Weekly CEO Buys Highlight: PKY, TWO, UVSP, AGYS, ANGO

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Feb 19, 2012
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:


Parkway Properties Inc. (PKY, Financial): President and CEO James R Heistand Bought 100,000 Shares


President and CEO of Parkway Properties Inc. (PKY) James R Heistand bought 100,000 shares during the past week at an average price of $10.16. Parkway Properties, Inc. is a self-administered, self-managed real estate investment trust specializing in the acquisition, ownership, management,financing and leasing of office properties in the Southeastern United States and Texas. Parkway Properties Inc. has a market cap of $219.3 million; its shares were traded at around $10.16 with a P/E ratio of 5.3 and P/S ratio of 1.3. The dividend yield of Parkway Properties Inc. stocks is 3%.


PKY recently reported its full year and fourth quarter 2011 results. Net loss attributable to common shareholders for the three months ended December 31, 2011, was $59.8 million, or $2.78 per diluted share, as compared to net loss attributable to common shareholders of $12.4 million or $0.58 per diluted share, for the three months ended December 31, 2010.


EVP & CFO Richard G Iv Hickson bought 2,500 shares of PKY stock on 02/10/2012 at the average price of 9.93. Richard G Iv Hickson owns at least 49,735 shares after this. The price of the stock has increased by 2.32% since.


Two Harbors Investment Corp. (TWO, Financial): CEO, President Thomas Siering Bought 50,000 Shares


CEO, President of Two Harbors Investment Corp. (TWO) Thomas Siering bought 50,000 shares on 02/14/2012 at an average price of $10.2. Two Harbors Investment Corp is a Real Estate Investment Trust that focuses on investing in, financing and managing residential mortgage-backed securities and mortgage loans. Two Harbors Investment Corp. has a market cap of $1.39 billion; its shares were traded at around $10.2 with a P/E ratio of 5.7 and P/S ratio of 7.8. The dividend yield of Two Harbors Investment Corp. stocks is 16.2%.


Whitney Tilson owns 36,195 shares as of 12/31/2011, which accounts for 0.17% of the $195 million portfolio of T2 Partners Management, LP.


Vice Pres., CFO & Treasurer Brad Farrell bought 2,200 shares of TWO stock on 02/14/2012 at the average price of 9.92. Brad Farrell owns at least 10,850 shares after this. The price of the stock has increased by 2.82% since. Other insiders have also increased their positions in the company.


Univest Corp. of Pennsylvania (UVSP, Financial): Director, Chairman, Pres & CEO William S Aichele Bought 9,915 Shares


Director, Chairman, Pres & CEO of Univest Corp. of Pennsylvania (UVSP) William S Aichele bought 9,915 shares on 02/09/2012 at an average price of $16.78. Univest Corporation of Pennsylvania is a bank holding company. Univest Corp. Of Pennsylvania has a market cap of $268.6 million; its shares were traded at around $16.78 with a P/E ratio of 14.2 and P/S ratio of 2.2. The dividend yield of Univest Corp. Of Pennsylvania stocks is 5%.


For the year ended December 31, 2011, Univest reported net income of $18.9 million or $1.13 diluted earnings per share, compared to $15.8 million or $0.95 diluted earnings per share for the comparable period in the prior year. The increase in net income of $3.1 million during 2011 represents an increase of 19.84% over 2010.


SR. EVP & CFO Jeffrey M Schweitzer bought 1,052 shares of UVSP stock on 02/09/2012 at the average price of 16.15. Jeffrey M Schweitzer owns at least 18,505 shares after this. The price of the stock has increased by 3.9% since.


Agilysys Inc. (AGYS, Financial): President & CEO Jim Dennedy Bought 10,000 Shares


President & CEO of Agilysys Inc. (AGYS) Jim Dennedy bought 10,000 shares on 02/13/2012 at an average price of $7.77. Agilysys, Inc. is a provider of innovative IT solutions to corporate and public-sector customers, with special expertise in select vertical markets, including retail and hospitality. Agilysys Inc. has a market cap of $161.8 million; its shares were traded at around $7.77 with and P/S ratio of 0.2.


AGYS recently reported its fiscal 2012 third quarter results. Total net sales declined 12.6% to $51.6 million, compared with $59.0 million in the same prior-year period. Sales from the Company's Hospitality Solutions Group and its Retail Solutions Group decreased 12.1% and 12.9%, respectively.


SVP, CFO & Treasurer Robert R Ellis bought 10,000 shares of AGYS stock on 02/15/2012 at the average price of 9.3. Robert R Ellis owns at least 32,834 shares after this. The price of the stock has decreased by 16.45% since. There are mixed trades from other insiders.


AngioDynamics Inc. (ANGO, Financial): President and CEO Joseph Devivo Bought 3,000 Shares


President and CEO of AngioDynamics Inc. (ANGO) Joseph Devivo bought 3,000 shares on 02/13/2012 at an average price of $13.48. AngioDynamics, Inc. is a provider of innovative medical devices used by interventional radiologists, vascular surgeons and other physicians for the minimally invasive diagnosis and treatment of peripheral vascular disease. Angiodynamics Inc. has a market cap of $318.5 million; its shares were traded at around $13.48 with a P/E ratio of 28.2 and P/S ratio of 1.5.


ANGO recently reported net sales in the second quarter of $58.1 million, a 9% increase over the $53.4 million reported in the prior year period. U.S. sales were $49.7 million, and increased 6% compared to the second quarter of fiscal 2011.


Joel Greenblatt owns 74,094 shares as of 12/31/2011, an increase of 16.18% from the previous quarter. This position accounts for 0.13% of the $829 million portfolio of Gotham Capital. Mario Gabelli owns 100,000 shares as of 12/31/2011, which accounts for 0.012% of the $12.57 billion portfolio of GAMCO Investors.


Director Vincent Bucci bought 3,000 shares of ANGO stock on 02/15/2012 at the average price of 13.14. Vincent Bucci owns at least 33,846 shares after this. The price of the stock has increased by 2.59% since.