Weekly CFO Buys Highlight: Logitech International SA, Sussex Bancorp, and Brookline Bancorp Inc.

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May 04, 2015

According to GuruFocus Insider Data, the recent CFO buys were: Logitech International SA (LOGI, Financial), Sussex Bancorp (SBBX, Financial), and Brookline Bancorp Inc. (BRKL, Financial).

Logitech International SA (LOGI, Financial): CFO Vincent Pilette bought 6,850 shares

On 04/28/2015, CFO Vincent Pilette bought 6,850 shares at an average price of $14.67. The price of the stock has increased by 2.79% since. Logitech International SA has a market cap of $2.45 billion and its shares were traded at around $15.08. The company has a P/E ratio of 19.60 and P/S ratio of 1.17 with a dividend yield of 1.76%.

Logitech International SA announced its 2014 fourth-quarter results with revenues of $634.2 million and gross profit of $231.28 million; the net income was $62.78 million. The 2014 total revenue was $2.13 billion, a 1% increase from the 2013 total revenue. The 2014 gross profit was $727.87 million, a 3% increase from the 2013 gross profit. The 2014 net income was $74.3 million.

On 04/27/2015, President and CEO Bracken Darrell bought 12,950 shares at an average price of $15.12. The price of the stock has decreased by 0.26% since. On 04/28/2015, Director Daniel Borel sold 150,000 shares at an average price of $14.57. The price of the stock has increased by 3.5% since. On 04/24/2015, Sr. VP, Worldwide Operations L. Joseph Sullivan bought 186,250 shares at an average price of $15.05. The price of the stock has increased by 0.2% since.

Sussex Bancorp (SBBX, Financial): SEVP/CFO and Treasurer Steven Mark Anthony Fusco bought 3,000 shares

On 05/01/2015, SEVP/CFO and Treasurer Steven Mark Anthony Fusco bought 3,000 shares at an average price of $11.30. The price of the stock has decreased by 0% since. Sussex Bancorp has a market cap of $52.252 million and its shares were traded at around $11.30. The company has a P/E ratio of 19.90 and P/S ratio of 2.16 with a dividend yield of 1.15%.

Sussex Bancorp announced its 2014 fourth-quarter results with revenues of $6.96; the net income was $723 thousand. The 2014 total revenue was $27.26 million, a 6% increase from the 2013 total revenue. The 2014 net income was $2.6 million.

On 05/01/2015, Director Charles A. Musilli bought 865 shares at an average price of $11.24. The price of the stock has increased by 0.53% since. On 03/02/2015, Director Richard Branca bought 5 shares at an average price of $10.70. The price of the stock has increased by 5.61% since. On 03/03/2015, President and CEO Anthony J. Labozzetta bought 177 shares at an average price of $10.74. The price of the stock has increased by 5.21% since.

Brookline Bancorp Inc. (BRKL, Financial): CFO Carl M. Carlson bought 5,000 shares

On 04/29/2015, CFO Carl M. Carlson bought 5,000 shares at an average price of $10.99. The price of the stock has decreased by 2.64% since. Brookline Bancorp Inc. has a market cap of $815.768 million and its shares were traded at around $10.68. The company has a P/E ratio of 17.40 and P/S ratio of 3.61 with a dividend yield of 3.18%. Over the past 10 years, Brookline Bancorp Inc. had an annual average earnings growth of 5.40%.

Brookline Bancorp Inc. announced its 2014 fourth-quarter results with revenues of $59.9; the net income was $10.79 million. The 2014 total revenue was $236.63 million, a 7% increase from the 2013 total revenue. The 2014 net income was $42.77 million.

On 04/28/2015, Director Charles H. Peck sold 25,000 shares at an average price of $10.98. The price of the stock has decreased by 2.73% since. On 04/27/2015, Director Joseph J. Slotnik bought 5,000 shares at an average price of $11.01. The price of the stock has decreased by 3% since. On 12/01/2014, Director Margaret Boles Fitzgerald bought 2,700 shares at an average price of $9.40. The price of the stock has increased by 13.62% since.