Weekly CEO Buys Highlight: KMI, CLMS, RTRX, OPK, KO

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Mar 03, 2014

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:

Kinder Morgan Inc. (KMI, Financial): Chairman and CEO, 10% Owner Richard D. Kinder Bought 199,165 Shares

Chairman and CEO, 10% Owner of Kinder Morgan Inc. (KMI, Financial) Richard D. Kinder bought 199,165 shares on 02/24/2014 at an average price of $31.52. Kinder Morgan Inc. was formed in Delaware in August 1992. Kinder Morgan Inc. has a market cap of $32.49 billion; its shares were traded at around $31.52 with a P/E ratio of 35.10 and P/S ratio of 2.90. The dividend yield of Kinder Morgan Inc. stocks is 5.00%.

Kinder Morgan recently reported its quarterly cash distribution per common unit of $0.65 ($2.60 annualized) payable on Feb. 14, 2014, to unitholders of record as of Jan. 31, 2014. This represents a 7 percent increase from the fourth quarter 2012 cash distribution per unit of $0.61 ($2.44 annualized) and remains flat from the third quarter 2013 distribution of $0.65 per unit.

John Hussman (Trades, Portfolio) bought 7,500 shares in the quarter that ended on 12/31/2013, which is 0.019% of the $1.4 billion portfolio of Hussman Economtrics Advisors. John Burbank (Trades, Portfolio) sold out his holdings in the quarter that ended on 12/31/2013. Steve Mandel (Trades, Portfolio) sold out his holdings in the quarter that ended on 12/31/2013.

Vice President Corporate Development Dax Sanders bought 1,000 shares of KMI stock on 02/24/2014 at the average price of $32.35. Dax Sanders owns at least 266,499 shares after this. The price of the stock has decreased by 2.57% since.

Calamos Asset Management Inc. (CLMS, Financial): Chairman, CEO, Global Co-CIO, 10% Owner John P. Calamos Sr. Bought 165,392 Shares

Chairman, CEO, Global Co-CIO, 10% Owner of Calamos Asset Management Inc. (CLMS, Financial) John P. Calamos Sr. bought 165,392 shares during the past week at an average price of $11.78. 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 $241.900 million; its shares were traded at around $11.78 with a P/E ratio of 19.60 and P/S ratio of 0.90. The dividend yield of Calamos Asset Management Inc. stocks is 4.20%. 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 337 shares of CLMS stock on 02/25/2014 at the average price of $11.45. Nimish S. Bhatt owns at least 88,689 shares after this. The price of the stock has increased by 2.88% since.

Retrophin Inc. (RTRX, Financial): CEO, 10% Owner Martin Shkreli Bought 43,100 Shares

CEO, 10% Owner of Retrophin Inc. (RTRX, Financial) Martin Shkreli bought 43,100 shares on 02/28/2014 at an average price of $17.80. Pivotal Therapeutics Inc. is engaged in the development of pharmaceutical products for the treatment of rare diseases. Retrophin Inc. has a market cap of $412.900 million.

Retrophin recently reported its third quarter 2013 financial results. Cash, cash equivalents and marketable securities at Sept. 30, 2013 totaled approximately $16.4 million, compared to $11,388 as of Dec. 31, 2012.

Director Cornelius E. Golding bought 3,000 shares of RTRX stock on 12/24/2013 at the average price of $7.5. Cornelius E. Golding owns at least 3,000 shares after this.

Opko Health Inc. (OPK, Financial): CEO & Chairman, 10% Owner Phillip Frost Md Et Al Bought 75,000 Shares

CEO and Chairman, 10% Owner of Opko Health Inc. (OPK, Financial) Phillip Frost Md Et Al bought 75,000 shares during the past week at an average price of $9.35. Opko Health Inc. was originally incorporated in Delaware in October 1991 under the name Cytoclonal Pharmaceutics Inc. Opko Health Inc. has a market cap of $3.81 billion; its shares were traded at around $9.35 with and P/S ratio of 32.20.

George Soros (Trades, Portfolio) owns 844,600 shares as of 12/31/2013, an increase of 13.37% from the previous quarter. This position accounts for 0.061% of the $11.78 billion portfolio of Soros Fund Management LLC. Mario Gabelli (Trades, Portfolio) owns 15,000 shares as of 12/31/2013, which accounts for 0.0007% of the $18.65 billion portfolio of GAMCO Investors.

Vice Chairman and CTO Jane Hsiao Ph.D. bought 10,000 shares of OPK stock on 01/30/2014 at the average price of $8.14. Jane Hsiao Ph.D. owns at least 36,818,758 shares after this. The price of the stock has increased by 14.86% since.

Coca-Cola Co. (KO, Financial): Chairman and CEO Ahmet Muhtar Kent Bought 10,500 Shares

Chairman and CEO of Coca-Cola Co. (KO, Financial) Ahmet Muhtar Kent bought 10,500 shares on 02/25/2014 at an average price of $38.03. Coca-Cola Co. was incorporated in September 1919 under the laws of the State of Delaware. Coca-Cola Co. has a market cap of $167.56 billion; its shares were traded at around $38.03 with a P/E ratio of 19.70 and P/S ratio of 3.60. The dividend yield of Coca-Cola Co. stocks is 2.90%. Coca-Cola Co. had an annual average earnings growth of 9.30% over the past 10 years. GuruFocus rated Coca-Cola Co.Ă‚ the business predictability rank of 5-star.

Coca-Cola Co. recently reported its fourth quarter and full year 2013 financial results. Full-year reported EPS was $1.90, down 3%, and comparable EPS was $2.08, up 3%. Comparable currency neutral EPS was up 8% for the full year. Fourth quarter reported EPS was $0.38, down 7%, and comparable EPS was $0.46, up 2%. Comparable currency neutral EPS was up 7% for the fourth quarter.

Brian Rogers (Trades, Portfolio) bought 600,000 shares in the quarter that ended on 12/31/2013, which is 0.09% of the $27.65 billion portfolio of T Rowe Price Equity Income Fund. John Hussman (Trades, Portfolio) owns 162,000 shares as of 12/31/2013, a decrease of 38.17% of from the previous quarter. This position accounts for 0.48% of the $1.4 billion portfolio of Hussman Economtrics Advisors.

Director Richard M. Daley bought 1,500 shares of KO stock on 02/27/2014 at the average price of $38.06. Richard M. Daley owns at least 5,500 shares after this. The price of the stock has decreased by 0.08% since.