May 26, 2016

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Insider Buying Activity: O’Reilly Automotive Inc (NASDAQ:ORLY), Omega Healthcare Investors Inc (NYSE:OHI), Advance Auto Parts, Inc. (NYSE:AAP)

Insider Buying Activity: O’Reilly Automotive Inc (NASDAQ:ORLY), Omega Healthcare Investors Inc (NYSE:OHI), Advance Auto Parts, Inc. (NYSE:AAP)

Insider Trading is the buying or selling of a security by someone who has access to material, nonpublic information about the security. Insider trading is legal once the material information has been made public, at which time the insider has no direct advantage over other investors. The SEC, however, still requires all insiders to report all their transactions. So, as insiders have an insight into the workings of their company, it may be wise for an investor to look at these reports to see how insiders are legally trading their stock.

It isn’t a coincidence that corporate executives seem to always buy and sell at the right times. After all, the CEOs and CFOs of the world have access to every bit of company information you could ever want. This kind of information is extremely valuable to individual investors. For example, if insiders are buying shares in their own companies, they usually know something that normal investors do not. They might buy because they see great potential, a merger, acquisition or simply because they think their stock is undervalued.

Moving on to the first insider trade May 23, 2016 which involved BARTHOLOMEW TONY E, a SVP OF PROFESSIONAL SALES at O’Reilly Automotive Inc (NASDAQ:ORLY), who acquired 50 shares at $256.00 per share to put the total holding at 16,031 shares. Its shares currently owned by company management are 0.90% while institutional investors own about 91.70%. The 6-month change recorded in total insider ownership was -10.94%. On the other side, -0.69% change in total institutional ownership has been reported for the 3-month period.

Omega Healthcare Investors Inc (NYSE:OHI) saw an insider buy stock in the company on May 23. FRANKE THOMAS F, director of the company, bought 4,000 shares for $31.01 per share worth a total of $124,040. After this insider buying, FRANKE THOMAS F now has a total stake of 1,000 shares in the company. Its shares currently owned by company management are 1.20% while institutional investors own about 87.60%. The 6-month change recorded in total insider ownership was 0.99%. On the other side, 4.33% change in total institutional ownership has been reported for the 3-month period.

Advance Auto Parts, Inc. (NYSE:AAP) also received some insider trading action as Smith Jeffrey C, who is the company’s director added some 150,000 shares at a price of $152.73 per share to the holding that now comprises of 533,785 shares. Its shares currently owned by company management are 0.60% while institutional investors own about 99.30%. The 6-month change recorded in total insider ownership was 47.06%. On the other side, 0.54% change in total institutional ownership has been reported for the 3-month period.

 

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