May 16, 2016

Posted by in Stock Reports | 0 Comments

Insider Buys Are Telling Something: Colgate-Palmolive Company (NYSE:CL), Yelp Inc (NYSE:YELP), Parsley Energy Inc (NYSE:PE)

Insider Buys Are Telling Something: Colgate-Palmolive Company (NYSE:CL), Yelp Inc (NYSE:YELP), Parsley Energy Inc (NYSE:PE)

Insider trading is defined as a practice wherein trade of a company’s securities is undertaken by people who by virtue of their work have access to the otherwise non public information which can be crucial for making investment decisions.

In order to be able to use insider transactions to help you invest more wisely, you need to know the importance of the dollar value of the insider transactions you are watching. Continual purchases over the span of a few weeks tend to mean the insider is trying to buy in a big way. Also, keep things in perspective by understanding how much of an increase or decrease in the amount of shares owned will occur because of this transaction. The proportionate sizes of the transaction are extremely important.

Colgate-Palmolive Company (NYSE:CL) saw an insider sell on May 11, 2016 that may make shareholders worried. HUSTON JOHN J, Sr. VP Office of the Chairman, sold 14,000 shares at $72.23 a piece. The total sale came to $1,011,265, leaving the total count to 87,843 shares. Its shares currently owned by company management are 0.30% while institutional investors own about 75.10%. The 6-month change recorded in total insider ownership was -21.79%. On the other side, -1.32% change in total institutional ownership has been reported for the 3-month period.

Moving on to the second insider trade which involved Donaker Geoffrey L, a Chief Operating Officer at Yelp Inc (NYSE:YELP) sold 6,000 shares at $26.17 per share. Its shares currently owned by company management are 2.00% while institutional investors own about 92.30%. The 6-month change recorded in total insider ownership was -8.82%. On the other side, -3.68% change in total institutional ownership has been reported for the 3-month period.

Parsley Energy Inc (NYSE:PE) also received some insider trading action as Smith Brad C., who the company’s See Remarks is sold some 10,000 shares at a price of $25.42 per share to the holding that now comprises of 44,100 shares. Its shares currently owned by company management are 9.10% while institutional investors own about 83.00%. The 6-month change recorded in total insider ownership was -3.70%. On the other side, 3.92% change in total institutional ownership has been reported for the 3-month period.

 

 

 

 

 

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