Weekly CFO Buys Highlight: Revolution Lighting Technologies, Kingsway Financial Services, OHA Investment

Recent insider buys from company CFOs

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Jan 04, 2016
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According to GuruFocus Insider Data, the recent CFO buys were: Revolution Lighting Technologies Inc. (RVLT, Financial), Kingsway Financial Services Inc. (KFS, Financial), and OHA Investment Corp. (OHAI, Financial).

Revolution Lighting Technologies Inc. (RVLT, Financial): CFO and 10% owner James Depalma bought 100,000 shares

On Dec. 31, Depalma bought 100,000 shares at an average price of 70 cents per share. Revolution Lighting Technologies Inc. has a market cap of $125.240 million and its shares were traded at around 80 cents. The company has a P/S ratio of 0.95.

Revolution Lighting Technologies announced its 2015 third-quarter results with revenues of $37.73 million and gross profit of $12.19 million; the net loss was $285,000. The 2014 total revenue was $76.84 billion, a 195% increase from the 2013 total revenue. The 2014 gross profit was $24.22 billion, a 143% increase from the 2013 gross profit. The 2014 net loss was $5.18 million.

On Dec. 16, Chairman and CEO Robert V Lapenta bought 50,000 shares at an average price of 86 cents per share. On Nov. 6, Director James Depalma bought 50,000 shares at an average price of $1.

Kingsway Financial Services Inc. (KFS, Financial): Executive VP, COO, and CFO William August Hickey Jr. bought 332 shares

On Dec. 29, Executive VP, COO, and CFO William August Hickey Jr. bought 332 shares at an average price of $4.54. The price of the stock has increased by 0.66%. Kingsway Financial Services Inc. has a market cap of $90.070 million and its shares were traded at around $4.57. The company has a P/E ratio of 30.70 and P/S ratio of 0.54.

Kingsway Financial Services announced its 2015 third-quarter results with revenues of $51.2 million; the net loss was $1 million. The 2014 total revenue was $216 million, a 9% increase from the 2013 total revenue. The 2014 net loss was $14.82 million.

On Dec. 29, President and CEO Larry G Swets Jr. bought 459 shares at an average price of $4.54. The price of the stock has increased by 0.66%. On Dec. 29, Vice President Hassan Baqar bought 156 shares at an average price of $4.54. The price of the stock has increased by 0.66%. On Dec. 29, Senior Officer William A. Hickey, bought 332 shares at an average price of $4.54. The price of the stock has increased by 0.66%.

OHA Investment Corp (OHAI, Financial): CFO Cory Gilbert bought 2,490 shares

On Dec. 30, Gilbert bought 1,309 shares at an average price of $4.05. The price of the stock has decreased by 6.17%. OHA Investment has a market cap of $76.660 million and its shares were traded at around $3.80. The company has a P/S ratio of 3.73 and dividend yield of 12.63%.

OHA Investment Corp. announced its 2015 third-quarter results with gross profit of $4.13 million; the net loss was $6.65 million. The 2014 total revenue was $20.04 million, a 19% decrease from the 2013 total revenue and gross profit. The 2014 net loss was $22.23 million.

On Dec. 30, CEO Robert W. Long bought 6,089 shares at an average price of $4.06. The price of the stock has decreased by 6.4%. On Dec. 30, Director Frank V Tannura bought 4,364 shares at an average price of $4.06. The price of the stock has decreased by 6.4%. On Dec. 30, Director Stuart I Oran bought 4,364 shares at an average price of $4.06. The price of the stock has decreased by 6.4%.