Apple Hospitality REIT (APLE)
The hotel-focused real estate investment trust filed its earnings report for its first quarter 2022. The REIT reported net income of $18 million, compared to a loss of $46.4 million in the same period last year.
Executive Chairman Glade M. Knight bought 5,000 shares for about $16 per share for a total of $80,000. Knight directly owns 488,093 shares of common stock.
ASGN (ASGN)
The staffing company released its latest proxy and disclosed the compensation packages paid to its top executives in 2021. The highest paid among them was CEO Ted Hanson at $9.6 million, up from $6.6 million in 2020. Included was a base salary of $975,000 and stock awards valued at $6.2 million. Click here to see the full proxy.
The company will hold its annual shareholders meeting virtually at 9 a.m. June 16.
The company released its first quarter earnings, reporting net income of $66.8 million, up 37 percent from the same period last year. Its revenues for the quarter were $1.1 billion, up 20 percent. Click here for more detail.
Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank posted a new investor presentation here.
Brink’s (BCO)
The armored car giant filed its earnings report for its first quarter 2022. The company reported $71 million in GAAP net income for the period. The same period last year, it reported $13 million.
Mark Eubanks took on the role of president and CEO of the company effective May 6. Doug Pertz was named executive board chairman. Pertz was formerly president and CEO, a title he had held since 2016. Full announcement here.
The company announced earlier this month that Daniel Castillo has been tapped to be executive vice president and president of its North American operations.
CarLotz (LOTZ)
Co-founder and former CEO Michael Bor sold 305,000 shares in two transactions earlier this month in batches at $0.77 and $0.68 per share for a total of approximately $223,958. Bor still owns more than 8 million shares.
CarMax (KMX)
The used car retailer released its latest proxy statement, disclosing compensation packages paid last year to its top executives.
President and CEO William Nash received a total pay package of $13.7 million. He received a base salary of $1.2 million, $2.6 million in stock awards and $9.9 million in other incentives.
Click here and see page 47 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held June 28.
Dominion (D)
The power utility filed its quarterly earnings report for the three-month period that ended March 31. The company reported a net income of $711 million for its first quarter of 2022, down from a net income of $1 billion in the same period last year.
Dynex Capital (DX)
CEO Byron Boston bought 2,000 shares at $16 per share for a total of $32,000. Boston directly owns 384,863 shares of common stock.
Genworth (GNW)
The insurer posted an investor presentation here.
Hamilton Beach Brands (HBB)
The electrical products supplier filed its three-month earnings report for the period that ended March 31. The company reported an operating profit of $12.7 million in the first quarter of 2022. In the first quarter 2021, the company reported operating profit of $5.3 million.
President and CEO Gregory Trepp bought 10,000 shares at about $10 per share for a total of $100,000. Trepp directly owns 193,187 shares of common stock.
Kinsale Capital Group (KNSL)
CEO Michael Kehoe exercised options for 4,000 shares at $16 apiece and then sold 4,000 shares at market price for $204.75 per share and a total of $819,000. Kehoe also sold a total of 7,500 shares across multiple transactions at an average share price of $211.68 for a total of approximately $1.6 million. The bulk of the transactions were part of a pre-approved trading plan.
LL Flooring (LL)
The Henrico-based flooring retailer posted its first quarter earnings, reporting net income of $4 million, down from $10.6 million a year prior. Its net sales were $279 million, down from $283 million. Click here for the full report.
The company posted an investor presentation here.
Markel (MKL)
Co-CEO Thomas Gayner bought 50 shares at $1,306 per share for a total of $65,300. Gayner directly owns 42,026 shares of common stock.
Director Lynne Puckett bought 78 shares at about $1,320 per share for a total of $102,960. Puckett directly owns 603 shares of common stock.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT filed its earnings report for its first quarter of 2022. The company reported net operating income of $1.9 million, a 26 percent increase compared to the first quarter of 2021, when the company reported net operating income of $1.5 million.
CFO Chalres Winn purchased about 42,000 shares at about 92 cents per share for a total of about $38,640. Winn directly owns 211,084 shares of common stock.
Owens & Minor (OMI)
President and CEO Edward Pesicka sold 144,592 shares at about $36 per share for a total of $5.2 million. Pesicka directly owns 1.3 million shares of common stock.
Senior Vice President Jonathan Leon sold 10,290 shares at about $37 per share for a total of $380,730. Leon directly owns 96,437 shares of common stock.
Director Gwendolyn Bingham sold 7,600 shares at about $35 per share for a total of $266,000. Bingham directly owns 22,184 shares of common stock.
Performance Food Group (PFGC)
The Goochland-based foods distributor filed its quarterly earnings report for its third quarter 2022 that ended April 2. The company reported $23.4 million in net income for the quarter. In the same quarter last year, the company reported a loss of $7.6 million.
Tredegar (TG)
The plastic and aluminum parts manufacturer filed its earnings report for the first quarter of 2022 that ended March 31. The company reported $16.5 million in net income from continuing operations for the period, compared to $9.6 million in net income from continuing operations in the same period last year.
