Homebuilder Beazer Homes USA Inc. (BZH), Leading U.S. Cinema Chain, and 3 Other Companies Register Noteworthy Insider Buying

Building Supplier Registers Some Insider Buying

Headwaters Inc. (NYSE:HW) recently registered the first insider purchase of its shares in 2016. Board member R. Sam Christensen snatched up 5,706 shares on Monday at $19.05 apiece, all of which are held through a limited liability company. After the recent purchase, Mr. Christensen owns 27,671 Headwaters shares through the LLC.

The building supplier has seen the value of its shares increase by 13% since the beginning of January. Headwaters Inc. (NYSE:HW)’s consolidated revenue for the three-month period ended June 30 grew by 8% year-over-year to $262.5 million despite experiencing adverse weather conditions in a few markets, including heavy rain in the Texas and Gulf regions. The underlying fundamentals of the company’s end-markets continue to strengthen, as single family housing starts are growing modestly. Similarly, many repair and remodel markets across the nation have been gradually improving as well. Charles Paquelet’s Skylands Capital has 111,250 shares of Headwaters Inc. (NYSE:HW) among its holdings as of the end of the second quarter.

Diversified Manufacturing Company’s Freshly-Appointed CEO Initiates New Stake

TriMas Corp (NASDAQ:TRS) saw its freshly-appointed President and CEO acquire a new stake in the company last Thursday. Thomas A. Amato snapped up a new stake of 6,000 shares for $17.81 each on that day, followed by the purchase of an additional 2,000 shares on Friday at $17.90 apiece.

The shares of the global manufacturer and distributor of products for commercial, industrial and consumer markets are down by approximately 1% so far in 2016. TriMas Corp (NASDAQ:TRS) reported second quarter net sales from continuing operations of $203.3 million, a decrease of 9.6% year-over-year due to weakness in the energy-facing end markets, industrial softness, lower aerospace distributor sales, and currency exchange headwinds. Nonetheless, the company managed to improve its bottom-line by implementing a series of cost reduction and productivity initiatives. Richard S. Pzena’s Pzena Investment Management owned approximately 997,000 shares of TriMas Corp (NASDAQ:TRS) at the end of June.

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