According to GuruFocus Insider Data, these are the largest CFO buys during the past week.
Pacific Office Properties Trust Inc. (PCE, Financial): CFO Lawrence J. Taff Bought 88,247 Shares
CFO of Pacific Office Properties Trust Inc. (PCE) Lawrence J. Taff bought 88,247 shares on 09/25/2009 at an average price of $3.82. Pacific Office Properties Trust Inc. is a real estate investment trust that acquires owns and operates office properties in the Western U.S. focusing initially on the long-term growth sub-markets of Honolulu San Diego Los Angeles and Phoenix. The Company is externally managed by Pacific Office Management Inc. an affiliate of The Shidler Group and an entity owned by the Company's founders. The Company's strategy is to acquire primarily in partnership with institutional co-investors value-added office buildings whose potential can be maximized through improvements repositioning and superior leasing and management. It continues in the tradition of The Shidler Group's highly successful institutional joint-venture operations which focus on acquiring opportunistic and value-added commercial real estate in partnership with institutional co-investors. has a market cap of $12 million; its shares were traded at around $4.04 with and P/S ratio of 52. The dividend yield of stocks is 5%.
Buy: Executive Vice President James Robert Ingebritsen bought 88,247 shares of PCE stock on 09/25/2009 at the average price of $3.82; the price of the stock has increased by 5.76% since. Buy: Chief Investment Officer Matthew John Root bought 88,247 shares of PCE stock on 09/25/2009 at the average price of $3.82; the price of the stock has increased by 5.76% since. Buy: Director, 10% Owner Jay H Shidler bought 323,850 shares of PCE stock on 09/25/2009 at the average price of $3.82; the price of the stock has increased by 5.76% since.
CARDICA, INC. (CRDC, Financial): V.P. Finance, CFO, Secretary Robert Y Iv Newell Bought 11,976 Shares
V.P. Finance, CFO, Secretary of CARDICA, INC. (CRDC) Robert Y Iv Newell bought 11,976 shares on 09/30/2009 at an average price of $1.25. Cardica Inc. designs and manufactures proprietary automated anastomotic systems used by surgeons to perform coronary artery bypass graft surgery. In these surgery procedures veins or arteries are used to construct alternative conduits to restore blood flow beyond narrowed or occluded portions of coronary arteries bypassing the narrowed or occluded portion of the artery that is impairing blood flow to the heart muscle. Our first two products the C-Port Distal Anastomosis System and the PAS-Port Proximal Anastomosis System provide cardiovascular surgeons with easy-to-use automated systems to perform consistent rapid and reliable connections or anastomoses of the vessels which surgeons generally view as the most critical aspect of the bypass procedure. Cardica, Inc. has a market cap of $23.7 million; its shares were traded at around $1.4 with and P/S ratio of 2.4.
Cardica Inc. recently reported fiscal results for the fourth quarter 2009. T otal product revenue was $1.2 million for the fiscal 2009 fourth quarter compared to $1.6 million for the fiscal 2008 fourth quarter. Product revenue decreased as a result of Cardica's smaller direct sales force during this transition period as Cardica adds independent distributors and manufacturer's representatives to more cost-effectively market its products throughout the United States. Total net revenue was $2.0 million for the fiscal 2009 fourth quarter compared to $2.8 million for the same period of 2008. Cost of product revenue was $1.2 million for the fiscal 2009 fourth quarter compared to $1.4 million in the fiscal 2008 fourth quarter. The cost of product revenue in the 2009 period included an inventory write-off of approximately $250,000 for excess raw materials.
Buy: Pres.,CEO,Chief Med. Officer Bernard A Hausen bought 19,960 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since. Buy: V.P. Finance, CFO, Secretary Robert Y Iv Newell bought 11,976 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since. Buy: Director, 10% Owner William H Jr Younger bought 399,201 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since. Buy: Director John Simon bought 399,202 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since. Buy: VP Operations & Manufacturing Frederick M Bauer bought 7,984 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since. Buy: V.P. Research & Development Bryan D Knodel bought 179,641 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since.
