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Weekly CEO Buys Highlight: AXS, MCGC, SUNS, FUR, RSE

September 03, 2012 | About:
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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:



Axis Capital Holdings Limited (AXS): CEO, AXIS Re John Drake Nichols Bought 30,000 Shares

CEO, AXIS Re of Axis Capital Holdings Limited (AXS) John Drake Nichols bought 30,000 shares on 08/30/2012 at an average price of $34.07. AXIS Capital Holdings Limited is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance. Axis Capital Holdings Limited has a market cap of $4.37 billion; its shares were traded at around $34.07 with a P/E ratio of 11 and P/S ratio of 1.2. The dividend yield of Axis Capital Holdings Limited stocks is 2.9%.

NWQ Managers bought 262,093 shares in the quarter that ended on 06/30/2012, which is 0.063% of the $13.76 billion portfolio of NWQ Investment Management Co.Arnold Schneider owns 769,629 shares as of 06/30/2012, an increase of 24.39% from the previous quarter. This position accounts for 2.4% of the $1.05 billion portfolio of Schneider Capital Management.

CEO, AXIS Re John Drake Nichols bought 30,000 shares of AXS stock on 08/30/2012 at the average price of 33.6. John Drake Nichols owns at least 80,000 shares after this. The price of the stock has increased by 1.4% since. Other insiders have decreased their positions in the company.

MCG Capital Corporation (MCGC): CEO Richard W Neu Bought 103,922 Shares

CEO of MCG Capital Corporation (MCGC) Richard W Neu bought 103,922 shares during the past week at an average price of $4.65. MCG Capital Corporation is a solutions-focused financial services firm that primarily provides capital to support the internal growth and corporate development initiatives of small-to medium-sized private companies in the media, communications, and technology sectors in the United States. Mcg Capital Corporation has a market cap of $344 million; its shares were traded at around $4.65 with a P/E ratio of 14 and P/S ratio of 4. The dividend yield of Mcg Capital Corporation stocks is 12.5%.

MCGC recently reported its second quarter 2012 financial results. The company announced that its net operating income was $5.6 million, or 7 cents per share. Net loss was $7 million, or 9 cents per share.

Director Gavin Saitowitz sold 234,394 shares of MCGC stock on 08/23/2012 at the average price of 4.44. Gavin Saitowitz owns at least 116,000 shares after this. The price of the stock has increased by 4.73% since. Other insiders have also decreased their positions in the company.

Solar Senior Capital Ltd (SUNS): CEO, President Chn of the Brd Michael S Gross Bought 25,523 Shares

CEO, President Chn of the Brd of Solar Senior Capital Ltd (SUNS) Michael S Gross bought 25,523 shares on 08/24/2012 at an average price of $17.72. 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 $165.7 million; its shares were traded at around $17.72 with a P/E ratio of 20.8 and P/S ratio of 21. The dividend yield of Solar Senior Capital Ltd stocks is 7.9%.

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 7.72% since. There are mixed trades from other insiders.

Winthrop Realty Trust (FUR): Chairman and CEO, 10% Owner Michael L Ashner Bought 22,400 Shares

Chairman and CEO, 10% Owner of Winthrop Realty Trust (FUR) Michael L Ashner bought 22,400 shares on 08/24/2012 at an average price of $11.36. Winthrop Realty Trust is a Boston-based real estate investment trust. Winthrop Realty Trust has a market cap of $353.9 million; its shares were traded at around $11.36 with a P/E ratio of 6.3 and P/S ratio of 5.1. The dividend yield of Winthrop Realty Trust stocks is 6.1%. Winthrop Realty Trust had an annual average earnings growth of 13.9% over the past 10 years.

FUR recently reported its second quarter 2012 financial results. The company announced that its revenues for the second quarter of 2012 were $19 million, compared to $16.3 million in the second quarter of 2011.

Rouse Properties Inc (RSE): President & CEO Andrew Silberfein Bought 15,000 Shares

President & CEO of Rouse Properties Inc (RSE) Andrew Silberfein bought 15,000 shares on 08/28/2012 at an average price of $13.9. Rouse Properties, Inc. is a real estate investment trust and operates as one of the largest mall owners in the United States. Rouse Properties Inc has a market cap of $679.3 million; its shares were traded at around $13.9 with and P/S ratio of 2.9. The dividend yield of Rouse Properties Inc stocks is 2%.

Rouse Properties recently reported its second quarter 2012 financial results. Net loss was $(15.9) million, or $(0.32) per diluted share, as compared to a net loss of $(6.6) million, or $(0.18)per diluted share in the prior year period.

Director Michael M Mullen bought 5,000 shares of RSE stock on 08/15/2012 at the average price of 13.58. Michael M Mullen owns at least 10,000 shares after this. The price of the stock has increased by 2.36% since.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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