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Weekly CFO Buy Highlights: Invesco Mortage Capital Inc., Methode Electronics Inc., Martin Midstream Partners L.P., Chesapeake Utilities Corp., Tyler Technologies Inc.

July 11, 2009 | About:
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According to GuruFocus Insider Data, the largest CFO buys during the past week were Invesco Mortage Capital Inc., Methode Electronics Inc., Martin Midstream Partners L.P. Ltd. Part, Chesapeake Utilities Corp., and Tyler Technologies Inc.

Invesco Mortage Capital Inc. (IVR): CFO Donald R Ramon Bought 4,000 Shares

CFO of Invesco Mortage Capital Inc. (IVR) Donald R Ramon bought 4,000 shares on 07/01/2009 at an average price of $20. .

Buy: CEO & President  Richard J. King bought 15,000 shares of IVR stock on 07/01/2009 at the average price of $20; the price of the stock has decreased by 1.75% since. Buy: Director  Karen Dunn Kelley bought 5,000 shares of IVR stock on 07/01/2009 at the average price of $20; the price of the stock has decreased by 1.75% since. Buy: CIO  John Anzalone bought 2,000 shares of IVR stock on 07/01/2009 at the average price of $20; the price of the stock has decreased by 1.75% since. Buy: Director  Neil Williams bought 5,000 shares of IVR stock on 07/01/2009 at the average price of $20; the price of the stock has decreased by 1.75% since. Buy: Director  John Day bought 2,500 shares of IVR stock on 07/01/2009 at the average price of $20; the price of the stock has decreased by 1.75% since. Buy: Director  Gregory Mark Armour bought 5,000 shares of IVR stock on 07/01/2009 at the average price of $20; the price of the stock has decreased by 1.75% since.

Methode Electronics Inc. (MEI): CFO Douglas A Koman Bought 4,980 Shares

CFO of Methode Electronics Inc. (MEI) Douglas A Koman bought 4,980 shares during the past week at an average price of $5.5. Methode Electronics Inc. manufactures component devices world-wide for Original Equipment Manufacturers of information processing and networking equipment voice and data communications systems consumer electronics automobiles aerospace vehicles and industrial equipment. Products employ electrical electronic and optical technologies as sensors interconnections and controls. The company manufactures bus systems and provides independent laboratory services for qualification testing and certification of electronic and optical components. Methode Electronics Inc. has a market cap of $249.4 million; its shares were traded at around $6.29 with a P/E ratio of 9.2 and P/S ratio of 0.4. The dividend yield of Methode Electronics Inc. stocks is 4.2%.

Methode Electronics Inc. recently reported fiscal results for its fourth quarter 2009 ended May 2, 2009. The company announced its total revenue of $89.0 million and net loss of $92.6 million ($2.50 per diluted share). This is compared to the same quarter last year which included total 154.4 million of $ and a net income of $12.9 million ($0.34 per diluted share).

Buy: Controller & Treasurer  Ronald L.g. Tsoumas bought 1,181 shares of MEI stock on 07/09/2009 at the average price of $5.52 and 1,181 shares of MEI stock on 07/09/2009 at the average price of $5.52; the price of the stock has increased by 13.95% since.

Martin Midstream Partners L.P. Ltd. Part (MMLP): Executive VP and CFO Robert D Bondurant Bought 182 Shares

Executive VP and CFO of Martin Midstream Partners L.P. Ltd. Part (MMLP) Robert D Bondurant bought 182 shares on 07/06/2009 at an average price of $20.64. Martin Midstream is a limited partnership which stores and transports hydrocarbon products and specialty chemicals primarily in the Gulf Coast. It runs a marine transportation business mostly barges and tugs and operates storage tanks. Martin Midstream Partners L.P. Ltd. Part has a market cap of $289.1 million; its shares were traded at around $21.6 with a P/E ratio of 8.8 and P/S ratio of 0.2. The dividend yield of Martin Midstream Partners L.P. Ltd. Part stocks is 14.2%.

Martin Midstream Partners L.P. Ltd Part recently reported fiscal results for its first quarter 2009 ended March 31, 2009. The company announced its total revenue of $156.9 million and net income of $4.9 million ($0.28 per diluted share). This is compared to the same quarter last year which included total revenue of $313.0 million and a net income of $8.0 million ($0.51 per diluted share).

