Weekly CFO Buys: Highlight Medidata Solutions, Ladenburg Thalmann Financial Services, Sterling Construction Company, Maguire Properties, Reddy Ice Holdings, Solutia Inc., Keryx Biopharmaceuticals

Weekly CFO Buys

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Jun 27, 2009
According to GuruFocus Insider Data, the largest CFO buys during the past week were Medidata Solutions Inc. (MDSO, Financial), Ladenburg Thalmann Financial Services Inc. (LTS, Financial), Sterling Construction Company Inc (STRL, Financial), Maguire Properties Inc. (MPG, Financial), Reddy Ice Holdings Inc. (FRZ, Financial), Solutia Inc. (SOA, Financial), and Keryx Biopharmaceuticals Inc. (KERX, Financial).

Medidata Solutions Inc. (MDSO): EVP & CFO Bruce D Dalziel Bought 12,000 Shares

EVP & CFO of Medidata Solutions Inc. (MDSO) Bruce D Dalziel bought 12,000 shares on 06/25/2009 at an average price of $14.

Buy: EVP-Product & Marketing Lineene Norris Krasnow bought 700 shares of MDSO stock on 06/25/2009 at the average price of $14; the price of the stock has increased by 16.5% since. Buy: Director Robert Taylor bought 5,000 shares of MDSO stock on 06/25/2009 at the average price of $14; the price of the stock has increased by 16.5% since.

Ladenburg Thalmann Financial Services Inc. (LTS): Vice President and CFO Brett Kaufman Bought 10,000 Shares

Vice President and CFO of Ladenburg Thalmann Financial Services Inc. (LTS) Brett Kaufman bought 10,000 shares on 06/17/2009 at an average price of $0.71. Ladenburg Thalmann Financial Services is a holding company engaged in the retail and institutional securities brokerage business and through its subsidiary GBI Capital Partners Inc.(formerly Gaines Berland Inc. provide investment banking and research services. Ladenburg Thalmann Financial Services In has a market cap of $75.3 million; its shares were traded at around $0.45 with and P/S ratio of 0.6.

Ladenburg Thalmann recently reported fiscal results for its first quarter 2009 ended March 31, 2009. The company announced its total revenue of $33.29 million and net loss of $6.24 million ($0.04 per diluted share). This is compared to the same quarter last year which included total revenues of $28.79 million and a net loss of $1.03 million ($0.01 per diluted share).

Buy: President and CEO Richard Lampen bought 5,000 shares of LTS stock on 05/27/2009 at the average price of $0.75, 10,000 shares of LTS stock on 03/30/2009 at the average price of $0.53, 10,000 shares of LTS stock on 03/18/2009 at the average price of $0.6, and 5,000 shares of LTS stock on 06/10/2009 at the average price of $0.71; the price of the stock has decreased by 36.62% since. Buy: Director, 10% Owner Phillip Md Et Al Frost bought 10,000 shares of LTS stock on 06/10/2009 at the average price of $0.7 and 1,900 shares of LTS stock on 06/17/2009 at the average price of $0.66; the price of the stock has decreased by 31.82% since. Buy: Director Richard J Rosenstock bought 5,000 shares of LTS stock on 06/10/2009 at the average price of $0.71; the price of the stock has decreased by 36.62% since. Buy: Executive Vice President Mark Zeitchick bought 5,000 shares of LTS stock on 06/10/2009 at the average price of $0.69; the price of the stock has decreased by 34.78% since. Buy: Director Richard J Rosenstock bought 5,000 shares of LTS stock on 05/28/2009 at the average price of $0.75; the price of the stock has decreased by 40% since.

Sterling Construction Company Inc (STRL): Senior Vice President & CFO James H Jr Allen Bought 5,000 Shares

Senior Vice President & CFO of Sterling Construction Company Inc (STRL) James H Jr Allen bought 5,000 shares on 06/24/2009 at an average price of $13.25. Sterling Construction Company Inc. is a holding company which has historically operated as a wholesale distributor to the automotive aftermarket and construction through two subsidiaries Steel City Products and Dowling's Fleet Service. Sterling Construction Company Inc has a market cap of $202.1 million; its shares were traded at around $15.3 with a P/E ratio of 10.1 and P/S ratio of 0.4.

