Posted on Monday, December 10th, 2018 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: $58,518,131.43
Number of Insider Stock Sales in the Last 180 Days: 28
Volume of Shares Sold: 650,113
Who Sold Shares: Carolyn M Tastad (Insider), David S Taylor (CEO), David S Taylor (Chairman), Deborah P Majoras (Insider), Gary A Coombe (Insider), Ioannis Skoufalos (Insider), Jon R Moeller (Vice Chairman), Juan Fernando Posada (Insider), Kathleen B Fish (Insider), Mary Theresa Grabowski (Insider), Price Matthew (Insider), R Alexandra Keith (Insider) 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 - Hormel Foods (NYSE:HRL)
Dollar Amount of Shares Sold: $12,451,555.13
Number of Insider Stock Sales in the Last 180 Days: 18
Volume of Shares Sold: 293,479
Who Sold Shares: Dakota A Pippins (Director), Deanna T Brady (Insider), Gary Jamison (VP), Glenn R Leitch (Insider), Glenn S Forbes (Director), James M Splinter (VP), James P Snee (Chairman), Kevin L Myers (Insider), Lori J Marco (VP), Luis G Marconi (Insider), Robert Nakasone (Director), Steven J Lykken (Insider), Susan K Nestegard (Director), Terrell K Crews (Director), Thomas R Day (EVP) and Thomas R Day (VP)
Hormel Foods Corporation produces and markets various meat and food products in the United States and internationally. The company operates through five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It offers various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products, such as canned luncheon meats, peanut butter, chilies, shelf-stable microwaveable meals, hash, stews, meat spreads, flour and corn tortillas, salsas, tortilla chips, and other products. The company also provides turkey products; nutritional food products and supplements; dessert and drink mixes; and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is based in Austin, Minnesota.
#3 - DexCom (NASDAQ:DXCM)
Dollar Amount of Shares Sold: $40,421,399.35
Number of Insider Stock Sales in the Last 180 Days: 34
Volume of Shares Sold: 327,916
Who Sold Shares: Andrew K Balo (EVP), Donald Abbey (EVP), Heather S Ace (SVP), Jacob Steven Leach (Insider), Jacob Steven Leach (SVP), Jeffrey Moy (SVP), Kevin R Sayer (CEO), Mark G Foletta (Director), Nicholas Augustinos (Director), Patrick Michael Murphy (SVP), Patrick Michael Murphy (VP), Quentin S Blackford (CFO), Richard Doubleday (EVP), Steven R Altman (Director), Steven Robert Pacelli (EVP) and Terrance H Gregg (Insider)
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 G5 mobile continuous glucose monitoring 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 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.
#4 - BJ's Restaurants (NASDAQ:BJRI)
Dollar Amount of Shares Sold: $22,859,354.84
Number of Insider Stock Sales in the Last 180 Days: 26
Volume of Shares Sold: 318,037
Who Sold Shares: Alex Puchner (Insider), Brian S Krakower (Insider), Gerald W Deitchle (Director), Greg Trojan (CEO), Gregory Levin (Insider), Kendra D Miller (VP), Kevin E Mayer (CMO), Kevin E Mayer (VP), Larry D Bouts (Director), Lon Ledwith (VP), Noah A Elbogen (Director) and Patrick Walsh (Director)
BJ's Restaurants, Inc. owns and operates casual dining restaurants in the United States. Its restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts. As of September 4, 2018, the company owned and operated 201 casual dining restaurants located in the 27 states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Rhode Island, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Washington. The company operates its restaurants under the BJ's Restaurant & Brewhouse, BJ's Restaurant & Brewery, BJ's Pizza & Grill, and BJ's Grill brand names. BJ's Restaurants, Inc. was founded in 1978 and is based in Huntington Beach, California.
#5 - Accenture (NYSE:ACN)
Dollar Amount of Shares Sold: $21,907,002.22
Number of Insider Stock Sales in the Last 180 Days: 24
Volume of Shares Sold: 133,074
Who Sold Shares: Arun Sarin (Director), Chad T Jerdee (General Counsel), Daniel T London (Insider), David Rowland (CFO), Ellyn Shook (Insider), Gianfranco Casati (Insider), Jean-Marc Ollagnier (Insider), Johan Deblaere (COO), Julie Spellman Sweet (Insider), 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.
