Pulaski Financial Corp. (NASDAQ:PULB) operates as the holding company for Pulaski Bank that provides a range of financial products and services for businesses and retail customers in the United States.
Insider buying during the last 30 days
Here is a table of Pulaski Financial's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Private Placement||Current Ownership||Increase In Shares|
|Michael Hogan||Director||June 25||45,167||Yes||133,720 shares||+51.0%|
|Leon Felman||Director||June 25||180,668||Yes||1,120,775
|Gary Douglass||CEO||June 25||5,871||Yes||162,606 shares||+3.7%|
|Stanley Bradshaw||Director||June 25||305,642||Yes||560,061 shares||+120.1%|
There have been 537,348 shares purchased by insiders during the last 30 days. All these shares were purchased pursuant to a private placement.
Insider buying by calendar month
Here is a table of Pulaski Financial's insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 607,356 shares purchased and there have been 38,271 shares sold by insiders since January 2013. The month of June 2014 has seen the most insider buying.
Pulaski Financial reported the fiscal 2014 second-quarter, which ended March 31, financial results on April 29 with the following highlights:
|Net income||$1.9 million|
|Book value||$8.83 per share|
|Tangible book value||$8.48 per share|
Pulaski Financial completed a $6.7 million private placement on June 25. Pulaski Financial will use the proceeds to redeem all of its outstanding shares of fixed rate perpetual preferred stock.
Pulaski Financial expects significant earnings growth in the second half of fiscal year compared to the first half.
|Qtrly Rev Growth (yoy):||-0.23||0.00||-0.03||0.01|
|PEG (5 yr expected):||2.50||1.86||1.99||2.18|
Pulaski Financial has the highest dividend yield among these four companies.
Here is a table of these competitors' insider activities this year.
|Company||Insider buying / shares||Insider selling / shares|
Only Pulaski Financial has seen insider buying this year.
There have been four different insiders buying Pulaski Financial and there have not been any insiders selling Pulaski Financial during the last 30 days. Three of these four insiders increased their holdings by more than 10%. Pulaski Financial has an insider ownership of 14.58%.
The four insiders purchased their shares at $11.07. I believe Pulaski Financial could be a good pick below $11.07 based on the intensive insider buying.
Disclosure: The author has no positions in any stocks mentioned, but may initiate a long position in PULB over the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it (other than from Seeking Alpha). The author has no business relationship with any company whose stock is mentioned in this article.