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Top Three Insider Buys of the Week

September 27, 2013 | About:
Monica Wolfe

Monica Wolfe

130 followers
According to the GuruFocus All-in-One Screener the following three companies reported the largest insider buys last week. These are the largest insider buys in terms of transaction amount, level of insider making buys and number of insiders buying. Each of the following three companies involve transactions valued at over $100,000 and have multiple insiders making buys.

Biglari Holdings (BH)

Over the past week there have been several insider buys. The insiders making buys thus far are Interim CFO and VP Duane Geiger, Director Philip Cooley, Director Sardar Biglari and Director Kenneth Cooper. These insiders bought a total of 5,318 shares at a price of $265 per share.

Director Biglari made the largest transaction of the week adding 5,165 shares. He spent a total of $1,368,725 on this transaction. After his most recent buy, Biglari now holds on to at least 269,663 shares of his company’s stock.

[url=www.gurufocus.com/insider/BH]1380311567267.png[/url]

The company has upped its insider buying as the price is nearing a 10-year high.

Biglari Holdings is a diversified holding company engaged in a number of diverse business activities. The Company is currently engaged in and the franchising and operating of restaurants.

Biglari’s historical revenue and net income:

1380311723781.png

The analysis on Biglari reports that the revenue has slowed down, they have issued $72.812 million of debt over the past three years, its price is near a 10-year high and its P/E ratio is nearing a 10-year low.

The Peter Lynch Chart suggests that the company is currently undervalued:

1380312084230.png

There are currently two gurus that hold a position in Biglari Holdings.

Chefs Warehouse Holdings (CHEF)

Over the past week there were three directors making buys into Chefs Warehouse Holdings. The directors making these buys were Joseph Cugine, Alan Guarino and Stephen Hanson. These three directors bought a total of 33,000 shares at $21 per share. The directors spent a cumulative $693,000 on these buys. Since their buy, the price per share has increased about 9.67%.

Stephen Hanson made the largest buy, adding 30,000 shares to his stake. The insider spent a total of $630,000 on this transaction. Hanson now holds on to 44,984 shares of the company’s stock.

[url=www.gurufocus.com/insider/CHEF]1380312742776.png[/url]

These buys come as the company is nearly at its 10-year high.

Chefs Warehouse Holdings is a specialty food products distributor. It supplies products like specialty cheeses, truffles, seafood, cooking oils, flour to the restaurants, country clubs, hotels, caterers, culinary schools and specialty food stores, etc.

Chefs Warehouse’s historical revenue and net income:

1380313573280.png

The analysis on Chefs Warehouse reports that the price is at a one-year high, the revenue has been in decline over the past year and the company has issued $113.329 million of debt over the past three years.

The company finalized its public stock offering on Sept. 25.

Chefs Warehouse Holdings has a market cap of $486.3 million. Its shares are currently trading at around $22.98 with a P/E ratio of 31.30, a P/S ratio of 0.80 and a P/B ratio of 10.50.

Education Realty Trust (EDR)

Over the past week two insiders made some buys. Both the CEO as well as the company’s CFO made these buys.

Executive VP, CFO and Treasurer Randall Brown bought 5,500 shares at $9.04 per share. This cost him a total of $49,720. The price per share has increased 1.44% since then. Brown now holds on to 99,346 shares of company stock.

President and CEO Randy Churchey bought 20,000 shares of company stock at an average price of $8.99 per share. This cost the CEO a total of $179,800. The price has increased 2% since then. The CEO now holds on to 283,280 shares of Education Realty Trust stock.

[url=www.gurufocus.com/insider/EDR]1380315192331.png[/url]

Insider buying for Education Realty Trust has increased since the company’s price hit a 52-week low and is on the rebound.

Education Realty Trust develops, acquires, owns and manages student housing communities located near university campuses. The company currently owns or manages 67 communities in 24 states with 37,060 beds within 12,359 units.

EDR’s historical revenue and net income:

1380315559151.png

The company recently released its pre-leasing statistics. The statistics highlighted a fall 2013 same-community pre-leasing occupancy of 93.6%, a 290 basis point improvement from last year. EDR also reported that their new communities, representing eleven communities, are at a 94% preleasing occupancy.

Education Realty Trust has a market cap of $1.06 billion. Its shares are trading at around $9.17 with a P/E ratio of 90.80, a P/S ratio of 6.20 and a P/B ratio of 1.40. The company currently holds a dividend yield of 4.50%.

There are currently five gurus that hold a position in Education Realty Trust.

You can view a complete list of CEO buys and sells here.

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Rating: 3.0/5 (6 votes)

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