Weekly CEO Buys Highlight
According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
Cantel Medical
Cantel Medical Corp. (NYSE:CMD) President and CEO George L. Fotiades bought 5,000 shares on Jan. 16 at a price of $61.17. The price of the stock has increased by 10.33% since.
Cantel Medical is a New Jersey-based manufacturer of hospital supplies for infection prevention, including endoscope disinfection, water purification systems for use in dialysis treatment and disposable supplies in the dental office.
The company has a market cap of $2.87 billion. Its shares traded at $67.49 with a price-earnings ratio of 67.90 as of Jan. 24. Net income was $5.77 million for the first quarter of fiscal year 2020 compared to $19.24 million in the prior-year period.
Senior Vice President and General Counsel Jeffrey Z. Mann bought 750 shares on Jan. 23 at a price of $67.3. The price of the stock has increased by 0.28% since.
Director Mark N. Diker bought 2,000 shares on Jan. 17 at a price of $62.43. The price of the stock has increased by 8.11% since.
OPKO Health
OPKO Health Inc. (NASDAQ:OPK) CEO, Chairman and 10% Owner Phillip Frost bought 72,262 shares during the past week at the average price of $1.61.
OPKO Health is a diversified biotechnology company that operates pharmaceutical and diagnostic development programs. It has a development and commercial supply pharmaceutical company, a global supply-chain operation and holding company and a specialty active pharmaceutical ingredients manufacturer in Israel.
The company has a market cap of $1.05 billion. Its shares traded at $1.58 as of Jan. 24. Net loss for the third quarter of 2019 was $62.01 million compared to a net loss of $27.66 million in the prior-year quarter.
Frost bought 50,000 shares on Jan. 8 at a price of $1.47; 50,000 shares on Jan. 10 at a price of $1.48; 50,000 shares on Jan. 13 at a price of $1.44; 22,262 shares on Jan. 17 at a price of $1.56; and 50,000 shares on Jan. 23 at a price of $1.63. The price of the stock has decreased by 3.07% since.
For the complete list of stocks bought by their company CEOs, go to: CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
Not a Premium Member of GuruFocus? Sign up for a free 7-day trial her
This article first appeared on GuruFocus.
