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Weekly CEO Buys Highlight: DELL, DEER, BGCP, UNIS, KSWS

March 19, 2011 | About:
hyperman299

hyperman299

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Last week’s top five CEO buy stocks were DELL, DEER, BGCP, UNIS, and KSWS. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Dell Inc. (DELL): Chairman and CEO, 10% Owner Michael S Dell Bought 10,437,000 Shares

Chairman and CEO, 10% Owner of Dell Inc. (DELL) Michael S Dell bought 10,437,000 shares on 03/18/2011 at an average price of $14.51. Dell Inc. is a premier provider of products and services required for customers worldwide to build their information-technology and Internet infrastructures. Dell Inc. has a market cap of $28.01 billion; its shares were traded at around $14.51 with a P/E ratio of 9 and P/S ratio of 0.5. Dell Inc. had an annual average earnings growth of 4.1% over the past 10 years.

DELL recently reported its fiscal year 2011 fourth quarter and full year results. Revenue in the quarter was $15.7 billion and totaled $61.5 billion for the fiscal year, an $8.6 billion or 16 percent increase from the previous fiscal year, including the impact of acquisitions.

Joel Greenblatt bought 237,869 shares in the quarter that ended on 12/31/2010, which is 1.05% of the $306 million portfolio of Gotham Capital. George Soros owns 42,100 shares as of 12/31/2010, an increase of 198.58% from the previous quarter. This position accounts for 0.01% of the $7.69 billion portfolio of Soros Fund Management LLC. Richard Perry sold out his holdings in the quarter that ended on 12/31/2010. Glenn Greenberg sold out his holdings in the quarter that ended on 12/31/2010.

Buy: Director James Breyer bought 20,000 shares of DELL stock on 02/09/2011 at the average price of 13.91. James Breyer owns at least 165,399 shares after this. The price of the stock has increased by 4.31% since.

Deer Consumer Products Inc. (deer): CEO, 10% Owner Ying He Bought 250,000 Shares

CEO, 10% Owner of Deer Consumer Products Inc. (deer) Ying He bought 250,000 shares during the past week at an average price of $11.04. Deer Consumer Products Inc. has a market cap of $370.9 million; its shares were traded at around $11.04 with a P/E ratio of 12.2 and P/S ratio of 2.1.

DEER recently reported its 2010 financial results. 2010 revenue was $175.8 million, an increase of 116% from $81.3 million in 2009. The increase in revenue was a result of larger product offerings and aggressive sales expansion in the China domestic markets and increasing sales in emerging markets, including Asia, South America and the Middle East, and Europe. The average selling prices of our products increased approximately 6% compared to that of 2009. We significantly increased sales in China's domestic markets. The results are on pace with management's plan to capture the fast growth experienced in China.

BGC Partners Inc (BGCP): Chairman and CEO, 10% Owner Howard W Lutnick Bought 57,344 Shares

Chairman and CEO, 10% Owner of BGC Partners Inc (BGCP) Howard W Lutnick bought 57,344 shares during the past week at an average price of $9.14. BGC PARTNERS, INC. is a global full-service inter-dealer broker, specializing in the trading of financial instruments and related derivatives products. Bgc Partners Inc has a market cap of $856.8 million; its shares were traded at around $9.14 with a P/E ratio of 15.7 and P/S ratio of 0.6. The dividend yield of Bgc Partners Inc stocks is 6.2%.

BGC Partners recently reported its fourth quarter and full year 2010 results. Pre-tax distributable earnings improved by 97.4 percent to $45.4 million or $0.19 per fully diluted share, compared with $23.0 million or $0.11 per fully diluted share.

Sell: Director Barry R Sloane sold 7,991 shares of BGCP stock on 12/20/2010 at the average price of 8.63. Barry R Sloane owns at least 5,855 shares after this. The price of the stock has increased by 5.91% since.

Unilife Corp. (UNIS): CEO Alan Shortall Bought 105,452 Shares

CEO of Unilife Corp. (UNIS) Alan Shortall bought 105,452 shares on 03/16/2011 at an average price of $5.31. Unilife Corporation is a medical device company based in U. Unilife Corp. has a market cap of $337.2 million; its shares were traded at around $5.31 with and P/S ratio of 29.7.

Unilife recently reported its results for the fiscal year 2011 second quarter. Adjusted net loss for the three months ended December 31, 2010, which excludes approximately $2.7 million in share-based compensation expense, depreciation and amortization and interest expense was $(7.6) million, or $(0.14) per diluted share, compared to adjusted net loss of $(3.0) million, or $(0.07) per diluted share, for the same period in 2009.

Buy: See Remarks J. Christopher Naftzger bought 3,000 shares of UNIS stock on 03/01/2011 at the average price of 4.7. J. Christopher Naftzger owns at least 43,000 shares after this. The price of the stock has increased by 12.98% since.

KSwiss Inc. (KSWS): President & CEO, 10% Owner Steven B Nichols Bought 50,000 Shares

President & CEO, 10% Owner of KSwiss Inc. (KSWS) Steven B Nichols bought 50,000 shares on 03/17/2011 at an average price of $9.25. K-Swiss Inc. designs, develops and markets a growing array of athleticfootwear for high performance sports use, fitness activities and casual wear. Kswiss Inc. has a market cap of $327.3 million; its shares were traded at around $9.25 with and P/S ratio of 1.6.

Third Avenue Management owns 3,925,254 shares as of 12/31/2010, which accounts for 0.95% of the $5.17 billion portfolio of Third Avenue Management. Charles Brandes sold out his holdings in the quarter that ended on 12/31/2010.

Sell: Vice President Finance/CFO George Powlick sold 80,000 shares of KSWS stock on 12/10/2010 at the average price of 12.33. George Powlick owns at least 197,136 shares after this. The price of the stock has decreased by 24.98% 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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