Top Insider Buys: Global Cash Access Holdings Inc. (GCA), Centennial Bank Holdings Inc. (CBHI), Spectra Energy Corp (SE), Stericycle Inc. (SRCL)

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Sep 14, 2007
Summary of recent top insider buys. Related companies: Global Cash Access Holdings Inc. (GCA, Financial), Centennial Bank Holdings Inc. (CBHI, Financial), Spectra Energy Corp (SE, Financial), Stericycle Inc. (SRCL, Financial) Global Cash Access Holdings Inc. (GCA): Co-Chairman Karim Abdul Maskatiya Buys 74,200 Shares


Last Thursday, Co-Chairman of Global Cash Access Holdings Inc. (GCA) Karim Abdul Maskatiya bought 74,200 shares at $12.43 per share; the price of the stock has decreased by -10.7% since.Â


About: Global Cash Access Holdings, Inc., through its subsidiaries, provides cash access products and related services to the gaming industry in the United States and internationally. Global Cash Access Holdings Inc. has a market cap of $916.93 million; its shares were traded at around $11.1 with P/E ratio of 30.33 and P/S ratio of 1.52.


Vice President Kurt Sullivan Sells GCA on Three Occasions: Exec. Vice President Kurt D Sullivan sold 230 shares on July 12th at $16.56. There has been a big drop in the price of the stock by -32.97%. Sullivan made another sell on June 11th—230 shares at $16.40. In May, Sullivan sold 3,176 shares at $16.00. Since May, 17th, the price of the stock has decreased by -30.63%.


Centennial Bank Holdings Inc. (CBHI): Director John M III Eggemeyer Buys 45,834 Shares


On Monday, Director of Centennial Bank Holdings Inc. (CBHI) John M III Eggemeyer bought 45,834 shares at an average price of $6.45; the price of the stock has increased by 4.34% since. Eggemeyer also previously had several other buys: on June 8th, he bought 130,500 shares at $8.8; on June 6th, he bought 16,400 shares of CBHI stock at $8.79; May 31st, he bought 100,000 shares at 8.67. Regarding his previous months of buys, the price of the stock has decreased between -22.38% to -23.52%.


About: Centennial Bank Holdings, Inc., a bank holding company, through its subsidiaries, provides banking and other financial services to consumers, and small and medium-sized businesses in Colorado, the United States. The recognized subsidiaries are Centennial Bank of the West, and Guaranty Bank and Trust Company. Centennial Bank Holdings Inc. has a market cap of $361.90 million; its shares were traded at around $6.73 with P/E ratio of 36.93 and P/S ratio of 3.47.


Other Insider Buys: President & CEO Daniel M Quinn bought 10,000 shares of CBHI stock on August 9th at the average price of $6.00; the price of the stock has increased by 12.17% since. CFO Paul W Taylor bought 4,000 shares of CBHI stock on August 10th at $5.97; the price of the stock has increased by 12.73% since. Also, on May 1st Taylor sold 2,500 shares of CBHI at $8.91; the price of the stock has decreased by -24.47% since. EVP General Counsel, Secretary of CBHI, Zsolt K Bessko purchased 4,800 shares of CBHI stock on August 13th at $6.05; the price of the stock has increased by 11.24% since. Suzanne R Brennan, EVP Operations, purchased 13,000 shares of CBHI stock on August 9th at the average price of $5.99, the price of the stock has increased by 12.35% since. Director Kathleen Smythe bought 9,000 shares of CBHI stock on May 9th at the average price of $9.28. EVP HR/Admin Sherri L Heronema bought 5,000 shares of CBHI stock on April 26th at the average price of $8.8; the price of the stock has decreased by -23.52% since.


Spectra Energy Corp (SE): Director Michael E J Phelps Buys 31,500 Shares


Director of Spectra Energy Corp (SE) Michael E J Phelps bought 31,500 shares on Friday at an average price of $23.47.Â


About: Spectra Energy Corp. engages in the gathering and processing, transmission, and storage and distribution of natural gas in North America. As of April 2, 2007, the company operated approximately 17,500 miles of transmission pipeline and approximate. Spectra Energy Corp has a market cap of $15.16 billion; its shares were traded at around $23.25 with P/E ratio of 13.35 and P/S ratio of 3.37.


