1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Weekly CFO Buys Highlight: OCWEN FINANCIAL Corp., Aastrom Biosciences Inc.

March 13, 2011 | About:

According to GuruFocus Insider Data, these are the largest CFO buys during the past week.

OCWEN FINANCIAL Corp. (NYSE:OCN): EVP, CFO and CAO Vlack John Patrick Van Bought 20,000 Shares

EVP, CFO and CAO of OCWEN FINANCIAL Corp. (NYSE:OCN) Vlack John Patrick Van bought 20,000 shares on 03/04/2011 at an average price of $10.36. Ocwen Financial Corporation is a financial services holding company engaged in asset acquisition and resolution, residential finance, commercial finance, investment management and hotel operations. Ocwen Financial Corp. has a market cap of $1.07 billion; its shares were traded at around $10.62 with a P/E ratio of 14 and P/S ratio of 2.9. Ocwen Financial Corp. had an annual average earnings growth of 16.1% over the past 5 years.

Ocwen Financial Corporation reported net income for the twelve months ended December 31, 2010 of $38.0 million or $0.36 per share, compared with net income of $0.3 million or $0.00 per share in 2009.

EVP, CFO and CAO Vlack John Patrick Van and Chairman, 10% Owner William C Erbey sold shares of OCN stock.

Aastrom Biosciences Inc. (ASTM): CFO Scott Durbin Bought 13,537 Shares

CFO of Aastrom Biosciences Inc. (ASTM) Scott Durbin bought 13,537 shares on 03/04/2011 at an average price of $2.17. Aastrom Biosciences, Inc. develops autologous cell products for the repair or regeneration of multiple human tissues, based on its proprietary Tissue Repair Cell technology. Aastrom Biosciences Inc. has a market cap of $90.4 million; its shares were traded at around $2.34 with and P/S ratio of 1015.3.

Aastrom Biosciences, Inc. reported operating results for the quarter and six months ended December 31, 2010, reflecting the recent change in the company's fiscal year end from June 30 to December 31.

CEO and President Timothy M Mayleben, CEO & President Timothy M Mayleben, and CFO Scott Durbin bought shares of ASTM 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

About the author:

Charlie Tian, Ph.D. - Founder of GuruFocus. You can now order his book Invest Like a Guru on Amazon.

Rating: 3.6/5 (5 votes)


Please leave your comment:

Performances of the stocks mentioned by gurugk

User Generated Screeners

dosowsky1Fast Revenue Growth
Kbannon77All Stocks US
Kbannon77All Stocks
opadovaniP median2
carter2u2Small Cap No Debt
bkw82Predictable/ebitda 10/52 week
pbarker46Hist. High Yield
andrewgu999valleylink - gogogo
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)

GF Chat