Weekly Top Insider Buys Highlight for the Week of Nov. 24

The largest Insider Buys this week were for General Electric Co. ( GE ), Johnson Controls International PLC ( JCI ), Synchrony Financial ( SYF ), and Welltower Inc. ( HCN ).

General Electric Co. ( GE ): Director James S. Tisch bought 3,000,000 shares

Director James S. Tisch bought 3,000,000 shares of GE stock on Nov. 21 at the average price of $17.9. The price of the stock has increased by 1.62% since.

General Electric Co. is an American international conglomerate corporation and operates through multiple segments, including Power & Water, Oil and Gas, Aviation, Healthcare, and Transportation. The company has over 305,000 employees as of 2015 and ranked among the Fortune 500 as the 4th largest firm in the United States as of 2017. The company has a market cap of $157.75 billion, and as of Nov. 24 it traded at $18.19.

On Oct. 26 General Electric Co. announced the appointment of Max York as the new CEO of GE Australia. Mr. York has been promoted to the CEO role following fourteen years as the General Manager for GE Aviation in Indonesia, Australia, New Zealand, and the South Pacific. The appointment will be effective Nov. 1 after Mr. York's predecessor, Geoff Culbert, prepares to depart GE to take on the CEO role at Sydney Airport Corporation.

Johnson Controls International PLC ( JCI ): VP & Pres Global Products BT&S William C. Jackson bought 20,000 shares

VP & Pres Global Products BT&S William C. Jackson bought 20,000 shares of JCI stock on Nov. 21 at the average price of $36. The price of the stock has increased by 2.53% since.

Johnson Controls International PLC is an Irish international conglomerate that produces automotive parts such as batteries, electronics, and HVAC equipment for buildings. The company employs 170,000 people in more than 1,300 locations across six continents, and was listed 242nd in the Fortune Global 500. The company was formed via the merger of Johnson Controls with Tyco International, announced on Jan. 25, 2016. The company has a market cap of $34.25 billion, and as of Nov. 24 it traded at $36.91.

On Nov. 9 Johnson Controls International PLC reported fourth quarter and full year 2017 earnings. GAAP earnings were $0.93 per share for the quarter and $1.75 for the full year. Adjusted earnings per share for the quarter was $0.87, an increase of 14% compared to the same period prior year. Adjusted earnings per share for the full year was $2.60, an increase of 13% compared to the prior year.

Synchrony Financial ( SYF ): Director Olympia J. Snowe bought 3,000 shares

Director Olympia J. Snowe bought 3,000 shares of SYF stock on Nov. 17 at the average price of $33.4. The price of the stock has increased by 0.27% since.

Synchrony Financial is an American financial services provider. The company offers consumer financing products, such as credit, promotional financing, loyalty programs, and installment lending. The company is the largest provider of private label credit cards in the United States. The company has a market cap of $26.21 billion, and as of Nov. 24 it traded at $33.49.

On Oct. 20 Synchrony Financial reported third quarter 2017 results. Net earnings were $555 million, or $0.70 per diluted share. Net interest income increased 11% from the same quarter prior year to $3.9 billion and purchase volume increased 4% from the same quarter prior year. The company also announced a quarterly common stock dividend payment of $0.15 per share and repurchased $390 million of its common stock.

Welltower Inc. ( HCN ): Director Gary Whitelaw bought 1,420 shares

Director Gary Whitelaw bought 1,420 shares of HCN stock on Nov. 21 at the average price of $68.39. The price of the stock has decreased by 0.19% since.

Welltower Inc. is an American international real estate investment trust that specializes in seniors housing, assisted living and memory care communities, and medical office buildings. The company also owns hospitals and other healthcare properties outside the United States. It ranked 609th on the Fortune 1000 in 2016 and is a component of the S&P 500. The company has a market cap of $25.28 billion, and as of Nov. 24 it traded at $68.26

On Nov. 7 Welltower Inc. reported results for the third quarter of 2017, ended Sept. 30. Net income attributable to common stockholders was $0.20 per share and normalized FFO attributable to common stockholders as 1.08 per share. The company had $236 million of cash and cash equivalents and $2.6 billion of available borrowing capacity under its primary unsecured credit facility.

For the complete list of stocks that were bought by their company executives, go to: Insider Trades.

Disclosure: I do not own stock in any of the companies mentioned in the article.

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This article first appeared on GuruFocus .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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