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Weekly CEO Buys Highlight: HHC, PKY, IRM, AINV, EXAM

June 10, 2013 | About:
GuruFocus

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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:



Howard Hughes Corp (HHC): CEO David Weinreb Bought 10,000 Shares


CEO of Howard Hughes Corp (HHC) David Weinreb bought 10,000 shares on 06/03/2013 at an average price of $105.78. Howard Hughes Corporation operates as a real estate company engaged in the development of master planned communities and other strategic real estate development opportunities across the United States. Howard Hughes Corp has a market cap of $4.02 billion; its shares were traded at around $105.78 with a P/E ratio of 67.80 and P/S ratio of 10.52.

HHC recently reported its first quarter 2013 financial results. First quarter 2013 net income increased 22.9% to $11.8 million, excluding the $(33.0) million non-cash warrant loss and $(1.9) million non-cash loss relating to a reduction in the tax indemnity receivable, compared to the first quarter 2012 net income of $9.6 million, excluding the $(121.9) million non-cash warrant loss.

Bill Ackman owns 3,568,017 shares as of 03/31/2013, which accounts for 3% of the $10.07 billion portfolio of Pershing Square Capital Management LP. John Keeley owns 256,117 shares as of 03/31/2013, which accounts for 0.42% of the $5.1 billion portfolio of Keeley Fund Management. John Paulson owns 315,000 shares as of 03/31/2013, which accounts for 0.15% of the $17.73 billion portfolio of Paulson & Co. Whitney Tilson owns 78,479 shares as of 03/31/2013, which accounts for 5.6% of the $117 million portfolio of T2 Partners Management, LP.

Parkway Properties Inc. (PKY): President and CEO James R. Heistand Bought 50,000 Shares

President and CEO of Parkway Properties Inc. (PKY) James R. Heistand bought 50,000 shares on 06/04/2013 at an average price of $17.27. Parkway Properties Inc. is a Maryland corporation. Parkway Properties, Inc. has a market cap of $1.2 billion; its shares were traded at around $17.27 with a P/E ratio of 8.40 and P/S ratio of 2.81. The dividend yield of Parkway Properties Inc. stocks is 2.61.

EVP & GENERAL COUNSEL Jeremy R Dorsett bought 1,000 shares of PKY stock on 05/24/2013 at the average price of 17.98. Jeremy R Dorsett owns at least 11,966 shares after this. The price of the stock has decreased by 3.95% since.

Iron Mountain Inc. (IRM): President and CEO William L. Meaney Bought 12,000 Shares

President and CEO of Iron Mountain Inc (IRM) William L. Meaney bought 12,000 shares on 06/07/2013 at an average price of $28.95. Iron Mountain Incorporated was founded in 1951, under the name Pierce Leahy Corp. Iron Mountain Inc has a market cap of $6.56 billion; its shares were traded at around $28.95 with a P/E ratio of 38.02 and P/S ratio of 1.73. The dividend yield of Iron Mountain Inc stocks is 3.73%. Iron Mountain Inc had an annual average earnings growth of 7.4% over the past 10 years. GuruFocus rated Iron Mountain Inc the business predictability rank of 3-star.

Iron Mountain recently announced its first quarter 2013 financial results. The company reported financial and operating results for the first quarter ended March 31, 2013. Total revenues for the quarter were $747 million.

Ray Dalio bought 39,543 shares in the quarter that ended on 03/31/2013, which is 0.013% of the $10.99 billion portfolio of Bridgewater Associates. John Keeley owns 356,684 shares as of 03/31/2013, an increase of 11.1% from the previous quarter. This position accounts for 0.25% of the $5.1 billion portfolio of Keeley Fund Management.

CFO Brian P Mckeon bought 3,600 shares of IRM stock on 06/07/2013 at the average price of 28.61. Brian P Mckeon owns at least 10,991 shares after this. The price of the stock has increased by 1.19% since.

Apollo Investment Corp (AINV): CEO James C. Zelter Bought 40,000 Shares

CEO of Apollo Investment Corp (AINV) James C. Zelter bought 40,000 shares during the past week at an average price of $8.07. Apollo Investment Corporation a Maryland corporation organized on February 2, 2004, is a closed-end, externally managed, non-diversified management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. Apollo Investment Corp has a market cap of $1.8 billion; its shares were traded at around $8.07 with a P/E ratio of 15.82 and P/S ratio of 5.29. The dividend yield of Apollo Investment Corp stocks is 9.91%.

AINV recently announced financial results for its fourth fiscal quarter ended March 31, 2013. The Company's net investment income was $0.21 per share for the quarter ended March 31, 2013 compared to $0.21 for the quarter ended Dec. 31, 2012.

NWQ Managers bought 100,000 shares in the quarter that ended on 03/31/2013, which is 0.0069% of the $12.11 billion portfolio of NWQ Investment Management Co. Joel Greenblatt owns 32,650 shares as of 03/31/2013, which accounts for 0.014% of the $1.97 billion portfolio of Gotham Capital. Leon Cooperman owns 150,000 shares as of 03/31/2013, which accounts for 0.019% of the $6.46 billion portfolio of Omega Advisors.

ExamWorks Group Inc. (EXAM): CEO James K. Price Bought 11,000 Shares

CEO of ExamWorks Group Inc. (EXAM) James K. Price bought 11,000 shares on 06/03/2013 at an average price of $19.01. ExamWorks, Inc. was incorporated in Delaware on April 27, 2007. Examworks Group Inc. has a market cap of $667.427 million; its shares were traded at around $19.01 with and P/S ratio of 1.19.

CFO, Senior EVP and Treasurer De Castro Jose Migue Fernandez bought 2,500 shares of EXAM stock on 06/03/2013 at the average price of 18.85. De Castro Jose Migue Fernandez owns at least 133,048 shares after this. The price of the stock has increased by 0.85% since.

  • 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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Rating: 2.7/5 (3 votes)

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