Weekly CFO Buys Highlight: PEIX, CYH, NARA

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Nov 07, 2011
According to GuruFocus Insider Data, the largest CFO buys during the past week are Pacific Ethanol Inc., Community Health Systems Inc., Nara Bancorp Inc.


Pacific Ethanol Inc. (PEIX, Financial): CFO Bryon T. McGregor Bought 15,000 Shares


CFO of Pacific Ethanol Inc. (PEIX) Bryon T. McGregor bought 15,000 shares on 11/02/2011 at an average price of $0.5. Pacific Ethanol Inc. is currently in the business of marketing ethanol in the Western United States through Kinergy Marketing, a wholly owned subsidiary of the company and the largest West Coast-based marketer of renewable fuels. Pacific Ethanol Inc. has a market cap of $17.7 million; its shares were traded at around $0.69.


On Oct. 26, 2011, Pacific Ethanol (PEIX) reported its third quarter results. Total revenue was $46.04 million for the third quarter as compare to $271.6 million for the same quarter the prior year.


President and CEO Neil M. Koehler, CFO Bryon T. Mcgregor, and Director Larry D. Layne bought shares of PEIX stock.


Community Health Systems Inc. (CYH, Financial): Executive Vice President and CFO W. Larry Cash Bought 10,000 Shares


Executive Vice President and CFO of Community Health Systems Inc. (CYH) W. Larry Cash bought 10,000 shares on 10/31/2011 at an average price of $17.74. Community Health Systems Inc. is a provider of non-urban acute healthcare services. Community Health Systems Inc. has a market cap of $1.79 billion; its shares were traded at around $19.17 with a P/E ratio of 5.9 and P/S ratio of 0.1. Community Health Systems Inc. had an annual average earnings growth of 23.3% over the past 10 years. GuruFocus rated Community Health Systems Inc. the business predictability rank of 4.5-star.


Community Health Systems Inc. announced financial and operating results for the third quarter and nine months ended Sept. 30. Net operating revenues for the quarter ended Sept. 30 totaled $3.4 billion, an 8.7% increase compared with $3.2 billion for the same period in 2010. Income from continuing operations increased to $95.8 million for the quarter, an 8.9% increase compared with $88 million for the same period in 2010.


Executive Vice President and CFO W. Larry Cash, Division President William S. Hussey, and Division President Thomas Daniel Miller bought shares of CYH stock.


Nara Bancorp Inc. (NARA, Financial): Executive Vice President and CFO Philip Guldeman Bought 4,206 Shares


Executive Vice President and CFO of Nara Bancorp Inc. (NARA) Philip Guldeman bought 4,206 shares on 10/31/2011 at an average price of $7.25. Nara Bancorp Inc. is a bank holding company for Nara Bank. Nara Bancorp Inc. has a market cap of $333 million; its shares were traded at around $8.74 with a P/E ratio of 13.5 and P/S ratio of 2.1.


Nara Bancorp, Inc., the holding company of Nara Bank, reported net income available to common stockholders of $8.7 million, or $0.23 per diluted common share, for the third quarter 2011, compared to net income available to common stockholders of $4.0 million, or $0.11 per diluted common share, for the third quarter 2010, and net income available to common stockholders of $5.2 million, or $0.14 per diluted common share, for the second quarter 2011.


President and CEO Alvin D. Kang, Executive Vice President and CFO Philip Guldeman, and Director Scott Yoon-suk Whang bought shares of NARA stock.


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