Free 7-day Trial
All Articles and Columns »

Weekly CEO Buys Highlight: CLR, FCH, SFLY, AES, BECN

GuruFocus

gurufocus

308 followers
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:

Contl Resources (CLR): CEO & Chairman, 10% Owner Harold Hamm Bought 100,000 Shares

CEO & Chairman, 10% Owner of Contl Resources (CLR) Harold Hamm bought 100,000 shares on 05/16/2012 at an average price of $71.31. CONTINENTAL RESOURCES is a crude-oil concentrated, independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. Contl Resources has a market cap of $13.96 billion; its shares were traded at around $71.31 with a P/E ratio of 26.4 and P/S ratio of 8.5. Contl Resources had an annual average earnings growth of 18.2% over the past 5 years.

CLR recently announced its first quarter 2012 results. The company reported Adjusted EBITDA (a non-GAAP measure) of $345.7 million for the first quarter of 2012 compared to $305.8 million in the first quarter of 2011, a 13% increase.

Meridian Funds owns 532,015 shares as of 03/31/2012, which accounts for 1.4% of the $3.37 billion portfolio of Meridian Fund. Mario Gabelli owns 12,880 shares as of 03/31/2012, which accounts for 0.0079% of the $13.95 billion portfolio of GAMCO Investors. John Keeley owns 326,935 shares as of 03/31/2012, a decrease of 20.96% of from the previous quarter. This position accounts for 0.57% of the $4.94 billion portfolio of Keeley Fund Management.

Sr. VP & CFO John D Hart sold 4,000 shares of CLR stock on 12/02/2011 at the average price of 70.5. John D Hart owns at least 79,892 shares after this. The price of the stock has increased by 1.15% since. Other insiders have also decreased their positions in the company.

Felcor Lodging (FCH): President and CEO Richard Allen Smith Bought 173,565 Shares

President and CEO of Felcor Lodging (FCH) Richard Allen Smith bought 173,565 shares during the past week at an average price of $3.99. FelCor Lodging Trust Inc., a real estate investment trust, is one of the nation's largest owners of upper-upscale, all-suite hotels. Felcor Lodging has a market cap of $574.6 million; its shares were traded at around $3.99 with a P/E ratio of 35.5 and P/S ratio of 0.6.

FCH recently reported its first quarter 2011 results. Hotel EBITDA was $48.2 million, 3.5% higher than $46.6 million for the same period in 2011.

John Paulson owns 5,700,000 shares as of 03/31/2012, which accounts for 0.14% of the $14.96 billion portfolio of Paulson & Co. Arnold Schneider owns 737,790 shares as of 03/31/2012, a decrease of 77.56% of from the previous quarter. This position accounts for 0.22% of the $1.23 billion portfolio of Schneider Capital Management.

Executive VP & CFO Andrew J Welch bought 15,290 shares of FCH stock on 05/17/2012 at the average price of 4.5. Andrew J Welch owns at least 381,263 shares after this. The price of the stock has decreased by 11.33% since. Other insiders have also increased their positions in the company.

Shutterfly Inc (SFLY): PRESIDENT & CEO Jeffrey T Housenbold Bought 30,000 Shares

PRESIDENT & CEO of Shutterfly Inc (SFLY) Jeffrey T Housenbold bought 30,000 shares on 05/14/2012 at an average price of $23.75. Shutterfly, Inc. is an Internet-based social expression and personal publishing service. Shutterfly Inc has a market cap of $927.4 million; its shares were traded at around $23.75 with a P/E ratio of 45.9 and P/S ratio of 2. Shutterfly Inc had an annual average earnings growth of 10.3% over the past 5 years.

SFLY recently reported its first quarter 2012 results. Net revenues totaled $91.3 million, a 60% year-over-year increase. First quarter 2012 represents the 45th consecutive quarter of year-over-year net revenue growth.

George Soros bought 150,000 shares in the quarter that ended on 03/31/2012, which is 0.069% of the $6.84 billion portfolio of Soros Fund Management LLC. PRIMECAP Management bought 760,355 shares in the quarter that ended on 03/31/2012, which is 0.035% of the $67.24 billion portfolio of PRIMECAP Management. Ron Baron owns 189,900 shares as of 03/31/2012, a decrease of 24.04% of from the previous quarter. This position accounts for 0.036% of the $16.69 billion portfolio of Baron Funds.

Director James N White bought 35,000 shares of SFLY stock on 11/30/2011 at the average price of 27.6. James N White owns at least 126,508 shares after this. The price of the stock has decreased by 13.95% since. Other insiders have also decreased their positions in the company.

Aes Corp (AES): President and CEO Andres Gluski Bought 41,667 Shares

President and CEO of Aes Corp (AES) Andres Gluski bought 41,667 shares on 05/09/2012 at an average price of $11.95. AES Corporation and its subsidiaries and affiliates are a global power company committed to serving the world's needs for electricity in a socially responsible way. Aes Corp has a market cap of $9.48 billion; its shares were traded at around $11.95 with a P/E ratio of 11.8 and P/S ratio of 0.6.

Mario Gabelli owns 718,500 shares as of 03/31/2012, an increase of 19.75% from the previous quarter. This position accounts for 0.067% of the $13.95 billion portfolio of GAMCO Investors. Joel Greenblatt sold out his holdings in the quarter that ended on 03/31/2012. Ray Dalio sold out his holdings in the quarter that ended on 03/31/2012.

Vice President Human Resources Rita Trehan bought 4,250 shares of AES stock on 05/09/2012 at the average price of 11.79. Rita Trehan owns at least 33,968 shares after this. The price of the stock has increased by 1.36% since.

Beacon Roofing (BECN): President & CEO Paul Isabella Bought 19,600 Shares

President & CEO of Beacon Roofing (BECN) Paul Isabella bought 19,600 shares on 05/11/2012 at an average price of $24.2. Beacon Roofing Supply, Inc. is one of the largest distributors of residential and non-residential roofing materials in the United States and Canada. Beacon Roofing has a market cap of $1.18 billion; its shares were traded at around $24.2 with a P/E ratio of 16.6 and P/S ratio of 0.7. Beacon Roofing had an annual average earnings growth of 6.8% over the past 10 years.

BECN recently reported its second quarter 2012 results. Total sales increased 33.4% to $395.2 million in 2012 from $296.3 million in 2011. Existing market (organic) sales, which exclude branches acquired after the beginning of last year's second quarter, increased 28.2%.

Chairman Robert R Buck sold 64,900 shares of BECN stock on 05/11/2012 at the average price of 25.35. Robert R Buck owns at least 53,817 shares after this. The price of the stock has decreased by 4.54% since. Other insiders have also decreased their positions in the company.


Rating: 3.7/5 (6 votes)

Comments

Please leave your comment:


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)
Free 7-day Trial
FEEDBACK
Hide