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: CYTR, PZZI, AGYS, PLBC

February 27, 2012 | About:
insider

GuruFocus

358 followers
According to GuruFocus Insider Data, these are the largest CFO buys during the past week. The overall trend of CFOs is illustrated in the chart below:

Cytrx Corp (CYTR): CFO John Y. Caloz Bought 31,792 Shares

CFO of CytRx Corp. (CYTR) John Y. Caloz bought 31,792 shares on 02/23/2012 at an average price of $0.32. CytRx CORP. is engaged in the development and commercialization of pharmaceutical related products and services including human therapeutics focused on high-value critical-care therapies. CytRx Corp. has a market cap of $43.4 million; its shares were traded at around $0.34 with and P/S ratio of 434.7.

CytRx Corporation reported financial results for the three months and nine months ended September 30, 2011. CytRx reported a net loss of $0.6 million, or $0 per share, and comprehensive loss of $0.8 million, for the third quarter of 2011, which included a $4.3 million gain on warrant derivative liability related to warrants associated with past equity financings.

CEO Steven A. Kriegsman, CFO John Y. Caloz, and Director Richard L. Wennekamp bought shares of CYTR stock.

Pizza Inn Holdings (PZZI): 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 $36.5 million; its shares were traded at around $4.4 with and P/S ratio of 0.9.

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

Agilysys Inc (AGYS): Senior Vice President, CFO and Treasurer Robert R. Ellis Bought 20,000 Shares

Senior Vice President, CFO and Treasurer of Agilysys Inc. (AGYS) Robert R. Ellis bought 20,000 shares during the past week at an average price of $9.3. 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 $175.8 million; its shares were traded at around $8.22 with and P/S ratio of 0.3.

Agilysys Inc. announced unaudited financial results for the fiscal 2012 second quarter and first half ended Sept. 30, 2011. Consolidated revenue increased 8.6% to $53.6 million in the second quarter, compared with $49.3 million in last year’s comparable quarter.

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.

Plumas Bancorp (PLBC): Senior Vice President and CFO Richard L. Belstock Bought 6,569 Shares

Senior Vice President and CFO of Plumas Bancorp (PLBC) Richard L. Belstock bought 6,569 shares on 02/22/2012 at an average price of $2.49. Plumas Bancorp is a bank holding company of Plumas Bank. Plumas Bancorp has a market cap of $11 million; its shares were traded at around $3.9 with a P/E ratio of 38.3 and P/S ratio of 0.4.

Plumas Bancorp announced fourth quarter net income of $245 thousand compared to net income of $65 thousand for the fourth quarter of 2010, an improvement of $180 thousand.

Senior Vice President and CFO Richard L. Belstock, Director Robert J. Mcclintock, Senior Vice President and Credit Administrator Kerry Dale Wilson bought shares of PLBC 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