Weekly CFO Buys Highlight

Company insiders buy 3 stocks

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Feb 22, 2018
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According to GuruFocus insider data, the recent chief financial officer buys were: Gaming and Leisure Properties Inc. (GLPI, Financial), W.R. Grace and Co. (GRA, Financial) and Net 1 UEPS Technologies Inc. (UEPS, Financial).

Gaming and Leisure Properties CFO bought 85,000 shares

Senior Vice Presdient, CFO and Treasurer William J. Clifford bought 85,000 shares for $33 per share on Feb. 13. Since then, the stock price has increased by 1.42%. Gaming And Leisure Properties has a market cap of $7.14 billion and its shares were trading around $33.47. The company has a price-earnings ratio of 18.78 and a price-sales ratio of 7.32. The trailing 12-month dividend yield is 7.47%, while the forward dividend yield is 7.54%. Over the past five years, Gaming and Leisure Properties had annual average earnings growth of 53.40%.

Gaming and Leisure Properties announced its third-quarter results with revenue of $244.51 million and gross profit of $224.62 million, while the net income was $97.01 million. Revenue in 2016 was $828.26 million, a 44% increase from 2015. The gross profit in 2016 was $745.79 million, a 51% increase from the year prior. Net income was $289.31 million in 2016.

Chairman, President and CEO Peter M. Carlino bought 40,000 shares for $33.33 per share on Feb. 12. Since then, the stock price has increased 0.42%.

W.R. Grace and Co. CFO bought 5,300 shares

Senior Vice President and CFO Thomas E. Blaser bought 5,300 shares for $65.32 per share on Feb. 13. Since then, the stock price has increased 3.75%. The company has a market cap of $4.59 billion and its shares were traded around $67.77. The company has a price-earnings ratio of 423.54 and a price-sapes ratio of 2.69. The trailing 12-month dividend yield is 1.25%, while the forward dividend yield is 1.43%. Over the past 10 years, W.R. Grace & Co. had an annual average earnings growth of 3.10%.

W.R. Grace & Co. announced its third-quarter results with revenue of $429.5 million and gross profit of $173.3 million, while the net income was $47.4 million. Total revenue in 2016 was $1.60 billion, a 2% decrease from 2015. The 2016 gross profit was $655.9 million, a 0.6% increase from the year before. Net income was $94.1 million in 2016.

Chairman and CEO Alfred E. Festa bought 25,000 shares for $65.38 per share on Feb. 12. Since then, the stock price has increased 3.66%. Vice President and Chief Human Resources Officer Elizabeth C. Brown bought 3,700 shares for $67.17 per share on Feb. 16. Since then, the stock price has increased 0.89%. Keith N. Cole, vice president of governement relations and environment, health and safely, bought 1,000 shares for $65.76 per share on Feb. 14. Since then, the stock price has increased by 3.06%.

Net 1 UEPS Technologies CFO bought 6,000 shares

CEO and CFO Herman Kotze bought 6,000 shares for $9.85 per share on Feb. 15. Since then, the stock price has increased 2.23%. Net 1 UEPS Technologies has a market cap of $572.300 million and its shares were traded around $10.07. The company has a P/E ratio of 9.86 and P/S ratio of 0.94. Over the past 10 years, the company had an annual average earnings growth of 7%.

Net 1 UEPS Technologies announced its fourth-quarter results with revenue of $148.42 million and gross profit of $74.42 million, while the net income was $9.62 million. The 2017 total revenue was $610.07 million, a 3% increase from 2016. The 2017 gross profit was $317.68 million, a 6% increase from the year prior. Net income for the year was $72.95 million.

Director Christopher Stefan Seabrooke bought 4,322 shares for $10.36 per share on Feb. 19. Since then, the stock price has fallen 2.8%.

Disclosure: None.