President and CEO of Rogers Corporation (ROG) Bruce D. Hoechner bought 3,299 shares on 07/16/2012 at an average price of $36.35. The total transaction amount is $119,919. Rogers Corporation manufactures and sells specialty polymer composite materials and components which it develops for growing markets and applications around the world. Rogers Corporation has a market cap of $612.5 million; its shares were traded at around $37.14 with a P/E ratio of 17 and P/S ratio of 1.1.

President and CEO Bruce Hoechner recently trade twice in the company, both times increasing his stake. Prior to his purchase of 3,299 shares of the company on 7/16/2012, he bought 756 shares on 7/13/2012. In all he owns about 26,000 shares of the company. Meanwhile, other insiders are decreasing their positions in the company.

Hoechner has served as president and CEO of ROG since Oct. 3, 2011. Previously, he was the vice president and general manager of Paint and Coatings Materials of Rohm and Haas Company since Jan. 1, 2007. He graduated from the Wharton School of Business in 1989, then got a B.S. in chemical engineering from Penn State University.

One guru currently has a stake in Rogers Corp. Ron Baron owns 1,000,000 shares as of 03/31/2012, which accounts for 0.23% of the $16.69 billion portfolio of Baron Funds.

ROG has an average annual growth average of 6.9% for the last 10 years. Revenues were up 23% in the last 12 months. Earnings per share were positive in all years but 2009, in which the company reported a net loss of $4.01 per share. Rogers Corp. holds $79.72 million in cash, and has $115 million in long-term debt and an additional $153 million in other long-term liabilities. The company issued $11.82 million worth of shares in 2011.

Track Gurus’ Stock Purchases Daily – Real Time Guru Picks

GuruFocus "Real Time Picks" reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 3 days after the date of the transaction. This is just one of the features provided with GuruFocus Premium Membership.

Click Here to Try It Free!

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool