Allan Merrill (Insider Trades), CEO and president of Beazer Homes USA Inc. (BZH), acquired 5,000 shares of the company on May 10. The average price per share was $7.53 for a total transaction cost of $37,650. Beazer Homes is an energy-efficient home construction company with a market cap of $231.58 million and a P/S ratio of 0.13.
Insider buys with the company decreased from nine transactions totaling 65,172 shares in 2014, to eight transactions totaling 48,500 shares in 2015. The number then increased to 11 transactions of 162,167 shares of the company from January to May 10. Merrill acquired 30,000 shares of the company in four transactions since August 2014. Director Stephen Zelnak (Insider Trades) and Executive Vice President and CFO Robert Salomon (Insider Trades) acquired 55,000 and 4,500 shares of the company, respectively, on May 5. The average per share price of both transactions was $7.25. The decrease in number of insider buys in 2015 corresponds to an increase in month end price during the first half of 2015. 
For more information about insider transactions with BZH, click here.
Beazer Homes reported total revenue of $385.607 million in the three months ended March 31. This is up from $299.359 million reported in the corresponding quarter of 2015. Net loss also decreased from $1.996 million, or 8 cents per share, to $1.234 million, or 4 cents per share in the year-ago quarter. Merrill commented that the results “demonstrated [the company’s] ability to grow EBITDA while reducing leverage,” and although the “uncertainty in the broader economy contributed to an uneven start to the spring selling season,” the company was “encouraged by more consistent new home orders as the quarter progressed.” Annual revenue follows an increasing trend line and increased 19.51% since 2011. On the other hand, BZH annual net income follows a decreasing trend line. 
On April 29, Beazer Homes announced that the U.S. Environmental Protection Agency recognized Beazer Homes, an Energy Star partner since 1998, with a 2016 Energy Star Partner of the Year – Sustained Excellence Award. The award acknowledged the company’s leadership in protecting the environment through energy efficiency.
According to GuruFocus.com information, Beazer Homes USA has a business predictability rank of 1 out of 5 stars. For more information about business predictability rank, click here.
Chuck Royce (Trades, Portfolio) increased his stake in BZH by 59.93%, acquiring 483,104 shares of the company for an average per share price of $8.35. The total estimated loss of the holding since the first quarter of 2015 is 45%. For more information about guru transactions with BZH, click here.
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