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Weekly CFO Buys Highlight

- By Myra Ramdenbourg

According to GuruFocus Insider Data, the recent CFO buys were: York Water Co (YORW), Martin Midstream Partners LP (MMLP), and Kingsway Financial Services Inc. (KFS).

York Water Co (YORW): CFO Joseph Thomas Hand bought 166 shares

On July 18, CFO Kathleen M. Miller bought 130 shares at an average price of $30.15. The price of the stock has increased by 2.99%. York Water Co has a market cap of $398.960 million and its shares were traded around $31.05. The company has a P/E ratio of 32.03 and P/S ratio of 8.45. The trailing 12-month dividend yield of York Water Co stocks is 2.00%, while the forward dividend yield is 1.99%. Over the past 10 years, York Water Co had an annual average earnings growth of 4.30%. GuruFocus rated York Water Co the business predictability rank of 4.5-star .


York Water Co announced its 2016 first-quarter results with revenues of $11.28 million and gross profit of $9.39 million while the net income was $2.49 million. The 2015 total revenue was $47.09 million, a 3% increase from the 2014 total revenue. The 2015 gross profit was $39.02 million, a 3% increase from the 2014 gross profit. The 2015 net income was $12.49 million.

On July 15, President and CEO Jeffrey R. Hines bought 497 shares at an average price of $30.32. The price of the stock has increased by 2.41%. On July 18, Vice President - Operations John H. Strine bought 66 shares at an average price of $30.16. The price of the stock has increased by 2.95%. On July 18, Vice President - Engineering Mark S. Snyder bought 32 shares at an average price of $30.07. The price of the stock has increased by 3.26%.

Martin Midstream Partners LP (MMLP): Executive VP and CFO Robert D. Bondurant bought 236 shares

On July 08, Executive VP and CFO Robert D. Bondurant bought 236 shares at an average price of $23.68. The price of the stock has increased by 2.03%. Martin Midstream Partners LP has a market cap of $856.610 million and its shares were traded around $24.16. The company has a P/E ratio of 41.67 and P/S ratio of 0.90. The trailing 12-month dividend yield of Martin Midstream Partners LP stocks is 13.46%, while the forward dividend yield is 13.55%.

Martin Midstream Partners LP announced its 2016 first-quarter results with revenues of $225.61 million and gross profit of $95.71 million while the net income was $15.91 million. The 2015 total revenue was $1.04 billion, a 37% decrease from the 2014 total revenue. The 2015 gross profit was $395.45 million, a 9% increase from the 2014 gross profit. The 2015 net income was $38.38 million.

On July 08, President and CEO, 10% Owner Ruben S. Martin bought 593 shares at an average price of $23.68. The price of the stock has increased by 2.03%. On July 08, Executive Vice President/COO Randall Tauscher bought 94 shares at an average price of $23.68. The price of the stock has increased by 2.03%.

Kingsway Financial Services Inc. (KFS): COO, CFO, and EVP William August Hickey Jr bought 280 shares

On July 15, COO, CFO, and EVP William August Hickey Jr. bought 280 shares at an average price of $5.35. The price of the stock has decreased by 0%. Kingsway Financial Services Inc. has a market cap of $106.250 million and its shares were traded around $5.35. The company has a P/S ratio of 0.67.

Kingsway announced its 2016 first-quarter results with revenues of $36.88 million and gross profit of $7.79 million while the net loss was $1.53 million. The 2015 total revenue was $159.97 million, a 1% increase from the 2014 total revenue. The 2015 gross profit was $44.38 million, a 9% decrease from the 2014 gross profit. The 2015 net loss was $768,000.

On July 18, President and CEO Larry G. Swets Jr. bought 390 shares at an average price of $5.35. The price of the stock has decreased by 0%. On July 15, Executive Vice President John Taylor Maloney Fitzgerald bought 2,649 shares at an average price of $5.34. The price of the stock has increased by 0.19%. On July 15, Vice President Hassan Baqar bought 132 shares at an average price of $5.35. The price of the stock has decreased by 0%.

Disclosure: None

This article first appeared on GuruFocus.