Weekly CFO Buys Highlight: Global Defense Technology and Systems, FelCor Lodging Trust Inc., First Commonwealth Financial Corp., First Niagara Financial Group Inc., Interclick Inc.

Weekly CFO Buys Highlight: GTEC, FCH, FCF, FNFG, ICLK

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Mar 14, 2010
According to GuruFocus Insider Data, the largest CFO buys during the past week were Global Defense Technology and Systems, I (GTEC, Financial), FelCor Lodging Trust Inc. (FCH, Financial), First Commonwealth Financial Corp. (FCF, Financial), First Niagara Financial Group Inc. (FNFG, Financial), and Interclick Inc. (ICLK, Financial).

EVP, CFO & TREASURER of Global Defense Technology and Systems, I (GTEC) James P Allen bought 15,000 shares on 03/04/2010 at an average price of $12.21. Global Defense Technology & Systems, Inc. operates as a provider of mission-critical technology-based systems, solutions, and services for national security agencies and programs of the U. Global Defense Technology And Systems, I has a market cap of $132.4 million; its shares were traded at around $14.62 with and P/S ratio of 0.7.

Global Defense Technology and Systems announced fourth quarter 2009 financial results. Revenue for the fourth quarter ended December 31, 2009 was $55.8 million, which represents 20.7% growth (all organic) over 2008. TIS and FMMS segment revenue was $25.5 million and $30.3 million, respectively, for the fourth quarter. Total segment operating income was $6.7 million, or 12.1%, for the fourth quarter, while unallocated corporate expenses totaled $8.7 million.

PRESIDENT & CEO John F Hillen Iii, EVP, CFO & TREASURER James P Allen, and Director John Devine bought shares of GTEC stock.

Interclick Inc. (ICLK): CFO Roger Clark Bought 4,000 Shares

CFO of Interclick Inc. (ICLK) Roger Clark bought 4,000 shares on 03/10/2010 at an average price of $3.92. interCLICK, Inc. operates the interCLICK Network, an online advertising platform that combines advanced behavioral targeting with complete data and inventory transparency, allowing advertisers to identify and track their desired audience on an unprecedented level. Interclick Inc. has a market cap of $93.3 million; its shares were traded at around $3.95 with and P/S ratio of 4.2.

CFO Roger Clark, Chief Technology Officer Andrew S Katz, and President Michael Stephen Katz bought shares of ICLK stock.

FelCor Lodging Trust Inc. (FCH): Executive VP & CFO Andrew J Welch Bought 56,265 Shares

Executive VP & CFO of FelCor Lodging Trust Inc. (FCH) Andrew J Welch bought 56,265 shares during the past week at an average price of $3.96. FelCor Lodging Trust Inc. is a real estate investment trust. Felcor Lodging Trust Inc. has a market cap of $300 million; its shares were traded at around $4.58 with a P/E ratio of 4.8 and P/S ratio of 0.3.

FelCor Lodging Trust Incorporated reported operating results for the fourth quarter and year ended December 31, 2009. Net loss for the fourth quarter was $51.2 million. Revenue per available room ("RevPAR") for our 83 consolidated hotels was $75.01, a 10.9 percent decline compared to the same period in 2008, which is better than the 11.7 percent decline for the industry (according to Smith Travel Research). Our RevPAR decline was driven mainly by lower average daily rate ("ADR") (which fell 10.4 percent to $118.59), while average occupancy declined only 0.6 percent to 63.2 percent, compared to the same period in 2008.

FCH is in the portfolios of Ken Heebner of CAPITAL GROWTH MANAGEMENT LP, John Paulson of Paulson & Co., Jim Simons of Renaissance Technologies LLC.

President and CEO Richard Allen Smith, Executive VP & CFO Andrew J Welch, and Chairman Thomas J Jr Corcoran.

First Commonwealth Financial Corp. (FCF): CFO Robert E Rout Bought 7,000 Shares

CFO of First Commonwealth Financial Corp. (FCF) Robert E Rout bought 7,000 shares on 03/03/2010 at an average price of $5.58. First Commonwealth Financial Corporation is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended. First Commonwealth Financial Corp. has a market cap of $555.7 million; its shares were traded at around $6.49 with and P/S ratio of 1.8. The dividend yield of First Commonwealth Financial Corp. stocks is 1.9%.

First Commonwealth Financial Corporation announced financial results for the year and fourth quarter ended December 31, 2009. First Commonwealth reported net income for the fourth quarter 2009 of $3.3 million, or $0.04 per diluted share, compared to net income of $8.9 million, or $0.11 per diluted share, in the fourth quarter of 2008.

FCF is in the portfolios of Manning & Napier Advisors, Inc, Paul Tudor Jones of The Tudor Group, Jim Simons of Renaissance Technologies LLC.

President & CEO John J Dolan, CFO Robert E Rout, and Director Robert J Ventura bought shares of FCF stock.

First Niagara Financial Group Inc. (FNFG): CFO MichaelW Harrington Bought 2,121 Shares

CFO of First Niagara Financial Group Inc. (FNFG) Michael W Harrington bought 2,121 shares on 03/08/2010 at an average price of $13.8. First Niagara Financial Group, Inc. is a multi-bank holding company and is the parent of First Niagara Bank, Cortland Savings Bank and Cayuga Bank. First Niagara Financial Group Inc. has a market cap of $2.71 billion; its shares were traded at around $14.35 with a P/E ratio of 23.9 and P/S ratio of 4.3. The dividend yield of First Niagara Financial Group Inc. stocks is 4%. First Niagara Financial Group Inc. had an annual average earning growth of 19% over the past 10 years. GuruFocus rated First Niagara Financial Group Inc. the business predictability rank of 3-star.

FNFG is in the portfolios of Irving Kahn of Kahn Brothers & Company Inc., John Keeley of Keeley Fund Management, John Griffin of Blue Ridge Capital, RS Investment Management, Jim Simons of Renaissance Technologies LLC, Manning & Napier Advisors, Inc, Diamond Hill Capital of Diamond Hill Capital Management Inc, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors.

CFO Michael W Harrington, Director Daniel W Judge, and Director Thomas E Baker bought shares of FNFG stocks.