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Weekly CFO Buys Highlight: ASBB, BLMT, MASC

October 16, 2011 | About:
gurujk

gurujk

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According to GuruFocus Insider Data, the largest CFO buys during the past week are ASB Bancorp Inc., BSB Bancorp Inc., and Material Sciences Corp.

Material Sciences Corp. (MASC): VP, CFO, CC & CS James D. Pawlak Bought 2,400 Shares

VP, CFO, CC & CS of Material Sciences Corp. (MASC) James D. Pawlak bought 2,400 shares on 10/12/2011 at an average price of $7.05. Material Sciences Corporation develops, manufactures and markets continuously processed, coated and laminated materials. Material Sciences Corp. has a market cap of $90.44 million; its shares were traded at around $7.75 with a P/E ratio of 8.33 and P/S ratio of 0.66.

Material Sciences Corporation reported a continuation of its strong operating performance for the three and six months ended August 31, 2011. Net sales for the latest quarter rose 3.9 percent to $34.4 million versus $33.1 million for the same period last year.

BSB Bancorp Inc. (BLMT): SVP, CFO, Treas. & Corp. Sec. John A. Citrano Bought 9,652 Shares

SVP, CFO, Treas. & Corp. Sec. of BSB Bancorp Inc. (BLMT) John A. Citrano bought 9,652 shares on 10/05/2011 at an average price of $10.26.

President and CEO Robert M. Mahoney, SVP, CFO, Treas. & Corp. Sec. John A. Citrano, and Director S Warren Farrell bought shares of BLMT stock.

VP, CFO, CC & CS James D. Pawlak sold shares of MASC stock.

Director, 10% Owner Frank L. Hohmann Iii sold shares of MASC stock.

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

ASB Bancorp Inc. (ASBB): EVP and CFO Kirby A. Tyndall Bought 10,000 Shares

EVP and CFO of ASB Bancorp Inc. (ASBB) Kirby A. Tyndall bought 10,000 shares on 10/11/2011 at an average price of $10.

ASB Bancorp, Inc. announced that it conversion of the Bank from the mutual form of organization to the stock form of organization as well as its subscription and community offering. The Company anticipates that its common stock will begin trading on the Nasdaq Global Market under the symbol “ASBB” on October 12, 2011. A total of 5,584,551 shares of common stock were sold in the subscription and community offering at $10.00 per share.

President & CEO Suzanne S. Deferie, EVP and CFO Kirby A. Tyndall, and Director Kenneth E. Hornowski bought shares of ASBB stock.

Tickers in the article:

  • 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.

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