Over the past seven days we’ve seen several large insider buys as well as several coming from the companies’ CEOs. It is interesting to note when a CEO, or even a CFO, buys because these insiders supposedly have the most intimate knowledge of their company's workings.
The following four CEOs each come from various sectors of the market,but they each reported insider buys with transaction amounts valued at over $100,000.
Education Realty Trust (EDR)
Over the past week both the CEO and CFO of Education Realty Trust made notable insider buys.
CEO and President Randy Churchey made the larger buy, adding 20,000 to his stake. The insider bought these shares at an average price of $8.99 per share for a total transaction amount of $179,800. Since his buy the price per share has increased 1.67%. The CEO now holds on to at least 283,280 shares of company stock.
Executive VP, CFO and Treasurer Randall Brown made the smaller buy, adding 5,500 shares to his stake. The CFO bought his shares at an average price of $9.04 per share for a total transaction amount of $179,800. Since his buy, the price per share has increased approximately 1.11%. The CFO now holds on to at least 99,346 shares of company stock.
These buys come as EDR’s price has risen slightly from its 52-week low.
Education Realty Trust develops, acquires, owns and manages student housing communities located near university campuses. The company currently owns or manages 67 communities in 24 states with 37,060 beds within 12,359 units.
EDR’s historical revenue and net income:
The company recently released its pre-leasing statistics. The statistics highlighted a fall 2013 same-community pre-leasing occupancy of 93.6%, a 290 basis point improvement from last year. EDR also reported that their new communities, representing eleven communities, are at a 94% preleasing occupancy.
Education Realty Trust has a market cap of $1.06 billion. Its shares are trading at around $9.17 with a P/E ratio of 90.80, a P/S ratio of 6.20 and a P/B ratio of 1.40. The company currently holds a dividend yield of 4.50%.
There are currently five gurus that hold a position in Education Realty Trust.
Big Lots (BIG)
Over the past week CEO and President David Campisi made a significant insider buy. His buy represents the first insider buy for the company over the past five years. Campisi bought a total of 2,800 shares as they were trading at $35.94 per share. This cost the CEO a total of $100,632. Since his buy the price per share has increased about 2.75%. Campisi now holds approximately 78,400 shares of Big Lots’ stock.
Big Lots is the U.S.’s largest broadline closeout retailer. The company has five operating segments: merchandising, purchasing, site selection, distribution and cost-containment.
Big Lots’ historical revenue and net income:
The company’s second quarter results reported:
· Income from continuing operations was $18.1 million, or $0.31 per diluted share.
· U.S. net sales increased 0.4% to $1.188 billion, compared to $1.183 billion last year.
· Canadian net sales increased 8.2% to $37.9 million.
The Peter Lynch Chart suggests that the company is currently undervalued:
Big Lots has a market cap of $2.18 billion. Its shares were traded at around $37.31 with a P/E ratio of 13.10, a P/S ratio of 0.40 and a P/B ratio of 2.60. The company had an annual average earnings growth of 20.6% over the past ten years.
GuruFocus rated Big Lots the business predictability rank of 3.5-star.
There are currently seven gurus that hold a position in BIG.
Hanmi Financial (HAFC)
Over the past week there were two insiders making transactions in Hanmi Financial. President and CEO Chong Guk Kum made a rather large insider buy whereas Director Joseph Rho made a minor sell of his stake in Hanmi.
On Sept. 12 President and CEO Chong Guk Kum bought 20,000 shares of Hamni Financial at a price of $16.17 per share. This transaction cost him a total of $323,400. Since his buy, the price per share has increased approximately 2.98%. Guk Kum now holds on to 76,832 shares of company stock.
Director Joseph Rho made a much smaller sell, selling 4,000 shares. He sold these shares at an average price of $16.09 per share. This brought in $64,360 for the director. Since his sell, the price per share has increased an additional 2.98%. Rho holds on to at least 360,566 shares of company stock.
The company has seen an increase in insider buying as the price is nearing its 3-year high.
Hanmi Bank is a community bank that specializes in providing full financial services to multi-ethnic customers in California. The bank provides services in commercial, SBA, trade finance and consumer lending throughout its 27 offices in Calif.
