Weekly CFO Buys Highlight: Resolute Energy Corp, Martin Midstream Partners LP, Consolidated Edison Inc, Independent Bank Group Inc.

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Jan 12, 2015

According to GuruFocus Insider Data the recent CFO buys were: Resolute Energy Corp, Martin Midstream Partners LP, Consolidated Edison Inc, and Independent Bank Group Inc.

Resolute Energy Corp (REN, Financial): Executive Vice President, CFO Theodore Gazulis bought 10,000 shares
On 01/08/2015, Executive Vice President, CFO Theodore Gazulis bought 10,000 shares at an average price of $0.85. Resolute Energy Corp has a market cap of $65.400 million and its shares were traded at around $0.84. The company has a P/S ratio of 0.17.

Resolute Energy Corp announced their 2014 third quarter results with revenues of $84.1 million and gross profit of $55.6 million; the net income was $15.0 million. The 2013 total revenue was $349.78 million, a 35% increase from the 2012 total revenue. The 2013 gross profit was $246.5 million, a 38% increase from the 2012 gross profit. The 2013 net income was $113.8 million.

On 01/07/2014, CEO Nicholas J Sutton bought 100,000 shares at an average price of $0.9. On 01/07/2014, Vice President – Operations Bob D Jr Brady bought 10,000 shares at an average price of $0.91. On 01/07/2014, VP – Chief Accounting Officer James A Tuell bought 20,000 shares at an average price of $0.92.

Martin Midstream Partners LP (MMLP, Financial): Executive VP and CFO Robert D Bondurant bought 211 shares

On 01/05/2015, Executive VP and CFO Robert D Bondurant bought 211 shares at an average price of $26.88. The price of the stock has increased by 2.49% since. Martin Midstream Partners LP has a market cap of $950.200 million and its shares were traded at around $27.55. The company has a P/S ratio of 0.44 and dividend yield of 11.53%. Over the past 10 years, Martin Midstream Partners LP had an annual average earnings growth of 1.50%.

Martin Midstream Partners LP announced their 2014 third quarter results with revenues of $389.99 million and gross profit of $90.55 million; the net income was $26.9 million. The 2013 total revenue was $1.63 billion, a 10% increase from the 2012 total revenue. The 2013 gross profit was $335.2 million, a 16% increase from the 2012 gross profit. The 2013 net income was $13.35 million.

On 01/05/2015, President and CEO, 10% Owner Ruben S Martin bought 544 shares at an average price of $26.88. The price of the stock has increased by 2.49% since. On 01/05/2015, Executive Vice President/COO Randall Tauscher bought 84 shares at an average price of $26.88. The price of the stock has increased by 2.49% since. On 11/20/2014, VP/General Counsel/Secretary Chris H Book bought 3 shares at an average price of $ 35.56. The price of the stock has decreased by 22.09% since.

Consolidated Edison Inc. (ED, Financial): SVP & CFO Robert N Hoglund bought 101 shares

On 12/31/2014, SVP and CFO Robert N Hoglund bought 101 shares at an average price of $64.69. The price of the stock has increased by 3.77% since. Consolidated Edison Inc. has a market cap of $19.33 billion and its shares were traded at around $67.13. The company has a P/E ratio of 16.10 and P/S ratio of 1.52 with a dividend yield of 3.75%. Over the past 10 years, Consolidated Edison Inc. had an annual average earnings growth of 3.90%.

Consolidated Edison Inc. announced their 2014 third quarter results with revenues of $3.39 billion and gross profit of $1.54 billion; the net income was $436 million. The 2013 total revenue was $12.35 billion, a 1% increase from the 2012 total revenue. The 2013 gross profit was $8.3 billion, flat rate from the 2012 gross profit. The 2013 net income was $1.06 billion.

On 12/31/2014, Chairman, President and CEO John McAvoy bought 15 shares at an average price of $64.69. The price of the stock has increased by 3.77% since. On 12/31/2014, SVP, Business Shared Services Joseph P Oates bought 23 shares at an average price of $64.69. The price of the stock has increased by 3.77% since. On 12/31/2014, VP and Chief Accounting Officer Robert Muccilo bought 79 shares at an average price of $64.69. The price of the stock has increased by 3.77% since.

Independent Bank Group Inc. (IBTX, Financial): EVP and CFO Michelle S Hickox bought 125 shares

On 12/23/2014, EVP and CFO Michelle S Hickox bought 125 shares at an average price of $38.60. The price of the stock has decreased by 0.31% since. Independent Bank Group Inc. has a market cap of $654.821 million and its shares were traded at around $38.48. The company has a P/E ratio of 23.80 and P/S ratio of 4.55 with a dividend yield of 0.62%.

Independent Bank Group Inc. announced their 2014 third quarter results with revenues of $41.15 million and net income of $8.96 million. The 2013 total revenue was $98.2 million, a 21% increase from the 2012 total revenue. The 2013 net income was $19.8 million, a 14% increase from the 2012 net income.

On 12/19/2014, Director G Stacy Smith bought 4,500 shares at an average price of $38.77. The price of the stock has decreased by 0.75% since. On 12/18/2014, Director John Webb Jennings Iii bought 1,500 shares at an average price of $39.82. The price of the stock has decreased by 3.37% since. On 12/16/2014, Vice Chairman and CLO Brian E Hobart bought 300 shares at an average price of $39.66. The price of the stock has decreased by 2.98% since.