Weekly CFO Buys Highlight

Recent insider buys

Author's Avatar
Oct 07, 2016
Article's Main Image

According to GuruFocus insider data, the recent CFO buys were: MedEquities Realty Trust Inc. (MRT, Financial), Valvoline Inc. (VVV, Financial)Â and Fogo de Chao Inc. (FOGO, Financial).

MedEquities Realty Trust Inc. EVP and CFO Jeffery C. Walraven bought 400 shares

On Oct. 4, executive vice president and chief financial officer Jeffery C. Walraven bought 400 shares at an average price of $12. The price of the stock has decreased by 4.33%. MedEquities Realty Trust Inc. has a market cap of $347.280 million and its shares were traded around $11.48 .

MedEquities Realty Trust announced its 2016 second quarter results with revenue of $6.59 million and gross profit of $6.25 million, while the net loss was $0.8 million. The 2015 total revenue was $44.44 million, a 715% increase from the 2014 total revenue. The 2015 gross profit was $43.23 million, a 741% increase from the 2014 gross profit. The 2015 net income was $12.7 million.

On Oct. 4, Stuart C. McWhorter, director, bought 2,000 shares at an average price of $12. The price of the stock has decreased by 4.33%. On Oct. 4, Steven I. Geringer, director, bought 5,000 shares at an average price of $12. The price of the stock has decreased by 4.33%. On Oct. 4, Stephen L. Guillard, director, bought 25,000 shares at an average price of $12. The price of the stock has decreased by 4.33%.

Valvoline Inc. CFO Mary E Meixelsperger bought 2,500 shares

On Sept. 28, CFO Mary E. Meixelsperger bought 2,500 shares at an average price of $$22. The price of the stock has increased by 6.77%. Valvoline Inc. has a market cap of $4.54 billion and its shares were traded around $22.69 .

Valvoline announced its 2016 second quarter results with revenue of $499.5 million and gross profit of $199.6 million, while the net income was $74.7 million. The 2015 total revenue was $1.97 billion, a 4% increase from the 2014 total revenue. The 2015 gross profit was $685.1 million, an 8% increase from the 2014 gross profit. The 2015 net income was $196.1 million.

On Sept. 28, CEO Samuel J. Mitchell bought 25,000 shares at an average price of $$22. The price of the stock has increased by 6.77%. On Sept. 28, Charles M Sonsteby, director, bought 7,000 shares at an average price of $$22. The price of the stock has increased by 6.77%. On Sept. 28, Mary J. Twinem, director, bought 5,000 shares at an average price of $$22. The price of the stock has increased by 6.77%.

Fogo de Chao Inc. CFO Tony Laday bought 1,000 shares

On Sept. 30, CFO Tony Laday bought 1,000 shares at an average price of $10.62. The price of the stock has decreased by 0.19%. Fogo De Chao Inc. has a market cap of $298.13 million and its shares were traded around $10.60.

Fogo De Chao announced its 2016 third quarter results with revenue of $69.55 million and gross profit of $33.48 million, while the net income was $6.19 million. The 2015 total revenue was $271.63 billion, a 4% increase from the 2014 total revenue. The 2015 gross profit was $131.35 million, a 2% increase from the 2014 gross profit. The 2015 net income was $27.86 million.

Disclosure: None.

Start a free 7-day trial of Premium Membership to GuruFocus.