Weekly CFO Buys Highlight: BLD, BYD, ACRX

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Sep 19, 2011
According to GuruFocus Insider Data, the largest CFO buys during the past week are Baldwin Technology Company Inc., Boyd Gaming Corporation, AcelRx Pharmaceuticals Inc.


Baldwin Technology Co. Inc. Cl A (BLD, Financial): Vice President, CFO and Treasurer Ivan Randall Habibe Bought 10,000 Shares


Vice President, CFO and Treasurer of Baldwin Technology Co. Inc. Cl A (BLD) Ivan Randall Habibe bought 10,000 shares on 09/06/2011 at an average price of $1.2. 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 $20.4 million; its shares were traded at around $1.3 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. 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. Net sales from continuing operations for the fiscal year ended June 30, 2011 were $160.9 compared to net sales of $138.6 million for the year ended June 30, 2010, an increase of $22.3 million, or 16%.


President and CEO Mark T. Becker, Vice President, CFO and Treasurer Ivan Randall Habibe, and Director Claes Warnander


Boyd Gaming Corp. (BYD, Financial): Senior Vice President, Treasurer and CFO Josh Hirsberg Bought 10,000 Shares Vice President, CFO and Treasurer of Boyd Gaming Corp. (BYD) Josh Hirsberg bought 10,000 shares on 09/14/2011 at an average price of $5.68. Boyd Gaming Corp. is a multi-jurisdictional gaming company which currently owns or operates ten casino entertainment facilities, is in the process of constructing its eleventh property, acquiring its twelfth property and recently acquired land upon which it intends to construct its thirteenth property. Boyd Gaming Corp. has a market cap of $523.8 million; its shares were traded at around $6.07 with and P/S ratio of 0.2.


Boyd Gaming Corporation reported financial results for the second quarter ended June 30, 2011. Net revenues were $574.4 million for the second quarter 2011, a decrease of less than 1% from the same quarter in 2010. For the second quarter 2011, the company reported a net loss of $3.0 million, or $0.03 per share, compared to net income of $3.4 million, or $0.04 per share, in the same period last year.


Senior Vice President, Treasurer and CFO Josh Hirsberg bought shares of BYD stock.


Executive Vice President, 10% Owner Marianne Boyd Johnson and Vice President William R. Boyd sold shares of BYD 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 $63.2 million; its shares were traded at around $3.25.


AcelRx Pharmaceuticals Inc. reported financial results today 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.


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