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Weekly CFO Buys Highlight: KSwiss, Sara Lee, Pioneer Drilling, CalAmp, Dr. PEPPER SNAPPLE, Stereotaxis, WESCO International

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According to GuruFocus Insider Data, the largest CFO buys during the past week were KSwiss Inc. (KSWS), Sara Lee Corp. (SLE), Pioneer Drilling Company (PDC), CalAmp Corp. (CAMP), DR PEPPER SNAPPLE GP (DPS), Stereotaxis Inc. (STXS), and WESCO International Inc. (WCC).

Vice President Finance/CFO of KSwiss Inc. (KSWS) George Powlick bought 140,298 shares during the past week at an average price of $9.76. K-Swiss Inc. designs, develops and markets a growing array of athleticfootwear for high performance sports use, fitness activities and casual wear. Kswiss Inc. has a market cap of $365.8 million; its shares were traded at around $10.41 with and P/S ratio of 1.5.

KSWS is in the portfolios of Third Avenue Management, Diamond Hill Capital of Diamond Hill Capital Management Inc, Chuck Royce of Royce& Associates, Charles Brandes of Brandes Investment, Jim Simons of Renaissance Technologies LLC.

Vice President Finance/CFO George Powlick bought shares of KSWS stock.

Executive Vice President David J Nichols and Corporate Counsel Lee Green sold shares of KSWS stock.

Sara Lee Corp. (SLE): EVP, CFO Marcel H.m. Smits Bought 15,000 Shares

EVP, CFO of Sara Lee Corp. (SLE) Marcel H.m. Smits bought 15,000 shares on 05/07/2010 at an average price of $13.44. Sara Lee Corporation is a global manufacturer and marketer of high-quality, brand-name products for consumers throughout the world. Sara Lee Corp. has a market cap of $9.72 billion; its shares were traded at around $14.7 with a P/E ratio of 12.4 and P/S ratio of 0.7. The dividend yield of Sara Lee Corp. stocks is 3%.

Sara Lee Corp. reported a strong increase in operating income for the third quarter of fiscal 2010, driven by higher operating segment income in four of its five ongoing business segments. Net sales for the third quarter of fiscal 2010 were $2.6 billion, unchanged versus the year-ago period as favorable foreign currency exchange rates and positive sales mix were offset by lower unit volumes, decreased prices and the impact of divestitures. The company’s adjusted net sales decreased 2.5%.

SLE is in the portfolios of Charles Brandes of Brandes Investment, John Buckingham of Al Frank Asset Management, Inc., Richard Pzena of Pzena Investment Management LLC, Jean-Marie Eveillard of Arnhold & S. Bleichroeder Advisers, LLC, Bruce Kovner of Caxton Associates, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors, George Soros of Soros Fund Management LLC, Manning & Napier Advisors, Inc, David Dreman of Dreman Value Management, Donald Yacktman of Yacktman Asset Management Co.

Chair & CEO Brenda C Barnes, EVP, CFO Marcel H.m. Smits, and Senior Vice President B Thomas Hansson bought shares of SLE stock.

Pioneer Drilling Company (PDC): EVP & CFO Lorne Phillips Bought 12,000 Shares

EVP & CFO of Pioneer Drilling Company (PDC) Lorne Phillips bought 12,000 shares on 05/10/2010 at an average price of $5.49. Pioneer Drilling provides land contract drilling services to independent and major oil and gas operators drilling wells in Texas, Louisiana, Oklahoma, Kansas, the Rocky Mountain region, and internationally in Colombia. Pioneer Drilling Company has a market cap of $326.8 million; its shares were traded at around $6.04 with and P/S ratio of 1. Pioneer Drilling Company had an annual average earning growth of 47.9% over the past 10 years. GuruFocus rated Pioneer Drilling Company the business predictability rank of 2.5-star.

Pioneer Drilling Company, Inc. reported financial and operating results for the three months ended March 31, 2010. Revenues for the latest quarter were $86.0 million, compared with $81.2 million for the prior quarter and $100.8 million for the year-earlier quarter. Net loss for the first quarter was $14.5 million, or $0.27 per share, compared with a net loss for the fourth quarter of 2009 ("the prior quarter") of $8.4 million, or $0.16 per share.

PDC is in the portfolios of Third Avenue Management, Steven Cohen of SAC Capital Advisors, Paul Tudor Jones of The Tudor Group, Paul Tudor Jones of The Tudor Group, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.

President & CEO Stacy Locke, EVP & CFO Lorne Phillips, and Director Dean A Burkhardt bought shares of PDC stock.

CalAmp Corp. (CAMP): VP Finance & CFO Richard K Vitelle Bought 10,200 Shares

VP Finance & CFO of CalAmp Corp. (CAMP) Richard K Vitelle bought 10,200 shares on 05/11/2010 at an average price of $2.22. CalAmp Corp. is a provider of wireless communications products that enable anytime/anywhere access to critical information, data and entertainment content. Calamp Corp. has a market cap of $68.9 million; its shares were traded at around $2.49 with and P/S ratio of 0.7.

