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Weekly CFO Buys Highlight: MTEX, TRNO, CMC, TINY

January 15, 2012 | About:
gurujk

gurujk

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According to GuruFocus Insider Data, the largest CFO buys during the past week were Mannatech Inc., Terreno Realty, Commercial Metals Co. and Harris & Harris Group Inc.

Mannatech Inc. (NASDAQ:MTEX): CFO Steven Mark Nicholls Bought 25,000 Shares

CFO of Mannatech Inc. (NASDAQ:MTEX) Steven Mark Nicholls bought 25,000 shares on 01/13/2012 at an average price of $0.47. Mannatech Inc is a wellness solution provider that sells its products through a global network-marketing system throughout the United States and the international markets of Canada, Australia, the UK, Japan and New Zealand. Mannatech Inc. has a market cap of $10.6 million; its shares were traded at around $0.4 with and P/S ratio of 0.1.

Mannatech Inc. reported for the quarter ended Sept. 30, 2011 net sales of $50.5 million, and a net loss of $3.7 million, or $0.14 per diluted share compared to the 2010 loss of $0.05 per share. Quarterly sales declined $4.4 million or 8.0%, compared to the third quarter of 2010.

CFO Steven Mark Nicholls and Director Larry A. Jobe bought shares of MTEX stock.

Terreno Realty (NYSE:TRNO): President and CFO Michael A. Coke Bought 10,000 Shares

President and CFO of Terreno Realty (NYSE:TRNO) Michael A. Coke bought 10,000 shares on 01/13/2012 at an average price of $14.25. Terreno Realty Corporation is an internally managed real estate investment trust (REIT) focused on acquiring industrial real estate located in major coastal U.S. Terreno Realty has a market cap of $128 million; its shares were traded at around $13.75. The dividend yield of Terreno Realty stocks is 2.9%.

Terreno Realty reported financial results for the quarter ended June 30, 2011. Net loss increased by approximately $0.7 million to $2.0 million for the three months ended June 30, 2011 compared to a net loss of $1.3 million for the same period in 2010. Total revenues increased by approximately $3.5 million to $3.8 million for the three months ended June 30, 2011 from $0.3 million for the three months ended June 30, 2010. Total revenues increased by approximately $3.5 million to $3.8 million for the three months ended June 30, 2011 from $0.3 million for the three months ended June 30, 2010.

Chairman and CEO W Blake Baird, President and CFO Michael A. Coke, Director Douglas M. Pasquale bought shares of TRNO stock.

Commercial Metals Co. (NYSE:CMC): Senior Vice President and CFO Barbara Smith Bought 4,000 Shares

Senior Vice President and CFO of Commercial Metals Co. (NYSE:CMC) Barbara Smith bought 4,000 shares during the past week at an average price of $14.88. Commercial Metals Company has three segments: manufacturing, recycling, and marketing and trading. Commercial Metals Co. has a market cap of $1.53 billion; its shares were traded at around $13.22 with a P/E ratio of 45.5 and P/S ratio of 0.2. The dividend yield of Commercial Metals Co. stocks is 3.7%.

Commercial Metals Company reported a net loss of $120.3 million or $1.04 per diluted share on net sales of $2.3 billion for the fourth quarter ended Aug. 31, 2011. This compares with net earnings of $8.0 million or $0.07 per diluted share on net sales of $1.8 billion for the same period in 2010.

President and CEO Joseph Alvarado, Senior Vice President and CFO Barbara Smith, and Director Rhys J. Best bought shares of CMC stock.

Harris & Harris Group Inc. (NASDAQ:TINY): President and CFO Daniel B. Wolfe Bought 850 Shares

President and CFO of Harris & Harris Group Inc. (NASDAQ:TINY) Daniel B. Wolfe bought 850 shares on 01/09/2012 at an average price of $3.5. Harris & Harris Group Inc., based in New York, is a publicly traded venture capital firm exclusively focused on investing in companies enabled by nanotechnology and microsystems. Harris & Harris Group Inc. has a market cap of $116.8 million; its shares were traded at around $3.77 with a P/E ratio of 75.4 and P/S ratio of 262.1. Harris & Harris Group Inc. had an annual average earnings growth of 7% over the past 10 years.

NeoPhotonics Corporation announced financial results for its third quarter ended Sept. 30, 2011. For the third quarter of 2011, NeoPhotonics recorded quarterly revenue of $44.0 million, a decrease of $8.1 million, or 16% from the second quarter of 2011, and a decrease of $3.2 million, or 7%, from the third quarter of 2010. Net loss was $4.1 million for the third quarter of 2011, as compared to net income of $13.6 million in the second quarter of 2011 and net income of $0.1 million in the third quarter of 2010.

Chairman, CEO Douglas W Jamison, President, CFO Daniel B Wolfe, and Executive Vice President Misti Ushio bought shares of TINY 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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