According to GuruFocus Insider Data, the recent CFO buys were: Covisint Corp. (COVS, Financial), Citigroup Inc. (C, Financial), and Cavium Inc. (CAVM, Financial).
Covisint Corp: CFO Enrico Digirolamo bought 15,000 shares
Digirolamo bought 15,000 shares at an average price of $1.78. The price of the stock has increased by 2.25%. Covisint has a market cap of $73.582 million and its shares were traded at around $1.82. The company has a P/S ratio of 0.90.
Covisint announced its 2015 third-quarter results with revenues of $19.16 million and gross profit of $10.34 million, while the net loss was $4.07 million. The 2015 total revenue was $88.53 million, a 9% decrease from the 2014 total revenue. The 2015 gross profit was $22.13 million, a 5% decrease from the 2014 gross profit. The 2015 net loss was $38.56 million.
On Feb. 9, Director William O Grabe bought 68,493 shares at an average price of $1.83. The price of the stock has decreased by 0.55%. On Nov. 24, Director Bernard M Goldsmith bought 9,900 shares at an average price of $2.46. The price of the stock has decreased by 26.02%. On Dec. 11, SVP of Delivery Operations Steven R Asam sold 6,613 shares at an average price of $2.31. The price of the stock has decreased by 21.21%.
Citigroup Inc.: CFO John C Gerspach bought 13,000 shares
On Feb. 9, Gerspach bought 13,000 shares at an average price of $37.62. The price of the stock has decreased by 0.21%. Citigroup Inc. has a market cap of $111.83 billion and its shares were traded at around $37.54. The company has a P/E ratio of 8.45 and P/S ratio of 1.50 with a dividend yield of 0.53%.
Citigroup announced its 2015 third-quarter results with revenues and gross profit of $16.79; the net income was $4.29 billion. The 2014 total revenue and gross profit was $69.27 billion, a 2% increase from the 2013 total revenue and gross profit. The 2014 net income was $7.31 billion.
On Feb. 11, CEO William Mills bought 1,000 shares at an average price of $912.5. The price of the stock has decreased by 0.21%. On Feb. 11, Head of Operations and Technology Don Callahan bought 5,700 shares at an average price of $35.04. The price of the stock has increased by 7.13%. On Jan. 22, Director Michael E Oneill bought 25,000 shares at an average price of $41.01. The price of the stock has decreased by 8.46%.
Cavium Inc.: VP Finance and Admin CFO Arthur D Chadwick bought 20,000 shares
On Feb. 9, Chadwick bought 20,000 shares at an average price of $47.77. The price of the stock has increased by 12.46%. Cavium Inc. has a market cap of $3 billion and its shares were traded at around $53.72. The company has a P/S ratio of 7.17.
Cavium announced its 2015 third-quarter results with revenues of $105.06 million and gross profit of $68.86 million; the net income was $4.22 million. The 2014 total revenue was $372.98 million, a 23% increase from the 2013 total revenue. The 2014 gross profit was $234.62 million, a 24% increase from the 2013 gross profit. The 2014 net loss was $15.30 million.
On Feb. 8, President, CEO and Chairman of the board Syed Ali sold 376,520 shares at an average price of $52.1. The price of the stock has increased by 3.11%. On Feb. 2, Corporate VP of Engineering Anil Kumar Jain sold 3,638 shares at an average price of $55.73. The price of the stock has decreased by 3.61%.
