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Weekly CEO Buys Highlight: KPON, PZG, BTMI, CAK, JBSS

April 01, 2012 | About:
GuruFocus

GuruFocus

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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:

Kopin Corp (KOPN): President and CEO John C C Fan Bought 101,800 Shares

President and CEO of Kopin Corp (KOPN) John C C Fan bought 101,800 shares during the past week at an average price of $4.07. Kopin Corp. is a manufacturer of gallium arsenide transistor products and miniature flat panel displays for wireless communications and portable consumer electronics. Kopin Corp has a market cap of $251.3 million; its shares were traded at around $4.07 with a P/E ratio of 62.5 and P/S ratio of 1.9.

Kopin recently reported its fourth quarter and fiscal year 2011 results. Fourth-quarter 2011 GAAP (Generally Accepted Accounting Principles) net loss was $67,000, or $0.00 per basic and diluted share, compared with net income of $4.7 million, or $0.07 per diluted share, for the fourth quarter of 2010.

Jean-Marie Eveillard owns 4,920,113 shares as of 12/31/2011, which accounts for 0.084% of the $22.79 billion portfolio of First Eagle Investment Management, LLC.

Chief Technology Officer Hong K Choi bought 30,000 shares of KOPN stock on 03/22/2012 at the average price of 3.51. Hong K Choi owns at least 221,696 shares after this. The price of the stock has increased by 15.95% since.

Paramount Gold (PZG): CEO Christopher Crupi Bought 100,000 Shares

CEO of Paramount Gold (PZG) Christopher Crupi bought 100,000 shares during the past week at an average price of $2.26. Paramount Gold and Silver Corp. engages in the acquisition, exploration, and development of gold, silver, and precious metal properties primarily in Mexico. Paramount Gold has a market cap of $331.3 million; its shares were traded at around $2.26 with and P/S ratio of 1104.2.

CFO Carlo Buffone bought 20,000 shares of PZG stock on 03/29/2012 at the average price of 2.2. Carlo Buffone owns at least 20,000 shares after this. The price of the stock has increased by 2.73% since.

Biomimetic Ther (BMTI): President and CEO Samuel Eugene Lynch Bought 83,150 Shares

President and CEO of Biomimetic Ther (BMTI) Samuel Eugene Lynch bought 83,150 shares during the past week at an average price of $2.47. BioMimetic Therapeutics is a biotech company utilizing recombinant human platelet-derived growth factor (rhPDGF-BB) as its primary technology platform. Biomimetic Ther has a market cap of $64.8 million; its shares were traded at around $2.47 with and P/S ratio of 37.5.

BioMinetic Therapeutics Inc. recently reported its financial results as of and for the three and twelve months ended December 31, 2011. For the three months ended December 31, 2011, the Company reported a net loss of $9.9 million, or $0.35 per diluted share, compared to a net loss of $10.0 million, or $0.36 per diluted share, for the same period in 2010.

CFO Lawrence E Bullock bought 20,000 shares of BMTI stock on 03/20/2012 at the average price of 2.2. Lawrence E Bullock owns at least 106,723 shares after this. The price of the stock has increased by 12.27% since. There are mixed trades from other insiders.

Camac Energy (CAK): Chairman and CEO Kase Lukman Lawal Bought 185,000 Shares

Chairman and CEO of Camac Energy (CAK) Kase Lukman Lawal bought 185,000 shares during the past week at an average price of $1. CAMAC Energy Inc., formerly known as Pacific Asia Petroleum, Inc. Camac Energy has a market cap of $132.4 million; its shares were traded at around $1 with a P/E ratio of 85.2 and P/S ratio of 3.4.

CAK recently announced a net loss of $1.7 million, or $0.01 per diluted share for the quarter ended December 31, 2011. For the same period in 2010, CAMAC Energy reported a net loss of $35.6 million, or $0.25 per diluted share, which included $0.21 per diluted share of intervention expenses.

General Counsel SR VP Nicolas J Evanoff bought 5,100 shares of CAK stock on 03/26/2012 at the average price of 0.9. Nicolas J Evanoff owns at least 319,373 shares after this.

Sanfilippo Jb&S (JBSS): CEO, 10% Owner Jeffrey T Sanfilippo Bought 10,000 Shares

CEO, 10% Owner of Sanfilippo Jb&S (JBSS) Jeffrey T Sanfilippo bought 10,000 shares on 03/26/2012 at an average price of $12.47. John B. Sanfilippo & Son, Inc. is a processor, packager, marketer and distributor of shelled and in-shell nuts and extruded snacks that are sold under a variety of private labels and under the Company's Fisher, Evon's, Snack 'N Serve Nut Bowl, Sunshine Country, Flavor Tree and Texas Pride brand names. Sanfilippo Jb&s has a market cap of $128.3 million; its shares were traded at around $12.47 with a P/E ratio of 10.7 and P/S ratio of 0.2.

Mario Gabelli bought 13,000 shares in the quarter that ended on 12/31/2011, which is less than 0.01% of the $12.57 billion portfolio of GAMCO Investors.

Director, 10% Owner Jasper B Sanfilippo bought 36,163 shares of JBSS stock on 03/26/2012 at the average price of 11.14. Jasper B Sanfilippo owns at least 320,295 shares after this. The price of the stock has increased by 11.94% since. There are mixed trades from other insiders.

  • 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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