Weekly CFO Buys Highlights
- By Myra Ramdenbourg
According to GuruFocus Insider Data, the recent chief financial officer (CFO) buys were: Good Times Restaurants Inc. (GTIM) and Sprouts Farmers Market Inc. (SFM).
Good Times Restaurants CFO bought 4,000 shares
CFO Ryan M. Zink bought 4,000 shares for $2.79 per share on Sept. 1. The stock price has increased by 5.73%. Good Times Restaurants has a market cap of $36.660 million, and its shares were traded around $2.95.
Warning! GuruFocus has detected 2 Warning Signs with GTIM. Click here to check it out.
The intrinsic value of GTIM
The company has a price-sales (P/S) ratio of 0.50. Over the past five years, Good Times Restaurants had an annual average earnings growth of 3.30%.
Good Times Restaurants reported revenue of $21.7 million and gross profit of $2.38 million in the second quarter while the net loss was $247,000. The 2016 total revenue was $64.44 million, a 46% increase from 2015. The 2016 gross profit was $7.61 million, a 29% increase from the year prior. The 2016 net loss was $1.32 million.
President and CEO Boyd E. Hoback bought 6,000 shares for $2.84 per share on Aug. 15. The stock price has increased by 3.87%.
Director Robert J. Stetson bought 2,450 shares for $2.8 per share on Sept. 1. The stock price has increased by 5.36%.
Director and 10% owner Charles E. Jobson bought 1,400 shares for $2.8 per share on Aug. 18. The stock price has increased by 5.36%.
Sprouts Farmers Market CFO bought 7,000 shares
CFO Bradley Lukow bought 7,000 shares for $19.8 per share on Aug. 29. The stock price has increased by 3.69%.
Sprouts Farmers Market has a market cap of $2.78 billion, and its shares were traded around $20.53. The company has a price-earnings (P/E) ratio of 22.80 and a P/S ratio of 0.68. Over the past five years, Sprouts Farmers Market had an annual average earnings growth of 40.90%.
Sprouts Farmers Market reported revenue of $1.18 billion and gross profit of $341.99 million in its third quarter while the net income was $40.97 million. The 2016 total revenue was $4.05 billion, a 13% increase from 2015. The 2016 gross profit was $1.18 billion, a 12% increase from the year prior. The 2016 net income was $124.31 million.
Director Steven H. Townsend sold 15,000 shares for $24.42 per share on Aug. 17. The stock price has decreased by 15.93%.
Disclosure: None.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 2 Warning Signs with GTIM. Click here to check it out.
The intrinsic value of GTIM
