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Weekly CEO Buys Highlight: MDR, MASI, FCH, FGP, FUR

June 10, 2012 | About:
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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:



Mcdermott Intl (NYSE:MDR): President and CEO Stephen Marcum Johnson Bought 102,368 Shares

President and CEO of Mcdermott Intl (NYSE:MDR) Stephen Marcum Johnson bought 102,368 shares on 06/06/2012 at an average price of $10.73. McDermott International is one of the worldwide energy services companies. Mcdermott Intl has a market cap of $2.26 billion; its shares were traded at around $10.73 with a P/E ratio of 16.3 and P/S ratio of 0.7.

Ken Fisher owns 4,005,800 shares as of 03/31/2012, an increase of 73.83% from the previous quarter. This position accounts for 0.14% of the $37.47 billion portfolio of Fisher Asset Management, LLC. John Keeley owns 2,969,054 shares as of 03/31/2012, an increase of 17.93% from the previous quarter. T his position accounts for 0.77% of the $4.94 billion portfolio of Keeley Fund Management. Ronald Muhlenkamp sold out his holdings in the quarter that ended on 03/31/2012.

McDermott International recently reported income from continuing operations of $59.3 million, or $0.25 per diluted share, for the 2012 first quarter. The results of the 2012 first quarter compare to income from continuing operations of $68.8 million, or $0.29 per diluted share, in the corresponding period of 2011.

SrVP, Gen.Counsel & Corp. Sec. Liane K Hinrichs bought 15,000 shares of MDR stock on 06/06/2012 at the average price of 9.6. Liane K Hinrichs owns at least 138,262 shares after this. The price of the stock has increased by 11.77% since. Other insiders have also increased their positions in the company.

Masimo Corp (NASDAQ:MASI): CEO and Chairman of the Board Joe E Kiani Bought 50,000 Shares

CEO and Chairman of the Board of Masimo Corp (NASDAQ:MASI) Joe E Kiani bought 50,000 shares on 06/01/2012 at an average price of $19.39. Masimo develops innovative monitoring technologies that significantly improve patient care -- helping solve `unsolvable` problems. Masimo Corp has a market cap of $1.08 billion; its shares were traded at around $19.39 with a P/E ratio of 18.1 and P/S ratio of 2.5. Masimo Corp had an annual average earnings growth of 6.7% over the past 5 years.

MASI recently reported its first quarter 2012 financial results. Masimo's total first quarter revenue, including royalties, rose 6% to $119.2 million, compared to $113.0 million for the first quarter of 2011. First quarter 2012 product revenue rose 11% to $112.2 million, compared to $101.6 million for the first quarter of 2011.

John Burbank bought 100,000 shares in the quarter that ended on 03/31/2012, which is 0.079% of the $2.95 billion portfolio of Passport Capital. Joel Greenblatt owns 69,345 shares as of 03/31/2012, an increase of 110.46% from the previous quarter. This position accounts for 0.14% of the $1.15 billion portfolio of Gotham Capital.

Director Jack W Lasersohn bought 1,000 shares of MASI stock on 06/01/2012 at the average price of 18.38. Jack W Lasersohn owns at least 1,000 shares after this. The price of the stock has increased by 5.5% since.

Felcor Lodging (NYSE:FCH): President and CEO Richard Allen Smith Bought 150,000 Shares

President and CEO of Felcor Lodging (NYSE:FCH) Richard Allen Smith bought 150,000 shares during the past week at an average price of $4.31. 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 $491.3 million; its shares were traded at around $4.31 with a P/E ratio of 30.4 and P/S ratio of 0.5.

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.

Felcor Lodging recently reported its first quarter 2012 financial results. Net loss was $28.9 million. The company also sold off 6 hotels during the quarter for $103 million, with a majority of that money being used to pay off debts.

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 4.22% since. Other insiders have also increased their positions in the company.

Ferrellgas -Lp (NYSE:FGP): CEO and President Stephen L Wambold Bought 31,150 Shares

CEO and President of Ferrellgas -Lp (NYSE:FGP) Stephen L Wambold bought 31,150 shares on 06/01/2012 at an average price of $17.25. FERRELLGAS PARTNERS, L.P. is engaged in the sale, distribution, marketing and trading of propane and other natural gas liquids. Ferrellgas -lp has a market cap of $1.32 billion; its shares were traded at around $17.25 with and P/S ratio of 0.6. The dividend yield of Ferrellgas -lp stocks is 11.9%.

EVP and CFO; Treasurer James R Vanwinkle bought 10,000 shares of FGP stock on 06/06/2012 at the average price of 11.63. James R Vanwinkle owns at least 30,000 shares after this. The price of the stock has increased by 48.32% since.

Winthrop Realty (NYSE:FUR): Chairman and CEO, 10% Owner Michael L Ashner Bought 27,000 Shares

Chairman and CEO, 10% Owner of Winthrop Realty (NYSE:FUR) Michael L Ashner bought 27,000 shares on 06/01/2012 at an average price of $11.22. Winthrop Realty Trust is a Boston-based real estate investment trust. Winthrop Realty has a market cap of $333.9 million; its shares were traded at around $11.22 with a P/E ratio of 5.9 and P/S ratio of 4.8. The dividend yield of Winthrop Realty stocks is 6.4%. Winthrop Realty had an annual average earnings growth of 13.9% over the past 10 years.

Winthrop recently reported its first quarter 2012 financial results. Net income applicable to Common Shares for the quarter ended March 31, 2012 was $7.3 million, or $0.22 per Common Share, compared with net income of $7.1 million, or $0.26 per Common Share for the quarter ended March 31, 2011.

  • 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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