London (Insider), David Rowland (CEO), David Rowland (Chairman), Ellyn Shook (Insider), Gianfranco Casati (Insider), Jean-Marc Ollagnier (Insider), Joel Unruch (General Counsel), Johan Deblaere (COO), Julie Spellman Sweet (CEO), Paula A Price (Director), Richard Lumb (Insider) and Richard P Clark (CAO)
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 and nCino, Inc. Accenture plc was founded in 1989 and is based in Dublin, Ireland.
#13 - DexCom (NASDAQ:DXCM)
Dollar Amount of Shares Sold: $22,452,211.30
Number of Insider Stock Sales in the Last 180 Days: 26
Volume of Shares Sold: 136,905
Who Sold Shares: Andrew K Balo (Insider), Donald Abbey (EVP), Heather S Ace (SVP), Jeffrey Moy (SVP), Kevin R Sayer (CEO), Mark G Foletta (Director), Nicholas Augustinos (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.