Sell: CEO Patrick T Manning sold 7,500 shares of STRL stock on 06/24/2009 at the average price of $12.99, 14,679 shares of STRL stock on 06/17/2009 at the average price of $14.64, 3,623 shares of STRL stock on 03/02/2009 at the average price of $14.43, and 2,789 shares of STRL stock on 06/25/2009 at the average price of $14.49; the price of the stock has increased by 5.59% since. Sell: Director Christopher H B Mills sold 25,000 shares of STRL stock on 06/08/2009 at the average price of $17.33, 25,000 shares of STRL stock on 06/05/2009 at the average price of $17.36, 25,000 shares of STRL stock on 06/04/2009 at the average price of $17.46, and 339 shares of STRL stock on 06/15/2009 at the average price of $14.66; the price of the stock has increased by 4.37% since.

Maguire Properties Inc. (MPG): EVP,CFO Shant Koumriqian Bought 5,000 Shares

EVP,CFO of Maguire Properties Inc. (MPG) Shant Koumriqian bought 5,000 shares on 06/22/2009 at an average price of $0.92. Maguire Properties Inc. has a market cap of $40.9 million; its shares were traded at around $0.85 with a P/E ratio of 3.6 and P/S ratio of 0.1. Maguire Properties Inc. had an annual average earning growth of 26.7% over the past 5 years.

Maguire Properties Inc. recently reported fiscal results for its first quarter 2009 ended March 31, 2009. The company announced its total revenue of $133.33 million and net loss of $53.9 million ($1.13 per diluted share). This is compared to the same quarter last year which included total revenue of $138.75 and a net loss of $48.6 million ($1.03 per diluted share).

MPG is in the portfolios of Daniel Loeb of Third Point, LLC.Ă‚

Buy: Director Christine Garvey bought 35,000 shares of MPG stock on 03/05/2009 at the average price of $0.89 and 1,000 shares of MPG stock on 05/07/2009 at the average price of $1.58; the price of the stock has decreased by 46.2% since. Buy: Executive Vice President Douglas J. Gardner bought 15,000 shares of MPG stock on 03/20/2009 at the average price of $0.54; the price of the stock has increased by 57.41% since.

Reddy Ice Holdings Inc. (FRZ): Exec. VP, CFO & Secretary Steven J Janusek Bought 3,100 Shares

Exec. VP, CFO & Secretary of Reddy Ice Holdings Inc. (FRZ) Steven J Janusek bought 3,100 shares on 06/23/2009 at an average price of $1.6. Reddy Ice manufactures and distributes packaged ice under the Reddy Ice brand name. Reddy Ice Holdings Inc. has a market cap of $35.6 million; its shares were traded at around $1.6 with a P/E ratio of 2.5 and P/S ratio of 0.1.

Reddy Ice Holdings Inc. recently reported fiscal results for its fourth quarter 2008 ended December 31, 2008. The company announced its total revenues of $57.9 million and a net loss of $0.44 per diluted share. This is compared to the same quarter last year which included total revenues of $64.3 million and a net loss of $0.30 per diluted share. "

_ recently reported fiscal results for its _ quarter 200_ ended _. The company announced its total _ of $_ and net _ of $_ ($_ per diluted share). This is compared to the same quarter last year which included total _ of $_ and a net _ of $_ ($_ per diluted share). _

Buy: CEO & President Gilbert M. Cassagne bought 12,750 shares of FRZ stock on 04/16/2009 at the average price of $1.55, 6,250 shares of FRZ stock on 04/16/2009 at the average price of $1.6, 13,300 shares of FRZ stock on 04/13/2009 at the average price of $1.5, 19,950 shares of FRZ stock on 04/03/2009 at the average price of $1.5, and 12,500 shares of FRZ stock on 06/23/2009 at the average price of $1.6; the price of the stock has decreased by 0% since. Buy: Sr VP - National Acct Sales Steven A. Wilson bought 2,600 shares of FRZ stock on 06/19/2009 at the average price of $1.58; the price of the stock has increased by 1.27% since. Buy: VP-Finance & Treasurer Mark A Steffek bought 16,945 shares of FRZ stock on 03/16/2009 at the average price of $1.48; the price of the stock has increased by 8.11% since. Buy: Director Michael H Rauch bought 2,500 shares of FRZ stock on 03/13/2009 at the average price of $1.4; the price of the stock has increased by 14.29% since. Buy: Senior VP - Central Operations Graham D Davis bought 500 shares of FRZ stock on 12/30/2008 at the average price of $1.5; the price of the stock has increased by 6.67% since. Sell: Activist Value Fund L Shamrock sold 80,000 shares of FRZ stock on 05/27/2009 at the average price of $1.94; the price of the stock has decreased by 17.53% since.

