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Weekly CFO Buys Highlight: ZBB, INO, LPR, PMC, FGP, PRMW

gurujk

gurujk

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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:

Zbb Energy Corp (ZBB): CFO William C Hogoboom Bought 28,947 Shares

CFO of Zbb Energy Corp (ZBB) William C Hogoboom bought 28,947 shares on 06/14/2012 at an average price of $0.38. ZBB Energy Corporation develops and manufactures distributed energy storage solutions based on the Company's proprietary zinc-bromine rechargeable electrical energy storage technology. Zbb Energy Corp has a market cap of $15.5 million; its shares were traded at around $0.38 with and P/S ratio of 8.6.

ZBB Energy Corporation reported revenues of $1,645,291 and $3,724,069 for the three and nine months ended March 31, 2012, respectively, representing increases of $1,439,320 and $3,283,417, or 699% and 745%, compared to the corresponding fiscal 2011 periods. Net loss on the basis of accounting principles generally accepted in the United States (GAAP) was $3.47 million or $0.09 per share and $7.88 million or $0.23 per share in the three and nine months ended March 31, 2012, respectively, compared to $2.9 million and $6.7 million, or $0.12 and $0.33 per share in the three and nine months ended March 31, 2011, respectively.

CEO and President Eric C Apfelbach, CFO William C Hogoboom, Executive VP - Operations Charles W Stankiewicz bought shares of ZBB stock.

Inovio Pharmac (INO): CFO Peter Kies Bought 25,000 Shares

CFO of Inovio Pharmac (INO) Peter Kies bought 25,000 shares on 06/05/2012 at an average price of $0.41. Inovio Pharmaceuticals, Inc., formerly known as Inovio Biomedical Corporation, is engaged in the discovery, development, and delivery of a new generation of vaccines, called DNA vaccines, focused on cancers and infectious diseases. Inovio Pharmac has a market cap of $58 million; its shares were traded at around $0.4 with and P/S ratio of 6.

Inovio Pharmaceuticals, Inc. reported financial results for the quarter ended March 31, 2012. Total revenue was $1.7 million for the three months ended March 31, 2012, compared to $3.1 million for the same period in 2011. Total operating expenses were $5.9 million compared to $7.5 million. The net loss attributable to common stockholders was $8.3 million, or $0.06 per share, compared to $2.4 million, or $0.02 per share.

CEO, 10% Owner Jong Joseph Kim, CFO Peter Kies, and COO Niranjan Sardesai bought shares of INO stock.

Lone Pine Rsrcs (LPR): Executive Vice President & CFO Edward J. Bereznicki Bought 17,500 Shares

Executive Vice President & CFO of Lone Pine Rsrcs (LPR) Edward J. Bereznicki bought 17,500 shares on 06/07/2012 at an average price of $3.1. Lone Pine Resources Inc. operates as an independent oil and gas exploration, development, and production company with operations in Canada. Lone Pine Rsrcs has a market cap of $255.1 million; its shares were traded at around $3.33 with a P/E ratio of 14.3 and P/S ratio of 1.3.

Lone Pine Resources Inc. announced financial and operational results for the first quarter of 2012. Total net sales volumes of 91.2 MMcfe/d increased 9% from the first quarter of 2011.

President, CEO & Director David M Anderson, Executive Vice President & CFO Edward J. Bereznicki, and Director Dale J. Hohm bought shares of LPR stock.

Pharmerica Corp (PMC): EVP and CFO Michael J Culotta Bought 15,000 Shares

EVP and CFO of Pharmerica Corp (PMC) Michael J Culotta bought 15,000 shares on 06/14/2012 at an average price of $9.51. PharMerica Corporation is an institutional pharmacy services provider dedicated to providing quality customer service and innovative pharmacy solutions to institutional customers and patients in long-term care settings. Pharmerica Corp has a market cap of $287.9 million; its shares were traded at around $10.18 with a P/E ratio of 7.3 and P/S ratio of 0.1. Pharmerica Corp had an annual average earnings growth of 18.6% over the past 5 years.

PharMerica Corporation reported its financial results for the first quarter of 2012. Net income for the first quarter of 2012 was $5.6 million, or $0.19 per diluted common share, compared with $3.3 million, or $0.11 per diluted common share, for the same period in 2011. Revenues for the first quarter of 2012 were $498.9 million compared with $535.1 million for the first quarter of 2011, a decrease of 6.8%.

CEO Gregory S Weishar, EVP and CFO Michael J Culotta, and EVP William E Monast bought shares of PMC stock.

Primo Water Cp (PRMW): CFO Mark Castaneda Bought 10,000 Shares

CFO of Primo Water Cp (PRMW) Mark Castaneda bought 10,000 shares on 06/08/2012 at an average price of $1.15. Prime Water Corporation operates as a provider of three- and five-gallon purified bottled water and water dispensers sold through major retailers nationwide. Primo Water Cp has a market cap of $27.4 million; its shares were traded at around $1.2 with and P/S ratio of 0.3.

Primo Water Corporation announced financial results for the first quarter ended March 31, 2012. Total net sales increased 15.4% to $19.8 million from $17.1 million in the first quarter of 2011. The GAAP net loss for the first quarter of 2012 was $(3.9) million or $(0.16) per share, compared to $(2.1) million or $(0.11) per share for the same period in the prior year.

Chairman, CEO and President, 10% Owner Billy D Prim, CFO Mark Castaneda, and Director Jack C. Kilgore bought shares of PRMW 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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