Last week's top five stocks that were bought by their CEOs were Dex One, The Bancorp, Chesapeake Energy, Western Gas Partners, and Cenevo. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
DEX ONE Corp. (DEXO): CEO & President Alfred T Mockett Bought 200,000 Shares
CEO & President of DEX ONE Corp. (DEXO) Alfred T Mockett bought 200,000 shares on 03/08/2011 at an average price of $4.26. Dex One Corporation is a marketing services company that offers local businesses personalized marketing consulting services and exposure across a broad network of local marketing products including its official print, online and mobile yellow pages and search solutions. Dex One Corp. has a market cap of $213.1 million; its shares were traded at around $4.26 with a P/E ratio of 0.3 and P/S ratio of 0.1.
DEXO recently announced its 2010 results. Alfred Mockett, CEO of Dex One, stated, "While developing the go-forward strategy to return to growth, we have delivered on a number of notable initiatives in the closing months of 2010. In the fourth quarter, we launched our new mobile app, providing consumers with detailed local business information. We have also identified a range of opportunities in our cost base and have put in place aggressive action plans to deliver more than $100 million of cost savings in 2011. We will be providing more information at today's Investor Day."
John Paulson owns 3,676,394 shares as of 12/31/2010, which accounts for 0.09% of the $29.27 billion portfolio of Paulson & Co.. Third Avenue Management owns 89,533 shares as of 12/31/2010, which accounts for 0.01% of the $5.17 billion portfolio of Third Avenue Management.
Buy: SVP and CTO Atish Banerjea bought 10,000 shares of DEXO stock on 03/10/2011 at the average price of 4.35. Atish Banerjea owns at least 60,000 shares after this. The price of the stock has decreased by 2.07% since.
The Bancorp Inc (TBBK): CEO Betsy Z Cohen Bought 97,500 Shares
CEO of The Bancorp Inc (TBBK) Betsy Z Cohen bought 97,500 shares on 03/03/2011 at an average price of $8.82. The Bancorp Bank is a Delaware-chartered, federally insured commercial bank which focuses on service to small and mid-size businesses and their principals in the Philadelphia-Wilmington market area, and on private-label affinity group programs, including merchant card servicing. The Bancorp Inc has a market cap of $230.9 million; its shares were traded at around $8.82 with and P/S ratio of 2.2.
TBBK recently reported its fourth quarter 2010 results. Net income increased to $2.0 million in the fourth quarter of 2010 from $33,000 in fourth quarter 2009, before preferred stock dividends and accretion (TARP repaid March 10, 2010).
Donald Yacktman owns 2,104,498 shares as of 12/31/2010, which accounts for 0.36% of the $5.96 billion portfolio of Yacktman Asset Management Co..
Buy: Director Matthew Cohn bought 2,500 shares of TBBK stock on 03/03/2011 at the average price of 8.25. Matthew Cohn owns at least 27,939 shares after this. The price of the stock has increased by 6.91% since.
CHESAPEAKE ENERGY CORP. (CHK): Chairman & CEO Aubrey K Mcclendon Bought 15,000 Shares
Chairman & CEO of CHESAPEAKE ENERGY CORP. (CHK) Aubrey K Mcclendon bought 15,000 shares on 03/08/2011 at an average price of $32.81. Chesapeake Energy Corp. is an independent oil and gas company engaged in the development, exploration, acquisition and production of onshore natural gas and oil reserves. Chesapeake Energy Corp. has a market cap of $21.45 billion; its shares were traded at around $32.81 with a P/E ratio of 11 and P/S ratio of 2.2. The dividend yield of Chesapeake Energy Corp. stocks is 0.9%. Chesapeake Energy Corp. had an annual average earnings growth of 14.7% over the past 10 years. GuruFocus rated Chesapeake Energy Corp. the business predictability rank of 2-star.
Richard Snow bought 2,149,360 shares in the quarter that ended on 12/31/2010, which is 2.16% of the $2.58 billion portfolio of Snow Capital Management, L.P.. Carl Icahn owns 20,880,627 shares as of 12/31/2010, an increase of 25.46% from the previous quarter. This position accounts for 9.62% of the $5.63 billion portfolio of Icahn Capital Management LP.
Buy: Director V Burns Hargis bought 1,537 shares of CHK stock on 03/10/2011 at the average price of 32.17. V Burns Hargis owns at least 43,847 shares after this. The price of the stock has increased by 1.99% since.
