Insiders Purchase Shares at Plains GP, Barnes & Noble

A look at recent insider buys

Author's Avatar
Feb 12, 2016
Article's Main Image

The All-in-One Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "February 2016."

According to the above filters, the following are the recent buys from company insiders in the past week.

On Feb. 10, Greg Armstrong, chairman of the board and CEO of Plains GP Holdings LPĂ‚ (PAGP), bought 1,000,000 shares in the company at the price of $5.86 per share. Since then, the price of the stock has dropped by 3.9% to $5.63 per share.

The company has an insider ownership of 0.14% and an institutional ownership of 37.62%.

The company through its general partner is engaged in the transportation, storage, terminalling and marketing of crude oil, as well as in the processing, transportation, fractionation, storage and marketing of natural gas liquids.

During the last 12 months, the price of the stock has dropped by 80% and is now trading with a P/E ratio of 10.03. The price is 81.15% below its 52-week high and 19.28% above its 52-week low.

Jim Simons (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.21% of outstanding shares, followed by George Soros (Trades, Portfolio) with 0.1% and Michael Price (Trades, Portfolio) with 0.02%.

On Feb. 10, Bradford Whitmore, a 10% owner of Nanophase Technologies Corp. (NANX), bought 2,600,000 shares in the company at the price of 38 cents per share and a total cost of $998,000. Since then, the price of the stock has risen by 10.5% to 42 cents per share.

The company has an insider ownership of 15.76% and an institutional ownership of 1.37%.

The company is an advanced materials and applications developer and commercial manufacturer with an integrated family of nanomaterial technologies.

During the last 12 months, the price of the stock has dropped by 5% and is now trading with a P/B ratio of 3.82. The price is 25% below its 52-week high and 20% above its 52-week low.

On Feb. 26, Tencent Holdings Ltd., director and 10% owner of Glu Mobile Inc.Ă‚ (GLUU), bought 3,200,950 shares in the company at the price of $2.86 per share and a total cost of $9,154,720. Since then, the price of the stock has risen by 14.3% to $3.27 per share.

The company has an insider ownership of 3.23% and an institutional ownership of 67.85%.

It designs, markets and sells mobile games. It has developed and published a portfolio of casual and traditional games designed to appeal to a broad cross section of the subscribers served by its wireless carriers and other distributors, as well as to users of smartphones who purchase its games through direct-to-consumer digital storefronts.

During the last 12 months, the price of the stock has dropped by 34% and is now trading with a forward P/E ratio of 43.29. The price is 53.49% below its 52-week high and 65.15% above its 52-week low.

The company’s largest shareholder among the gurus is Jim Simons (Trades, Portfolio) with 0.99% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.32% and Paul Tudor Jones (Trades, Portfolio) with 0.02%.

On Feb. 5, SG VTB Holdings LLC, 10% owner of Turtle Beach Corp. (HEAR), bought 2,500,000 shares in the company at the price of $1.00 per share. Since then, the price of the stock has dropped by 2% to 98 cents per share.

The company has an insider ownership of 1.31% and an institutional ownership of 3.99%.

It is a premier audio company with experience in developing, commercializing and marketing audio technologies across addressable markets under the Turtle Beach and HyperSound brands.

During the last 12 months, the price of the stock has dropped by 61% and is now trading with a forward P/E ratio of 3.33. The price is 73.66% below its 52-week high and 7.69% above its 52-week low.

On Feb. 26, Abrams Capital Management, a 10% owner of Barnes & Noble Inc. (BKS), bought 1,694,503 shares in the company at the price of $8.00 per share and a total cost of $13,556,000. Since then, the price of the stock has risen by 2.4% to $8.19 per share.

The company has an insider ownership of 16.65% and an institutional ownership of 87.34%.

Barnes & Noble is a bookseller and a content, commerce and technology company providing customers access to trade books, textbooks, magazines, newspapers and other content across its multi-channel distribution platform.

During the last 12 months, the price of the stock has dropped by 49% and is now trading with a forward P/E ratio of 303.03. The price is 56.93% below its 52-week high and 12.97% above its 52-week low.

The company’s largest shareholder among the gurus is David Abrams (Trades, Portfolio) with 13.55% of outstanding shares, followed by Joel Greenblatt (Trades, Portfolio) with 1.449%, Jim Simons (Trades, Portfolio) with 0.95%, First Pacific Advisors (Trades, Portfolio) with 0.89%, Jeremy Grantham (Trades, Portfolio) with 0.82%, Michael Price (Trades, Portfolio) with 0.13%, Chuck Royce (Trades, Portfolio) with 0.11%, Mario Gabelli (Trades, Portfolio) with 0.07% and Paul Tudor Jones (Trades, Portfolio) with 0.05%.