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According to GuruFocus Insider Data, these are the largest CFO buys during the past week: First BanCorp. (NYSE:FBP), Pacific Sunwear of California Inc. (NASDAQ:PSUN), Liquidity Services Inc. (NASDAQ:LQDT), LeCroy Corp. (LCRY), and Micrel Inc. (NASDAQ:MCRL). For the complete list of stocks that bought by their CFOs, go to: Insider Buys.

First BanCorp.: CFO Fernando Scherrer Bought 25,000 Shares

CFO of First BanCorp. Fernando Scherrer bought 25,000 shares on 02/12/2009 at an average price of $5.12; the price of the stock has decreased by 3.32% since. First BanCorp distinguished itself by providing innovative marketing strategies and novel products to attract clients. Besides the branches and lending offices the Corporation has offered a telephone information service called `Telebanco` since 1983. This was the first telebanking service offered in Puerto Rico.

The Corporation's clients have access to an extensive ATM network all over the world. The Corporation was the first in Puerto Rico to open on weekends and the first to offer in-store branches to its clients. First BanCorp. has a market cap of $657.75 million; its shares were traded at around $4.95 with a P/E ratio of 11.3 and P/S ratio of 0.52. The dividend yield of First BanCorp. stocks is 3.94%. First BanCorp. had an annual average earning growth of 11.1% over the past 10 years.

First BanCorp. recently reported fiscal results for its fourth quarter 2008 ended December 31, 2008. The company announced its net income of $18.8 million ($0.09 per diluted share). This is compared to the fourth quarter last year which included a net loss of $7.4 million ($0.03 per diluted share).

Director Perello Jose F Rodriguez bought 20,000 shares of FBP stock on 02/12/2009 at the average price of $5.03; the price of the stock has decreased by 1.59% since. EVP and General Counsel Lawrence Odell bought 20,000 shares of FBP stock on 02/12/2009 at the average price of $5.05; the price of the stock has decreased by 1.98% since. EVP, Chief Risk Officer Nayda Rivera bought 8,000 shares of FBP stock on 02/12/2009 at the average price of $5.03; the price of the stock has decreased by 1.59% since.

Director Cortada Jose Menendez bought 5,000 shares of FBP stock on 02/12/2009 at the average price of $5.08; the price of the stock has decreased by 2.56% since. Director Amaro Fernando Rodriguez bought 1,410 shares of FBP stock on 02/12/2009 at the average price of $5066; the price of the stock has decreased by 99.9% since.

Director Diaz Jorge L Irizarry bought 11,000 shares of FBP stock on 11/04/2008 at the average price of $10.59 and 6,000 shares of FBP stock on 02/12/2009 at the average price of $5; the price of the stock has decreased by 1% since. SEVP & COO, Director Aurelio Aleman bought 30,000 shares of FBP stock on 02/12/2009 at the average price of $5.08; the price of the stock has decreased by 2.56% since.

Pacific Sunwear of California Inc.: CFO Michael Henry Bought 10,000 Shares

CFO of Pacific Sunwear of California Inc. Michael Henry bought 10,000 shares on 02/10/2009 at an average price of $1.17; the price of the stock has increased by 30.77% since. Pacific Sunwear of CA Inc. and its wholly-owned subsidiaries is a leading specialty retailer of everyday casual apparel accessories and footwear designed to meet the needs of active teens and young adults. The company operates three nationwide primarily mall-based chains of retail stores under the names ``Pacific Sunwear`` (as well as ``PacSun``) ``Pacific Sunwear (PacSun) Outlet`` and ``d.e.m.o.`` Pacific Sunwear of California Inc. has a market cap of $82.11 million; its shares were traded at around $1.53 with a P/E ratio of 8.1 and P/S ratio of 0.06.

