Top Insider Buy Stocks: CLWR, VRX, FDML, MRK, PRTS
Friday, August 26, 2021 2:13 PM



Several stocks reported insider trading during the week, when the US market remained volatile. Few of these stocks are discussed here.

Clearwire Corp. (Nasdaq: CLWR): Chairman of the Board of Directors John W. Stanton acquired 2,755,000 shares of this wireless broadband services provider, paying $1.81 per share for a total amount of $4.9 million. He increased his stake by 347.12 percent to 3,548,670 shares with this purchase. Shares slumped 8.03 percent or 24 cents to trade at $2.75.

Valeant Pharmaceuticals International Inc. (NYSE: VRX): Shares of this company were acquired by two insiders. CEO J. Michael Pearson acquired 155,642 shares, paying $38.62 per share for a total amount of $6.01 million. He increased his stake by 2.87 percent to 5,570,503 shares with this purchase. President and COO Silva Rajiv De acquired 6,180 shares, paying $40.40 per share for a total amount of $249,666. He increased his stake by 2.62 percent to 241,758 shares with this purchase. Shares added 1.92 percent or 81 cents to trade at $42.91.

Federal-Mogul Corp. (Nasdaq: FDML): Director Carl C. Icahn acquired 305,890 shares of the company, paying $16.73 per share for a total amount of $5.1 million. These shares were purchased indirectly by Icahn Enterprises Holdings. This is the third purchase by Icahn. Shares were trading at $15.82, up 1.74 percent or 27 cents.

Merck & Co. (NYSE: MRK): Shares of this company were acquired by two insiders. President & CEO Kenneth C. Frazier acquired 32,000 shares, paying $31.78 per share for a total amount of $1.02 million. He increased his stake by 19.94 percent to 192,520 shares with this purchase. Executive Vice-President and CFO Peter N. Kellogg acquired 15,800 shares, paying $31.80 per share for a total amount of $502,366. He increased his stake by 41.36 percent to 53,999 shares with this purchase.

US Auto Parts Network, Inc. (Nasdaq: PRTS): CFO Theodore Sanders has made multiple insider purchases lately totaling about $125,000. His purchase price ranged from $6.08 on August 12, 2021 to $6.39 on August 16, 2011. Shares added 1.68 percent or 10 cents to trade at $6.07.


 

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