Weekly CFO Buys Highlight

Recent buys from company CFOs

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May 13, 2019
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According to GuruFocus Insider Data, the recent CFO buys were: Heritage Insurance Holdings Inc. (HRTG, Financial), Mr. Cooper Group Inc. (COOP, Financial) and Intevac Inc. (IVAC, Financial).

Heritage Insurance Holdings Inc. (HRTG, Financial): CFO Kirk Lusk bought 5,000 shares

CFO Kirk Lusk bought 5,000 shares for $14.33 per share on May 9. Since then, the stock price has increased by 2.79%. Heritage Insurance Holdings Inc. has a market cap of $442.092 million and its shares were traded around $14.73. The company has a price-earnings ratio of 20.74 and price-sales ratio of 0.80. The trailing 12-month dividend yield of Heritage Insurance Holdings Inc. stocks is 1.63%, while the forward dividend yield is 1.63%.

The company announced its first-quarter results, with revenue of $118.26 million and gross profit of $30.10 million, while the net income was $6.96 million. The 2018 total revenue was $480.17 million, a 258% increase from 2017. The gross profit was $158.08 million, a 258% increase from the year prior. The net income was $27.16 million.

Mr. Cooper Group Inc. (COOP, Financial): Vice Chairman and CFO Christopher G. Marshall bought 110,000 shares

Vice Chairman and CFO Christopher G. Marshall bought 110,000 shares for $9.08 per share on May 6. Since then, the stock price has increased by 5.51%. Mr. Cooper Group Inc. has a market cap of $872.240 million and its shares were traded around $9.58. The company has a price-sales ratio of 1.90.

The company announced its first-quarter results, with revenue of $384 million and gross loss of $59 million, while the net loss was $186 million. The 2018 total revenue was $2.04 billion, a 258% increase from 2017. The gross profit was $2.04 billion, a 258% increase from the year prior. The net income was $2.12 million.

Intevac Inc. (IVAC, Financial): CFO, James P Moniz bought 10,000 shares

CFO, James P Moniz bought 10,000 shares for $5.24 per share on May 7. Since then, the stock price has decreased by 1.34%. Intevac Inc. has a market cap of $118.704 million and its shares were traded around $5.17. The company has a price-earnings ratio of 18.46 and price-sales ratio of 1.17.

The company announced its first-quarter results, with revenue of $24.83 million and gross profit of $7.24 million, while the net loss was $2.39 million. The 2018 total revenue was $95.11 million, a 16% decrease from 2017. The gross profit was $32.76 million, a 28% decrease from the year prior. The net income was $3.58 million.

Director David S. Dury bought 10,000 shares for $5.09 per share on May 2. Since then, the stock price has increased by 1.57%.

Disclosure: none.

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