Weekly CFO Buys Highlight

GuruFocus.com
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- By Myra Ramdenbourg

According to GuruFocus Insider Data, the recent CFO buys were: Equitrans Midstream Corp (ETRN), Winnebago Industries Inc. (WGO), and Ranger Energy Services Inc. (RNGR).

Equitrans Midstream Corp (ETRN): Sr VP and CFO Kirk R Oliver bought 4,950 shares

Sr VP and CFO Kirk R Oliver bought 4,950 shares for $20.25 per share on Mar. 25. Since then, the stock price has increased by 7.56%. Equitrans Midstream Corp has a market cap of $5.54 billion and its shares were traded around $21.78. The company has a P/E ratio of 11.87 and P/S ratio of 4.61. The trailing 12-month dividend yield of Equitrans Midstream Corp stocks is 1.88%, while the forward dividend yield is 7.53%.


Equitrans Midstream Corp announced its fourth-quarter results with revenue of $384.79 million and gross profit of $340.13 million, while the net loss was $48.22 million. The 2018 total revenue was $1.50 billion, a 67% increase from 2017. The 2018 gross profit was $1.33 billion, a 64% increase from the year prior. The 2018 net income was $218.40 million.

President and CEO Thomas F Karam bought 250,000 shares for $20.47 per share on Mar. 21. Since then, the stock price has increased by 6.4%. Director Margaret K Dorman bought 5,250 shares for $20.18 per share on Mar. 25. Since then, the stock price has increased by 7.93%. EVP and COO Diana M Charletta bought 11,792 shares for $20.37 per share on Mar. 22. Since then, the stock price has increased by 6.92%.

Winnebago Industries Inc. (WGO): VP-CFO Bryan L Hughes bought 2,500 shares

VP-CFO Bryan L Hughes bought 2,500 shares for $29.58 per share on Mar. 27. Since then, the stock price has increased by 5.31%. Winnebago Industries Inc. has a market cap of $992.859 million and its shares were traded around $31.15. The company has a P/E ratio of 11.21 and P/S ratio of 0.49. The trailing 12-month dividend yield of Winnebago Industries Inc. stocks is 1.32%, while the forward dividend yield is 1.41%. Over the past 5 years, Winnebago Industries Inc. had an annual average earnings growth of 25.10%.

Winnebago Industries announced its fourth-quarter results with revenue of $493.65 million and gross profit of $71.00 million, while the net income was $22.16 million. The 2018 total revenue was $2.02 billion, a 30% increase from 2017. The 2018 gross profit was $299.84 million, a 35% increase from the year prior. The 2018 net income was $102.36 million.

President and CEO Michael J Happe bought 3,500 shares for $29.19 per share on Mar. 27. Since then, the stock price has increased by 6.71%.

Ranger Energy Services Inc. (RNGR): CFO John Brandon Blossman bought 8,000 shares

CFO John Brandon Blossman bought 1,000 shares for $7.68 per share on Mar. 29. Since then, the stock price has increased by 3.78%. Ranger Energy Services Inc. has a market cap of $122.058 million and its shares were traded around $7.97. The company has a P/S ratio of 0.21.

Ranger Energy Services announced its fourth-quarter results with revenue of $85.30 million and gross profit of $21.20 million, while the net income was $1 million. The 2018 total revenue was $303.10 million, a 97% increase from 2017. The 2018 gross profit was $66.20 million, a 140% increase from the year prior. The 2018 net loss was $3.30 million.

Director William M Austin bought 722 shares for $6.75 per share on Mar. 11. Since then, the stock price has increased by 18.07%.

Disclosure: none

This article first appeared on GuruFocus.


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