Weekly CFO Buys Highlight

Recent buys from company CFOs

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Jan 20, 2019
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According to GuruFocus Insider Data, the recent CFO buys were: LiveXLive Media Inc. (LIVX, Financial), Medtronic PLC (MDT, Financial), and Saratoga Investment Corp (SAR, Financial).

LiveXLive Media Inc. (LIVX, Financial): CFO and EVP Michael Leonard Zemetra bought 16,667 shares

CFO and EVP Michael Leonard Zemetra bought 16,667 shares for $3 per share on Jan. 10. LiveXLive Media Inc. has a market cap of $342.620 million and its shares were traded around $6.59. The company has a price-sales ratio of 14.93.

LiveXLive Media announced its third-quarter results with revenue of $7.97 million and gross profit of $167,000, while the net loss was $10.33 million. The 2018 total revenue was $7.20 million, a 310% increase from 2017. The 2018 gross profit was $501,000, a 200% increase from the year prior. The 2018 net loss was $23.34 million.

COO Douglas D Schaer bought 8,334 shares for $3 per share on Jan. 10.

Medtronic PLC (MDT, Financial): EVP and CFO Karen L. Parkhill bought 3,000 shares

EVP and CFO Karen L. Parkhill bought 3,000 shares for $83.87 per share on Jan. 09. Since then, the stock price has increased by 4.09%. Medtronic PLC has a market cap of $117.25 billion and its shares were traded around $87.30. The company has a price-earnings ratio of 52.93 and P/S ratio of 3.90. The trailing 12-month dividend yield of Medtronic PLC stocks is 2.24%, while the forward dividend yield is 2.28%. Over the past 10 years, Medtronic PLC had an annual average earnings growth of 6.90%. GuruFocus rated Medtronic PLC the business predictability rank of 4.5-star.

Medtronic PLC announced its fourth-quarter results with revenue of $7.48 billion and gross profit of $5.30 billion, while the net income was $1.12 billion. The 2018 total revenue was $29.95 billion, a 0.8% increase from 2017. The 2018 gross profit was $20.98 billion, a 2% increase from the year prior. The 2018 net income was $3.10 billion.

Chairman and CEO Omar Ishrak bought 12,000 shares for $84.05 per share on Jan. 9. Since then, the stock price has increased by 3.87%.

Saratoga Investment Corp (SAR, Financial): CFO, CCO, Treasurer and Secretary Henri J. Steenkamp bought 1,208 shares

CFO, CCO, Treasurer and Secretary Henri J. Steenkamp bought 1,208 shares for $22 per share on Jan. 15. Since then, the stock price has increased by 0.41%. Saratoga Investment Corp has a market cap of $166.570 million and its shares were traded around $22.09. The company has a price-earnings ratio of 9.07 and price-sales ratio of 5.17. The trailing 12-month dividend yield of Saratoga Investment Corp. stocks is 9.32%. while the forward dividend yield is 9.69%.

Saratoga Investment Corp. announced its fourth-quarter results with revenue and gross profit of $12.83 million, while the net income was $3.67 million. The 2018 total revenue and gross profit was $38.61 million, a 16% increase from 2017. The 2018 net income was $17.68 million.

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