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Weekly CEO Buys Highlight: AVEO, ZAZA, TUES, TUES, FRAN, AKVA

December 16, 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:





AVEO Pharmaceuticals Inc. (AVEO): CEO Tuan Ha-Ngoc Bought 75,000 Shares


CEO of AVEO Pharmaceuticals Inc. (AVEO) Tuan Ha-Ngoc bought 75,000 shares on 12/13/2012 at an average price of $7.12. AVEO Pharmaceuticals Inc. was incorporated under the laws of the State of Delaware on Oct. 19, 2001 as GenPath Pharmaceuticals Inc. Aveo Pharmaceuticals Inc. has a market cap of $261.07 million; its shares were traded at around $7.12 with and P/S ratio of 1.58.

AVEO Pharmaceuticals recently reported its third quarter 2012 financial results. Total collaboration revenue for the third quarter of 2012 was approximately $1 million, compared with $3.6 million for the third quarter of 2011.

Seth Klarman owns 5,084,652 shares as of 9/30/2012, which accounts for 1.6% of the $3.26 billion portfolio of The Baupost Group.

CFO David Brannon Johnston sold 1,386 shares of AVEO stock on 9/13/2012 at the average price of 10.6. David Brannon Johnston owns at least 24,593 shares after this. The price of the stock has decreased by 32.83% since. There are mixed trades from other insiders.

ZaZa Energy Corp. (ZAZA): President, CEO and 10% Owner Todd Alan Brooks Bought 196,850 Shares

President, CEO and 10% owner of ZaZa Energy Corp. (ZAZA) Todd Alan Brooks bought 196,850 shares on 12/13/2012 at an average price of $2.33. ZaZa Energy Corp. is a privately-held independent exploration and production company focused on the exploration and development of unconventional onshore oil and gas resources in the United States of America. Zaza Energy Corp. has a market cap of $203.03 million; its shares were traded at around $2.33 with and P/S ratio of 11.56.

ZAZA recently reported record third quarter 2012 financial results. The company reported total revenues and other income for the third quarter ended Sept. 30, 2012 of $207.2 million as compared to $4.4 million in the comparable year-ago period. This includes oil and gas revenues of $10.2 million and $0.8 million for the periods ended Sept. 30, 2012, and Sept. 30, 2011, respectively.

CFO Ian H. Fay bought 25,000 shares of ZaZa stock on 12/11/2012 at the average price of 2.13. Ian H. Fay owns at least 75,000 shares after this. The price of the stock has increased by 9.39% since. Other insiders have also increased their positions in the company.

Tuesday Morning Corp.(TUES): President and CEO Brady Churches Bought 48,614 Shares

President and CEO of Tuesday Morning Corp. (TUES) Brady Churches bought 48,614 shares on 12/06/2012 at an average price of $5.80. Tuesday Morning Corp. is a Delaware corporation incorporated in 1991. Tuesday Morning Corp. has a market cap of $257.11 million; its shares were traded at around $5.80 with a P/E ratio of 60.5 and P/S ratio of 0.32. Tuesday Morning Corp. had an annual average earnings growth of 6.2% over the past 10 years.

Joel Greenblatt bought 25,105 shares in the quarter that ended on 9/30/2012, which is 0.011% of the $1.5 billion portfolio of Gotham Capital. Donald Smith owns 2,747,032 shares as of 9/30/2012, which accounts for 0.54% of the $3.32 billion portfolio of Donald Smith & Co..

Director Steven R Becker bought 1,900 shares of TUES stock on 12/12/2012 at the average price of $5.75. Becker owns at least 3,658,021 shares after this. The price of the stock has increased by 0.87% since. Other insiders have also increased their positions in the company.

Francescas Holdings Corp. (FRAN): CEO John Thomas De Merritt Bought 10,000 Shares

CEO of Francescas Holdings Corp. (FRAN) John Thomas De Merritt bought 10,000 shares on 12/12/2012 at an average price of $24.66. Francescas Holdings Corp. was incorporated in Delaware in 2007. Francescas Holdings Corp. has a market cap of $1.04 billion; its shares were traded at around $24.66 with a P/E ratio of 26.19 and P/S ratio of 5.11.

FRAN recently announced its third quarter 2012 financial results. The company reported net income for the third quarter of fiscal 2012 of $10.8 million or $0.24 per diluted share compared to net income for the third quarter of fiscal 2011 of $4.7 million, or $0.11 per diluted share.

Executive Vice President, Chief Administrative Officer and GC Khalid Mir Malik bought 4,233 shares of FRAN stock on 12/12/2012 at the average price of 23.6. Khalid Mir Malik owns at least 59,592 shares after this. The price of the stock has increased by 4.49% since. Other insiders have also increased their positions in the company.

AKVA Group ASA (AKVA): President, CEO, Secretary Pierre Georges Mulacek Bought 2,000,000 Shares

President, CEO and Secretary of AKVA Group ASA (AKVA) Pierre Georges Mulacek bought 2,000,000 shares on 12/14/2012 at an average price of $11.6. Arkanova Energy Corp. has a market cap of $0.5 million; its shares were traded at around $0.03 with a P/E ratio of 0.1 and P/S ratio of 0.4.

Mulacek bought 2,000,000 shares of AKVA stock on 12/14/2012 at the average price of 0.1. Pierre Georges Mulacek owns at least 587,500 shares after this.


Rating: 4.0/5 (1 vote)

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