Weekly CFO Buys Highlight: COSI, VIST, TCB, FIVE, VCBI

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Jul 30, 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:





Cosi Inc. (COSI, Financial): CFO William E. Koziel Bought 38,462 Shares


CFO of Cosi Inc. (COSI) William E. Koziel bought 38,462 shares on 07/20/2012 at an average price of $0.65. Cosi is a national premium convenience restaurant chain that has developed featured foods built around a secret, generations-old recipe for crackly crust flatbread. Cosi Inc. has a market cap of $38.3 million; its shares were traded at around $0.72 with and P/S ratio of 0.37.


Cosi Inc. reported that it had reduced its net loss for the first quarter ended April 2, 2012 by $1,012,000 or 47% to $(1,128,000), or $(0.02) per basic and diluted common share, compared with the net loss of $(2,140,000), or $(0.04) per basic and diluted common share, reported for the 2011 first quarter.


CEO and President Carin Stutz, CFO William E. Koziel, Vice President and General Counsel, CCO Vicki J. Baue bought shares of COSI stock.


VIST Financial Corp. (VIST, Financial): CFO Edward C. Barrett Bought 7,500 Shares


CFO of VIST Financial Corp. (VIST) Edward C. Barrett bought 7,500 shares on 07/24/2012 at an average price of $5.15. VIST FINANCIAL is a diversified financial services company headquartered at Wyomissing, Berks County, Penn. VIST Financial Corp. has a market cap of $80.61 million; its shares were traded at around $12.14 with a P/E ratio of 30.35 and P/S ratio of 0.96. The dividend yield of VIST Financial Corp. stocks is 1.65%.


VIST Financial Corp. announced 2011 fourth quarter and full year quarterly results. The Company's GAAP operating results for three months and twelve months ended Dec. 31, 2011, were significantly reduced by certain non-routine expenses, which primarily included a non-cash goodwill impairment charge of $25.1 million.


CFO Edward C. Barrett, Chief Risk Officer Gregory J. Barr and Controller Marc L. Levengood bought shares of VIST stock.


TCF Financial Corporation (TCB, Financial): CFO Michael Scott Jones Bought 6,391 Shares


CFO of TCF Financial Corporation (TCB) Michael Scott Jones bought 6,391 shares on 07/25/2012 at an average price of $10.03. TCF is a Wayzata, Minn.-based national financial holding company. TCF Financial Corporation has a market cap of $1.7 billion; its shares were traded at around $10.45 with and P/S ratio of 1.23. The dividend yield of TCF Financial Corporation stocks is 1.91%.


TCF Financial Corporation reported net income for the second quarter of 2012 of $31.5 million, compared with net income of $30.4 million in the second quarter of 2011 and a net loss of $282.9 million for the first quarter of 2012. Net interest income for the second quarter of 2012 increased $22.1 million, or 12.5 percent, compared with the second quarter of 2011.


Chairman & CEO William Allen Cooper, CFO Michael Scott Jones, and Managing Director Retail Lending Mark W. Rohde bought shares of TCB stock.


Five Below Inc. (FIVE, Financial): CFO and Secretary and Treasurer Kenneth R. Bull Bought 5,882 Shares


CFO and Secretary and Treasurer of Five Below Inc. (FIVE) Kenneth R. Bull bought 5,882 shares on 07/24/2012 at an average price of $17. Paramount Financial Corporation is a comprehensive asset management and business solution provider offering customers a wide range of integrated services including lease finance information technology consulting network design and implementation and staffing services. Five Below Inc has a market cap of $1.6 billion; its shares were traded at around $29.65 with and P/S ratio of 5.39.


President and CEO Thomas Vellios, CFO and Secretary and Treasurer Kenneth R. Bull and COO David A. Johnston bought shares of FIVE stock.


Virginia Commerce Bancorp Inc. (VCBI, Financial): Executive Vice President and CFO Mark S. Merrill Bought 3,600 Shares


Executive Vice President and CFO of Virginia Commerce Bancorp Inc. (VCBI) Mark S Merrill bought 3,600 shares on 07/25/2012 at an average price of $8.04. Virginia Commerce Bancorp Inc. is the holding company for Virginia Commerce Bank. Virginia Commerce Bancorp Inc. has a market cap of $264.65 million; its shares were traded at around $8.28 with a P/E ratio of 12.42 and P/S ratio of 1.76.


Virginia Commerce Bancorp Inc. reported its financial results for the second quarter of 2012. Net income available to common stockholders totaled $6.4 million, or $0.19 per diluted common share, for the second quarter of 2012. Total assets increased $219.5 million, or 7.8%, from $2.80 billion at June 30, 2011, to $3.02 billion at June 30, 2012, while sequentially increasing $63.1 million, or 2.1%, from $2.95 billion at March 31, 2012.


Executive Vice President and CFO Mark S. Merrill, Director Kenneth R. Lehman and Director Thomas E. Burdette bought shares of VCBI stock.


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