Weekly CFO Buys Highlight

Recent buys from company CFOs

Author's Avatar
Aug 08, 2018
Article's Main Image

According to GuruFocus Insider Data, the recent CFO buys were: Del Frisco's Restaurant Group Inc. (DFRG, Financial) and Bloom Energy Corp (BE, Financial).

Del Frisco's Restaurant Group Inc.: CFO Neil H. Thomson bought 6,250 shares

CFO Neil H Thomson bought 6,250 shares for $8 per share on Aug. 6. Since then, the stock price has increased by 13.13%. Del Frisco's Restaurant Group Inc. has a market cap of $184.470 million and its shares were traded around $9.05. The company has a price-sales ratio of 0.52.

The company posted its second-quarter revenue of $90.04 million and gross profit of $20.06 million, while the net loss was $1.56 million. The total revenue in 2017 was $361.43 million, a 3% increase from 2016. The gross profit was $77.50 million, a 7% decrease from the year prior. The net loss was $11.46 million.

President and CEO Norman J. Abdallah bought 10,000 shares for $8 per share on Aug. 6. Since then, the stock price has increased by 13.13%. CEO, Emerging Brands Jeff Frank Carcara bought 2,500 shares for $8 per share on Aug. 6. Since then, the stock price has increased by 13.13%. Director Ian Russell Carter bought 10,000 shares for $8 per share on Aug. 6. Since then, the stock price has increased by 13.13%.

Bloom Energy Corp: EVP and CFO Randy W. Furr bought 5,000 shares

EVP and CFO Randy W. Furr bought 5,000 shares for $15 per share on July 27. Since then, the stock price has increased by 83%. Bloom Energy Corp. has a market cap of $2.91 billion and its shares were traded around $27.45.

The company posted its 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, 10% Owner Scott D. Sandell bought 1,333,333 shares for $15 per share on July 27. Since then, the stock price has increased by 83%. 10% Owner Enterprise Associates 10 L New bought 1,333,333 shares for $15 per share on July 27. Since then, the stock price has increased by 83%. Director Colin Powell bought 333,333 shares for $15 per share on July 27. Since then, the stock price has increased by 83%.

Disclosure: none.