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The largest insider buys this week were Kirkland's Inc. (NASDAQ:KIRK), Chewy Inc. (NYSE:CHWY), Keurig Dr Pepper Inc. (NYSE:KDP) and Datadog Inc. (NASDAQ:DDOG).
Kirkland's president and chief operating officer bought 12,110 shares
President and COO Mike Cairnes bought 12,110 shares on Sept. 25 for an average price of $1.37. The share price has risen 8.76% since then.
Kirkland's is an American retail chain that focuses on marketing and selling home decor, furniture, textiles and accessories. The Brentwood, Tennessee-based company operates 434 stores in 37 states and is a component of the Standard & Poor's. The company has a market capitalization of $20.71 million; as of Sept. 27, it traded around $1.49.
On Sept. 5, Kirkland's reported financial results for the second quarter, which ended Aug. 3. Net sales for the quarter were $119.9 million, a 10.5% decrease from the prior-year quarter. The net loss for the quarter was $17.1 million, or $1.21 per diluted share, compared to a net loss of $6.7 million, or 43 cents per diluted share, in the yea-ago quarter.
Chewy director bought 3,500 shares
Director Sharon McCollam bought 3,500 shares on Sept. 20 for an average price of $27.5. The stock has gained 5.42% since then.
Chewy is an American retail company that focuses on marketing and distributing pet supplies. The company is a subsidiary of PetSmart and had an initial public offering in April. The company has a market capitalization of $10.37 billion; as of Sept. 27, it traded at $26.01.
On Sept. 17, Chewy reported financial results for the second quarter, which ended Aug. 4. Net sales for the quarter were $1.15 billion, an increase of 43% year over year. The gross margin was 23.6%, while net loss was $82.9 million. The adjusted Ebitda loss for the quarter was $29.2 million.
Keurig Dr Pepper chief human resources officer bought 6,000 shares
Chief Human Resources Officer Mary Beth Denooyer bought 6,000 shares on Sept. 24 for an average price of $27.01. Since then, the stock has declined 0.04%.
Keurig Dr Pepper is an American beverage conglomerate. Its East Coast division sells coffee, beverages and Keurig brewers. As of July 2018, the company also sells sodas, juices and other soft drinks from its Dr Pepper Snapple division in Texas. The company has a market capitalization of $37.98 billion; as of Sept. 27, it traded at $27.
On Sept. 26, Keurig Dr Pepper announced a long-term master licensing and distribution agreement with McDonald's USA for McCafe packaged coffee in the U.S. Under this agreement, the company will continue to be the exclusive manufacturer of McCafe K-Cup pods and will also be responsible for coffee sourcing, distribution and marketing beginning in the second half of 2020.