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Weekly CFO Buys Highlight: PEIX, CYH, NARA

November 13, 2011 | About:
gurujk

gurujk

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

Pacific Ethanol Inc. (PEIX): 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 October 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 & CEO Neil M Koehler, CFO Bryon T Mcgregor, and Director Larry D Layne bought shares of PEIX stock.

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

Executive VP 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 percent 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 percent increase compared with $88 million for the same period in 2010.

Executive VP 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): EVP & CFO Philip Guldeman Bought 4,206 Shares

EVP & 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, N. 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, EVP & 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.

  • 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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