According to GuruFocus Insider Data, the largest CFO buys during the past week are FELCOR LODGING TRUST INC., Zoom Technologies Inc., Bionovo Inc., and Sun Bancorp Inc.
FELCOR LODGING TRUST INC. (NYSE:FCH): Executive VP & CFO Andrew J Welch Bought 62,060 Shares
Executive VP & CFO of FELCOR LODGING TRUST INC. (NYSE:FCH) Andrew J Welch bought 62,060 shares on 03/29/2011 at an average price of $6. FelCor Lodging Trust Inc. is a real estate investment trust. Felcor Lodging Trust Inc. has a market cap of $589 million; its shares were traded at around $6.08 with and P/S ratio of 0.6.
FelCor Lodging Trust Incorporated reported operating results for the fourth quarter and year ended December 31, 2010. Net loss attributable to common stockholders was $103.1 million, or $1.08 per share, compared to a $60.4 million loss, or $0.96 per share, for the same period in 2009.
President and CEO Richard Allen Smith, Executive VP & CFO Andrew J Welch, Executive Vice President Michael A Denicola bought shares of FCH stock.
Zoom Technologies Inc. (ZOOM): CFO Anthony K Chan Bought 20,000 SharesCFO of Zoom Technologies Inc. (ZOOM) Anthony K Chan bought 20,000 shares on 04/01/2011 at an average price of $3.19. Zoom Tech is a designer, producer and marketer of modems and other personal computer communications products for the home and office. Zoom Technologies Inc. has a market cap of $56.8 million; its shares were traded at around $3.26 with a P/E ratio of 3.8 and P/S ratio of 0.3.
For the third quarter of 2010, Zoom reported net revenue of $72.2 million, as compared to $55.3 million for the third quarter 2009. Net income for the third quarter was $3.8 million, up 119% from $1.7 million for the same quarter last year, and up 87% sequentially from $2.0 million of the second quarter 2010.
CFO Anthony K Chan bought shares of ZOOM stock.
Bionovo Inc. (BNVI): Senior Vice President, CFO Thomas C Chesterman Bought 10,000 SharesSenior Vice President, CFO of Bionovo Inc. (BNVI) Thomas C Chesterman bought 10,000 shares on 03/23/2011 at an average price of $0.61. BIONOVO INC is a pharmaceutical company focused on the discovery and development of safe and effective treatments for women's health and cancer, which are markets with significant unmet needs and billions in potential annual revenue. Bionovo Inc. has a market cap of $15.4 million; its shares were traded at around $0.6345 with and P/S ratio of 25.4.
Bionovo, Inc. announced financial results for the year ended December 31, 2010. For the year ended December 31, 2010 total revenues were $0.6 million compared with $0.3 million for the same period in 2009. The net loss for the year ended December 31, 2010 was $17.7 million, or $0.80 per share, compared with a net loss of $16.4 million, or $0.98 per share, for the same period in 2009.
Senior Vice President, Director George Butler, and Director Louis Drapeau bought shares of BNVI stock.
Sun Bancorp Inc. (NASDAQ:SNBC): Executive Vice President & CFO Robert B Crowl Bought 6,667 SharesExecutive Vice President & CFO of Sun Bancorp Inc. (NASDAQ:SNBC) Robert B Crowl bought 6,667 shares on 03/22/2011 at an average price of $3. Sun Bancorp, Inc. is a bank holding company with two principal subsidiaries, Sun National Bank and Sun National Bank. Sun Bancorp Inc. has a market cap of $184.5 million; its shares were traded at around $3.66 with and P/S ratio of 1.2.
Sun Bancorp, Inc. reported today a net loss available to common shareholders of $28.1 million, or a loss of $0.67 per diluted share, for the fourth quarter ended December 31, 2010, compared to a net loss available to common shareholders of $6.3 million, or a loss of $0.27 per diluted share, for the fourth quarter ended December 31, 2009. Total assets were $3.42 billion at December 31, 2010, as compared to $3.60 billion at September 30, 2010 and $3.58 billion at December 31, 2009.
President & CEO Thomas X Geisel, Executive Vice President & CFO Robert B Crowl, and Executive Vice President & COO Arthur B Dansbury bought shares of SNBC stock.
For 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.