Weekly CFO Buys Highlight: MFRI Inc., Uranerz Energy Corp., The Pep BoysManny Moe & Jack, DRI Corp., Incyte Corp., NCI Building Systems Inc., Hurco Companies Inc.

Weekly CFO Buys Highlight: MFRI, URZ, PBY, TBUS, INCY, NCS, HURC

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Jul 11, 2010
According to GuruFocus Insider Data, the largest CFO buys during the past week were MFRI Inc., Uranerz Energy Corp., The Pep BoysManny Moe & Jack, DRI Corp., Incyte Corp., NCI Building Systems Inc., and Hurco Companies Inc.


Vice President CFO of MFRI Inc. (MFRI, Financial) Michael D Bennett bought 17,400 shares on 07/07/2010 at an average price of $6.15. MFRI INC. is engaged in the manufacture and sale of filter bags for use inindustrial air pollution control systems known as ``baghouses``. Mfri Inc. has a market cap of $42.9 million; its shares were traded at around $6.28 with and P/S ratio of 0.2. Mfri Inc. had an annual average earning growth of 8.2% over the past 5 years.


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


Vice President CFO Michael D Bennett bought shares of MFRI stock.


Uranerz Energy Corp. (URZ, Financial): Sr. VP and CFO Benjamin Leboe Bought 15,000 Shares


Sr. VP and CFO of Uranerz Energy Corp. (URZ) Benjamin Leboe bought 15,000 shares on 07/06/2010 at an average price of $1.01. URANERZ ENERGY CORPORATION is engaged in the acquisition, exploration and development of properties in the uranium sector. Uranerz Energy Corp. has a market cap of $66.1 million; its shares were traded at around $1.03.


President & CEO Glenn Catchpole, Sr. VP and CFO Benjamin Leboe, and Executive Chairman Dennis Lyle Higgs bought shares of URZ stock.


The Pep BoysManny Moe & Jack (PBY, Financial): EVP-CFO Raymond L Arthur Bought 11,800 Shares


EVP-CFO of The Pep BoysManny Moe & Jack (PBY) Raymond L Arthur bought 11,800 shares on 07/01/2010 at an average price of $8.4. Pep Boys - MM&J is a automotive retail and service chain. The Pep Boysmanny Moe & Jack has a market cap of $486.4 million; its shares were traded at around $9.27 with a P/E ratio of 21.1 and P/S ratio of 0.2. The dividend yield of The Pep Boysmanny Moe & Jack stocks is 1.3%.


The Pep Boys announced results for the thirteen weeks (first quarter) ended May 1, 2010. Sales for the thirteen weeks ended May 1, 2010 increased by $13.5 million, or 2.7%, to $510.0 million from $496.5 million for the thirteen weeks ended May 2, 2009. Net earnings for the first quarter of fiscal 2010 increased to $12.0 million ($0.23 per share) from $10.9 million ($0.21 per share) recorded in the same period last year.


PBY is in the portfolios of Chuck Royce of Royce& Associates, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors.


President & CEO R. Odell Michael, EVP-CFO Raymond L Arthur, and EVP-Merchandising & Marketing Webb Scott bought shares of PBY stock.


DRI Corp. (TBUS, Financial): VP, CFO, Secretary & Treasurer Kathleen B Oher Bought 2,500 Shares


VP, CFO, Secretary & Treasurer of DRI Corp. (TBUS) Kathleen B Oher bought 2,500 shares on 07/07/2010 at an average price of $1.6. DRI Corporation a digital communications technology leader in the domestic and international surface transportation and transit security markets. Dri Corp. has a market cap of $20.1 million; its shares were traded at around $1.7 with a P/E ratio of 12.1 and P/S ratio of 0.2.


DRI Corporation announced that it posted first quarter fiscal results. For the period ended March 31, 2010, net sales were $22.1 million and the net loss to common shareholders was $995 thousand, or 8 cents per diluted share. This compares to net sales of $13.2 million and a net loss to common shareholders of $1.1 million, or 10 cents per diluted share for the same period last year.


Chairman and CEO David L Turney, VP, CFO, Secretary & Treasurer Kathleen B Oher, and Pres., COO, Global Operations Oliver Wels bought shares of TBUS stock.


Incyte Corp. (INCY, Financial): CFO David C Hastings Bought 2,000 Shares


CFO of Incyte Corp. (INCY) David C Hastings bought 2,000 shares on 07/01/2010 at an average price of $10.24. Incyte Corp is a drug discovery company that is using its expertise in genomics, medicinal chemistry and molecular, cellular and in vivo biology to discover and develop novel therapeutics. Incyte Corp. has a market cap of $1.46 billion; its shares were traded at around $12.03 with and P/S ratio of 157.3. Incyte Corp. had an annual average earning growth of 0.4% over the past 10 years.


Incyte Corporation reported first quarter 2010 financial results. Total revenues for the quarter ended March 31, 2010 were $17.3 million as compared to $0.7 million for the same period in 2009. The net loss for the quarter ended March 31, 2010 was $35.7 million, or $0.30 per share, as compared to $40.0 million, or $0.41 per share, for the same period in 2009.


INCY is in the portfolios of Steven Cohen of SAC Capital Advisors, Pioneer Investments.


CEO Paul A Friedman, CFO David C Hastings, and EVP, Human Resources Paula J Swain bought shares of INCY stock.


NCI Building Systems Inc. (NCS, Financial): CFO Mark E Johnson Bought 1,178 Shares


CFO of NCI Building Systems Inc. (NCS) Mark E Johnson bought 1,178 shares on 07/01/2010 at an average price of $8.41. NCI Building Systems, Inc. is an integrated manufacturers of metal products for the building industry. Nci Building Systems Inc. has a market cap of $175.6 million; its shares were traded at around $8.97 with and P/S ratio of 0.2.


NCI Building Systems, Inc. reported financial results for the second quarter ended May 2, 2010. For the second quarter, sales were $202.4 million, up 10.6% sequentially from the $182.9 million reported in the prior quarter, but 10.0% below the $224.7 million reported in last year's second quarter. For the second quarter, the Company reported a net loss applicable to common shares of $257.3 million. This compares to a net loss applicable to common shares of $18.8 million in the 2010 first quarter.


NCS is in the portfolios of Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors, George Soros of Soros Fund Management LLC.


Chairman, President & CEO Norman C Chambers, CFO Mark E Johnson, and Director George Martinez bought shares of NCS stock.


Hurco Companies Inc. (HURC, Financial): Vice President & CFO John Oblazney Bought 1,000 Shares


Vice President & CFO of Hurco Companies Inc. (HURC) John Oblazney bought 1,000 shares on 07/01/2010 at an average price of $14.5. Hurco Companies, Inc. is an industrial automation systems company. Hurco Companies Inc. has a market cap of $99.2 million; its shares were traded at around $15.4 with and P/S ratio of 1.1.


HURC is in the portfolios of Chuck Royce of Royce& Associates.


Vice President & CFO John Oblazney, Director Robert W Cruickshank, and Director Philip James bought shares of HURC stock.


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