According to GuruFocus Insider Data, the largest CFO buys during the past week were Cardica, Inc. (CRDC) and American International Industries Inc (AMIN).
Cardica, Inc. (CRDC): V.P. Finance, CFO, Secretary Robert Y Iv Newell Bought 11,976 Shares
V.P. Finance, CFO, Secretary of Cardica, Inc. (CRDC) Robert Y Iv Newell bought 11,976 shares on 09/30/2009 at an average price of $1.25. Cardica Inc. designs and manufactures proprietary automated anastomotic systems used by surgeons to perform coronary artery bypass graft surgery. In these surgery procedures veins or arteries are used to construct alternative conduits to restore blood flow beyond narrowed or occluded portions of coronary arteries bypassing the narrowed or occluded portion of the artery that is impairing blood flow to the heart muscle. Our first two products the C-Port Distal Anastomosis System and the PAS-Port Proximal Anastomosis System provide cardiovascular surgeons with easy-to-use automated systems to perform consistent rapid and reliable connections or anastomoses of the vessels which surgeons generally view as the most critical aspect of the bypass procedure. Cardica, Inc. has a market cap of $24.3 million; its shares were traded at around $1.53 with and P/S ratio of 2.4.
Cardica, Inc reported financial results and corporate progress for its fiscal 2009 fourth quarter ended June 30, 2009. Total product revenue was $1.2 million for the fiscal 2009 fourth quarter compared to $1.6 million for the fiscal 2008 fourth quarter. Total net revenue for the fiscal year ended June 30, 2009 was $9.9 million compared to $7.6 million for fiscal 2008.
CRDC is in the portfolios of PRIMECAP Management.
Buy: Pres.,CEO,Chief Med. Officer Bernard A Hausen bought 19,960 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 22.4% since. Buy: Director, 10% Owner William H Jr Younger bought 399,201 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 22.4% since. Buy: Director John Simon bought 399,202 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 22.4% since. Buy: VP Operations & Manufacturing Frederick M Bauer bought 7,984 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 22.4% since. Buy: V.P. Research & Development Bryan D Knodel bought 179,641 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 22.4% since.
American International Industries Inc (AMIN): CFO Sherry Lynne Couturier Bought 200 Shares
CFO of American International Industries Inc (AMIN) Sherry Lynne Couturier bought 200 shares on 10/08/2009 at an average price of $1.04. AMERICAN INTERNATIONAL INDUSTRIES INC. is a diversified holding company with a business model similar to General Electric Tyco International and Berkshire Hathaway. The Company has holdings in Industry Finance and Real Estate in Houston Texas and surrounding areas and Oil & Gas. The vision of the Company is to develop holdings in various industries through acquisition of existing companies applying the financial resources and management expertise to foster the growth and profitability of the acquired businesses. The holding company serves as a financial and professional partner to the management of the subsidiaries. The role of the holding company is to improve each subsidiary's access to capital achieve economies of scale by consolidating administrative functions and utilize the financial and management expertise of corporate personnel across all units. The Company is continuing to work with management of the subsidiary companies to improve revenues operations and American International Industries Inc has a market cap of $10.2 million; its shares were traded at around $1.15 with a P/E ratio of 4.4 and P/S ratio of 0.3.
Buy: CFO Sherry Lynne Couturier bought 400 more shares of AMIN stock on 05/22/2009 at the average price of $1.01, 200 more shares of AMIN stock on 06/04/2009 at the average price of $1.04, 1,000 more shares of AMIN stock on 07/13/2009 at the average price of $1.05, and 200 shares of AMIN stock on 10/08/2009 at the average price of $1.04; the price of the stock has increased by 10.58% since.
For the complete list of stocks that bought by their CFOs, go to: Insider Buys.
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- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
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More Articles about CRDC:
- CARDICA, INC. Reports Operating Results (10-Q) - Nov 06, 2009
- CARDICA, INC. (CRDC) CFO Robert Y Iv Newell buys 16,000 Shares - Nov 04, 2009
- CARDICA, INC. (CRDC) CEO Bernard A Hausen buys 19,960 Shares - Oct 02, 2009
- CARDICA, INC. (CRDC) CFO Robert Y Iv Newell buys 11,976 Shares - Oct 02, 2009
- » » More news about CRDC
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