Weekly CFO Buys Highlight: Ultra Clean Holdings Inc, Team Inc, Kingsway Financial Services Inc.

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Apr 27, 2015

According to GuruFocus Insider Data, the recent CFO buys were: Ultra Clean Holdings Inc. (UCTT, Financial), Team Inc. (TISI, Financial), and Kingsway Financial Services Inc. (KFS, Financial).

Ultra Clean Holdings Inc. (UCTT, Financial): President, CFO Kevin C. Eichler bought 10,000 shares

On 04/23/2015, President, CFO Kevin C. Eichler bought 10,000 shares at an average price of $5.65. The price of the stock has increased by 10.8% since. Ultra Clean Holdings Inc. has a market cap of $198.889 million and its shares were traded at around $6.26. The company has a P/E ratio of 16.20 and P/S ratio of 0.36.

Ultra Clean Holdings Inc. announced its 2014 fourth-quarter results with revenues of $120.02 million and gross profit of $18.36 million; the net income was $3.53 million. The 2014 total revenue was $513.96 million, a 16% increase from the 2013 total revenue. The 2014 gross profit was $73.13 million, a 9% increase from the 2013 gross profit. The 2014 net income was $11.36 million.

On 04/23/2015, CEO James P. Scholhamer bought 20,000 shares at an average price of $5.74. The price of the stock has increased by 9.06% since. On 03/04/2015, Director Clarence L. Granger sold 66,100 shares at an average price of $8.32. The price of the stock has decreased by 24.76 since. On 11/25/2014, SVP Asia Lavi Lev sold 3,668 shares at an average price of $8.67. The price of the stock has decreased by 27.8% since.

Team Inc. (TISI, Financial): Sr. Vice President and CFO Greg L. Boane bought 1,250 shares

On 04/17/2015, Sr. Vice President and CFO Greg L. Boane bought 1,250 shares at an average price of $40.02. The price of the stock has increased by 0.8% since. Team Inc. has a market cap of $838.620 million and its shares were traded at around $40.34. The company has a P/E ratio of 23.60 and P/S ratio of 1.07. Over the past 10 years, Team Inc. had an annual average earnings growth of 16.80%. GuruFocus rated Team Inc. the business predictability rank of 2.5-star.

Team Inc. announced its 2014 fourth-quarter results with revenues of $240.62 million and gross profit of $78.84 million; the net income was $17.37 million. The 2014 total revenue was $749.53 million, a 5% increase from the 2013 total revenue. The 2014 gross profit was $221.92 million, a 4% increase from the 2013 gross profit. The 2014 net income was $29.86 million.

On 04/23/2015, President and CEO Ted W. Owen sold 13,000 shares at an average price of $40.66. The price of the stock has decreased by 0.79% since. On 04/15/2015, Executive Chairman Philip J. Hawk sold 105,000 shares at an average price of $39.65. The price of the stock has increased by 1.74% since. On 02/13/2015, Exec VP and Chief Legal Counsel Andre C. Bouchard sold 2,270 shares at an average price of $39.39. The price of the stock has increased by 2.41% since.

Kingsway Financial Services Inc. (KFS, Financial): Executive VP, COO, and CFO William August Hickey Jr. bought 264 shares

On 04/17/2015, Executive VP, COO, and CFO William August Hickey Jr. bought 264 shares at an average price of $5.66. The price of the stock has decreased by 2.47% since. Kingsway Financial Services Inc. has a market cap of $108.798 million and its shares were traded at around $5.52. The company has a P/S ratio of 0.51.

Kingsway Financial Services Inc. announced its 2014 fourth-quarter results with revenues of $42.74 million and gross profit of $16.3 million; the net income was $711 thousand. The 2014 total revenue was $188.02 million, a 9% increase from the 2013 total revenue. The 2014 gross profit was $78.55 million, a 28% increase from the 2013 gross profit. The 2014 net income was $12.82 million.

On 04/17/2015, President and CEO Larry G. Jr. Swets bought 368 shares at an average price of $5.66. The price of the stock has decreased by 2.47% since. On 04/17/2015, Senior Officer William A. Hickey bought 264 shares at an average price of $5.66. The price of the stock has decreased by 2.47% since. On 04/17/2015, Senior Officer Hassan Raza Bagar bought 124 shares at an average price of $5.66. The price of the stock has decreased by 2.47% since.