Weekly CFO Buys Highlight

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May 06, 2013
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:



Southwest Bancorp Inc. (OKSB, Financial): Executive Vice President and CFO Joe T. Shockley Jr. Bought 3,000 Shares

Executive Vice President and CFO of Southwest Bancorp Inc. (OKSB) Joe T. Shockley Jr. bought 3,000 shares on 04/30/2013 at an average price of $12.75.

Southwest Bancorp Inc. was incorporated in 1981. It is a financial holding company which provides commercial and consumer banking services through its banking subsidiaries, Stillwater National, SNB Wichita and SNB Kansas and management consulting services through BCG and HSSI. Southwest Bancorp Inc. has a market cap of $256.823 million; its shares were traded around $13.32 with a P/E ratio of 20.83 and P/S ratio of 2.79.

On April 24, 2013, Southwest Bancorp Inc. reported net income available to common shareholders for the first quarter of 2013 of $2.4 million, or $0.12 per diluted share, compared to $1.0 million, or $0.05 per diluted share, for the fourth quarter of 2012. At March 31, 2013, total assets were $2.1 billion, down $30.6 million, or 1%, from Dec. 31, 2012, and total loans were $1.3 billion, down $51.5 million, or 4%, from Dec. 31, 2012, primarily in commercial real estate loans. Investment securities decreased $11.5 million, or 3%, to $365.6 million as of March 31, 2013, from $377.1 million as of Dec. 31, 2012. The investment portfolio is managed to provide safety, liquidity. and collateral for public funds and borrowings. The investment portfolio continues to be managed in compliance with the current investment policy, including interest rate and liquidity risk stress testing, and the average duration of the portfolio not exceeding four years.

Director J Berry Harrison sold 3,000 shares of OKSB stock on 05/01/2013 at the average price of $13.12. J Berry Harrison owns at least 90,526 shares after this. The price of the stock has increased by 1.52% since.

Special Opportunities Fund Inc. (SPE, Financial): CCO and CFO Gerald Hellerman Bought 2,000 Shares

CCO and CFO of Special Opportunities Fund Inc. (SPE) Gerald Hellerman bought 2,000 shares on 05/01/2013 at an average price of $17.08.

Insured Mun Fund is a closed-end, diversified management investment company whose investment objective is to achieve a high level of current income that is exempt from federal income tax, consistent with the preservation of capital. Special Opportunities Fund Inc. has a market cap of $116.2 million; its shares were traded at around $17.13 . The dividend yield of Special Opportunities Fund Inc. stocks is 3.40%.

On March 15, 2013, Special Opportunities Fund Inc. announced that the fund’s board of directors has declared a quarterly cash dividend on the fund’s 3.00% Convertible Preferred Stock, Series A. The dividend is payable on March 28, 2013, to holders of record as of March 27, 2013, at the rate of $0.35651 per share.

Vice President. and Treasurer Rajeev P Das bought 2,500 shares of SPE stock on 12/26/2012 at the average price of $14.97. Rajeev P. Das owns at least 2,500 shares after this. The price of the stock has increased by 14.43% since.

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