WESTERN GAS PARTNERS LP (WES): CEO, President & Director Donald R. Sinclair Bought 11,380 Shares
CEO, President & Director of WESTERN GAS PARTNERS LP (WES) Donald R. Sinclair bought 11,380 shares on 03/04/2011 at an average price of $33.5. WESTERN GAS PARTNERS is a growth-oriented Delaware limited partnership formed by Anadarko Petroleum Corporation to own, operate, acquire and develop midstream energy assets. Western Gas Partners Lp has a market cap of $1.71 billion; its shares were traded at around $33.5 with a P/E ratio of 20.6 and P/S ratio of 3.4. The dividend yield of Western Gas Partners Lp stocks is 4.5%.
WES recently reported its fourth quarter 2010 results. Net income available to limited partners for the fourth-quarter of 2010 totaled $34.0 million, or $0.46 per limited partner unit (diluted). The Partnership's fourth-quarter Adjusted EBITDA (1) was $57.8 million and Distributable cash flow (1) was $50.0 million.
Buy: Senior Vice President & CFO Benjamin Matthew Fink bought 284 shares of WES stock on 03/04/2011 at the average price of 35.15. Benjamin Matthew Fink owns at least 1,608 shares after this. The price of the stock has decreased by 4.69% since.
CENEVO INC. (CVO): Chairman and CEO Robert G Sr Burton Bought 65,246 Shares
Chairman and CEO of CENEVO INC. (CVO) Robert G Sr Burton bought 65,246 shares on 03/04/2011 at an average price of $5.88. Cenveo, Inc. is one of North America's providers of visual communications with one-stop services from design through fulfillment. Cenevo Inc. has a market cap of $368.8 million; its shares were traded at around $5.88 with a P/E ratio of 22.7 and P/S ratio of 0.2.
Joel Greenblatt bought 45,892 shares in the quarter that ended on 12/31/2010, which is 0.08% of the $306 million portfolio of Gotham Capital. Mario Gabelli owns 21,500 shares as of 12/31/2010, an increase of 48.28% from the previous quarter. This position accounts for less than 0.01% of the $26.72 billion portfolio of GAMCO Investors.
Buy: EVP and CFO Mark S Hiltwein bought 8,820 shares of CVO stock on 11/18/2010 at the average price of 5.1. Mark S Hiltwein owns at least 272,266 shares after this. The price of the stock has increased by 15.29% since.
DEX ONE Corp. (DEXO): CEO & President Alfred T Mockett Bought 200,000 Shares
CEO & President of DEX ONE Corp. (DEXO) Alfred T Mockett bought 200,000 shares on 03/08/2011 at an average price of $4.26. Dex One Corporation is a marketing services company that offers local businesses personalized marketing consulting services and exposure across a broad network of local marketing products including its official print, online and mobile yellow pages and search solutions. Dex One Corp. has a market cap of $213.1 million; its shares were traded at around $4.26 with a P/E ratio of 0.3 and P/S ratio of 0.1.
DEXO recently announced its 2010 results. Alfred Mockett, CEO of Dex One, stated, "While developing the go-forward strategy to return to growth, we have delivered on a number of notable initiatives in the closing months of 2010. In the fourth quarter, we launched our new mobile app, providing consumers with detailed local business information. We have also identified a range of opportunities in our cost base and have put in place aggressive action plans to deliver more than $100 million of cost savings in 2011. We will be providing more information at today's Investor Day."
John Paulson owns 3,676,394 shares as of 12/31/2010, which accounts for 0.09% of the $29.27 billion portfolio of Paulson & Co.. Third Avenue Management owns 89,533 shares as of 12/31/2010, which accounts for 0.01% of the $5.17 billion portfolio of Third Avenue Management.
Buy: SVP and CTO Atish Banerjea bought 10,000 shares of DEXO stock on 03/10/2011 at the average price of 4.35. Atish Banerjea owns at least 60,000 shares after this. The price of the stock has decreased by 2.07% since.
The Bancorp Inc (TBBK): CEO Betsy Z Cohen Bought 97,500 Shares
CEO of The Bancorp Inc (TBBK) Betsy Z Cohen bought 97,500 shares on 03/03/2011 at an average price of $8.82. The Bancorp Bank is a Delaware-chartered, federally insured commercial bank which focuses on service to small and mid-size businesses and their principals in the Philadelphia-Wilmington market area, and on private-label affinity group programs, including merchant card servicing. The Bancorp Inc has a market cap of $230.9 million; its shares were traded at around $8.82 with and P/S ratio of 2.2.
