Weekly CEO Buys Highlight: LTRPA, ENH, BH, OPK, CPTA

Author's Avatar
Dec 28, 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:

Liberty TripAdvisor Holdings Inc (LTRPA, Financial): President/CEO, 10% Owner Gregory B Maffei Bought 1,845,909 Shares

President/CEO, 10% Owner of Liberty TripAdvisor Holdings Inc (LTRPA, Financial) Gregory B Maffei bought 1,845,909 shares on 12/22/2014 at an average price of $27.44. Liberty TripAdvisor Holdings Inc, through its subsidiaries is an online travel company, empowering users to plan and have the perfect trip. Liberty Tripadvisor Holdings Inc has a market cap of $2.02 billion; its shares were traded at around $27.44 with and P/S ratio of 1.61.

Liberty TripAdvisor Holdings Inc. recently reported its financial results for the third quarter of 2014. The company announced total revenues of $354 million, up 39% year-over-year. Adjusted EBITDA was $119 million, or 34% of revenue, up 14% year-over-year. Net income was $54 million, or $0.37 per diluted share, down 4% year-over-year.

Mario Cibelli (Trades, Portfolio) bought 64,000 shares in the quarter that ended on 09/30/2014, which is 0.82% of the $263 million portfolio of Marathon Capital Management. Wallace Weitz (Trades, Portfolio) bought 430,000 shares in the quarter that ended on 09/30/2014, which is 0.43% of the $3.4 billion portfolio of Weitz Investment Management Inc. Chris Davis (Trades, Portfolio) bought 1,149,876 shares in the quarter that ended on 09/30/2014, which is 0.12% of the $32.19 billion portfolio of Davis Selected Advisers.

Endurance Specialty Holdings Ltd (ENH, Financial): Chmn & CEO John Charman Bought 206,662 Shares

Chmn & CEO of Endurance Specialty Holdings Ltd (ENH, Financial) John Charman bought 206,662 shares during the past week at an average price of $60.00. Endurance Specialty Holdings Ltd was organized on June 27, 2002 under the laws of Bermuda to act as a holding company of providers of property and casualty insurance and reinsurance. Endurance Specialty Holdings Ltd has a market cap of $2.69 billion; its shares were traded at around $60.00 with a P/E ratio of 8.50 and P/S ratio of 1.26. The dividend yield of Endurance Specialty Holdings Ltd stocks is 2.27%.

Endurance Specialty Holdings recently reported net income available to common shareholders of $68.0 million and $1.52 per diluted common share for the third quarter of 2014 versus net income of $75.2 million and $1.70 per diluted common share for the third quarter of 2013.

Richard Pzena (Trades, Portfolio) owns 536,224 shares as of 09/30/2014, an increase of 26.9% from the previous quarter. This position accounts for 0.16% of the $18.29 billion portfolio of Pzena Investment Management LLC. NWQ Managers (Trades, Portfolio) sold out his holdings in the quarter that ended on 09/30/2014.

Director John Thomas Baily bought 41 shares of ENH stock on 09/30/2014 at the average price of 55.33. John Thomas Baily owns at least 4,000 shares after this. The price of the stock has increased by 8.44% since.

Biglari Holdings Inc (BH, Financial): Chairman and CEO, 10% Owner Sardar Biglari, Bought 5,249 Shares

Chairman and CEO, 10% Owner of Biglari Holdings Inc (BH, Financial) Sardar Biglari, bought 5,249 shares on 12/22/2014 at an average price of $389.97. 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 $805.517 million; its shares were traded at around $389.97 with a P/E ratio of 23.10 and P/S ratio of 0.83. Biglari Holdings Inc had an annual average earnings growth of 9.20% over the past 10 years.

Mario Gabelli (Trades, Portfolio) owns 117,943 shares as of 09/30/2014, an increase of 18.42% from the previous quarter. This position accounts for 0.22% of the $18.59 billion portfolio of GAMCO Investors.

Director Kenneth R Cooper bought 14 shares of BH stock on 12/15/2014 at the average price of 360.34. Kenneth R Cooper owns at least 313 shares after this. The price of the stock has increased by 8.22% since.

Opko Health Inc (OPK, Financial): CEO & Chairman, 10% Owner Phillip Md Et Al Frost Bought 50,000 Shares

CEO & Chairman, 10% Owner of Opko Health Inc (OPK, Financial) Phillip Md Et Al Frost bought 50,000 shares during the past week at an average price of $9.65. 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 $4.19 billion; its shares were traded at around $9.65 with and P/S ratio of 46.57. Opko Health Inc had an annual average earnings growth of 4.40% over the past 10 years.

Opko Health recently reported its third quarter 2014 financial results. The company announced that net loss for the three months ended September 30, 2014 was $48.7 million, compared to $60.0 million in the comparable period of 2013. Pharmaceutical product revenue for the three months ended September 30, 2014 increased to $17.3 million compared to $16.6 million for the 2013 period.

George Soros (Trades, Portfolio) owns 235,600 shares as of 09/30/2014, which accounts for 0.015% of the $13.4 billion portfolio of Soros Fund Management LLC. Mario Gabelli (Trades, Portfolio) owns 11,000 shares as of 09/30/2014, a decrease of 26.67% of from the previous quarter. This position accounts for 0.0005% of the $18.59 billion portfolio of GAMCO Investors.

Capitala Finance Corp (CPTA, Financial): Chairman BoD, CEO, President Joseph B Alala Iii Bought 8,751 Shares

Chairman BoD, CEO, President of Capitala Finance Corp (CPTA, Financial) Joseph B Alala Iii bought 8,751 shares on 12/22/2014 at an average price of $18.06. Capitala Finance Corp has a market cap of $234.318 million; its shares were traded at around $18.06 with a P/E ratio of 16.20 and P/S ratio of 4.85. The dividend yield of Capitala Finance Corp stocks is 10.41%.

CPTA recently reported its third quarter 2014 financial results. Net investment income for the third quarter of 2014 was $3.5 million, compared to $5.4 million for the same period in 2013. The decrease in net investment income relates primarily to a $4.2 million increase in operating expenses, partially offset by a $2.4 million increase in total investment income.

CFO Stephen A. Arnall bought 500 shares of CPTA stock on 12/19/2014 at the average price of 18.79. Stephen A. Arnall owns at least 4,850 shares after this. The price of the stock has decreased by 3.89% since.