CEO and CFO buy shares Doman Building CEO, CFO seen buying shares
Doman's second quarter earnings per share was 24 cents versus 64 cents a year earlier. The company attributed the setback to higher interest rates and a slowing housing market. Nevertheless, Doman insiders are buying. In September, chief financial officer James Code bought 8,000 common shares and chairman and chief executive officer Amar Doman bought 40,000 shares, both at an average price of $5.90. On April 26 and June 7 Stifel analyst Ian Gillies had reaffirmed his "buy" call for Doman when it was going for $7.24 and $6.69. On July 19 RBC Capital had cut Doman to "sector perform" from "outperform." It was then worth $6.27. On Aug. 3 Raymond James cut Doman to "sector perform" from "outperform." It was then worth $6.44.