Weekly CFO Buys Highlight: NGL, PENN, CNET, PTEK, SPIN, LINC

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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:



Norseman Gold Plc ( NGL ): CEO and CFO H. Michael Krimbill Bought 50,000 Shares

CEO and CFO of Norseman Gold Plc ( NGL ) H. Michael Krimbill bought 50,000 shares on 11/27/2012 at an average price of $23.27. NGL Energy Partners LP is a limited partnership operating a vertically integrated propane business with three operating segments: retail propane; wholesale supply and marketing; and midstream. NGL Energy Partners LP has a market cap of $1.03 billion; its shares were traded at around $22.6 with a P/E ratio of 94.17 and P/S ratio of 0.79. The dividend yield of NGL Energy Partners LP stocks is 7.96%.

CEO and CFO H. Michael Krimbill and Director Stephen L. Cropper bought shares of NGL stock.

NGL Logistics President Brian K. Pauling sold shares of NGL stock.

Penn National Gaming ( PENN ): CFO William J. Clifford Bought 43,000 Shares

CFO of Penn National Gaming ( PENN ) William J. Clifford bought 43,000 shares on 11/21/2012 at an average price of $46.89. Penn National Gaming Inc. are a diversified gaming and pari-mutuel wagering company. Penn National Gaming has a market cap of $3.89 billion; its shares were traded at around $50.68 with a P/E ratio of 21.09 and P/S ratio of 1.42.

CFO William J. Clifford bought shares of PENN stock.

Director Robert P. Levy, Senior Vice President Corporate Development Steven T. Snyder, and Senior Vice President Regional Operations Thomas Burke sold shares of PENN stock.

ChinaNet Online Holdings Inc. ( CNET ): CFO, 10% Owner Zhige Zhang Bought 23,472 Shares

CFO, 10% Owner of ChinaNet Online Holdings Inc. ( CNET ) Zhige Zhang bought 23,472 shares during the past week at an average price of $1.02. ChinaNet Online Holdings, Inc. operates as a full-service media development and advertising platform for the small and medium enterprise market in the People's Republic of China. Chinanet Online Holdings Inc. has a market cap of $22.85 million; its shares were traded at around $1.02 with and P/S ratio of 0.8.

ChinaNet Online Holdings Inc. announced financial results for the third quarter of 2012. Revenues increased by $3.9 million to $10.3 million for the three months ended Sept. 30, 2012 compared to the three months ended Sept. 30, 2011, representing a 60% increase.

CEO and President, 10% Owner Handong Cheng, CFO, 10% Owner Zhige Zhang, and 10% Owner Xuanfu Liu bought shares of CNET stock.

PokerTek Inc. ( PTEK ): CEO and CFO Mark Daniel Roberson Bought 15,000 Shares

CEO and CFO of PokerTek Inc. ( PTEK ) Mark Daniel Roberson bought 15,000 shares on 11/30/2012 at an average price of $0.73. PokerTek Inc. was formed to develop and market the PokerPro system, an electronic poker table that provides a fully-automated poker room environment, to tribal casinos, commercial casinos, and card clubs. Pokertek Inc. has a market cap of $5.96 million; its shares were traded at around $0.72 with and P/S ratio of 0.92.

PokerTek Inc. reported financial results for the period ended Sept. 30, 2012. Total revenue was $3.8 million for the first nine months of 2012 compared to $5.2 million in 2011, a reduction of 25.7%. For the third quarter, total revenue was $1.1 million in 2012 compared to $1.7 million in 2011, a reduction of 34.2%.

CEO and CFO Mark Daniel Roberson, Director Joseph J. Lahti, and President, 10% Owner James T. Crawford III bought shares of PTEK stock.

Spine Pain Management Inc. ( SPIN ): CFO John R. Bergeron Bought 10,000 Shares

CFO of Spine Pain Management Inc. ( SPIN ) John R. Bergeron bought 10,000 shares on 11/26/2012 at an average price of $0.6.

Spine Pain Management Inc. announced its financial results for its third quarter and nine month period ended Sept. 30, 2012. The company reported gross revenue net of allowance for discounts ("net revenue") of $947,000 for third quarter 2012. This compares to net revenue of $1.8 million for the comparable three month period of 2011 and $919,000 for the second quarter of 2012.

CEO, 10% Owner William Donovan and CFO John R. Bergeron bought shares of SPIN stock.

Lincoln Educational Services Corporation ( LINC ): Executive Vice President, CFO and Treasurer Cesar Ribeiro Bought 7,500 Shares

Executive Vice President, CFO and Treasurer of Lincoln Educational Services Corporation ( LINC ) Cesar Ribeiro bought 7,500 shares on 11/21/2012 at an average price of $3.74. Lincoln Educational is a and diversified for-profit provider of a career-oriented post-secondary education headquartered in West Orange, New Jersey. Lincoln Educational Services Corporation has a market cap of $88.25 million; its shares were traded at around $3.83 with and P/S ratio of 0.17. The dividend yield of Lincoln Educational Services Corporation stocks is 7.24%. Lincoln Educational Services Corporation had an annual average earnings growth of 18.4% over the past 5 years.

Lincoln Educational Services Corporation reported its third quarter results. Revenue of $104.1 million for the third quarter of 2012, a decrease of 15.7% from $123.5 million for the third quarter of 2011. Loss per share of $0.07 for the third quarter of 2012 as compared to loss per share of $0.18 for the third quarter of 2011.

President and CEO Shaun Mcalmont and Executive Vice President, CFO and Treasurer Cesar Ribeiro bought shares of LINC stock.

For the complete list of stocks that were bought by their CFOs, go to: Insider Buys.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: CNET , NGL , PENN , PTEK , SPIN

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