Hanmi Bank’s historical revenue and net income:
The analysis on Hanmi Bank reports that the bank’s revenue has been in decline over the past five years, that its price is nearing a 3-year high, its dividend yield is at a 10-year low and that its interest coverage is currently comfortable.
The Peter Lynch Chart suggests that the company is currently undervalued:
Hanmi Financial has a market cap of $532.6 million. Its shares are currently trading at around $16.83 with a P/E ratio of 11.40, a P/S ratio of 4.00 and a P/B ratio of 1.30.
Jim Simons is the only guru that holds a position in Hamni Financial.
Clean Energy Fuels (CLNE)
On Sept. 12 President and CEO Andrew Littlefair made a notable buy of his company’s stock. The CEO purchased a total of 127,000 shares at an average price of $12.69 per share. This transaction cost Littlefair a total of $1,611,630. Since his buy the price per share has increased approximately 2.44%. Littlefair now holds on to at least 477,049.
Littlefair’s buy is the first insider buy reported for the company since Dec. 2012.
Clean Energy Fuels sells natural gas fueling solutions to its customers mainly in the U.S. and Canada. The company also provides natural gas solutions for vehicle fleets.
Clean Energy Fuels’ historical revenue and net income:
The company recently announced some significant deals in its trucking, transit and manufacturing segments:
· The LA Metro signed a 10-year deal to solidify Clean Energy as their exclusive CNG fuel partner for the nation’s largest clean air fleet.
· Fox Transportation signed Clean Energy’s largest single order and deployment of medium-duty CNG trucks for delivery services in the U.S.
· The company signed the first of its kind fuel deal with NG Advantage to bring natural gas to manufacturing and other energy intensive users beyond the pipeline.
The analysis on Clean Energy Fuels reports that the company’s revenue has slowed down over the past year, they have issued $331.346 million of debt and that its P/B ratio is nearing a 1-year low.
Clean Energy Fuels has a market cap of $1.16 billion. Its shares are currently trading at around $13.00 with a P/S ratio of 3.20 and a P/B ratio of 2.10.
You can view a complete list of CEO buys and sells here.
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The following four CEOs each come from various sectors of the market,but they each reported insider buys with transaction amounts valued at over $100,000.
Education Realty Trust (EDR)
Over the past week both the CEO and CFO of Education Realty Trust made notable insider buys.
CEO and President Randy Churchey made the larger buy, adding 20,000 to his stake. The insider bought these shares at an average price of $8.99 per share for a total transaction amount of $179,800. Since his buy the price per share has increased 1.67%. The CEO now holds on to at least 283,280 shares of company stock.
Executive VP, CFO and Treasurer Randall Brown made the smaller buy, adding 5,500 shares to his stake. The CFO bought his shares at an average price of $9.04 per share for a total transaction amount of $179,800. Since his buy, the price per share has increased approximately 1.11%. The CFO now holds on to at least 99,346 shares of company stock.
These buys come as EDR’s price has risen slightly from its 52-week low.
Education Realty Trust develops, acquires, owns and manages student housing communities located near university campuses. The company currently owns or manages 67 communities in 24 states with 37,060 beds within 12,359 units.
EDR’s historical revenue and net income:
The company recently released its pre-leasing statistics. The statistics highlighted a fall 2013 same-community pre-leasing occupancy of 93.6%, a 290 basis point improvement from last year. EDR also reported that their new communities, representing eleven communities, are at a 94% preleasing occupancy.
Education Realty Trust has a market cap of $1.06 billion. Its shares are trading at around $9.17 with a P/E ratio of 90.80, a P/S ratio of 6.20 and a P/B ratio of 1.40. The company currently holds a dividend yield of 4.50%.
There are currently five gurus that hold a position in Education Realty Trust.
Big Lots (BIG)
Over the past week CEO and President David Campisi made a significant insider buy. His buy represents the first insider buy for the company over the past five years. Campisi bought a total of 2,800 shares as they were trading at $35.94 per share. This cost the CEO a total of $100,632. Since his buy the price per share has increased about 2.75%. Campisi now holds approximately 78,400 shares of Big Lots’ stock.
