Weekly CEO Buys Highlight: OPK, CLMS, GFF, TCB, SFNC

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May 12, 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:

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 $14.30. 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 $6.56 billion; its shares were traded at around $14.30 with and P/S ratio of 65.00. Opko Health Inc had an annual average earnings growth of 9.00% over the past 10 years.

Opko Health recently reported its first-quarter 2014 financial results. Consolidated revenues increased to $30.1 million during the three months ended March 31, 2015 from $22.3 million in the comparable period of 2014. Revenue for the three months ended March 31, 2015 included $12.5 million of revenue resulting from OPKO's collaboration agreement with Pfizer.

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 $19.06 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 decreased by 2.32% since.

Calamos Asset Management Inc: Chairman, CEO, Global Co-CIO, 10% owner John P Sr Calamos bought 34,715 shares

Chairman, CEO, Global Co-CIO, 10% owner of Calamos Asset Management Inc (CLMS, Financial) John P Sr Calamos bought 34,715 shares during the past week at an average price of $12.28. Calamos Asset Management Inc is a Delaware corporation, incorporated on July 23, 2004. Calamos Asset Management Inc has a market cap of $252.200 million; its shares were traded at around $12.28 with a P/E ratio of 17.10 and P/S ratio of 0.90. The dividend yield of Calamos Asset Management Inc stocks is 4.70%.

CLMS recently reported its first quarter 2014 financial results. Non-GAAP diluted earnings per share was $0.17 for the first quarter compared with $0.19 in the previous quarter and $0.20 in the first quarter of 2014.1 Non-GAAP net income attributable to Calamos Asset Management, Inc. was $3.1 million for the quarter compared with $3.5 million last quarter and $3.9 million in the first quarter of 2014.

Mario Gabelli (Trades, Portfolio) owns 161,000 shares as of 12/31/2014, which accounts for 0.011% of the $19.06 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 9.51% since.

Griffon Corp: CEO Ronald J Kramer bought 20,000 shares

CEO of Griffon Corp (GFF, Financial) Ronald J Kramer bought 20,000 shares on 05/05/2015 at an average price of $15.90. Griffon Corp was incorporated in 1959 in Delaware. The company is a management and holding company that conducts business through wholly owned subsidiaries. Griffon Corp has a market cap of $811.600 million; its shares were traded at around $15.90 with a P/E ratio of 21.80 and P/S ratio of 0.40. The dividend yield of Griffon Corp stocks is 0.90%. Griffon Corp had an annual average earnings growth of 16.20% over the past 5 years.

Mario Gabelli (Trades, Portfolio) owns 6,760,075 shares as of 12/31/2014, which accounts for 0.47% of the $19.06 billion portfolio of GAMCO Investors. Richard Pzena (Trades, Portfolio) owns 1,912,533 shares as of 12/31/2014, which accounts for 0.14% of the $17.99 billion portfolio of Pzena Investment Management LLC.

10% Owner Investors, Inc. Et Al Gamco sold 0 shares of GFF stock on 11/13/2014 at the average price of 0. Investors, Inc. Et Al Gamco owns at least 19,019 shares after this.

TCF Financial Corp: Chairman and CEO William Allen Cooper bought 10,940 shares

Chairman and CEO of TCF Financial Corp (TCB, Financial) William Allen Cooper bought 10,940 shares on 05/08/2015 at an average price of $15.79. TCF Financial Corp is a national bank holding company based in Wayzata, Minnesota. TCF Financial Corp has a market cap of $2.67 billion; its shares were traded at around $15.79 with a P/E ratio of 17.40 and P/S ratio of 2.10. The dividend yield of TCF Financial Corp stocks is 1.30%.

Joel Greenblatt (Trades, Portfolio) owns 22,077 shares as of 12/31/2014, an increase of 29.26% from the previous quarter. This position accounts for 0.0028% of the $12.36 billion portfolio of Gotham Asset Management, LLC. David Dreman (Trades, Portfolio) owns 325,644 shares as of 12/31/2014, an increase of 13.54% from the previous quarter. This position accounts for 0.43% of the $1.22 billion portfolio of Dreman Value Management.

TCF recently reported net income of $39.8 million for the first quarter of 2015, compared with net income of $44.8 million for the first quarter of 2014, and net income of $24.0 million for the fourth quarter of 2014. Diluted earnings per common share was 21 cents for the first quarter of 2015, compared with 24 cents for the first quarter of 2014, and 12 cents for the fourth quarter of 2014.

Director Thomas A Cusick bought 5,770 shares of TCB stock on 02/03/2015 at the average price of 26.99. Thomas A Cusick owns at least 239,984 shares after this. The price of the stock has decreased by 41.5% since.

Simmons First National Corp: Chairman and CEO George Jr Makris bought 3,000 shares

Chairman and CEO of Simmons First National Corp (SFNC, Financial) George Jr Makris bought 3,000 shares on 05/07/2015 at an average price of $43.94. Simmons First National Corp is a multi-bank financial holding company. Simmons First National Corp has a market cap of $1.31 billion; its shares were traded at around $43.94 with a P/E ratio of 21.00 and P/S ratio of 3.20. The dividend yield of Simmons First National Corp stocks is 2.00%.

EVP and Regional Chairman James F Stobaugh sold 0 shares of SFNC stock on 12/18/2014 at the average price of 0. James F Stobaugh owns at least 3,000 shares after this.