Weekly CEO Buys Highlight: TPGI, INSM, EQU, FCEL

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Jan 13, 2013
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:



Thomas Properties Group Inc. (TPGI, Financial): Chairman, President and CEO James A. Thomas Bought 43,400 Shares

Chairman, President and CEO of Thomas Properties Group, Inc. (TPGI) James A. Thomas bought 43,400 shares on Jan. 10 at an average price of $5.28. Thomas Properties Group Inc is a Delaware corporation incorporated on March 9, 2004. Thomas Properties Group Inc. has a market cap of $319 million; its shares were traded at around $5.28 with a P/E ratio of 88.4 and P/S ratio of 2.6. Its dividend yield is 1.5%.

Thomas Properties Group recently announced that its board of directors has declared a quarterly cash dividend of $0.02 per share of common stock. This represents a 33% increase in the quarterly dividend. The dividend was paid on Nov. 29, 2012 to stockholders.

Third Avenue Management owns 7,667,279 shares as of Sept. 30, which accounts for 1% of its $4.4 billion portfolio. Arnold Schneider owns 347,667 shares as of Sept. 30, which accounts for 0.19% of the $1.09 billion portfolio of Schneider Capital Management.

Co-COO John R Sischo sold 5,476 shares of TPGI stock on Dec. 20 at the average price of 5.53. Sischo owns at least 282,692 shares after this. The price of the stock has decreased by 4.52% since. Other insiders have also decreased their positions in the company.

Insmed Inc. (INSM, Financial): President and CEO William Lewis Bought 10,770 Shares

President and CEO of Insmed Inc. (INSM) William Lewis bought 10,770 shares on Jan. 9 at an average price of $6.7. Insmed, Inc. is a development-stage biopharmaceutical company. Insmed Inc. has a market cap of $214.8 million; its shares were traded at around $6.7 with and P/S ratio of 49.6.

For the third quarter of 2012, Insmed posted a net loss attributable to common stockholders of $9.4 million, or $0.38 per common share, basic and diluted, as compared to a net loss of $34.6 million, or $1.39 per common share, basic and diluted, for the three months ended Sept. 30, 2011.

Equal Energy Ltd. (EQU, Financial): President and CEO Donald Charles Klapko Bought 1,706 Shares

President and CEO of Equal Energy Ltd. (EQU) Donald Charles Klapko bought 1,706 shares on 01/04/2013 at an average price of $3.05. Equal Energy was incorporated on April 8, 2010 under the ABCA and did not carry on any active business prior to the Arrangement, other than executing the arrangement agreement pursuant to which the Arrangement was implemented. Equal Energy Ltd. has a market cap of $109.3 million; its shares were traded at around $3.05 with a P/E ratio of 77.9 and P/S ratio of 0.7.

EQU recently reported its third quarter 2012 financial results. The company announced that its revenues for the quarter ended September 30th, 2012, were $29.13 million, compared with $44.45 million in the third quarter of 2012, or a decline of about 34%.

Senior Vice President and CFO Wendell Percy Chapman bought 1,146 shares of EQU stock on Jan. 4 at the average price of 3.08. Wendell Percy Chapman owns at least 171,619 shares after this. The price of the stock has decreased by 0.97% since.

Fuelcell Energy Inc. (FCEL, Financial): President and CEO Arthur A. Jr. Bottone Bought 5,000 Shares

President and CEO of Fuelcell Energy Inc. (FCEL) Arthur A. Jr. Bottone bought 5,000 shares on Jan. 8 at an average price of $1.28. Fuelcell Energy Inc. was founded in Connecticut in 1969 and became a publicly traded company in 1992. Fuelcell Energy Inc. has a market cap of $198.5 million; its shares were traded at around $1.28 with and P/S ratio of 1.3.

FCEL recently reported its financial results for the fiscal quarter and year ended Oct. 31. The company reported total revenues for the fourth quarter of 2012 of $35.4 million, compared to total revenues of $34.7 million for the fourth quarter of 2011. Product sales and revenues in the fourth quarter were $33.9 million compared to $33.3 million in the prior year quarter.

For the complete list of stocks that bought by their company CEOs, go to: http://www.gurufocus.com/InsiderBuy.php?position=ceo]CEO