Weekly CFO Buys Highlight: Brooks Automation, Cardica, Twitter

Recent insider buys from company CFOs

Author's Avatar
Feb 21, 2016
Article's Main Image

According to GuruFocus Insider Data, the recent CFO buys were: Brooks Automation Inc. (BRKS, Financial), Cardica Inc. (CRDC, Financial) and Twitter Inc. (TWTR, Financial).

Brooks Automation Inc.: EVP and CFO Lindon G Robertson bought 20,000 shares

On Feb. 12, Robertson bought 20,000 shares at an average price of $8.56. The price of the stock has increased by 7.83%. Brooks Automation has a market cap of $631.697 million and its shares were traded at around $9.23. The company has a P/E ratio of 51.24, a P/S ratio of 1.15 with a dividend yield of 4.33%.

Brooks Automation announced its 2015 second-quarter results with revenues of $119.96 million and gross profit of $40.55 million, while the net loss was $4.65 million. The 2015 total revenue was $552.71 million, a 14% increase from the 2014 total revenue. The 2015 gross profit was $189.11 million, a 13% increase from the 2014 gross profit. The 2015 net income was $14.22 million.

On Feb. 10, Director A. Clinton Allen bought 20,000 shares at an average price of $8.74. The price of the stock has increased by 5.61%. On Dec. 9, Principal Accounting Officer David Pietrantoni sold 10,000 shares at an average price of $11.52. The price of the stock has decreased by 19.88%. On Nov. 23, Director John K. Mcgillicuddy sold 3,000 shares at an average price of $11.04. The price of the stock has decreased by 16.39%.

Cardica Inc.: CFO Robert Newell bought 40,000 shares

On Feb. 12, Newell bought 40,000 shares at an average price of 26 cents per share. Cardica Inc. has a market cap of $22.344 million and its shares were traded at around $2.51. The company has a P/S ratio of 8.21.

Cardica announced its 2015 second-quarter results with revenues of $700,000 and gross losses of $189,000, while the net loss was $4.09 million. The 2015 total revenue was $2.99 million, a 17% decrease from the 2014 total revenue. The 2015 gross loss was $1.25 million, an 8% increase from the 2014 gross profit. The 2015 net loss was $19.18 million.

On Feb. 19, Director Michael A. Bates bought 1,000 shares at an average price of $2.53. The price of the stock has decreased by 0.79%. On Feb. 11, CEO and President Julian Nikolchev bought 37,680 shares at an average price of 27 cents per share. On Feb. 9, Vice President of Operations Gregory P. Watson bought 75,000 shares at an average price of 25 cents.

Twitter Inc.: CFO Anthony Noto bought 15,500 shares

On Feb. 16, Noto bought 15,500 shares at an average price of $16.08. The price of the stock has increased by 13.87%. Twitter Inc. has a market cap of $12.5 billion and its shares were traded at around $18.31. The company has a P/S ratio of 5.98.

Twitter announced its 2015 third-quarter results with revenues of $569.24 million and gross profit of $369.04 million; the net loss was $131.69 million. The 2014 total revenue was $1.4 billion, a 111% increase from the 2013 total revenue. The 2014 gross profit was $956.69 million, a 140% increase from the 2013 gross profit. The 2014 net loss was $577.82 million.

On Feb. 16, Executive Chairman Omid Kordestani bought 122,250 shares at an average price of $16.34. The price of the stock has increased by 12.06%. On Feb. 4, Senior Vice President of Engineering Alexander Roetter sold 14,474 shares at an average price of $16.86. The price of the stock has increased by 8.6%. On Feb. 1, Chief Technology Officer Adam Messinger sold 2,669 shares at an average price of $18.08. The price of the stock has increased by 1.27%.