Weekly CFO Buys Highlight

Insiders invest in EverBank Financial, Domo, FinTech Acquisition

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Jul 09, 2018
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According to GuruFocus insider data, the recent chief financial officer buys were EverBank Financial Corp. (EVER, Financial), Domo Inc. (DOMO, Financial) and FinTech Acquisition Corp. II (FNTE, Financial).

EverBank Financial CFO bought 5,000 shares

CFO and Treasurer John Brandon Wagner bought 5,000 shares for $18 per share on July 2. Since then, the stock price has decreased by 3.39%. EverBank has a market cap of $2.22 billion and its shares were traded around $17.39. The trailing 12-month dividend yield is 1.37%, while the forward dividend yield is 1.23%.

Everbank Financial announced its first-quarter results with revenue of $40.73 million and gross profit of $38.12 million, while the net loss was $1.33 million. 2017 total revenue was $126.24 million, a 3% increase from 2016. The gross profit was $118.50 million, a 1% increase from the year prior. The net loss was $5.07 million.

President and CEO Seth Birnbaum sold 565,212 shares for $18 per share on July 2. In addition, Chief Revenue Officer Jayme Mendal bought 1,000 shares and Director George R. Neble bought 4,000 shares. Since then, the stock price has decreased by 3.39%.

Domo Inc. CFO bought 3,500 shares

CFO Bruce C. Jr. Felt bought 3,500 shares for $21 per share on July 3. Since then, the stock price has decreased by 0.29%. Domo has a market cap of $522.530 million and its shares were traded around $20.94.

Domo announced its first-quarter results with revenue of $31.95 million and gross profit of $20.38 million, while the net loss was $45.51 million. 2017 total revenue was $108.52 million, a 46% increase from 2016. The gross profit was $63.61 million, a 54% increase from the year prior. The net loss was $176.56 million.

Founder, CEO and Chairman Joshua G. James bought 101,700 shares for $21 per share on July 3. Since then, the stock price has decreased by 0.29%.

FinTech Acquisition CFO bought 200,000 shares

President and CFO James J Mcentee III bought 200,000 shares for $10.05 per share on June 29. Since then, the stock price has decreased by 0.4%. FinTech Acquisition has a market cap of $239.170 million and its shares were traded around $10.01.

CEO Daniel G. Cohen bought 300,000 shares for $10.05 per share on June 29 and Director Betsy Z. Cohen bought 500,000 shares. Since then, the stock price has decreased by 0.4%.

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