Weekly CEO Buys Highlight: AHC, AHT, OMG, SPN, FSC

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Mar 11, 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:


Ah Belo Corp (AHC, Financial): Chairman, President & CEO Robert W Decherd Bought 87,000 Shares


Chairman, President & CEO of Ah Belo Corp (AHC) Robert W Decherd bought 87,000 shares on 03/07/2012 at an average price of $5. A. H. Belo Corporation headquartered in Dallas, Texas, is a distinguished newspaper publishing and local news and information company that owns and operates four daily newspapers and a diverse group of Web sites. Ah Belo Corp has a market cap of $97.2 million; its shares were traded at around $5 with and P/S ratio of 0.2. The dividend yield of Ah Belo Corp stocks is 5.3%.


AHC recently reported fourth quarter and full year 2011 net earnings per share of $0.29 and $0.55, respectively, compared to $0.38 and $0.83, respectively, for fourth quarter and full year 2010. The fourth quarter of 2011 includes a non-cash gain, net of taxes, of $2.9 million, or $0.03 per share, related to the division of assets of Belo Investment, LLC


Ashford Hosptly (AHT, Financial): CEO Montgomery J Bennett Bought 43,104 Shares


CEO of Ashford Hosptly (AHT) Montgomery J Bennett bought 43,104 shares during the past week at an average price of $8.58. Ashford Hospitality Trust Inc is a self advised Maryland corporation and real estate investment trust organized to pursue opportunities in the lodging industry. Ashford Hosptly has a market cap of $591.9 million; its shares were traded at around $8.58 with a P/E ratio of 4.6 and P/S ratio of 0.7. The dividend yield of Ashford Hosptly stocks is 4.6%. Ashford Hosptly had an annual average earnings growth of 12.6% over the past 10 years.


Om Group Inc (OMG, Financial): Chairman and CEO Joseph Scaminace Bought 15,000 Shares


Chairman and CEO of Om Group Inc (OMG) Joseph Scaminace bought 15,000 shares on 03/05/2012 at an average price of $24.9. OM Group, Inc. is a international producer and marketer ofvalue-added metal-based specialty chemicals and powders. Om Group Inc has a market cap of $819.8 million; its shares were traded at around $24.9 with a P/E ratio of 6.7 and P/S ratio of 0.5. Om Group Inc had an annual average earnings growth of 1% over the past 5 years.


OMG recently reported its fourth quarter and full year 2011 results. The company announced that net income was $37.9 million.


Richard Snow owns 14,541 shares as of 12/31/2011, an increase of 25.83% from the previous quarter. This position accounts for 0.016% of the $2.04 billion portfolio of Snow Capital Management, L.P. Ken Fisher owns 283,050 shares as of 12/31/2011, a decrease of 33.15% of from the previous quarter. This position accounts for 0.019% of the $33.5 billion portfolio of Fisher Asset Management, LLC. Joel Greenblatt sold out his holdings in the quarter that ended on 12/31/2011.


VP and CFO Christopher M Hix bought 5,000 shares of OMG stock on 03/02/2012 at the average price of 25.33. Christopher M Hix owns at least 48,900 shares after this. The price of the stock has decreased by 1.7% since.


Superior Energy (SPN, Financial): CEO David D Dunlap Bought 10,000 Shares


CEO of Superior Energy (SPN) David D Dunlap bought 10,000 shares on 03/01/2012 at an average price of $29.8. SUPERIOR ENERGY SERVICES, INC. is engaged in the business of providing offshore plugging and abandonment and wireline services in the Gulf ofMexico, the development, manufacture and sale of electronic torque and pressure control equipment and thread protectors which are used in connection with oil and gas exploration, the development, manufacture and sale of oil spill containment boom and ancillary equipment and the rental of specialized oil well equipment and fishing tools. Superior Energy has a market cap of $2.42 billion; its shares were traded at around $29.8 with a P/E ratio of 14.4 and P/S ratio of 1.2. Superior Energy had an annual average earnings growth of 17.7% over the past 10 years. GuruFocus rated Superior Energy the business predictability rank of 2-star.


SPN recently announced net income of $19.4 million, or $0.24 per diluted share on record revenue of $580.0 million for the fourth quarter of 2011, and non-GAAP adjusted net income of $54.6 million, or $0.67 per diluted share, after excluding the following:


Ron Baron bought 600,690 shares in the quarter that ended on 12/31/2011, which is 0.11% of the $15.45 billion portfolio of Baron Funds. Joel Greenblatt bought 10,747 shares in the quarter that ended on 12/31/2011, which is 0.037% of the $829 million portfolio of Gotham Capital. David Dreman owns 1,145,506 shares as of 12/31/2011, which accounts for 0.74% of the $4.42 billion portfolio of Dreman Value Management.


Director Peter D Kinnear bought 10,000 shares of SPN stock on 02/27/2012 at the average price of 29.69. Peter D Kinnear owns at least 10,000 shares after this. The price of the stock has increased by 0.37% since.


Fifth Street Fi (FSC, Financial): CEO Leonard M Tannenbaum Bought 30,000 Shares


CEO of Fifth Street Fi (FSC) Leonard M Tannenbaum bought 30,000 shares on 03/06/2012 at an average price of $9.93. 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 Fi has a market cap of $809.8 million; its shares were traded at around $9.93 with a P/E ratio of 9.7 and P/S ratio of 6.5. The dividend yield of Fifth Street Fi stocks is 11.7%.


David Einhorn owns 1,998,692 shares as of 12/31/2011, which accounts for 0.37% of the $5.23 billion portfolio of Greenlight Capital. Whitney Tilson owns 100,000 shares as of 12/31/2011, a decrease of 50% of from the previous quarter. This position accounts for 0.49% of the $195 million portfolio of T2 Partners Management, LP.


FSC recently reported its quarter ended December 31st, 2011, financial results. Net investment income for the quarter ended December 31, 2011 was $21.0 million or $0.29 per share, as compared to $14.1 million or $0.26 per share for the quarter ended December 31, 2010;


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 3.12% since. Other insiders have also increased their positions in the company.