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Weekly CEO Buys Highlight: OPK, PAYC, CLMS, WINA, HBAN

April 28, 2014 | About:

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:

Opko Health Inc. (OPK): CEO & Chairman, 10% Owner Phillip Frost Md Et Al Bought 238,200 Shares

CEO and Chairman, 10% Owner of Opko Health Inc. (OPK) Phillip Frost Md Et Al bought 238,200 shares during the past week at an average price of $8.05. 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 $3.32 billion; its shares were traded at around $8.05 with and P/S ratio of 28.75. 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 04/15/2014 at the average price of $8.03. Jane Ph.D. Hsiao owns at least 36,828,758 shares after this. The price of the stock has increased by 0.25% since.

Paycom Software Inc. (PAYC): President and CEO, 10% Owner Chad R. Richison Bought 52,600 Shares

President and CEO, 10% Owner of Paycom Software Inc (PAYC) Chad R. Richison bought 52,600 shares on 04/21/2014 at an average price of $15.30. Paycom Software Inc has a market cap of $777.409 million; its shares were traded at around $15.30 with a P/E ratio of 765.00 and P/S ratio of 6.88.

CFO Craig E. Boelte bought 5,000 shares of PAYC stock on 04/21/2014 at the average price of $15. Craig E. Boelte owns at least 550,769 shares after this. The price of the stock has increased by 2% since.

Calamos Asset Management Inc. (CLMS): Chairman, CEO and Global Co-CIO, 10% Owner John P. Calamos Sr. Bought 48,570 Shares

Chairman, CEO and Global Co-CIO, 10% Owner of Calamos Asset Management Inc. (CLMS) John P. Calamos Sr. bought 48,570 shares on 04/25/2014 at an average price of $12.47. 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 $257.584 million; its shares were traded at around $12.47 with a P/E ratio of 13.40 and P/S ratio of 0.94. The dividend yield of Calamos Asset Management Inc. stocks is 4.01%.

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 8.91% since.

Winmark Corp (WINA): Chairman and CEO, 10% Owner John L. Morgan Bought 1,500 Shares

Chairman and CEO, 10% Owner of Winmark Corp (WINA) John L. Morgan bought 1,500 shares on 04/21/2014 at an average price of $75.47. Winmark Corporation was incorporated in Minnesota in 1988. Winmark Corp has a market cap of $386.516 million; its shares were traded at around $75.47 with a P/E ratio of 21.20 and P/S ratio of 6.96. The dividend yield of Winmark Corp stocks is 0.27%. Winmark Corp had an annual average earnings growth of 27.0% over the past 10 years. GuruFocus rated Winmark Corp the business predictability rank of 2-star.

Winmark recently announced net income for the quarter ended March 29, 2014 of $4,551,900 (or $.86 per share diluted) compared to net income of $4,057,500 (or $.78 per share diluted) in the first quarter of 2013.

Mario Gabelli (Trades, Portfolio) bought 2,500 shares in the quarter that ended on 12/31/2013, which is 0.0012% of the $18.65 billion portfolio of GAMCO Investors.

VP of Human Resources Leah A. Goff sold 2,900 shares of WINA stock on 03/17/2014 at the average price of $77.52. Leah A. Goff owns at least 5,650 shares after this. The price of the stock has decreased by 2.64% since.

Huntington Bancshares Inc. (HBAN): President, CEO and Chairman Stephen D. Steinour Bought 10,750 Shares

President, CEO and Chairman of Huntington Bancshares Inc. (HBAN) Stephen D. Steinour bought 10,750 shares on 04/24/2014 at an average price of $9.17. Huntington Bancshares Inc. was organized under Maryland law in 1966 and headquartered in Columbus, Ohio. Huntington Bancshares Inc. has a market cap of $7.62 billion; its shares were traded at around $9.17 with a P/E ratio of 12.80 and P/S ratio of 2.87. The dividend yield of Huntington Bancshares Inc. stocks is 2.18%.

David Dreman (Trades, Portfolio) bought 7,001 shares in the quarter that ended on 12/31/2013, which is 0.0051% of the $1.32 billion portfolio of Dreman Value Management. Joel Greenblatt (Trades, Portfolio) owns 41,730 shares as of 12/31/2013, which accounts for 0.0096% of the $4.2 billion portfolio of Gotham Asset Management LLC.

Director David L. Porteous bought 2,760 shares of HBAN stock on 04/24/2014 at the average price of $9.4. David L. Porteous owns at least 706,728 shares after this. The price of the stock has decreased by 2.45% since.

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

About the author:

GuruFocus
Mariusz Skonieczny is the founder and president of Classic Value Investors, LLC, an investment management firms that builds and manages customized investment portfolios for its clients. He is the author of Why Are we So Clueless about the Stock Market? Learn How to Invest Your Money, How to Pick Stocks, and How to Make Money in the Stock Market. Email: mskonieczny [at] classicvalueinvestors [dot] com. Webpage: www.classicvalueinvestors.com

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