1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Myra Ramdenbourg
Myra Ramdenbourg
Articles (247) 

Weekly CFO Buys Highlight: OFG Bancorp, Ascena Retail Group, Hornbeck Offshore Services

Recent insider buys from company CFOs

January 24, 2016 | About:

According to GuruFocus Insider Data, the recent CFO buys were: OFG Bancorp (NYSE:OFG), Ascena Retail Group Inc. (NASDAQ:ASNA), and Hornbeck Offshore Services Inc. (NYSE:HOS).

OFG Bancorp (NYSE:OFG): CFO and EVP Ganesh Kumar bought 3,734 shares

On Jan. 12, Kumar bought 3,734 shares at an average price of $6.04. The price of the stock has decreased by 8.94%. OFG Bancorp has a market cap of $241.273 million and its shares were traded at around $5.50. The company has a P/E ratio of 79.73 and P/S ratio of 0.70 with a dividend yield of 6.55%. Over the past five years, OFG Bancorp had an annual average earnings growth of 25.90%.

OFG Bancorp announced its 2015 third-quarter results with revenues of $143.22 while the net income was $4.57 million. The 2014 total revenue was $502.58 million, a 2% decrease from the 2013 total revenue. The 2014 net income was $85.18 million.

On Jan. 7, President and CEO Jose Rafael Fernandez bought 3,000 shares at an average price of $6.82. The price of the stock has decreased by 19.35%. On Jan. 15, Director Pedro Morazzani bought 3,000 shares at an average price of $5.98. The price of the stock has decreased by 8.03%. On Jan. 11, Director Julian Inclan bought 5,000 shares at an average price of $6.2. The price of the stock has decreased by 11.29%.

Ascena Retail Group Inc. (NASDAQ:ASNA): EVP and CFO Robert Giammatteo bought 5,000 shares

On Jan. 14, Giammatteo bought 5,000 shares at an average price of $8.21. The price of the stock has decreased by 7.31%. Ascena Retail Group Inc. has a market cap of $1.49 billion and its shares were traded at around $7.61. The company has a P/S ratio of 0.24.

Ascena Retail Group announced its 2015 second-quarter results with revenues of $1.67 billion and gross profit of $896.1 million, while the net loss was $18.1 million. The 2015 total revenue was $4.80 billion, a 0.26% increase from the 2014 total revenue. The 2015 gross profit was $2.67 billion, a 0.35% increase from the 2014 gross profit. The 2015 net loss was $236.8 million.

On Jan. 13, President and CEO David R Jaffe bought 10,000 shares at an average price of $8.5. The price of the stock has decreased by 10.47%. On Dec. 18, Chairman Elliot S Jaffe bought 100,000 shares at an average price of $9.7. The price of the stock has decreased by 21.55%. On Oct. 16, EVP, Human Resources John E Pershing sold 967 shares at an average price of $13.07. The price of the stock has decreased by 41.78%.

Hornbeck Offshore Services Inc. (NYSE:HOS): Executive Vice President and CFO James O Harp Jr. bought 20,000 shares

On Jan. 20, Harp bought 10,000 shares at an average price of $6.5. The price of the stock has increased by 22.46%. Hornbeck Offshore Services Inc. has a market cap of $285.360 million and its shares were traded at around $7.96. The company has a P/E ratio of 3.28 and P/S ratio of 0.53. Over the past 10 years, Hornbeck Offshore Services Inc. had an annual average earnings growth of 6.30%.

Hornbeck Offshore Services Inc. announced its 2015 third-quarter results with revenues of $116.28 million and gross profit of $61.34 million; the net income was $14.42 million. The 2014 total revenue was $634.79 million, a 16% increase from the 2013 total revenue. The 2014 gross profit was $338.29 million, a 10% increase from the 2013 gross profit. The 2014 net income was $88.53 million.

On Jan. 7, President and CEO Todd M Hornbeck bought 12,196 shares at an average price of $8.2. The price of the stock has decreased by 2.93%. On Jan. 20, Executive Vice President and COO Carl G Annessa bought 20,000 shares at an average price of $6.74. The price of the stock has increased by 18.1%.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

» Take a Free Trial of Premium Membership


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


GuruFocus has detected 2 Warning Signs with OFG Bancorp $OFG.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Myra Ramdenbourg


User Generated Screeners


nghassanPenny Stocks
Numanchucode:5
brucexrog jun 2017
clemclem_99GuVGain3
PortfolioPlusMy Oceania Universe
PortfolioPlusMy Universe
clemclem_99GuVGain2
WellrossHELLOJUNE
clemclem_99GuVGain1
danvillescottBANKS
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK