U.S. Markets closed

Weekly CFO Buys Highlight

- By Myra Ramdenbourg

According to GuruFocus Insider Data, the recent CFO buys were: The Brink's Co (BCO) and Ideal Power Inc. (IPWR).

The Brink's Co (BCO): EVP, CFO Ronald James Domanico bought 5,000 shares

On Mar. 07, EVP, CFO Ronald James Domanico bought 5,000 shares at an average price of $52.19. The price of the stock has increased by 1.26%. The Brink's Co has a market cap of $2.64 billion and its shares were traded around $52.85. The company has a P/E ratio of 77.72 and P/S ratio of 0.88. The trailing 12-month dividend yield of The Brink's Co stocks is 0.76%, while the forward dividend yield is 0.77%.


The Brink's Co announced its 2016 fourth-quarter results with revenues of $803.5 million and gross profit of $182.6 million, while the net income was $12.8 million. The 2016 total revenue was $3.02 billion, a1% decrease from the 2015 total revenue. The 2016 gross profit was $595.8 billion, a 1% increase from the 2015 gross profit. The 2016 net income was $34.5 million.

On Mar. 06, President and CEO Douglas A Pertz bought 30,000 shares at an average price of $51.95. The price of the stock has increased by 1.73%. On Mar. 07, Director Peter A Feld sold 150,000 shares at an average price of $52.25. The price of the stock has increased by 1.15%. On Mar. 07, Controller Thomas Colan sold 966 shares at an average price of $52.4. The price of the stock has increased by 0.86%.

Ideal Power Inc. (IPWR): CFO Timothy Burns bought 7,800 shares

On Mar. 03, CFO Timothy Burns bought 7,800 shares at an average price of $2.54. The price of the stock has increased by 16.93%. Ideal Power Inc. has a market cap of $28.391 million and its shares were traded around $2.97. The company has a P/S ratio of 16.96.

Ideal Power announced its 2016 third-quarter results with revenues of $439.27 million and gross loss of $298.7 million, while the net loss was $2.92 billion. The 2015 total revenue was $4.26 billion, a 137% increase from the 2014 total revenue. The 2015 gross profit was $387.24 million, a 198% increase from the 2014 gross profit. The 2015 net loss was $10.44 billion.

On Mar. 03, CEO Daniel Brdar bought 19,700 shares at an average price of $2.54. The price of the stock has increased by 16.93%. On Mar. 03, SVP, Business Development Ryan O'keefe bought 7,800 shares at an average price of $2.54. The price of the stock has increased by 16.93%. On Mar. 03, Director David B Eisenhaure bought 19,700 shares at an average price of $2.54. The price of the stock has increased by 16.93%.

Disclosure: none

This article first appeared on GuruFocus.