Weekly CFO Buys Highlight: The Pep BoysManny Moe & Jack, ProLogis, Republic First Bancorp Inc., General Finance Corp., NCI Building Systems Inc., DEX ONE Corp.

Weekly CFO Buys Highlight: PBY, PLD, FRBK, GFN ,NCS, DEXO

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Jul 04, 2010
According to GuruFocus Insider Data, the largest CFO buys during the past week were Fox Chase Bancorp Inc. New, The Pep BoysManny Moe & Jack, ProLogis, Republic First Bancorp Inc., General Finance Corp., NCI Building Systems Inc., and DEX ONE Corp.


The Pep BoysManny Moe & Jack (PBY, Financial): EVP-CFO Raymond L Arthur Bought 11,800 Shares


EVP-CFO of The Pep BoysManny Moe & Jack (PBY) Raymond L Arthur bought 11,800 shares on 07/01/2010 at an average price of $8.4. Pep Boys - MM&J is a automotive retail and service chain. The Pep Boysmanny Moe & Jack has a market cap of $434.3 million; its shares were traded at around $8.28 with a P/E ratio of 18.7 and P/S ratio of 0.3. The dividend yield of The Pep Boysmanny Moe & Jack stocks is 1.4%.


The Pep Boys announced results for the thirteen weeks (first quarter) ended May 1, 2010. Sales for the thirteen weeks ended May 1, 2010 increased by $13.5 million, or 2.7%, to $510.0 million from $496.5 million for the thirteen weeks ended May 2, 2009. Net earnings for the first quarter of fiscal 2010 increased to $12.0 million ($0.23 per share) from $10.9 million ($0.21 per share) recorded in the same period last year.


PBY is in the portfolios of Chuck Royce of Royce& Associates, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors.


President & CEO R. Odell Michael, EVP-CFO Raymond L Arthur, and Director James A Mitarotonda bought shares of PBY stock.


ProLogis (PLD, Financial): CFO William E Sullivan Bought 10,000 Shares


CFO of ProLogis (PLD) William E Sullivan bought 10,000 shares on 06/24/2010 at an average price of $10.76. ProLogis is a real estate investment trust that operates a global network of industrial distribution facilities. Prologis has a market cap of $4.61 billion; its shares were traded at around $9.67 with a P/E ratio of 14.6 and P/S ratio of 3.7. The dividend yield of Prologis stocks is 6.1%.


ProLogis reported financial results for the for the first quarter of 2010. ProLogis reported a net loss of $0.19 per diluted share for the first quarter of 2010, compared with net income of $0.66 for the same period in 2009. Included in 2010 results are charges of approximately $53.6 million, or $0.12 per diluted share, related to losses on early extinguishment of debt and the company's share of fund-related derivative losses.


PLD is in the portfolios of Third Avenue Management, Jeremy Grantham of GMO LLC, Bruce Kovner of Caxton Associates, Jim Simons of Renaissance Technologies LLC, Chris Davis of Davis Selected Advisers, Steven Cohen of SAC Capital Advisors.


CEO Walter C Rakowich, CFO William E Sullivan, and Director J Andre Teixeira sold shares of PLD stock.


Republic First Bancorp Inc. (FRBK, Financial): CFO Frank A. Cavallaro Bought 10,000 Shares


CFO of Republic First Bancorp Inc. (FRBK) Frank A. Cavallaro bought 10,000 shares on 06/24/2010 at an average price of $2. REPUBLIC FST BC is a two-bank holding company. Its wholly-owned subsidiaries, FirstRepublic Bank, and Republic First Bank of Delaware, offer banking services to individuals and businesses throughout the Greater Philadelphia, Delaware and South Jersey area. Republic First Bancorp Inc. has a market cap of $19.7 million; its shares were traded at around $1.86 with and P/S ratio of 0.5.


Republic First Bancorp, Inc. announced its financial results for the period ending March 31, 2010. During the first quarter of 2010, the Company recorded a net loss of $3.9 million, or $0.37 per share, compared to a net loss of $2.4 million, or $0.23 per share, for the fourth quarter 2009.


CFO Frank A. Cavallaro, Director William W Batoff, and Director Robert J Coleman bought FRBK stock.


General Finance Corp. (GFN, Financial): CFO Charles E Barrantes Bought 9,500 Shares


CFO of General Finance Corp. (GFN) Charles E Barrantes bought 9,500 shares on 06/25/2010 at an average price of $1.5. General Finance Corp. has a market cap of $22.4 million; its shares were traded at around $1.25 with and P/S ratio of 0.1.


General Finance Corporation announced its consolidated financial results for the third quarter ended March 31, 2010. Charles Barrantes, General Finance’s Executive Vice President and Chief Financial Officer added, “We have generated free cash flow of $32.2 million over the trailing twelve months, which has enabled us to reduce long-term debt by $29.1 million. As part of our continuing efforts to reduce leverage, we recently announced that we have made a rights offering to holders of our common stock to purchase units, consisting of one share of our common stock and a three-year warrant to purchase 0.5 additional shares of common stock at an exercise price of $4.00 per share. The units are offered at $1.50 each. The prospectus will be mailed to common stock holders of record as of May 14th and the offering period will expire on June 15, 2010. The net proceeds of the rights offering will primarily be used to reduce our indebtedness.”


CFO Charles E Barrantes, General Counsel, VP, Secy Christopher A Wilson, and President of Royal Wolf Robert Allan bought shares of GFN stock.


NCI Building Systems Inc. (NCS, Financial): CFO Mark E Johnson Bought 1,178 Shares


CFO of NCI Building Systems Inc. (NCS) Mark E Johnson bought 1,178 shares on 07/01/2010 at an average price of $8.41. NCI Building Systems, Inc. is an integrated manufacturers of metal products for the building industry. Nci Building Systems Inc. has a market cap of $154.3 million; its shares were traded at around $8.54 with and P/S ratio of 0.2.


NCS is in the portfolios of Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors, George Soros of Soros Fund Management LLC.


Navigant Consulting, Inc. announced financial results for the first quarter ended March 31, 2010. Net income increased $1 million year over year to $6 million for first quarter 2010. GAAP earnings per share totaled $0.13 for first quarter 2010 compared to $0.11 for first quarter 2009. Revenue before reimbursements (RBR) for first quarter 2010 was $154 million compared to $153 million for fourth quarter 2009 and $167 million for first quarter 2009.


Chairman, President & CEO Norman C Chambers, CFO Mark E Johnson, and Director George Martinez bought shares of NCS stock.


DEX ONE Corp. (DEXO, Financial): EVP & CFO Steven M Blondy Bought 1,000 Shares


EVP & CFO of DEX ONE Corp. (DEXO) Steven M Blondy bought 1,000 shares on 06/29/2010 at an average price of $20. Dex One Corporation is a marketing services company that offers local businesses personalized marketing consulting services and exposure across a broad network of local marketing products including its official print, online and mobile yellow pages and search solutions. Dex One Corp. has a market cap of $954.3 million; its shares were traded at around $19.08 with and P/S ratio of 0.5.


Dex One Corporation reported first quarter 2010 combined adjusted net revenue(1,2) of $469 million, representing a 22 percent decline from first quarter 2009 net revenue. Advertising sales in the quarter were $456 million, down 19 percent from advertising sales a year ago.


DEXO is in the portfolios of John Paulson of Paulson & Co., Third Avenue Management, Steven Cohen of SAC Capital Advisors.


EVP & CFO Steven M Blondy, Director W. Kirk Liddell, and Director W. Kirk Liddell bought shares of DEXO stock.


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