Weekly CFO Buys Highlight

Insiders invest in Bank of Commerce Holdings, Mosaic, American Superconductor

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May 15, 2017
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According to GuruFocus Insider Data, recent chief financial officer buys were Bank of Commerce Holdings Inc. (BOCH, Financial), The Mosaic Co. (MOS, Financial) and American Superconductor Corp. (AMSC, Financial).

Bank of Commerce Holdings CFO bought 12,500 shares

Executive Vice President and CFO James A. Sundquist bought 12,500 shares for an average price of $10.5 per share on May 10. The stock price has increased 6.67% since then. Bank of Commerce has a market cap of $151.443 million and its shares were traded around $11.20. The company has a price-earnings (P/E) ratio of 17.78 and a price-sales (P/S) ratio of 3.6. The trailing 12-month dividend yield and forward dividend yield are both 1.07%. Over the past five years, the company had an annual average earnings growth of 4.2%.

Bank of Commerce Holdings announced its 2017 first-quarter results with revenues of $12.36 million; the net income was $2.25 million. The 2016 total revenue was $44.6 million, a 6% increase from the 2015 total revenue. The 2016 net income was $5.26 million.

Directors Orin N. Bennett, Jon Halfhide and Joseph Gibson bought 5,000 shares, 6,000 shares and 7,000 shares, respectively, for an average price of $10.5 on May 10. Since then, the stock price has increased 6.67%.

Mosaic CFO bought 7,500 shares

Executive Vice President and CFO Richard L. Mack bought 7,500 shares for an average price of $23.35 per share on May 4. Since then, the stock price has decreased 1.88%. Mosaic has a market cap of $8.04 billion and its shares were traded around $22.91. The company has a P/E ratio of 208.27 and P/S ratio of 1.14. The trailing 12-month dividend yield is 4.80%, while the forward dividend yield is 2.62%. Over the past 10 years,company had an annual average earnings growth of 10%.

Mosaic announced its 2017 first-quarter results with revenues of $1.58 billion; the net income was $900 thousand. The 2016 total revenue was $7.16 billion, a 19% increase from 2015 total revenue. The 2016 gross profit was $810 million, a 53% increase from the 2015 gross profit. The 2016 net income was $297.8 million.

Director Denise C. Johnson bought 803 shares for an average price of $23.58 per share on May 5. Since then, the stock price has declined 2.84%. The same day, Director Gregory L. Ebel bought 21,000 shares for an average price of $23.49 per share. The stock price has declined 2.47% since then.

American Superconductor CFO bought 6,250 shares

Senior Vice President, CFO and Treasurer John W. Kosiba Jr. bought 6,250 shares for an average price of $4 per share on May 10. Since then, the stock price has increased 1.5%. American Superconductor has a market cap of $57.733 million and its shares were traded around $4.06. The company has a P/S ratio of 0.64.

American Superconductor announced its fourth-quarter 2016 results with revenues of $27.15 million, a gross profit of $5.04 million and a net loss of $2.77 million. The 2016 total revenue was $96.02 million, a 36% increase from 2015 total revenue. The 2016 gross profit was $21.98 million, a 612% increase from the 2015 gross profit. The 2016 net loss was $23.14 million.

President and CEO Daniel P. Mcgahn bought 25,000 shares for an average price of $4 per share on May 10. On the same day, Director John W. Wood Jr. bought 6,250 shares and Director Virkram S. Budhraha bought 12,500 shares for an average price of $4. Since then, the stock price has increased by 1.5%.

Disclosure: None.

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