Weekly CFO Buys Highlight

Recent insider buys from company CFOs

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Jun 06, 2016
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According to GuruFocus Insider Data, the recent CFO buys were: Ascena Retail Group Inc. (ASNA, Financial), Sprouts Farmers Market Inc. (SFM, Financial) and Nature’s Sunshine Products Inc. (NATR, Financial).

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

On June 2, Giammatteo bought 5,000 shares at an average price of $7.18. The price of the stock has decreased by 0.14%. Ascena Retail Group Inc. has a market cap of $1.4 billion and its shares were traded around $7.17. The company has a P/S ratio of 0.22.

Ascena Retail Group announced its 2016 second-quarter results with revenues of $1.67 billion and gross profit of $1.03 billion, while the net income was $15 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 15.65%. On April 6, Director Katie J Bayne bought 4,000 shares at an average price of $10.12. The price of the stock has decreased by 29.15%. On March 15, Director Catherine Elizabeth Buggeln bought 5,000 shares at an average price of $10.25. The price of the stock has decreased by 30.05%.

Sprouts Farmers Market Inc.: CFO Bradley Lukow bought 10,000 shares

On May 26, Lukow bought 10,000 shares at an average price of $25.15. The price of the stock has decreased by 2.82%. Sprouts Farmers Market Inc. has a market cap of $3.73 billion and its shares were traded around $24.44. The company has a P/E ratio of 27.46 and P/S ratio of 1.02. Over the past five years, Sprouts Farmers Market Inc. had an annual average earnings growth of 48.20%.

Sprouts Farmers Market announced its 2016 second-quarter results with revenues of $993.24 million and gross profit of $306.51 million, while the net income was $46.21 million. The 2015 total revenue was $3.59 billion, a 21% increase from the 2014 total revenue. The 2015 gross profit was $1.05 billion, a 19% increase from the 2014 gross profit. The 2015 net income was $128.99 million.

On March 7, CEO Amin N. Maredia sold 730 shares at an average price of $27.93. The price of the stock has decreased by 12.5%. On March 18, Director James Douglas Sanders sold 14,532 shares at an average price of $30. The price of the stock has decreased by 18.53%. On March 10, Chief Development Officer Theodore Edward Frumkin II sold 36,667 shares at an average price of $27.48. The price of the stock has decreased by 11.06%.

Nature’s Sunshine Products Inc.: EVP and Treasurer Stephen M Bunker bought 10,000 shares

On May 31, Bunker bought 10,000 shares at an average price of $9.23. The price of the stock has increased by 10.83%. Nature’s Sunshine Products Inc. has a market cap of $184.194 million and its shares were traded around $10.23. The company has a P/E ratio of 17.64 and P/S ratio of 0.61. The trailing 12-month dividend yield of Nature’s Sunshine Products Inc. stocks is 3.91%. Over the past 10 years, Nature’s Sunshine Products Inc. had an annual average earnings growth of 5.20%.

Nature’s Sunshine Products announced its 2016 first-quarter results with revenues of $82.4 million and gross profit of $60.38 million, while the net income was $1.79 million. The 2015 total revenue was $324.71 million, an 11% decrease from the 2014 total revenue. The 2015 gross profit was $239.36 million, a 13% decrease from the 2014 gross profit. The 2015 net income was $13.66 million.

On May 18, CEO and chairman of the board Gregory Probert bought 12,000 shares at an average price of $9.13. The price of the stock has increased by 12.05%.Â

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