Weekly CFO Buys Highlight: PXLW, MPLX, VOXX, EMMS, CLGX

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Nov 05, 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:





Pixelworks Inc. (PXLW, Financial): Vice President, CFO and Treasurer Steven L. Moore Bought 22,000 Shares


Vice President, CFO and Treasurer of Pixelworks Inc. (PXLW) Steven L. Moore bought 22,000 shares on 11/01/2012 at an average price of $2.35. Pixelworks Inc. design, develop and market semiconductors and software that enable the visual display of broadband content through a wide variety of electronic devices. Pixelworks Inc. has a market cap of $43.4 million; its shares were traded at around $2.28 with and P/S ratio of 0.7.


Pixelworks Inc. announced financial results for the third quarter ended Sept. 30, 2012. Third quarter 2012 revenue was $16.3 million, compared to $15.5 million reported in the prior quarter and $17.4 million in the third quarter of 2011.


Vice President, CFO and Treasurer Steven L. Moore, 10% Owner Becker Drapkin Management LP, and Director C. Scott Gibson bought shares of PXLW stock. on 08/02/2012 at the average price of $2.9. C. Scott Gibson owns at least 87,039 shares after this. The price of the stock has decreased by 21.38% since.


MPLX LP (MPLX, Financial): Vice President and CFO Donald C. Templin Bought 15,000 Shares


Vice President and CFO of MPLX LP (MPLX) Donald C. Templin bought 15,000 shares on 10/31/2012 at an average price of $22.


CEO Gary R. Heminger, Vice President and CFO Donald C. Templin, and Vice President and Controller Michael G. Braddock bought shares of MPLX stock.


VOXX International Corp (VOXX, Financial): Executive Vice President and CFO for Klipsch Group Inc. Frederick L. Farrar Bought 7,000 Shares


Executive Vice President and CFO for Klipsch Group Inc. of VOXX International Corp (VOXX) Frederick L. Farrar bought 7,000 shares on 10/23/2012 at an average price of $6.04. VOXX International Corporation is engaged in marketing automobile sound, vehicle security, mobile video systems, and consumer electronics products. VOXX International Corp has a market cap of $129.6 million; its shares were traded at around $6.27 with a P/E ratio of 5.2 and P/S ratio of 0.2.


VOXX International Corp announced financial results for its fiscal 2013 second quarter ended Aug. 31, 2012. Fiscal second quarter sales increased 21.1%, driven by the Hirschmann acquisition and increases in mobile OEM and in accessories. Net sales for the fiscal 2013 second quarter were $191.7 million, an increase of 21.1% compared to net sales of $158.3 million in the comparable year ago period.


Executive Vice President and CFO for Klipsch Group Inc. Frederick L. Farrar bought shares of VOXX stock.


Director, 10% Owner John J. Shalam and Senior Vice President Thomas Malone sold shares of VOXX stock.


Emmis Communications Corp (EMMS, Financial): Executive Vice President, COO and CFO Patrick M. Walsh Bought 8,000 Shares


Executive Vice President, COO and CFO of Emmis Communications Corp (EMMS) Patrick M. Walsh bought 8,000 shares during the past week at an average price of $1.96. Emmis Communications Corp is a diversified media company with radio broadcasting and magazine publishing operations and pending approval from the FCC, television broadcasting operations. Emmis Communications Corp has a market cap of $74.4 million; its shares were traded at around $1.98 with and P/S ratio of 0.3.


Emmis Communications Corp announced results for its second fiscal quarter ending Aug. 31, 2012. Net revenue for the second fiscal quarter increased 1 percent, from $54.4 million to $55.0 million.


Executive Vice President, COO and CFO Patrick M. Walsh, member of 10% 13d group Jeffrey H. Smulyan and Member of 10% owner 13d group HSJS LLC bought shares of EMMS stock.


CoreLogic Inc. (CLGX, Financial): CFO Frank Martell Bought 5,000 Shares


CFO of CoreLogic Inc. (CLGX) Frank Martell bought 5,000 shares on 10/26/2012 at an average price of $23.11. CoreLogic Inc. has a market cap of $2.44 billion; its shares were traded at around $23.22 with a P/E ratio of 17.3 and P/S ratio of 1.8.


CoreLogic reported financial results for the quarter ended Sept. 30, 2012. Revenues increased $61.3 million or 17.6% to $409.8 million for the quarter ended Sept. 30, 2012. Operating income from continuing operations totaled $61.4 million for the third quarter of 2012 compared with $27.8 million for the third quarter of 2011.


President and CEO Anand K. Nallathambi, CFO Frank Martel and Chairman of the Board David Van Skilling bought shares of CLGX stock.