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Weekly CFO Buys Highlight: Ecotality Inc., STAG Industrial

January 08, 2012 | About:
gurujk

gurujk

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According to GuruFocus Insider Data, the largest CFO buys during the past week were from Ecotality Inc., STAG Industrial.

ECOtality Inc. (ECTY): CFO Hind Ravi Brar Bought 15,000 Shares

CFO of ECOtality Inc. (ECTY) Hind Ravi Brar bought 15,000 shares on 12/30/2011 at an average price of $1.04. ECOtality Inc., headquartered in Scottsdale, Ariz., is a leader in clean electric transportation and storage technologies. ECOtality Inc. has a market cap of $29.1 million; its shares were traded at around $1.22 with and P/S ratio of 2.1.

ECOtality Inc. announced financial results for the quarter ended Sept.30, 2011. Revenue for the third quarter 2011 grew to $9.5 million, an increase of 58 percent, compared with $6.0 million reported in the second quarter of 2011. Net loss for the three month period ended Sept. 30, 2011 was $3.4 million, a 39 percent improvement when compared with a net loss of $5.6 million in the second quarter of 2011.

CFO Hind Ravi Brar, Director Edward S. Mead, and Secretary/Assistant Treasury Barry Baer bought shares of ECTY stock.

STAG Industrial (STAG): CFO, Executive Vice President and Treasurer Gregory W. Sullivan Bought 11,000 Shares

CFO, Executive Vice President and Treasurer of STAG Industrial (STAG) Gregory W. Sullivan bought 11,000 shares on 12/29/2011 at an average price of $11.38. STAG Industrial Inc. operates as a real estate company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the U.S. Stag Industrial has a market cap of $184.6 million; its shares were traded at around $11.61. The dividend yield of Stag Industrial stocks is 9%.

STAG Industrial Inc. announced its financial and operating results for the third quarter of 2011. Net operating income attributable to common stockholders was $9.7 million. Chairman, CEO and President Benjamin S. Butcher, CFO, Executive Vice President and Treasurer Gregory W. Sullivan, and Director Jeffrey D. Furber bought shares of STAG stock.

Chairman, CEO and President Benjamin S. Butcher, CFO, Executive Vice President and Treasurer Gregory W. Sullivan, and Director Jeffrey D. Furber bought shares of STAG stock.

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

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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