Weekly CFO Buys Highlights

Insiders invest in Tower International, Capital Southwest and Scynexis

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Jul 05, 2016
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According to GuruFocus Insider Data, recent CFO buys were: Tower International Inc. (TOWR, Financial), Capital Southwest Corp. (CSWC, Financial) and Scynexis Inc. (SCYX, Financial).

Tower International: EVP and CFO James C. Gouin bought 2,500 shares

EVP and CFO James C. Gouin bought 2,500 shares at the price of $19.66 on June 28. The price of the stock has increased by 7.43%. Tower International has a market cap of $446.96 million, and its shares were traded around $21.12. The company has a P/E ratio of 2.40 and P/S ratio of 0.23. The trailing 12-month dividend yield of Tower International stocks is 1.42%, and the forward dividend yield is 1.89%.

Tower International announced its first-quarter results with revenues of $511.50 million and gross profit of $57.90 million while the net income was $8.38 million. The 2015 total revenue was $1.96 billion, a 5% decrease from the 2014 total revenue. The 2015 gross profit was $218.48 million, a 5% decrease from 2014 gross profit. 2015 net income was $194.05 million.

Director Nicholas D. Chabraja bought 4,000 shares at the price of $19.42Â on June 28. The price of the stock has increased by 8.75%. Director Thomas K. Brown bought 6,390 shares at the price of $19.7 on June 28. The price of the stock has increased by 7.21%.

Capital Southwest: CFO Michael Scott Sarner bought 4,986 shares

CFO Michael Scott Sarner bought 4,986 shares at the price of $14.12 per share on June 23. The price of the stock has decreased by 0.92%. Capital Southwest has a market cap of $220.010 million, and its shares were traded around $13.99. The company has a P/S ratio of 23.91. The trailing 12-month dividend yield of Capital Southwest stocks is 0.71% while the forward dividend yield is 1.72%.

Capital Southwest announced its first-quarter results with revenue and gross profit of $3.81 million while the net income was $4.66 million. The 2015 total revenue and gross profit was $9.16 million, an 8% decrease from the 2014 total revenue and gross profit. The 2015 net loss was $5.4 million.

Sr. VP, Managing Director Douglas M. Kelley bought 1,775 shares at the price of $13.92 on June 24. The price of the stock has increased by 0.5%. Director David R. Brooks bought 4,000 shares at the price of $14 on June 24. The price of the stock has decreased by 0.07%. Director Thomas Duane Morgan bought 1,000 shares at the price of $14.03 on June 24. The price of the stock has decreased by 0.29%.

Scynexis: CFO Eric Francois bought 15,000 shares

CFO Eric Francois bought 15,000 shares at the price of $2.39 per share. The price of the stock has decreased by 8.37% on June 24. Scynexis has a market cap of $30.460 million and its shares were traded around $2.19. The company has a P/S ratio of 109.50.

Scynexis announced its first-quarter results with revenue and gross profit of $64,000, while the net loss was $7.18 million. The 2015 total revenue and gross profit was $257,000, an 80% decrease from the 2014 total revenue and gross profit. The 2015 net loss was $32.62 million.

CEO Marco Taglietti bought 100,000 shares at the price of $2.39Â on June 24. The price of the stock decreased by 8.37%. Chief Medical Officer Gonzalez David Angulo bought 36,950 shares at the price of $2.22 on June 30. The price of the stock has decreased by 1.35%. Director Clarence Patrick Machado bought 20,000 shares at the price of $2.39 on June 24. The price of the stock has decreased by 8.37%.

Disclosure:Â None.

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