Four Guru’s Position as of June: Spectra Energy Corp is owned by 4 Gurus. While two Gurus, Bruce Berkowitz and Brian Rogers kept their positions unchanged, two Gurus, Kenneth Fisher and Dodge & Cox, reduced their positions in SE. Bruce Berkowitz owns 2,519,900 shares, which accounts for 1.19% of the $5.51 billion portfolio of Fairholme Capital Managment. Brian Rogers owns 3,750,000 shares, which accounts for 0.38% of the $25.48 billion portfolio of T Rowe Price Equity Income Fund. Kenneth Fisher owns 11,975 shares. For Fisher, this has been a decrease of -0.58% of from the previous quarter. This position accounts for less than 0.01% of the $33.9 billion portfolio of Fisher Asset Management, LLC. Dodge & Cox owns 12,748,560 shares. From the previous Quarter, this is a decrease of -1.36%. This position accounts for 0.24% of the $138.5 billion portfolio of Dodge & Cox.


Big Insider Buys! 1) President & CEO of SE-Transmission, Martha B Wyrsch, bought 5,000 shares of SE stock on August 22nd at the average price of $22.21; the price of the stock has increased by 4.68% since. 2). Director Dennis R Hendrix purchased a cumulative 112,000 shares of SE stock since mid-May. He made his latest purchase of 12,000 shares of SE stock on August 17th at $22.3; the price of the stock has increased by 4.26% since. From August 13th to May 14th, Hendrix made five-sets of SE stock purchase with 20,000 shares each. The range for his buys were between $24.08 to $26.30 per share. 3). Director Anthony F Comper bought 1,000 shares of SE stock on August 9th at $24.81, the price of the stock has decreased by -6.29% since. 4). Director Austin A Adams bought 10,000 shares of SE stock on May 24th at the average price of $26.1; the price of the stock has decreased by -10.92% since.


Stericycle Inc. (SRCL): Director Rodney F Dammeyer Buys 30,000 Shares


Director of Stericycle Inc. (SRCL) Rodney F Dammeyer bought 30,000 shares on last Wednesday at $49.56 per share; the price of the stock has increased by 0.69% since. Also, on August 17th Dammeyer bought 10,000 shares of SRCL stock at $49.24; the price of the stock has increased by 1.34% since.


About:Â Stericycle, Inc., together with its subsidiaries, provides regulated medical waste management and return management services in the United States and internationally. Stericycle Inc. has a market cap of $4.42 billion; its shares were traded at around $49.9 with P/E ratio of 38.53 and P/S ratio of 5.07.


Guru’s Position: Stericycle Inc. is currently owned by two Gurus. Although Guru Ron Baron increased positions in SRCL, Guru Ruane Cunniff has kept the position unchanged. Ron Baron owns 1,287,800 shares as of June. This is an increase of 9.21% of from the previous quarter. This position accounts for 0.29% of the $19.54 billion portfolio of Baron Funds. Ruane Cunniff owns 8,400 shares as of June, which accounts for less than 0.01% of the $12.38 billion portfolio of Ruane & Cunniff & Goldfarb, Inc.


CFO’s Position: Brink Frank Jm Ten, the CFO of SRCL, sold 9,000 shares of SRCL stock on July 31st at $49.32; the price of the stock has increased by 1.18% since. Also, on May 2nd Brink Frank Jm Ten sold another 45,600 shares of SRCL stock at $21.47. Oddly, the price of the stock has increased by 132.42% since.


Insider Position:Â Director Peter Vardy sold 44,860 shares of SRCL stock on 28th at the average price of $45.12; the price of the stock has increased by 10.59% since. Director L John Wilkerson sold 73,616 shares of SRCL stock on May 7th at $21.61; the price of the stock has increased by 130.91% since.