Weekly CFO Buys Highlight: DYAX, IBI, FARM, TAP, DBM

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Mar 20, 2011
According to GuruFocus Insider Data, these are the largest CFO buys during the past week.

Dyax Corp. (DYAX, Financial): EVP & CFO George V Migausky Bought 11,000 Shares

EVP & CFO of Dyax Corp. (DYAX) George V Migausky bought 11,000 shares on 03/11/2011 at an average price of $1.52. Dyax Corp is a biopharmaceutical company that has developed and patented a method that is used to identify a broad range of compounds with potential for the treatment and diagnosis of diseases. Dyax Corp. has a market cap of $152 million; its shares were traded at around $1.54 with and P/S ratio of 3.

Dyax Corp. announced financial results for the fourth quarter and year ended December 31, 2010. Total revenues for the fourth quarter ended December 31, 2010 increased to $9.3 million, as compared to $6.3 million for the comparable quarter in 2009. Revenues for the year ended December 31, 2010 increased to $51.4 million, as compared to $21.6 million in 2009. For the quarter ended December 31, 2010, Dyax reported a net loss of $8.9 million or $0.09 per share, as compared to a net loss of $10.9 million or $0.14 per share for the comparable quarter in 2009. For the year ended December 31, 2010, the net loss was $24.5 million or $0.26per share, as compared to $62.4 million or $0.90 per share for the comparable period in 2009.

CEO and President Gustav Christensen, EVP & CFO George V Migausky, and EVP Corporate Development & GC Ivana Magovcevic bought shares of DYAX stock.

INTERLINE BRANDS INC. (IBI, Financial): CFO John A Ebner Bought 5,000 Shares

CFO of INTERLINE BRANDS INC. (IBI) John A Ebner bought 5,000 shares on 03/08/2011 at an average price of $21.37. Interline Brands, Inc. is a direct marketing and specialty distribution company with headquarters in Jacksonville, Florida. Interline Brands Inc. has a market cap of $662.8 million; its shares were traded at around $19.89 with a P/E ratio of 18.2 and P/S ratio of 0.6.

Interline Brands, Inc. reported sales and earnings for the fourth quarter and fiscal year ended December 31, 2010. Sales for the quarter ended December 31, 2010 were $294.8 million, a 15.8% increase compared to sales of $254.6 million in the comparable 2009 period. Fourth quarter 2010 operating income of $20.0 million, or 6.8% of sales, increased 36.3% compared to $14.7 million, or 5.8% of sales, in the fourth quarter of 2009.

CFO John A Ebner bought shares of IBI stock.

Director Ernest K Jacquet sold shares of IBI stock.

Farmer Brothers Company (FARM, Financial): TREASURER AND CFO Jeffrey A Wahba Bought 5,000 Shares

TREASURER AND CFO of Farmer Brothers Company (FARM) Jeffrey A Wahba bought 5,000 shares on 03/14/2011 at an average price of $11. Farmer Bros. Co. is in the business of roasting, packaging and distributing coffee and allied products to restaurants, hotels, hospitals,convenience stores and fast food outlets. Farmer Brothers Company has a market cap of $169.3 million; its shares were traded at around $10.45 with and P/S ratio of 0.4. The dividend yield of Farmer Brothers Company stocks is 2.3%. Farmer Brothers Company had an annual average earnings growth of 52.8% over the past 5 years.

Farmer Bros. Co. reported a net loss of $8.9 million, or $0.59 per share, for its fiscal second quarter ended December 31, 2010, compared with net income of $1.4 million, or $0.10 per share, for its prior year fiscal second quarter. Net sales for the second quarter of fiscal 2011 decreased $1.0 million, or 1%, to $119.2 million from $120.2 million in the second quarter of the prior fiscal year.

TREASURER AND CFO Jeffrey A Wahba bought shares of FARM stock.

MOLSON COORS BREWING COMPANY (TAP, Financial): CFO Stewart Glendinning Bought 3,000 Shares

CFO of MOLSON COORS BREWING COMPANY (TAP) Stewart Glendinning bought 3,000 shares on 03/11/2011 at an average price of $44.06. Molson Coors Brewing Company is world's fifth-largest global brewer. Molson Coors Brewing Company has a market cap of $7.12 billion; its shares were traded at around $43.25 with a P/E ratio of 12.1 and P/S ratio of 1.5. The dividend yield of Molson Coors Brewing Company stocks is 2.6%.

CEO, Molson Coors Canada David Perkins, Global Controller/Chf Acct Ocr William Glen Waters, and Chairman of the Board Peter H Coors sold shares of TAP stock.

DCP MIDSTREAM PARTNERS LP (DPM): VP and CFO Angela A Minas Bought 2,500 Shares

VP and CFO of DCP MIDSTREAM PARTNERS LP (DPM) Angela A Minas bought 2,500 shares on 03/09/2011 at an average price of $40. DCP Midstream Partners, LP is a midstream master limited partnership that gathers, treats, compresses, processes, transports and markets natural gas and transports and markets natural gas liquids. Dcp Midstream Partners Lp has a market cap of $1.74 billion; its shares were traded at around $39.94 with a P/E ratio of 42 and P/S ratio of 1.4. The dividend yield of Dcp Midstream Partners Lp stocks is 6.1%.

DCP Midstream Partners, LP reported financial results for the three and twelve months ended December 31, 2010.. The company reported a net income of $0.3 million and a total revenue of

VP and CFO Angela A Minas and Director Thomas C Oconnor bought shares of DPM stock.

For the complete list of stocks that bought by their CFOs, go to: Insider Buys.