Weekly CFO Buys Highlight

Insiders invest in Bank of South Carolina, Eiger BioPharmaceuticals, Kingsway Financial Services

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Apr 23, 2019
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According to GuruFocus insider data, the recent chief financial officer buys included Bank of South Carolina Corp. (BKSC, Financial), Eiger BioPharmaceuticals Inc. (EIGR, Financial) and Kingsway Financial Services Inc. (KFS, Financial).

Bank of South Carolina CFO bought 10,000 shares

CFO Eugene H. Walpole IV bought 10,000 shares for $18.92 per share on Apr. 17. Since then, the stock price has decreased 0.16%.

The bank has a market cap of $104.210 million and its shares were traded around $18.89. The company has a price-earnings ratio of 15.63 and a price-sales ratio of 5.75. The trailing 12-month dividend yield is 3.23%, while the forward dividend yield is 3.23%.

Bank of South Carolina announced its fourth-quarter results with revenue and gross profit of $4.56 billion, while the net income was $1.78 billion. The 2018 total revenue and gross profit was $18.76 billion, a 4% increase from 2017. The net income was $4.90 billion.

Sheryl G. Sharry bought 10,000 shares for $18.92 per share on Apr. 17. On the same day, Executive Vice President Douglas H. Sass bought 10,000 shares and President Fleetwood S Hassell bought 10,000 shares. Since then, the stock price has decreased by 0.16%.

Eiger BioPharmaceuticals CFO bought 1,250 shares

CFO Sriram Ryali bought 1,250 shares for $11.08 per share on Apr. 22. Since then, the stock price has decreased by 0.09%.

Eiger Biopharmaceuticals has a market cap of $213.200 million and its shares were traded around $11.07. Over the past five years, the company annual average earnings growth of 34.80%.

Director Thomas John Dietz bought 5,000 shares for $11.05 per share on Apr. 22. Since then, the stock price has increased by 0.18%. Stephana Eilene Patton bought 1,000 shares for $11.03 per share on Apr. 22. Since then, the stock price has increased by 0.36%.

Kingsway Financial CFO bought 596 shares

CFO and Executive Vice President William August Hickey Jr. bought 596 shares for $2.52 per share on Apr. 15. Since then, the stock price has decreased by 10.71%.

Kingsway Financial has a market cap of $49.030 million and its shares were traded around $2.25 per share. The company has a price-sales ratio of 0.40. Over the past five years, the company had an annual average earnings growth of 33.40%.

Kingsway Financial Services announced its third-quarter results with revenue of $12.28 million and gross profit of $8.35 million, while the net loss was $4.19 million. The 2018 total revenue was $45.47 million, a 40% increase from 2017. The gross profit was $30.38 million, a 33% increase from the year prior. The net loss was $15.47 million.

President and CEO John Taylor Maloney Fitzgerald bought 830 shares for $2.52 per share on Apr. 15. Since then, the stock price has decreased by 10.71%. Director and 10% Owner Joseph Stilwell bought 135,341 shares for $3.01 per share on Mar. 29. Since then, the stock price has declined 25.25%.

Disclosure: None.

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