Solutia Inc. (SOA): Executive VP, CFO & Treasurer James M Sullivan Bought 3,000 Shares

Executive VP, CFO & Treasurer of Solutia Inc. (SOA) James M Sullivan bought 3,000 shares on 06/24/2009 at an average price of $5. Solutia is a market-leading performance materials and specialty chemicals company. The company focuses on providing solutions for a better life through a range of products including: Saflex(r) interlayer for laminated glass; CPFilms(r) aftermarket window films sold under the LLumar(r) brand and others; high-performance nylon polymers and fibers sold under brands such as Vydyne(r) and Wear-Dated(r); and technical specialties including the Flexsys(r) family of chemicals for the rubber industry Skydrol(r) aviation hydraulic fluid and Therminol(r) heat transfer fluid. Solutia's businesses are world leaders in each of their market segments. With its headquarters in St. Louis Missouri USA the company operates globally with approximately six thousand employees in more than sixty locations. SOLUTIA, INC. has a market cap of $573.3 million; its shares were traded at around $6.08 with a P/E ratio of 16.4 and P/S ratio of 0.2.

Solutia, Inc. recently reported fiscal results for its first quarter 2009 ended March 31, 2009. The company announced its total revenue of $399 million and net income of $155 million. This is compared to the same quarter last year which included total revenue of $182 million and a net income of $210 million.

SOA is in the portfolios of John Keeley of Keeley Fund Management, Charles Brandes of Brandes Investment.Ă‚

Buy: President, CEO & Chairman Jeffry N Quinn bought 5,000 shares of SOA stock on 05/22/2009 at the average price of $5 and 20,000 shares of SOA stock on 06/24/2009 at the average price of $5; the price of the stock has increased by 21.6% since.Buy: Director Robert A Peiser bought 4,000 shares of SOA stock on 06/24/2009 at the average price of $5; the price of the stock has increased by 21.6% since. Buy: Executive VP Global Operations James R Voss bought 4,000 shares of SOA stock on 06/24/2009 at the average price of $5; the price of the stock has increased by 21.6% since. Buy: Sr. V-P, GC & Chief Admin Ofcr III Paul J. Berra bought 1,500 shares of SOA stock on 06/24/2009 at the average price of $5; the price of the stock has increased by 21.6% since. Buy: Sr. V-P Business Operations Robert T Debolt bought 3,000 shares of SOA stock on 06/24/2009 at the average price of $5; the price of the stock has increased by 21.6% since. Buy: Director W T Jagodinski bought 10,000 shares of SOA stock on 06/24/2009 at the average price of $5; the price of the stock has increased by 21.6% since.

Keryx Biopharmaceuticals Inc. (KERX): CFO James F Iii Oliviero Bought 2,750 Shares

CFO of Keryx Biopharmaceuticals Inc. (KERX) James F Iii Oliviero bought 2,750 shares on 06/23/2009 at an average price of $0.9. Keryx Biophamaceutical Inc. uses data discovered through the mapping of the human genome to generate drug candidates that target the regulation of protein kinases. Protein kinases play a key role in the way cells communicate. Keryx Biopharmaceuticals Inc. has a market cap of $48 million; its shares were traded at around $0.9998 with and P/S ratio of 37.4.

Keryx Biopharmaceuticals Inc. recently reported fiscal results for its first quarter 2009 ended March 31, 2009. The company announced its total revenue of $3.3 million and net income of $0.45 million ($0.01 per diluted share). This is compared to the same quarter last year which included total revenue of $0.2 million and a net loss of $34.5 million ($0.79 per diluted share).

Buy: CEO Ron Bentsur bought 80,000 shares of KERX stock on 05/22/2009 at the average price of $0.37 and 5,560 shares of KERX stock on 06/23/2009 at the average price of $0.9; the price of the stock has increased by 11.09% since. Buy: Director Wyche Jr Fowler bought 20,000 shares of KERX stock on 06/04/2009 at the average price of $1.05; the price of the stock has decreased by 4.78% since. Buy: Director Michael P. Tarnok bought 40,000 shares of KERX stock on 05/26/2009 at the average price of $0.46; the price of the stock has increased by 117.35% since. Buy: Director Jack Kaye bought 35,000 shares of KERX stock on 05/22/2009 at the average price of $0.43; the price of the stock has increased by 132.51% since.

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