Weekly CFO Buys Highlight: Arrhythmia Research Technology, Ultra Clean Holdings, Pixelworks, Hospira, Digital Ally, Vanguard Natural Res., Southern Community Financial Corp.

Weekly CFO Buy Highlights

Author's Avatar
Aug 17, 2009
According to GuruFocus Insider Data, these are the largest CFO buys during the past week.

Arrhythmia Research Technology Inc (HRT, Financial): CFO David A Garrison Bought 5,000 Shares

CFO of Arrhythmia Research Technology Inc (HRT) David A Garrison bought 5,000 shares on 08/12/2009 at an average price of $3.27. Arrhythmia Research Technology Inc. a Delaware corporation is engaged in the development of medical software which acquires data and analyzes electrical impulses of the heart to detect and aid in the treatment of potentially lethal arrhythmias. The Company's patented products consist of signal-averaging electrocardiographic (SAECG) software whose proprietary Windows based version is named the Predictor series. These systems and product lines have defined the industry and clinical standards for high resolution electrocardiography. The Company through its wholly owned subsidiary Micron Products Inc. manufactures silver plated and non-silver plated conductive resin sensors and distributes metal snaps used in the manufacture of disposable ECG EEG EMS and TENS. It operates primarily in the United States Canada Europe and the Pacific Rim and is based in Fitchburg Massachusetts. Arrhythmia Research Technology Inc has a market cap of $9.8 million; its shares were traded at around $3.65 with and P/S ratio of 0.4. Arrhythmia Research Technology Inc had an annual average earning growth of 25.2% over the past 10 years.

Arrhythmia Research Technology recently reported fiscal results for its first quarter 2009 ended March 31, 2009. Revenues in the first quarter of 2009 were $4.7 million, compared to $5.5 million in the same quarter 2008. Net income in the first quarter of 2009 was $8,200 ($0.03 per diluted share), compared to $149,000 ($0.06 per diluted share) in the same quarter of 2008.

Buy: CFOĂ‚ David A Garrison bought 5,000 shares of HRT stock on 08/12/2009 at the average price of $3.27; the price of the stock has increased by 11.62% since.

Ultra Clean Holdings Inc. (UCTT, Financial): Sr. Vice President, CFO Kevin C Eichler Bought 4,000 Shares

Sr. Vice President, CFO of Ultra Clean Holdings Inc. (UCTT) Kevin C Eichler bought 4,000 shares on 08/06/2009 at an average price of $3.65. ULTRA CLEAN HOLDINGS INC. is a developer and supplier of critical subsystems for the semiconductor capital equipment flat panel solar and medical device industries. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies improved design-to-delivery cycle times component neutral design and manufacturing and component testing capabilities. Ultra Clean's customers are primarily original equipment manufacturers for the semiconductor capital equipment flat panel solar and medical device industries. Ultra Clean is headquartered in Menlo Park California. Ultra Clean Holdings Inc. has a market cap of $70 million; its shares were traded at around $3.28 with and P/S ratio of 0.3.

UCTT is in the portfolios of Lee Ainslie of Maverick Capital.Ă‚

Ultra Clean Holdings Inc. recently reported fiscal results for its second quarter 2009 ended July 3, 2009. Revenues in the second quarter of 2009 were $23.3 million. Net loss in the second quarter of 2009 was $1.4 billion ($0.66 per diluted share), compared to $0.2 million ($0.01 per diluted share) in the same quarter of 2008.

Buy: 10% Owner Austin W & Greenhouse Da Marxe bought 702,820 shares of UCTT stock on 06/26/2009 at the average price of $2.27; the price of the stock has increased by 44.49% since. Buy: Director Kevin C Eichler bought 10,000 shares of UCTT stock on 05/19/2009 at the average price of $2.9; the price of the stock has increased by 13.1% since.

