Weekly CEO Buys Highlight: DELL, KSWS, SMHG, WINA, CTFO

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Mar 26, 2011
Last week’s top five stocks that were bought by their CEOs were DELL, KSWS, SMHG, WINA, and CTFO. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.


Dell Inc. (DELL, Financial): 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 $15.06. 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 $29.07 billion; its shares were traded at around $15.06 with a P/E ratio of 9.4 and P/S ratio of 0.5. Dell Inc. had an annual average earnings growth of 4.2% over the past 10 years.


DELL recently reported its fiscal year 2010 fourth quarter results. Revenue for enterprise solutions and services grew 7 percent to $4.6 billion in the quarter and now represents 29 percent of the company’s consolidated revenue.


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.


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 8.27% since. There are mixed trades from other insiders.


KSwiss Inc. (KSWS, Financial): 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 $10.06. 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 $355.9 million; its shares were traded at around $10.06 with and P/S ratio of 1.7.


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 18.41% since. There are mixed trades from other insiders.


Sanders Morris Harris Group Inc. (SMHG, Financial): CEO George L Ball Bought 55,000 Shares


CEO of Sanders Morris Harris Group Inc. (SMHG) George L Ball bought 55,000 shares during the past week at an average price of $7.8. Sanders Morris Harris Group is a diversified financial services holding company based in Houston, Texas that provides investment banking services. Sanders Morris Harris Group Inc. has a market cap of $225.3 million; its shares were traded at around $7.8 with a P/E ratio of 64.9 and P/S ratio of 1.4. The dividend yield of Sanders Morris Harris Group Inc. stocks is 2.5%. Sanders Morris Harris Group Inc. had an annual average earnings growth of 7.9% over the past 10 years.


SMHG recently reported fourth quarter earnings from continuing operations of $4.2 million, or $0.15 per share. Earnings per share were $0.18, aided by higher values of its partnerships and other assets. Total client assets rose to $17.1 billion, up 52% from the end of 2009, bolstered by the acquisition of a 50.1% interest in Global Financial Services.


Mario Gabelli owns 72,300 shares as of 12/31/2010, which accounts for less than 0.01% of the $26.72 billion portfolio of GAMCO Investors.


Buy: Director Scott Mcclelland bought 5,000 shares of SMHG stock on 03/21/2011 at the average price of 7.19. Scott Mcclelland owns at least 33,758 shares after this. The price of the stock has increased by 8.48% since. Other insiders have also increased their positions in the company.


Winmark Corp. (WINA, Financial): Chairman & CEO, 10% Owner John L Morgan Bought 8,000 Shares


Chairman & CEO, 10% Owner of Winmark Corp. (WINA) John L Morgan bought 8,000 shares during the past week at an average price of $42.94. 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 $213.7 million; its shares were traded at around $42.94 with a P/E ratio of 21.8 and P/S ratio of 5.2. The dividend yield of Winmark Corp. stocks is 0.2%. Winmark Corp. had an annual average earnings growth of 13% over the past 10 years.


WINA recently reported net income for the year ended December 25, 2010 of $10,329,000 or $1.98 per share diluted, compared to net income of $5,849,000 or $1.10 per share diluted, in 2009. The fourth quarter 2010 net income was $3,119,200 or $.60 per share diluted, compared to net income of $1,460,500, or $.28 per share diluted, for the same period last year. Revenues for the year ended December 25, 2010 were $41,203,600, up from $37,296,000 in 2009.


Buy: President, Winmark Capital Steven C Zola bought 2,000 shares of WINA stock on 01/24/2011 at the average price of 33.64. Steven C Zola owns at least 14,141 shares after this. The price of the stock has increased by 27.65% since. There are mixed trades from other insiders.


China TransInfo Technology Corp. (CTFO, Financial): CEO and President, 10% Owner Shudong Xia Bought 66,400 Shares


CEO and President, 10% Owner of China TransInfo Technology Corp. (CTFO) Shudong Xia bought 66,400 shares during the past week at an average price of $4.85. CHINA TRANSINFO, through its subsidiary Beijing PKU ChinaFront High Technology Co. China Transinfo Technology Corp. has a market cap of $122.4 million; its shares were traded at around $4.85 with a P/E ratio of 8 and P/S ratio of 1.9.


Sell: Vice President Zhiping Zhang sold 10,000 shares of CTFO stock on 12/10/2010 at the average price of 4.71. Zhiping Zhang owns at least 628,088 shares after this. The price of the stock has increased by 2.97% since. Other insiders have also decreased their positions in the company.