Weekly CFO Buys Highlight

Recent buys from company CFOs

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Jan 27, 2019
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According to GuruFocus Insider Data, the recent CFO buys were: Marvell Technology Group Ltd (MRVL, Financial), Aqua Metals Inc. (AQMS, Financial) and Commercial Metals Co (CMC, Financial).

Marvell Technology Group Ltd (MRVL, Financial): CFO Jean X. Hu bought 15,000 shares

CFO Jean X. Hu bought 15,000 shares for $14.67 per share on Dec. 26. Since then, the stock price has increased by 15.06%. Marvell Technology Group Ltd. has a market cap of $11.1 billion and its shares were traded around $16.88. The company has a price-earnings ratio of 60.29 and price-sales ratio of 3.49. The trailing 12-month dividend yield of Marvell Technology Group Ltd. stocks is 1.41%, while the forward dividend yield is 1.45%.

Marvell Technology Group Ltd. announced its fourth-quarter results with revenue of $851.05 million and gross profit of $489.43 million, while the net loss was $53.77 million. The 2018 total revenue was $2.41 billion, a 5% increase from 2017. The 2018 gross profit was $1.46 billion, a 13% increase from the year prior. The 2018 net income was $520.83 million.

Director Robert E. Switz bought 2,500 shares for $14.81 per share on Dec. 21. Since then, the stock price has increased by 13.98%. Director Michael G. Strachan bought 10,000 shares for $14.85 per share on Dec. 20. Since then, the stock price has increased by 13.67%. Director Syed Ali sold 442,000 shares for $17.14 per share on Jan. 11. Since then, the stock price has decreased by 1.52%.

Aqua Metals Inc. (AQMS, Financial): CFO Judd Merrill bought 5,000 shares

CFO Judd Merrill bought 5,000 shares for $1.9 per share on Jan. 17. Since then, the stock price has increased by 16.84%. Aqua Metals Inc. has a market cap of $98.380 million and its shares were traded around $2.22. The company has a price-sales ratio of 14.91.

Aqua Metals announced its third-quarter results with revenue of $1.17 million and gross loss of $5.28 million, while the net loss was $9.26 million. The 2017 total revenue was $2.09 million, while the gross loss was $7.45 million. The 2018 net income was $26.58 million.

Director S. Shariq Yosufzai bought 10,000 shares for $1.9 per share on Jan. 17. Since then, the stock price has increased by 16.84%. Director Eric A. Prouty bought 5,000 shares for $1.9 per share on Jan. 17. Since then, the stock price has increased by 16.84%. Director Vincent L. Divito bought 5,000 shares for $1.9 per share on Jan. 17. Since then, the stock price has increased by 16.84%.

Commercial Metals Co (CMC, Financial): SVP and CFO Mary A. Lindsey bought 1,000 shares

SVP and CFO Mary A. Lindsey bought 1,000 shares for $15.92 per share on Jan. 16. Since then, the stock price has increased by 8.04%. Commercial Metals Co. has a market cap of $2.02 billion and its shares were traded around $17.20. The company has a price-earnings ratio of 16.71 and price-sales ratio of 0.42. The trailing 12-month dividend yield of Commercial Metals Co. stocks is 2.79%, while the forward dividend yield is 2.79%. Over the past 10 years, Commercial Metals Co. had an annual average earnings growth of 1.10%.

Commercial Metals Co. announced its fourth-quarter results with revenue of $1.28 billion and gross profit of $158.91 million, while the net income was $19.74 million. The 2018 total revenue was $4.64 billion, a 21% increase from 2017. The 2018 gross profit was $622.17 million, a 19% increase from the year prior. The 2018 net income was $138.51 million.

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