Weekly CEO Buys Highlight: SUNS, MCP, MPO, HHS, CVO

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Aug 25, 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:





Solar Senior Capital Ltd (SUNS, Financial): CEO, President Chn of the Brd Michael S Gross Bought 33,757 Shares


CEO, President Chn of the Brd of Solar Senior Capital Ltd (SUNS) Michael S Gross bought 33,757 shares during the past week at an average price of $17.44. Solar Senior Capital Ltd. operates as a business development company under the Investment Company Act of 1940. Solar Senior Capital Ltd has a market cap of $165.3 million; its shares were traded at around $17.44 with a P/E ratio of 20.7 and P/S ratio of 21. The dividend yield of Solar Senior Capital Ltd stocks is 7.2%.


SUNS recently reported earnings of $3.6 million, or $0.38 per share, and net investment income of $3.4 million, or $0.36 per share, for the quarter ended June 30, 2012. Net asset value (NAV) per share increased to $18.54, from $18.15 at December 31, 2011.


CFO, Secretary and Treasurer Richard Peteka bought 1,487 shares of SUNS stock on 05/31/2012 at the average price of 16.45. Richard Peteka owns at least 6,250 shares after this. The price of the stock has increased by 6.02% since. Other insiders have also decreased their positions in the company.


Molycorp, Inc. (MCP, Financial): President and CEO Mark A. Smith Bought 50,000 Shares


President and CEO of Molycorp, Inc. (MCP) Mark A. Smith bought 50,000 shares on 08/22/2012 at an average price of $9.61. Molycorp, Inc. produces rare earth oxide (REO) in the Western hemisphere. Molycorp, Inc. has a market cap of $948.7 million; its shares were traded at around $9.61 with a P/E ratio of 9 and P/S ratio of 2.4.


John Griffin bought 2,170,000 shares in the quarter that ended on 06/30/2012, which is 0.71% of the $6.63 billion portfolio of Blue Ridge Capital. Chris Davis owns 244,430 shares as of 06/30/2012, an increase of 52.39% from the previous quarter. This position accounts for 0.012% of the $43.07 billion portfolio of Davis Selected Advisers.


MCP recently reported its second quarter 2012 results. Molycorp's second quarter GAAP gross loss was $4.1 million during the quarter, compared to gross profit of $56.7 million during the second quarter of 2011. Net sales for the quarter were $104.6 million, up 5% from the second quarter 2011.


Executive VP and CFO Michael F. Doolan bought 25,000 shares of MCP stock on 08/22/2012 at the average price of 10. Michael F. Doolan owns at least 25,000 shares after this. The price of the stock has decreased by 3.9% since. Other insiders have also increased their positions in the company.


Midstates Petroleum Company Inc (MPO, Financial): President and CEO John A Crum Bought 50,000 Shares


President and CEO of Midstates Petroleum Company Inc (MPO) John A Crum bought 50,000 shares during the past week at an average price of $8.19. Midstates Petroleum Company, Inc. is engaged in the exploration and development of oil and natural gas properties in central Louisiana. Midstates Petroleum Company Inc has a market cap of $524.7 million; its shares were traded at around $8.19 .


Corporate Counsel & Secretary John P. Foley bought 13,000 shares of MPO stock on 08/16/2012 at the average price of 7.52. John P. Foley owns at least 602,737 shares after this. The price of the stock has increased by 8.91% since.


Harte-Hanks, Inc. (HHS, Financial): President and CEO Larry Franklin Bought 46,900 Shares


President and CEO of Harte-Hanks, Inc. (HHS) Larry Franklin bought 46,900 shares during the past week at an average price of $7. Harte-Hanks is a worldwide direct and targeted marketing company that provides marketing services and shopper advertising opportunities to local, regional, national and international consumer and business-to-business marketers. Harte-hanks, Inc. has a market cap of $446 million; its shares were traded at around $7 with a P/E ratio of 10.7 and P/S ratio of 0.5. The dividend yield of Harte-hanks, Inc. stocks is 4.8%.


Harte-Hanks recently reported second quarter 2012 diluted loss per share of ($1.74) on revenues of $199.1 million. These results compare to diluted earnings per share of $0.15 on $213.0 million in revenues for the second quarter of 2011.


Director David L Copeland bought 20,000 shares of HHS stock on 08/14/2012 at the average price of 6.6. David L Copeland owns at least 113,591 shares after this. The price of the stock has increased by 6.06% since.


Cenveo, Inc. (CVO, Financial): Chairman and CEO Robert G Sr Burton Bought 100,000 Shares


Chairman and CEO of Cenveo, Inc. (CVO) Robert G Sr Burton bought 100,000 shares on 08/16/2012 at an average price of $1.96. Cenveo, Inc. is one of North America's providers of visual communications with one-stop services from design through fulfillment. Cenveo, Inc. has a market cap of $124.3 million; its shares were traded at around $1.96 with a P/E ratio of 3.2 and P/S ratio of 0.1.


John Keeley bought 20,000 shares in the quarter that ended on 06/30/2012, which is less than 0.01% of the $4.44 billion portfolio of Keeley Fund Management. Joel Greenblatt owns 93,265 shares as of 06/30/2012, an increase of 10.02% from the previous quarter. This position accounts for 0.013% of the $1.36 billion portfolio of Gotham Capital.


CVO recently reported its second quarter 2012 financial results. The Company generated net sales of $438.9 million for the second quarter of 2012, compared to $469.9 million for the second quarter of 2011.


EVP and CFO Mark S Hiltwein bought 5,000 shares of CVO stock on 05/14/2012 at the average price of 1.92. Mark S Hiltwein owns at least 332,158 shares after this. The price of the stock has increased by 2.08% since.


Executive VP, Operations Dean E Cherry bought 9,098 shares of CVO stock on 08/10/2012 at the average price of 1.94. Dean E Cherry owns at least 277,790 shares after this. The price of the stock has increased by 1.03% since. Other insiders have also increased their positions in the company.