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Weekly CFO Buys: TRST, SIBC, KOG, DLIA

July 10, 2011 | About:
gurujk

gurujk

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According to [url=GuruFocusInsider Data[/url], these are the largest CFO buys during the past week: TrustCo Bank Corp NY (TRST), State Investors Bancorp Inc. (SIBC), Kodiak Oil & Gas Corp. (KOG) and dELIA*s Inc. (DLIA).

TrustCo Bank Corp. NY (TRST): CFO & EVP Robert T. Cushing Bought 21,735 Shares

CFO & EVP of TrustCo Bank Corp. NY, Robert T. Cushing, bought 21,735 shares on 7/06/2011 at an average price of $4.6. TrustCo Bank Corp. NY is a one-bank holding company, engaged through its subsidiary, in general banking. Trustco Bank Corp NY has a market cap of $379.87 million; its shares were traded at around $4.91 with a P/E ratio of 12.59 and P/S ratio of 2.14. The dividend yield of Trustco Bank Corp. NY stocks is 5.35%.

On April 19, TrustCo Bank Corp. NY (TrustCo, Nasdaq: TRST) today announced net income for the first quarter of 2011 of $7.4 million, up 6.4% over the prior-year period and equal to diluted earnings per share of $0.096, as compared to net income of $6.9 million and diluted earnings per share of $0.090 for the first quarter of 2010.

This month, PRESIDENT & CEO Robert J. Mccormick, CFO & EVP Robert T. Cushing, VP & ASSISTANT SECRETARY Thomas M. Poitras, Director William J. Purdy, Director Thomas O. Maggs, Director Gennaro Dennis A De, and EVP & CHIEF BANKING OFFICER Scot R Salvador bought shares of TSRT stock.

State Investors Bancorp Inc. (SIBC): CFO Daniel Mcgowan Bought 20,200 Shares

CFO of State Investors Bancorp Inc., Daniel Mcgowan, bought 20,200 shares on 7/06/2011 at an average price of $10.

This month, President and CEO Anthony S Sciortino, CFO Daniel Mcgowan, SVP - Chief Deposit Officer Gerald F. Plough, SVP - Chief Lending Officer Christopher G. Pike, Director Mahlon L. Oustalet, Director Joseph J. Lepow, and EVP - Chief Credit Officer Stephen O. Carriere bought shares of SIBC stock.

Kodiak Oil & Gas Corp. (KOG): CFO, Treasurer, Secretary, Exec. VP Finance James P. Henderson Bought 10,000 Shares

CFO, Treasurer, Secretary, Exec. VP Finance of Kodiak Oil & Gas Corp., James P. Henderson, bought 10,000 shares on 6/30/2011 at an average price of $5.75. Kodiak Oil & Gas, headquartered in Denver, is an independent energy exploration and development company focused on exploring, developing and producing oil and natural gas in the Williston and Greater Green River Basins in the US. Kodiak Oil & Gas Corp. has a market cap of $1.15 billion; its shares were traded at around $6.4 with a P/E ratio of 213.33 and P/S ratio of 46.14.

On May 5, for the quarter-ended March 31, 2011, Kodiak Oil & Gas Corp. reported oil and gas sales of $13.3 million, as compared to approximately $5.7 million during the same period in 2010, a 133% increase and a Company record. Crude oil revenue accounted for approximately 98% of first quarter 2011 oil and gas sales, and crude oil constituted 94% of sales volumes for the quarter. Kodiak posted a 104% increase in oil sales volumes and a 44% increase in gas sales volumes for an overall 99% increase in quarter-over-quarter equivalent sales volumes of 168,000 barrels of oil equivalent.

Chairman, Exec. VP, COO James E. Catlin sold 50,000 shares in April.

dELIA*s Inc. (DLIA): CFO and Treasurer David J. Dick Bought 7,500 Shares

CFO and treasurer of dELIA*s Inc., David J. Dick, bought 7,500 shares on 7/08/2011 at an average price of $1.75. dELIA*s Inc. has a market cap of $56.89 million; its shares were traded at around $1.81 with and P/S ratio of 0.26.

On May 26, dELiA*s Inc. announced the results for its first quarter of fiscal 2011. Total revenue for the first quarter of fiscal 2011 decreased 1.6% to $49.1 million from $50.0 million in the first quarter of fiscal 2010. Revenue from the retail segment increased 4.0% to $27.0 million, or 55.0% of total revenue. Revenue from the direct segment decreased 7.7% to $22.1 million, or 45.0% of total revenue.

Last month, CFO and Treasurer David J. Dick and President, dELiA*s Brand Dyan Jozwick bought shares of DLIA stock.

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

Rating: 2.6/5 (5 votes)

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