Weekly CEO Buys Highlight: JPM, ROG, PBY, ANGO, MCHX

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Jul 21, 2012
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:


JPMorgan Chase & Co. (JPM, Financial): Chairman & CEO James Dimon Bought 500,000 Shares


Chairman & CEO of JPMorgan Chase & Co. (JPM) James Dimon bought 500,000 shares on 07/20/2012 at an average price of $33.9. J.P. Morgan Chase & Co. is a global financial services firm. Jpmorgan Chase & Co. has a market cap of $137.31 billion; its shares were traded at around $33.9 with a P/E ratio of 8.1 and P/S ratio of 1.4. The dividend yield of Jpmorgan Chase & Co. stocks is 3.3%.


George Soros bought 606,400 shares in the quarter that ended on 03/31/2012, which is 0.41% of the $6.84 billion portfolio of Soros Fund Management LLC. David Williams owns 1,250,000 shares as of 12/31/2011, a decrease of 47.18% of from the previous quarter. This position accounts for 0.93% of the $4.48 billion portfolio of Columbia Value and Restructuring Fund. Ray Dalio sold out his holdings in the quarter that ended on 03/31/2012.


JPM recently reported its second quarter 2012 financial results. The company announced net income for the quarter of $5 billion, with EPS of $1.21. Revenues were $22.9 billion.


Chief Administrative Officer; Frank Bisignano sold 3,000 shares of JPM stock on 07/17/2012 at the average price of 35.4. Frank Bisignano owns at least 223,476 shares after this. The price of the stock has decreased by 4.24% since. Other insiders also decreased their positions in the company.


Rogers Corporation (ROG, Financial): President and CEO Bruce D. Hoechner Bought 3,299 Shares


President and CEO of Rogers Corporation (ROG) Bruce D. Hoechner bought 3,299 shares on 07/16/2012 at an average price of $36.24. 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 $36.24 with a P/E ratio of 17 and P/S ratio of 1.1.


Rogers Corp. recently announced first quarter 2012 revenues of $121.4 million and a net loss from continuing operations of $0.10 per share.


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.


Dir Fin-Treas Op-NBD-Corp Trsr Paul B Middleton sold 2,500 shares of ROG stock on 05/31/2012 at the average price of 40.22. Paul B Middleton owns at least 1,504 shares after this. The price of the stock has decreased by 9.9% since. Other insiders also decreased their positions in the company.


The Pep Boys - Manny, Moe & Jack (PBY, Financial): President & CEO R. Odell Michael Bought 5,262 Shares


President & CEO of The Pep Boys - Manny, Moe & Jack (PBY) R. Odell Michael bought 5,262 shares on 07/12/2012 at an average price of $9.79. Pep Boys - MM&J is a automotive retail and service chain. The Pep Boys - Manny, Moe & Jack has a market cap of $523.3 million; its shares were traded at around $9.79 with a P/E ratio of 33 and P/S ratio of 0.3. The Pep Boys - Manny, Moe & Jack had an annual average earnings growth of 15.6% over the past 5 years.


Jean-Marie Eveillard owns 589,697 shares as of 03/31/2012, an increase of 5981.23% from the previous quarter. This position accounts for 0.035% of the $25.09 billion portfolio of First Eagle Investment Management, LLC. Mario Gabelli owns 745,410 shares as of 03/31/2012, an increase of 23.93% from the previous quarter. This position accounts for 0.08% of the $13.95 billion portfolio of GAMCO Investors. Joel Greenblatt owns 106,805 shares as of 03/31/2012, an increase of 19.27% from the previous quarter. This position accounts for 0.14% of the $1.15 billion portfolio of Gotham Capital.


Director Jane Scaccetti bought 2,000 shares of PBY stock on 06/19/2012 at the average price of 9.25. Jane Scaccetti owns at least 40,404 shares after this. The price of the stock has increased by 5.84% since.


AngioDynamics, Inc. (ANGO, Financial): President and CEO Joseph Devivo Bought 2,000 Shares


President and CEO of AngioDynamics, Inc. (ANGO) Joseph Devivo bought 2,000 shares on 07/17/2012 at an average price of $11.29. AngioDynamics, Inc. is a provider of innovative medical devices used by interventional radiologists, vascular surgeons and other physicians for the minimally invasive diagnosis and treatment of peripheral vascular disease. Angiodynamics, Inc. has a market cap of $298.6 million; its shares were traded at around $11.29 with a P/E ratio of 32 and P/S ratio of 1.4.


AngioDynamics recently reported its fiscal fourth quarter and full year financial results. Net sales of $57.7 million increased 3% from $56.2 million a year ago. At May 31, 2012, cash, escrow receivable and investments were $40.1 million and long-term debt was $142.5 million.


Joel Greenblatt owns 140,154 shares as of 03/31/2012, an increase of 89.16% from the previous quarter. This position accounts for 0.15% of the $1.15 billion portfolio of Gotham Capital. Mario Gabelli owns 120,000 shares as of 03/31/2012, an increase of 20% from the previous quarter. This position accounts for 0.011% of the $13.95 billion portfolio of GAMCO Investors.


Director Vincent Bucci bought 4,000 shares of ANGO stock on 04/12/2012 at the average price of 11.82. Vincent Bucci owns at least 41,846 shares after this. The price of the stock has decreased by 4.48% since. Other insiders have also increased their positions in the company.


Marchex, Inc. (MCHX, Financial): CEO, 10% Owner Russell C Horowitz Bought 2,500 Shares


CEO, 10% Owner of Marchex, Inc. (MCHX) Russell C Horowitz bought 2,500 shares on 07/18/2012 at an average price of $3.74. Marchex Inc provides technology-based services to merchants engaged in online transactions. Marchex, Inc. has a market cap of $155.7 million; its shares were traded at around $3.74 with a P/E ratio of 418.5 and P/S ratio of 1.1. The dividend yield of Marchex, Inc. stocks is 1.9%.


Marchex recently reported its first quarter 2012 financial results. Revenue was $35.5 million for the first quarter of 2012, compared to $29.1 million for the same period of 2011.


CFO Michael A Arends bought 1,500 shares of MCHX stock on 05/18/2012 at the average price of 3.26. Michael A Arends owns at least 482,500 shares after this. The price of the stock has increased by 14.72% since. There are mixed trades from other insiders.


For the complete list of stocks that bought by their company CEOs, go to: CEO Buys.