First Financial Holdings Inc. (FFCH, Financial): Executive Vice President/CFO R Wayne Hall Bought 6,450 Shares
Executive Vice President/CFO of First Financial Holdings Inc. (FFCH) R Wayne Hall bought 6,450 shares on 09/24/2009 at an average price of $15.5. FIRST FINANCIAL HOLDINGS INC. acts as a financial intermediary by attracting deposits from the general public and using such funds together with borrowings and other funds to originate first mortgage loans on residential properties located in its primary market areas. First Financial Holdings Inc. has a market cap of $188.7 million; its shares were traded at around $16.06 with a P/E ratio of 27.2 and P/S ratio of 0.8. The dividend yield of First Financial Holdings Inc. stocks is 1.2%. First Financial Holdings Inc. had an annual average earning growth of 4.4% over the past 10 years.
First Financial Holdings Inc. recently reported financial results for the third quarter 2009. Net income for the quarter ended June 30, 2009 was $34.0 million compared to $3.1 million for the quarter ended March 31, 2009 and $5.9 million for the comparative quarter ended June 30, 2008. Basic and diluted earnings per common share available to common shareholders were $2.83 for the quarter ended June 30, 2009, compared to basic and diluted earnings per common share of $0.51 for the quarter ended June 30, 2008. Net income and diluted earnings per share for the nine months ended June 30, 2009 totaled $30.6 million, or $2.43 per diluted share, compared to $16.3 million, or $1.40 per diluted share, for the nine months ended June 30, 2008.
FFCH is in the portfolios of Private Capital of Private Capital Management.Ă‚
Buy: Senior Vice President Anthony J Iv Johnston bought 15,538 shares of FFCH stock on 06/03/2009 at the average price of $9.27; the price of the stock has increased by 73.25% since. Buy: President, Subsidiary James L Rowe bought 5,420 shares of FFCH stock on 06/02/2009 at the average price of $9.18; the price of the stock has increased by 74.95% since. Buy: Senior Vice President R Bruce Jr Copeland bought 1,496 more shares of FFCH stock on 05/11/2009 at the average price of $10.35 and 2,307 shares of FFCH stock on 05/22/2009 at the average price of $9.07; the price of the stock has increased by 77.07% since. Sell: Senior Vice President Robert C Bailey sold 2,000 shares of FFCH stock on 09/09/2009 at the average price of $17.7; the price of the stock has decreased by 9.27% since.
Metro Bancorp Inc (METR, Financial): CFO Mark A Zody Bought 1,500 Shares
CFO of Metro Bancorp Inc (METR) Mark A Zody bought 1,500 shares on 09/25/2009 at an average price of $12. Metro Bancorp parent company of Metro Bank (formerly Commerce Bank/Harrisburg) is a regional financial services retailer based in Harrisburg Pennsylvania. The Bank provides a range of retail and commercial banking services for consumers and small- and mid-sized companies. The Bank's services include seven-day banking free checking free instant-issue Visa debit card free coin-counting machines free online banking and 24/7 live customer service. The bank also offers commercial banking services including term loans commercial mortgages lines of credit and cash management services. Its lending and investment activities are funded principally by retail deposits gathered through its retail store office network. Metro Bancorp Inc has a market cap of $86.6 million; its shares were traded at around $11.97 with a P/E ratio of 10.3 and P/S ratio of 0.8.
Buy: Chairman of the Board Gary L Nalbandian bought 14,385 shares of METR stock on 09/25/2009 at the average price of $12; the price of the stock has decreased by 0.25% since. Buy: Director Samir J Srouji bought 3,980 shares of METR stock on 09/25/2009 at the average price of $12; the price of the stock has decreased by 0.25% since. Buy: Director Michael A Serluco bought 8,333 shares of METR stock on 09/25/2009 at the average price of $12; the price of the stock has decreased by 0.25% since. Buy: Secretary to the Board Peter J Ressler bought 2,000 shares of METR stock on 09/25/2009 at the average price of $12; the price of the stock has decreased by 0.25% since. Buy: EVP/Sr. Loan Officer Peter M Jr Musumeci bought 7,143 shares of METR stock on 09/25/2009 at the average price of $12; the price of the stock has decreased by 0.25% since.
Chico's FAS Inc. (CHS, Financial): EVP- CFO Kent A Kleeberger Bought 900 Shares
EVP- CFO of Chico's FAS Inc. (CHS) Kent A Kleeberger bought 900 shares on 09/25/2009 at an average price of $12.55. CHICO'S FAS INC. is a specialty retailer of exclusively designed private label casual clothing and related accessories. Each store offers collections of color coordinated tops pants shorts skirts jumpsuits dresses vests jackets outerwear socks and accessories including leather and fabric belts scarves earrings necklaces and bracelets. Chico's Fas Inc. has a market cap of $2.17 billion; its shares were traded at around $12.06 with a P/E ratio of 152.8 and P/S ratio of 1.4. Chico's Fas Inc. had an annual average earning growth of 38.5% over the past 10 years. GuruFocus rated Chico's Fas Inc. the business predictability rank of 2.5-star.
Chico’s FAS Inc. recently reported fiscal results for the second quarter 2009. For the second quarter ended August 1, 2009, the Company had net income of $14.9 million or $0.08 per diluted share, compared to net income of $6.7 million, or $0.04 per diluted share for the second quarter ended August 2, 2008. Net sales for the thirteen-week period ended August 1, 2009 increased from $405.2 million to $419.9 million.
CHS is in the portfolios of Richard Snow of Snow Capital Management, L.P., Lee Ainslie of Maverick Capital, Arnold Schneider of Schneider Capital Management, PRIMECAP Management.Ă‚
Buy: Director John W Burden bought 2,500 more shares of CHS stock on 06/15/2009 at the average price of $9.81, 7,500 more shares of CHS stock on 06/16/2009 at the average price of $9.25, and 10,000 shares of CHS stock on 09/08/2009 at the average price of $12.61; the price of the stock has decreased by 4.36% since. Sell: EVP- Human Resources Manuel O Jessup sold 6,666 shares of CHS stock on 09/18/2009 at the average price of $13.38; the price of the stock has decreased by 9.87% since.
For the complete list of stocks that bought by their CFOs, go to: Insider Buys.
Pacific Office Properties Trust Inc. (PCE, Financial): CFO Lawrence J. Taff Bought 88,247 Shares
CFO of Pacific Office Properties Trust Inc. (PCE) Lawrence J. Taff bought 88,247 shares on 09/25/2009 at an average price of $3.82. Pacific Office Properties Trust Inc. is a real estate investment trust that acquires owns and operates office properties in the Western U.S. focusing initially on the long-term growth sub-markets of Honolulu San Diego Los Angeles and Phoenix. The Company is externally managed by Pacific Office Management Inc. an affiliate of The Shidler Group and an entity owned by the Company's founders. The Company's strategy is to acquire primarily in partnership with institutional co-investors value-added office buildings whose potential can be maximized through improvements repositioning and superior leasing and management. It continues in the tradition of The Shidler Group's highly successful institutional joint-venture operations which focus on acquiring opportunistic and value-added commercial real estate in partnership with institutional co-investors. has a market cap of $12 million; its shares were traded at around $4.04 with and P/S ratio of 52. The dividend yield of stocks is 5%.
Buy: Executive Vice President James Robert Ingebritsen bought 88,247 shares of PCE stock on 09/25/2009 at the average price of $3.82; the price of the stock has increased by 5.76% since. Buy: Chief Investment Officer Matthew John Root bought 88,247 shares of PCE stock on 09/25/2009 at the average price of $3.82; the price of the stock has increased by 5.76% since. Buy: Director, 10% Owner Jay H Shidler bought 323,850 shares of PCE stock on 09/25/2009 at the average price of $3.82; the price of the stock has increased by 5.76% since.
