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Weekly CEO Buys Highlight: JMP, AKAM, FSFR, MRCC, TROX

December 10, 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:



JMP Group Inc. (NYSE:JMP): CEO, 10% Owner Joseph A. Jolson Bought 209,808 Shares


CEO, 10% Owner of JMP Group Inc. (NYSE:JMP) Joseph A Jolson bought 209,808 shares on 12/04/2013 at an average price of $7.48. JMP Group Inc. is a Delaware Corporation. It is a full-service investment banking, asset management and corporate credit management firm. JMP Group Inc. has a market cap of $163.200 million; its shares were traded at around $7.48 with a P/E ratio of 29.70 and P/S ratio of 1.40. The dividend yield of JMP Group Inc. stocks is 2.00%.

JMP recently reported its third quarter 2013 financial results. Adjusted net revenues, which exclude certain non-cash items and non-controlling interests, were $36.2 million, an increase of 25.7% from $28.8 million for the third quarter of 2012.

Akamai Technologies Inc. (NASDAQ:AKAM): CEO F. Thomson Leighton Bought 25,000 Shares

CEO of Akamai Technologies Inc. (NASDAQ:AKAM) F. Thomson Leighton bought 25,000 shares on 12/05/2013 at an average price of $44.30. Akamai Technologies Inc., was incorporated in Delaware in 1998. Akamai Technologies Inc. has a market cap of $7.9 billion; its shares were traded at around $44.14 with a P/E ratio of 28.50 and P/S ratio of 5.30. Akamai Technologies Inc. had an annual average earnings growth of 27.10% over the past 10 years.

Akamai recently reported financial results for the third quarter ended Sept. 30, 2013. Revenue for the third quarter of 2013 was $396 million, a 15% increase over third quarter 2012 revenue of $345 million, or up 18% adjusted for Advertising Decision Solutions (ADS) divestiture.

PRIMECAP Management owns 82,000 shares as of 09/30/2013, which accounts for 0.0056% of the $76.01 billion portfolio of PRIMECAP Management. John Hussman owns 350,000 shares as of 09/30/2013, which accounts for 0.99% of the $1.82 billion portfolio of Hussman Economtrics Advisors.

CFO James M Benson sold 1,563 shares of AKAM stock on 10/28/2013 at the average price of 24.99. James M Benson owns at least 6,339 shares after this. The price of the stock has increased by 76.63% since.

Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR): CEO Leonard M. Tannenbaum Bought 50,575 Shares

CEO of Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) Leonard M. Tannenbaum bought 50,575 shares during the past week at an average price of $13.43. Fifth Street Senior Floating Rate Corp is a business development company formed in May 2013 as a Delaware corporation and structured as an externally managed, closed-end, non-diversified management investment company. Fifth Street Senior Floating Rate Corp has a market cap of $89.700 million; its shares were traded at around $13.43. The dividend yield of Fifth Street Senior Floating Rate Corp stocks is 0.10%.

CFO Alexander C. Frank bought 1,000 shares of FSFR stock on 08/09/2013 at the average price of $13.95. Alexander C. Frank owns at least 1,000 shares after this. The price of the stock has decreased by 3.73% since.

Monroe Capital Corp (NASDAQ:MRCC): Chairman, President and CEO Theodore L. Koenig Bought 34,700 Shares

Chairman, President and CEO of Monroe Capital Corp (NASDAQ:MRCC) Theodore L. Koenig bought 34,700 shares during the past week at an average price of $12.39. Monroe Capital Corp is a specialty finance company providing financing to lower middle-market companies in the U.S. Monroe Capital Corp has a market cap of $123.100 million; its shares were traded at around $12.39 with a P/E ratio of 11.00 and P/S ratio of 72.10. The dividend yield of Monroe Capital Corp stocks is 10.90%.

Monroe Capital recently reported its third quarter 2013 financial results. The company announced net increase in net assets resulting from operations of $2.0 million, or $0.22 per share. Net investment income was $2.4 million, or $0.27 per share.

Director Jeffrey D. Steele bought 5,575 shares of MRCC stock on 11/30/2013 at the average price of $13. Jeffrey D. Steele owns at least 8,575 shares after this. The price of the stock has decreased by 4.69% since.

Tronox Ltd. (NYSE:TROX): Chairman, CEO Thomas Casey Bought 20,000 Shares

Chairman, CEO of Tronox Ltd. (NYSE:TROX) Thomas Casey bought 20,000 shares on 12/02/2013 at an average price of $21.86. Tronox Ltd. was formed on Sept. 21, 2011. The company is a public limited company registered under the laws of the State of Western Australia, Australia. Tronox Ltd. has a market cap of $2.44 billion; its shares were traded at around $21.47 with and P/S ratio of 1.20. The dividend yield of Tronox Ltd. stocks is 4.70%.

Tronox recently reported third quarter 2013 revenue of $491 million, up 1 percent versus $487 million in the third quarter 2012 and down 6 percent versus $525 million in the second quarter 2013.

  • 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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