Weekly CFO Buys Highlight

Recent buys from company CFOs

Author's Avatar
Jan 02, 2019
Article's Main Image

According to GuruFocus Insider Data, the recent CFO buys were: Oceaneering International Inc. (OII, Financial) and Monroe Capital Corp (MRCC, Financial).

Oceaneering International Inc.: Senior Vice President and CFO Alan R. Curtis bought 5,000 Shares

Senior Vice President and CFO Alan R. Curtis bought 5,000 shares for $11.5 per share on Dec. 21. Since then, the stock price has increased by 5.22%. Oceaneering International Inc. has a market cap of $1.19 billion and its shares were traded around $12.10. The company has a price-earnings ratio of 50.44 and price-sales ratio of 0.62. Over the past 10 years, Oceaneering International Inc. had an annual average earnings growth of 0.20%.

Oceaneering International announced its third-quarter results with revenue of $519.30 million and gross profit of $47.64 million, while the net loss was $65.98 million. The 2017 total revenue was $1.92 billion, a 15% decrease from 2016. The 2017 gross profit was $194.61 million, a 33% decrease from the year prior. The 2017 net income was $166.40 million.

President and CEO Roderick A. Larson bought 5,000 shares for $11.34 per share on Dec. 21. Since then, the stock price has increased by 6.7%. Senior Vice President, General Counsel and Secretary David K. Lawrence bought 2,500 shares for $11.99 per share on Dec. 28. Since then, the stock price has increased by 0.92%.

Monroe Capital Corp: CFO and CIO Aaron Daniel Peck bought 4,500 shares

CFO and CIO Aaron Daniel Peck bought 4,500 shares for $9.20 per share on Dec. 24. Since then, the stock price has increased by 4.35%. Monroe Capital Corp. has a market cap of $196.270 million and its shares were traded around $9.60. The company has a price-earnings ratio of 29.09 and price-sales ratio of 3.41. The trailing 12-month dividend yield of Monroe Capital Corp. stocks is 14.58%, while the forward dividend yield is 14.58%. Over the past five years, Monroe Capital Corp. had an annual average earnings growth of 26.90%.

Monroe Capital Corp. announced its second-quarter results with revenue and gross profit of $14.82 million, while the net income was $4.28 million. The 2017 total revenue and gross profit was $51.11 million, a 13% increase from 2016. The 2017 net income was $12.15 million.

Chairman, President and CEO Theodore L. Koenig bought 10,700 shares for $9.34 per share on Dec. 21. Since then, the stock price has increased by 2.78%.

Disclosure: none.