Weekly CFO Buys Highlight

Recent buys from company CFOs

Author's Avatar
Nov 18, 2018
Article's Main Image

According to GuruFocus Insider Data, the recent CFO buys were: CommScope Holding Co Inc. (COMM, Financial), Infinera Corp (INFN, Financial) and Superior Industries International Inc. (SUP, Financial).

CommScope Holding Co Inc.: EVP and CFO Alexander W. Pease bought 40,000 Shares

EVP and CFO Alexander W. Pease bought 40,000 shares for $18.7 per share on Nov. 15. Since then, the stock price has decreased by 1.28%. CommScope Holding Co Inc. has a market cap of $3.55 billion and its shares were traded around $18.46. The company has a P/E ratio of 16.64 and P/S ratio of 0.80. Over the past five years, CommScope Holding Co. Inc. had an annual average earnings growth of 9.40%.

CommScope Holding Co. announced its third-quarter results with revenue of $1.15 billion and gross profit of $423.87 million, while the net income was $63.84 million. The 2017 total revenue was $4.56 billion, a 7% decrease from 2016. The 2017 gross profit was $1.77 billion, a 13% decrease from the year prior. The 2017 net income was $193.76 million.

SVP, General Counsel & Sec Frank B. Wyatt II bought 7,500 shares for $18.8 per share on Nov. 14. Since then, the stock price has decreased by 1.81%. SVP and Chief Accounting Officer Brooke B. Clark bought 2,250 shares for $18.64 per share on Nov. 13. Since then, the stock price has decreased by 0.97%. Director Claudius E. Watts IV bought 25,000 shares for $19 per share on Nov. 13. Since then, the stock price has decreased by 2.84%.

Infinera Corp: CFO Brad Feller bought 40,000 Shares

CFO Brad Feller bought 40,000 shares for $4.5 per share on Nov. 14. Since then, the stock price has increased by 8.89%. Infinera Corp has a market cap of $857.435 million and its shares were traded around $4.90. The company has a P/S ratio of 0.90.

Infinera Corp announced its third-quarter results with revenue of $200.41 million and gross profit of $70.19 million, while the net loss was $32.61 million. The 2017 total revenue was $740.74 million, a 18% decrease from 2016. The 2017 gross profit was $263.14 million, a 33% decrease from the year prior. The 2017 net loss was $194.51 million.

CEO Thomas J. Fallon bought 50,000 shares for $4.63 per share on Nov. 9. Since then, the stock price has increased by 5.83%. COO David W. Heard bought 20,000 shares for $4.74 per share on Nov. 9. Since then, the stock price has increased by 3.38%.

Superior Industries International Inc.: CFO Matti Masanovich bought 50,000 shares

CFO Matti Masanovich bought 29,050 shares for $8.34 per share on Nov. 14. Since then, the stock price has decreased by 2.64%. Superior Industries International Inc. has a market cap of $203.156 million and its shares were traded around $8.12. The company has a P/S ratio of 0.15. The trailing 12-month dividend yield of Superior Industries International Inc. stocks is 4.43%, while the forward dividend yield is 4.43%. Over the past five years, Superior Industries International Inc. had an annual average earnings growth of 12.60%.

Superior Industries International announced its third-quarter results with revenue of $347.61 million and gross profit of $23.67 million, while the net loss was $663,000. The 2017 total revenue was $1.11 billion, a 51% increase from 2016. The 2017 gross profit was $103.04 million, a 18% increase from the year prior. The 2017 net loss was $6.2 million.

President and CEO Donald J. Stebbins bought 31,249 shares for $8 per share on Nov. 15. Since then, the stock price has increased by 1.5%. SVP-GC and Corporate Secretary Joanne M. Finnorn bought 5,800 shares for $8.08 per share on Nov. 15. Since then, the stock price has increased by 0.5%. Director James Strauss Mcelya bought 33,784 shares for $8.53 per share on Nov. 13. Since then, the stock price has decreased by 4.81%.

Disclosure: none.