Weekly CFO Buys Highlight: BK, MWW, BLD, ACRX, PSEC

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Sep 12, 2011
According to GuruFocus Insider Data, these are the largest CFO buys during the past week.


Bank of New York Mellon (BK, Financial): Vice Chairman and CFO Thomas P. Gibbons Bought 25,000 Shares


Vice Chairman & CFO of Bank of New York Mellon (BK) Thomas P. Gibbons bought 25,000 shares on 09/02/2011 at an average price of $20.37. Bank of New York is a bank holding company and one of the world's larger financial institutions. Bank of New York Mellon has a market cap of $24.56 billion; its shares were traded at around $19.92 with a P/E ratio of 8.7 and P/S ratio of 1.7. The dividend yield of Bank of New York Mellon stocks is 2.6%.


Chairman, President & CEO Gerald L. Hassell, Vice Chairman & CFO Thomas P. Gibbons, and Director Wesley W. von Schack bought shares of BK stock.


Monster Worldwide Inc. (MWW, Financial): Executive Vice President and CFO James M. Langrock Bought 12,237 Shares


Executive Vice President and CFO of Monster Worldwide Inc. (MWW) James M. Langrock bought 12,237 shares on 08/30/2011 at an average price of $8.17. Monster Worldwide, Inc is the online recruitment leader and the parent company of Monster, the global careers website. Monster Worldwide Inc. has a market cap of $1.02 billion; its shares were traded at around $7.91 with a P/E ratio of 37.6 and P/S ratio of 1.1.


Monster Worldwide Inc. reported financial results for the second quarter and six months ended June 30, 2011. Revenue of $270 million increased 25% from $215 million in the second quarter 2010. Net income for the second quarter 2011 was $11 million, or $0.09 per share. This compares to a net loss of $3.0 million, or $0.02 loss per share, in the second quarter 2010.


Chairman, President and CEO Salvatore Iannuzzi, Executive Vice President and CFO James M. Langrock, and Executive Vice President Timothy T. Yates bought shares of MWW stock.


Baldwin Technology Co. Inc. Cl A (BLD, Financial): Vice President, CFO and Treasurer Ivan Randall Habibe Bought 31,000 Shares


Vice President, CFO and Treasurer of Baldwin Technology Co. Inc. Cl A (BLD) Ivan Randall Habibe bought 31,000 shares during the past week at an average price of $1.3. Baldwin Technology Company, Inc. is a international supplier of offset printing press accessories and controls for the newspaper publishing and commercial printing industries. Baldwin Technology Co. Inc. Cl A has a market cap of $20.5 million; its shares were traded at around $1.31 with and P/S ratio of 0.1.


Baldwin Technology Company Inc. reported its financial results for the company's fourth quarter and fiscal year ended June 30, 2011. Sales for the fourth quarter of fiscal 2011 up 38% to $43.2 million compared to the fourth quarter of the prior year and up 19% compared to fiscal 2011 prior quarter The company reported fourth quarter net sales of $43.2 million from continuing operations, an increase of $11.8 million, or 38%, from net sales of $31.4 million for the fourth quarter of the prior year.


President & CEO Mark T. Becker, Vice President, CFO and Treasurer Ivan Randall Habibe, Director Claes Warnander bought shares of BLD stock.


AcelRx Pharmaceuticals Inc. (ACRX, Financial): CFO James H. Welch Bought 10,000 Shares


CFO of AcelRx Pharmaceuticals Inc. (ACRX) James H. Welch bought 10,000 shares on 09/07/2011 at an average price of $3.34. AcelRx Pharmaceuticals, Inc., is a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of pain. AcelRx Pharmaceuticals Inc. has a market cap of $63.3 million; its shares were traded at around $3.26 .


AcelRx Pharmaceuticals Inc. reported financial results for the second quarter and six months ended June 30, 2011. Net loss for the second quarter of 2011 was $4.8 million, or $0.25 per share, compared with a net loss of $3.5 million, or $5.41 per share, for the second quarter of 2010.


CEO Richard King, CFO James H. Welch, and Director Thomas A. Schreck bought shares of ACRX stock.


Prospect Capital Corp. (PSEC, Financial): CFO, CCO, Treasury, Secretary Brian H. Oswald Bought 7,000 Shares


CFO, CCO, Treasury, Secretary of Prospect Capital Corp. (PSEC) Brian H. Oswald bought 7,000 shares on 08/31/2011 at an average price of $8.69. Prospect Capital Corporation is a closed-end investment company that lends to and invests in private and microcap public businesses. Prospect Capital Corp. has a market cap of $912.7 million; its shares were traded at around $8.49 with a P/E ratio of 6.9 and P/S ratio of 5.4. The dividend yield of Prospect Capital Corp. stocks is 14.3%. Prospect Capital Corp. had an annual average earnings growth of 18.4% over the past 5 years.


Prospect Capital Corporation announced financial results for our third quarter ended March 31, 2011. For the three and nine months ended March 31, 2011, the increase in net assets resulting from operations was $33.8 million and $91.3 million, respectively, or $0.38 per share and $1.11 per share, respectively.


CFO, CCO, Treasury, Secretary Brian H. Oswald, Family Insider Matthew C. Barry, and COO M. Grier Eliasek bought shares of PSEC stock.


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