Weekly CFO Buys Highlight

Recent buys from company CFOs

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Sep 03, 2017
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According to GuruFocus Insider Data, the recent CFO buys were: Acxiom Corp. (ACXM, Financial) and Wesco Aircraft Holdings Inc. (WAIR, Financial).

Acxiom Corp: CFO and Executive Vice President Warren Jenson bought 10,000 shares

On Aug. 22, CFO and Executive Vice President Warren Jenson bought 10,000 shares at an average price of $22.09. The price of the stock has increased by 6.38%. Acxiom Corp. has a market cap of $1.87 billion and its shares were traded around $23.50. The company has a P/S ratio of 2.11.

Acxiom Corp. announced its second-quarter results with revenue of $212.51 million and gross profit of $98.55 million, while the net loss was $1.3 million. The 2017 total revenue was $880.25 million, a 4% increase from 2016. The 2017 gross profit was $402.56 million, an 11% increase from the year prior. The 2017 net income was $4.12 million.

Wesco Aircraft Holdings Inc.: Executive Vice President and CFO Richard Weller bought 8,000 shares

On Aug. 30, Executive Vice President and CFO Richard Weller bought 8,000 shares at an average price of $8.05. The price of the stock has increased by 4.35%. Wesco Aircraft Holdings Inc. has a market cap of $836.467 million and its shares were traded around $8.40. The company has a P/S ratio of 0.59.

Wesco Aircraft Holdings Inc. announced its second-quarter results with revenue of $363.91 million and gross profit of $90.21 million, while the net loss was $229.61 million. The 2016 total revenue was $1.48 billion, a 1% decrease from 2015. The 2016 gross profit was $393.69 million, a 21% increase from the year prior. The 2016 net income was $91.38 million.

On Aug. 15, CEO Todd Renehan bought 5,100 shares at an average price of $7.79. The price of the stock has increased by 7.83%. On Aug. 29, 10% Owner Partners LLC Makaira bought 79,184 shares at an average price of $8.06. The price of the stock has increased by 4.22%. On Aug. 21, Director and 10% Owner Thomas Bancroft bought 61,746 shares at an average price of $7.78. The price of the stock has increased by 7.97%.

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