Weekly CFO Buys Highlight

Recent buys from company CFOs

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Jan 13, 2019
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According to GuruFocus Insider Data, the recent CFO buys were: Terex Corp (TEX, Financial), Landec Corp (LNDC, Financial) and Howard Bancorp Inc. (HBMD, Financial).

Terex Corp: Senior Vice President, CFO John D. Sheehan bought 439 shares

Executive Vice President and CFO Paul P. Egge bought 1,000 shares for $31.3 per share on Dec. 28. Since then, the stock price has increased by 10.16%. Terex Corp has a market cap of $2.19 billion and its shares were traded around $29.70. The company has a P/E ratio of 17.94 and P/S ratio of 0.48. The trailing 12-month dividend yield of Terex Corp. stocks is 1.35%, while the forward dividend yield of Terex Corp. stocks is 1.35%.

Terex Corp. announced its third-quarter results with revenue of $1.23 billion and gross profit of $232.80 million, while the net income was $38.60 million. The 2017 total revenue was $4.36 billion, a 2% decrease from 2016. The 2017 gross profit was $792.40 million, a 2% increase from the year prior. The 2017 net income was $128.70 million.

President Steven F. Retzloff bought 15,000 shares for $31.3 per share on Dec. 28. Since then, the stock price has increased by 10.16%. EVP and General Counsel Shanna R. Kuzdzal bought 650 shares for $30.08 per share on Dec. 27. Since then, the stock price has increased by 14.63%. Director Frances H. Jeter bought 1,000 shares for $31.53 per share on Dec. 18. Since then, the stock price has increased by 9.36%.

Landec Corp: CFO Gregory S Skinner bought 25,000 shares

CFO Gregory S Skinner bought 25,000 shares for $11.25 per share on Jan. 08. Since then, the stock price has increased by 3.73%. Landec Corp. has a market cap of $340.417 million and its shares were traded around $11.67. The company has a P/E ratio of 14.78 and P/S ratio of 0.63.

Landec Corp announced its fourth-quarter results with revenue of $124.91 million and gross profit of $16.59 million, while the net loss was $584,000. The 2018 total revenue was $524.23 million, a 12% increase from 2017. The 2018 gross profit was $86.14 million, a 9% increase from the year prior. The 2018 net income was $24.83 million.

Director Catherine A. Sohn bought 1,000 shares for $11.23 per share on Jan. 10. Since then, the stock price has increased by 3.92%. Director Steven D. Goldby bought 20,000 shares for $11.24 per share on Jan. 8. Since then, the stock price has increased by 3.83%.

Howard Bancorp Inc.: EVP-CFO George C. Coffman bought 400 shares

EVP-CFO George C. Coffman bought 400 shares for $12.87 per share on Jan. 08. Since then, the stock price has increased by 14.06%. Howard Bancorp Inc. has a market cap of $279.417 million and its shares were traded around $14.68. The company has a P/S ratio of 2.86.

Howard Bancorp announced its third-quarter results with revenue and gross profit of $21.81 million, while the net income was $3.98 million. The 2017 total revenue and gross profit was $55.55 million, an 18% increase from 2016. The 2017 net income was $7.20 million.

CEO Mary Ann Scully bought 233 shares for $12.87 per share on Jan. 08. Since then, the stock price has increased by 14.06%. EVP-CLO Frank K. Turner Jr. bought 23 shares for $12.87 per share on Jan. 8. Since then, the stock price has increased by 14.06%. EVP-CRO Charles E. Schwabe bought 46 shares for $12.87 per share on Jan. 8. Since then, the stock price has increased by 14.06%.

Disclosure: none.