Weekly CFO Buys Highlight: Radian Group, Zions Bancorp, Talmer Bancorp

Recent insider buys from company CFOs

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Feb 08, 2016
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According to GuruFocus Insider Data, the recent CFO buys were: Radian Group Inc. (RDN, Financial), Zions Bancorp (ZION, Financial) and Talmer Bancorp Inc. (TLMR, Financial).

Radian Group Inc.: EVP and CFO J Franklin Hall bought 5,000 shares

On Feb. 3, Hall bought 5,000 shares at an average price of $9.9. The price of the stock has increased by 7.58%. Radian Group Inc. has a market cap of $2.08 billion and its shares were traded at around $10.65. The company has a P/E ratio of 4.00 and P/S ratio of 2.16 with a dividend yield of 0.09%.

Radian Group Inc. announced its 2015 third quarter results with revenues of $297.29 million and gross profit of $230.22 million, while the net income was $70.09 million. The 2014 total revenue was $1.07 billion, a 43% increase from the 2013 total revenue. The 2014 gross profit was $802.16 million, a 406% increase from the 2013 gross profit. The 2014 net income was $959.52 million.

On Feb. 3, CEO Sanford A Ibrahim bought 25,000 shares at an average price of $10.11. The price of the stock has increased by 5.34%. On Feb. 3, Non-Exec Chairman of the Board Herbert Wender bought 5,000 shares at an average price of $10. The price of the stock has increased by 6.5%. On Feb. 3, Chief Accounting Officer Catherine Mary Jackson bought 34,000 shares at an average price of $10.19. The price of the stock has increased by 4.51%.

Zions Bancorp: CFO Paul E. Burdiss bought 25,000 shares

On Jan. 28, Burdiss bought 25,000 shares at an average price of $22.16. The price of the stock has decreased by 2.39%. Zions Bancorp has a market cap of $4.63 billion and its shares were traded at around $21.63. The company has a P/E ratio of 19.70 and P/S ratio of 2.12 with a dividend yield of 1.02%.

Zions Bancorp announced its 2015 third quarter results with revenues of $587.04 million, while the net income was $101 million. The 2014 total revenue was $2.36 billion, a 4% increase from the 2013 total revenue. The 2014 net income was $398.46 million.

On Jan. 29, CEO Harris H Simmons bought 50,000 shares at an average price of $22.67. The price of the stock has decreased by 4.59%. On Feb. 3, Executive Vice President Julie G Castle sold 6,298 shares at an average price of $21.31. The price of the stock has increased by 1.5%. On Jan. 21, Exec. Vice President W David Hemingway sold 19,186 shares at an average price of $21.33. The price of the stock has increased by 1.41%.

Talmer Bancorp Inc.: CFO Dennis L Klaeser bought 64,800 shares

On Feb. 2, Klaeser bought 64,800 shares at an average price of $16.16. The price of the stock has decreased by 4.08%. Talmer Bancorp Inc. has a market cap of $1.06 billion and its shares were traded at around $15.50. The company has a P/E ratio of 19.70 and P/S ratio of 4.05 with a dividend yield of 0.52%.

Talmer Bancorp Inc. announced its 2015 third quarter results with revenues of $80.39 million, while the net income was $20.04 million. The 2014 total revenue was $334.52 million, a 7% decrease from the 2013 total revenue. The 2014 net income was $90.85 million.

On Feb. 2, Director Barbara J Mahone bought 5,000 shares at an average price of $16.22. The price of the stock has decreased by 4.44%. On Feb. 2, President and CEO David T Provost bought 30,500 shares at an average price of $16.23. The price of the stock has decreased by 4.5%. On Feb. 2, Chairman Gary Torgow bought 30,500 shares at an average price of $16.23.