Weekly CFO Buys Highlight: LoJack Corp, Professional Diversity Network Inc, and Bank of Commerce Holdings Inc.

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Jun 01, 2015

According to GuruFocus Insider Data, the recent CFO buys were: LoJack Corp (LOJN, Financial), Professional Diversity Network Inc. (IPDN, Financial) and Bank of Commerce Holdings Inc. (BOCH, Financial).

LoJack Corp: SVP, CFO and Treasurer Kenneth L Dumas bought 10,000 shares

On 05/27/2015, SVP, CFO & Treasurer Kenneth L Dumas bought 10,000 shares at an average price of $3.35. The price of the stock has increased by 7.76%. LoJack Corp has a market cap of $68.394 million and its shares were traded at around $3.61. The company has a P/S ratio of 0.49.

LoJack Corp announced its 2015 first-quarter results with revenues of $28.76 million and gross profit of $13.96 million; the net income was $1.65 million. The 2014 total revenue was $133.57 million, a 5% decrease from the 2013 total revenue. The 2014 gross profit was $60.12 million, a 22% decrease from the 2013 gross profit. The 2014 net income was $17.92 million.

On 05/11/2015, President and CEO Randy L. Ortiz bought 10,000 shares at an average price of $5.53. The price of the stock has decreased by 34.72%. On 05/28/2015, Director John A. Janitz bought 10,000 shares at an average price of $3.22. The price of the stock has increased by 12.11%. On 05/13/2015, Director David Shea bought 30,000 shares at an average price of $3.47. The price of the stock has increased by 4.03%.

Professional Diversity Network Inc.: CFO David Mecklenburger bought 3,000 shares

On 05/26/2015, CFO David Mecklenburger bought 3,000 shares at an average price of $2.5. The price of the stock has decreased by 8.4%. Professional Diversity Network Inc. has a market cap of $33.430 million and its shares were traded at around $2.29. The company has a P/S ratio of 1.04.

Professional Diversity Network Inc. announced its 2015 first-quarter results with revenues of $10.7 million and gross profit of $8.99 million; the net income was $1.54 million. The 2014 total revenue was $11.64 million, a 189% increase from the 2013 total revenue. The 2014 gross profit was $9.49 million, a 229% increase from the 2013 gross profit. The 2014 net income was $3.66 million.

On 05/20/2015, CEO James R Kirsch bought 10,000 shares at an average price of $2.77. The price of the stock has decreased by 17.33%. On 05/22/2015, President Star Jones bought 1,500 shares at an average price of $2.84. The price of the stock has decreased by 19.37%. On 05/20/2015, Director Daniel Marovitz bought 300 shares at an average price of $2.74. The price of the stock has decreased by 16.42%.

Bank of Commerce Holdings Inc.: EVP and CFO James A. Sundquist bought 14,700 shares

During the past week, EVP and CFO James A. Sundquist bought 14,700 shares at an average price of $5.69. Bank of Commerce Holdings Inc. has a market cap of $74.554 million and its shares were traded at around $5.59. The company has a P/E ratio of 11.10 and P/S ratio of 1.99 with a dividend yield of 2.15%.

Bank of Commerce Holdings Inc. announced its 2015 first-quarter results with revenues of $10.38 million; the net income was $1.8 million. The 2014 total revenue was $41.01 million, a 0.5% increase from the 2013 total revenue. The 2014 net income was $5.73 million.

On 05/07/2015, Director Lyle L Tullis bought 5,000 shares at an average price of $5.8. The price of the stock has decreased by 3.62%. On 05/06/2015, Director Joseph Gibson bought 9,983 shares at an average price of $5.72. The price of the stock has decreased by 2.27%. On 02/10/2015, Director Jon Halfhide bought 7,000 shares at an average price of $5.8. The price of the stock has decreased by 3.62%.