Pacific Sunwear of California Inc. recently reported fiscal results for its third quarter 2008 ended November 18, 2008. The company announced its operating losses of $3.5 million. This is compared to the third quarter last year which included operating income of $17.1 million. "It's been well reported that consumer spending decelerated significantly in the September/October period, and we certainly saw this in our own results for the quarter. To strengthen our financial position in this economic downturn, we are focused on reducing our inventory, capital expenditures, and other expenses," commented Sally Frame Kasaks, Chief Executive Officer. "We remain encouraged by our e-commerce business, which continues to experience strong growth supported, in part, by enhancements to our website and supply chain."

Charles Brandes bought 71,585 shares in the quarter that ended on 09/30/2008, which is less than 0.01% of the $27.58 billion portfolio of Brandes Investment. HOTCHKIS & WILEY owns 3,205,659 shares as of 09/30/2008, an increase of 144.03% from the previous quarter. This position accounts for 0.14% of the $15.02 billion portfolio of HOTCHKIS & WILEY Capital Management LLC. NWQ Managers owns 8,546,967 shares as of 09/30/2008, which accounts for 0.28% of the $20.62 billion portfolio of NWQ Investment Management Co. Arnold Van Den Berg owns 844,123 shares as of 09/30/2008, which accounts for 0.24% of the $2.39 billion portfolio of Century Management. Richard Snow owns 4,768,244 shares as of 12/31/2008, a decrease of 29.5% of from the previous quarter. This position accounts for 0.33% of the $2.29 billion portfolio of Snow Capital Management, L.P.

CEO Sally Frame Kasaks bought 200,000 shares of PSUN stock on 11/24/2008 at the average price of $1.12 and 50,000 shares of PSUN stock on 02/09/2009 at the average price of $1.13; the price of the stock has increased by 35.4% since. Director Peter Starrett bought 25,000 shares of PSUN stock on 12/05/2008 at the average price of $1.76, 25,000 shares of PSUN stock on 01/13/2009 at the average price of $1.36, and 50,000 shares of PSUN stock on 02/11/2009 at the average price of $1.28; the price of the stock has increased by 19.53% since. Director Grace Nichols bought 10,000 shares of PSUN stock on 11/24/2008 at the average price of $1.13 and 10,000 shares of PSUN stock on 02/09/2009 at the average price of $1.14; the price of the stock has increased by 34.21% since. Director Brett Brewer bought 10,000 shares of PSUN stock on 12/11/2008 at the average price of $1.73; the price of the stock has decreased by 11.56% since. Director William C Cobb bought 25,000 shares of PSUN stock on 12/11/2008 at the average price of $1.75; the price of the stock has decreased by 12.57% since. Director Thomas M Murnane bought 4,900 shares of PSUN stock on 12/08/2008 at the average price of $2.05; the price of the stock has decreased by 25.37% since.

Liquidity Services Inc.: CFO, Treasure James M Rallo Bought 8,250 Shares

CFO, Treasure of Liquidity Services Inc. James M Rallo bought 8,250 shares on 02/11/2009 at an average price of $5.76; the price of the stock has increased by 2.26% since. Liquidity Services Inc. is a leading online auction marketplace for wholesale surplus and salvage assets. LSI enables its corporate and government sellers to enhance their financial return on excess assets by providing a liquid marketplace and value-added services that integrate sales and marketing logistics and transaction settlement into a single offering. LSI has developed and deployed highly successful online sales programs on a significant scale for clients including large corporations and government agencies to maximize the market reach and recovery value of surplus assets in a timely manner. Liquidity Services Inc. has a market cap of $199.88 million; its shares were traded at around $5.89 with a P/E ratio of 16.8 and P/S ratio of 0.76.

Liquidity Services Inc. recently reported fiscal results for its first quarter 2009 ended December 31, 2008. The company announced its total revenue of $55.6 million, net income of $2.1 thousand ($0.00 per diluted share). This is compared to the first quarter last year which included total revenues of $5.9 million.

