Weekly CFO Buys Highlight: Martin Midstream Partners LP, Kingsway Financial Services Inc, and Micron Technology Inc.

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Jul 20, 2015

According to GuruFocus Insider Data, the recent CFO buys were: Martin Midstream Partners LP (MMLP, Financial), Kingsway Financial Services Inc. (KFS, Financial), and Micron Technology Inc. (MU, Financial).

Martin Midstream Partners LP (MMLP, Financial): Executive VP and CFO Robert D Bondurant bought 180 shares.

On 07/08/2015, Executive VP and CFO Robert D Bondurant bought 180 shares at an average price of $30.96. The price of the stock has increased by 2.07%. Martin Midstream Partners LP has a market cap of $1.12 billion and its shares were traded at around $31.60. The company has a P/S ratio of 0.71 with a dividend yield of 10.22%.

Martin Midstream Partners LP announced its 2015 first-quarter results with revenues of $305.35 million and gross profit of $101.54 million; the net income was $17.25 million. The 2014 total revenue was $1.64 billion, a 2% increase from the 2013 total revenue. The 2014 gross profit was $361.53 million, a 9% increase from the 2013 gross profit. The 2014 net income was $11.71 million.

On 07/08/2015, President and CEO, 10% Owner Ruben S Martin bought 453 shares at an average price of $30.96. The price of the stock has increased by 2.07%. On 07/08/2015, Executive Vice President/COO Randall Tauscher bought 72 shares at an average price of $30.96. The price of the stock has increased by 2.07%. On 05/21/2015, VP/General Counsel/Secretary Chris H Booth bought 3 shares at an average price of $35.72. The price of the stock has decreased by 11.53%.

Kingsway Financial Services Inc. (KFS, Financial): Executive VP, COO, and CFO William August Hickey Jr bought 252 shares

On 07/08/2015, Executive VP, COO, and CFO William August Hickey Jr bought 252 shares at an average price of $5.96. The price of the stock has decreased by 5.87%. Kingsway Financial Services Inc. has a market cap of $110.571 million and its shares were traded at around $5.61. The company has a P/S ratio of 0.64.

Kingsway Financial Services Inc. announced its 2015 first-quarter results with revenues of $43.70 million and gross profit of $16.0 million; the net income was $2.07 million. The 2014 total revenue was $188.02 billion, a 9% increase from the 2013 total revenue. The 2014 gross profit was $78.5 million, a 28% increase from the 2013 gross profit. The 2014 net income was $12.82 million.

On 07/08/2015, President and CEO Larry G Swets Jr. bought 349 shares at an average price of $5.96. The price of the stock has decreased by 5.87%. On 07/08/2015, Vice President Hassan Baqar bought 120 shares at an average price of $5.96. The price of the stock has decreased by 5.87%. On 07/08/2015, Senior Officer Hassan Raza Baqar, bought 120 shares at an average price of $5.96. The price of the stock has decreased by 5.87%.

Micron Technology Inc. (MU, Financial): CFO and VP, Finance Ernest E Maddock bought 5,000 shares

On 07/09/2015, CFO and VP, Finance Ernest E Maddock bought 5,000 shares at an average price of $17.5. The price of the stock has increased by 14.97%. Micron Technology Inc. has a market cap of $21.8 billion and its shares were traded at around $20.12. The company has a P/E ratio of 6.70 and P/S ratio of 1.42. Over the past 10 years, Micron Technology Inc. had an annual average earnings growth of 5.10%.

Micron Technology Inc. announced its 2015 second-quarter results with revenues of $3.85 billion and gross profit of $1.2 billion; the net income was $491 million. The 2014 total revenue was $16.36 billion, a 90% increase from the 2013 total revenue. The 2014 gross profit was $5.44 billion, a 194% increase from the 2013 gross profit. The 2014 net income was $3.05 billion.

On 06/09/2015, Vice President, R&D Scott J Deboer sold 39,087 shares at an average price of $25.01. The price of the stock has decreased by 19.55%. On 06/01/2015, Director Robert L Bailey sold 4,000 shares at an average price of $28.22. The price of the stock has decreased by 28.7%. On 04/22/2015, VP Memory Tech. & Solutions Brian Shirley sold 89,750 shares at an average price of $28.74. The price of the stock has decreased by 29.99%.