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Weekly CFO Buys Highlight: GSVC, SHO, YAVY, CMCSA, ANAC

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gurujk

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According to GuruFocus Insider Data, the largest CFO buys during the past week are Next Innovation Corp. (GSVC), Sunstone Hotel Investors Inc. (SHO), Yadkin Valley Financial Corp. (YAVY), Comcast Corp. (CMCSA), and Anacor Pharmaceuticals Inc. (ANAC).

Next Innovation Corp. (GSVC): CFO, CCO, Treasurer & Secretar Stephen D. Bard Bought 61,536 Shares

CFO, CCO, Treasurer & Secretary of Next Innovation Corp. (GSVC) Stephen D. Bard bought 61,536 shares on 05/03/2011 at an average price of $15.

CFO, CCO, Treasurer & Secretary Stephen D. Bard, Director R David Spreng, and COO Paul Lapping bought shares of Next Innovation stock.

Sunstone Hotel Investors Inc. (SHO): Executive Vice President - CFO John V. Arabia Bought 50,000 Shares

Executive Vice President - CFO of Sunstone Hotel Investors Inc. (SHO) John V. Arabia bought 50,000 shares on 05/11/2011 at an average price of $9.94. Sunstone Hotel Investors Inc. is a Southern California-based lodging real estate company that expects to qualify as a real estate investment trust for federal income tax purposes. Sunstone Hotel Investors Inc. has a market cap of $1.16 billion; its shares were traded at around $9.84 with a P/E ratio of 16.7 and P/S ratio of 1.8.

Sunstone Hotel Investors Inc. announced results for the first quarter ended March 31, 2011. Total revenue was $162.6 million. Income available to common stockholders was $45.7 million. Income available to common stockholders per diluted share was $0.39.

Executive Vice President - CFO John V. Arabia, President Kenneth Edward Cruse, and Executive Chairman Robert A. Alter bought shares of Sunstone Hotel Investors stock.

Yadkin Valley Financial Corp. (YAVY): EVP and CFO Jan H Hollar Bought 68,444 Shares

EVP and CFO of Yadkin Valley Financial Corp. (YAVY) Jan H. Hollar bought 68,444 shares during the past week at an average price of $2.25. Yadkin Valley Bank and Trust Company is a North Carolina state chartered bank, headquartered in Elkin, North Carolina. Yadkin Valley Financial Corp. has a market cap of $43.2 million; its shares were traded at around $2.65 with and P/S ratio of 0.3.

Yadkin Valley Financial Corporation announced financial results for the first quarter ended March 31, 2011. Net loss available to common shareholders was $1.6 million, or $0.10 per diluted share, compared to a net loss of $9,000 or $0.00 per share in the fourth quarter of 2010, and net income of $143,000, or $0.01 per share in the first quarter of 2010.

President and CEO Joseph Hampton Towell, EVP and CFO Jan H. Hollar, Director Harry C. Spell bought shares of Yadkin Valley stock.

Comcast Corp. (CMCSA): EVP and CFO Michael J. Angelakis Bought 25,000 Shares

EVP and CFO of Comcast Corp. (CMCSA) Michael J. Angelakis bought 25,000 shares on 05/09/2011 at an average price of $25.33. Comcast Corp., among the world's communication companies, provides basic cable, digital cable and high speed internet services that connect people to what's important in their lives. Comcast Corp. has a market cap of $69.77 billion; its shares were traded at around $25.13 with a P/E ratio of 18.6 and P/S ratio of 1.8. The dividend yield of Comcast Corp. stocks is 1.8%. Comcast Corp. had an annual average earnings growth rate of 21.4% over the past 10 years. GuruFocus rated Comcast Corp. the business predictability rank of 2-star.

Comcast Corporation reported results for the quarter ended March 31, 2011, including the results of NBC Universal after January 28, 2011. Revenue increased 31.8% in the first quarter of 2011 to $12.1 billion, while operating cash flow increased 14.1% to $4.1 billion and operating income increased 14.9% to $2.2 billion.

EVP and CFO Michael J. Angelakis, Director Michael I. Sovern, and Executive Vice President Stephen B. Burke sold shares of Comcast stock.

Anacor Pharmaceuticals Inc. (ANAC): Senior Vice President and CFO Geoffrey M. Parker Bought 20,000 Shares

Senior Vice President and CFO of Anacor Pharmaceuticals Inc. (ANAC) Geoffrey M. Parker bought 20,000 shares on 05/10/2011 at an average price of $6.17. Anacor Pharmaceuticals Inc. is a biopharmaceutical company engaged in discovery, development and commercialization of novel small-molecule therapeutics derived from its boron chemistry platform. Anacor Pharmaceuticals Inc. has a market cap of $171.8 million; its shares were traded at around $6.46 with and P/S ratio of 6.2.

Anacor Pharmaceuticals reported financial results for the quarter ended March 31, 2011. Revenues for the quarter ended March 31, 2011 were $2.2 million, compared to $0.7 million for the comparable period in 2010. Net loss for the first quarter of 2011 was $13.7 million, compared to $8.2 million for the same quarter of 2010.

Senior Vice President and CFO Geoffrey M. Parker, 10% Owner Ventures II, L.p. Aberdare, and Director, 10% Owner Mark Leschly bought shares of Anacor stock.

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

Rating: 3.5/5 (2 votes)

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