Bill Angrick, Chairman and CEO of LSI, said:

Q1-09 was a challenging quarter for LSI as the economic downturn severely impacted our operating results. Our scrap business declined 45% from the prior year due to a decrease in commodity prices. Margins in our commercial business were impacted by aggressive in-store discounting by retailers, which reduced the volumes and prices of goods in the secondary marketplace. We also cleared our remaining aged inventory to ramp up new programs with commercial clients and close our Las Vegas facility due to overlap with our two California distributions centers.

However, despite these challenges, LSI grew consolidated GMV by 21% over the prior year’s comparable period. Our surplus business GMV grew approximately 17% over the prior year’s comparable period. Going forward, our new Surplus Contract will benefit from the terms of a recent contract modification which reduces our inventory cost by approximately 45%. During Q1-09, our commercial business GMV grew approximately 5% over the prior year period driven by a 37% increase in GMV from our consignment model, despite a weak October and November in which we saw retail clients freeze shipments and slash prices of first quality goods in the store. Our GovDeals business GMV was up 22% versus the prior year and added $15.6 million in consignment GMV for the first quarter. Our buyer marketplace continues to deliver strong results for our sellers as we ended the quarter with over 1,045,000 registered buyers, which is up approximately 44% over the prior year period, including the addition of 46,000 new registered buyers in the first quarter. Transaction volume was up 71% over the prior year period illustrating that our marketplace is increasingly attractive to buyers in a down economy.

LeCroy Corp.: VP Finance & CFO Sean B Oconnor Bought 10,700 Shares

VP Finance & CFO of LeCroy Corp. Sean B Oconnor bought 10,700 shares during the past week at an average price of $1.78. LeCroy Corporation is a worldwide leader in serial data test solutions creating advanced instruments that drive product innovation by quickly measuring analyzing and verifying complex electronic signals. The Company offers high-performance oscilloscopes serial data analyzers and global communications protocol test solutions used by design engineers in the computer/semiconductor/consumer electronics data storage automotive/industrial and military/aerospace markets. LeCroy's forty-year heritage of technical innovation is the foundation for its recognized leadership in `WaveShape Analysis` - capturing viewing and measuring the high-speed signals that drive today's information and communications technologies. LeCroy is headquartered in Chestnut Ridge New York. LeCroy Corp. has a market cap of $28.21 million; its shares were traded at around $1.63 with a P/E ratio of 5.3 and P/S ratio of 0.18.

LeCroy Corp. recently reported fiscal results for its second quarter 2009 ended December 27, 2008. The company announced its total revenues of $39.1 million, net loss of $106.8 million ($8.93 per diluted share). This is compared to the second quarter last year which included total revenue of $40.6 million, a net income of $1.2 billion ($0.10 per diluted share).

LeCroy President and Chief Executive Officer Tom Reslewic said:

External market conditions have triggered the impairment of the goodwill on our balance sheet primarily related to our two protocol acquisitions, CATC and Catalyst. While we are disappointed that we must take this significant non-cash goodwill impairment charge, it does not affect our liquidity, or our banking relationships and agreements, and our ability to capitalize on growth opportunities and execute on our product roadmap remains strong.

President & CEO, Director Thomas H Reslewic bought 5,000 shares of LCRY stock on 01/30/2009 at the average price of $2.32, 4,000 shares of LCRY stock on 02/04/2009 at the average price of $1.96, 2,700 shares of LCRY stock on 02/05/2009 at the average price of $1.76, 2,000 shares of LCRY stock on 02/10/2009 at the average price of $1.6, and 1,000 shares of LCRY stock on 02/11/2009 at the average price of $1.65; the price of the stock has decreased by 1.21% since. Director Robert Edwin Anderson bought 10,000 shares of LCRY stock on 02/06/2009 at the average price of $2.2; the price of the stock has decreased by 25.91% since.

