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Last insider picks: Kellogg, Spectrum Brands

Enterprise Products Partners

A director at the company purchased 250,000 new shares last week. The deal was priced at $ 25.40 and $ 26.75 per share, totaling $ 6.5 million. Last week, the same director had already bought 400,000 shares in the company.

The Houston-based company released disappointing data at the end of January. Shares since early February are up 2% or 6% YTD. Analysts still recommend buying this stock.

Kellogg

Kellogg Company CEO Steve Cahillane is also expanding his exposure to the company. It has purchased more than 16,800 shares in the price range between $ 65.18 and $ 65.41. It cost him just over $ 1.1 million.

The company is based in Michigan and is involved in food packaging. The company posted better results but low expectations for the end of the year. However, the recommendation here is hold.

Spectrum Brands

Here again, the company’s CEO, David Maura, purchased 16,700 shares last week. The CFO of the company also bought 8,300 shares. The deal was between $ 59.38 and $ 60.37. The value is $ 1.5 million.

The company also publishes poor results. Shares in the announcement are down 2%. Analysts recommend stock purchases.


 Trader Martin Nikolov


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