Several CFOs have bought back shares into their companies this
week. This is important to note because as the head of these
corporations' financial departments, CFOs offer a keen insight
and knowledge into the financial stability and growth of their
companies. It is also interesting to note that insider
transactions coming from corporate officers within the past three
months have typically signaled big gains to come. The biggest
returns have been found after insider buys of
Casella Waste Systems (
Senior Vice President and CFO Edmond Coletta added 2,000 shares
on April 15. These shares traded at $4.09 for a total of $8,180.
Not only did the CFO add shares of Casella but the president and
COO, Edwin Johnson, also made two different transactions on April
15 adding 25,000 shares at an average price of $4.05. This
transaction cost $4.08. Johnson spent a total of $101,500 on
Both of these insiders made buys as the company's price is
nearing a three-year low price of $3.69.
Casella Waste is a solid waste, recycling and resource management
services company. It provides these services to residential,
commercial, municipal and industrial customers. The company
operates in six states in Northeastern America.
holds 40,304 shares and
holds 207,081 shares of Casella Waste.
With its shares up 3.2%, Casella Waste Systems trades at $4.19.
American Realty Capital Properties (
American Realty CFO, Brian Block, added to his stake on April 11
along with five corporate executives. Block added a total of
10,000 shares at a price of $15.69. This transaction cost him
Chief Investment Officer, Peter Budko, added 30,001 shares to his
stake. This cost him $470,716.
American Realty recently changed its name to "AR Capital" in
order to reflect its expanded business in direct investments as
well as its expansion away from real estate.
According to the GuruFocus analysis of AR Capital, the company's
price is nearing a three-year high of $16.64. The P/S Ratio is
also close to a one-year high of 9.19.
Jim Simons holds 132,000 shares of AR Capital.
With its shares up 1.73%, ARCP trades at $16.43.
Garrison Capital Inc. (
Garrison Capital reported a CFO buy on April 2. This buy came at
the same time as seven other insiders of the company.
Treasurer and CFO Brian Chase added 4,264 shares at an average
price of $15.00. This transaction cost him $63,960.
Garrison Capital is a non-diversified, closed-end management
investment company that intends to file an election to be treated
as a business development company. The company's investment
objective is to generate current income and capital appreciation
by making investments generally in the range of $10 million to
$25 million primarily in debt securities of U.S.-based
With its shares up 0.72%, Garrison trades at $15.29.
GrafTech International (
GrafTech International reported that its CFO and Vice President
Lindon Robertson bought 14,000 shares at $7.27 per share. This
transaction cost Robertson a total of $101,780.
President, CEO and Chairman Craig Shular also added shares. The
buys from these two men mark the first insider buys for the
company since 2008.
These buys came as the price is inching closer to a three-year
low of $6.84.
According to the GuruFocus analysis the company's P/B Ratio is
close to a 10-year low of 0.68 and the P/S Ratio is close to a
three-year low of 0.75.
GrafTech is held by five different gurus. To see these gurus and
the shares they hold, click here.
With its shares up 0.28%, GrafTech's shares trade at $7.04.
To see the complete list of CFO Insider Buys and Sells,
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