According to GuruFocus Insider Data, the recent CFO buys were: Layne Christensen Co, (LAYN, Financial), PacWest Bancorp (PACW, Financial), and Kingsway Financial Services Inc. (KFS, Financial).
Layne Christensen Co.: CFO and Senior Vice President Michael J. Anderson bought 4,000 shares
On Oct. 16, Anderson bought 4,000 shares at an average price of $7.1. The price of the stock has decreased by 6.9%. Layne Christensen has a market cap of $130.830 million and its shares were traded at around $6.61. The company has a P/S ratio of 0.17.
Layne Christensen announced its 2015 third-quarter results with revenues of $156.23 million and gross profit of $22.42 million; the net income was $18.15 million. The 2015 total revenue was $797.6 million, a flat rate change from the 2014 total revenue. The 2015 gross profit was $115.04 million, a 13% decrease from the 2014 gross profit. The 2015 net income was $110.15 million.
On Sept. 14, President and CEO Michael J. Caliel bought 7,500 shares at an average price of $6.09. The price of the stock has increased by 8.54%. On Oct. 14, Chairman of the Board David Brown bought 10,000 shares at an average price of $6.77. On Sept. 28, Director Nelson Obus bought 5,200 shares at an average price of $5.89.Â
PacWest Bancorp: EVP and CFO Patrick J. Rusnak bought 4,800 shares
On Oct. 21, Rusnak bought 2,400 shares at an average price of $43.09. The price of the stock has increased by 4.5%. PacWest Bancorp has a market cap of $4.64 billion and its shares were traded at around $45.03. The company has a P/E ratio of 20.23 and P/S ratio of 5.38, with a dividend yield of 4.44%.
PacWest Bancorp announced its 2015 second-quarter results with revenues of $238.08 million; the net income was $85.08 million. The 2014 total revenue was $746.96 million, a 138% increase from the 2013 total revenue. The 2014 net income was $168.91 million.
On June 5, CEO and President Matthew P. Wagner sold 81,584 shares at an average price of $46.09. The price of the stock has decreased by 2.3%. On Oct. 13, Director John M. Eggemeyer III sold 59,500 shares at an average price of $45.04. The price of the stock has decreased by 0.02%. On June 11, EVP Suzanne R. Brennan sold 1,705 shares at an average price of $47.21. The price of the stock has decreased by 4.62%.
Kingsway Financial Services Inc.: Executive VP, COO, and CFO William August Hickey Jr. bought 332 shares
On Oct. 15, Hickey bought 332 shares at an average price of $4.5. The price of the stock has decreased by 1.78%. Kingsway Financial Services Inc. has a market cap of $87.120 million and its shares were traded at around $4.42. The company has a P/S ratio of 0.45.
Kingsway Financial Services announced its 2015 second-quarter results with revenues of $39.54 million and gross profit of $9.55 million; the net income was $1.83 million. The 2014 total revenue was $188.02 million, a 9% increase from the 2013 total revenue. The 2014 gross profit was $78.55 million, a 28% increase from the 2013 gross profit. The 2014 net income was $12.82 million.
On Oct. 15, President and CEO Larry G. Swets Jr. bought 462 shares at an average price of $4.5. The price of the stock has decreased by 1.78%. On Oct. 15, Senior Officer Hassan Raza Baqar, bought 156 shares at an average price of $4.5. Also on the same day, Senior Officer William A. Hickey, bought 332 shares at an average price of $4.5.Â
