Weekly CEO Buys Highlight: Human Genome Sciences Inc, Winmark Corp, Kaman Corp, Diamond Foods Inc.

Author's Avatar
Jan 09, 2011
Last week’s top stocks that were bought by their CEOs were Human Genome Sciences Inc, Winmark Corp, Kaman Corp, and Diamond Foods Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Human Genome Sciences Inc. (HGSI, Financial): CEO Thomas Watkins Bought 60,000 Shares

CEO of Human Genome Sciences Inc. (HGSI) Thomas Watkins bought 60,000 shares on 01/05/2011 at an average price of $25.33. Human Genome Sciences is a biopharmaceutical company with a pipeline of novel compounds in clinical development, including drugs to treat such diseases as hepatitis C, lupus, anthrax disease, cancer, rheumatoid arthritis and HIV/AIDS. Human Genome Sciences Inc. has a market cap of $4.78 billion; its shares were traded at around $25.33 with and P/S ratio of 17.3.

HGS reported revenues for the quarter ended September 30, 2010 of $50.8 million, compared with revenues of $18.8 million for the same period in 2009. Revenues primarily included $36.1 million recognized from payments previously received under the ZALBINâ„¢ agreement with Novartis, $7.3 million recognized from sales and deliveries of raxibacumab to the U.S. Strategic National Stockpile, and $5.1 million from manufacturing and development services other than raxibacumab.

Andreas Halvorsen owns 1,042,121 shares as of 09/30/2010, a decrease of 46.97% of from the previous quarter. This position accounts for 0.34% of the $9.24 billion portfolio of Viking Global Investors LP.

Sell: Sr. VP, Operations Curran Simpson sold 22,903 shares of HGSI stock on 10/01/2010 at the average price of 29.79. Curran Simpson owns at least 25,281 shares after this. The price of the stock has decreased by 14.97% since. Other insiders have also decreased their positions in the company.

Winmark Corp. (WINA, Financial): Chairman & CEO, 10% Owner John L Morgan Bought 5,000 Shares

Chairman & CEO, 10% Owner of Winmark Corp. (WINA) John L Morgan bought 5,000 shares on 12/30/2010 at an average price of $33.16. Winmark Corporation is a franchise company that franchises seven retail concepts which buy, sell, trade and consign merchandise. Winmark Corp. has a market cap of $166.1 million; its shares were traded at around $33.16 with a P/E ratio of 20 and P/S ratio of 4.4. The dividend yield of Winmark Corp. stocks is 0.2%. Winmark Corp. had an annual average earning growth of 9.4% over the past 10 years.

WINA recently reported net income for the quarter ended September 25, 2010 of $2,690,000, or $.51 per share diluted, compared to net income of $1,779,500, or $.33 per share diluted, in 2009. For the nine months ended September 25, 2010, net income was $7,209,800, or $1.39 per share diluted, compared to net income of $4,388,500, or $.82 per share diluted, for the same period last year.

Buy: President of Franchising Steven Murphy bought 600 shares of WINA stock on 01/06/2011 at the average price of 33.5. Steven Murphy owns at least 27,802 shares after this. The price of the stock has decreased by 1.01% since. There are mixed trades from other insiders.

Kaman Corp. (KAMN, Financial): Chm, Pres & CEO Neal J Keating Bought 2,500 Shares

Chm, Pres & CEO of Kaman Corp. (KAMN) Neal J Keating bought 2,500 shares on 01/07/2011 at an average price of $28.42. Kaman Corporation is in the following business segments: Aerospace, Industrial Distribution, and Music Distribution. Kaman Corp. has a market cap of $738.6 million; its shares were traded at around $28.42 with a P/E ratio of 25.6 and P/S ratio of 0.7. The dividend yield of Kaman Corp. stocks is 2%.

Mario Gabelli owns 3,679,025 shares as of 09/30/2010, which accounts for 0.41% of the $23.32 billion portfolio of GAMCO Investors. John Keeley owns 1,095,060 shares as of 09/30/2010, which accounts for 0.5% of the $5.72 billion portfolio of Keeley Fund Management.

Diamond Foods Inc. (DMND, Financial): Chairman, President & CEO Michael J Mendes Bought 1,200 Shares

Chairman, President & CEO of Diamond Foods Inc. (DMND) Michael J Mendes bought 1,200 shares on 01/05/2011 at an average price of $52.3. Diamond Foods is a branded food company specializing in processing, marketing, and distributing culinary, snack, in-shell and ingredient nuts under the Diamond of California and Emerald of California brands. Diamond Foods Inc. has a market cap of $1.14 billion; its shares were traded at around $52.3 with a P/E ratio of 29.6 and P/S ratio of 1.7. The dividend yield of Diamond Foods Inc. stocks is 0.3%.

DMND recently reported strong financial performance for its first quarter of fiscal 2011 and increased guidance for the full-year. For the three months ended October 31, 2010, net sales grew 40 percent, with retail sales growing 58 percent to $227.8 million and snack sales increasing 130 percent to $137.6 million.

Mario Gabelli owns 35,000 shares as of 09/30/2010, an increase of 400% from the previous quarter. This position accounts for 0.01% of the $23.32 billion portfolio of GAMCO Investors. Ron Baron owns 1,408,241 shares as of 09/30/2010, which accounts for 0.38% of the $15.15 billion portfolio of Baron Funds.

Buy: Director John J Gilbert bought 1,230 shares of DMND stock on 10/12/2010 at the average price of 40.78. John J Gilbert owns at least 70,953 shares after this. The price of the stock has increased by 28.25% since. There are mixed trades from other insiders.

For the complete list of stocks that bought by their company CEOs, go to: CEO Buys.