TBBK recently reported its fourth quarter 2010 results. Net income increased to $2.0 million in the fourth quarter of 2010 from $33,000 in fourth quarter 2009, before preferred stock dividends and accretion (TARP repaid March 10, 2010).
Donald Yacktman owns 2,104,498 shares as of 12/31/2010, which accounts for 0.36% of the $5.96 billion portfolio of Yacktman Asset Management Co..
Buy: Director Matthew Cohn bought 2,500 shares of TBBK stock on 03/03/2011 at the average price of 8.25. Matthew Cohn owns at least 27,939 shares after this. The price of the stock has increased by 6.91% since.
CHESAPEAKE ENERGY CORP. (CHK): Chairman & CEO Aubrey K Mcclendon Bought 15,000 Shares
Chairman & CEO of CHESAPEAKE ENERGY CORP. (CHK) Aubrey K Mcclendon bought 15,000 shares on 03/08/2011 at an average price of $32.81. Chesapeake Energy Corp. is an independent oil and gas company engaged in the development, exploration, acquisition and production of onshore natural gas and oil reserves. Chesapeake Energy Corp. has a market cap of $21.45 billion; its shares were traded at around $32.81 with a P/E ratio of 11 and P/S ratio of 2.2. The dividend yield of Chesapeake Energy Corp. stocks is 0.9%. Chesapeake Energy Corp. had an annual average earnings growth of 14.7% over the past 10 years. GuruFocus rated Chesapeake Energy Corp. the business predictability rank of 2-star.
Richard Snow bought 2,149,360 shares in the quarter that ended on 12/31/2010, which is 2.16% of the $2.58 billion portfolio of Snow Capital Management, L.P.. Carl Icahn owns 20,880,627 shares as of 12/31/2010, an increase of 25.46% from the previous quarter. This position accounts for 9.62% of the $5.63 billion portfolio of Icahn Capital Management LP.
Buy: Director V Burns Hargis bought 1,537 shares of CHK stock on 03/10/2011 at the average price of 32.17. V Burns Hargis owns at least 43,847 shares after this. The price of the stock has increased by 1.99% since.
WESTERN GAS PARTNERS LP (WES): CEO, President & Director Donald R. Sinclair Bought 11,380 Shares
CEO, President & Director of WESTERN GAS PARTNERS LP (WES) Donald R. Sinclair bought 11,380 shares on 03/04/2011 at an average price of $33.5. WESTERN GAS PARTNERS is a growth-oriented Delaware limited partnership formed by Anadarko Petroleum Corporation to own, operate, acquire and develop midstream energy assets. Western Gas Partners Lp has a market cap of $1.71 billion; its shares were traded at around $33.5 with a P/E ratio of 20.6 and P/S ratio of 3.4. The dividend yield of Western Gas Partners Lp stocks is 4.5%.
WES recently reported its fourth quarter 2010 results. Net income available to limited partners for the fourth-quarter of 2010 totaled $34.0 million, or $0.46 per limited partner unit (diluted). The Partnership's fourth-quarter Adjusted EBITDA (1) was $57.8 million and Distributable cash flow (1) was $50.0 million.
Buy: Senior Vice President & CFO Benjamin Matthew Fink bought 284 shares of WES stock on 03/04/2011 at the average price of 35.15. Benjamin Matthew Fink owns at least 1,608 shares after this. The price of the stock has decreased by 4.69% since.
CENEVO INC. (CVO): Chairman and CEO Robert G Sr Burton Bought 65,246 Shares
Chairman and CEO of CENEVO INC. (CVO) Robert G Sr Burton bought 65,246 shares on 03/04/2011 at an average price of $5.88. Cenveo, Inc. is one of North America's providers of visual communications with one-stop services from design through fulfillment. Cenevo Inc. has a market cap of $368.8 million; its shares were traded at around $5.88 with a P/E ratio of 22.7 and P/S ratio of 0.2.
Joel Greenblatt bought 45,892 shares in the quarter that ended on 12/31/2010, which is 0.08% of the $306 million portfolio of Gotham Capital. Mario Gabelli owns 21,500 shares as of 12/31/2010, an increase of 48.28% from the previous quarter. This position accounts for less than 0.01% of the $26.72 billion portfolio of GAMCO Investors.
Buy: EVP and CFO Mark S Hiltwein bought 8,820 shares of CVO stock on 11/18/2010 at the average price of 5.1. Mark S Hiltwein owns at least 272,266 shares after this. The price of the stock has increased by 15.29% since.
