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Weekly CFO Buys Highlight

October 07, 2013 | About:
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:

Hudson Global Inc. (HSON): Executive VP and CFO Stephen A. Nolan Bought 4,559 Shares

Executive VP and CFO of Hudson Global Inc. (HSON) Stephen A. Nolan bought 4,559 shares on 10/03/2013 at an average price of $3.41. Hudson Global Inc. has a market cap of $114.916 million; its shares were traded at around $3.46 with and P/S ratio of 0.16.

On July 31, 2013, Hudson Global Inc. announced financial results for the second quarter ended June 30, 2013. Revenue of $171.4 million, down 16.3 percent from the second quarter of 2012, or 15.5 percent in constant currency. Sequentially, revenue was up 3.4 percent or 5.4 percent in constant currency.

Executive VP and CFO Stephen A. Nolan bought 2,283 shares of HSON stock on 08/29/2013 at the average price of $2.66. Stephen A. Nolan owns at least 104,953 shares after this. The price of the stock has increased by 30.08% since.

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

About the author:

Miguel Barbosa is founder of the multidiscplinary blog SimoleonSense examines value investing through a lens of behavioral finance, complex systems, psychology, philosophy, and neuroeconomics. Miguel's heros are his parents, Charlie Munger, Charlie Rose, Warren Buffett. Miguel Barbosa holds a Masters of Science in Management and a Masters of Arts in International Business. Miguel received his Bachelors of Liberal Arts and Sciences (with a concentration in Cognitive Psychology) from the University of Florida. Currently, he is working on obtaining his CFA designation (passed the first level in 2009)

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