10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Weekly CFO Buys Highlight: Altair Nanotechnologies Inc., TICC Capital Corp., Promoris Services Corp., BioDelivery Sciences International Inc., PokerTek Inc.

April 04, 2010 | About:
gurujk

gurujk

5 followers
According to GuruFocus Insider Data, the largest CFO buys during the past week were Altair Nanotechnologies Inc. (ALTI), TICC Capital Corp. (TICC), PRIMORIS SERVICES CORPORATION (PRIM), BioDelivery Sciences International Inc. (BDSI), and PokerTek Inc. (PTEK).

CFO of Altair Nanotechnologies Inc. (ALTI) John C. Fallini bought 7,000 shares on 03/25/2010 at an average price of $0.73. Altair Nanotechnologies is an innovator and supplier of advanced novel, ceramic nanomaterials. Altair Nanotechnologies Inc. has a market cap of $77.6 million; its shares were traded at around $0.736 with and P/S ratio of 17.7. Altair Nanotechnologies Inc. had an annual average earning growth of 12.1% over the past 10 years.

Altair Nanotechnologies, Inc. reported financial results for the year ended December 31, 2009. For the year ended December 31, 2009, the Company reported revenues of $4.4 million, down from $5.7 million for 2008. The net loss was $21.9 million, or 21 cents per share, compared to a net loss of $29.3 million, or 34 cents per share, for 2008.

ALTI is in the portfolios of Jim Simons of Renaissance Technologies LLC.

CFO John C. Fallini, Director Pierre Lortie, and President Terry M Copeland bought shares of ALTI stock.

TICC Capital Corp. (TICC): CFO, CCO and Secretary Patrick Conroy Bought 6,104 Shares

CFO, CCO and Secretary of TICC Capital Corp. (TICC) Patrick Conroy bought 6,104 shares on 03/23/2010 at an average price of $6.81. TICC Capital Corp. is a business development company primarily engaged in providing capital to technology-related companies. Ticc Capital Corp. has a market cap of $178.6 million; its shares were traded at around $6.66 with a P/E ratio of 13 and P/S ratio of 8.7. The dividend yield of Ticc Capital Corp. stocks is 9.1%.

TICC Capital Corp. announced its financial results for the quarter and the year ended December 31, 2009 and a distribution of $0.15 per share for the first quarter of 2010. For the year ended December 31, 2009, we recorded approximately $20.5million of total investment income and $13.5 million of net investment income, compared to $37.3 million of total investment income and $22.2 million of net investment income for the year ended December 31, 2008.

TICC is in the portfolios of Jeremy Grantham of GMO LLC.

CFO, CCO and Secretary Patrick Conroy bought shares of TICC stock.

PRIMORIS SERVICES CORPORATION (PRIM): Exec. VP, CFO Peter J Moerbeek Bought 5,000 Shares

Exec. VP, CFO of PRIMORIS SERVICES CORPORATION (PRIM) Peter J Moerbeek bought 5,000 shares on 03/29/2010 at an average price of $7.75. The industry-Policy Tracking System application resides at their state-of-the-art data center. Primoris Services Corporation has a market cap of $252.7 million; its shares were traded at around $7.63 with a P/E ratio of 9.1 and P/S ratio of 0.5. The dividend yield of Primoris Services Corporation stocks is 1.3%.

Primoris Services Corporation reported 2009 fourth quarter financial results. The company reported revenues of $117.2 million compared to $142.2 million in Q4 2008. Income from continuing operations of $6.8 million, or $0.18 per diluted share compared to Q4 2008 income from continuing operations of $7.8 million, or $0.23 per diluted share and compared to Q4 2008 pro forma income from continuing operations of $6.3 million, or $0.19 per diluted share -- $120.1 million in cash and short-term investments at December 31, 2009.

PRIM is in the portfolios of Michael Price of MFP Investors LLC.

Exec. VP, CFO Peter J Moerbeek and Director Thomas E. Tucker bought shares of PRIM stock.

BioDelivery Sciences International Inc. (BDSI): CFO James A Mcnulty Bought 1,500 Shares

CFO of BioDelivery Sciences International Inc. (BDSI) James A Mcnulty bought 1,500 shares on 03/25/2010 at an average price of $4.03. BioDelivery Sciences International is a development-stage biotechnology company that is developing and seeking to commercialize a drug delivery technology designed for a potentially broad base of pharmaceuticals, vaccines and over-the-counter drugs. Biodelivery Sciences International Inc. has a market cap of $80.6 million; its shares were traded at around $3.8 with and P/S ratio of 1.3.

President and CEO Mark A Sirgo and CFO James A Mcnulty bought shares of BDSI stock.

PokerTek Inc. (PTEK): CEO & CFO Mark Daniel Roberson Bought 1,500 Shares

CEO & CFO of PokerTek Inc. (PTEK) Mark Daniel Roberson bought 1,500 shares on 03/29/2010 at an average price of $0.5. PokerTek, Inc. was formed to develop and market the PokerPro system, an electronic poker table that provides a fully-automated poker room environment, to tribal casinos, commercial casinos, and card clubs. Pokertek Inc. has a market cap of $7 million; its shares were traded at around $0.5 with and P/S ratio of 1.

PokerTek, Inc. reported financial results for the fourth quarter and year ended December 31, 2009. Net loss per share improved 56% for the quarter and 30% on an annual.

CEO & CFO Mark Daniel Roberson and Director Lee Lomax bought shares of PTEK stock.

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

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

» Take a Free Trial of Premium Membership


Rating: 5.0/5 (1 vote)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK