Weekly CEO Buys Highlight: TRNO, WTSLA, TWO, MTGE, NTWK

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Feb 24, 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: Terreno Realty Corporation (TRNO, Financial): CHAIRMAN AND CEO W Blake Baird Bought 60,000 Shares

CHAIRMAN AND CEO of Terreno Realty Corporation (TRNO) W Blake Baird bought 60,000 shares on 02/22/2013 at an average price of $17.36. Terreno Realty Corporation was incorporated on November 2009 in Maryland. Terreno Realty Corporation has a market cap of $232.687 million; its shares were traded at around $17.36 with a P/E ratio of 676.9 and P/S ratio of 7.2993. The dividend yield of Terreno Realty Corporation stocks is 2.66%.

Third Avenue Management owns 245,090 shares as of 12/31/2012, which accounts for 0.082% of the $4.63 billion portfolio of Third Avenue Management.

PRESIDENT AND CFO Michael A Coke bought 5,000 shares of TRNO stock on 02/22/2013 at the average price of 16.6. Michael A Coke owns at least 181,000 shares after this. The price of the stock has increased by 4.58% since. Other insiders have also increased their positions in the company.

Wet Seal, Inc. (WTSLA, Financial): CEO John D Goodman Bought 218,056 Shares

CEO of Wet Seal, Inc. (WTSLA) John D Goodman bought 218,056 shares on 02/14/2013 at an average price of $3.01. Wet Seal, Inc. incorporated in the State of Delaware in 1990. Wet Seal, Inc. has a market cap of $271.52 million; its shares were traded at around $3.01 with and P/S ratio of 0.4609. Wet Seal, Inc. had an annual average earnings growth of 3.5% over the past 5 years.

Wet Seal Inc. recently reported net sales and comparable store sales for the five-week period ended February 2, 2013, or fiscal January, and the fiscal fourth quarter ended February 2, 2013. E-commerce net sales, which are not included in comparable store sales, increased 29.8% and 13.9% in fiscal January and the fiscal fourth quarter, respectively.

Director Jonathan Duskin bought 23,500 shares of WTSLA stock on 09/21/2012 at the average price of 3.19. Jonathan Duskin owns at least 133,909 shares after this. The price of the stock has decreased by 5.64% since. There are mixed trades from other insiders.

Two Harbors Investment Corp (TWO, Financial): CEO, President Thomas Siering Bought 25,000 Shares

CEO, President of Two Harbors Investment Corp (TWO) Thomas Siering bought 25,000 shares during the past week at an average price of $12.5. Two Harbors Investment Corp. was incorporated on May 21, 2009 and commenced operations as a publicly traded company on October 28, 2009. Two Harbors Investment Corp has a market cap of $3.69 billion; its shares were traded at around $12.5 with a P/E ratio of 16.5289 and P/S ratio of 7.6161. The dividend yield of Two Harbors Investment Corp stocks is 13.68%.

Two Harbors reported Core Earnings for the quarter ended December 31, 2012 of $84.0 million, or $0.28 per diluted weighted average common share outstanding, as compared to Core Earnings for the quarter ended September 30, 2012 of $87.1 million, or $0.32 per diluted weighted average common share outstanding.

George Soros bought 226,050 shares in the quarter that ended on 12/31/2012, which is 0.03% of the $8.36 billion portfolio of Soros Fund Management LLC. Leon Cooperman owns 100,000 shares as of 12/31/2012, which accounts for 0.02% of the $5.45 billion portfolio of Omega Advisors. David Tepper owns 2,440,000 shares as of 12/31/2012, which accounts for 0.59% of the $4.62 billion portfolio of Appaloosa Management LP.

Vice Pres., CFO & Treasurer Brad Farrell bought 400 shares of TWO stock on 02/22/2013 at the average price of 12.45. Brad Farrell owns at least 13,250 shares after this. The price of the stock has increased by 0.4% since. Other insiders have also increased their positions in the company.

American Capital Mortgage Investment Corp (MTGE, Financial): CEO Malon Wilkus Bought 9,630 Shares

CEO of American Capital Mortgage Investment Corp (MTGE) Malon Wilkus bought 9,630 shares on 02/14/2013 at an average price of $25.6. American Capital Mortgage Investment Corp. was incorporated in the State of Maryland on March 15, 2011. American Capital Mortgage Investment Corp has a market cap of $924.321 million; its shares were traded at around $25.6 with a P/E ratio of 7 and P/S ratio of 55.9. The dividend yield of American Capital Mortgage Investment Corp stocks is 14.12%.

MTGE recently reported net income for the quarter ended December 31, 2012 of $50.4 million, or $1.40 per share, and net book value of $25.74 per share. For the full year, the Company reported a 41% economic return, comprised of $3.60 per share in dividends and a $4.87 per share increase in net book value.

Director John R Erickson bought 3,000 shares of MTGE stock on 02/15/2013 at the average price of 25.95. John R Erickson owns at least 3,000 shares after this. The price of the stock has decreased by 1.35% since. There are mixed trades from other insiders.

Netsol Technologies, Inc. (NTWK, Financial): Chairman, CEO Najeeb Ghauri Bought 10,000 Shares

Chairman, CEO of Netsol Technologies, Inc. (NTWK) Najeeb Ghauri bought 10,000 shares on 02/19/2013 at an average price of $10.54. NetSol Technologies, Inc. is a Nevada Corporation founded in 1996. Netsol Technologies, Inc. has a market cap of $85.7749 million; its shares were traded at around $10.54 with a P/E ratio of 11.3766 and P/S ratio of 1.6036.

President Najeeb Ghauri bought 8,850 shares of NTWK stock on 11/23/2012 at the average price of 6.2. Najeeb Ghauri owns at least 264,205 shares after this. The price of the stock has increased by 70% since.