Weekly CFO Buys Highlight: CWST, CGX, MPAC, FUL, ESL

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Oct 15, 2012
According to GuruFocus Insider Data, these are the largest CFO buys during the past week. The overall trend of CFOs is illustrated in the chart below:





Casella Waste Systems Inc. (CWST, Financial): Senior Vice President and CFO Edwin D. Johnson Bought 25,000 Shares


Senior Vice President and CFO of Casella Waste Systems Inc. (CWST) Edwin D. Johnson bought 25,000 shares on 10/03/2012 at an average price of $4.33. Casella Waste Systems Inc. is a regional, integrated solid waste services company that provides collection, transfer, disposal and recycling services, generates steam and manufactures finished products utilizing recyclable materials primarily throughout the eastern portion of the U.S. and parts of Canada. Casella Waste Systems Inc. has a market cap of $125.01 million; its shares were traded at around $4.57 with and P/S ratio of 0.26.


CEO John W. Casella, Vice Chairman, Board of Directors Douglas R. Casella and President and COO Paul Larkin and sold shares of CWST stock.


Senior Vice President and CFO Edwin D. Johnson bought 25,000 shares of CWST stock on 10/03/2012 at the average price of $4.33. Edwin D. Johnson owns at least 98,194 shares after this. The price of the stock has increased by 5.54% since.


Consolidated Graphics Inc. (CGX, Financial): CFO and Accounting Officer Jon C. Biro Bought 7,000 Shares


CFO and Accounting Officer of Consolidated Graphics Inc. (CGX) Jon C. Biro bought 7,000 shares on 10/05/2012 at an average price of $25.91. Consolidated Graphics provides general commercial printing services. Consolidated Graphics Inc. has a market cap of $293.36 million; its shares were traded at around $29.26 with a P/E ratio of 13.48 and P/S ratio of 0.28.


Consolidated Graphics Inc. announced financial results for its first quarter ended June 30, 2012. Revenue for the June quarter was $238.3 million, a $5.0 million or 2.1% decline compared to the prior year quarter.


CFO and Accounting Officer Jon C. Biro bought shares of CGX stock.


Mod-Pac Corp. (MPAC, Financial): CFO and COO David B. Lupp Bought 4,926 Shares


CFO and COO of Mod-Pac Corp. (MPAC) David B. Lupp bought 4,926 shares on 10/04/2012 at an average price of $4.06. Mod-Pac Corp. is a specialized short-run printer and a designer and manufacturer of paperboard packaging. Mod-pac Corp. has a market cap of $16.71 million; its shares were traded at around $5.21 with a P/E ratio of 23.68 and P/S ratio of 0.3.


Mod-Pac Corp. reported total revenue of $13.5 million for the second quarter of 2012, which ended June 30, 2012, compared with $13.4 million for the second quarter of 2011. Net loss for the second quarter of 2012 was $120,000, or ($0.04) per diluted share, compared with net income of $479,000, or $0.14 per diluted share, in the second quarter of 2011.


CFO and COO David B. Lupp and Vice President Sales Philip C. Rechin bought shares of MPAC stock.


H.B. Fuller Co. (FUL, Financial): Senior Vice President and CFO James R. Giertz Bought 3,000 Shares


Senior Vice President and CFO of H.B. Fuller Co. (FUL) James R. Giertz bought 3,000 shares on 10/03/2012 at an average price of $30.02. H.B. Fuller Company is a worldwide manufacturer and marketer of adhesives, sealants, coatings, paints and other specialty chemical products. H.B. Fuller Co. has a market cap of $1.49 billion; its shares were traded at around $29.79 with a P/E ratio of 13.3 and P/S ratio of 0.95. The dividend yield of H.B. Fuller Co stocks is 1.14%. H.B. Fuller Co. had an annual average earnings growth of 4.8% over the past 10 years. GuruFocus rated H.B. Fuller Co. the business predictability rank of 3.5-star.


H.B. Fuller Company reported financial results for the third quarter that ended Sept. 1, 2012. Net income from continuing operations for the third quarter of 2012 was $24.6 million, or $0.48 per diluted share, versus net income from continuing operations of $22.2 million, or $0.44 per diluted share, in last year's third quarter. Net revenue for the third quarter of 2012 was $500.5 million, up 37.9 percent versus the third quarter of 2011.


Senior Vice President and CFO James R Giertz, Vice President and Corporate Controller James C. McCreary, and Director Juliana L. Chugg sold shares of FUL stock.


Esterline Technologies Corporation (ESL, Financial): Vice President and CFO Robert David George Bought 1,500 Shares


Vice President and CFO of Esterline Technologies Corporation (ESL) Robert David George bought 1,500 shares on 10/12/2012 at an average price of $56.28. Esterline Technologies Corporation is a specialized engineering and manufacturing company principally serving aerospace and defense markets. Esterline Technologies Corporation has a market cap of $1.75 billion; its shares were traded at around $56.73 with a P/E ratio of 13.04 and P/S ratio of 1.02. Esterline Technologies Corporation had an annual average earnings growth of 13.3% over the past 10 years. GuruFocus rated Esterline Technologies Corporation the business predictability rank of 4.5-star.


Esterline Corporation reported third quarter 2012 (ended July 27) earnings from continuing operations of $35.1 million, or $1.12 per diluted share (EPS), on sales of $485.9 million, prior to a previously announced $52.2 million, or $1.69 per diluted share, non-cash charge against goodwill for its UK-based Racal Acoustics defense business. This compared with year-ago income from continuing operations of $37.7 million, or $1.21 per diluted share, on sales of $409.5 million. Including the goodwill charge, third quarter net loss from continuing operations was $17.1 million, or $0.55 per diluted share.


Vice President and CFO Robert David George, Director Delores M. Etter and General Counsel and Vice President Administration Marcia J. Mason bought shares of ESL stock.


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