GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Weekly CEO Buys Highlight: SXL, JBSS, GNMK, CNDO, DCO

June 30, 2012 | About:
hyperman299

GuruFocus

350 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:



Sunoco Logistics Partners L.P. (SXL): President & CEO Michael J Hennigan Bought 7,200 Shares

President & CEO of Sunoco Logistics Partners L.P. (SXL) Michael J Hennigan bought 7,200 shares on 06/26/2012 at an average price of $36.27. Sunoco Logistics Partners L.P. is a limited partnership recently formed by Sunoco, Inc. Sunoco Logistics Partners L.p. has a market cap of $3.49 billion; its shares were traded at around $36.27 with a P/E ratio of 10.3 and P/S ratio of 0.3. The dividend yield of Sunoco Logistics Partners L.p. stocks is 4.9%. Sunoco Logistics Partners L.p. had an annual average earnings growth of 13.1% over the past 10 years.

Sunoco Logistics Partners recently reported its results for the first quarter 2012. The company announced net income attributable to owners for the first quarter 2012 of $95 million ($0.77 per unit diluted), compared with $48 million ($0.36 per unit diluted) for the first quarter 2011.

John B. Sanfilippo & Son, Inc. (JBSS): CEO, 10% Owner Jeffrey T Sanfilippo Bought 11,856 Shares

CEO, 10% Owner of John B. Sanfilippo & Son, Inc. (JBSS) Jeffrey T Sanfilippo bought 11,856 shares on 06/25/2012 at an average price of $17.85. 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. John B. Sanfilippo & Son, Inc. has a market cap of $163.5 million; its shares were traded at around $17.85 with a P/E ratio of 8.6 and P/S ratio of 0.2.

Mario Gabelli owns 20,000 shares as of 03/31/2012, an increase of 53.85% from the previous quarter. This position accounts for 0.0018% of the $13.95 billion portfolio of GAMCO Investors.

COO, President, 10% Owner Jasper Brian Jr Sanfilippo bought 5,531 shares of JBSS stock on 03/26/2012 at the average price of 11.14. Jasper Brian Jr Sanfilippo owns at least 1,434,806 shares after this. The price of the stock has increased by 60.23% since. There are mixed trades from other insiders.

GenMark Diagnostics, Inc (GNMK): President and CEO Hany Massarany Bought 25,000 Shares

President and CEO of GenMark Diagnostics, Inc (GNMK) Hany Massarany bought 25,000 shares on 06/26/2012 at an average price of $4.34. GenMark Diagnostics, Inc. is a molecular diagnostics company focused on developing and commercializing its proprietary eSensor(R) detection technology. Genmark Diagnostics, Inc has a market cap of $89.8 million; its shares were traded at around $4.34 with and P/S ratio of 17.9.

Genmark recently reported its first quarter 2012 results. Revenues for the quarter ending March 31, 2012 were $2.2 million compared with $758,000 during the first quarter of 2011. The 185% year-over-year increase in total revenue reflects an increase in the number of systems placed at customer sites, growth in test menus and a significant increase in the number of tests sold.

CFO Richard B Slansky bought 25,000 shares of GNMK stock on 06/26/2012 at the average price of 4.2. Richard B Slansky owns at least 60,395 shares after this. The price of the stock has increased by 3.33% since. Other insiders have also increased their positions in the company.

Coronado Biosciences Inc (CNDO): President and CEO Bobby W Phd Sandage Bought 10,000 Shares

President and CEO of Coronado Biosciences Inc (CNDO) Bobby W Phd Sandage bought 10,000 shares on 06/22/2012 at an average price of $5.05. Coronado Biosciences, Inc. is a biopharmaceutical company, engaged in the development of novel immunotherapy agents for cancer and inflammatory diseases. Coronado Biosciences Inc has a market cap of $98.7 million; its shares were traded at around $5.05.

CNDO recently reported its first quarter 2012 financial results. Coronado reported a net loss of $6.6 million, or $0.35 per share, for the first quarter of 2012 compared to a net loss of $22.5 million, or $4.71 per share, for the first quarter of 2011. Included in the net loss for the first quarter of 2011 was an in-process research and development (R&D) expense of $20.7 million.

CFO Lucy Lu bought 10,000 shares of CNDO stock on 06/22/2012 at the average price of 5. Lucy Lu owns at least 10,000 shares after this. The price of the stock has increased by 1% since. Other insiders have also increased their positions in the company.

Ducommun Incorporated (DCO): President and CEO Anthony J Reardon Bought 6,000 Shares

President and CEO of Ducommun Incorporated (DCO) Anthony J Reardon bought 6,000 shares on 06/22/2012 at an average price of $9.81. Ducommun Incorporated manufactures components and assemblies principally for domestic and foreign commercial and military aircraft and space programs. Ducommun Incorporated has a market cap of $83.7 million; its shares were traded at around $9.81 with a P/E ratio of 6.2 and P/S ratio of 0.1.

Ducommun Inc. recently reported its first quarter 2012 results. Sales for the first quarter of 2012 increased 85% to $184.3 million, compared with $99.6 million for the first quarter of 2011, reflecting $84.4 million in revenue from the acquisition of LaBarge. The Company reported net income of $2.4 million, or $0.23 per fully diluted share, compared with net income of $2.9 million, or $0.27 per fully diluted share, for the comparable period last year.

Mario Gabelli owns 58,149 shares as of 03/31/2012, which accounts for 0.005% of the $13.95 billion portfolio of GAMCO Investors. Richard Snow owns 41,103 shares as of 03/31/2012, which accounts for 0.023% of the $2.14 billion portfolio of Snow Capital Management, L.P..

Director Joseph C Berenato bought 6,000 shares of DCO stock on 06/21/2012 at the average price of 7.95. Joseph C Berenato owns at least 86,506 shares after this. The price of the stock has increased by 23.4% since. Other insiders have also increased their positions in the company.


Rating: 4.0/5 (4 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