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Weekly CEO Buys Highlight: UTHR, LUB, ACMP, GBL, CBK

December 30, 2012 | About:
hyperman299

GuruFocus

348 followers
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:



United Therapeutics Corp. (UTHR): CEO Martine A. Rothblatt Bought 19,167 Shares

CEO of United Therapeutics Corp. (UTHR), Martine A. Rothblatt bought 19,167 shares during the past week at an average price of $52.16. United Therapeutics was incorporated in Delaware in June 1996. It has a market cap of $2.65 billion; its shares were traded at around $52.16 with a P/E ratio of 10.6 and P/S ratio of 3.6.

John Hussman bought 500,000 shares in the quarter that ended on Sept. 30, which is 0.67% of the $4.15 billion portfolio of Hussman Economtrics Advisors. HOTCHKIS & WILEY owns 266,800 shares as of Sept. 30, an increase of 270.56% from the previous quarter. This position accounts for 0.088% of the $16.9 billion portfolio of Hotchkis & Wiley Capital Management LLC.

United Therapeutics recently reported its third quarter 2012 financial results. Total revenues for the quarter ended Sept. 30, 2012 were $242.5 million, up from $201.7 million for the quarter ended Sept. 30, 2011. Net income for the quarter ended Sept. 30, 2012 was $78.1 million or $1.52 per basic share, compared to $84.4 million or $1.45 per basic share for the same quarter in 2011. Gross margin from sales was $212.9 million for the quarter ended Sept. 30, 2012, compared to$178.3 million for the same quarter last year.

CFO John Maxim Ferrari sold 1,550 shares of UTHR stock on Oct. 4 at the average price of $58. The price of the stock has decreased by 10.07% since. Other insiders have also decreased their positions in the company.

Luby's Inc. (LUB): President, CEO and 10% Owner Christopher James Pappas Bought 50,000 Shares

President, CEO and 10% owner of Luby's Inc. (LUB) Christopher James Pappas bought 50,000 shares on Dec. 26 at an average price of $6.44. Luby's Inc. was founded in 1947 in San Antonio, Tx. Luby's Inc. has a market cap of $181.551 million; its shares were traded at around $6.44 with a P/E ratio of 27.9 and P/S ratio of 0.5.

Luby’s recently reported its fourth quarter 2012 financial results. Store level profit, defined as restaurant sales less food costs, payroll and related costs, and other operating expenses, rose to $15.3 million in the fourth quarter of fiscal 2012, or 15.3% of restaurant sales.

Director and 10% owner Harris J. Pappas bought 50,000 shares of LUB stock on Dec. 26 at the average price of $6.57. Harris owns at least 4,668,367 shares after this. The price of the stock has decreased by 1.98% since.

Access Midstream Partners LP (ACMP): CEO J. Michael Stice Bought 9,000 Shares

CEO of Access Midstream Partners LP (ACMP) J. Michael Stice bought 9,000 shares on Dec. 24 at an average price of $32.725. Access Midstream Partners LP formerly Chesapeake Midstream Partners. Access Midstream Partners has a market cap of $4.84 billion; its shares were traded at around $32.73 with a P/E ratio of 23.1 and P/S ratio of 4.7. The dividend yield of Access Midstream Partners stock is 5.2%.

Access Midstream Partners recently announced financial results for the 2012 third quarter. The partnership’s 2012 third quarter net income totaled $50.2 million, an increase of $2 million, or 4.1%, from the 2011 third quarter.

Director Philip L. Frederickson bought 4,500 shares of ACMP stock on Dec. 26 at the average price of $32.89. Frederickson owns at least 17,683 shares after this. The price of the stock has decreased by 0.5% since.

GAMCO Investors Inc. (GBL): Chairman, CEO and 10% Owner Mario Gabelli Bought 2,885 Shares

Chairman, CEO and 10% owner of GAMCO Investors Inc (GBL) Mario Gabelli bought 2,885 shares on Dec. 21 at an average price of $51.82. GAMCO Investors Inc. was originally founded in 1976 as an institutional broker-dealer. GAMCO has a market cap of $1.4 billion; its shares were traded at around $51.82 with a P/E ratio of 15.9 and P/S ratio of 4. The dividend yield of GAMCO stock is 0.4%. It had an annual average earnings growth of 3.1% over the past 10 years.

GAMCO recently announced third quarter 2012 earnings of $19 million or $0.72 per fully diluted share versus $7.7 million or $0.29 per fully diluted share in the third quarter 2011. Third quarter 2012 earnings include a charge of $2.1 million or $0.08 per diluted share.

Michael Price owns 72,200 shares as of Sept. 30, which accounts for 0.53% of the $680 million portfolio of MFP Investors LLC. John Keeley owns 371,000 shares as of Sept. 30, which accounts for 0.41% of the $4.53 billion portfolio of Keeley Fund Management.

Christopher & Banks Corp. (CBK): President and CEO Luann Via Bought 10,000 Shares

President and CEO of Christopher & Banks Corp. (CBK) Luann Via bought 10,000 shares during the past week at an average price of $5.295. Christopher & Banks Corporation is a Delaware Corp., incorporated in 1986 to acquire Braun's Fashions Inc. Christopher & Banks has a market cap of $194.904 million; its shares were traded at around $5.295 with and P/S ratio of 0.4.

CBK recently reported results for the thirteenth and thirty-ninth week periods ended Oct. 27, 2012.For the third quarter of fiscal 2012, the company reported net sales of $117.3 million, operating income of $3.6 million and net income of $0.10 per diluted share, the first comparable period quarterly profit in 10 quarters.

Director William F. Sharpe Iii bought 2,500 shares of CBK stock on Dec. 27 at the average price of $5.10. William F. Sharpe Iii owns at least 54,005 shares after this. The price of the stock has increased by 3.82% since. Other insiders have also increased their positions in the company.

Rating: 3.3/5 (3 votes)

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