Weekly CFO Buys Highlight: NGL, UNTK, ZGNX, VTSS, RVSB

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Dec 24, 2012
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:



NGL Energy Partners LP (NGL, Financial): CEO and CFO H. Michael Krimbill Bought 150,000 Shares

CEO and CFO of NGL Energy Partners LP (NGL) H. Michael Krimbill bought 150,000 shares on 12/14/2012 at an average price of $21.8. NGL Energy Partners LP limited partnership formed in September 2010. NGL Energy Partners LP has a market cap of $1.16 billion; its shares were traded at around $21.57 with a P/E ratio of 93.7 and P/S ratio of 0.8. The dividend yield of NGL Energy Partners LP stocks is 8%.

NGL Energy Partners LP reported net income of $10.1 million and Adjusted EBITDA of $26.3 million for the three months ended Sept. 30, 2012.

CEO and CFO H. Michael Krimbill, Director Kevin Clement and Director James C. Kneale bought shares of NGL stock.

UniTek Global Services Inc. (UNTK, Financial): CFO Ronald J. Lejman Bought 20,000 Shares

CFO of UniTek Global Services Inc. (UNTK) Ronald J. Lejman bought 20,000 shares on 12/20/2012 at an average price of $3.55. UniTek Global Services, Inc. is a Delaware corporation. Unitek Global Services Inc. has a market cap of $63.44 million; its shares were traded at around $3.36 with a P/E ratio of 90.3 and P/S ratio of 0.2.

UniTek Global Services Inc. announced financial results for the third quarter and nine months ended Sept. 29, 2012, provided financial guidance for the fourth quarter of 2012. Revenues from continuing operations grew 30% to $132.1 million, compared to $101.9 million in the third quarter of 2011.

CFO Ronald J. Lejman, Director Mark S. Dailey and COO Donald Gately bought shares of UNTK stock.

Zogenix Inc. (ZGNX, Financial): Executive Vice President, CFO, Treasurer and Secretary Ann D. Rhoads Bought 17,500 Shares

Executive Vice President, CFO, Treasurer and Secretary of Zogenix Inc. (ZGNX) Ann D. Rhoads bought 17,500 shares on 12/12/2012 at an average price of $1.19. Zogenix Inc. is a Delaware Corporation. It is a pharmaceutical company, engaged in the commercializing and developing products for the treatment of central nervous system disorders and pain. Zogenix Inc. has a market cap of $137.913 million; its shares were traded at around $1.36 with and P/S ratio of 6.3.

Zogenix Inc. reported financial results for the third quarter ended Sept. 30, 2012. Net product revenues for the third quarter 2012 were $8.5 million, compared to $8.8 million in the third quarter 2011. During the third quarter 2011, total revenues of $10.4 million also included $1.6 million in contract revenue.

Executive Vice President, CFO, Treasurer and Secretary Ann D. Rhoads, Chief Development Officer Cynthia Y. Robinson and Director Cam L. Garner bought shares of ZGNX stock.

Vitesse Semiconductor Corp. (VTSS, Financial): CFO Martin S. McDermut Bought 17,140 Shares

CFO of Vitesse Semiconductor Corp. (VTSS) Martin S. McDermut bought 17,140 shares on 12/12/2012 at an average price of $1.75. Vitesse Semiconductor Corp. was incorporated in the state of Delaware in 1987. Vitesse Semiconductor Corp. has a market cap of $57.83 million; its shares were traded at around $2.18 with and P/S ratio of 0.4.

Vitesse Semiconductor Corporation reported its financial results for the fourth quarter and fiscal year 2012, ended Sept. 30, 2012. Total net revenues were $29.5 million, compared to $30.3 million in the third quarter of fiscal year 2012 and $30.3 million in the fourth quarter of fiscal year 2011. Net income was $1.2 million, or $0.05 per basic and per fully diluted share. This compares to net income of $4.7 million, or $0.18 per basic and $0.16 per fully diluted share, in the third quarter of fiscal year 2012; and net loss of $4.6 million, or $0.19 per basic share and fully diluted share, in the fourth quarter of fiscal year 2011.

CEO Christopher R. Gardner, CFO Martin S. McDermut and Paul K. McWilliams bought shares of VTSS stock.

Riverview Bancorp Inc. (RVSB, Financial): CFO Kevin J. Lycklama Bought 10,000 Shares

CFO of Riverview Bancorp Inc. (RVSB) Kevin J. Lycklama bought 10,000 shares on 12/18/2012 at an average price of $1.75. Riverview Bancorp Inc., a Washington corporation, is the savings and loan holding company of Riverview Community Bank. Riverview Bancorp Inc. has a market cap of $39.33 million; its shares were traded at around $1.67 with and P/S ratio of 0.8.

CFO Kevin J. Lycklama and Executive Vice President and Chief Lending Officer Richard S. Michalek bought shares of RVSB stock.

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