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Chairman & CEO of WMS Industries Brian Gamache Buys 16,400 Shares

August 10, 2012 | About:
hyperman299

GuruFocus

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Chairman & CEO of WMS Industries Inc. (WMS) Brian R. Gamache bought 16,400 shares on 08/08/2012 at an average price of $15.09. The total transaction amount is $247,476. WMS Industries Inc. current businesses are reported in the following three operating segments: gaming; pinball and cabinets; and contract manufacturing. WMS Industries Inc. has a market cap of $999.5 million; its shares were traded at around $15.7 with a P/E ratio of 13.4 and P/S ratio of 1.3. WMS Industries Inc. had an annual average earnings growth of 24.7% over the past 10 years. GuruFocus rated WMS Industries Inc. the business predictability rank of 3-star.

Mr. Brian R. Gamache serves as the Chief Executive Officer and President of WMS Gaming Inc., a subsidiary of WMS Industries Inc. Mr. Gamache has been the Chief Executive Officer of WMS Industries Inc. since April 2000. He served as the President of WMS Industries Inc. from June 2001 to July 1, 2007, and as the Chief Operating Officer of WMS Industries Inc. from April 2000 to June 2001.

Aside from CEO Brian Gamache, Director Edward W. Rabin bought 3,750 shares of WMS stock on 08/09/2012 at the average price of 15.93. Edward W. Rabin owns at least 67,883 shares after this. The price of the stock has decreased by 1.44% since.

WMS has an average revenue growth of 15.5% annually for the past 10 years. For the past five years, the company has seen an annual average revenue growth of 7.4%. Earnings per share were positive for 8 out of the last 10 years, with the company seeing some losses in 2003 and 2004. WMS holds $105 million in cash, and does not have any long-term debt.

One guru holds a position in WMS Industries. Joel Greenblatt owns 52,912 shares as of 03/31/2012, a decrease of 47.53% of from the previous quarter. This position accounts for 0.11% of the $1.15 billion portfolio of Gotham Capital.

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  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
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  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Rating: 2.7/5 (3 votes)

Comments

Dr. Paul Price
Dr. Paul Price premium member - 9 months ago

http://realmoneypro.thestreet.com/articles/08/08/2012/good-bet-casino-space

I wrote positively about WMS as a great buy the same morning the CEO bought his shares.

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