Weekly CFO Buys Highlight

Insiders invest in Kingsway Financial, Verisk Analytics and Royce Value Trust

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Jul 19, 2018
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According to GuruFocus insider data, the recent chief financial officer buys were Kingsway Financial Services Inc. (KFS, Financial), Verisk Analytics Inc. (VRSK, Financial) and Royce Value Trust Inc. (RVT, Financial).

Kingsway Financial CFO bought 538 shares

CFO and Executive Vice President William August Hickey Jr. bought 538 shares for $2.79 per share on July 13. Since then, the stock price has increased by 5.73%.

Kingsway has a market cap of $65.640 million and its shares were trading around $2.95. The company has a price-sales ratio of 0.37. Over the last five years, the company had an annual average earnings growth of 30.80%.

Kingsway Financial announced its first-quarter results with revenue of $45.71 million and gross profit of $14.29 million, while the net loss was $2.16 million. The 2017 total revenue was $192.49 million, a 9% increase from 2016. The gross profit was $35.24 million, a 11% decrease from the year prior. The net loss was $15.47 million.

CEO Larry G. Swets Jr. bought 746 shares for $2.79 per share on July 13. In addition, Senior Officer Hassan Raza Baqar bought 358 shares and Director and Senior Officer John Taylor Malone Fitzgerald bought 596 shares. Since then, the stock price has increased by 5.73%.

Verisk Analytics CFO bought 331 shares

Executive Vice President and CFO Lee Shavel bought 331 shares for $111.88 per share on July 10. Since then, the stock price has increased by 0.32%.

Verisk has a market cap of $18.55 billion and its shares were trading around $112.24. The company has a price-earnings ratio of 32.63 and a price-sales ratio of 8.51. Over the last five years, Verisk Analytics had an annual average earnings growth of 10.30%.

Verisk announced its first-quarter results with revenue of $581.2 million and gross profit of $360 million, while the net income was $133 million. The 2017 total revenue was $2.15 billion, an 8% increase from 2016. The gross profit was $1.36 billion, a 5% increase from the year prior. The net income was $555.1 million.

CEO and President Scott G. Stephenson sold 18,173 shares for $112.74 per share on July 16. Since then, the stock price has decreased by 0.44%. Senior Vice President of Corp. Dev and Strategy Vincent McCarthy sold 3,090 shares for $112.2 per share on July 18. Since then, the stock price has increased by 0.04%. Executive Vice President, General Counsel and Corporate Secretary Kenneth E. Thompson sold 87,193 shares for $112.62 per share on July 12. Since then, the stock price has decreased by 0.34%.

Royce Value CFO bought 2,421 shares

CFO Peter K. Hoglund bought 2,421 shares for $15.33 per share on July 9. Since then, the stock price has increased by 3.33%.

Royce Value Trust has a market cap of $1.35 billion and its shares were trading around $15.84. The trailing 12-month dividend yield is 7.68%, while the forward dividend yield is 7.70%.

CEO Christopher D. Clark bought 5,390 shares for $15.33 per share on July 9. In addition, Secretary John E. Denneen bought 5,150 shares and Director Arthur S. Mehlman bought 1,352 shares. Since then, the stock price has increased by 3.33%.

Disclosure: None.