Weekly Top Insider Buys: STZ, ESL, GLO, PCN, GBDC

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Oct 22, 2012
According to http://www.gurufocus.com/InsiderBuy.php]GuruFocus Insider Data[/url], these are the largest insider buys during the past week. The overall trend of insiders is illustrated in the chart below:



Constellation Brands Inc. (STZ, Financial): Director Mark Zupan Bought 2,850 Shares

Director of Constellation Brands Inc. (STZ) Mark Zupan bought 2,850 shares on 10/15/2012 at an average price of $35.65. Constellation Brands Inc. is a international producer and marketer of beverage alcohol brands, with a broad portfolio across the wine, spirits and imported beer categories. Constellation Brands Inc. has a market cap of $6.5 billion; its shares were traded at around $35.65 with a P/E ratio of 15.37 and P/S ratio of 2.45.

Executive Vice President and CFO Robert P. Ryder, Director Mark Zupan and Director Jeremy S. G. Fowden bought shares of STZ stock.

Esterline Technologies Corporation (ESL, Financial): Vice President and CFO Robert David George Bought 1,500 Shares

Vice President and CFO of Esterline Technologies Corporation (ESL) Robert David George bought 1,500 shares on 10/12/2012 at an average price of $58.91. Esterline Technologies Corporation is a specialized engineering and manufacturing company principally serving aerospace and defense markets. Esterline Technologies Corporation has a market cap of $1.82 billion; its shares were traded at around $58.91 with a P/E ratio of 13.55 and P/S ratio of 1.06. Esterline Technologies Corporation had an annual average earnings growth of 13.3% over the past 10 years. GuruFocus rated Esterline Technologies Corporation the business predictability rank of 4.5-star.

Esterline Corporation reported third quarter 2012 (ended July 27) earnings from continuing operations of $35.1 million, or $1.12 per diluted share (EPS), on sales of $485.9 million, prior to a previously announced $52.2 million, or $1.69 per diluted share, non-cash charge against goodwill for its UK-based Racal Acoustics defense business. This compared with year-ago income from continuing operations of $37.7 million, or $1.21 per diluted share, on sales of $409.5 million.

Vice President and CFO Robert David George, Director Delores M. Etter and General Counsel and Vice President Administer Marcia J. Mason bought shares of ESL stock.

Clough Global Opportunities Fund (GLO, Financial): Charles Clough Jr. (person affiliated with Inv. Adv.) Bought 12,000 Shares

Person affiliated with Inv. Adv. of Clough Global Opportunities Fund (GLO) Charles Clough Jr. bought 12,000 shares on 10/18/2012 at an average price of $11.35. Clough Global Opportunities Fund has a market cap of $696.5 million; its shares were traded at around $11.35. The dividend yield of Clough Global Opportunities Fund stocks is 9.6%.

Person affiliated with Inv. Adv. Charles Clough Jr. bought shares of GLO shares.

Director Adam D. Crescenzi sold shares of GLO stock.

PIMCO Corporate & Income Strategy Fund (PCN, Financial): William H. Gross Bought 54,684 Shares

PIMCO Corporate & Income Strategy Fund (PCN) William H. Gross bought 54,684 shares during the past week at an average price of $18.36. PIMCO Corporate & Income Strategy Fund has a market cap of $607.6 million; its shares were traded at around $18.36. The dividend yield of PIMCO Corporate & Income Strategy Fund stocks is 6.7%.

William H. Gross bought shares of PCN stock.

Golub Capital BDC LLC (GBDC, Financial): Director William M. Webster IV Bought 10,000 Shares

Director of Golub Capital BDC LLC (GBDC) William M. Webster IV bought 10,000 shares on 10/16/2012 at an average price of $15.68. Golub Capital BDC Inc. is a business development company that principally invests in senior secured, unitranche, mezzanine and second lien loans of middle-market companies that are, in most cases, sponsored by private equity investors. Golub Capital BDC LLC has a market cap of $402.4 million; its shares were traded at around $15.68 with a P/E ratio of 13.75 and P/S ratio of 10.28. The dividend yield of Golub Capital BDC LLC stocks is 8.16%.

Golub Capital BDC Inc. announced its financial results for the third fiscal quarter ended June 30, 2012. Net investment income for the quarter ended June 30, 2012 was $6.7 million, or $0.26 per share, as compared to $7.1 million, or $0.29 per share, for the quarter ended March 31, 2012. Net (loss) gain on investments and derivative instruments for the quarter ended June 30, 2012 was $(1.3) million, or $(0.05) per share, as compared to $4.4 million, or $0.19 per share, for the quarter ended March 31, 2012.

CEO, 10% Owner David Golub sold shares of GBDC stock.

Director William M. Webster IV, Director John Thomas Baily and Director William M. Webster IV bought shares of GBDC stock.