10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Weekly CFO Buys Highlight: TSON, PRTS, FXCM, AMRI, MN

December 04, 2011 | About:
gurujk

gurujk

5 followers
According to GuruFocus Insider Data, the largest CFO buys during the past week TranS1 Inc., U.S. Auto Parts Network Inc., FXCM, Albany Molecular Research Inc., and Manning & Napier.

TranS1 Inc. (TSON): Executive Vice President and CFO Joseph P. Slattery Bought 133,420 Shares

Executive Vice President and CFO of TranS1 Inc. (TSON) Joseph P. Slattery bought 133,420 shares on 11/29/2011 at an average price of $1.5. TranS1 is a medical device company focused on designing, developing and marketing products that implement its proprietary minimally invasive surgical approach to treat degenerative disc disease affecting the lower lumbar region of the spine. Trans1 Inc. has a market cap of $46.7 million; its shares were traded at around $1.72 with and P/S ratio of 1.9.

TranS1 Inc. announced its financial results for the third quarter ended September 30, 2011. Revenues were $4.7 million in the third quarter of 2011, representing a 26% decrease over revenues of $6.3 million in the third quarter of 2010. Net loss was $3.3 million in the third quarter of 2011, compared to a net loss of $3.8 million in the third quarter of 2010.

Executive Vice President and CFO Joseph P. Slattery and Director Richard D. Randall sold shares of TSON stock.

U.S. Auto Parts Network Inc. (PRTS): CFO Theodore R. Sanders Bought 30,804 Shares

CFO of U.S. Auto Parts Network Inc. (PRTS) Theodore R. Sanders bought 30,804 shares during the past week at an average price of $4.03. U.S. Auto Parts Network Inc. is a online provider of automotive aftermarket parts, including body parts, engine parts, performance parts and accessories. U.s. Auto Parts Network Inc. has a market cap of $138.7 million; its shares were traded at around $4.54 with and P/S ratio of 0.5.

U.S. Auto Parts Network Inc. reported net sales for the third quarter ended October 1, 2011 of $78.6 million compared with third quarter 2010 net sales of $72.3 million. Third quarter 2011 net loss was $5.3 million or $0.17 per share, compared with third quarter 2010 net loss of $13.0 million or $0.43 per share.

Director Sol Khazani bought shares of PRTS stock.

FXCM (FXCM): CFO Robert Lande Bought 15,000 Shares

CFO of FXCM (FXCM) Robert Lande bought 15,000 shares on 11/23/2011 at an average price of $8.99. FXCM Inc. is an online provider of foreign exchange, trading and related services to retail and institutional customers globally. FXCM has a market cap of $169.6 million; its shares were traded at around $10.01 with a P/E ratio of 12.2 and P/S ratio of 0.4. The dividend yield of FXCM stocks is 2.3%.

FXCM Inc. announced for the quarter ended September 30, 2011, revenues increased to $109.1 million, compared to $103.4 million for the second quarter 2011 and $90.5 million for the third quarter 2010, an increase of 5% and 20% respectively.

CFO Robert Lande and Director Eduard Yusupov bought shares of stock.

Albany Molecular Research Inc. (AMRI): CFO Mark T. Frost Bought 10,000 Shares

CFO of Albany Molecular Research Inc. (AMRI) Mark T. Frost bought 10,000 shares on 12/01/2011 at an average price of $2.26. Albany Molecular Research is an integrated provider of drug discovery and development, chemistry research and manufacturing services. Albany Molecular Research Inc. has a market cap of $71.7 million; its shares were traded at around $2.34 with and P/S ratio of 0.3.

AMRI reported financial and operating results for the third quarter ended September 30, 2011. Total revenue for the third quarter of 2011 was $50.2 million, essentially flat with results reported in the third quarter of 2010. Net loss under U.S. GAAP was $5.9 million, or $0.19 per basic and diluted share in the third quarter of 2011, compared to a net loss of $9.9 million, or $0.33 per basic and diluted share for the third quarter of 2010.

CFO Mark T Frost bought shares of AMRI stock.

VP Pharmaceutical Dev & Mfg Steven R Hagen sold shares of AMRI.

Manning & Napier (MN): CFO James Mikolaichik Bought 10,000 Shares

CFO of Manning & Napier (MN) James Mikolaichik bought 10,000 shares on 11/23/2011 at an average price of $12.

CEO Patrick Cunningham, CFO James Mikolaichik, and President Jeffrey S. Coons bought shares of MN 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.

» Take a Free Trial of Premium Membership


Rating: 3.1/5 (11 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK