Anthony Reardon (Insider Trades), CEO and chairman of Ducommun Inc. (DCO), an engineering and manufacturing company serving aerospace, defense and other industries,Ă‚ bought 3,000 shares of the company on Nov. 16. The average price per share was $16.28, for a total transaction of $48,840.
Ducommun has a market cap of $179.66 million and a P/S ratio of 0.26.
There were seven insider buys in the company in 2012 and only one in 2015, following a two-year period of no Ducommun insider buys. This two-year period correlates to an increase in month-end price for the company. The amount of insider sells increased from 0 to 11 transactions of 48,819 shares in 2012 to 2013 then decreased in the two subsequent years after. 
Reardon bought 14,000 shares in four transactions and sold 15,000 shares in two transactions since June 2010. For more information about insider transactions with DCO, click here.
Ducommun reported net revenues of $161.670 million in the third quarter of 2015. This is down from net revenue of $188.164 in third quarter of 2014. Despite the decrease in third quarter revenue found when comparing 2014 to 2015, annual revenue for Ducommun has increased 15.39% since 2010. 
Net income also decreased during this time from $2.933 million, or 27 cents per share, to -$9.515 million, or -86 cents per share. Ducommun announced an agreement with Pasternack Enterprises Inc., a leading provider of radio frequency, microwave and millimeter wave products. Under the agreement, Ducommun’s radio frequency products are made available under the Pasternack brand 24/7 to customers with online purchasing and same-day shipping. Reardon commented that this partnership will allow Ducommun’s products to be “conveniently available” to customers and will allow Ducommun to reach radio frequency customers in “medical, research and development and colleges and universities.”
The company also announced a multiyear award from the Boeing Company (BA) to produce position sensors, also known as resolvers, for the United States Navy’s and United Kingdom Navy’s Trident Navigation Systems. Operation is expected to last through 2017.
According to GuruFocus information, Ducommun has a business predictability rank of 1 out of 5 stars. For more information about business predictability rank, click here.
Two gurus reduced their stakes while one increased his stake in the company during the third quarter of 2015. Jim Simons (Trades, Portfolio) and Chuck Royce (Trades, Portfolio) reduced their stakes in the company by 4.5% and 39.24%. On the other hand, Richard Snow (Trades, Portfolio) increased his stake by less than 1%, after increasing his stake in the company by 70.94% in the previous quarter. All three holdings have a negative total estimated gain. For more information about guru trades with Ducommun, click here.
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