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Weekly CFO Buys Highlight: KSwiss Inc., Zagg Inc., Evergreen Energy, CalAmp Corp., SatCon Technology Corp., ENGlobal Corp, Broadwind Energy

According to GuruFocus Insider Data, the largest CFO buys during the past week were KSwiss Inc. (KSWS), Zagg Inc. (ZAGG), EVERGREEN ENERGY INC (EEE), CalAmp Corp. (CAMP), SatCon Technology Corp. (SATC), ENGlobal Corp (ENG), and Broadwind Energy Inc. (BWEN).

Vice President Finance/CFO of KSwiss Inc. (KSWS) George Powlick bought 55,702 shares on 05/13/2010 at an average price of $10.69. 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 $441.2 million; its shares were traded at around $12.56 with and P/S ratio of 1.7.

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.

President & CEO, 10% Owner Steven B Nichols and 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.

Zagg Inc. (ZAGG): CFO Brandon T Obrien Bought 24,000 Shares

CFO of Zagg Inc. (ZAGG) Brandon T Obrien bought 24,000 shares on 05/21/2010 at an average price of $2.13. ZAGG Inc. designs, manufactures and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide. Zagg Inc. has a market cap of $45.8 million; its shares were traded at around $2.11 with a P/E ratio of 13.2 and P/S ratio of 1.3.

ZAGG Inc. announced financial results for the first quarter ended March 31, 2010. Revenue for Q1 2010 was $8.8 million versus $8.1 million for Q1 2009, and $11.4 million for Q4 2009. Net income for Q1 2010 was $0.8 million or $0.03 per share versus $1.0 million or $0.05 for Q1 2009, and $0.3 million or $0.01 per fully diluted share for Q4 2009.

CEO, 10% Owner Robert G Pedersen Ii and CFO Brandon T Obrien bought shares of ZAGG stock.

EVERGREEN ENERGY INC (EEE): CFO Diana L Kubik Bought 23,000 Shares

CFO of EVERGREEN ENERGY INC (EEE) Diana L Kubik bought 23,000 shares on 05/13/2010 at an average price of $0.21. Everxgreen Energy Inc. offers combined energy, environmental and economic solutions to coal-fired power generating facilities and industrial coal users in the United States and internationally. Evergreen Energy Inc has a market cap of $35.2 million; its shares were traded at around $0.2 with and P/S ratio of 0.8. Evergreen Energy Inc had an annual average earning growth of 8.3% over the past 10 years.

Evergreen Energy Inc. reported its first quarter 2010 financial results. Revenues for the quarter were $100,000, representing licensing fees from GreenCert. This compares to $134,000 for consulting fees earned during the first quarter of 2009. Net loss from discontinued operations for the quarter was $4.1 million, compared to net income of $803,000 in 2009. Net loss was $12.5 million for the quarter, or $0.07 per share, compared to net loss of $6.4 million, or $0.05 per share during 2009.

CEO Thomas H Jr. Stoner, CFO Diana L Kubik, and Director Chester N Winter bought shares of EEE stock.

CalAmp Corp. (CAMP): VP Finance & CFO Richard K Vitelle Bought 15,000 Shares

VP Finance & CFO of CalAmp Corp. (CAMP) Richard K Vitelle bought 15,000 shares on 05/20/2010 at an average price of $2.19. 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 $59.9 million; its shares were traded at around $2.17 with and P/S ratio of 0.6.

CalAmp Corp. reported results for its fourth quarter and full year ended February 28, 2010. The company reported fourth quarter revenues 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. The company reported 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, VP Finance & CFO Richard K Vitelle, and President & COO Michael J Burdiek bought shares of CAMP shares.

SatCon Technology Corp. (SATC): CFO and Treasurer Donald R Peck Bought 12,500 Shares

CFO and Treasurer of SatCon Technology Corp. (SATC) Donald R Peck bought 12,500 shares on 05/20/2010 at an average price of $2.35. SatCon Technology Corp. manufactures and sells power and energy management products for several applications. Satcon Technology Corp. has a market cap of $169 million; its shares were traded at around $2.38 with and P/S ratio of 3.3. Satcon Technology Corp. had an annual average earning growth of 1.3% over the past 10 years.

Satcon Technology Corporation announced its results for the first quarter ended March 31, 2010. The company reported revenue of $14.7 million for the first quarter 2010, compared to the revenue of $13.4 million for the first quarter 2009. Net loss per share attributable to the common shareholder was $0.10.

CFO and Treasurer Donald R Peck bought shares of SATC stock.

ENGlobal Corp (ENG): CFO and Treasurer Robert W Raiford Bought 10,542 Shares

CFO and Treasurer of ENGlobal Corp (ENG) Robert W Raiford bought 10,542 shares on 05/14/2010 at an average price of $3.07. ENGlobal Corporation provides engineering, automation systems, field inspection, and land management and regulatory services principally to the petroleum refining, petrochemical, pipeline, production, and process industries throughout the United States and internationally. Englobal Corp has a market cap of $76.1 million; its shares were traded at around $2.77 with and P/S ratio of 0.2.

ENGlobal announced financial results for the first quarter ended March 31, 2010. ENGlobal reported first quarter net loss of $1.5 million, or ($0.06) earnings per diluted share, for the quarter ended March 31, 2010, compared to net income of $2.0 million, or $0.07 earnings per diluted share for the same period last year. First quarter 2010 revenue decreased to $68.0 million, 27% lower than the $93.5 million for the first quarter of fiscal year 2009.

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

CFO and Treasurer Robert W Raiford bought shares of ENG stock.

Broadwind Energy Inc. (BWEN): CFO Stephanie K Kushner Bought 10,000 Shares

CFO of Broadwind Energy Inc. (BWEN) Stephanie K Kushner bought 10,000 shares on 05/19/2010 at an average price of $2.8. Broadwind Energy, Inc., headquartered in Naperville, Illinois, owns, supports, grows and strategically positions companies that manufacture, install and maintain components for the energy industry, with a primary emphasis on the wind energy sector. Broadwind Energy Inc. has a market cap of $315.8 million; its shares were traded at around $2.96 with and P/S ratio of 1.5.

Broadwind Energy, Inc. reported a net loss of $14.1 million or $0.14 per share for the first quarter of 2010 on revenue of $22.2 million, compared to a net loss of $7.2 million or $0.07 per share on revenue of $53.1 million in the prior year.

BWEN is in the portfolios of Louis Moore Bacon of Moore Capital Management, LP.

CEO, 10% Owner John Cameron Drecoll and 10% Owner Jeffrey L Et Al Gendell sold shares of BWEN stock.

CFO Stephanie K Kushner bought shares of BWEN stock.

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

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