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Weekly CFO Buys Highlight: BLDR, ARCT, STLY

April 30, 2012 | About:
GuruFocus

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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:



Builders Firsts (BLDR): Senior Vice President and CFO M. Chad Crow Bought 10,000 Shares

Senior Vice President and CFO of Builders Firsts (BLDR) M. Chad Crow bought 10,000 shares on 04/24/2012 at an average price of $3.45. Builders FirstSource is a supplier and manufacturer of structural and related building products for residential new construction in the United States. Builders Firsts has a market cap of $353.9 million; its shares were traded at around $4.22 with and P/S ratio of 0.4.

Builders FirstSource Inc. reported its results for the first quarter ended March 31, 2012. Sales for the first quarter of 2012 were $219.4 million, an increase of 34.7% when compared to the first quarter of 2011. Net loss for the first quarter of 2012 was $19.2 million, or $0.20 loss per diluted share, compared to net loss of $21.2 million, or $0.22 loss per diluted share, in the first quarter of 2011.

Floyd F ShermanSenior Vice President and CFO M. Chad Crow, and Director Michael Graff bought shares of BLDR stock.

American Realty Capital (ARCT): CFO and Treasurer Brian D. Jones Bought 1,000 Shares

CFO and Treasurer of American Realty Capital (ARCT) Brian D. Jones bought 1,000 shares on 04/18/2012 at an average price of $11. American Realty Capital Trust Inc. is a real estate investment trust that acquires and operates single-tenant, freestanding commercial properties net leased on a long-term basis to primarily investment grade tenants. American Realty Capital has a market cap of $1.99 billion; its shares were traded at around $10.89 with and P/S ratio of 15.4. The dividend yield of American Realty Capital stocks is 6.3%.

President and CEO William M. Kahane, CFO and Treasurer Brian D. Jones, and Director Nicholas S. Schorsch bought shares of ARCT stock.

Stanley Furniture Co. (STLY): COO and CFO Micah S. Goldstein Bought 565 Shares

COO and CFO of Stanley Furniture Co. (STLY) Micah S. Goldstein bought 565 shares on 04/20/2012 at an average price of $4.7. Stanley Furniture Co. is a designer and manufacturer of residential wood furniture exclusively targeted at the upper-medium price range. Stanley Furniture Co. has a market cap of $67.9 million; its shares were traded at around $4.7 with and P/S ratio of 0.7.

Stanley Furniture Co. Inc. reported sales and operating results for the first quarter of 2012. Net sales for the first quarter of 2012 increased slightly to $26.8 million compared to $26.6 million in the first quarter of 2011 and represented an 8.7% increase on a sequential quarter basis. Operating loss narrowed substantially to $984,000 compared to a $3.4 million (including $768,000 in restructuring charges) operating loss in the first quarter of 2011.

President and CEO R. Glenn Prillaman, COO and CFO Micah S. Goldstein and COO and CFO Micah S. Goldstein bought shares of STLY 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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