Weekly CFO Buys Highlight

Insiders load up on Lyft, Archrock and Ryder System

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Feb 27, 2020
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According to GuruFocus insider data, the recent chief financial officer buys were Lyft Inc. (LYFT, Financial), Archrock Inc. (AROC, Financial) and Ryder System Inc. (R, Financial).

Lyft CFO bought 22,500 shares

CFO Brian Keith Roberts bought 22,500 shares for $45.25 per share on Feb. 20. Since then, the stock has declined 16.51%. Lyft has a market cap of $11.43 billion and its shares were traded around $37.78. The company has a price-sales ratio of 0.89.

Lyft announced its fourth-quarter results with revenue of $1.02 billion and gross profit of $514.31 million, while the net loss was $356.05 million. The 2018 total revenue was $2.16 billion, a 104% increase from 2017. The gross profit was $913.22 million, a 128% increase from the year prior. The net loss was $911.34 million.

Director Mary Agnes Wilderotter sold 559 shares for $46.02 per share on Feb. 20. Since then, the stock has fallen 17.91%. General Counsel and Secretary Kristin Sverchek sold 3,000 shares for $52.51 per share on Feb. 10. Shares have depreciated 28.05% since then.

Archrock senior vice president and CFO bought 13,000 shares

Senior Vice President and CFO Doug S. Aron bought 13,000 shares for $7.61 per share on Feb. 24. Since then, the stock has retreated 9.46%. Archrock has a market cap of $1.05 billion and its shares were traded around $6.89. The company has a price-earnings ratio of 10.12 and a price-sales ratio of 0.96. The trailing 12-month dividend yield is 8.23%, while the forward dividend yield is 7.88%.

Archrock announced its fourth-quarter results with revenue of $245.99 million and gross profit of $134.69 million, while the net income was $46.04 million. The 2018 total revenue was $904.44 million, a 14% increase from 2017. The gross profit was $440.07 million, a 17% increase from the year prior. The net income was $97.33 million.

President and CEO D. Bradley Childers bought 13,160 shares for $7.6 per share on Feb. 25. Since then, the stock has fallen 9.34%. Vice President Eric W. Thode bought 650 shares for $7.68 per share on Feb. 25. Since then, the stock price has tumbled 10.29%.

Ryder System executive vice president and CFO bought 12,500 shares

Executive Vice President and CFO Scott T. Parker bought 12,500 shares for $39.2 per share on Feb. 25. Since then, the stock has fallen 5.87%. Ryder System has a market cap of $1.97 billion and its shares were traded around $36.90. The company has a price-sales ratio of 0.23. The trailing 12-month dividend yield is 6.04%, while the forward dividend yield is 6.02%. Over the past 10 years, Ryder System had an annual average earnings growth of 4.90%.

Ryder System announced its fourth-quarter results with revenue of $2.28 billion and gross profit of $278.90 million, while the net income was $24.40 million. The 2018 total revenue was $8.41 billion, a 15% increase from 2017. The gross profit was $1.58 billion, an 8% increase from the year prior. The net loss was $24.40 million.

Chair and CEO Robert E. Sanchez bought 13,000 shares for $39.64 per share on Feb. 24. Since then, the share price has decreased by 6.91%. Executive Vice President and Corporate Secretary Robert D. Fatovic bought 2,500 shares for $39.09 per share on Feb. 25. Since then, the stock has declined 5.6%. Director Hansel E. Tookes II bought 3,000 shares for $40.19 per share on Feb. 24. Since then, the shares have retreated 8.19%.

Disclosure: None.

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