Weekly CFO Buys Highlight: EMC, DVOX, NANX, CPRX, CCRN

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Jun 04, 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:





EMC Corp. (EMC, Financial): CFO Edward H. Dickinson Bought 30,000 Shares


CFO of EMC Corp. (EMC) Edward H. Dickinson bought 30,000 shares on 05/29/2012 at an average price of $0.08. EMC Corp. and its subsidiaries design, manufacture, market and support a wide range of hardware and software products and provide services for the storage, management, protection and sharing of electronic information. EMC Corp. has a market cap of $48.02 billion; its shares were traded at around $23.17 with a P/E ratio of 17.43 and P/S ratio of 2.4. EMC Corp. had an annual average earnings growth of 29.3% over the past 10 years.


EMC Corp. reported strong financial results for the first quarter of 2012. First-quarter consolidated revenue was $5.1 billion, an increase of 11% compared with the year-ago quarter. First-quarter GAAP net income attributable to EMC increased 23% year over year to $587 million.


Chairman, President and CEO Joseph M. Tucci, Executive Vice President and CFO David I. Goulden, and Executive Vice President and Chief Marketing Officer Jeremy Burton sold shares of EMC stock.


CFO Edward H. Dickinson bought shares of EMC stock.


DynaVox Inc.-A (DVOX, Financial): CFO Kenneth D. Misch Bought 20,000 Shares


CFO of DynaVox Inc.-A (DVOX) Kenneth D. Misch bought 20,000 shares on 05/30/2012 at an average price of $1.43. DynaVox Inc. is engaged in developing and marketing software, devices and content to assist people in overcoming their speech, language or learning disabilities. DynaVox Inc.-A has a market cap of $13.04 million; its shares were traded at around $1.24 with a P/E ratio of 4.77 and P/S ratio of 0.12.


DynaVox announced results for the third quarter ended March 30, 2012. For the third quarter ended March 30, 2012, net sales decreased 16% to $24.0 million, compared to net sales of $28.7 million for the third quarter ended April 1, 2011. Third quarter GAAP net loss was $14.1 million, or $1.33 per share, compared to GAAP net income of $0.7 million, or $0.07 per share, for the same quarter a year ago.


CFO Kenneth D. Misch bought shares of DVOX stock.


Nanophase Tech (NANX, Financial): CFO Frank Cesario Bought 17,410 Shares


CFO of Nanophase Tech (NANX) Frank Cesario bought 17,410 shares on 05/29/2012 at an average price of $0.41. Nanophase Technologies Corporation practices Nanotechnology, which involves creating nanostructured materials by controlling matter at the nanometer-size scale — at the level of atoms and molecules. Nanophase Tech has a market cap of $10.18 million; its shares were traded at around $0.48 with and P/S ratio of 1.05.


Nanophase Technologies Corporation reported financial results for the first quarter, ended March 31, 2012. Revenue for the quarter was $2.4 million, down slightly when compared to $2.8 million in the first quarter of 2011. The net loss for the quarter was $0.8 million, or a loss of $0.04 per share, compared to a net loss of $0.6 million, or $0.03 per share, for the comparable 2011 quarter.


President, CEO Jess Jankowski, CFO Frank Cesario, and 10% Owner Bradford T. Whitmore bought shares of NANX stock.


Catalyst Pharma (CPRX, Financial): Vice President, Treasurer and CFO Alicia Grande Bought 17,300 Shares


Vice President, Treasurer and CFO of Catalyst Pharma (CPRX) Alicia Grande bought 17,300 shares on 05/30/2012 at an average price of $0.57. Catalyst Pharma is a biopharmaceutical company focused on the development and commercialization of prescription drugs for the treatment of addiction and obsessive compulsive disorders. Catalyst Pharma has a market cap of $14.07 million; its shares were traded at around $0.57 with and P/S ratio of 28.78.


Catalyst Pharmaceutical Partners Inc. announced its financial results for the three month period ended March 31, 2012. The company reported a net loss of $1,089,186, or $0.04 per basic and diluted share, compared to a net loss of $1,517,136, or $0.08 per basic and diluted share, for the same period in 2011.


President and CEO, 10% Owner Patrick J. McEnany, Vice President, Treasurer and CFO Alicia Grande, and Director Charles B. O'keeffe bought shares of CPRX stock.


Cross Country (CCRN, Financial): CFO Emil Hensel Bought 12,000 Shares


CFO of Cross Country (CCRN) Emil Hensel bought 12,000 shares on 05/25/2012 at an average price of $3.97. Cross Country Inc. is a provider of healthcare staffing services. Cross Country has a market cap of $133.81 million; its shares were traded at around $4.35 with a P/E ratio of 33.46 and P/S ratio of 0.27.-


Cross Country Healthcare Inc. reported revenue of $126.7 million in the first quarter ended March 31, 2012, a 4% increase from revenue of $122.0 million in the prior year quarter and a 2% increase sequentially from the fourth quarter of 2011.


President and CEO Joseph Boshart, CFO Emil Hensel, and Director W Larry Cash bought shares of CCRN stock.


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