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Weekly CEO Buys Highlight: TRNO, VOCS, BXS, PVR, LOGM

March 04, 2013 | About:
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insider

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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:



Terreno Realty Corporation (TRNO): 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 February 22, 2013 at an average price of $17.7. Terreno Realty Corporation was incorporated on November 2009 in Maryland. Terreno Realty Corporation has a market cap of $237.792 million; its shares were traded at around $17.7 with a P/E ratio of 690.4 and P/S ratio of 7.4571. The dividend yield of Terreno Realty Corporation stocks is 2.6%.

On February 14, 2013 LogMeIn, Inc., announced its results for the fourth quarter and fiscal year ended December 31, 2012. For the fourth quarter of 2012, total revenue increased 14% to $37 million from $32.3 million reported in the fourth quarter of 2011. Total subscription revenue increased 20%to $36.5 million, up from $30.4 million in the fourth quarter of 2011. GAAP net income for the fourth quarter of 2012 was $2.2 million, or $0.09 per diluted share. This compares to GAAP net income of $2.0 million, or $0.08 per diluted share, reported in the fourth quarter of 2011.

Third Avenue Management owns 245,090 shares as of December 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 February 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 6.63% since. Other insiders have also increased their positions in the company.

Vocus, Inc. (VOCS): Chairman, CEO and President Richard E. Rudman Bought 70,000 Shares

Chairman, CEO and President of Vocus, Inc., (VOCS) Richard E. Rudman bought 70,000 shares on February 28, 2013 at an average price of $14.1. Vocus, Inc., was initially formed in 1988 as First Data Software Publishing, Inc. Vocus, Inc., has a market cap of $291.902 million; its shares were traded at around $14.1 with and P/S ratio of 1.7578.

Vocus recently reported its fourth quarter 2012 financial results. GAAP revenue for the fourth quarter of 2012 was $47.1 million, a 54% increase over the comparable period in 2011. Non-GAAP revenue for the fourth quarter of 2012 was $47.4 million, a 55% increase over the comparable period in 2011.

EVP, CFO and Secretary Stephen A. Vintz sold 8,510 shares of VOCS stock on March 1, 2013 at the average price of 13.64. Stephen A Vintz owns at least 138,836 shares after this. The price of the stock has increased by 3.37% since. Other insiders have also decreased their positions in the company.

BancorpSouth Inc. (BXS): CEO James D. Rollins III Bought 57,100 Shares

CEO of BancorpSouth, Inc., (BXS) James D. Rollins III bought 57,100 shares on February 26, 2013 at an average price of $15.18. BancorpSouth, Inc., is a financial holding company, which through its subsidiary BancorpSouth Bank, conducts commercial banking and financial services operations in Mississippi, Tennessee, Alabama, Arkansas, Texas, Louisiana, Florida, Missouri and Illinois. Bancorpsouth, Inc., has a market cap of $1.43 billion; its shares were traded at around $15.18 with a P/E ratio of 16.835 and P/S ratio of 2.0467. The dividend yield of Bancorpsouth, Inc., stocks is 0.26%.

BancorpSouth recently reported its fourth quarter 2012 financial results. The company reported net income of $17.0 million, or $0.18 per diluted share, for the fourth quarter of 2012 compared with net income of $13.3 million, or $0.16 per diluted share, for the fourth quarter of 2011 and net income of $23.8 million, or $0.25 per diluted share, for the third quarter of 2012. The company reported total net income for 2012 of $84.3 million, or $0.90 per diluted share, compared with $37.6 million, or $0.45 per diluted share, for 2011.

Richard Snow owns 67,545 shares as of 1December 31, 2012, an increase of 72.88% from the previous quarter. This position accounts for 0.055% of the $1.77 billion portfolio of Snow Capital Management, L.P.. John Keeley owns 72,810 shares as of December 31, 2012, an increase of 33.23% from the previous quarter. This position accounts for 0.024% of the $4.48 billion portfolio of Keeley Fund Management.

Executive Vice President Larry Dewayne Bateman sold 1,217 shares of BXS stock on Februaru 8, 2013 at the average price of 14.78. Larry Dewayne Bateman owns at least 13,529 shares after this. The price of the stock has increased by 2.71% since.

PVR Partners LP (PVR): Director, President and CEO William H. Shea, Jr. Bought 25,000 Shares

Director, President and CEO of PVR Partners LP (PVR) William H. Shea, Jr. bought 25,000 shares on February 225, 2013 at an average price of $22.85. PVR Partners LP formerly Penn Virginia Resource Partners LP is a publicly traded Delaware limited partnership that is principally engaged in the management of coal and natural resource properties and the gathering and processing of natural gas in the United States. PVR Partners LP has a market cap of $2.93 billion; its shares were traded at around $22.85 with a P/E ratio of 33.9 and P/S ratio of 1.955. The dividend yield of PVR Partners LP stocks is 9.37%. PVR Partners LP had an annual average earnings growth of 7.2% over the past 10 years.

EVP and CFO Robert B. Wallace bought 2,000 shares of PVR stock on February 25, 2013 at the average price of 22.47. Robert B Wallace owns at least 19,904 shares after this. The price of the stock has increased by 1.69% since. There are mixed trades from other insiders.

LogMeIn, Inc. (LOGM): CEO, President and Secretary Michael K. Simon Bought 19,900 Shares

CEO, President and Secretary of LogMeIn, Inc., (LOGM) Michael K. Simon bought 19,900 shares on February 27, 2013 at an average price of $18.54. LogMeIn, Inc., was originally formed as a Bermuda limited liability Company in February 2003. Logmein, Inc., has a market cap of $460.055 million; its shares were traded at around $18.54 with a P/E ratio of 131.579 and P/S ratio of 3.3864.

LogMeIn recently announced its results for the fourth quarter and fiscal year ended December 31, 2012. For the fourth quarter of 2012, total revenue increased 14 percent to $37.0 million from $32.3 million reported in the fourth quarter of 2011. Total subscription revenue increased 20% to $36.5 million, up from $30.4 million in the fourth quarter of 2011.

George Soros owns 237,989 shares as of December 12, 2012, an increase of 18.99% from the previous quarter. This position accounts for 0.064% of the $8.36 billion portfolio of Soros Fund Management, LLC.

CFO and Treasurer James F. Kelliher bought 8,000 shares of LOGM stock on February 21, 2013 at the average price of 16.92. James F. Kelliher owns at least 25,561 shares after this. The price of the stock has increased by 9.57% since. Other insiders have decreased their positions in the company.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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