Weekly CFO Buys Highlight: CareTrust REIT, Hertz Global Holdings, Harvard Apparatus Regenerative Technology

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Aug 24, 2015

According to GuruFocus Insider Data, the recent CFO buys were: CareTrust REIT Inc. (CTRE, Financial), Hertz Global Holdings Inc. (HTZ, Financial) and Harvard Apparatus Regenerative Technology Inc. (HART, Financial).

CareTrust REIT: CFO, Secretary and Treasurer William M. Wagner bought 35,000 shares

On Aug. 13, CFO, Secretary and Treasurer William M. Wagner bought 35,000 shares at an average price of $10.5. The price of the stock has increased by 14.57%. CareTrust REIT Inc. has a market cap of $382.691 million and its shares were traded at around $12.03. The company has a P/E ratio of 48.90 and P/S ratio of 4.87 with a dividend yield of 3.70%.

CareTrust REIT Inc. announced its 2015 second-quarter results with revenues of $17.14 million and gross profit of $15.29 million; the net income was $2.27 million. The 2014 total revenue was $58.84 million, a 21% increase from the 2013 total revenue. The 2014 gross profit was $51.64 million, a 24% increase from the 2013 gross profit. The 2014 net income was $8.14 million.

On Aug. 13, President, Chairman and CEO Gregory K. Stapley bought 50,000 shares at an average price of $10.5. The price of the stock has increased by 14.57%. On Aug, 13, Vice President of Operations David M. Sedgwick bought 19,000 shares at an average price of $10.5. The price of the stock has increased by 14.57%. On Aug. 13, Director Jon D. Kline bought 25,000 shares at an average price of $10.5. The price of the stock has increased by 14.57%.

Hertz Global Holdings: Senior Executive VP and CFO Thomas C. Kennedy bought 25,000 shares

On Aug. 13, Senior Executive VP and CFO Thomas C. Kennedy bought 25,000 shares at an average price of $18.24. The price of the stock has decreased by 5.15%. Hertz Global Holdings Inc. has a market cap of $7.94 billion and its shares were traded at around $17.30. The company has a P/S ratio of 0.71. Over the past 10 years, Hertz Global Holdings had an annual average earnings growth of 0.40%.

Hertz Global Holdings announced its 2015 second-quarter results with revenues of $2.69 billion and gross profit of $1.19 billion; the net income was $23 million. The 2014 total revenue was $11.05 billion, a 3% increase from the 2013 total revenue. The 2014 gross profit was $4.73 billion, a 5% decrease from the 2013 gross profit. The 2014 net income was $82 million.

On Aug. 13, President and CEO John P. Tague bought 100,000 shares at an average price of $18.06. The price of the stock has decreased by 4.21%. On Aug. 13, Sr Ex VP, Chief Admin and GC Thomas J. Sabatino Jr. bought 15,000 shares at an average price of $18.05. The price of the stock has decreased by 4.16%. On Aug. 13, Exec VP and CIO Tyler Best bought 27,450 shares at an average price of $18.32. The price of the stock has decreased by 5.57%.

Harvard Apparatus Regenerative Technology: CFO Thomas McNaughton bought 100,000 shares

On Aug. 21, CFO Thomas Mcnaughton bought 100,000 shares at an average price of $0.66. Harvard Apparatus Regenerative Technology has a market cap of $9.378 million and its shares were traded at around $0.78. The company has a P/S ratio of 39.00.

Harvard Apparatus Regenerative Technology announced its 2014 fourth-quarter results with revenues of $45,000 and gross profit of $22,000; the net income was $2.62 million. The 2014 total revenue was $93,000, a 323% increase from the 2013 total revenue. The 2014 gross profit was $45,000, a 309% increase from the 2013 gross profit. The 2014 net income was $11.06 million.

On Aug. 21, President and CEO James Joseph McGorry bought 31,300 shares at an average price of $0.74. On June 4, Director John F. Kennedy bought 1,000 shares at an average price of $2.13. On June 3, Director David Green bought 23,400 shares at an average price of $1.98.