Over the past week there were several companies reporting smaller insider buys along some large insider sells. The following insiders reported the largest insider buys over the past week. These transactions were judged based on the number of insiders buying, transaction amount and the amount of shares being purchased
Capitala Finance Corp (CPTA)
Over the past week two directors of Capitala Finance Corp reported large insider buys. These insiders added over 30,000 shares to their combined stake.
Director Paul Chapman made the smaller buy, adding 5,000 shares to his holdings. The insider bought these shares at $18.68 for a total transaction amount of $93,400. Since his buy the price per share has dropped approximately -1.18%. Chapman now holds on to 7,500 shares of the company’s stock.
Director Markham Broyhill made a significantly larger buy, adding 27,000 shares to his stake in the company. The director bought these shares at a smaller $18.55 per share for a total transaction of $500,850. Broyhill now holds on to over 301,221 shares of his company’s stock.
Capitala Finance is a business development company that invests primarily in traditional mezzanine, senior subordinated and unitranche debt, as well as senior and second-lien loans and, to lesser extent, equity securities issued by smaller and lower middle-market companies.
Capitala’s historical revenue and net income:
The analysis on Capitala reports that the company’s dividend yield is near a 1-year high, its payout ratio is too high, and that its P/E and P/S ratios are trading at near 1-year lows.
The Peter Lynch Chart suggests that the company is currently overvalued:
Capitala Finance has a market cap of $328.2 million. Its shares are currently trading at around $18.35 with a P/E ratio of 15.00, a P/S ratio of 5.70 and a P/B ratio of 0.90. The dividend yield of Capitala Finance is at 7.60%.
Horizon Bancorp (HBNC)
Over the past week five executive vice presidents of Horizon Bancorp Industries added holdings to their stakes. These insiders made their transactions at $21.81 per share and their specific buys are listed below.
David Rose: Added 1,388 shares for a total of $30,272. He now holds 104,911 shares.
Thomas Edwards: Added 2,063 shares for a total of $44,994. He now holds on to 77,010 shares.
James Neff: Bought 16,048 shares for a total of $350,007. He now owns 131,468 shares.
Kathie DeRuiter: Bought 5,478 shares for a total of $119,475. She now holds 11,896 shares.
Mark Secor: Added 6,648 shares for a total of $144,993. He now owns 29,086 shares.
Since these insiders made their buys the price per share has dropped -1.83% and is trading near its 52-week low price. In looking at Horizon’s Insider Trades page, these five executive vice presidents have a consistent past of purchasing shares as a group.
Horizon Bancorp Industries is a bank holding company. It provides a range of banking services in Northwestern and Central Indiana and Southwestern Michigan through its bank subsidiary, Horizon Bank, N.A.
Horizon Bancorp’s historical revenue and net income:
The analysis on Horizon reports that the company’s revenue per share has been in decline over the past three years, the company has issued $31.094 million of debt over the past three years and the company’s dividend yield is near a 2-year high.
The Peter Lynch Chart suggests that the company is currently undervalued:
Horizon Bancorp Industries has a market cap of $197 million. Its shares are currently trading at around $21.41 with a P/E ratio of 10.80, a P/S ratio of 2.30, and a P/B ratio of 1.20. The dividend yield of Horizon stock is at 2.00%, and the company has had an annual average earnings growth of 10.30% over the past ten years.
The Bancorp (TBBK)
Over the past week three directors as well as The Bancorp’s CEO made insider buys back into the company. These insiders made their buys as the company’s price has recently fallen to near its 52-week low.
Director Hersh Kozlov added 2,000 shares to his holdings at $11.50 per share. This cost him a total of $23,000. Since then the price per share has increased approximately 4.43%. Kozlov now holds on to 15,500 shares of the company’s stock.
CEO Betsy Cohen purchased 20,000 shares at $11.48 per share. This cost the CEO a total of $229,600, and since her buy the price per share has increased approximately 4.62%. Cohen now holds on to at least 1,203,000 shares of the company’s stock.
Director Michael Bradley added 5,000 shares to his holdings. He bought these shares at $11.40 per share for a total transaction amount of $57,000. Since his buy the price per share has increased approximately 5.35%. Bradley now holds on to at least 25,000 shares of the company’s stock.
Lastly, Director John Chrystal purchased 6,000 shares of The Bancorp. He added these shares at $11.39 per share for a total transaction amount of $68,340. Since his buy the price per share has increased approximately 5.44%. Chrystal now holds on to 8,500 shares of the company’s stock.
The Bancorp is a bank holding company with a wholly owned subsidiary, The Bancorp Bank. It provides commercial and retail banking services and related other banking services. It provides its services to organizations with a pre-existing customer base.
The Bancorp’s historical revenue and net income:
The analysis on The Bancorp reports that the company’s Piotroski F-Score is low, its price is trading at near a 1-year low and its P/B and P/S ratios are also trading at near historic lows.
The Peter Lynch Chart suggests that the company is currently overvalued:
The Bancorp has a market cap of $447.2 million. Its shares are currently trading at around $11.86 with a P/E ratio of 24.60, a P/S ratio of 2.40 and a P/B ratio of 1.20. The company had an annual average earnings growth of 25.10% over the past five years.
Check out more insider trades by looking at the GuruFocus Insider Trades Page.