CalAmp Corp. reported results for its fourth quarter ended February 28, 2010. Fourth quarter revenue of $34.5 million, up 62% from prior year and up 12% sequentially; fiscal 2010 full year revenue of $112.1 million, up 14% from prior year. Fourth quarter GAAP net loss of $1.3 million, or $0.05 loss per diluted share; Adjusted basis (non-GAAP) net loss of $0.5 million, or $0.02 loss per diluted share.

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

CEO Richard B Gold, President & CEO Richard B Gold, and VP Finance & CFO Richard K Vitelle bought shares of CAMP stock.

DR PEPPER SNAPPLE GP (DPS): Executive Vice President & CFO Martin M Ellen Bought 10,000 Shares

Executive Vice President & CFO of DR PEPPER SNAPPLE GP (DPS) Martin M Ellen bought 10,000 shares on 05/07/2010 at an average price of $34.71. DR PEPPER SNAPPLE Group is one of the largest beverage companies in the Americas. Dr Pepper Snapple Gp has a market cap of $9.47 billion; its shares were traded at around $37.25 with a P/E ratio of 18.6 and P/S ratio of 1.8. The dividend yield of Dr Pepper Snapple Gp stocks is 1.6%.

Dr Pepper Snapple Group, Inc. reported first quarter 2010 diluted earnings of $0.35 per share compared to $0.52 per share in the prior year period. Reported net sales were down 1%.

DPS is in the portfolios of Robert Olstein of Olstein Financial Alert Fund, Steve Mandel of Lone Pine Capital, Westport Asset Management, John Keeley of Keeley Fund Management, Louis Moore Bacon of Moore Capital Management, LP, Paul Tudor Jones of The Tudor Group, John Paulson of Paulson & Co., George Soros of Soros Fund Management LLC, Bruce Kovner of Caxton Associates, Murray Stahl of Horizon Asset Management, Steven Cohen of SAC Capital Advisors.

Executive Vice President & CFO Martin M Ellen, Director M Anne Szostak, and Director Wayne R Sanders bought shares of DPS stock.

Stereotaxis Inc. (STXS): CFO Daniel J Johnston Bought 10,000 Shares

CFO of Stereotaxis Inc. (STXS) Daniel J Johnston bought 10,000 shares on 05/10/2010 at an average price of $4.03. Stereotaxis designs, manufactures and markets an advanced cardiology instrument control system for use in a hospital's interventional surgical suite to enhance the treatment of coronary artery disease and arrhythmias. Stereotaxis Inc. has a market cap of $209.7 million; its shares were traded at around $4.17 with and P/S ratio of 4.1.

Stereotaxis, Inc. reported financial results for the first quarter ended March 31, 2010 highlighted by recurring revenue and gross margin achieving record levels while operating losses continued to decline. Revenue for the recent first quarter was $10.6 million compared with $11.1 million in the same quarter a year ago. Net loss for the first quarter was $8.4 million.

President and CEO Michael P Kaminski, CFO Daniel J Johnston, and Director, 10% Owner Christopher D Alafi bought shares of STXS stock.

WESCO International Inc. (WCC): CFO Richard Heyse Bought 9,250 Shares

CFO of WESCO International Inc. (WCC) Richard Heyse bought 9,250 shares on 05/11/2010 at an average price of $38.35. Wesco International, Inc. is a provider of electrical products and other industrial MRO supplies and services in North America. Wesco International Inc. has a market cap of $1.61 billion; its shares were traded at around $37.9 with a P/E ratio of 16.7 and P/S ratio of 0.4. Wesco International Inc. had an annual average earning growth of 12.7% over the past 10 years.

WESCO International, Inc. announced its 2010 first quarter financial results. Consolidated net sales were $1,148.6 million for the first quarter of 2010 compared to $1,179.6 million for the first quarter of 2009, a decline of 2.6%, inclusive of a 1.8% positive impact from foreign exchange rates. First quarter 2010 consolidated net sales increased 1.4% compared to the fourth quarter 2009. Net income for the current quarter was $21.7 million compared to $23.3 million for the prior year quarter.

WCC is in the portfolios of Richard Snow of Snow Capital Management, L.P., Ronald Muhlenkamp of Muhlenkamp Fund, John Buckingham of Al Frank Asset Management, Inc., NWQ Managers of NWQ Investment Management Co, Jim Simons of Renaissance Technologies LLC, George Soros of Soros Fund Management LLC.

VP, Treasurer & Investor Rel. Daniel A Brailer and SENIOR VICE PRESIDENT & COO Oss Stephen A Van bought shares of WCC 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.

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