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Weekly CEO Buys Highlight: HOLX, EPB, CLMS, IDTI, BYI

February 17, 2014 | 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:

Hologic Inc. (NASDAQ:HOLX): President and CEO Stephen P. Macmillan Bought 237,500 Shares

President and CEO of Hologic Inc. (NASDAQ:HOLX) Stephen P. Macmillan bought 237,500 shares during the past week at an average price of $21.24. Hologic Inc. was incorporated in Massachusetts in October 1985 and reincorporated in Delaware in March 1990. Hologic Inc. has a market cap of $5.83 billion; its shares were traded at around $21.24 with and P/S ratio of 2.32.

Hologic recently reported its first quarter fiscal 2014 financial results. The company announced revenues of $612.4 million, as well as non-GAAP net income of $94.1 million, or $0.34 per diluted share. Net loss for the quarter was $5.4 million, or $0.02 per diluted share.

Carl Icahn (Trades, Portfolio) bought 34,154,879 shares in the quarter that ended on 12/31/2013, which is 2.5% of the $30.46 billion portfolio of Icahn Capital Management LP. Joel Greenblatt (Trades, Portfolio) bought 156,851 shares in the quarter that ended on 12/31/2013, which is 0.083% of the $4.2 billion portfolio of Gotham Capital. Jean-Marie Eveillard (Trades, Portfolio) owns 17,000 shares as of 12/31/2013, which accounts for 0.001% of the $36.74 billion portfolio of First Eagle Investment Management LLC. Irving Kahn (Trades, Portfolio) owns 1,349,570 shares as of 12/31/2013, which accounts for 5.2% of the $581 million portfolio of Kahn Brothers.

Executive VP and CFO Glenn P. Muir sold 140,000 shares of HOLX stock on 10/30/2013 at the average price of $22.32. Glenn P. Muir owns at least 825,891 shares after this. The price of the stock has decreased by 4.84% since.

El Paso Pipeline Partners LP (NYSE:EPB): Chairman and CEO Richard D. Kinder Bought 100,000 Shares

Chairman and CEO of El Paso Pipeline Partners LP (NYSE:EPB) Richard D. Kinder bought 100,000 shares on 02/11/2014 at an average price of $30.95. El Paso Pipeline Partners LP is a Delaware master limited partnership (MLP) formed in November 2007 by El Paso Corporation. El Paso Pipeline Partners LP has a market cap of $6.75 billion; its shares were traded at around $30.95 with a P/E ratio of 15.50 and P/S ratio of 4.46. The dividend yield of El Paso Pipeline Partners LP stocks is 8.23%.

John Keeley (Trades, Portfolio) owns 32,140 shares as of 12/31/2013, an increase of 17% from the previous quarter. This position accounts for 0.02% of the $5.88 billion portfolio of Keeley Fund Management.

President and COO Steven J. Kean bought 18,000 shares of EPB stock on 09/10/2013 at the average price of $42.08. Steven J. Kean owns at least 18,000 shares after this. The price of the stock has decreased by 26.45% since.

Calamos Asset Management Inc. (NASDAQ:CLMS): Chairman, CEO and Global Co-CIO, 10% Owner John P. Calamos Sr. Bought 191,810 Shares

Chairman, CEO and Global Co-CIO, 10% Owner of Calamos Asset Management Inc. (NASDAQ:CLMS) John P. Calamos Sr. bought 191,810 shares during the past week at an average price of $11.53. Calamos Asset Management Inc. is a global asset management firm that offers strategies to fulfill a range of asset allocation goals through a multi-team platform. Calamos Asset Management Inc. has a market cap of $237.129 million; its shares were traded at around $11.53 with a P/E ratio of 19.20 and P/S ratio of 0.85. The dividend yield of Calamos Asset Management, Inc. stocks is 4.33%. Calamos Asset Management Inc. had an annual average earnings growth of 31.40% over the past five years.

Mario Gabelli (Trades, Portfolio) owns 126,000 shares as of 12/31/2013, which accounts for 0.008% of the $18.65 billion portfolio of GAMCO Investors.

SVP and CFO Nimish S. Bhatt bought 364 shares of CLMS stock on 11/20/2013 at the average price of $10.47. Nimish S. Bhatt owns at least 90,543 shares after this. The price of the stock has increased by 10.12% since.

Integrated Device Technology (NASDAQ:IDTI): President and CEO Gregory L. Waters Bought 100,000 Shares

President and CEO of Integrated Device Technology (NASDAQ:IDTI) Gregory L. Waters bought 100,000 shares on 02/10/2014 at an average price of $11.80. Integrated Device Technology was incorporated in California in 1980 and reincorporated in Delaware in 1987. Integrated Device Technology has a market cap of $1.77 billion; its shares were traded at around $11.80 with a P/E ratio of 24.20 and P/S ratio of 3.72.

IDTI recently reported its third quarter fiscal year 2014 financial results. Revenue from continuing operations for the fiscal third quarter of 2014 was $124.6 million, compared with $114.3 million reported in the same period one year ago.

NWQ Managers (Trades, Portfolio) owns 2,054,935 shares as of 12/31/2013, an increase of 73.56% from the previous quarter. This position accounts for 0.18% of the $11.42 billion portfolio of NWQ Investment Management Co.

Director Peter A Feld sold 682,849 shares of IDTI stock on 02/12/2014 at the average price of 11.57. Peter A Feld owns at least 9,506,785 shares after this. The price of the stock has increased by 1.99% since.

Bally Technologies Inc. (NYSE:BYI): President and CEO Ramesh Srinivasan Bought 15,000 Shares

President & CEO of Bally Technologies Inc. (NYSE:BYI) Ramesh Srinivasan bought 15,000 shares on Feb. 12, 2014, at an average price of $69.52. Bally Technologies Inc. was incorporated in Nevada on Sept. 30, 1968, under the name Advanced Patent Technologies. Bally Technologies Inc. has a market cap of $2.72 billion; its shares were traded at around $69.52 with a P/E ratio of 20.50 and P/S ratio of 2.60. Bally Technologies Inc. had an annual average earnings growth of 25.60% over the past 10 years. GuruFocus rated Bally Technologies Inc. the business predictability rank of 4-star.

Bally Technologies recently announced record quarterly revenue of $285 million and Adjusted EPS of $1.06 for the three months ended Dec. 31, 2013, inclusive of a $0.02 loss per share from unfavorable foreign currency movements.

Joel Greenblatt (Trades, Portfolio) owns 207,971 shares as of 12/31/2013, an increase of 83.51% from the previous quarter. This position accounts for 0.39% of the $4.2 billion portfolio of Gotham Capital. Meridian Funds (Trades, Portfolio) owns 269,000 shares as of 06/30/2013, which accounts for 0.57% of the $2.68 billion portfolio of Meridian Fund.

SVP, CFO and Treasurer Neil Davidson sold 6,624 shares of BYI stock on 09/13/2013 at the average price of $74.51. Neil Davidson owns at least 28,152 shares after this. The price of the stock has decreased by 6.7% 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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