Weekly CFO Buys Highlight

Insiders invest in USA Truck, Diebold Nixdorf and Veritex Holdings

Author's Avatar
May 06, 2019
Article's Main Image

According to GuruFocus insider data, the recent chief financial officer buys were USA Truck Inc. (USAK, Financial), Diebold Nixdorf Inc. (DBD, Financial) and Veritex Holdings Inc. (VBTX, Financial).

USA Truck CFO bought 13,500 shares

Executive Vice President and CFO Jason R. Bates bought 13,500 shares for $13.75 per share on May 1. Since then, the stock has gained 7.93%.

USA Truck has a market cap of $127.440 million and its shares were traded around $14.84. The company has a price-earnings ratio of 10.04 and a price-sales ratio of 0.20. Over the past five years, the company had an annual average earnings growth of 1.20%.

The company announced its first-quarter results, posting revenue of $133.97 million and gross profit of $25.53 million, while the net income was $1.50 million. The 2018 total revenue was $534 million, a 20% increase from 2017. The gross profit was $91.03 million, a 28% increase from the year prior. The net income was $12.20 million.

President and CEO James D. Reed bought 2,500 shares for $13.66 per share on May 1. Since then, the share price has increased 8.64%. Director Robert E. Creager bought 3,600 shares for $13.87 per share on May 1. The stock has gained 6.99% since then. Director Alexander David Greene bought 7,325 shares for $13.7 per share on May 1. Since then, the share price has risen 8.32%.

Diebold Nixdorf CFO bought 10,000 shares

Senior Vice President and CFO Jeffrey L. Rutherford bought 10,000 shares for $9.12 per share on May 2. Since then, the stock has climbed 20.72%.

Diebold Nixdorf has a market cap of $843.280 million and its shares were traded around $11.01. The company has a price-sales ratio of 0.18.

The company announced its first-quarter results, posting revenue of $1.03 billion and gross profit of $245.60 million, while the net loss was $132.70 million. The 2018 total revenue was $4.58 billion, a 0.7% decrease from 2017. The gross profit was $985 million, a 4% decrease from the year prior. The net loss was $568.70 million.

Director Ellen Costello bought 3,000 shares for $9.05 per share on May 2. Since then, the share price has soared 21.66%. Senior Vice President of Services Olaf Robert Heyden bought 20,000 shares for $9.15 per share on May 2. Since then, the stock has gained 20.33%. Director Arthur F. Anton bought 25,000 shares for $9.01 per share on May 2. Since then, the shares have climbed 22.2%.

Veritex Holdings CFO bought 6,800 shares

CFO Terry Earley bought 6,800 shares for $25.88 per share on Apr. 25. Since then, the stock has risen 3.25%.

Veritex Holdings has a market cap of $1.46 billion and its shares were traded around $26.72. The company has a price-earnings ratio of 20.40 and a price-sales ratio of 5.22. The trailing 12-month dividend yield is 0.48%, while the forward dividend is 1.87%.

The company announced its first-quarter results, with revenue and gross profit of $76.39 million, while the net income was $7.41 million. The 2018 total revenue and gross profit was $119.49 million, a 68% increase from 2017. The net income was $39.34 million.

Director Pat S. Bolin bought 10,000 shares for $26.68 per share on April 26. Since then, the share price has swelled 0.15%. Director Gordon Huddleston bought 1,000 shares for $25.82 per share on April 25. Since then, the stock has gained 3.49%.

Disclosure: None.

Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.