Weekly CFO Buys Highlight

Recent buys from company CFOs

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Apr 08, 2019
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According to GuruFocus Insider Data, the recent CFO buys were: Endologix Inc. (ELGX, Financial), Gentex Corp (GNTX, Financial) and Tilly's Inc. (TLYS, Financial).

Endologix Inc. (ELGX, Financial): CFO Vaseem Mahboob bought 15,128 shares

CFO Vaseem Mahboob bought 15,128 shares for $6.61 per share on April 3. Since then, the stock price has increased by 5.75%. Endologix Inc. has a market cap of $72.332 million and its shares were traded around $6.99. The company has a price-sales ratio of 0.39.

Endologix announced its fourth-quarter results with revenue of $34.69 million and gross profit of $11.37 million, while the net loss was $25.96 million. The 2018 total revenue was $156.47 million, a 14% decrease from 2017. The 2018 gross profit was $91.92 million, a 24% decrease from the year prior. The 2018 net loss was $79.71 million.

CEO and Director John Onopchenko bought 30,257 shares for $6.61 per share on April 3. Since then, the stock price has increased by 5.75%. Director Thomas F. Zenty bought 3,025 shares for $6.61 per share on April 3. Since then, the stock price has increased by 5.75%. Director Guido J. Neels bought 22,692 shares for $6.61 per share on April 3. Since then, the stock price has increased by 5.75%.

Gentex Corp: CFO Kevin C. Nash bought 568 shares

CFO Kevin C. Nash bought 568 shares for $17.58 per share on March 29. Since then, the stock price has increased by 20.59%. Gentex Corp. has a market cap of $5.45 billion and its shares were traded around $21.20. The company has a price-earnings ratio of 13.01 and price-sales ratio of 3.12. The trailing 12-month dividend yield of Gentex Corp. is 2.08%, while the forward dividend yield is 2.17%. Over the past 10 years, Gentex Corp. had an annual average earnings growth of 17.7%. GuruFocus rated Gentex Corp. the business predictability rank of 4-star.

Gentex Corp. announced its fourth-quarter results with revenue of $453.41 million and gross profit of $172.04 million, while the net income was $106.27 million. The 2018 total revenue was $1.83 billion, a 14% decrease from 2017. The 2018 gross profit was $690.47 million, a 24% decrease from the year prior. The 2018 net income was $437.88 million.

President and CEO Steven R. Downing bought 711 shares for $17.58 per share on March 29. Since then, the stock price has increased by 20.59%. Vice President of Sales Matthew Chiodo bought 142 shares for $17.58 per share on March 29. Since then, the stock price has increased by 20.59%. Chief Technology Officer Neil Boehm bought 588 shares for $17.58 per share on March 29. Since then, the stock price has increased by 20.59%.

Tilly's Inc.: CFO Michael Henry bought 4,705 shares

CFO Michael Henry bought 4,705 shares for $11.08 per share on April 4. Since then, the stock price has increased by 2.26%. Tilly's Inc. has a market cap of $334.281 million and its shares were traded around $11.33. The company has a price-earnings ratio of 13.48 and price-sales ratio of 0.56. Over the past five years, Tilly's Inc. had an annual average earnings growth of 0.90%.

Tilly's announced its fourth-quarter results with revenue of $146.83 million and gross profit of $45.79 million, while the net income was $6.45 million. The 2018 total revenue was $576.90 million, a 1% increase from 2017. The 2018 gross profit was $175.37 million, a 4% increase from the year prior. The 2018 net income was $14.70 million.

Chief Digital Officer Jon Kubo sold 12,500 shares for $11.55 per share on March 28. Since then, the stock price has decreased by 1.9%.

Disclosure: none.