Ryan Faulkingham (CFO since 2013) purchased 4,250 shares on April 2nd at $23.46, spending $100,000 and increasing his holdings by 16% to 31,391 shares. Faulkingham has purchased shares on 8 prior occasions and has a great record, with an average six-month return of +20%. His last purchase was half this size in January at $21.26 and it is interesting to see him spend even more and at a higher price level.
We ranked this stock +N on Feb. 2nd based on a cluster of buyers, which included this CFO, along with Patrick Maciariello (COO), Elias Sabo (CEO), and Heidi Locke (Director). The stock has moved slightly higher since that upgrade and it is encouraging to see this additional and larger purchase from the CFO.
