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Weekly CEO Buys Highlight: GBDC, EXL, RNN, KYN, CMTL

GuruFocus

hyperman299

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Last week’s top five stocks that were bought by their CEOs were GDC, EXL, RNN, KYN, and CMTL. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Golub Capital BDC Inc. (GBDC): CEO, 10% Owner David Golub Bought 126,984 Shares

CEO, 10% Owner of Golub Capital BDC Inc. (GBDC) David Golub bought 126,984 shares on 03/31/2011 at an average price of $16.13. 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 $286.2 million; its shares were traded at around $16.13 with and P/S ratio of 8.6. The dividend yield of Golub Capital Bdc Inc. stocks is 8%.

Golub Capital recently reported its second quarter fiscal dividend. Net investment income for the quarter ended December 31, 2010 was $5.2 million, or $.30 per share, as compared to $4.4 million, or $0.25 per share, for the quarter ended September 30, 2010. Net realized and unrealized gains on investments for the quarter ended December 31, 2010 was $0.7 million, or $.04 per share, as compared to $1.9 million, or $0.10 per share, for the quarter ended September 30, 2010.

EXCEL TRUST INC. (EXL): Chairman of the Board / CEO Gary B Sabin Bought 53,983 Shares

Chairman of the Board / CEO of EXCEL TRUST INC. (EXL) Gary B Sabin bought 53,983 shares on 04/06/2011 at an average price of $11.63. Excel Trust, Inc. is a vertically integrated, self-administered, self-managed real estate investment trust (REIT) which owns and operates a real estate portfolio of neighborhood and community shopping centers. Excel Trust Inc. has a market cap of $182.2 million; its shares were traded at around $11.63 with a P/E ratio of 46.5 and P/S ratio of 36.4. The dividend yield of Excel Trust Inc. stocks is 4.8%.

EXL recently reported its fourth quarter 2010 results. Excluding non-recurring items such as transaction costs, FFO for the fourth quarter was $0.19 per diluted share. Excel Trust reported Adjusted Funds From Operations (AFFO) for the year of $4.5 million and for the fourth quarter of $3.0 million, or $0.28 and $0.19 per diluted share respectively. Net loss attributable to common shareholders for the year was $3.9 million, and for the fourth quarter was $0.9 million or ($0.24) and ($0.06) per diluted share respectively.

REXAHN PHARMACEUTICALS INC. (RNN): Chairman & CEO, 10% Owner Chang Ho Ahn Bought 320,846 Shares

Chairman & CEO, 10% Owner of REXAHN PHARMACEUTICALS INC. (RNN) Chang Ho Ahn bought 320,846 shares on 04/01/2011 at an average price of $1.22. REXAHN PHARMACTICALS is a biopharmaceutical company leveraging its proprietary technology platform to discover, develop and commercialize innovative treatments for cancer, central nervous system disorders, sexual dysfunction and other unmet medical needs. Rexahn Pharmaceuticals Inc. has a market cap of $105.9 million; its shares were traded at around $1.22 with and P/S ratio of 1512.4.

KAYNE ANDERSON MLP INVESTMENT COMPANY (KYN): Chairman, President and CEO Kevin S Mccarthy Bought 10,000 Shares

Chairman, President and CEO of KAYNE ANDERSON MLP INVESTMENT COMPANY (KYN) Kevin S Mccarthy bought 10,000 shares on 04/05/2011 at an average price of $30.47. Kayne Anderson Mlp Investment Company has a market cap of $1.42 billion; its shares were traded at around $30.47 . The dividend yield of Kayne Anderson Mlp Investment Company stocks is 5.7%.

Buy: Executive Vice President James C Baker bought 5,000 shares of KYN stock on 04/05/2011 at the average price of 30.58. James C Baker owns at least 24,082 shares after this. The price of the stock has decreased by 0.36% since.

Comtech Telecommunications Corp. (CMTL): Chairman, CEO & President Fred Kornberg Bought 10,126 Shares

Chairman, CEO & President of Comtech Telecommunications Corp. (CMTL) Fred Kornberg bought 10,126 shares on 03/31/2011 at an average price of $29.45. Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. Comtech Telecommunications Corp. has a market cap of $809.2 million; its shares were traded at around $29.45 with a P/E ratio of 12 and P/S ratio of 1. The dividend yield of Comtech Telecommunications Corp. stocks is 3.3%. Comtech Telecommunications Corp. had an annual average earnings growth of 25.7% over the past 10 years. GuruFocus rated Comtech Telecommunications Corp. the business predictability rank of 3-star.

ComTech recently reported its second quarter results. Net sales for the second quarter of fiscal 2011 were $162.8 million compared to $171.1 million for the second quarter of fiscal 2010. The period-over-period decrease in net sales is attributable to lower net sales in both our mobile data communications and RF microwave amplifiers segments, offset, in part, by higher net sales in our telecommunications transmission segment.

Joel Greenblatt bought 16,535 shares in the quarter that ended on 12/31/2010, which is 0.15% of the $306 million portfolio of Gotham Capital. George Soros bought 8,100 shares in the quarter that ended on 12/31/2010, which is less than 0.01% of the $7.69 billion portfolio of Soros Fund Management LLC.

Buy: Sr. Vice President & CFO Michael Porcelain bought 1,100 shares of CMTL stock on 04/01/2011 at the average price of 27.42. Michael Porcelain owns at least 32,405 shares after this. The price of the stock has increased by 7.4% since.


Rating: 4.0/5 (5 votes)

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