Weekly CFO Buys Highlight

Details rcent buys from company CFOs

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Apr 29, 2020
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According to GuruFocus Insider Data, the recent Chief Financial Officer (CFO) buys were for Darden Restaurants Inc. (DRI, Financial), Bank of Commerce Holdings Inc. (BOCH, Financial) and Eagle Point Credit Co Inc. (ECC, Financial).

Darden Restaurants Inc: Senior Vice President and CFO Ricardo Cardenas bought 2,991 shares

Senior Vice President and CFO Ricardo Cardenas bought 2,991 shares for $58.50 per share on April 23. Since then, the stock price has increased by 35.01%.

Darden Restaurants Inc. has a market cap of $10.25 billion and its shares were traded around $78.98. The company has a price-earnings ratio of 15.40 and price-sales ratio of 1.12. The trailing 12-month dividend yield of Darden Restaurants Inc. stocks is 4.29%. Over the past 10 years, Darden Restaurants Inc. had an annual average earnings growth of 3.30%.

Darden Restaurants announced its first-quarter results with revenue of $2.35 billion and gross profit of $538.00 million, while the net loss was $232.30 million. The 2019 total revenue was $8.51 billion, a 5% increase from 2018. The gross profit was $1.85 billion, a 6% increase from the year prior. The net income was $713.40 million.

President and CEO Eugene I. Jr. Lee bought 25,641 shares for $58.50 per share on April 23. Since then, the stock price has increased by 35.01%.

President of LongHorn Steakhouse Todd Burrowes bought 2,564 shares for $58.50 per share on April 23. Since then, the stock price has increased by 35.01%.

Director Cynthia T. Jamison bought 3,418 shares for $58.50 per share on April 23. Since then, the stock price has increased by 35.01%.

Bank of Commerce Holdings Inc: Executive Vice President and CFO James A. Sundquist bought 2,500 shares

Executive Vice President and CFO James A. Sundquist bought 2,500 shares for $7.19 per share on April 24. Since then, the stock price has increased by 14.46%.

Bank Of Commerce Holdings Inc. has a market cap of $137.760 million and its shares were traded around $8.23. The company has a price-earnings ratio of 10.97 and a price-sales ratio of 2.59. The trailing 12-month dividend yield of Bank Of Commerce Holdings Inc. stocks is 2.43%, while the forward dividend yield is 2.43%.

Bank Of Commerce Holdings announced its first-quarter results with revenue of $13.88 million, while the net income was $916,000. The 2019 total revenue was $57.72 million, a 12% increase from 2018. The net income was $14.96 million.

Director Orin N. Bennett bought 10,000 shares for $6.96 per share on April 22. Since then, the stock price has increased by 18.25%.

Director Joseph Gibson bought 10,000 shares for $6.58 per share on April 21. Since then, the stock price has increased by 25.08%.

Director Lyle L. Tullis bought 20,000 shares for $6.88 per share on April 21. Since then, the stock price has increased by 19.62%.

Eagle Point Credit Co Inc: CFO and Chief Operations Officer Kenneth P. Onorio bought 3,000 shares

CFO and Chief Operations Officer Kenneth P. Onorio bought 2,000 shares for $5.96 per share on April 21. Since then, the stock price has increased by 8.22%.

Eagle Point Credit Co Inc. has a market cap of $192.170 million and its shares were traded around $6.45. The trailing 12-month dividend yield of Eagle Point Credit Co Inc. stocks is 35.36%, while the he forward dividend yield is 14.88%.

Chief Commercial Officer Nauman S. Malik bought 1,500 shares for $6.25 per share on April 22. Since then, the stock price has increased by 3.2%.

Portfolio Manager Thomas P. Majewski bought 5,000 shares for $6.55 per share on April 17. Since then, the stock price has decreased by 1.53%.

Director Paul E. Tramontano bought 10,000 shares for $6.20 per share on April 17. Since then, the stock price has increased by 4.03%.

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