Big Lots is the U.S.’s largest broadline closeout retailer. The company has five operating segments: merchandising, purchasing, site selection, distribution and cost-containment.
Big Lots’ historical revenue and net income:
The company’s second quarter results reported:
· Income from continuing operations was $18.1 million, or $0.31 per diluted share.
· U.S. net sales increased 0.4% to $1.188 billion, compared to $1.183 billion last year.
· Canadian net sales increased 8.2% to $37.9 million.
The Peter Lynch Chart suggests that the company is currently undervalued:
Big Lots has a market cap of $2.18 billion. Its shares were traded at around $37.31 with a P/E ratio of 13.10, a P/S ratio of 0.40 and a P/B ratio of 2.60. The company had an annual average earnings growth of 20.6% over the past ten years.
GuruFocus rated Big Lots the business predictability rank of 3.5-star.
There are currently seven gurus that hold a position in BIG.
Hanmi Financial (HAFC)
Over the past week there were two insiders making transactions in Hanmi Financial. President and CEO Chong Guk Kum made a rather large insider buy whereas Director Joseph Rho made a minor sell of his stake in Hanmi.
On Sept. 12 President and CEO Chong Guk Kum bought 20,000 shares of Hamni Financial at a price of $16.17 per share. This transaction cost him a total of $323,400. Since his buy, the price per share has increased approximately 2.98%. Guk Kum now holds on to 76,832 shares of company stock.
Director Joseph Rho made a much smaller sell, selling 4,000 shares. He sold these shares at an average price of $16.09 per share. This brought in $64,360 for the director. Since his sell, the price per share has increased an additional 2.98%. Rho holds on to at least 360,566 shares of company stock.
The company has seen an increase in insider buying as the price is nearing its 3-year high.
Hanmi Bank is a community bank that specializes in providing full financial services to multi-ethnic customers in California. The bank provides services in commercial, SBA, trade finance and consumer lending throughout its 27 offices in Calif.
Hanmi Bank’s historical revenue and net income:
The analysis on Hanmi Bank reports that the bank’s revenue has been in decline over the past five years, that its price is nearing a 3-year high, its dividend yield is at a 10-year low and that its interest coverage is currently comfortable.
The Peter Lynch Chart suggests that the company is currently undervalued:
Hanmi Financial has a market cap of $532.6 million. Its shares are currently trading at around $16.83 with a P/E ratio of 11.40, a P/S ratio of 4.00 and a P/B ratio of 1.30.
Jim Simons is the only guru that holds a position in Hamni Financial.
Clean Energy Fuels (CLNE)
On Sept. 12 President and CEO Andrew Littlefair made a notable buy of his company’s stock. The CEO purchased a total of 127,000 shares at an average price of $12.69 per share. This transaction cost Littlefair a total of $1,611,630. Since his buy the price per share has increased approximately 2.44%. Littlefair now holds on to at least 477,049.
Littlefair’s buy is the first insider buy reported for the company since Dec. 2012.
Clean Energy Fuels sells natural gas fueling solutions to its customers mainly in the U.S. and Canada. The company also provides natural gas solutions for vehicle fleets.
Clean Energy Fuels’ historical revenue and net income:
The company recently announced some significant deals in its trucking, transit and manufacturing segments:
· The LA Metro signed a 10-year deal to solidify Clean Energy as their exclusive CNG fuel partner for the nation’s largest clean air fleet.
· Fox Transportation signed Clean Energy’s largest single order and deployment of medium-duty CNG trucks for delivery services in the U.S.
· The company signed the first of its kind fuel deal with NG Advantage to bring natural gas to manufacturing and other energy intensive users beyond the pipeline.
The analysis on Clean Energy Fuels reports that the company’s revenue has slowed down over the past year, they have issued $331.346 million of debt and that its P/B ratio is nearing a 1-year low.
Clean Energy Fuels has a market cap of $1.16 billion. Its shares are currently trading at around $13.00 with a P/S ratio of 3.20 and a P/B ratio of 2.10.
You can view a complete list of CEO buys and sells here.
Try a free 7-day premium membership.