#6 - O'Reilly Automotive (NASDAQ:ORLY)
Dollar Amount of Shares Sold: $78,373,887.64
Number of Insider Stock Sales in the Last 180 Days: 20
Volume of Shares Sold: 256,453
Who Sold Shares: Brad W Beckham (EVP), David E Oreilly (Chairman), Jason Lee Tarrant (SVP), Jeffrey Alan Lauro (SVP), Jeremy Adam Fletcher (SVP), John Raymond Murphy (Director), Lawrence P Oreilly (Director), Ronald Rashkow (Director), Rosalie Oreilly Wooten (Director), Scott E Kraus (SVP), Thomas Hendrickson (Director) and Thomas Mcfall (CFO)
O'Reilly Automotive, Inc., together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts, driveline parts, and engine parts; maintenance items comprising oil, antifreeze products, fluids, filters, wiper blades, lighting products, engine additives, and appearance products; and accessories, such as floor mats, seat covers, and truck accessories. Its stores offer auto body paint and related materials, automotive tools, and professional service provider service equipment. The company's stores also offer enhanced services and programs comprising used oil, oil filter, and battery recycling; battery, wiper, and bulb replacement; battery diagnostic testing; electrical and module testing; check engine light code extraction; loaner tool program; drum and rotor resurfacing; custom hydraulic hoses; professional paint shop mixing and related materials; and machine shops. Its stores provide do-it-yourself and professional service provider customers a selection of brand name, house brands, and private label products for domestic and imported automobiles, vans, and trucks. As of October 30, 2018, the company operated approximately 5,200 stores. O'Reilly Automotive, Inc. was founded in 1957 and is headquartered in Springfield, Missouri.
#7 - USANA Health Sciences (NYSE:USNA)
Dollar Amount of Shares Sold: $143,587,991.81
Number of Insider Stock Sales in the Last 180 Days: 40
Volume of Shares Sold: 1,131,279
Who Sold Shares: Daniel A Macuga (Insider), Feng Peng (Director), Frederic J Winssinger (Director), G Doug Iiekking (CFO), Gilbert A Fuller (Director), Global Ltd Gull (Major Shareholder), Jim Brown (COO), Joshua Foukas (Insider), Kevin Guest (Insider), Myron W Wentz (Director), Robert A Sinnott (Insider) and Walter Noot (Insider)
USANA Health Sciences, Inc. develops, manufactures, and sells science-based nutritional and personal care products primarily to reduce the risk of chronic degenerative disease. The company offers USANA nutritional products that comprise essentials/CellSentials, such as vitamin and mineral supplements that provide a foundation of total body nutrition for various age groups; optimizers comprising targeted supplements that are designed to meet cardiovascular, skeletal/structural, and digestive health needs; and foods that include low-glycemic meal replacement shakes, snack bars, and other related products, which provide macro-nutrition. It also provides Sensébeautiful science products, such as personal care products that support healthy skin and hair through topical nourishment, moisturization, and protection; and other products for prenatal, infant, and young child age groups. In addition, the company offers materials and online tools to assist associates in building their businesses, as well as in marketing products. It offers its products directly in the Asia Pacific, the Americas, and Europe. USANA Health Sciences, Inc. was founded in 1992 and is headquartered in Salt Lake City, Utah.
#8 - Boston Scientific (NYSE:BSX)
Dollar Amount of Shares Sold: $19,837,649.69
Number of Insider Stock Sales in the Last 180 Days: 20
Volume of Shares Sold: 540,734
Who Sold Shares: Arthur C Butcher (SVP), David A Pierce (EVP), Eric Francis Yves Thepaut (SVP), Jeffrey B Mirviss (SVP), John Bradley Sorenson (SVP), John E Sununu (Director), 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: Cardiovascular, Rhythm Management, and MedSurg. 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; and 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.
#9 - CarGurus (NASDAQ:CARG)
Dollar Amount of Shares Sold: $361,666,085.27
Number of Insider Stock Sales in the Last 180 Days: 126
Volume of Shares Sold: 7,628,410
Who Sold Shares: Anastasios Parafestas (Director), Argonaut 22 Llc (Major Shareholder), Ian G Smith (Director), Jason Trevisan (CFO), Kathleen Bender Patton (VP), Langley Steinert (CEO), Oliver Ian Chrzan (Insider), Oliver Ian Chrzan (VP), Samuel Zales (COO), Sarah Amory Welch (VP), Spinnaker Capital Llc (Major Shareholder), Stephen Kaufer (Director) and Thomas Michael Caputo (VP)
CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars worldwide. The company's marketplace enables users with third-party validation on pricing, dealer reputation, and other information. As of June 30, 2017, it had an active dealer network of approximately 40,000 dealers; and approximately 5.4 million car listings. The company was founded in 2005 and is headquartered in Cambridge, Massachusetts..
#10 - Semtech (NASDAQ:SMTC)
Dollar Amount of Shares Sold: $9,121,280.22
Number of Insider Stock Sales in the Last 180 Days: 23
Volume of Shares Sold: 174,755
Who Sold Shares: Asaf Silberstein (SVP), Emeka Chukwu (CFO), Gary Beauchamp (EVP), James Jungsup Kim (SVP), James T Lindstrom (Director), John Michael Wilson (EVP), Marc Pegulu (VP), Mark C Costello (VP), Mohan Maheswaran (Insider), Rockell N Hankin (Director), Simon A Brown (VP) 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.
