Non-Exec at Kofax stocks up

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).

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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 Buys

Kofax (KFX)

Director name: Mr Mark Wells

Amount purchased: 15,000 @ 302.00p

Value: £45,300

Interserve (IRV)

Director name: Mr Dougie Sutherland

Amount purchased: 6,700 @ 294.80p

Value: £19,752

Top Director Sells

Wood Group (John) (WG.)

Director name: Mr Alan G Semple

Amount sold: 211,794 @ 743.00p

Value: £1,573,629

Signet Jewelers Ltd. (SIG)

Director name: Mr Michael Barnes

Amount sold: 30,534 @ 3,149.14p

Value: £961,558

Wood Group (John) (WG.)

Director name: Mr Allister G Langlands

Amount sold: 199,206 @ 743.00p

Value: £1,480,101

Wood Group (John) (WG.)

Director name: Mr Alan G Semple

Amount sold: 200,000 @ 728.00p

Value: £1,456,000

Wood Group (John) (WG.)

Director name: Mr Les Thomas

Amount sold: 161,527 @ 743.00p

Value: £1,200,146

Wood Group (John) (WG.)

Director name: Mr Mark Papworth

Amount sold: 161,527 @ 743.00p

Value: £1,200,146

Petrofac Ltd. (PFC)

Director name: Mr Ayman Asfari

Amount sold: 68,321 @ 1,706.81p

Value: £1,166,110

Petrofac Ltd. (PFC)

Director name: Mr Marwan Chedid

Amount sold: 43,920 @ 1,706.81p

Value: £749,631

Wood Group (John) (WG.)

Director name: Mr Mike Straughen

Amount sold: 84,163 @ 743.00p

Value: £625,331

Mandarin Oriental International (Singapore) (MDO)

Director name: Mr Andrew Hirst

Amount sold: 68,000 @ $1.58

Value: $107,698