Director Robert W Chlebek bought 1,000 shares of LCRY stock on 02/06/2009 at the average price of $1.65; the price of the stock has decreased by 1.21% since. Director William G Scheerer bought 2,000 shares of LCRY stock on 02/05/2009 at the average price of $1.8; the price of the stock has decreased by 9.44% since. Director Norman R Robertson bought 5,000 shares of LCRY stock on 02/05/2009 at the average price of $1.8; the price of the stock has decreased by 9.44% since. Director Allyn C Jr Woodward bought 2,000 shares of LCRY stock on 01/30/2009 at the average price of $2.29; the price of the stock has decreased by 28.82% since.

Micrel Inc.: VP Finance/CFO Ray Wallin Bought 8,000 Shares

VP Finance/CFO of Micrel Inc. Ray Wallin bought 8,000 shares on 02/11/2009 at an average price of $6.25; the price of the stock has increased by 25.12% since. Micrel Inc. is a leading global manufacturer of IC solutions for the worldwide analog Ethernet and high bandwidth markets. The Company's products include advanced mixed-signal analog and power semiconductors; high performance communication clock management Ethernet switch and physical layer transceiver ICs. Company customers include leading manufacturers of enterprise consumer industrial mobile telecommunications automotive and computer products. Corporation headquarters and state-of-the-art wafer fabrication facilities are located in San Jose CA with regional sales and support offices and advanced technology design centers situated throughout the Americas Europe and Asia. In addition the Company maintains an extensive network of distributors and sales representatives worldwide. Micrel Inc. has a market cap of $522.08 million; its shares were traded at around $7.82 with a P/E ratio of 17.4 and P/S ratio of 2.02. The dividend yield of Micrel Inc. stocks is 1.84%. Micrel Inc. had an annual average earning growth of 57.7% over the past 5 years.

Micrel Inc. recently reported fiscal results for its fourth quarter 2008 ended December 31, 2008. The company announced its total revenues of $55.2 million, net income of $4.9 million ($0.07 per diluted share).

Ray Zinn, President and CEO of Micrel, said:

The economic downturn and its impact on demand from our customers were more dramatic than we originally anticipated. As market conditions continued to weaken during the quarter, nearly all of our customers significantly reduced their orders and took actions to lower inventories. While this impacted our results in the quarter, I continue to be pleased with our operating execution and expense management. During the fourth quarter, total operating expenses were 10% lower than the third quarter. The Company has also maintained its quarterly dividend and stock repurchase programs. I am confident that we are taking the right steps to weather the current economic storm and prosper once market conditions stabilize.

Director Daniel Heneghan bought 20,000 shares of MCRL stock on 02/11/2009 at the average price of $6.25; the price of the stock has increased by 25.12% since. VP HBW Products Thomas Wong bought 25,000 shares of MCRL stock on 02/11/2009 at the average price of $6.25; the price of the stock has increased by 25.12% since. Director Neil Miotto bought 5,000 shares of MCRL stock on 02/11/2009 at the average price of $6.25; the price of the stock has increased by 25.12% since. Director Michael J Callahan bought 1,000 shares of MCRL stock on 02/11/2009 at the average price of $6.25; the price of the stock has increased by 25.12% since. VP Sales Mark Lunsford bought 8,000 shares of MCRL stock on 02/11/2009 at the average price of $6.25; the price of the stock has increased by 25.12% since.

Director Frank Schneider bought 15,000 shares of MCRL stock on 02/11/2009 at the average price of $6.25; the price of the stock has increased by 25.12% since. VP Analog Engineering David Schie bought 1,000 shares of MCRL stock on 02/11/2009 at the average price of $6.25; the price of the stock has increased by 25.12% since. Co-founder Raymond D Zinn bought 3,600 shares of MCRL stock on 11/28/2008 at the average price of $7.31, 5,868 shares of MCRL stock on 12/05/2008 at the average price of $6.17, and 200,000 shares of MCRL stock on 02/11/2009 at the average price of $6.25; the price of the stock has increased by 25.12% since.

Source: Five Largest CFO Buys