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Weekly CEO Buys Highlight: UTHR, SUSS, ONFC, FSC, FBP

December 10, 2011 | About:
gurufocus

gurufocus

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Last week's top five stocks that were bought by their CEOs were UTHR, SUSS, ONFC, FSC, and FBP. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

United Therapeutics Corp. (UTHR): CEO Martine A Rothblatt Bought 38,687 Shares

CEO of United Therapeutics Corp. (UTHR) Martine A Rothblatt bought 38,687 shares during the past week at an average price of $42.02. UTD THERAPEUTIC is a biotechnology company focused on combating cardiovascular, inflammatory, and infectious diseases with unique therapeutic products. United Therapeutics Corp. has a market cap of $2.45 billion; its shares were traded at around $42.02 with a P/E ratio of 13.9 and P/S ratio of 4.1.

Total revenues for the quarter ended September 30, 2011 were $201.7 million, up from $168.6 million for the quarter ended September 30, 2010. Net income for the quarter ended September 30, 2011 was $84.4 million or $1.45 per basic share, compared to $39.7 million or $0.70 per basic share for the same quarter in 2010.

Joel Greenblatt owns 65,122 shares as of 09/30/2011, an increase of 274.82% from the previous quarter. This position accounts for 0.3977% of the $614 million portfolio of Gotham Capital. Edward Owens owns 1,787,000 shares as of 09/30/2011, an increase of 77.9% from the previous quarter. This position accounts for 0.3654% of the $18.34 billion portfolio of Vanguard Health Care Fund. George Soros sold out his holdings in the quarter that ended on 09/30/2011. Michael Price sold out his holdings in the quarter that ended on 09/30/2011.

CFO John Maxim Ferrari sold 5,500 shares of UTHR stock on 08/04/2011 at the average price of 51.01. The price of the stock has decreased by 17.62% since. Other insiders have also decreased their positions in the company.

Susser Holdings Corp. (SUSS): President and CEO, 10% Owner Sam L Susser Bought 25,000 Shares

President and CEO, 10% Owner of Susser Holdings Corp. (SUSS) Sam L Susser bought 25,000 shares on 12/07/2011 at an average price of $21.63. Susser Holdings Corporation is the non-refiner convenience store operator and motor fuel distributor in Texas. Susser Holdings Corp. has a market cap of $368 million; its shares were traded at around $21.63 with a P/E ratio of 8.5 and P/S ratio of 0.1. Susser Holdings Corp. had an annual average earnings growth of 24.5% over the past 5 years.

SUSS recently reported strong third quarter 2011 results. Same-store merchandise sales increased by 7.4 percent, compared with an increase of 3.4 percent in the third quarter of 2010. Average retail gallons per store per week increased 5.6 percent year-over-year, versus growth of 3.9 percent a year ago.

EVP, CFO & Treasurer Mary E Sullivan bought 1,500 shares of SUSS stock on 12/07/2011 at the average price of 21.75. Mary E Sullivan owns at least 72,180 shares after this. The price of the stock has decreased by 0.55% since. Other insiders have also increased their positions in the company.

Oneida Financial Corp. (ONFC): President and CEO R Kallet Michael Bought 28,288 Shares

President and CEO of Oneida Financial Corp. (ONFC) R Kallet Michael bought 28,288 shares during the past week at an average price of $8.9999. ONEIDA FINANCIAL CORP is a bank holding company, which through its subsidiary, Oneida Savings Bank, is engaged primarily in the business of accepting deposits from customers and using those deposits, The company has a market cap of $63.6 million; its shares were traded at around $8.99 with a P/E ratio of 11.4 and P/S ratio of 1.4. The dividend yield of Oneida Financial Corp. stocks is 5.4%.

ONFC recently announced third quarter operating results. Net income for the three months ended September 30, 2011 was $956,000, or $0.14 diluted earnings per share, compared to $815,000, or $0.12 diluted earnings per share, for the three months ended September 30, 2010.

Director Gerald Volk bought 300 shares of ONFC stock on 11/01/2011 at the average price of 8.8. Gerald Volk owns at least 17,232 shares after this. The price of the stock has increased by 2.27% since. Other insiders have also increased their positions in the company.

Fifth Street Finance Corp (FSC): CEO Leonard M Tannenbaum Bought 20,000 Shares

CEO of Fifth Street Finance Corp (FSC) Leonard M Tannenbaum bought 20,000 shares on 12/06/2011 at an average price of $9.96. FIFTH STREET FINANCE CORP. is a specialty finance company that lends to and invests in small and mid-sized companies in connection with an investment by private equity sponsors. Fifth Street Finance Corp has a market cap of $720.8 million; its shares were traded at around $9.96 with a P/E ratio of 9.8 and P/S ratio of 5.7. The dividend yield of Fifth Street Finance Corp stocks is 12.8%.

Whitney Tilson bought 200,000 shares in the quarter that ended on 09/30/2011, which is 0.6798% of the $274 million portfolio of T2 Partners Management, LP. David Einhorn owns 1,998,692 shares as of 09/30/2011, which accounts for 0.3988% of the $4.67 billion portfolio of Greenlight Capital.

CFO Alexander C Frank bought 10,000 shares of FSC stock on 09/21/2011 at the average price of 9.63. Alexander C Frank owns at least 10,000 shares after this. The price of the stock has increased by 3.43% since. Other insiders have also increased their positions in the company.

First Bancorp (FBP): President & CEO Aurelio Aleman Bought 36,666 Shares

President & CEO of First Bancorp (FBP) Aurelio Aleman bought 36,666 shares on 12/01/2011 at an average price of $3.93. First Bancorp distinguished itself by providing innovative marketing strategies and novel products to attract clients. First Bancorp has a market cap of $83.7 million; its shares were traded at around $3.93 with and P/S ratio of 0.1.

Director Cortada Jose Menendez bought 10,558 shares of FBP stock on 12/02/2011 at the average price of 3.5. Cortada Jose Menendez owns at least 21,385 shares after this. The price of the stock has increased by 12.29% since. Other insiders have also increased 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.

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gurufocus
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