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Weekly CEO Buys Highlight: PSEC, DEER, GBDC, BFS, DPS

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guruyt

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Last week’s top five CEO buys were Prospect Capital Corp, Deer Consumer Products Inc, Golub Capital BDC Inc, Saul Centers Inc, and DR PEPPER SNAPPLE GP.

According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Prospect Capital Corp. (PSEC): CEO John F Barry Bought 105,391 Shares

CEO of Prospect Capital Corp. (PSEC) John F Barry bought 105,391 shares on 09/03/2010 at an average price of $9.79. Prospect Capital Corporation is a closed-end investment company that lends to and invests in private and microcap public businesses. Prospect Capital Corp. has a market cap of $741.4 million; its shares were traded at around $9.79 with a P/E ratio of 11.9 and P/S ratio of 6.6. The dividend yield of Prospect Capital Corp. stocks is 12.3%. Prospect Capital Corp. had an annual average earning growth of 36.8% over the past 5 years.

For the year ended June 30, 2010, our net investment income was $66.5 million, an increase of 12.3% from the prior year on a dollars basis. On a weighted average share basis, net interest income declined from $1.87 for the year ended June 30, 2009 to $1.12 for the year ended June 30, 2010. This decline was primarily the result of raising additional equity capital early in the year ended June 30, 2010 in order to complete the acquisition of Patriot Capital Funding, Inc. ("Patriot") in December 2009 as well as to make new investments in the fourth fiscal quarter.

Buy: CFO,CCO,Treasurer,Secretary Brian H Oswald bought 5,875 shares of PSEC stock on 09/01/2010 at the average price of 9.25. Brian H Oswald owns at least 13,000 shares after this. The price of the stock has increased by 5.84% since. Other insiders have also increased their positions in the company.

Deer Consumer Products Inc. (DEER): CEO, 10% Owner Ying He Bought 100,000 Shares

CEO, 10% Owner of Deer Consumer Products Inc. (deer) Ying He bought 100,000 shares on 09/03/2010 at an average price of $8.12. Deer Consumer Products Inc. has a market cap of $272.7 million; its shares were traded at around $8.12 with a P/E ratio of 11.3 and P/S ratio of 3.3.

Revenues for the second quarter of 2010 were $34.45 million, an increase of approximately 125% from $15.31 million in the second quarter 2009. Deer attributes the significant revenue increase to organic growth in the high margin China domestic market which grew 579% year over year. In addition, Deer continues to experience strong organic growth from its global markets.

Sell: Head of Asia Pacific Man Wai James Chiu sold 941,740 shares of deer stock on 03/22/2010 at the average price of 11. The price of the stock has decreased by 26.18% since.

Golub Capital BDC Inc. (GBDC): CEO, 10% Owner David Golub Bought 38,736 Shares

CEO, 10% Owner of Golub Capital BDC Inc. (GBDC) David Golub bought 38,736 shares during the past week at an average price of $14.74. Golub Capital BDC Inc. is a business development company that principally invests in senior secured, unitranche, mezzanine and second lien loans of middle-market companies that are, in most cases, sponsored by private equity investors. Golub Capital Bdc Inc. has a market cap of $104.7 million; its shares were traded at around $14.74 . The dividend yield of Golub Capital Bdc Inc. stocks is 1.6%.

John Griffin bought 689,655 shares in the quarter that ended on 06/30/2010, which is 0.17% of the $5.73 billion portfolio of Blue Ridge Capital.

Buy: Chairman, 10% Owner Lawrence E Golub bought 17,936 shares of GBDC stock on 09/08/2010 at the average price of 14.63. Lawrence E Golub owns at least 9,167,332 shares after this. The price of the stock has increased by 0.75% since. Other insiders have also increased their positions in the company.

Saul Centers Inc. (BFS): CEO, 10% Owner B Francis Saul Ii Bought 9,917 Shares

CEO, 10% Owner of Saul Centers Inc. (BFS) B Francis Saul Ii bought 9,917 shares during the past week at an average price of $43.54. SAUL CENTERS, INC. is a real estate investment trust which is engaged in the management and development of the shopping center business of the Saul Organization. Saul Centers Inc. has a market cap of $798.9 million; its shares were traded at around $43.54 with and P/S ratio of 4.9. The dividend yield of Saul Centers Inc. stocks is 3.3%. Saul Centers Inc. had an annual average earning growth of 0.7% over the past 10 years.

Sell: Sr. Vice President-Leasing Christopher Netter sold 4,000 shares of BFS stock on 04/08/2010 at the average price of 41.42. Christopher Netter owns at least 625 shares after this. The price of the stock has increased by 5.12% since.

DR PEPPER SNAPPLE GP (DPS): President & CEO Larry D Young Bought 5,000 Shares

President & CEO of DR PEPPER SNAPPLE GP (DPS) Larry D Young bought 5,000 shares on 09/10/2010 at an average price of $34.73. DR PEPPER SNAPPLE Group is one of the largest beverage companies in the Americas. Dr Pepper Snapple Gp has a market cap of $8.3 billion; its shares were traded at around $34.73 with a P/E ratio of 16.4 and P/S ratio of 1.5. The dividend yield of Dr Pepper Snapple Gp stocks is 2.9%.

DPS recently reported second quarter 2010 diluted earnings of $0.74 per share compared to $0.62 per share in the prior year period. Year-to-date, the company reported earnings of $1.09 per diluted share compared to $1.14 per share in the prior year period. Excluding a separation-related foreign deferred tax charge in the current year and a net gain on certain distribution agreement changes in the prior year, the company earned $1.14 per diluted share compared to $0.99 in the prior year-to-date period.

Whitney Tilson bought 5,400 shares in the quarter that ended on 06/30/2010, which is 0.09% of the $223 million portfolio of T2 Partners Management, LP. John Keeley owns 1,346,300 shares as of 06/30/2010, which accounts for 0.9% of the $5.56 billion portfolio of Keeley Fund Management. Steve Mandel sold out his holdings in the quarter that ended on 06/30/2010.

Buy: Executive Vice President & CFO Martin M Ellen bought 2,000 shares of DPS stock on 09/10/2010 at the average price of 34.91. Martin M Ellen owns at least 12,000 shares after this. The price of the stock has decreased by 0.52% since. There are mixed trades from other insiders.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Rating: 2.6/5 (5 votes)

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