Weekly Top Insider Buys: Flanders Corp., Par Pharmaceutical Companies Inc, Aircastle Ltd., Finlay Enterprises Inc., and Wilsons The Leather Experts Inc.

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Oct 09, 2007
These are the weekly top insider buys. Related companies: Flanders Corp. (FLDR, Financial), Par Pharmaceutical Companies Inc. (PRX, Financial), Aircastle Ltd. (AYR, Financial), Finlay Enterprises Inc. (FNLY, Financial), and Wilsons The Leather Experts Inc (WLSN, Financial).


COO of Flanders Corp. (FLDR), Harry Leo Smith Jr. Bought 755,183 Shares; CEO Robert R. Amerson Bought 780,655 Shares


COO of FLDR, Harry Leo Smith Jr. bought 755,183 shares of his company shares on 10/03 at $4.60; the price of the stock has increased by 4.57% since.


About: Flanders Corporation engages in the design, manufacture, and marketing of air filters and related products. Its products include residential heating and air conditioning filters, residential air cleaners, industrial specialty filters, and commercial office filters. Flanders Corp. has a market cap of $132.32 million; its shares were traded at around $4.81 with P/S ratio of 0.51.


One Guru Increased His Position in FLDR: Robert Olstein owns 110,000 shares as of 06/30, an increase of 305.9% of from the previous quarter. This position accounts for 0.04% of the $1.92 billion portfolio of Olstein Financial Alert Fund.


CEO Buys: CEO of Flanders Corp. (FLDR) Robert R. Amerson bought 780,655 shares on 10/03 at $4.60; the price of the stock has increased by 4.57% since.


Par Pharmaceutical Companies Inc. (PRX): Director Joseph E. Smith Bought 50,000 Shares; CEO Patrick G. Lepore Bought 30,000 Shares


Director of Par Pharmaceutical Companies Inc. (PRX), Joseph E. Smith, bought 50,000 shares of PRX stock at $18.45.


About: Par Pharmaceutical Companies, Inc. develops, manufactures, and markets generic drugs and branded pharmaceuticals for specialty markets in the United States. Par Pharmaceutical Companies Inc. has a market cap of $705.95 million; its shares were traded at around $19.47 with P/E ratio of 102.05 and P/S ratio of 0.95.


Insider Buys at the Start of October :1) Executive Vice President of the Branded Product Division, John A. Macphee, bought 3,000 shares at $18.70. 2) Executive Vice President of Generics Division, Paul Campanelli, bought 2,100 shares of PRX stock at $18.19. 3) Executive Vice President of General Counsel, Thomas Haughey, bought 2,500 shares of PRX stock at $18.19. 4) Director Ronald M. Nordmann bought 2,000 shares of PRX stock at $18.54 5) Chairman, CEO and President of PRX, Patrick G. Lepore, bought 30,000 shares of PRX stock on 10/03 at $18.36. 6) EVP & COO Gerard Martino bought 2,700 shares of PRX stock at $18.25. 7) Director John D. Abernathy bought 5,000 shares of PRX stock at $18.25.


Aircastle Ltd. ( AYR): Director Wesley R. Edens Bought 164,430 Shares


Director of Aircastle Ltd. ( AYR), Wesley R. Edens, bought 164,430 shares during the past week at an average price of $31.90.


About: Aircastle Limited engages in acquiring, managing, and leasing commercial jet aircraft to passenger and cargo airlines worldwide. It also makes investments in various aviation assets, including debt securities secured by commercial jet aircraft. Aircastle Ltd. has a market cap of $2.2 billion; its shares were traded at around $32.36 with P/E ratio of 19.33 and P/S ratio of 8.01.


One Guru Owns AYR: Ron Baron owns 1,778,200 shares as of 06/30, almost unchanged from the previous quarter. This position accounts for 0.36% of the $19.54 billion portfolio of Baron Funds.


Other Insider Buys: 1) CEO of AYR, Ron Wainshal, bought 2,600 shares of AYR stock on 10/05 at the average price of $31.97. 2) COO of General Counsel, David Ryan Walton, bought 2,000 shares of AYR stock on 08/15 at the average price of $31.60.


Finlay Enterprises Inc. (FNLY): Director David B. Cornstein Bought 23,650 Shares


Director of Finlay Enterprises Inc. (FNLY), David B. Cornstein, bought 23,650 shares on 10/01 at an average price of $4.57.


About: Finlay Enterprises, Inc., through its wholly owned subsidiary, Finlay Fine Jewelry Corporation, engages in the retail of fine jewelry in the United States. Finlay Enterprises Inc. has a market cap of $40.65 million; its shares were traded at around $4.34 with P/S ratio of 0.05.


Other Insider Buy: Executive VP & CMO Leslie A. Philip bought 3,000 shares of FNLY stock on 10/02 at the average price of $4.39.


Wilsons The Leather Experts Inc. (WLSN): Director Michael T Sweeney Bought 20,000 Shares


Director of Wilsons The Leather Experts Inc. (WLSN), Michael T. Sweeney bought 20,000 shares on 10/01 at $1.73. Since September, Sweeney has purchased a total of 46,644 shares of WLSN stock at a price range of $1.73 to $1.75.


About: Wilsons the Leather Experts, Inc., together with its subsidiaries, operates as a specialty retailer of leather outerwear, accessories, and apparel in the United States. Wilsons The Leather Experts Inc. has a market cap of $60.13 million; its shares were traded at around $1.61 with P/S ratio of 0.21.


Insider Buys since June: 1) CEO Michael M. Searles bought 25,000 shares at $1.77. 2) Director of WLSN, William F. Farley, has purchased a total of 20,000 shares of stock at a price range of $1.60 to $1.93.