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Weekly CEO Buys Highlight: NEP, OPK, EXXI, ISTR

July 07, 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:

NextEra Energy Partners LP (NEP): Chairman & CEO of GP James L Robo Bought 143,576 Shares

Chairman & CEO of GP of NextEra Energy Partners LP (NEP) James L Robo bought 143,576 shares on 07/01/2014 at an average price of $34.61. Nextera Energy Partners Lp has a market cap of $3.22 billion; its shares were traded at around $34.61 with and P/S ratio of 19.10.

NEP recently reported 2014 first-quarter net income on a GAAP basis of $430 million, or $0.98 per share, compared with $272 million, or $0.64 per share, in the first quarter of 2013.

CFO of GP Moray P Dewhurst bought 25,000 shares of NEP stock on 07/01/2014 at the average price of 25. Moray P Dewhurst owns at least 25,000 shares after this. The price of the stock has increased by 38.44% since.

Opko Health Inc (OPK): CEO & Chairman, 10% Owner Phillip Md Et Al Frost Bought 63,000 Shares

CEO & Chairman, 10% Owner of Opko Health Inc (OPK) Phillip Md Et Al Frost bought 63,000 shares during the past week at an average price of $8.95. 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 $8.95 with and P/S ratio of 38.91. Opko Health Inc had an annual average earnings growth of 4.40% over the past 10 years.

Opko recently reported its first quarter 2014 financial results. Net loss attributable to common shareholders increased to $45.1 million for the three months ended March 31, 2014 compared to $34.6 million in the comparable period of 2013.

George Soros (Trades, Portfolio) owns 1,494,800 shares as of 03/31/2014, an increase of 76.98% from the previous quarter. This position accounts for 0.14% of the $10.12 billion portfolio of Soros Fund Management LLC. Mario Gabelli (Trades, Portfolio) owns 15,000 shares as of 03/31/2014, which accounts for 0.0008% of the $18.53 billion portfolio of GAMCO Investors.

Vice Chairman & CTO Jane Ph D Hsiao 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 11.46% since

Energy XXI (Bermuda) Ltd (EXXI): Chairman and CEO John D Jr Schiller Bought 1,058 Shares

Chairman and CEO of Energy XXI (Bermuda) Ltd (EXXI) John D Jr Schiller bought 1,058 shares on 06/30/2014 at an average price of $23.19. Energy XXI (Bermuda) Ltd was incorporated in Bermuda on July 25, 2005. Energy Xxi (bermuda) Ltd has a market cap of $1.63 billion; its shares were traded at around $23.19 with a P/E ratio of 17.00 and P/S ratio of 1.48. The dividend yield of Energy Xxi (bermuda) Ltd stocks is 2.10%.

David Dreman (Trades, Portfolio) owns 212,380 shares as of 03/31/2014, an increase of 41.51% from the previous quarter. This position accounts for 0.39% of the $1.29 billion portfolio of Dreman Value Management. Jean-Marie Eveillard (Trades, Portfolio) owns 13,690 shares as of 03/31/2014, which accounts for 0.0009% of the $37.72 billion portfolio of First Eagle Investment Management, LLC. Leon Cooperman (Trades, Portfolio) owns 1,400,383 shares as of 03/31/2014, which accounts for 0.44% of the $7.54 billion portfolio of Omega Advisors.

CFO David West Griffin bought 1,058 shares of EXXI stock on 06/30/2014 at the average price of 20.09. David West Griffin owns at least 261,764 shares after this. The price of the stock has increased by 15.43% since.

Investar Holding Corp (ISTR): CEO John J D'angelo Bought 1,071 Shares

CEO of Investar Holding Corp (ISTR) John J D'angelo bought 1,071 shares on 06/30/2014 at an average price of $14.05. Investar Holding Corp has a market cap of $95.800 million; its shares were traded at around $14.05 with a P/E ratio of 17.30 and P/S ratio of 2.20.

Director Thomas C Besselman Sr bought 5,000 shares of ISTR stock on 07/01/2014 at the average price of 14.43. Thomas C Besselman Sr owns at least 87,376 shares after this. The price of the stock has decreased by 2.63% since.

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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