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Weekly CEO Buys Highlight: ARCP, CPE

April 14, 2013 | About:
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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:



American Realty Capital Properties Inc. (NASDAQ:ARCP): Chairman of the Board of Directors and CEO Nicholas S. Schorsch Bought 30,000 Shares

Chairman of the Board of Directors and CEO of American Realty Capital Properties Inc. (NASDAQ:ARCP), Nicholas S. Schorsch bought 30,000 shares on April 11, 2013 at an average price of $16.64. American Realty Capital Properties, Inc. was incorporated as a Maryland corporation on December 2, 2010 and intends to elect and qualify to be taxed as a REIT. American Realty Capital Properties Inc. has a market cap of $218.566 million; its shares were traded at around $16.64 with a P/S ratio of 9.0498. The dividend yield of American Realty Capital Properties Inc. stocks is 5.35%.

American Realty Capital Properties recently reported its fourth quarter 2012 financial results. The company announced revenues of $5.6 million, representing an increase of $0.8 million, or 15.8%, compared to the prior quarter.

Executive Vice President and CFO Brian S. Block bought 10,000 shares of ARCP stock on April 11, 2013 at the average price of $15.69. Brian S. Block owns at least 64,952 shares after this. The price of the stock has increased by 6.05% since.

Callon Petroleum Co. (NYSE:CPE): Chairman, President, CEO Fred L. Callon Bought 14,286 Shares

Chairman, President, CEO of Callon Petroleum Co. (NYSE:CPE) Fred L. Callon bought 14,286 shares on April 8, 2013 at an average price of $3.85. Callon Petroleum Company or Callon was incorporated under the laws of the state of Delaware in 1994 and succeeded to the business of a publicly traded limited partnership, a joint venture with a consortium of European investors and an independent energy company owned by a member of current management. Callon Petroleum Co. has a market cap of $153.5 million; its shares were traded at around $3.85 with a P/E ratio of 54.9451 and a P/S ratio of 1.38.

Callon Petroleum recently reported its fourth quarter 2012 financial results. The company announced revenues of $28.7 million. Fully diluted net loss was $(0.01) per share.

Executive Vice President and CFO B. F. Weatherly bought 11,019 shares of CPE stock on April 9, 2013 at the average price of $3.63. B. F. Weatherly owns at least 51,658 shares after this. The price of the stock has increased by 6.06% since. Other insiders have also increased their positions in the company.

For the complete list of stocks that were bought by their company CEOs, go to: Buy

  • 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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