Weekly CFO Buys Highlight: Parkway Properties, IntriCon, SI Financial Grou, Ennis and Fair Isaac

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May 04, 2009
According to GuruFocus Insider Data, the largest CFO buys during the past week were Parkway Properties Inc., IntriCon Corp., SI Financial Group Inc., Ennis Inc., and Fair Isaac Corp.


Parkway Properties Inc. (PKY, Financial): Executive Vice President & CFO J Mitchell Collins Bought 4,000 Shares


Executive Vice President & CFO of Parkway Properties Inc. (PKY) J Mitchell Collins bought 4,000 shares on 04/27/2009 at an average price of $13.43. Parkway Properties Inc. is a self-administered self-managed real estate investment trust specializing in the acquisition ownership managementfinancing and leasing of office properties in the Southeastern United States and Texas. Parkway Properties Inc. has a market cap of $211.1 million; its shares were traded at around $13.73 with a P/E ratio of 3.7 and P/S ratio of 0.8. The dividend yield of Parkway Properties Inc. stocks is 9.5%. Parkway Properties Inc. had an annual average earning growth of 7% over the past 10 years.


Parkway Properties Inc. recently reported fiscal results for its first quarter 2009 ended. The company announced its net loss of $0.78 million. This is compared to the first quarter last year which included a net loss of $2.6 million. Steven G. Rogers, President and Chief Executive Officer stated, "We are pleased to report that we exceeded our 2009 first quarter budget by realizing funds from operations ("FFO") of $1.05 per diluted share, while maintaining portfolio occupancy and rent per square foot at the high end of our previous earnings outlook. Additionally, we are achieving the targeted expense reductions at both our operational and general and administrative levels.”


IntriCon Corp. (IIN, Financial): CFO Scott Longval Bought 1,425 Shares


CFO of IntriCon Corp. (IIN) Scott Longval bought 1,425 shares on 04/28/2009 at an average price of $2.87. IntriCon designs develops engineers and manufactures microminiaturized medical and electronic products. The Company supplies microminiaturized components systems and molded plastic parts primarily to the hearing instrument manufacturing industry as well as the computer government electronics telecommunications and medical equipment industries. The Company has facilities in the United States Asia and Europe. IntriCon Corp. has a market cap of $16.8 million; its shares were traded at around $3.1744 with and P/S ratio of 0.2.


Sell: Vice President-RTI Electronics Steven Binnix sold 5,000 shares of IIN stock on 11/24/2008 at the average price of $5; the price of the stock has decreased by 36.51% since.


SI Financial Group Inc. (SIFI, Financial): EVP, CFO & Treasurer Brian J Hull Bought 1,299 Shares


EVP, CFO & Treasurer of SI Financial Group Inc. (SIFI) Brian J Hull bought 1,299 shares on 04/27/2009 at an average price of $4.02. SI Financial Group Inc. has a market cap of $106.9 million; its shares were traded at around $4 with a P/E ratio of 37.1 and P/S ratio of 5.7. The dividend yield of SI Financial Group Inc. stocks is 1.9%.


SI Financial Group recently reported fiscal results for its quarter March 31, 2009. The company announced its net income of $56,000. This is compared to the same quarter last year which included a net income of $ 455,000. "The results for the first quarter continue to reflect the conservative approach we have taken since the start of the recession. Adding to the loan loss allowance and preserving capital is a strategy we believe is both prudent under the present economic conditions and one that will serve us well as conditions improve," commented Rheo A. Brouillard, President and Chief Executive Officer.


Buy: SVP & Sr. Credit Officer Michael J Moran bought 416 shares of SIFI stock on 03/09/2009 at the average price of $3.8 and 2,127 shares of SIFI stock on 04/28/2009 at the average price of $4.43; the price of the stock has decreased by 9.71% since. Buy: SVP & Senior Trust Officer David Weston bought 500 shares of SIFI stock on 12/10/2008 at the average price of $6; the price of the stock has decreased by 33.33% since. Buy: Director Michael R Garvey bought 1,499 shares of SIFI stock on 11/05/2008 at the average price of $7.5; the price of the stock has decreased by 46.67% since.


Ennis Inc. (EBF, Financial): Vice President-Finance and CFO Richard L Jr. Travis Bought 1,000 Shares


Vice President-Finance and CFO of Ennis Inc. (EBF) Richard L Jr Travis bought 1,000 shares on 04/30/2009 at an average price of $9.25. Ennis Inc. is one of the largest private-label printed business product suppliers in the United States. Ennis offers an extensive product line from simple to complex forms laser cut-sheets negotiable documents internal bank forms tags labels presentation folders commercial printing advertising specialties screen printed products and point-of-purchase display advertising that can be custom designed to customer needs. Ennis Inc. has a market cap of $242 million; its shares were traded at around $9.36 with a P/E ratio of 5.9 and P/S ratio of 0.4. The dividend yield of Ennis Inc. stocks is 6.7%. Ennis Inc. had an annual average earning growth of 10.1% over the past 10 years. GuruFocus rated Ennis Inc. the business predictability rank of 4.5-star.


Ennis Inc. recently reported fiscal results for its fourth quarter 2008 ended February 28, 2009. The company announced its total revenue of $117.3 million. This is compared to the same quarter last year which included total revenue of $149.5 million.


Buy: Director Michael J Schaefer bought 4,000 shares of EBF stock on 11/04/2008 at the average price of $11.85; the price of the stock has decreased by 21.01% since. Sell: Director Godfrey M Jr. Long sold 3,000 shares of EBF stock on 12/29/2008 at the average price of $11.13 and 800 shares of EBF stock on 12/31/2008 at the average price of $11.74; the price of the stock has decreased by 20.27% since.


Fair Isaac Corp. (FIC, Financial): EVP & CFO Thomas A. Bradley Bought 9,500 Shares


EVP & CFO of Fair Isaac Corp. (FIC) Thomas A Bradley bought 9,500 shares on 04/27/2009 at an average price of $16.85. Fair Isaac Corporation makes decisions smarter. The company's solutions and technologies for Enterprise Decision Management give businesses the power to automate processes and apply intelligence to every customer interaction. Through increasing the precision consistency and agility of their decisions Fair Isaac clients worldwide increase sales build customer value cut fraud losses manage credit risk reduce operational costs meet changing compliance demands and enter new markets profitably. Fair Isaac powers hundreds of billions of decisions each year in financial services insurance telecommunications retail consumer branded goods healthcare and the public sector. Fair Isaac Corp. has a market cap of $807.7 million; its shares were traded at around $16.54 with a P/E ratio of 11.3 and P/S ratio of 1.1. The dividend yield of Fair Isaac Corp. stocks is 0.5%. Fair Isaac Corp. had an annual average earning growth of 17.3% over the past 10 years. GuruFocus rated Fair Isaac Corp. the business predictability rank of 3-star.


FIC is in the portfolios of Mason Hawkins of Southeastern Asset Management, Andreas Halvorsen of Viking Global Investors LP, Third Avenue Management.


Sell: Ex. V.P., & CFO Charles M Osborne sold 27,769 shares of FIC stock on 02/09/2009 at the average price of $13.26 and 2,511 shares of FIC stock on 02/17/2009 at the average price of $11.81; the price of the stock has increased by 40.05% since. Buy: Director John S Mcfarlane bought 1,000 shares of FIC stock on 02/26/2009 at the average price of $10.95; the price of the stock has increased by 51.05% since. Sell: Sr. Vice President Laurent Pacalin sold 2,875 shares of FIC stock on 04/22/2009 at the average price of $15.19; the price of the stock has increased by 8.89% since.


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