Weekly CEO Buys Highlight: RCL, PSXP, ALXA, PAY, HAFC

Author's Avatar
Aug 05, 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:



Royal Caribbean Cruises Ltd. (RCL, Financial): Chairman and CEO Richard D. Fain Bought 26,800 Shares


Chairman & CEO of Royal Caribbean Cruises Ltd. (RCL) Richard D. Fain bought 26,800 shares on 07/29/2013 at an average price of $39.09. Royal Caribbean Cruises Ltd. was founded in 1968. The current parent corporation, Royal Caribbean Cruises Ltd. Royal Caribbean Cruises Ltd. has a market cap of $8.61 billion; its shares were traded at around $39.09 with a P/E ratio of 113.64 and P/S ratio of 1.10. The dividend yield of Royal Caribbean Cruises, Ltd. stocks is 1.23%. Royal Caribbean Cruises Ltd. had an annual average earnings growth of 2.2% over the past 10 years.

Royal Caribbean Cruises recently reported its second quarter 2013 financial results. Net Income for the quarter was $24.7 million, or $0.11 per share, compared to a net loss of ($3.7 million), or ($0.02) per share, in 2012.

Julian Robertson bought 494,000 shares in the quarter that ended on 03/31/2013, which is 2.2% of the $740 million portfolio of Tiger Management. Donald Smith owns 3,065,502 shares as of 03/31/2013, an increase of 39.21% from the previous quarter. This position accounts for 2.2% of the $4.57 billion portfolio of Donald Smith & Co.

Director Bernard W. Aronson sold 25,452 shares of RCL stock on 07/31/2013 at the average price of $37.86. Bernard W. Aronson owns at least 18,994 shares after this. The price of the stock has increased by 3.25% since.

Phillips 66 Partners LP (PSXP, Financial): Chairman and CEO Greg C. Garland Bought 35,000 Shares

Chairman and CEO of Phillips 66 Partners LP (PSXP) Greg C. Garland bought 35,000 shares on 07/26/2013 at an average price of $32.50. Phillips 66 Partners LP has a market cap of $1.14 billion; its shares were traded at around $32.50 with and P/S ratio of 13.81.

CFO Gregory Gene Maxwell bought 30,000 shares of PSXP stock on 07/26/2013 at the average price of $23. Gregory Gene Maxwell owns at least 30,000 shares after this. The price of the stock has increased by 41.3% since.

Alexza Pharmaceuticals Inc. (ALXA, Financial): President and CEO Thomas Braxton King Bought 80,000 Shares



President and CEO of Alexza Pharmaceuticals Inc. (ALXA) Thomas Braxton King bought 80,000 shares during the past week at an average price of $5.06. Alexza Pharmaceuticals Inc. was incorporated in the state of Delaware on December 19, 2000 as FaxMed Inc. Alexza Pharmaceuticals Inc. has a market cap of $76.7703 million; its shares were traded at around $5.06 with and P/S ratio of 24.45.

Alexza recently reported financial results for the fiscal quarter March 31, 2013. The net loss for the quarters ended March 31, 2013 and 2012, as reported in accordance with accounting principles generally accepted in the United States (GAAP), were $20.7 million and $3.8 million, respectively.

VeriFone Systems Inc. (PAY, Financial): Interim CEO Richard A. Mcginn Bought 20,000 Shares

Interim CEO of VeriFone Systems Inc. (PAY) Richard A. Mcginn bought 20,000 shares on 07/26/2013 at an average price of $19.27. VeriFone Systems Inc. formerly known as VeriFone Holdings Inc. was incorporated in the state of Delaware on June 13, 2002 in order to acquire VeriFone Inc. Verifone Systems Inc. has a market cap of $2.09 billion; its shares were traded at around $19.27 with a P/E ratio of 116.28 and P/S ratio of 1.15.

PAY recently reported its second quarter 2012 financail results. Non-GAAP net revenues for Q2 FY13 were $430 million, compared to $479 million a year ago, a 10% decrease. GAAP net revenues were $426 million, compared to $472 million a year ago, a 10% decrease. Non-GAAP net income per diluted share was $0.42, compared to $0.64 a year ago, a 34% decrease.

Richard Snow bought 1,644,775 shares in the quarter that ended on 03/31/2013, which is 1.6% of the $2.07 billion portfolio of Snow Capital Management LPLeon Cooperman sold out his holdings in the quarter that ended on 03/31/2013. Joel Greenblatt sold out his holdings in the quarter that ended on 03/31/2013.

Director Jeffrey E Stiefler bought 27,900 shares of PAY stock on 07/10/2013 at the average price of 17.89. Jeffrey E. Stiefler owns at least 29,900 shares after this. The price of the stock has increased by 7.71% since.

Hanmi Financial Corporation (HAFC, Financial): President and CEO Chong Guk Kum Bought 15,000 Shares

President and CEO of Hanmi Financial Corporation (HAFC) Chong Guk Kum bought 15,000 shares on 07/30/2013 at an average price of $17.59. Hanmi Financial Corporation serves as the holding company for its subsidiary, Hanmi Bank. Hanmi Financial Corporation has a market cap of $557.477 million; its shares were traded at around $17.59 with a P/E ratio of 5.96 and P/S ratio of 4.23.

Director Joon Hyung Lee bought 10,000 shares of HAFC stock on 07/31/2013 at the average price of $16.98. Joon Hyung Lee owns at least 287,660 shares after this. The price of the stock has increased by 3.59% since.