Buy: President and CEO, 10% Owner  Ruben S Martin bought 2,925 shares of MMLP stock on 03/12/2009 at the average price of $15.3, 446 shares of MMLP stock on 04/01/2009 at the average price of $18.77, and 473 shares of MMLP stock on 07/06/2009 at the average price of $20.64; the price of the stock has increased by 4.65% since. Buy: Executive V.P. and C.O.O.  Donald R Neumeyer bought 358 shares of MMLP stock on 07/06/2009 at the average price of $20.64; the price of the stock has increased by 4.65% since. Buy: Executive VP, 10% Owner  Scott Donnelly Martin bought 124 shares of MMLP stock on 07/06/2009 at the average price of $20.64; the price of the stock has increased by 4.65% since. Buy: EVP, CAO and Controller  Wesley M Skelton bought 132 shares of MMLP stock on 07/06/2009 at the average price of $20.64; the price of the stock has increased by 4.65% since. Buy: VP/General Counsel/Secretary  Chris H Booth bought 52 shares of MMLP stock on 07/06/2009 at the average price of $20.64; the price of the stock has increased by 4.65% since. Buy: Executive V.P.  Randall Tauscher bought 207 shares of MMLP stock on 07/06/2009 at the average price of $20.64; the price of the stock has increased by 4.65% since.

Chesapeake Utilities Corp. (CPK): Senior Vice President and CFO Beth W Cooper Bought 132 Shares

Senior Vice President and CFO of Chesapeake Utilities Corp. (CPK) Beth W Cooper bought 132 shares on 07/06/2009 at an average price of $32.73. Chesapeake Utilities Corporation is a utility company engaged in natural gas distribution and transmission propane distribution and marketing advanced information services and other related businesses.Chesapeake's three natural gas distribution divisions serve residential commercial and industrial customers in southern Delaware Maryland's Eastern Shore and Florida. The Company's natural gas transmission subsidiary operates an interstate pipeline system that transports gas from various points in Pennsylvania to Delaware and Maryland distribution divisions. Chesapeake Utilities Corp. has a market cap of $228.7 million; its shares were traded at around $32.21 with a P/E ratio of 15.8 and P/S ratio of 0.8. The dividend yield of Chesapeake Utilities Corp. stocks is 3.8%. Chesapeake Utilities Corp. had an annual average earning growth of 3.8% over the past 10 years.

Buy: Senior Vice President  Stephen C Thompson bought 54 shares of CPK stock on 05/05/2009 at the average price of $29.6, 49 shares of CPK stock on 06/05/2009 at the average price of $32.46, and 303 shares of CPK stock on 07/06/2009 at the average price of $32.73; the price of the stock has decreased by 1.59% since. Buy: Sharp Energy, Inc. (sub)  Stanley Robert Zola bought 31 shares of CPK stock on 05/05/2009 at the average price of $29.51; the price of the stock has increased by 9.15% since. Buy: Sharp Energy, Inc. (sub)  Stanley Robert Zola bought 182 shares of CPK stock on 04/06/2009 at the average price of $29.76; the price of the stock has increased by 8.23% since.

Tyler Technologies Inc. (TYL): Executive V.P. and CFO Brian K Miller Bought 105 Shares

Executive V.P. and CFO of Tyler Technologies Inc. (TYL) Brian K Miller bought 105 shares on 07/01/2009 at an average price of $13.28. Tyler Corporation is a major provider of technology software data warehousing electronic document management systems information management outsourcing services title plant and property records database information and other professional services for local governments andother enterprises. The company intends to pursue a consolidation strategy that if successful could lead to significant revenue growth for the company. Tyler Technologies Inc. has a market cap of $551.3 million; its shares were traded at around $15.56 with a P/E ratio of 22.6 and P/S ratio of 2.1. Tyler Technologies Inc. had an annual average earning growth of 25.2% over the past 10 years.

Sell: President and CEO  John S. Jr. Marr sold 50,000 shares of TYL stock on 05/05/2009 at the average price of $16.79 and 50,000 shares of TYL stock on 06/03/2009 at the average price of $16.93; the price of the stock has decreased by 8.09% since. Buy: Executive Vice President  Dustin R Womble bought 495 more shares of TYL stock on 04/01/2009 at the average price of $12.44 and 560 shares of TYL stock on 07/01/2009 at the average price of $13.28; the price of the stock has increased by 17.17% since. Sell: E.V.P. and General Counsel  H Lynn Jr Moore sold 15,800 more shares of TYL stock on 04/30/2009 at the average price of $16.89 and 4,200 shares of TYL stock on 05/04/2009 at the average price of $16.75; the price of the stock has decreased by 7.1% since. Sell: Chairman of the Board  John M Yeaman sold 25,000 shares of TYL stock on 03/10/2009 at the average price of $12.47; the price of the stock has increased by 24.78% since.

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


Rating: 3.3/5 (8 votes)

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