Non-Exec at Kofax stocks up

20th Mar 2012 16:19

Mark Wells, a non-executive director at Kofax, a provider of capture driven process automation solutions, bought 15,000 at 302.00p each this week.The £45,300 purchase comes one month after the firm reported a 31% slide in profit to $3.8m for the quarter ended December 31st. Total revenues for the quarter grew 3.7% to $70.0m (2010: $67.5m), and for the six months 5.2% to $128.5m (2010: $122.2m). Profit for the six months fell 40.6% to $6.5m (2010: $11.0m).Cash generated from operations for the six months was $0.7m (2010: $17.2m). Quarter end cash was $62.3m (2010: $69.0m). The share price has lost 35%, or 165p, over the past year, although has scrapped back over 1% in the past month. Top Director BuysKofax (KFX) Director name: Mr Mark WellsAmount purchased: 15,000 @ 302.00p Value: £45,300Interserve (IRV) Director name: Mr Dougie SutherlandAmount purchased: 6,700 @ 294.80p Value: £19,752Top Director SellsWood Group (John) (WG.) Director name: Mr Alan G SempleAmount sold: 211,794 @ 743.00p Value: £1,573,629Signet Jewelers Ltd. (SIG) Director name: Mr Michael BarnesAmount sold: 30,534 @ 3,149.14p Value: £961,558Wood Group (John) (WG.) Director name: Mr Allister G LanglandsAmount sold: 199,206 @ 743.00p Value: £1,480,101Wood Group (John) (WG.) Director name: Mr Alan G SempleAmount sold: 200,000 @ 728.00p Value: £1,456,000Wood Group (John) (WG.) Director name: Mr Les ThomasAmount sold: 161,527 @ 743.00p Value: £1,200,146Wood Group (John) (WG.) Director name: Mr Mark PapworthAmount sold: 161,527 @ 743.00p Value: £1,200,146Petrofac Ltd. (PFC) Director name: Mr Ayman AsfariAmount sold: 68,321 @ 1,706.81p Value: £1,166,110Petrofac Ltd. (PFC) Director name: Mr Marwan Chedid Amount sold: 43,920 @ 1,706.81p Value: £749,631Wood Group (John) (WG.) Director name: Mr Mike StraughenAmount sold: 84,163 @ 743.00p Value: £625,331Mandarin Oriental International (Singapore) (MDO) Director name: Mr Andrew HirstAmount sold: 68,000 @ $1.58 Value: $107,698