Pixelworks Inc. (PXLW, Financial): VP, CFO & Treasurer Steven L Moore Bought 2,500 Shares

VP, CFO & Treasurer of Pixelworks Inc. (PXLW) Steven L Moore bought 2,500 shares on 08/14/2009 at an average price of $2.15. Pixelworks Inc. design develop and market semiconductors and software that enable the visual display of broadband content through a wide variety of electronic devices. Broadband content includes video computer graphics and visual Web information delivered at high speeds via cable and telecommunications lines to the homes and offices. The semiconductors integrate a microprocessor memory and image processing circuits that function like a computer on a single chip or system-on-a-chip. Pixelworks Inc. has a market cap of $29.1 million; its shares were traded at around $2.17 with and P/S ratio of 0.3.

Pixelworks Inc. recently reported fiscal results for its second quarter 2009 ended June 30, 2009. Revenues in the second quarter of 2009 were $14.2 million, compared to $20.8 million in the same quarter 2008. Net loss in the second quarter of 2009 was $0.9 million ($0.07 per diluted share), compared to $0.01 million ($0.00 per diluted share) in the same quarter of 2008.

Buy: President and CEO Bruce A Walicek bought 20,000 shares of PXLW stock on 05/01/2009 at the average price of $0.75; the price of the stock has increased by 189.33% since. Buy: Director Mark Christensen bought 22,695 shares of PXLW stock on 08/03/2009 at the average price of $1.69; the price of the stock has increased by 28.4% since. Buy: Director James R Fiebiger bought 17,500 shares of PXLW stock on 07/30/2009 at the average price of $1.64; the price of the stock has increased by 32.32% since. Buy: Sr VP of Engineering Tzoyao Chan bought 20,359 shares of PXLW stock on 05/29/2009 at the average price of $1.66; the price of the stock has increased by 30.72% since. Buy: VP, Foundry Management Yue John Lau bought 10,000 shares of PXLW stock on 05/28/2009 at the average price of $1.41; the price of the stock has increased by 53.9% since. Buy: Sr VP of Engineering Tzoyao Chan bought 19,641 shares of PXLW stock on 05/28/2009 at the average price of $1.32; the price of the stock has increased by 64.39% since.

Hospira Inc. (HSP, Financial): SVP and CFO Thomas E Werner Bought 1,000 Shares

SVP and CFO of Hospira Inc. (HSP) Thomas E Werner bought 1,000 shares on 08/05/2009 at an average price of $38.9. Hospira Inc is a global specialty pharmaceutical and medication delivery company dedicated to Advancing Wellness by developing manufacturing and marketing products that help improve the safety and efficacy of patient care. Their portfolio includes one of the industry's broadest lines of generic acute-care injectables integrated solutions for medication management and infusion therapy and a full-service contract manufacturing business. Hospira Inc. has a market cap of $6.43 billion; its shares were traded at around $40.09 with a P/E ratio of 14.5 and P/S ratio of 1.7.

HSP is in the portfolios of Robert Olstein of Olstein Financial Alert Fund, John Rogers of ARIEL CAPITAL MANAGEMENT LLC, Robert Olstein of Olstein Financial Alert Fund, Robert Bruce of Bruce & Co., Inc., Edward Owens of Vanguard Health Care Fund, Edward Owens of Vanguard Health Care Fund. Buy: SVP, Global Marketing Ron Squarer bought 3,000 shares of HSP stock on 02/25/2009 at the average price of $24.8; the price of the stock has increased by 61.65% since. Buy: SVP, General Counsel and Sec. Brian J Smith bought 10 shares of HSP stock on 02/23/2009 at the average price of $25.39; the price of the stock has increased by 57.9% since.

Digital Ally Inc. (DGLY, Financial): CFO, Treasurer & Secretary Thomas J Heckman Bought 1,000 Shares

CFO, Treasurer & Secretary of Digital Ally Inc. (DGLY) Thomas J Heckman bought 1,000 shares on 08/05/2009 at an average price of $2.65. Digital Ally was created to supply technology based products to the law enforcement and security industry. While their main concentration is in the development and application of new concepts they also recognize the value of retrofitting existing installations with cost-effective digital sub-systems. This flexibility allows to compete in established markets as they simultaneously promote the industry's transition towards advanced technologies. Digital Ally Inc. has a market cap of $43.6 million; its shares were traded at around $2.77 with and P/S ratio of 1.5.

