Weekly CFO Buys Highlight

Insiders invest in Intel, Bloom Energy

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Aug 01, 2018
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According to GuruFocus insider data, the recent chief financial officer buys were Intel Corp. (INTC, Financial) and Bloom Energy Corp. (BE, Financial).

Intel CFO bought 5,243 shares

Interim CEO and CFO Robert Holmes Swan bought 5,243 shares for $47.69 per share on July 30. Since then, the stock price has increased by 2.35%.

Intel has a market cap of $225.06 billion and its shares were traded around $48.81. The company has a price-earnings ratio of 17.63 and a price-sales ratio of 3.53. The trailing 12-month dividend yield is 2.37%, while the forward dividend yield is 2.49%. Over the last 10 years, the company had an annual average earnings growth of 10.60%. GuruFocus rated Intel the business predictability rank of 3 out of 5 stars.

Intel posted first-quarter revenue of $16.07 billion and gross profit of $9.73 billion, while the net income was $4.45 billion. The total revenue for 2017 was $62.76 billion, a 6% increase from 2016. The gross profit was $39.12 billion, a 7% increase from the year prior. The net income was $9.60 billion.

Executive Vice President and General Manager of Data Center Group Navin Shenoy sold 601 shares for $47.69 per share on July 30. Since then, the stock price has increased by 2.35%. Executive Vice President and General Counsel Steven Ralph Rodgers sold 2,213 shares for $52.43 per share on July 26. Since then, the stock price has declined 6.9%.

Bloom Energy CFO bought 5,000 shares

Executive Vice President and CFO Randy W. Furr bought 5,000 shares for $15 per share on July 27. Since then, the stock price has increased 58.33%.

Bloom Energy has a market cap of $2.52 billion and its shares were traded around $23.75.

The company posted first-quarter revenue of $169.36 million and gross profit of $43.67 million, while the net loss was $17.72 million. The total revenue in 2017 was $376 million, an 80% increase from 2016. The gross loss was $18.04 million, an 83% increase from the year prior. The net loss was $262.60 million.

Director Scott D. Sandell bought 1,333,333 shares for $15 per share on July 27. In addition, Enterprise Associates 10 L New bought 1,333,333 shares and Director Colin Powell bought 333,333 shares. Since then, the stock price has increased 58.33%.

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