Sparton Corporation (SPA): CFO Mark Schlei Bought 5,300 Shares
CFO of Sparton Corporation (SPA) Mark Schlei bought 5,300 shares on 02/07/2013 at an average price of $14.5.
Sparton Corporation was reorganized in 1919 as an Ohio corporation. Sparton Corporation has a market cap of $151.186 million; its shares were traded at around $14.76 with a P/E ratio of 13.1579 and P/S ratio of 0.6486.
On Feb. 5, 2013 Sparton Corporation announced results for the second quarter of fiscal 2013 endedDec. 31, 2012. The company reported second quarter sales of $66.0 million, or an increase of 19.2%, from$55.4 million for the second quarter of fiscal 2012. Reported net income for the second quarter of fiscal 2013 was$4.4 million or$0.43 per share, compared to net income of$1.9 million, or$0.19 per share, in the same quarter a year ago.
Senior Vice President and Business Development Michael W. Osborne sold 3,421 shares of SPA stock on 08/31/2012 at the average price of $10. Michael W. Osborne owns at least 40,073 shares after this. The price of the stock has increased by 47.6% since.
Rand Logistics Inc. (RLOG): CFO Joseph W. McHugh Jr. Bought 5,000 Shares
CFO of Rand Logistics Inc. (RLOG) Joseph W. McHugh Jr. bought 5,000 shares on 02/15/2013 at an average price of $5.85.
Rand Logistics Inc. formerly Rand Acquisition Corporation was incorporated in the State of Delaware on June 2, 2004. Rand Logistics Inc. has a market cap of $104.251 million; its shares were traded at around $5.85 with a P/E ratio of 74.7 and P/S ratio of 0.6612.
On Feb. 7, 2013, Rand Logistics Inc. announced financial and operational results for its fiscal year 2013 third quarter ended Dec.31, 2012. Total revenue increased by $0.2 million, or 0.4%, to $49.5 million from $49.3. This increase was primarily attributable to a stronger Canadian dollar and higher freight revenue, offset by reduced fuel surcharges.
10% Owner David M. Knott sold 15,001 shares of RLOG stock on 02/01/2013 at the average price of $6.79. David M. Knott owns at least 1,847,524 shares after this. The price of the stock has decreased by 13.84% since.
Meadowbrook Insurance Group Inc. (MIG): Senior Vice President and CFO Karen M. Spaun Bought 2,000 Shares
Senior Vice President and CFO of Meadowbrook Insurance Group Inc. (MIG) Karen M. Spaun bought 2,000 shares on 02/14/2013 at an average price of $6.47.
Meadowbrook Insurance Group Inc is a holding company organized as a Michigan corporation in 1985. Meadowbrook Insurance Group Inc. has a market cap of $325.535 million; its shares were traded at around $6.51 with and P/S ratio of 0.3583. The dividend yield of Meadowbrook Insurance Group Inc. stocks is 2.6%. Meadowbrook Insurance Group Inc. had an annual average earnings growth of 11% over the past 10 years.
On Feb. 12, 2013 Meadowbrook Insurance Group Inc. reported fourth quarter 2012 net income of $38.0 million, or $0.76 per diluted share, as compared to $9.0 million, or $0.18 per diluted share, for the fourth quarter of 2011. Net operating income, a non-GAAP measure the company defines as net income excluding after-tax realized gains and losses, was $47,000, or $0.00 per diluted share, compared to net operating income of $8.5 million, or $0.17 per diluted share, in the prior year fourth quarter. The fourth quarter 2012 results include $38.0 million, or $0.76 per diluted share, of after-tax realized gains, compared to $0.4 million, or less than $0.01 per diluted share, during the same period in 2011.
Director Robert H. Naftaly bought 5,000 shares of MIG stock on 08/28/2012 at the average price of $7.41. Robert H. Naftaly owns at least 63,000 shares after this. The price of the stock has decreased by 12.15% since.
For the complete list of stocks that were bought by their CFOs, go to: Insider Buys.