#11 - Tableau Software (NYSE:DATA)
Dollar Amount of Shares Sold: $240,891,873.02
Number of Insider Stock Sales in the Last 180 Days: 44
Volume of Shares Sold: 2,213,311
Who Sold Shares: A Brooke Seawell (Director), Adam Selipsky (CEO), Adam Selipsky (Insider), Chris Stolte (Insider), Christian Chabot (Chairman), Damon A Fletcher (CFO), Daniel John Miller (EVP), Elissa Fink (CMO), Elissa Fink (Insider), Elliott H Jurgensen Jr (Director), Hilarie A Koplow (Director), John Mcadam (Director), Keenan Michael Conder (EVP) and William Bosworth (Director)
Tableau Software, Inc. provides business analytics software products. It offers Tableau Desktop, an analytics product that empowers people to access and analyze data; and Tableau Server, a business intelligence platform with data management and scalability to foster sharing of analytics, as well as to enhance the dissemination of information in an organization and promote decision-making. The company also provides Tableau Online, a hosted software-as-a-service version of Tableau Server; and Tableau Public, a cloud-based platform that allows various users, such as bloggers, journalists, researchers, and government workers to visualize public data on their Websites. In addition, it offers Visual Query Language (VizQL) for databases, which is a computer language for describing pictures of data, including graphs, charts, maps, time series, and tables of visualizations; Live Query Engine that interprets abstract queries generated by VizQL into syntax understandable by various database systems; and Hyper, an in-memory data engine technology that helps customers to analyze a range of data sets by evaluating analytical queries directly in the transactional database. Further, the company provides maintenance and support, training, and professional services. It serves organizations in various industries, including business services, energy and telecommunications, financial services, life sciences and healthcare, manufacturing and technology, media and entertainment, public sector, and education, as well as retail, consumer, and distribution industries. The company sells its products directly, as well as through indirect sales channels, such as technology vendors, resellers, original equipment manufacturers, and independent software vendor partners in the United States, Australia, Canada, China, France, Germany, India, Ireland, Japan, Singapore, the United Kingdom, and internationally. Tableau Software, Inc. was founded in 2003 and is headquartered in Seattle, Washington.
#12 - Torchmark (NYSE:TMK)
Dollar Amount of Shares Sold: $33,707,044.02
Number of Insider Stock Sales in the Last 180 Days: 15
Volume of Shares Sold: 382,201
Who Sold Shares: Bill Leavell (Insider), Carol A Mccoy (VP), Frank M Svoboda (CFO), Gary L Coleman (Chairman), James Matthew Darden (EVP), John Henry Rogers Jr (Insider), Larry M Hutchison (CEO), Paul J Zucconi (Director), Robert Brian Mitchell (EVP), Robert W Ingram (Director) and Vern D Herbel (EVP)
Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. It operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. The Life Insurance segment offers traditional and interest-sensitive whole life and term life insurance, and other life insurance. The Supplemental Health Insurance segment provides health insurance products comprising Medicare Supplements, critical illness, accident, and limited-benefit supplemental hospital and surgical coverages. The Annuities segment provides single-premium and flexible-premium deferred annuities. The company sells its products through sales by direct response, exclusive agents, and independent agents, as well as through direct mail, electronic media, and insert media. Torchmark Corporation was founded in 1900 and is headquartered in McKinney, Texas.
#13 - Franks International (NYSE:FI)
Dollar Amount of Shares Sold: $55,557,079.66
Number of Insider Stock Sales in the Last 180 Days: 28
Volume of Shares Sold: 6,852,762
Who Sold Shares: By-Pass Corporate Stock Trust (Major Shareholder), D Keith Mosing (Director), Erich Mosing (Major Shareholder), Gregory Stanton Mosing (Major Shareholder), Kendall Garrett Mosing (Major Shareholder), Melanie Christine Mosing (Major Shareholder), Michael Frank Mosing (Major Shareholder), Mosing Family Delaware Tr 2016 (Major Shareholder), Stephanie Mosing Godwin (Major Shareholder), Steven B Mosing (Director), Wbm Partnership, Lp (Major Shareholder) and William Bradford Mosing (Major Shareholder)
Frank's International N.V. provides various engineered tubular services for the oil and gas exploration and production, and oilfield services companies in the United States, Europe, the Middle East, Africa, Latin America, the Asia Pacific, and internationally. The company operates through four segments: International Services, U.S. Services, Tubular Sales, and Blackhawk. Its tubular services include the handling and installation of multiple joints of pipe to establish a cased wellbore; and the installation of smaller diameter pipe inside a cased wellbore to provide a conduit for produced oil and gas to reach the surface. The company also designs, manufactures, and sells outside diameter (OD) pipes, connectors, and casing attachments; and provides specialized fabrication and welding services in support of deep water projects, including drilling and production risers, flowlines and pipeline end terminations, and long length tubulars for use as caissons or pilings. In addition, it offers specialty well construction and well intervention services and products; and distributes OD pipes manufactured by third parties. Frank's International N.V. was founded in 1938 and is headquartered in Den Helder, the Netherlands.
