Fly Insider: Terex, Asbury Automotive Group among week’s notable insider trades

Welcome to “Fly Insider,” The Fly’s weekly recap of notable insider stock transactions.

NOTABLE INSIDER PURCHASES: Significant insider purchases reported in the prior week from December 11 through December 15 include:

• Beneficial owner of Occidental Petroleum (OXY) Warren Buffet purchased 10,482,162 shares of company stock at $56.16 per share for a total transaction amount of $588,674,025

• Director of Terex Corp (TEX) David Sachs purchased 50,000 shares of company stock at $51.05 per share for a total transaction amount of $2,552,250

• Director of RumbleON (RMBL) William Coulter purchased 860,822 shares of company stock at $5.50 per share for a total transaction amount of $4,734,521

• Chairman of Cibus (CBUS) Rory Riggs purchased 517,107 shares of company stock at $10.58 per share for a total transaction amount of $5,470,992

NOTABLE INSIDER SALES: Significant insider sales reported in the prior week from December 11 through December 15 include:

• CEO of Dolby Laboratories (DLB) Kevin Yeaman sold 18,060 shares of company stock at $89.17 per share for a total transaction amount of $1,610,435

• VP of American Airlines (AAL) Raja Vasu sold 7,545 shares of company stock at $14.30 per share for a total transaction amount of $107,894

• Officer of EyePoint Pharmaceuticals (EYPT) Michael Pine sold 46,000 shares of company stock at $21.97 per share for a total transaction amount of $1,010,790

• VP of Asbury Automotive Group (ABG) Daniel Clara sold 4,618 shares of company stock at $237.11 per share for a total transaction amount of $1,094,974

NOTABLE PRICE MOVEMENT AFTER INSIDER TRANSACTION: Shares of Terex Corp rose approximately 17% after director David Sachs purchased 50K shares of company stock at $51.05 per share, while shares of Asbury Automotive Group declined approximately 6% after VP Daniel Clara sold 4,618 shares of company stock at $237.11 per share for a total transaction amount of $1.09M.