CARDICA, INC. (CRDC, Financial): V.P. Finance, CFO, Secretary Robert Y Iv Newell Bought 11,976 Shares
V.P. Finance, CFO, Secretary of CARDICA, INC. (CRDC) Robert Y Iv Newell bought 11,976 shares on 09/30/2009 at an average price of $1.25. Cardica Inc. designs and manufactures proprietary automated anastomotic systems used by surgeons to perform coronary artery bypass graft surgery. In these surgery procedures veins or arteries are used to construct alternative conduits to restore blood flow beyond narrowed or occluded portions of coronary arteries bypassing the narrowed or occluded portion of the artery that is impairing blood flow to the heart muscle. Our first two products the C-Port Distal Anastomosis System and the PAS-Port Proximal Anastomosis System provide cardiovascular surgeons with easy-to-use automated systems to perform consistent rapid and reliable connections or anastomoses of the vessels which surgeons generally view as the most critical aspect of the bypass procedure. Cardica, Inc. has a market cap of $23.7 million; its shares were traded at around $1.4 with and P/S ratio of 2.4.
Cardica Inc. recently reported fiscal results for the fourth quarter 2009. T otal product revenue was $1.2 million for the fiscal 2009 fourth quarter compared to $1.6 million for the fiscal 2008 fourth quarter. Product revenue decreased as a result of Cardica's smaller direct sales force during this transition period as Cardica adds independent distributors and manufacturer's representatives to more cost-effectively market its products throughout the United States. Total net revenue was $2.0 million for the fiscal 2009 fourth quarter compared to $2.8 million for the same period of 2008. Cost of product revenue was $1.2 million for the fiscal 2009 fourth quarter compared to $1.4 million in the fiscal 2008 fourth quarter. The cost of product revenue in the 2009 period included an inventory write-off of approximately $250,000 for excess raw materials.
Buy: Pres.,CEO,Chief Med. Officer Bernard A Hausen bought 19,960 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since. Buy: V.P. Finance, CFO, Secretary Robert Y Iv Newell bought 11,976 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since. Buy: Director, 10% Owner William H Jr Younger bought 399,201 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since. Buy: Director John Simon bought 399,202 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since. Buy: VP Operations & Manufacturing Frederick M Bauer bought 7,984 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since. Buy: V.P. Research & Development Bryan D Knodel bought 179,641 shares of CRDC stock on 09/30/2009 at the average price of $1.25; the price of the stock has increased by 12% since.
First Financial Holdings Inc. (FFCH, Financial): Executive Vice President/CFO R Wayne Hall Bought 6,450 Shares
Executive Vice President/CFO of First Financial Holdings Inc. (FFCH) R Wayne Hall bought 6,450 shares on 09/24/2009 at an average price of $15.5. FIRST FINANCIAL HOLDINGS INC. acts as a financial intermediary by attracting deposits from the general public and using such funds together with borrowings and other funds to originate first mortgage loans on residential properties located in its primary market areas. First Financial Holdings Inc. has a market cap of $188.7 million; its shares were traded at around $16.06 with a P/E ratio of 27.2 and P/S ratio of 0.8. The dividend yield of First Financial Holdings Inc. stocks is 1.2%. First Financial Holdings Inc. had an annual average earning growth of 4.4% over the past 10 years.
First Financial Holdings Inc. recently reported financial results for the third quarter 2009. Net income for the quarter ended June 30, 2009 was $34.0 million compared to $3.1 million for the quarter ended March 31, 2009 and $5.9 million for the comparative quarter ended June 30, 2008. Basic and diluted earnings per common share available to common shareholders were $2.83 for the quarter ended June 30, 2009, compared to basic and diluted earnings per common share of $0.51 for the quarter ended June 30, 2008. Net income and diluted earnings per share for the nine months ended June 30, 2009 totaled $30.6 million, or $2.43 per diluted share, compared to $16.3 million, or $1.40 per diluted share, for the nine months ended June 30, 2008.
FFCH is in the portfolios of Private Capital of Private Capital Management.Ă‚
Buy: Senior Vice President Anthony J Iv Johnston bought 15,538 shares of FFCH stock on 06/03/2009 at the average price of $9.27; the price of the stock has increased by 73.25% since. Buy: President, Subsidiary James L Rowe bought 5,420 shares of FFCH stock on 06/02/2009 at the average price of $9.18; the price of the stock has increased by 74.95% since. Buy: Senior Vice President R Bruce Jr Copeland bought 1,496 more shares of FFCH stock on 05/11/2009 at the average price of $10.35 and 2,307 shares of FFCH stock on 05/22/2009 at the average price of $9.07; the price of the stock has increased by 77.07% since. Sell: Senior Vice President Robert C Bailey sold 2,000 shares of FFCH stock on 09/09/2009 at the average price of $17.7; the price of the stock has decreased by 9.27% since.
