Weekly CFO Buys Highlight

Recent buys from company CFOs

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Feb 19, 2019
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According to GuruFocus Insider Data, the recent CFO buys were: Kemet Corp (KEM, Financial), Gossamer Bio Inc. (GOSS, Financial) and AG Mortgage Investment Trust Inc (MITT, Financial).

Kemet Corp (KEM, Financial): Executive Vice President and CFO Gregory C. Thompson bought 11,100 shares

Executive Vice President and CFO Gregory C. Thompson bought 11,100 shares for $17.97 per share on Feb. 7. Since then, the stock price has increased by 6.07%. Kemet Corp. has a market cap of $1.1 billion and its shares were traded around $19.06. The company has a price-earnings ratio of 10.42 and price-sales ratio of 0.84. The trailing 12-month dividend yield of Kemet Corp. is 0.52%, while the forward dividend yield is 1.05%. Over the past five years, Kemet Corp. had an annual average earnings growth of 61%.

Kemet Corp. announced its fourth-quarter results with revenue of $350.18 million and gross profit of $123.75 million, while net income was $40.81 million. The 2018 total revenue was $1.20 billion, a 58% increase from 2017. The gross profit was $340.39 million, an 82% increase from the year prior. The net income was $254.53 million.

Director Robert G. Paul sold 11,998 shares for $18.61 per share on Feb. 6. Since then, the stock price has increased by 2.42%. Senior Vice President, Ceramic Charles C. Meeks Jr. sold 25,000 shares for $18.35 per share on Feb. 4. Since then, the stock price has increased by 3.87%. Senior Vice President General Counsel and Secretary Ronald James Assaf sold 3,333 shares for $18.01 per share on Feb. 1. Since then, the stock price has increased by 5.83%.

Gossamer Bio Inc. (GOSS, Financial): CFO Bryan Giraudo bought 6,000 shares

CFO Bryan Giraudo bought 6,000 shares for $16 per share on Feb. 12. Since then, the stock price has increased by 20.63%. Gossamer Bio Inc. has a market cap of $1.22 billion and its shares were traded around $19.30.

Director Russell J. Cox bought 7,200 shares for $16 per share on Feb. 12. Since then, the stock price has increased by 20.63%. Executive Vice President and General Counsel Waage Christian bought 1,550 shares for $16 per share on Feb. 12. Since then, the stock price has increased by 20.63%.

AG Mortgage Investment Trust Inc (MITT, Financial): CFO and Treasurer Brian C. Sigman bought 5,000 shares

CFO and Treasurer Brian C. Sigman bought 5,000 shares for $17.05 per share on Feb. 11. Since then, the stock price has increased by 1.35%. AG Mortgage Investment Trust Inc. has a market cap of $496.690 million and its shares were traded around $17.28. The company has a price-earnings ratio of 9.71. The trailing 12-month dividend yield of AG Mortgage Investment Trust Inc. stocks is 11.43%, while the forward dividend yield is 11.57%.

AG Mortgage Investment Trust announced its third-quarter results with revenue of $16.71 million and gross profit of $16.24 million, while net income was $23.38 million. The 2017 total revenue was $128.77 million, a 52% increase from 2016. The gross profit was $128.54 million, a 53% increase from the year prior. The net income was $118.56 million.

CEO and President David N. Roberts bought 50,000 shares for $17.05 per share on Feb. 11. Since then, the stock price has increased by 1.35%. Chief Investment Officer Thomas Durkin bought 10,000 shares for $17.05 per share on Feb. 11. Since then, the stock price has increased by 1.35%.

Disclosure: none.