Weekly CFO Buys Highlight

CNDO, BKSC

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:



Coronado Biosciences (CNDO, Financial): CFO Lucy Lu Bought 4,545 Shares CFO of Coronado Biosciences Inc (CNDO) Lucy Lu bought 4,545 shares on July 17 at an average price of $7.90.

Coronado Biosciences is a biopharmaceutical company, engaged in the development of novel immunotherapy agents for cancer and inflammatory diseases. Coronado Biosciences Inc has a market cap of $222.142 million.

May 8, 2013 – Coronado Biosciences, Inc. (NASDAQ: CNDO announced its financial results for the first quarter ended March 31, 2013. Coronado reported a net loss of $8.9 million, or $0.35 per share, for the first quarter of 2013 compared to a net loss of $6.6 million, or $0.35 per share, for the first quarter of 2012.

SVP & Chief Accounting Officer Dale Ritter bought 1,503 shares of CNDO stock on May 31 at the average price of 3.88. Dale Ritter owns at least 11,503 shares after this.

Bank of South Carolina Corporation (BKSC, Financial): EVP/CFO/Treasurer Sheryl G Sharry Bought 2,500 Shares

EVP/CFO/Treasurer of Bank of South Carolina Corporation (BKSC) Sheryl G Sharry bought 2,500 shares on July 16 at an average price of $13.25.

Bank of South Carolina Corporation is a bank holding Company for The Bank of South Carolina in Charleston, South Carolina. Bank Of South Carolina Corporation has a market cap of $60.0602 million; its shares were traded at around $13.50 with a P/E ratio of 15.80 and P/S ratio of 4.17. The dividend yield of Bank Of South Carolina Corporation stocks is 3.50%. Bank Of South Carolina Corporation had an annual average earnings growth of 2.2% over the past 10 years.

On July 11, 2013 The Bank of South Carolina Corporation, announced earnings of $1,044,074 or $.23 per share, for the quarter ended June 30– an increase of 17.28% from earnings for the quarter ended June 30, 2012 of $890,267 or $.20 per share. Returns on average assets and average equity for the six months ended June 30 were 1.26% and 11.85%, respectively, compared with 2012 returns on average assets and average equity of 1.12% and 10.87%, respectively. Earnings for the six months ended June 30, 2013increased $261,886 or 14.70% to $2,042,879 compared to $1,780,993 for the six months ended June 30, 2012.

Director David R Schools bought 3,905 shares of BKSC stock on May 6 at the average price of $13. David R Schools owns at least 16,261 shares after this. The price of the stock has increased by 3.85% since.

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