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Weekly CEO Buys Highlight: BH, OPK, ARCP, RSE, AKBA

April 01, 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:

Biglari Holdings Inc. (NYSE:BH): Chairman and CEO, 10% Owner Sardar Biglari, Bought 6,076 Shares

Chairman and CEO, 10% Owner of Biglari Holdings Inc. (NYSE:BH) Sardar Biglari, bought 6,076 shares on 03/26/2014 at an average price of $483.47. Biglari Holdings Inc. is an Indiana corporation. It is a diversified holding company engaged in a number of diverse business activities. Biglari Holdings Inc. has a market cap of $831.998 million; its shares were traded at around $483.47 with a P/E ratio of 4.50 and P/S ratio of 0.93. Biglari Holdings Inc. had an annual average earnings growth of 7.30% over the past 10 years.

Biglari recently reported its first quarter fiscal 2014 financial results. The company announced pre-tax operating earnings of $2.85 million during the 12 weeks ended Dec. 18, 2013, compared to $7.91 million during the first fiscal quarter of 2013.

Mario Gabelli (Trades, Portfolio) owns 100,594 shares as of 12/31/2013, which accounts for 0.27% of the $18.65 billion portfolio of GAMCO Investors. Chairman and CEO, 10% Owner Sardar Biglari, bought 6,076 shares of BH stock on 03/26/2014 at the average price of 496.66. Sardar Biglari, owns at least 275,739 shares after this. The price of the stock has decreased by 2.66% since.

Opko Health Inc. (NYSE:OPK): CEO & Chairman, 10% Owner Phillip Frost  Md Et Al Bought 147,900 Shares

CEO & Chairman, 10% Owner of Opko Health Inc. (NYSE:OPK) Phillip Frost Md Et Al bought 147,900 shares during the past week at an average price of $8.96. 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 $3.7 billion; its shares were traded at around $8.96 with and P/S ratio of 32.00. Opko Health Inc. had an annual average earnings growth of 4.40% over the past 10 years.

Opko recently reported its fourth quarter and full year 2013 financial results. For the fourth quarter of 2013, consolidated revenues increased about 30% to $20.7 million from $16.2 million in the prior year period. For the year ended Dec. 31, 2013, consolidated revenues more than doubled to $96.5 million from $47.0 million in the prior year.

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 10.07% since.

American Realty Capital Properties Inc. (NASDAQ:ARCP): Chairman of the Board of Directors and CEO Nicholas S. Schorsch Bought 50,000 Shares

Chairman of the Board of Directors and CEO of American Realty Capital Properties Inc. (NASDAQ:ARCP) Nicholas S. Schorsch bought 50,000 shares on 03/27/2014 at an average price of $13.94. American Realty Capital Properties Inc. owns and acquires single tenant freestanding commercial real estate that is net leased on a medium-term basis primarily to investment grade credit rated and other credit worthy tenants. American Realty Capital Properties Inc. has a market cap of $10.68 billion; its shares were traded at around $13.94 with and P/S ratio of 10.33. The dividend yield of American Realty Capital Properties Inc. stocks is 6.66%.

EVP, Treasurer, Secretary and CFO Brian S. Block bought 20,000 shares of ARCP stock on 03/27/2014 at the average price of $13.8. Brian S. Block owns at least 9,159 shares after this. The price of the stock has increased by 1.01% since.

Rouse Properties Inc. (NYSE:RSE): President and CEO Andrew Silberfein Bought 15,000 Shares

President and CEO of Rouse Properties Inc. (NYSE:RSE) Andrew Silberfein bought 15,000 shares on 03/26/2014 at an average price of $16.98. Rouse Properties Inc. is a Delaware corporation organized in August 2011. Rouse Properties Inc. has a market cap of $980.434 million; its shares were traded at around $16.98 with and P/S ratio of 3.42. The dividend yield of Rouse Properties Inc. stocks is 3.06%.

RSE recently reported its fourth quarter 2013 financial results. Core FFO was $23.1 million, or $0.46 per diluted share, as compared to $18.7 million, or $0.38 per diluted share in the prior year period, a 21% increase over the prior year.

COO Benjamin Schall bought 3,061 shares of RSE stock on 03/26/2014 at the average price of $16.35. Benjamin Schall owns at least 162,677 shares after this. The price of the stock has increased by 3.85% since.

Akebia Therapeutics Inc. (NASDAQ:AKBA): President and CEO John P. Butler Bought 13,850 Shares

President and CEO of Akebia Therapeutics Inc. (NASDAQ:AKBA) John P. Butler bought 13,850 shares on 03/25/2014 at an average price of $20.00. Akebia Therapeutics Inc. has a market cap of $385.361 million; its shares were traded at around $20.00 .

SVP, CFO and Treasurer Jason Amello bought 4,000 shares of AKBA stock on 03/25/2014 at the average price of $17. Jason Amello owns at least 4,000 shares after this. The price of the stock has increased by 17.65% 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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