Weekly CFO Sells Highlight: Energy XXI Ltd, Active Power Inc, RiceBran Technologies.

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Dec 08, 2014

According to GuruFocus Insider Data the recent CFO buys were: Energy XXI Ltd, Active Power Inc, and RiceBran Technologies.

Energy XXI Ltd (EXXI, Financial): CFO Bruce W Busmire bought 20,000 shares

On 12/01/2014, CFO Bruce W Busmire bought 20,000 shares at an average price of $3.90. The price of the stock has decreased by 15.9% since. Energy Xxi Ltd has a market cap of $376.418 million and its shares were traded at around $3.28. The company has a P/S ratio of 0.24 with a dividend yield of 14.63%. Over the past five years, Energy XXI Ltd had an annual average earnings growth of 6.20%.

Energy XXI Ltd announced their 2014 third-quarter results with revenues of $403.2 million and gross profit of $251.5 million; the net income was $6.4 million. The 2014 total revenue was $1.23 billion, a 2% increase from the 2013 total revenue. The 2014 gross profit was $841.4 million, a 0.7% decrease from the 2013 gross profit. The 2014 net income was $59.1 million.

On 06/30/2014, Chairman and CEO John D Jr Schiller bought 1,058 shares at an average price of $20.09. The price of the stock has decreased by 83.67% since. On 12/01/2014, Director Hill A Feinberg bought 25,000 shares at an average price of $3.30. The price of the stock has decreased by 0.61% since. On 11/18/2014, Director Scott A Griffiths bought 10,000 shares at an average price of $6.63. The price of the stock has decreased by 50.53% since.

Active Power Inc. (ACPW, Financial): CFO James Powers bought 14,000 shares

On 12/02/2014, CFO James Powers bought 14,000 shares at an average price of $1.87. The price of the stock has decreased by 1.6% since. Active Power Inc. has a market cap of $43.412 million and its shares were traded at around $1.84. The company has a P/S ratio of 0.83.

Active Power Inc. announced their 2014 second quarter results with revenues of $10.15 million and gross profit of $1.9 million; the net income was $4.4 million. The 2013 total revenue was $61.7 million, a 19% increase from the 2012 total revenue. The 2013 gross profit was $19.4 million, a 22% increase from the 2012 gross profit. The 2013 net income was $8.4 million.

On 12/02/2014, President and CEO Mark A Ascolese bought 16,369 shares at an average price of $1.86. The price of the stock has decreased by 1.08% since. On 12/02/2014, Director Robert S Greenberg bought 2,660 shares at an average price of $1.88. The price of the stock has decreased by 2.13% since. On 12/02/2014, VP of Glo. Sales and Marketing Randall J Adleman bought 30,000 shares at an average price of $1.87. The price of the stock has decreased by 1.6% since.

RiceBran Technologies (RIBT, Financial): CFO and Secretary Dale Belt bought 5,000 shares

On 12/01/2014, CFO and Secretary Dale Belt bought 5,000 shares at an average price of $4. The price of the stock has decreased by 6.25% since. RiceBran Technologies has a market cap of $38.059 million and its shares were traded at around $3.75. The company has a P/S ratio of 0.30.

RiceBran Technologies announced their 2014 third-quarter results with revenues of $10.41 million and gross profit of $965,000; the net income was $3.7 million. The 2013 total revenue was $35.1 million, a 7% increase from the 2012 total revenue. The 2013 gross profit was $3.9 million, a 35% decrease from the 2012 gross profit. The 2013 net income was $15 million.

On 11/19/2014, CEO W John Short bought 5,000 shares at an average price of $3.96. The price of the stock has decreased by 5.3% since. On 11/20/2014, Director David Goldman bought 5,000 shares at an average price of $4.12. The price of the stock has decreased by 8.98% since. On 11/19/2014, Director Peter A Woog bought 15,000 shares at an average price of $4.10. The price of the stock has decreased by 8.54% since.