This past week we saw CEOs from three different companies
reporting insider buys with transaction amounts costing over
Fifth Street Finance (
CEO Leonard Tannenbaum added 20,000 shares to his stake on June
20. These shares traded at an average price of $9.94 per share
for a total purchase amount of $198,000 for Tannenbaum. Since his
buy, the price per share has dropped approximately -0.5%. As of
his most recent purchase, the CEO holds nearly 2 million shares
of Fifth Street Finance.
President and Secretary Bernard Berman added a much smaller 1,000
shares to his holdings. He bought these shares for $9.95 per
share for a total transaction amount of $9,950. Since his buy,
the price per share has decreased approximately -0.6%. Berman
currently holds at least 20,968 shares of FSC.
Fifth Street Finance is a specialty finance company that lends to
and invests in small and mid-sized companies in connection with
investments by private equity sponsors. The company's investment
objective is to maximize its portfolio's total return by
generating current income from its debt investments and capital
appreciation from its equity investments.
Fifth Street Finance announced the closing of its acquisition of
Healthcare Finance Group on June 13. FSC appointed Dan Chapa as
the new CEO of Healthcare Finance.
Fifth Street Finance's historical P/S and P/B ratios:
Fifth Street Finance's price and P/E ratio:
The analysis on Fifth Street reports:
� Revenue has been in decline for the past three
� The company has issued $746.755 million in debt over
the past three years.
� The P/E ratio is nearing a 5-year low of 9.5.
According to the
Lynch Valuation Chart
, Fifth Street Finance appears to be
Fifth Street Finance has a market cap of $1.18 billion; its
shares were traded at around $9.87 with a P/E ratio of 10.00 and
a P/S ratio of 6.10. The dividend yield for Fifth Street is
11.60%. Fifth Street Finance had an annual average earnings
growth of 36.7% over the past 5 years.
Jeremy Grantham and David Einhorn hold stake in Fifth Street
Finance. Click here to see their holding histories.
MDU Resources Group Inc. (
President and CEO of MDU Resources David Goodin bought 5,000
shares for an average price of $24.40 per share. This transaction
cost Goodin a total of $122,000. Since his buy, the price per
share is up 0.61%. Goodin currently holds at least 42,736 shares
of MDU Resources.
Goodin's most recent buy marks the first insider buy for the
company this year.
MDU Resources Group operates as a diversified natural resource
company in the United States. The company generates, transmits,
and distributes electricity, as well as distributes natural gas.
The company is also involved in the construction and maintenance
of electric and communication lines, gas pipelines, fire
suppression systems, and external lighting and traffic
In February 2013, MDU Resources announced a joint venture with
Calumet Specialty Products Parthers (
) to construct and run a diesel refinery. The refinery will be
spread across 318 acres in the southwest region of North Dakota
and will cost $300 million.
MDU Resources' historical P/S and P/B ratios:
MDU Resources' historical price, revenue and net income growth:
The Peter Lynch Valuation Chart shows that MDU appears to be
MDU Resources Group has a market cap of $4.61 billion; its shares
were traded at around $24.63 with a P/E ratio of 834.40 and a P/S
ratio of 1.10. The dividend yield for the company is at 2.80%.
that hold stake in MDU. Click here to see these gurus' holding
Truett-Hurst Inc. (
President and CEO Phillip Hurst bought 54,500 shares of THST on
June 20. Hurst bought these shares for the IPO pricing of the
company of $6 per share. This cost the CEO a total of $327,000.
Since Hurst's buy, the price per share has dropped -0.83%.
Four other directors and 10% owners of Truett-Hurst bought into
the company on June 20 during the IPO. These insiders bought a
total of 116,200 shares at $6 per share.
Truett-Hurst is a super-premium and ultra-premium wine sales,
marketing and production company based out of the Dry Creek and
Russian River Valleys of Sonoma County, Calif. Truett is
oftentimes recognized for their work in private label development
as well as Truett-Hurst, VML, Bradford Mountain and Healdsburg
Truett-Hurst announced the pricing of 2,700,000 shares of its
Class A common stock at a price to the public of $6.00 per share.
The shares were listed on the Nasdaq Capital Market on June 20
and the offering is expected to close on June 25.
Truett-Hurst's historical revenue and net income:
There are currently
that hold stake in Truett-Hurst.
To check out all insider buys and sells click here.
Try a free 7-day trial here!
About GuruFocus: GuruFocus.com tracks the stocks picks and
portfolio holdings of the world's best investors. This value
investing site offers stock screeners and valuation tools. And
publishes daily articles tracking the latest moves of the world's
best investors. GuruFocus also provides promising stock ideas in
3 monthly newsletters sent to