Weekly CFO Buys Highlight: Limelight Networks, Energy XXI, Hornbeck Offshore Services

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Mar 09, 2015

According to GuruFocus Insider Data, the recent CFO buys were: Limelight Networks Inc, Energy XXI Ltd, and Hornbeck Offshore Services Inc.

Limelight Networks Inc. (LLNW, Financial)

On 03/02/2015, SVP, CFO and Treasurer Peter J Perrone bought 58,823 shares at an average price of $3.4. The price of the stock has increased by 3.24% since. Limelight Networks Inc. has a market cap of $328.354 million and its shares were traded at around $3.51. The company has a P/S ratio of 2.13.

Limelight Networks Inc. announced its 2014 fourth-quarter results with revenues of $40.73 million and gross profit of $16.13 million; the net income was $5.01 million. The 2014 total revenue was $162.3 million, a 6% decrease from the 2013 total revenue. The 2014 gross profit was $63.41 million, a 3% increase from the 2013 gross profit. The 2014 net income was $24.59 million.

On 03/02/2015, CEO Robert A Lento bought 29,411 shares at an average price of $3.4. The price of the stock has increased by 3.24% since. On 03/02/2015, SVP Strat, Corp Dev and IR Sajid Malhotra bought 58,823 shares at an average price of $3.4. The price of the stock has increased by 3.24% since. On 03/02/2015, Senior Vice President-Dev. Kurt Silverman bought 58,823 shares at an average price of $3.4. The price of the stock has increased by 3.24% since.

Energy XXI Ltd (EXXI, Financial)

On 03/06/2015, CFO Bruce W Busmire bought 25,000 shares at an average price of $4.17. The price of the stock has decreased by 2.88% since. Energy XXI Ltd has a market cap of $448.345 million and its shares were traded at around $4.05. The company has a P/S ratio of 0.25 and dividend yield of 9.14%.

Energy XXI Ltd announced its 2014 fourth-quarter results with revenues of $357.76 million and gross profit of $233.62 million; the net income was $373.88 million. The 2014 total revenue was $1.23 billion, a 2% increase from the 2013 total revenue. The 2014 gross profit was $841.45 million, a flat rate from the 2013 gross profit. The 2014 net income was $59.11 million.

On 12/19/2014, President, Chairman, and CEO John D Schiller Jr. sold 150,000 shares at an average price of $3.19. The price of the stock has increased by 26.96% since. On 12/01/2014, Director Hill A Feinberg bought 25,000 shares at an average price of $3.3. The price of the stock has increased by 22.73% since. On 03/06/2015, Executive VP, CAO Hugh A. Menown sold 25,000 shares at an average price of $4.18. The price of the stock has decreased by 3.11% since.

Hornbeck Offshore Services Inc. (HOS, Financial)

On 03/02/2015, Executive Vice President and CFO James O Harp Jr. bought 10,000 shares at an average price of $19.86. The price of the stock has decreased by 0.35% since. Hornbeck Offshore Services Inc. has a market cap of $741.719 million and its shares were traded at around $19.79. The company has a P/E ratio of 8.20 and P/S ratio of 1.14. Over the past 10 years, Hornbeck Offshore Services Inc. had an annual average earnings growth of 6.30%.

Hornbeck Offshore Services Inc. announced its 2014 fourth-quarter results with revenues of $160.22 million and gross profit of $80.13 million; the net income was $19.17 million. The 2014 total revenue was $634.79 million, a 16% increase from the 2013 total revenue. The 2014 gross profit was $338.29 million, a 10% decrease from the 2013 gross profit. The 2014 net income was $88.53 million.

On 02/23/2015, President and CEO Todd M Hornbeck 10,464 shares at an average price of $19.09. The price of the stock has increased by 3.67% since. On 11/24/2014, Executive Vice President and COO Carl G Annessa sold 25,000 shares at an average price of $32.12. The price of the stock has decreased by 38.39% since. On 11/13/2014, Director Bernie W Stewart sold 4,000 shares at an average price of $30.9. The price of the stock has decreased by 35.95% since.