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Weekly CFO Buys Highlight: BWEN, DDMG, ZHNE, ENZ, SIRO

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gurujk

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According to GuruFocus Insider Data, the largest CFO buys during the past week were Broadwind Energy Inc., Digital Domain Media Group Inc., Zhone Technologies Inc., Enzo Biochem Inc., and Sirona Dental Systems Inc.

Broadwind Energy Inc. (BWEN): Executive Vice President and CFO Stephanie K. Kushner Bought 60,450 Shares

Executive Vice President and CFO of Broadwind Energy Inc. (BWEN) Stephanie K. Kushner bought 60,450 shares on 11/16/2011 at an average price of $0.4. Broadwind Energy, Inc., headquartered in Naperville, Illinois, owns, supports, grows and strategically positions companies that manufacture, install and maintain components for the energy industry, with a primary emphasis on the wind energy sector. Broadwind Energy Inc. has a market cap of $85.3 million; its shares were traded at around $0.61 with and P/S ratio of 0.6.

Broadwind Energy Inc. reported sales of $39.3 million for the second quarter of 2011, a 17% increase compared to $33.6 million in the second quarter of 2010. The company reported a net loss from continuing operations of $4.4 million or $0.04 per share in the second quarter of 2011 compared to a loss of $13.2 million or $0.12 per share during the second quarter of 2010.

Executive Vice President and CFO Stephanie K. Kushner bought shares of BWEN stock.

10% Owner Jeffrey L. Gendell Et Al sold shares of BWEN stock.

Digital Domain Media Group Inc. (DDMG): CFO Jonathan Teaford Bought 58,825 Shares

CFO of Digital Domain Media Group Inc. (DDMG) Jonathan Teaford bought 58,825 shares on 11/18/2011 at an average price of $8.5.

On November 18 the company announced that its initial public offering of 5 million shares was priced at $8.50 per share.

CEO, 10% Owner John C. Textor and CFO Jonathan Teaford bought shares of DDMG stock.

Zhone Technologies Inc. (ZHNE): CFO, Treasurer and Secretary Kirk Misaka Bought 25,000 Shares

CFO, Treasurer & Secretary of Zhone Technologies Inc. (ZHNE) Kirk Misaka bought 25,000 shares on 11/21/2011 at an average price of $0.9. Zhone Technologies is developing the industry's first complete line of telecommunications infrastructure products for the local access network. Zhone Technologies Inc. has a market cap of $29.1 million; its shares were traded at around $0.95 with and P/S ratio of 0.2.

Zhone Technologies Inc. reported its financial results for the third quarter ended Sept. 30, 2011. Revenue for the third quarter of 2011 was $30.2 million compared to $31.3 million for the second quarter of 2011 and $33.7 million for the third quarter of 2010. Net loss for the third quarter of 2011was $2.7 million or $0.09 per share compared with a net loss of $1.9 million or $0.06 per share for the second quarter of 2011 and a net income of $1.7 million or $0.05 diluted per share for the third quarter of 2010.

CEO and President Morteza Ejabat and CFO, Treasurer and Secretary Kirk Misaka bought shares of ZHNE stock.

Enzo Biochem Inc. (ENZ): President, CFO, Princ AO and Treasurer Barry W. Weiner Bought 20,000 Shares

Pres, CFO, Princ AO and Treasurer of Enzo Biochem Inc. (ENZ) Barry W. Weiner bought 20,000 shares on 11/16/2011 at an average price of $2.29. Enzo Biochem, Inc. develops, manufactures and markets health care products based on molecular biology and genetic engineering techniques, and also provides diagnostic services to the medical community. Enzo Biochem Inc. has a market cap of $76.8 million; its shares were traded at around $1.99 with and P/S ratio of 0.8.

Enzo Biochem Inc. reported operating results for the quarter and fiscal year ended July 31, 2011. Total revenues increased to $26.8 million, up from $25.8 million in the preceding April 2011 quarter and from $24.9 million in the corresponding year-ago period.

CEO and Secretary Elazar Rabbani and Pres, CFO, Princ AO and Treasurer Barry W. Weiner bought shares of ENZ stock.

Sirona Dental Systems Inc. (SIRO): Executive Vice President and CFO Simone Blank Bought 18,750 Shares

Executive Vice President and CFO of Sirona Dental Systems Inc. (siro) Simone Blank bought 18,750 shares on 11/23/2011 at an average price of $39.91. Sirona Dental Systems Inc. is a company dedicated to creating and producing the finest dental equipment available. Sirona Dental Systems Inc. has a market cap of $2.32 billion; its shares were traded at around $41.34 with a P/E ratio of 14.4 and P/S ratio of 3. Sirona Dental Systems Inc. had an annual average earnings growth of 54.6% over the past 10 years.

Sirona announced its financial results for the quarter and fiscal year ended Sept. 30, 2011. Revenue was $218.8 million, an increase of $35.9 million or up 19.6%. Net income for the fourth quarter of 2011 was $13.8 million, or $0.24 per diluted share, versus $24.7 million, or $0.44 per diluted share in the prior year period.

Chairman and CEO Jost Fischer, Executive Vice President and CFO Simone Blank, and Director David Beecken bought shares of SIRO stock.

Director Arthur D. Kowaloff sold shares of SIRO stock.

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

Rating: 2.4/5 (5 votes)

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