Weekly CFO Buys Highlight

Details recent buys from company Chief Financial Officers

Author's Avatar
Feb 04, 2020
Article's Main Image

According to GuruFocus insider data, the recent Chief Financial Officer buys were from the following companies: CenterState Bank Corp (CSFL, Financial), Unifi Inc. (UFI, Financial) and Discover Financial Services (DFS, Financial).

CenterState Bank

CFO William E. Matthews bought 5,000 shares for $22.89 per share on Jan. 31. Since then, the stock price has increased by 1.62%.

CenterState Bank Corp has a market cap of $2.91 billion and its shares were traded around $23.26 on Feb. 4. The company has a price-earnings ratio of 12.44 and a price-sales ratio of 3.85. The trailing 12-month dividend yield of CenterState Bank Corp stocks is 1.86%, while the forward dividend yield is 2.48%.

CenterState Bank Corp recently announced its fourth-quarter results with revenue of $206.89 million, while the net income was $71.13 million. The total revenue for full-year 2019 was $746.29 million, a 45% increase from 2018. The 2019 net income was $227.80 million.

President and CEO John C. Corbett bought 5,000 shares for $22.60 per share on Jan. 31. Since then, the stock price has increased by 2.92%.

Unifi

Executive Vice President and CFO Craig A. Creaturo bought 5,000 shares for $21.52 per share on Jan. 31. Since then, the stock price has increased by 1.39%.

Unifi Inc. has a market cap of $403.590 million and its shares were traded around $21.82. The company has a price-earnings ratio of 114.85 and a price-sales ratio of 0.58. Over the past 10 years, Unifi Inc. had an annual average earnings growth of 7.10%.

Unifi announced its fourth-quarter results with revenue of $179.95 million and gross profit of $17.44 million, while the net income was $3.71 million. The 2019 full-year revenue was $708.80 million, a 4% increase from 2018. The 2019 gross profit was $66.31 million, a 23% decrease from the year prior, while the net income was $2.46 million.

Director Kenneth G. Langone bought 12,000 shares for $21.82 per share on Jan. 31. Since then, the stock price has remained flat.

Discover Financial Services

Executive Vice President and CFO John Greene bought 3,377 shares for $73.84 per share on Jan. 27. Since then, the stock price has increased by 1.69%.

Discover Financial Services has a market cap of $23.28 billion and its shares were traded around $75.09. The company has a price-earnings ratio of 8.27 and a price-sales ratio of 2.15. The trailing 12-month dividend yield of Discover Financial Services stocks is 2.25%, while the forward dividend yield is 2.34%.

Discover Financial Services announced its fourth-quarter results with revenue of $2.94 billion, while the net income was $708 million. The 2019 full-year revenue was $11.46 billion, a 7% increase from 2018, while the net income was $2.96 billion.

CEO and President Roger C Hochschild bought 15,000 shares for $74.12 per share on Jan. 27. Since then, the stock price has increased by 1.31%.

Executive Vice President and President of Consumer Banking Carlos Minetti bought 3,000 shares for $73.74 per share on Jan. 27. Since then, the stock price has increased by 1.83%.

Executive Vice President and Chief Legal Officer Wanjiku Juanita Walcott bought 3,400 shares for $73.95 per share on Jan. 27. Since then, the stock price has increased by 1.54%.

Disclosure: none

Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here