Metro Bancorp Inc (METR, Financial): CFO Mark A Zody Bought 1,500 Shares
CFO of Metro Bancorp Inc (METR) Mark A Zody bought 1,500 shares on 09/25/2009 at an average price of $12. Metro Bancorp parent company of Metro Bank (formerly Commerce Bank/Harrisburg) is a regional financial services retailer based in Harrisburg Pennsylvania. The Bank provides a range of retail and commercial banking services for consumers and small- and mid-sized companies. The Bank's services include seven-day banking free checking free instant-issue Visa debit card free coin-counting machines free online banking and 24/7 live customer service. The bank also offers commercial banking services including term loans commercial mortgages lines of credit and cash management services. Its lending and investment activities are funded principally by retail deposits gathered through its retail store office network. Metro Bancorp Inc has a market cap of $86.6 million; its shares were traded at around $11.97 with a P/E ratio of 10.3 and P/S ratio of 0.8.
Buy: Chairman of the Board Gary L Nalbandian bought 14,385 shares of METR stock on 09/25/2009 at the average price of $12; the price of the stock has decreased by 0.25% since. Buy: Director Samir J Srouji bought 3,980 shares of METR stock on 09/25/2009 at the average price of $12; the price of the stock has decreased by 0.25% since. Buy: Director Michael A Serluco bought 8,333 shares of METR stock on 09/25/2009 at the average price of $12; the price of the stock has decreased by 0.25% since. Buy: Secretary to the Board Peter J Ressler bought 2,000 shares of METR stock on 09/25/2009 at the average price of $12; the price of the stock has decreased by 0.25% since. Buy: EVP/Sr. Loan Officer Peter M Jr Musumeci bought 7,143 shares of METR stock on 09/25/2009 at the average price of $12; the price of the stock has decreased by 0.25% since.
Chico's FAS Inc. (CHS, Financial): EVP- CFO Kent A Kleeberger Bought 900 Shares
EVP- CFO of Chico's FAS Inc. (CHS) Kent A Kleeberger bought 900 shares on 09/25/2009 at an average price of $12.55. CHICO'S FAS INC. is a specialty retailer of exclusively designed private label casual clothing and related accessories. Each store offers collections of color coordinated tops pants shorts skirts jumpsuits dresses vests jackets outerwear socks and accessories including leather and fabric belts scarves earrings necklaces and bracelets. Chico's Fas Inc. has a market cap of $2.17 billion; its shares were traded at around $12.06 with a P/E ratio of 152.8 and P/S ratio of 1.4. Chico's Fas Inc. had an annual average earning growth of 38.5% over the past 10 years. GuruFocus rated Chico's Fas Inc. the business predictability rank of 2.5-star.
Chico’s FAS Inc. recently reported fiscal results for the second quarter 2009. For the second quarter ended August 1, 2009, the Company had net income of $14.9 million or $0.08 per diluted share, compared to net income of $6.7 million, or $0.04 per diluted share for the second quarter ended August 2, 2008. Net sales for the thirteen-week period ended August 1, 2009 increased from $405.2 million to $419.9 million.
CHS is in the portfolios of Richard Snow of Snow Capital Management, L.P., Lee Ainslie of Maverick Capital, Arnold Schneider of Schneider Capital Management, PRIMECAP Management.Ă‚
Buy: Director John W Burden bought 2,500 more shares of CHS stock on 06/15/2009 at the average price of $9.81, 7,500 more shares of CHS stock on 06/16/2009 at the average price of $9.25, and 10,000 shares of CHS stock on 09/08/2009 at the average price of $12.61; the price of the stock has decreased by 4.36% since. Sell: EVP- Human Resources Manuel O Jessup sold 6,666 shares of CHS stock on 09/18/2009 at the average price of $13.38; the price of the stock has decreased by 9.87% since.
For the complete list of stocks that bought by their CFOs, go to: Insider Buys.
