Weekly CFO Buys Highlight: PZZI, AGYS, SGU, XIDE

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Feb 20, 2012
According to GuruFocus Insider Data, the largest CFO buys during the past week Pizza Inn Holdings, Agilysys Inc., Star Gas Partners and Exide Tech. The overall trend of CFOs is illustrated in the chart below:





Pizza Inn Holdings (PZZI, Financial): CFO Jerome L. Trojan III Bought 12,500 Shares


CFO of Pizza Inn Holdings (PZZI) Jerome L. Trojan III bought 12,500 shares on 02/16/2012 at an average price of $4.81. Pizza Inn Holdings Inc. is an international pizza chain featuring traditional and specialty pizzas, as well as freshly made pastas, sandwiches, and desserts. Pizza Inn Holdings has a market cap of $36.53 million; its shares were traded at around $4.56 with and P/S ratio of 0.85.


Pizza Inn Holdings Inc. announced results for the second fiscal quarter ended Dec. 25, 2011. Net income decreased $0.3 million year over year to $0.1 million, or $0.01 per share, compared to net income of $0.4 million, or $0.05 per share, for the same quarter of the prior fiscal year.


President & CEO Charles R. Morrison, CFO Jerome L. Trojan III, and Senior Vice President & COO Madison Jobe bought shares of PZZI stock.


Agilysys Inc (AGYS, Financial): Senior Vice President, CFO and Treasurer Robert R. Ellis Bought 17,699 Shares


Senior Vice President, CFO and Treasurer of Agilysys Inc. (AGYS) Robert R. Ellis bought 17,699 shares during the past week at an average price of $7.15. Agilysys Inc. is a provider of innovative IT solutions to corporate and public-sector customers, with special expertise in select vertical markets, including retail and hospitality. Agilysys Inc has a market cap of $175.84 million; its shares were traded at around $7.77 with and P/S ratio of 0.26.


Agilysys Inc. announced unaudited financial results for the fiscal 2012 third quarter and nine months ended December 31, 2011. Total net sales declined 12.6% to $51.6 million, compared with $59.0 million in the same prior-year period. The net loss from continuing operations for the quarter was $5.8 million, or $0.26 per share, compared with a loss from continuing operations of $2.3 million, or $0.10 per share, last year.


President and CEO Jim Dennedy, Senior Vice President, CFO and Treasurer Robert R. Ellis, and Senior Vice President, GC and Secretary Kyle C. Badger bought shares of AGYS stock.


Star Gas Partners (SGU, Financial): CFO Richard Ambury Bought 6,000 Shares


CFO of Star Gas Partners (SGU) Richard Ambury bought 6,000 shares on 02/17/2012 at an average price of $4.55. Star Gas Partners LP is a publicly traded limited partnership. Star Gas Partners has a market cap of $280.76 million; its shares were traded at around $4.58 with and P/S ratio of 0.18. The dividend yield of Star Gas Partners stocks is 6.77%. Star Gas Partners had an annual average earnings growth of 10.1% over the past five years.


For the fiscal 2012 first quarter, Star reported a 0.4 percent increase in total revenues to $461.5 million, compared with total revenues of $459.5 million in the prior year period.


CFO Richard Ambury, Executive Vice President and COO Steven Jay Goldman, and Director Paul A. Vermylen Jr.Director Henry D. Babcock bought shares of SGU stock.


Exide Tech (XIDE, Financial): Executive Vice President and CFO Phillip A. Damaska Bought 5,000 Shares


Executive Vice President and CFO of Exide Tech (XIDE) Phillip A. Damaska bought 5,000 shares on 02/13/2012 at an average price of $3.02. Exide Technologies, is one of the world's largest producers and recyclers of lead-acid batteries. Exide Tech has a market cap of $239.84 million; its shares were traded at around $3.07 with a P/E ratio of 27.91 and P/S ratio of 0.08.


Exide Technologies announced today its fiscal 2012 third quarter and year to date financial results for the periods ended December 31, 2011. Net sales for the fiscal 2012 third quarter of $784.1 million versus $800.3 million in the prior year third quarter. Net income for the fiscal 2012 third quarter was $68.2 million or $0.84 per diluted share, the result of favorable discrete income tax items. This compared to the prior year period net income of $31.2 million or $0.38 per diluted share.


Executive Vice President and CFO Phillip A. Damaska bought 5,000 shares of XIDE stock on 02/13/2012 at the average price of 3.02. Phillip A. Damaska owns at least 122,160 shares after this. The price of the stock has increased by 1.66% since.


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