Weekly CEO Buys Highlight: DRC, CWT, MTG, EXAM, SBY

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Mar 11, 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:





Dresser-Rand Group, Inc. (DRC, Financial): President and CEO Vincent R. Volpe, Jr. Bought 17,680 Shares


President and CEO of Dresser-Rand Group, Inc. (DRC) Vincent R. Volpe, Jr. bought 17,680 shares on March 8, 2013 at an average price of $57.93. Dresser-Rand Group Inc. is a Delaware corporation formed in October 2004. Dresser-Rand Group, Inc. has a market cap of $4.4 billion; its shares were traded at around $57.93 with a P/E ratio of 24.6305 and P/S ratio of 1.6147. Dresser-Rand Group, Inc. had an annual average earnings growth of 2.6% over the past 5 years.


Dresser-Rand recently reported net income of $80.2 million, or $1.05 per diluted share, for the fourth quarter 2012, which compares with net income of $68.9 million, or $0.91per diluted share, for the fourth quarter 2011. Net income was $179.0 million, or $2.35 per diluted share, for 2012, which compares with net income of $120.8 million, or $1.54 per diluted share, for 2011.


Jean-Marie Eveillard owns 820,890 shares as of December 31, 2012, which accounts for 0.16% of the $28.07 billion portfolio of First Eagle Investment Management, LLC. John Keeley owns 561,549 shares as of December 31, 2012, which accounts for 0.7% of the $4.48 billion portfolio of Keeley Fund Management.


California Water Service Group (CWT, Financial): Chairman & CEO Peter C. Nelson Bought 12,504 Shares


Chairman & CEO of California Water Service Group (CWT) Peter C. Nelson bought 12,504 shares on March 5, 2013 at an average price of $21.1. California Water Service Group was incorporated in the State of Delaware. California Water Service Group has a market cap of $884.682 million; its shares were traded at around $21.1 with a P/E ratio of 18.0505 and P/S ratio of 1.5793. The dividend yield of California Water Service Group stocks is 3%. California Water Service Group had an annual average earnings growth of 3.4% over the past 10 years. GuruFocus rated California Water Service Group the business predictability rank of 2-star.


VP Finance & CFO Thomas F Smegal III bought 3,001 shares of CWT stock on March 5, 2013 at the average price of 20.62. Thomas F Smegal III owns at least 37,504 shares after this. The price of the stock has increased by 2.33% since.


MGIC Investment Corporation (MTG, Financial): Chairman and CEO Curt S Culver Bought 50,000 Shares


Chairman and CEO of MGIC Investment Corporation (MTG) Curt S Culver bought 50,000 shares on March 7, 2013 at an average price of $4.91. MGIC Investment Corporation is a Wisconsin corporation organized in 1984. Mgic Investment Corporation has a market cap of $993.314 million; its shares were traded at around $4.91 with and P/S ratio of 0.7192.


MGIC recently reported a net loss for the quarter ended December 31, 2012 of $386.7 million, compared with a net loss of $135.3 million for the same quarter a year ago.


John Griffin owns 9,900,600 shares as of Decmeber 31, 2012, which accounts for 0.37% of the $7.19 billion portfolio of Blue Ridge Capital.


Executive VP & CFO Jon Michael Lauer bought 50,000 shares of MTG stock on March 7, 2013 at the average price of 3.79. Jon Michael Lauer owns at least 930,391 shares after this. The price of the stock has increased by 29.55% since.


ExamWorks Group, Inc. (EXAM, Financial): CEO James K. Price Bought 14,500 Shares


CEO of ExamWorks Group, Inc. (EXAM) James K. Price bought 14,500 shares on March 1, 2013 at an average price of $15.01. ExamWorks, Inc. was incorporated in Delaware on April 27, 2007. Examworks Group, Inc. has a market cap of $520.442 million; its shares were traded at around $15.01 with and P/S ratio of 0.9832.


ExamWorks Group recently reported its fourth quarter 2012 financial results. Revenues for the fourth quarter of 2012 were $139.6 million, an increase of $24.3 million, or 21.1%, over the year-ago quarter revenues of $115.3 million. Excluding the impact of acquisitions completed within the past twelve months, organic revenue grew by 5.4% over the prior year quarter.


CFO, Senior EVP and Treasurer De Castro Jose Migue Fernandez bought 5,000 shares of EXAM stock on November 14, 2012 at the average price of 11.48. De Castro Jose Migue Fernandez owns at least 110,188 shares after this. The price of the stock has increased by 30.75% since.


Silver Bay Realty Trust Corp (SBY, Financial): President and CEO David N. Miller Bought 10,000 Shares


President and CEO of Silver Bay Realty Trust Corp (SBY) David N. Miller bought 10,000 shares on March 4, 2013 at an average price of $19.54. Silver Bay Realty Trust Corp has a market cap of $768.194 million; its shares were traded at around $19.54 with and P/S ratio of 200.


CFO and Treasurer Christine Battist bought 500 shares of SBY stock on 12/19/2012 at the average price of 18.5. Christine Battist owns at least 12,662 shares after this. The price of the stock has increased by 5.62% since.