Weekly CEO Buys Highlight: JPM, WINA, MCHX

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Jul 29, 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 $36.93. J.P. Morgan Chase & Co. is a global financial services firm. Jpmorgan Chase & Co. has a market cap of $129.06 billion; its shares were traded at around $36.93 with a P/E ratio of 7.6 and P/S ratio of 1.3. The dividend yield of Jpmorgan Chase & Co. stocks is 3.5%.


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. Lee Ainslie owns 4,675,308 shares as of 03/31/2012, a decrease of 44.17% of from the previous quarter. This position accounts for 3.1% of the $6.95 billion portfolio of Maverick Capital. 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.


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 increased by 4.32% since. Other insiders have also decreased their positions in the company.


Winmark Corporation (WINA, Financial): Chairman & CEO, 10% Owner John L Morgan Bought 3,500 Shares


Chairman & CEO, 10% Owner of Winmark Corporation (WINA) John L Morgan bought 3,500 shares on 07/20/2012 at an average price of $54.77. Winmark Corporation is a franchise company that franchises seven retail concepts which buy, sell, trade and consign merchandise. Winmark Corporation has a market cap of $264 million; its shares were traded at around $54.77 with a P/E ratio of 18.4 and P/S ratio of 5.1. The dividend yield of Winmark Corporation stocks is 0.3%. Winmark Corporation had an annual average earnings growth of 15.5% over the past 10 years.


Joel Greenblatt owns 8,114 shares as of 03/31/2012, an increase of 55.47% from the previous quarter. This position accounts for 0.041% of the $1.15 billion portfolio of Gotham Capital.


WINA recently reported net income for the quarter ended June 30, 2012 of $3,404,400 (or $.65 per share diluted) compared to net income of $3,400,200 (or $.65 per share diluted) in 2011. For the six months ended June 30, 2012, net income was $6,920,400 (or $1.31 per share diluted) compared to net income of $6,426,500 (or $1.23 per share diluted) for the same period last year.


VP of Marketing Merry Beth Hovey sold 900 shares of WINA stock on 01/31/2012 at the average price of 68.94. Merry Beth Hovey owns at least 3,199 shares after this. The price of the stock has decreased by 20.55% since.



Marchex, Inc. (MCHX, Financial): CEO, 10% Owner Russell C Horowitz Bought 5,000 Shares


CEO, 10% Owner of Marchex, Inc. (MCHX) Russell C Horowitz bought 5,000 shares on 07/24/2012 at an average price of $3.52. Marchex Inc provides technology-based services to merchants engaged in online transactions. Marchex, Inc. has a market cap of $138.8 million; its shares were traded at around $3.52 with a P/E ratio of 373 and P/S ratio of 1. The dividend yield of Marchex, Inc. stocks is 2.1%.


MCHX 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 7.98% since. There are mixed trades from other insiders.


For the complete list of stocks that bought by their company CEOs, go to: http://www.gurufocus.com/InsiderBuy.php?position=ceo]CEO Buys[/url].