Weekly CEO Buys Highlight: NRZ, BH, OPK, DRI, CLMS

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Apr 17, 2015

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:

New Residential Investment Corp: CEO and President Michael Nierenberg bought 250,000 shares

CEO and President of New Residential Investment Corp (NRZ, Financial) Michael Nierenberg bought 250,000 shares on 04/13/2015 at an average price of $16.56. New Residential Investment Corp, was formed as a wholly owned subsidiary of Newcastle Investment Corp. New Residential Investment Corp has a market cap of $2.34 billion; its shares were traded at around $16.56 with a P/E ratio of 6.60 and P/S ratio of 4.00. The dividend yield of New Residential Investment Corp stocks is 8.80%.

NRZ recently reported its fourth quarter and full year 2014 financial results. The company announced GAAP income of $54 million, or $0.38 per diluted share. For the full year of 2014, GAAP income was $353 million, or $2.53 per diluted share.

David Dreman (Trades, Portfolio) owns 681,054 shares as of 12/31/2014, which accounts for 0.72% of the $1.22 billion portfolio of Dreman Value Management. NWQ Managers (Trades, Portfolio) owns 502,336 shares as of 12/31/2014, which accounts for 0.077% of the $8.33 billion portfolio of NWQ Investment Management Co. Leon Cooperman (Trades, Portfolio) owns 5,722,681 shares as of 12/31/2014, which accounts for 1.2% of the $6 billion portfolio of Omega Advisors.

Biglari Holdings Inc: Chairman and CEO, 10% Owner Sardar Biglari bought 4,908 shares

Chairman and CEO, 10% Owner of Biglari Holdings Inc (BH, Financial) Sardar Biglari bought 4,908 shares on 04/14/2015 at an average price of $414.00. 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 $855.200 million; its shares were traded at around $414.00 with a P/E ratio of 63.60 and P/S ratio of 1.10. Biglari Holdings Inc had an annual average earnings growth of 6.20% over the past 10 years.

Mario Gabelli (Trades, Portfolio) owns 136,401 shares as of 12/31/2014, an increase of 15.65% from the previous quarter. This position accounts for 0.28% of the $19.2 billion portfolio of GAMCO Investors.

Director William L Johnson bought 25 shares of BH stock on 03/18/2015 at the average price of 421.02. William L Johnson owns at least 385 shares after this. The price of the stock has decreased by 1.67% since.

Opko Health Inc: CEO and Chairman, 10% Owner Phillip Md Et Al Frost bought 46,800 shares

CEO and Chairman, 10% Owner of Opko Health Inc (OPK, Financial) Phillip Md Et Al Frost bought 46,800 shares during the past week at an average price of $14.75. 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 $6.66 billion; its shares were traded at around $14.75 with and P/S ratio of 68.30. Opko Health Inc had an annual average earnings growth of 9.00% over the past 10 years.

George Soros (Trades, Portfolio) owns 235,600 shares as of 12/31/2014, which accounts for 0.026% of the $9.16 billion portfolio of Soros Fund Management LLC. Mario Gabelli (Trades, Portfolio) owns 11,000 shares as of 12/31/2014, which accounts for 0.0006% of the $19.2 billion portfolio of GAMCO Investors.

Sr. Vice President, CFO Adam Logal sold 41,488 shares of OPK stock on 03/13/2015 at the average price of 14.64. Adam Logal owns at least 44,789 shares after this. The price of the stock has increased by 0.75% since.

Darden Restaurants Inc: CEO Eugene I Jr Lee bought 7,600 shares

CEO of Darden Restaurants Inc (DRI, Financial) Eugene I Jr Lee bought 7,600 shares on 04/07/2015 at an average price of $67.90. Darden Restaurants Inc is a Florida corporation incorporated in March 1995, and is the parent company of GMRI, Inc. Darden Restaurants Inc has a market cap of $8.54 billion; its shares were traded at around $67.90 with a P/E ratio of 13.00 and P/S ratio of 1.40. The dividend yield of Darden Restaurants Inc stocks is 3.20%. Darden Restaurants Inc had an annual average earnings growth of 4.40% over the past 10 years.

DRI recently reported its financial results for the third quarter ended February 22, 2015. Adjusted EPS per diluted share increased 39% to $0.9. Total sales from continuing operations in the third quarter increased 6.9% to $1.73 billion.

David Dreman (Trades, Portfolio) owns 2,105 shares as of 12/31/2014, which accounts for 0.01% of the $1.22 billion portfolio of Dreman Value Management.

CFO, SVP C Bradford Richmond sold 66,863 shares of DRI stock on 03/24/2015 at the average price of 69.69. C Bradford Richmond owns at least 22,731 shares after this. The price of the stock has decreased by 2.57% since.

Calamos Asset Management Inc: Chairman, CEO, Global Co-CIO John P Sr Calamos bought 24,897 shares

Chairman, CEO, Global Co-CIO of Calamos Asset Management Inc (CLMS, Financial) John P Sr Calamos bought 24,897 shares on 04/14/2015 at an average price of $12.36. Calamos Asset Management Inc is a Delaware corporation, incorporated on July 23, 2004. Calamos Asset Management Inc has a market cap of $253.800 million; its shares were traded at around $12.36 with a P/E ratio of 17.20 and P/S ratio of 0.90. The dividend yield of Calamos Asset Management Inc stocks is 4.60%.

CLMS recently reported its fourth quarter and full year 2014 financial results. Non-GAAP diluted earnings per share was $0.19 for the fourth quarter compared with $0.23 in the previous quarter and $0.25 in the fourth quarter of 2013.1 Non-GAAP net income attributable to Calamos Asset Management, Inc. was $3.5 million for the quarter compared with $4.3 million last quarter and $5.0 million in the fourth quarter of 2013.

Mario Gabelli (Trades, Portfolio) owns 161,000 shares as of 12/31/2014, which accounts for 0.011% of the $19.2 billion portfolio of GAMCO Investors.

SVP and CFO Nimish S Bhatt bought 428 shares of CLMS stock on 02/24/2015 at the average price of 13.57. Nimish S Bhatt owns at least 97,556 shares after this. The price of the stock has decreased by 8.92% since.

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