Insiders Showing Faith In Bob Evans Farms Inc (BOBE), P H Glatfelter Co (GLT), And Performance Sports Group Ltd (PSG)

Moving on, Nicholas Debenedictis, a Director at P H Glatfelter Co (NYSE:GLT), bought 2,500 shares of the company at an average price of $17.25 per share and now owns a total of 46,276 shares. P H Glatfelter Co (NYSE:GLT) is a Pennsylvania-based manufacturer of specialty paper and engineered fiber products. After remaining flat for the first three months of the year, P H Glatfelter Co (NYSE:GLT)’s stock began a gradual decline beginning on April 1, which continues until this day resulting, in a year-to-date loss of 32.7%. Analysts at Deutsche Bank reiterated their ‘Hold’ rating on the stock on August 7, while lowering their price target to $23 from $25, which still represents a potential upside of 32.53%. Chuck Royce‘s Royce & Associates reduced its stake in the company by 41% to 60,058 shares during the April-June period.

Finally, the CEO of Performance Sports Group Ltd (NYSE:PSG), whose stock has fallen by more than 30% since June, added 35,000 shares to his portfolio at an average price of $13.31. CEO Kevin Davis now owns 69,172 shares of the sports equipment and apparel manufacturer. Although the company reported EPS of $0.19 on revenue of $147.60 million for its fiscal fourth quarter of 2015 recently, compared to the EPS of $0.17 on revenue of $147.03 million that analysts had expected, its stock still nosedived by more than 8% following the earnings release. The continuing strength of the U.S. dollar versus other currencies remains one of the strongest headwinds faced by the company and most analysts expect it to impact Performance Sports Group Ltd (NYSE:PSG)’s earnings significantly during the next few quarters. Jim Simons‘ Renaissance Technologies initiated a stake in the company during the April-June period, purchasing 38,300 shares.

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