Weekly Top Insider Buys Highlight for the Week of Dec. 1

- By Shuda Xia

The largest Insider Buys this week were for KeyCorp. (KEY), Pentair PLC (PNR), Patterson Companies Inc. (PDCO), and Realogy Holdings Corp. (RLGY).

Noble Energy Inc. (NBL): Exec. VP Operations Gary W. Willingham bought 30,000 shares

Exec. VP Operations Gary W. Willingham bought 30,000 shares of NBL stock on Nov. 29 at the average price of $26. The price of the stock has increased by 3.85% since.


Noble Energy Inc. is an American international petroleum and natural gas exploration and production company that is ranked number 703 on the Fortune 1000. As of December 31, 2016, the company had 1.437 billion barrels of equivalent of proved reserves, of which 68% was in the U.S., 23% in Israel, and 9% in Equatorial Guinea. The company has a market cap of $13.14 billion, and as of Dec. 1 it traded at $27.00.

On Oct. 30 Noble Energy Inc. announced third quarter 2017 results. Net loss attributable to the company was $136 million, or $0.28 per diluted share. The company also reported adjusted EBITDAX of $601 million for the quarter. The sales volume for the third quarter was 355,000 barrels of oil equivalent per day, up 10 thousand barrels of oil equivalent per day from the midpoint of original guidance.

Pentair PLC (PNR): Director Fund Management, L.P. Trian bought 9,966 shares

Director Fund Management, L.P. Trian bought 9,966 shares of PNR stock on Nov. 27 at the average price of $69.22. The price of the stock has increased by 1.4% since.

Pentair PLC is an international industrial company incorporated in Ireland with tax residency un the United Kingdom. Half of the company"s revenue is derived from the United States, where it was founded, in 2015. The company focuses on water and fluid controls used in the energy, manufacturing, infrastructure, and food and beverage industries. The company has a market cap of $12.75 billion, and as of Dec. 1 it traded at $70.19.

On Oct. 24 Pentair PLC reported third quarter 2017 results. Sales for the quarter were $1.2 billion, up 1% compared to sales for the same period prior year. Excluding currency translation and acquisitions, core sales declined 1%. Earnings per diluted share were $0.69 compared to $0.64 for the same period prior year. Adjusted earnings per share were $0.95 for the quarter, compared to $0.78 for the third quarter 2016.

Patterson Companies Inc. (PDCO): Director John D. Buck bought 2,834 shares

Director John D. Buck bought 2,834 shares of PDCO stock on Nov. 24 at the average price of $34.93. The price of the stock has increased by 1.37% since.