1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
hyperman299
hyperman299
Articles (1279) 

Weekly CEO Buys Highlight: PTP, CTFO, TWMC, FHN, WINA

October 22, 2011 | About:

According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Platinum Underwriters Holdings Ltd. (NYSE:PTP): Platinum US President and CEO H Elizabeth Mitchell Bought 14,000 Shares

Platinum US President and CEO of Platinum Underwriters Holdings Ltd. (NYSE:PTP) H Elizabeth Mitchell bought 14,000 shares on 10/20/2011 at an average price of $32.74. Platinum Underwriters Holdings, Ltd. provides property and casualty reinsurance coverages to a diverse clientele on a worldwide basis. Platinum Underwriters Holdings Ltd. has a market cap of $1.22 billion; its shares were traded at around $32.74 with and P/S ratio of 1.2. The dividend yield of Platinum Underwriters Holdings Ltd. stocks is 1%.

Platinum Underwriters Holdings recently reported its third quarter 2011 financial results. The company reported a net loss of $53.5 million and a loss per common share of $1.43 for the quarter ended September 30, 2011.

Arnold Schneider owns 138,824 shares as of 06/30/2011, an increase of 42.24% from the previous quarter. This position accounts for 0.2673% of the $1.73 billion portfolio of Schneider Capital Management. Donald Smith owns 753,531 shares as of 06/30/2011, an increase of 17.97% from the previous quarter. This position accounts for 0.8094% of the $3.09 billion portfolio of Donald Smith & Co. Donald Smith owns 753,531 shares as of 06/30/2011, which accounts for 0.8094% of the $3.09 billion portfolio of Donald Smith & Co.. David Dreman owns 759,806 shares as of 06/30/2011, which accounts for 0.4832% of the $5.23 billion portfolio of Dreman Value Management.

EVP & CFO Allan Carl Decleir bought 3,300 shares of PTP stock on 10/20/2011 at the average price of 30.12. Allan Carl Decleir owns at least 12,496 shares after this. The price of the stock has increased by 8.7% since.

China TransInfo Technology Corp. (CTFO): CEO and President, 10% Owner Shudong Xia Bought 61,134 Shares

CEO and President, 10% Owner of China TransInfo Technology Corp. (CTFO) Shudong Xia bought 61,134 shares during the past week at an average price of $3.22. CHINA TRANSINFO, through its subsidiary Beijing PKU ChinaFront High Technology Co. China Transinfo Technology Corp. has a market cap of $81.5 million; its shares were traded at around $3.22 with a P/E ratio of 5.2 and P/S ratio of 0.7. China Transinfo Technology Corp. had an annual average earnings growth of 60% over the past 5 years.

Trans World Entertainment Corp. (NASDAQ:TWMC): Chairman and CEO, 10% Owner Robert J Higgins Bought 75,000 Shares

Chairman and CEO, 10% Owner of Trans World Entertainment Corp. (NASDAQ:TWMC) Robert J Higgins bought 75,000 shares on 10/17/2011 at an average price of $2.14. Trans World Entertainment Corp. operates a chain of retail entertainment stores and an e-commerce site in a single industry segment. Trans World Entertainment Corp. has a market cap of $67.2 million; its shares were traded at around $2.14 with and P/S ratio of 0.1.

COO and President Michael Honeyman bought 155 shares of TWMC stock on 09/27/2011 at the average price of 1.91. Michael Honeyman owns at least 24,801 shares after this. The price of the stock has increased by 12.04% since.

First Horizon National Corp. (NYSE:FHN): President and CEO D Bryan Jordan Bought 10,000 Shares

President and CEO of First Horizon National Corp. (NYSE:FHN) D Bryan Jordan bought 10,000 shares on 10/20/2011 at an average price of $6.92. The First Horizon National family of companies provides financial services to individual and business customers through: First Horizon Home Loans, FTN Financial, First Tennessee Bank, and First Horizon Merchant Services. First Horizon National Corp. has a market cap of $1.82 billion; its shares were traded at around $6.92 with a P/E ratio of 38.7 and P/S ratio of 1. The dividend yield of First Horizon National Corp. stocks is 0.6%.

First Horizon National recently reported its third quarter 2011 results. Net income available to common shareholders improved to $36.1 million, compared to second quarter's net income of $20.0 million.

HOTCHKIS & WILEY owns 3,315,921 shares as of 06/30/2011, which accounts for 0.185% of the $17.1 billion portfolio of Hotchkis & Wliey Capital Management LLC. John Paulson owns 7,676,827 shares as of 06/30/2011, which accounts for 0.252% of the $29.06 billion portfolio of Paulson & Co..

Director Mark A Emkes bought 2,000 shares of FHN stock on 07/20/2011 at the average price of 9.41. Mark A Emkes owns at least 17,942 shares after this. The price of the stock has decreased by 26.46% since.

Winmark Corp. (NASDAQ:WINA): Chairman & CEO, 10% Owner John L Morgan Bought 1,384 Shares

Chairman & CEO, 10% Owner of Winmark Corp. (NASDAQ:WINA) John L Morgan bought 1,384 shares on 10/17/2011 at an average price of $47.9. 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 $238.2 million; its shares were traded at around $47.9 with a P/E ratio of 19.3 and P/S ratio of 5.8. The dividend yield of Winmark Corp. stocks is 0.3%. Winmark Corp. had an annual average earnings growth of 13% over the past 10 years.

Winmark recently announced net income for the quarter ended September 24, 2011 of $3,483,500, or $.66 per share diluted, compared to net income of $2,690,000, or $.51 per share diluted, in 2010. For the nine months ended September 24, 2011, net income was $9,910,000, or $1.89 per share diluted, compared to net income of $7,209,800, or $1.39 per share diluted, for the same period last year.

10% Owner Ronald G Olson sold 2,000 shares of WINA stock on 08/05/2011 at the average price of 45. Ronald G Olson owns at least 689,035 shares after this. The price of the stock has increased by 6.44% since. Other insiders have also decreased their positions in the company.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

» Take a Free Trial of Premium Membership


Rating: 2.4/5 (9 votes)

Comments

Please leave your comment:


GuruFocus Mobile App Available


Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK