GrafTech International (GTI) manufactures and sells graphite and carbon material science-based solutions.
Insider buying during the last 30 days
Here is a table of GrafTech's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Current Ownership||Increase In Shares|
|Ferrell McClean||Director||April 25||21,800||113,384 shares||+23.8%|
|Steven Shawley||Director||April 25||22,023||72,850 shares||+43.3%|
|Randy Carson||Director||April 25||10,000||59,908 shares||+20.0%|
|Mary Cranston||Director||April 25||22,100||79,040 shares||+38.8%|
There have been 75,923 shares purchased by insiders during the last 30 days.
Insider buying by calendar month
Here is a table of GrafTech's insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 129,923 shares purchased, and there have been 83,800 shares sold by insiders since January 2013. The month of April 2014 has seen the most insider buying.
GrafTech reported the first-quarter financial results on April 24 with the following highlights:
|Net loss||$11.5 million|
The four insiders purchased their shares after these results.
GrafTech's 2014 guidance is as follows:
|Cash flow||$150-$180 million|
GrafTech's second-quarter EBITDA guidance is $30-$40 million.
|Qtrly Rev Growth (yoy):||-0.17||N/A|
|PEG (5 yr expected):||4.12||N/A|
GrafTech is trading at a lower P/B ratio than SGL Carbon SE.
There have been four different insiders buying GrafTech, and there have not been any insiders selling GrafTech during the last 30 days. All four of these insiders increased their holdings by more than 10%. GrafTech has an insider ownership of 12.77%.
The four insiders purchased their shares at prices ranging from $11.15 to $11.39. I believe GrafTech could be a good pick below $11.39 based on the intensive insider buying.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in GTI over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.