Buy: Director Daniel F Hutchins bought 2,000 shares of dgly stock on 03/17/2009 at the average price of $1.49; the price of the stock has increased by 85.91% since. Buy: Director Leroy C Richie bought 52,258 shares of dgly stock on 03/13/2009 at the average price of $1.89; the price of the stock has increased by 46.56% since. Buy: Vice President of Marketing Kenneth L Mccoy bought 5,000 shares of dgly stock on 03/13/2009 at the average price of $1.82; the price of the stock has increased by 52.2% since.

Vanguard Natural Res. (VNR, Financial): Executive VP and CFO Richard A Robert Bought 1,000 Shares

Executive VP and CFO of Vanguard Natural Res. (VNR) Richard A Robert bought 1,000 shares on 08/12/2009 at an average price of $14. Vanguard is an independent natural gas and oil company focused on the acquisition exploitation and development of natural gas and oil properties. Vanguard's assets consist primarily of producing and non-producing natural gas reserves located in the southern portion of the Appalachian Basin primarily in southeast Kentucky and northeast Tennessee. Vanguard Natural Res. has a market cap of $167.3 million; its shares were traded at around $13.78 with a P/E ratio of 7.6 and P/S ratio of 1.7. The dividend yield of Vanguard Natural Res. stocks is 14.5%.

Buy: President and CEO Scott W Smith bought 1,500 shares of VNR stock on 08/12/2009 at the average price of $14.12; the price of the stock has decreased by 2.41% since. Buy: Director Loren Singletary bought 2,000 shares of VNR stock on 08/12/2009 at the average price of $13.98; the price of the stock has decreased by 1.43% since. Sell: Related Party Affiliate Capital Partners, Llc Nami sold 120,000 shares of VNR stock on 07/22/2009 at the average price of $14, 120,000 shares of VNR stock on 07/22/2009 at the average price of $14, and 120,000 shares of VNR stock on 07/22/2009 at the average price of $14; the price of the stock has decreased by 1.57% since. Sell: Director Bruce W. Mccullough sold 5,000 shares of VNR stock on 03/12/2009 at the average price of $8.5; the price of the stock has increased by 62.12% since.

Southern Community Financial Corp. (SCMF, Financial): CFO James Hastings Bought 500 Shares

CFO of Southern Community Financial Corp. (SCMF) James Hastings bought 500 shares on 08/11/2009 at an average price of $3. Southern Community Financial Corporation is the holding company of Southern Community Bank and Trust. Southern Community Financial Corp. has a market cap of $53.2 million; its shares were traded at around $3.1699 with and P/S ratio of 0.5. Southern Community Financial Corp. had an annual average earning growth of 1.2% over the past 5 years.

Southern Community Financial Corp. recently reported fiscal results for its second quarter 2009 ended June 30, 2009. Net income in the second quarter of 2009 was $ 2.7 million ($0.20 per diluted share), compared to $0.6 million ($0.03 per diluted share) in the same quarter of 2008.

Buy: CEO F Scott Bauer bought 500 shares of SCMF stock on 07/29/2009 at the average price of $2.98 and 500 shares of SCMF stock on 08/11/2009 at the average price of $3.09; the price of the stock has increased by 2.59% since. Buy: CFO James Hastings bought 500 shares of SCMF stock on 08/11/2009 at the average price of $3; the price of the stock has increased by 5.66% since. Buy: Director W. Samuel Smoak bought 4,000 shares of SCMF stock on 07/30/2009 at the average price of $2.73; the price of the stock has increased by 16.11% since. Buy: Director James G Chrysson bought 7,000 shares of SCMF stock on 07/28/2009 at the average price of $2.75; the price of the stock has increased by 15.27% since. Buy: Director Edward T Brown bought 601 shares of SCMF stock on 03/02/2009 at the average price of $2.46; the price of the stock has increased by 28.86% since.

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