GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Weekly CFO Buys Highlight: Bank of South Carolina Corp., Pixelworks Inc.

February 13, 2012 | About:
10qk

GuruFocus

347 followers
According to GuruFocus Insider Data, the largest CFO buys during the past week were Bank of South Carolina Corp. and Pixelworks Inc. The overall trend of CFOs is illustrated in the chart below:

Bank of South Carolina Corp. (BKSC): EVP, CFO and Treasurer Sheryl G. Sharry Bought 3,928 Shares

EVP, CFO and Treasurer of Bank of South Carolina Corp. (BKSC) Sheryl G. Sharry bought 3,928 shares on 02/01/2012 at an average price of $10.5. Bank of South Carolina Corp. is a one-bank holding company engaged, through its subsidiary,in general banking business. Bank Of South Carolina Corp. has a market cap of $48.4 million; its shares were traded at around $10.74 with a P/E ratio of 15.3 and P/S ratio of 3.4. The dividend yield of Bank of South Carolina Corp. stocks is 4%. Bank of South Carolina Corp. had an annual average earnings growth of 2.7% over the past 10 years.

The Bank of South Carolina Corporation announced earnings of $3,189,318 or $.72 per share, for the year ended Dec. 31, 2011 an increase of 2.53% from earnings for the year ended 2010 of $3,110,513 or $.70 per share.

President & CEO, 10% Owner Hugh C. Lane Jr., EVP, CFO and Treasurer Sheryl G. Sharry, and Director David R. Schools bought shares of BKSC stock.

Pixelworks Inc. (PXLW): VP, CFO and Treasurer Steven L. Moore Bought 3,000 Shares

VP, CFO and Treasurer of Pixelworks Inc. (PXLW) Steven L. Moore bought 3,000 shares on 01/31/2012 at an average price of $1.95. Pixelworks Inc. design, develop and market semiconductors and software that enable the visual display of broadband content through a wide variety of electronic devices. Pixelworks Inc. has a market cap of $42.9 million; its shares were traded at around $2.36 with and P/S ratio of 0.7.

Pixelworks Inc. announced financial results for the fourth quarter ended Dec. 31, 2011. Fourth-quarter 2011 revenue was $16.8 million, compared to $17.4 million reported in the third quarter of 2011 and $14.1 million in the fourth quarter of 2010.

VP, CFO and Treasurer Steven L. Moore, VP of Operations Reuben A. Aspacio, and Senior VP Technology, and CTO Hongmin Zhang bought shares of PXLW stock.

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

About the author:

GuruFocus
GuruFocus - Stock Picks and Market Insight of Gurus

Rating: 3.7/5 (6 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