Weekly CFO Buys Highlight

Recent buys from company CFOs

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May 07, 2018
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According to GuruFocus Insider Data, the recent CFO Buys were: Radian Group Inc. (RDN, Financial), Anixter International Inc. (AXE, Financial) and Fastenal Co (FAST, Financial).

Radian Group Inc. (RDN, Financial): Senior Executive Vice President and CFO J. Franklin Hall bought 5,000 shares

Senior Executive Vice President and CFOÂ Franklin J. Hall bought 5,000 shares for $15.40 per share on May 02. Since then, the stock price has increased by 2.14%. Radian Group Inc. has a market cap of $3.39 billion and its shares were traded around $15.73. The company has a P/E ratio of 21.85 and P/S ratio of 2.82. The trailing 12-month dividend yield of Radian Group Inc. stocks is 0.06%, while the forward dividend yield is 0.06%.

Radian Group announced its fourth-quarter results with revenue of $317.91 million and gross profit of $276.86 million, while the net income was $6.82 million. The 2017 total revenue was $1.22 billion, a 1% decrease from 2016. The 2017 gross profit was $1.06 billion, a 5% increase from the year prior. The 2017 net income was $121.1 million.

CEO Richard G. Thornberry bought 20,000 shares for $14.62 per share on April 30. Since then, the stock price has increased by 7.59%. Non-Executive Chairman of the Board Herbert Wender bought 5,000 shares for $14.63 per share on Apr. 30. Since then, the stock price has increased by 7.52%. Senior Executive Vice President, MI and Risk Services Derek Brummer bought 19,200 shares for $14.91 per share on April 30. Since then, the stock price has increased by 5.5%.

Anixter International Inc. (AXE, Financial): Executive Vice President Finance and CFO Ted A. Dosch bought 4,200 shares

Executive Vice President Finance and CFO Ted A. Dosch bought 4,200 shares for $60.55 per share on April 30. Since then, the stock price has decreased by 3.72%. Anixter International Inc. has a market cap of $1.95 billion and its shares were traded around $58.30. The company has a P/E ratio of 18.05 and P/S ratio of 0.25. Over the past 10 years, Anixter International Inc. had an annual average earnings growth of 2.30%.

Anixter International announced its first-quarter results with revenue of $1.96 billion and gross profit of $384.8 million, while the net income was $32.1 million. The 2017 total revenue was $7.93 billion, a 4% increase from 2016. The 2017 gross profit was $1.57 billion, a 1% increase from the year prior. The 2017 net income was $109 million.

CEO Robert J. Eck sold 12,200 shares for $75.3 per share on April 11. Since then, the stock price has decreased by 22.58%. Director Frederic F. Brace bought 1,000 shares for $60.35 per share on May 1. Since then, the stock price has decreased by 3.4%. Executive Vice President, General Counsel, Secretary Justin C. Choi bought 1,500 shares for $59.89 per share on May 1. Since then, the stock price has decreased by 2.65%.

Fastenal Co. (FAST, Financial): CFO and Executive Vice President Holden Lewis bought 1,000 shares

CFO and Executive Vice President Holden Lewis bought 1,000 shares for $50.28 per share on April 30. Since then, the stock price has increased by 0.74%. Fastenal Co. has a market cap of $14.57 billion and its shares were traded around $50.65. The company has a P/E ratio of 23.45 and P/S ratio of 3.22. The trailing 12-month dividend yield of Fastenal Co. stocks is 2.72%, while the forward dividend yield is 2.92%. Over the past 10 years, Fastenal Co. had an annual average earnings growth of 11.20%. GuruFocus rated Fastenal Co. the business predictability rank of 4.5-star.

Fastenal Co. announced its first-quarter results with revenue of $1.19 billion and gross profit of $577.6 million, while the net income was $174.3 million. The 2017 total revenue was $4.39 billion, a 10% increase from 2016. The 2017 gross profit was $2.16 billion, an 11% increase from the year prior. The 2017 net income was $578.6 million.

Director Stephen L. Eastman bought 700 shares for $50.31 per share on April 27. Since then, the stock price has increased by 0.68%. Director Michael J. Ancius bought 455 shares for $48.75 per share on April 25. Since then, the stock price has increased by 3.9%.

Disclosure: None.