Weekly Top Insider Buys: DLTR, CAR, GSS, LTS, DVM

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Oct 17, 2011
According to GuruFocus Insider Data, these are the largest insider buys during the past week.


Dollar Tree Inc. (DLTR, Financial): Director Arnold S. Barron Bought 5,000 Shares


Director of Dollar Tree Inc. (DLTR) Arnold S. Barron bought 5,000 shares on 10/13/2011 at an average price of $80.26.


Dollar Tree Stores Inc is an operator of discount variety stores offering merchandise at a fixed price point of $1. Dollar Tree Inc. has a market cap of $9.79 billion; its shares were traded at around $80.26 with a P/E ratio of 22.23 and P/S ratio of 1.66. Dollar Tree Inc. had an annual average earnings growth of 13.4% over the past 10 years. GuruFocus rated Dollar Tree Inc. the business predictability rank of 3-star.


On Oct. 7, 2011, the company announced that its board of directors has authorized the repurchase of an additional $1.5 billion of its common stock. Stock repurchases may be made, from time-to-time, either in the open market or through privately negotiated transactions, at management's discretion, depending on market conditions and other factors, in accordance with Securities and Exchange Commission requirements.


CEO Bob Sasser sold 30,921 shares of DLTR stock on 06/03/2011 and CFO Kevin S. Wampler sold 30,000 shares of DLTR stock on 06/14/2011.


Chief Information Officer Raymond K. Hamilton and COO Gary M. Philbin also sold shares in the stock in the recent months.


Separately, Arnold S. Barron bought 5,000 shares of DLTR stock on 06/22/2011 at the average price of 65.18. Arnold S. Barron owns at least 5,000 shares after this. The price of the stock has increased by 23.14% since.


Avis Budget Group Inc. (CAR, Financial): Director Stender E. Sweeney Bought 1,500 Shares


Director of Avis Budget Group Inc. (CAR) Stender E. Sweeney bought 1,500 shares on 10/07/2011 at an average price of $12.19.


Avis Budget Group Inc. is a provider of vehicle rental services, with operations in more than seventy countries. Avis Budget Group Inc. has a market cap of $1.28 billion; its shares were traded at around $12.19 with a P/E ratio of 8.35 and P/S ratio of 0.25.


On Oct. 3, 2011, the company announced today that it has completed its previously announced acquisition of Avis Europe plc. The combined company is now one of the largest vehicle rental companies in the world, with branded rental locations in approximately 175 countries.


Pres, Latin Amer, Asia & Pacific Patric Siniscalchi, Director Lynn Krominga also bought shares recently.


Golden Star Resources (GSS, Financial): Director Craig J. Nelsen Bought 50,000 Shares


Director of Golden Star Resources (GSS) Craig J. Nelsen bought 50,000 shares on 10/07/2011 at an average price of $2.26.


Golden Star Resources is an un-hedged gold producer that owns the Wassa gold project in Ghana and controls a number of gold exploration properties in West Africa. Golden Star Resources has a market cap of $584.46 million; its shares were traded at around $2.26 with and P/S ratio of 1.35.


On Aug. 8, 2011, Golden Star Resources Ltd. announced its unaudited second quarter 2011 results: Gold sales of 72,540 ounces from Bogoso/Prestea and Wassa/HBB mines for the second quarter of 2011, down 14% from the first quarter of 2011; gold revenues of $109.8 million for the second quarter of 2011, were down 6% compared to gold revenues for the first quarter of 2011; second quarter 2011 net loss attributable to Golden Star shareholders of $5.0 million or $0.020 per share compared to a net loss of $5.6 million or $0.022 per share for the second quarter of 2010.Separately, Director Christopher M.T. Thompson bought 100,000 shares of GSS stock on 08/22/2011 at the average price of $2.32.


Ladenburg Thalmann Financial Services Inc. (LTS, Financial): Director Jacqueline M. Simkin Bought 7,710 Shares


Director of Ladenburg Thalmann Financial Services Inc. (LTS) Jacqueline M. Simkin bought 7,710 shares on 10/07/2011 at an average price of $1.82.


Ladenburg Thalmann Financial Services is a holding company engaged in the retail and institutional securities brokerage business and, through its subsidiary GBI Capital Partners, Inc. Ladenburg Thalmann Financial Services Inc. has a market cap of $333.29 million; its shares were traded at around $1.82 with and P/S ratio of 1.71.


On Aug. 17, 2011, Ladenburg Thalmann Financial Services Inc. announced that it has signed a definitive agreement to acquire Securities America Financial Corporation and its subsidiaries, an independent broker-dealer and investment advisor with a broad nationwide presence, from Ameriprise Financial Inc. Under the terms of the transaction, Ladenburg will pay $150 million in cash in initial consideration at closing with the potential for additional cash payments in the event that certain performance targets are met by Securities America during 2012 and 2013.


President and CEO Richard Lampen has been buying shares repeatedly in the recent months.


Director, 10% Owner Phillip Md Et Al Frost, Director Richard J. Rosenstock, and Executive Vice President Mark Zeitchick also bought shares in the company recently.


Cohen & Steers Majors Fund Inc. (DVM, Financial): Director Bonnie Cohen Bought 5,000 Shares


Director of Cohen & Steers Majors Fund Inc. (DVM) Bonnie Cohen bought 5,000 shares during the past week at an average price of $12.15. Cohen & Steers Majors Fund Inc. has a market cap of $247.9 million; its shares were traded at around $12.15 . The dividend yield of Cohen & Steers Majors Fund Inc. stocks is 7.9%.


Cohen & Steers is to release third quarter 2011 results on Oct. 19, 2011.


On the other hand, Director Michael G. Clark also bought shares in the recent month.


For the complete list of stocks that bought by their company executives, go to: Insider Buys.