According to GuruFocus Insider Data, these are the largest CFO buys during the past week: Sunesis Pharmaceuticals Inc., Inuvo Inc., CONSTELLATION ENERGY, Comtech Telecommunications Corp., and SureWest Communications.
Sunesis Pharmaceuticals Inc. (NASDAQ:SNSS): Sr. VP, CFO & Corp. Secretary Eric Bjerkholt Bought 100,000 Shares
Sr. VP, CFO & Corp. Secretary of Sunesis Pharmaceuticals Inc. (NASDAQ:SNSS) Eric Bjerkholt bought 100,000 shares on 10/08/2010 at an average price of $0.31. Sunesis Pharmaceuticals is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of novel small molecule therapeutics for oncology and other serious diseases. Sunesis Pharmaceuticals Inc. has a market cap of $64.6 million; its shares were traded at around $0.291 with and P/S ratio of 17.2.
Sunesis Pharmaceuticals, Inc. reported financial results for the second quarter ended June 30, 2010. Net loss was $4.8 million for the second quarter of 2010. For the first half of 2010, net loss was $9.4 million. As of June 30, 2010, Sunesis had cash and cash equivalents of $49.3 million.
SNSS is in the portfolios of Louis Moore Bacon of Moore Capital Management, LP, Chuck Royce of Royce& Associates.
Sr. VP, CFO & Corp. Secretary Eric Bjerkholt bought shares of SNSS stock.
10% Owner Dominique Semon sold shares of SNSS stock.
Inuvo Inc. (INUV): CFO Wallace D Ruiz Bought 10,881 Shares
CFO of Inuvo Inc. (INUV) Wallace D Ruiz bought 10,881 shares on 09/30/2010 at an average price of $0.27. Kowabunga!, Inc. enables online media buyers to generate conversions more efficiently across a wide range of online media. Inuvo Inc. has a market cap of $31.5 million; its shares were traded at around $0.37 with and P/S ratio of 0.6.
Inuvo™, Inc. reported its financial results for the second quarter ended June 30, 2010. The company reported that revenue for the quarter ended June 30, 2010 was $11.5 million, a 20% increase over the first quarter of 2010 and a 21% increase from the same quarter last year. The net loss for the second quarter was $1.1 million compared to a net loss of $773 thousand for the same period last year.
INUV is in the portfolios of Jim Simons of Renaissance Technologies LLC.
CEO Richard K Howe, CFO Wallace D Ruiz, and Director Charles D Morgan bought shares of INUV stock.
CONSTELLATION ENERGY (CEP): CFO and Treasurer Charles C Ward Bought 4,500 Shares
CFO and Treasurer of CONSTELLATION ENERGY (CEP) Charles C Ward bought 4,500 shares on 09/29/2010 at an average price of $2.9. CONSTELLATION ENERGY PARTNERS LLC, is a limited liability company focused on the acquisition, development and production of oil and natural gas properties, as well as related midstream assets. Constellation Energy has a market cap of $72.2 million; its shares were traded at around $3.01 with and P/S ratio of 0.5.
President, CEO and COO Stephen R Brunner, Director Richard H Bachmann, and CFO and Treasurer Charles C Ward bought shares of CEP stock.
Comtech Telecommunications Corp. (NASDAQ:CMTL): Sr. Vice President & CFO Michael Porcelain Bought 725 Shares
Sr. Vice President & CFO of Comtech Telecommunications Corp. (NASDAQ:CMTL) Michael Porcelain bought 725 shares on 10/06/2010 at an average price of $28.15. Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. Comtech Telecommunications Corp. has a market cap of $839.1 million; its shares were traded at around $29.64 with a P/E ratio of 13.4 and P/S ratio of 1. Comtech Telecommunications Corp. had an annual average earning growth of 31.5% over the past 10 years. GuruFocus rated Comtech Telecommunications Corp. the business predictability rank of 3.5-star.
Comtech Telecommunications Corp. reported its operating results for the fourth quarter and fiscal year ended July 31, 2010. Net sales for the fourth quarter of fiscal 2010 were $257.0 million compared to $122.0 million for the fourth quarter of fiscal 2009. GAAP net income was $13.5 million, or $0.43 per diluted share, for the fourth quarter of fiscal 2010 compared to $6.2 million, or $0.21 per diluted share, for the fourth quarter of fiscal 2009.
CMTL is in the portfolios of Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, and George Soros of Soros Fund Management LLC.
Chairman, CEO & President Fred Kornberg, Sr. Vice President & CFO Michael Porcelain, and Sr. VP Stategy & Business Dev. Jerome Kapelus bought shares of CMTL stock.
SureWest Communications (SURW): VP, CFO Dan T Bessey Bought 500 Shares
VP, CFO of SureWest Communications (SURW) Dan T Bessey bought 500 shares on 10/01/2010 at an average price of $7.48. Sure West Communications and its family of companies, including Roseville Telephone Company, SureWest Wireless, SureWest Broadband, SureWest Internet, SureWest Directories and SureWest Long Distance, create value for customers through an integrated network of highly reliable advanced communications products and services with unsurpassed customer care. Surewest Communications has a market cap of $109.9 million; its shares were traded at around $7.87 with a P/E ratio of 262.3 and P/S ratio of 0.5. Surewest Communications had an annual average earning growth of 4.8% over the past 10 years.
SureWest Communications announced operating results for the second quarter ended June 30, 2010 Net loss for the quarter was $527 thousand compared to net income of $959 thousand in the same period last year. Broadband Business revenues increased by $1.6 million, or 17%, year-over-year to $11.3 million.
SURW is in the portfolios of Chuck Royce of Royce& Associates.
President CEO Steven C Oldham, VP, CFO Dan T Bessey, and Director John R Roberts Iii bought shares of SURV stock.
or the complete list of stocks that bought by their CFOs, go to: Insider Buys.
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
- Double Buys:: Companies that both Gurus and Insiders are buying
- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.