Weekly CFO Buys Highlight

AES Corp, Cardtronics and ChannelAdvisor were traded by company insiders

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Nov 14, 2017
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According to GuruFocus Insider Data, the recent chief financial officer (CFO) buys were: The AES Corp. (AES, Financial), Cardtronics PLC (CATM, Financial) and ChannelAdvisor Corp. (ECOM, Financial).

AES CFO bought 9,500 shares

Executive Vice President and CFO Thomas M. O'Flynn bought 9,500 shares for $10.64 per share on Nov. 13. The stock price has increased by 2.44% since then. The company has a market cap of $7.2 billion and its shares were trading around $10.90. The company has a price-sales (P/S) ratio of 0.51. The trailing 12-month dividend yield is 4.41%, while the forward dividend yield is 4.44%.

The company reported third-quarter revenue of $3.63 billion and gross profit of $711 million; the net income was $152 million. 2016 total revenue was $13.59 billion, a 4% decrease from 2015. The 2016 gross profit was $2.43 billion, a 15% decrease from the prior year. The 2016 net loss was $1.13 billion.

President and CEO Andres Gluski bought 24,632 shares for $10.17 per share on Nov. 10. The stock price has risen 7.18% since then. Executive Vice President, General Counsel and Secretary Brian A. Miller bought 9,500 shares for $10.49 per share on Nov. 13. Since then, the stock price has risen 3.91%.

Cardtronics CFO bought 12,500 shares

CFO and Chief Operating Officer Edward H. West bought 12,500 shares for $17.29 per share on Nov. 7. The stock price has declined 3.59% since then. The company has a market cap of $761.5 million and its shares were trading around $16.67. The company has a P/S ratio of 0.49. Over the past 10 years, Cardtronics had an annual average earnings growth of 11.80%.

Director Mark Rossi bought 5,000 shares for $17.41 per share on Nov. 7. The stock price has declined 4.25% since then. Director Dennis Lynch also bought 5,000 shares for $17 per share on Nov. 7. Since then, the stock price has fallen 1.94%.

ChannelAdvisor CFO bought 10,000 shares

CFO Mark Cook bought 10,000 shares for $8.8 per share on Nov. 8. The stock price has declined 5.11% since then. The company has a market cap of $221.850 million and its shares were trading around $8.35. The company has a P/S ratio of 1.82.

ChannelAdvisor reported third-quarter revenue of $30.1 million and gross profit of $23.55 million; the net loss was $4.1 million. 2016 total revenue was $113.2 million, a 13% increase from 2015. The 2016 gross profit was $85.58 million, a 14% increase from the year before. The 2016 net loss was $8 million.

Director Joseph L. Cowan bought 3,130 shares for $8.58 per share on Nov. 10. The stock price has declined 2.68% since then. Executive Chairman M. Scot Wingo sold 15,000 shares for $12.04 per share on Oct. 17. Since then, the stock price has fallen 30.65%.

Disclosure: None.