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Weekly CFO Buys Highlight

By: GuruFocus
Posted: 3/25/2013 11:29:00 AM
Referenced Stocks: CBB;CMLS;GTI;SKUL

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:



Cumulus Media Inc. ( CMLS ): Senior Vice President, Treasurer and CFO Joseph Patrick Hannan Bought 25,000 Shares

Senior Vice President, Treasurer and CFO of Cumulus Media Inc. ( CMLS ) Joseph Patrick Hannan bought 25,000 shares on 03/21/2013 at an average price of $3.3.

Cumulus Media Inc. is a Delaware corporation, organized in 2002, and successor by merger to an Illinois corporation with the same name that had been organized in 1997. Cumulus Media Inc. has a market cap of $582.852 million; its shares were traded at around $3.31 with a P/E ratio of 40.6 and P/S ratio of 0.5015.

On March 18, 2013, Cumulus Media Inc. reported financial results for the three months and year ended Dec. 31, 2012. Net revenues for the three months ended Dec. 31, 2012 increased $2.9 million, or 1.0%, to $284.2 million, compared to $281.3 million for the three months ended Dec. 31, 2011. This increase reflects the impact of an increase in political advertising.

Director and 10% Owner Radio Investors LLC Crestview bought 1,478,228 shares of CMLS stock on 12/14/2012 at the average price of 2.41. Radio Investors LLC Crestview owns at least 60,635,311 shares after this. The price of the stock has increased by 37.34% since.

Skullcandy Inc. ( SKUL ): Senior Vice President and AND CFO Kyle B. Wescoat Bought 15,000 Shares

Senior Vice President and CFO of Skullcandy Inc. ( SKUL ) Kyle B. Wescoat bought 15,000 shares on 03/14/2013 at an average price of $5.25.

Skullcandy Inc. was incorporated in Delaware in 2003. Skullcandy Inc. has a market cap of $154.4 million; its shares were traded at around $5.57 with a P/E ratio of 6.1 and P/S ratio of 0.5.

On March 7, 2013, Skullcandy Inc. announced financial results for the fourth quarter and full year ended Dec. 31, 2012. Net sales in the fourth quarter of 2012 increased 21.0% to $101.0 million from $83.4 million in the same quarter of the prior year.North America net sales in the fourth quarter increased 12.0% to $82.7 million from $73.8 million in the same quarter of the prior year. International net sales in the fourth quarter increased 90.2% to $18.3 million from $9.6 million in the same quarter of the prior year. The increase in North America net sales was primarily driven by increased Astro Gaming sales of $13.6 million. The increase in international net sales was primarily driven by increased sales in Europe.

10% Owner Ptarmagin LLC sold 26,000 shares of SKUL stock on 10/16/2012 at the average price of $12.62. Llc Ptarmagin, owns at least 6,735,050 shares after this. The price of the stock has decreased by 55.86% since.

Cincinnati Bell Inc. ( CBB ): CFO Kurt Freyberger Bought 15,000 Shares

CFO of Cincinnati Bell Inc. ( CBB ) Kurt Freyberger bought 15,000 shares on 03/14/2013 at an average price of $3.33.

Cincinnati Bell Inc. is an Ohio corporation, incorporated under the laws of Ohio in 1983. Cincinnati Bell Inc. has a market cap of $674.92 million; its shares were traded at around $3.33 with a P/E ratio of 20.8 and P/S ratio of 0.4625. Cincinnati Bell Inc had an annual average earnings growth of 5.8% over the past five years.

Vice President and General Counsel Christopher J. Wilson sold 257,757 shares of CBB stock on 12/10/2012 at the average price of $5.07. Christopher J. Wilson owns at least 159,583 shares after this. The price of the stock has decreased by 34.32% since.

GrafTech International Ltd. ( GTI ): Vice President and CFO Lindon G. Robertson Bought 14,000 Shares

Vice President and CFO of GrafTech International Ltd. ( GTI ) Lindon G. Robertson bought 14,000 shares on 03/15/2013 at an average price of $7.27.

GrafTech International Ltd. was founded in 1886 by the National Carbon Company. Graftech International Ltd. has a market cap of $1.01 billion; its shares were traded at around $7.45 with a P/E ratio of 8.8652 and P/S ratio of 0.8338. Graftech International Ltd. had an annual average earnings growth of 1.8% over the past 10 years.

On Feb. 26, 2013, GrafTech International Ltd. announced financial results for the fourth quarter and year ended Dec. 31, 2012. Net sales increased seven percent to $371 million compared to net sales of $348 million in the fourth quarter of 2011. EBITDA was $66 million, up 26 percent versus the same quarter last year. This includes a $9 million non-cash pension related charge; the fourth quarter of 2011 included a similar charge of $22 million. Excluding this charge for the fourth quarter of both years, adjusted EBITDA was $75 million for the fourth quarter in 2012, or flat versus the same period in 2011. Net income was $29 million, or $0.21 per diluted share, versus $57 million, or $0.39 per diluted share, in the fourth quarter of 2011. The fourth quarter of 2011 included a $26 million non-cash discrete tax benefit. Excluding this tax item and the pension related charges, fourth quarter 2012 adjusted net income was $34 million, or $0.25per diluted share, compared to fourth quarter 2011 adjusted net income of $45 million, or $0.31 per diluted share.

Director Ferrell P. McClean sold 12,800 shares of GTI stock on 12/26/2012 at the average price of $9.15. Ferrell P. McClean owns at least 80,898 shares after this. The price of the stock has decreased by 18.58% since.

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 .