Apple Hospitality REIT (APLE)
The hotel-focused real estate investment trust filed its earnings report for its first quarter 2022. The REIT reported net income of $18 million, compared to a loss of $46.4 million in the same period last year.
Executive Chairman Glade M. Knight bought 5,000 shares for about $16 per share for a total of $80,000. Knight directly owns 488,093 shares of common stock.
ASGN (ASGN)
The staffing company released its latest proxy and disclosed the compensation packages paid to its top executives in 2021. The highest paid among them was CEO Ted Hanson at $9.6 million, up from $6.6 million in 2020. Included was a base salary of $975,000 and stock awards valued at $6.2 million. Click here to see the full proxy.
The company will hold its annual shareholders meeting virtually at 9 a.m. June 16.
The company released its first quarter earnings, reporting net income of $66.8 million, up 37 percent from the same period last year. Its revenues for the quarter were $1.1 billion, up 20 percent. Click here for more detail.
Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank posted a new investor presentation here.
Brink’s (BCO)
The armored car giant filed its earnings report for its first quarter 2022. The company reported $71 million in GAAP net income for the period. The same period last year, it reported $13 million.
Mark Eubanks took on the role of president and CEO of the company effective May 6. Doug Pertz was named executive board chairman. Pertz was formerly president and CEO, a title he had held since 2016. Full announcement here.
The company announced earlier this month that Daniel Castillo has been tapped to be executive vice president and president of its North American operations.
CarLotz (LOTZ)
Co-founder and former CEO Michael Bor sold 305,000 shares in two transactions earlier this month in batches at $0.77 and $0.68 per share for a total of approximately $223,958. Bor still owns more than 8 million shares.
CarMax (KMX)
The used car retailer released its latest proxy statement, disclosing compensation packages paid last year to its top executives.
President and CEO William Nash received a total pay package of $13.7 million. He received a base salary of $1.2 million, $2.6 million in stock awards and $9.9 million in other incentives.
Click here and see page 47 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held June 28.
Dominion (D)
The power utility filed its quarterly earnings report for the three-month period that ended March 31. The company reported a net income of $711 million for its first quarter of 2022, down from a net income of $1 billion in the same period last year.
Dynex Capital (DX)
CEO Byron Boston bought 2,000 shares at $16 per share for a total of $32,000. Boston directly owns 384,863 shares of common stock.
Genworth (GNW)
The insurer posted an investor presentation here.
Hamilton Beach Brands (HBB)
The electrical products supplier filed its three-month earnings report for the period that ended March 31. The company reported an operating profit of $12.7 million in the first quarter of 2022. In the first quarter 2021, the company reported operating profit of $5.3 million.
President and CEO Gregory Trepp bought 10,000 shares at about $10 per share for a total of $100,000. Trepp directly owns 193,187 shares of common stock.
Kinsale Capital Group (KNSL)
CEO Michael Kehoe exercised options for 4,000 shares at $16 apiece and then sold 4,000 shares at market price for $204.75 per share and a total of $819,000. Kehoe also sold a total of 7,500 shares across multiple transactions at an average share price of $211.68 for a total of approximately $1.6 million. The bulk of the transactions were part of a pre-approved trading plan.
LL Flooring (LL)
The Henrico-based flooring retailer posted its first quarter earnings, reporting net income of $4 million, down from $10.6 million a year prior. Its net sales were $279 million, down from $283 million. Click here for the full report.
The company posted an investor presentation here.
Markel (MKL)
Co-CEO Thomas Gayner bought 50 shares at $1,306 per share for a total of $65,300. Gayner directly owns 42,026 shares of common stock.
Director Lynne Puckett bought 78 shares at about $1,320 per share for a total of $102,960. Puckett directly owns 603 shares of common stock.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT filed its earnings report for its first quarter of 2022. The company reported net operating income of $1.9 million, a 26 percent increase compared to the first quarter of 2021, when the company reported net operating income of $1.5 million.
CFO Chalres Winn purchased about 42,000 shares at about 92 cents per share for a total of about $38,640. Winn directly owns 211,084 shares of common stock.
Owens & Minor (OMI)
President and CEO Edward Pesicka sold 144,592 shares at about $36 per share for a total of $5.2 million. Pesicka directly owns 1.3 million shares of common stock.
Senior Vice President Jonathan Leon sold 10,290 shares at about $37 per share for a total of $380,730. Leon directly owns 96,437 shares of common stock.
Director Gwendolyn Bingham sold 7,600 shares at about $35 per share for a total of $266,000. Bingham directly owns 22,184 shares of common stock.
Performance Food Group (PFGC)
The Goochland-based foods distributor filed its quarterly earnings report for its third quarter 2022 that ended April 2. The company reported $23.4 million in net income for the quarter. In the same quarter last year, the company reported a loss of $7.6 million.
Tredegar (TG)
The plastic and aluminum parts manufacturer filed its earnings report for the first quarter of 2022 that ended March 31. The company reported $16.5 million in net income from continuing operations for the period, compared to $9.6 million in net income from continuing operations in the same period last year.