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Weekly CEO Buys Highlight: UNF, BDGE, ASGN, EQU

October 08, 2013 | About:
GuruFocus

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:



UniFirst Corporation (UNF): President and CEO, 10% Owner Ronald D. Croatti Bought 8,242 Shares

President and CEO, 10% Owner of UniFirst Corporation (UNF) Ronald D. Croatti bought 8,242 shares on 10/02/2013 at an average price of $99.55. UniFirst Corporation has a market cap of $1.99 billion; its shares were traded at around $99.55 with a P/E ratio of 18.08 and P/S ratio of 1.49. The dividend yield of UniFirst Corporation stocks is 0.15%. UniFirst Corporation had an annual average earnings growth of 13.7% over the past 10 years. GuruFocus rated UniFirst Corporation the business predictability rank of 4.5-star.

UNF recently announced results for its third fiscal quarter ended May 25, 2013. Revenues were $335.8 million, up 4.6% from $320.9 million in the year ago period. Net income was $28.7 million ($1.43 per diluted share), compared to $27.5 million ($1.37 per diluted share) reported in the year ago period.

Joel Greenblatt owns 52,147 shares as of 06/30/2013, an increase of 100.55% from the previous quarter. This position accounts for 0.2% of the $2.35 billion portfolio of Gotham Capital. Third Avenue Management owns 428,325 shares as of 06/30/2013, a decrease of 29.31% of from the previous quarter. This position accounts for 0.77% of the $5.1 billion portfolio of Third Avenue Management. Tweedy Browne owns 377,713 shares as of 06/30/2013, a decrease of 42.48% of from the previous quarter. This position accounts for 0.86% of the $4 billion portfolio of Tweedy Browne Co. LLC.

Senior VP of Operations David A. Difillippo sold 90 shares of UNF stock on 07/22/2013 at the average price of $101.62. David A. Difillippo owns at least 3,572 shares after this. The price of the stock has decreased by 2.04% since.

Bridge Bancorp Inc. (BDGE): President/CEO Kevin M. O'Connor Bought 10,000 Shares

President/CEO of Bridge Bancorp Inc. (BDGE) Kevin M. O'Connor bought 10,000 shares on 10/02/2013 at an average price of $21.66. Bridge Bancorp Inc. has a market cap of $199.798 million; its shares were traded at around $21.66 with a P/E ratio of 14.25 and P/S ratio of 3.26. The dividend yield of Bridge Bancorp Inc. stocks is 4.26%. Bridge Bancorp Inc. had an annual average earnings growth of 1.8% over the past five years.

Bridge Bancorp recently announced the declaration of a quarterly dividend of $0.23 per share. The dividend will be payable on Nov. 1, 2013 to shareholders of record as of Oct. 18, 2013. The company continues its trend of uninterrupted dividends.

Director Dennis A. Suskind bought 13,500 shares of BDGE stock on 10/02/2013 at the average price of $20.75. Dennis A. Suskind owns at least 122,226 shares after this. The price of the stock has increased by 4.39% since.

On Assignment Inc. (ASGN): COO, OAI; CEO, OGR Michael McGowan Bought 1,006 Shares

COO, OAI; CEO, OGR of On Assignment Inc. (ASGN) Michael McGowan bought 1,006 shares on 09/30/2013 at an average price of $31.85. On Assignment Inc. has a market cap of $1.71 billion; its shares were traded at around $31.85 with a P/E ratio of 27.86 and P/S ratio of 1.06. On Assignment Inc. had an annual average earnings growth of 16.2% over the past five years.

On Assignment recently reported its second quarter 2013 financial results. Adjusted EBITDA (a non-GAAP measure defined below) was $44.2 million, up from $38.4 million in second quarter of 2012 on a pro forma basis.

Ron Baron owns 1,000,000 shares as of 06/30/2013, which accounts for 0.14% of the $19.21 billion portfolio of Baron Funds.

CFO, Apex, a sub of the issuer Theodore S. Hanson sold 22,459 shares of ASGN stock on 08/02/2013 at the average price of 30.47. Theodore S. Hanson owns at least 349,167 shares after this. The price of the stock has increased by 4.53% since.

Equal Energy Ltd. (EQU): President and CEO Donald Charles Klapko Bought 3,625 Shares

President and CEO of Equal Energy Ltd. (EQU) Donald Charles Klapko bought 3,625 shares on 10/03/2013 at an average price of $4.73. Equal Energy Ltd. has a market cap of $168.765 million; its shares were traded at around $4.73 with a P/E ratio of 5.37 and P/S ratio of 2.92. The dividend yield of Equal Energy Ltd. stocks is 3.18%.

VP and CFO Scott Smalling bought 8 shares of EQU stock on 10/03/2013 at the average price of $4.71. Scott Smalling owns at least 101,000 shares after this. The price of the stock has increased by 0.42% since.

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


Rating: 3.0/5 (3 votes)

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