Weekly CEO Buys Highlight: CLMS, OPK, ROVI, LPG, GAM

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Jul 13, 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:

Calamos Asset Management Inc: Chairman, CEO, global co-CIO, 10% owner John P Calamos Sr bought 101,646 shares

Chairman, CEO, global co-CIO, 10% owner of Calamos Asset Management Inc (CLMS, Financial) John P Sr Calamos Sr bought 101,646 shares during the past week at an average price of $12.04. Calamos Asset Management Inc is a Delaware corporation, incorporated on July 23, 2004. Calamos Asset Management Inc has a market cap of $247.189 million; its shares were traded at around $12.04 with a P/E ratio of 19.50 and P/S ratio of 0.92. The dividend yield of Calamos Asset Management Inc stocks is 4.98%.

CLMS recently reported its first quarter 2015 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 & CFO Nimish S Bhatt bought 570 shares of CLMS stock on 05/29/2015 at the average price of 12.23. Nimish S Bhatt owns at least 56,578 shares after this. The price of the stock has decreased by 1.55% since.

Opko Health Inc (OPK, Financial): CEO and chairman, 10% owner Phillip Frost MD et al bought 16,200 shares

CEO and chairman, 10% Owner of Opko Health Inc (OPK, Financial) Phillip Md Et Al Frost MD et al bought 16,200 shares during the past week at an average price of $16.55. 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 $7.59 billion; its shares were traded at around $16.55 with and P/S ratio of 68.96. Opko Health Inc had an annual average earnings growth of 9.00% over the past 10 years.

Opko recently reported its first-quarter 2015 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. Net loss for the three months ended March 31, 2015 included increased operating expenses including a $4.5 million increase in research and development expense to $25.5 million.

George Soros (Trades, Portfolio) owns 235,600 shares as of 12/31/2014, which accounts for 0.026% of the $8.98 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 increased by 13.05% since.

Rovi Corp: President & CEO Tom Carson Bought 10,000 Shares

President & CEO of Rovi Corp (ROVI, Financial) Tom Carson bought 10,000 shares on 07/06/2015 at an average price of $16.61. Rovi Corp, a Delaware corporation was formed in 2007. Rovi Corp has a market cap of $1.47 billion; its shares were traded at around $16.61 with and P/S ratio of 2.81. Rovi Corp had an annual average earnings growth of 6.20% over the past 10 years. GuruFocus rated Rovi Corp the business predictability rank of 2-star.

Joel Greenblatt (Trades, Portfolio) owns 948,088 shares as of 12/31/2014, an increase of 18.2% from the previous quarter. This position accounts for 0.17% of the $13.11 billion portfolio of Gotham Asset Management, LLC. First Eagle Investment (Trades, Portfolio) owns 184 shares as of 12/31/2014, which accounts for less than 0.01% of the $41.98 billion portfolio of First Eagle Investment (Trades, Portfolio) Management, LLC. David Dreman (Trades, Portfolio) owns 2,606 shares as of 12/31/2014, which accounts for 0.0049% of the $1.16 billion portfolio of Dreman Value Management.

CFO Peter Halt sold 3,284 shares of ROVI stock on 07/02/2015 at the average price of 15.92. Peter Halt owns at least 146,104 shares after this. The price of the stock has increased by 4.33% since.

Dorian LPG Ltd: CEO John C Hadjipateras bought 10,000 shares

CEO of Dorian LPG Ltd (LPG, Financial) John C Hadjipateras bought 10,000 shares on 07/08/2015 at an average price of $16.22. Dorian LPG Ltd is an international LPG shipping company incorporated in the Marshall Islands on July 1, 2013 and headquartered in the United States. Dorian Lpg Ltd has a market cap of $941.693 million; its shares were traded at around $16.22 with a P/E ratio of 35.60 and P/S ratio of 8.77.

10% Owner Holdings Inc /new/ Seacor sold 150,000 shares of LPG stock on 06/26/2015 at the average price of 15.34. Holdings Inc /new/ Seacor owns at least 9,177,135 shares after this. The price of the stock has increased by 5.74% since.

General American Investors Co. Inc.: President and CEO Jeffrey W Priest bought 2,500 shares

President and CEO of General American Investors Co. Inc. (GAM, Financial) Jeffrey W Priest bought 2,500 shares on 07/07/2015 at an average price of $34.47. General American Investors Co. Inc. has a market cap of $959.930 million; its shares were traded at around $34.47 .

VP Administration/CCO/PFO Eugene S Stark bought 440 shares of GAM stock on 07/02/2015 at the average price of 34.72. Eugene S Stark owns at least 34,993 shares after this. The price of the stock has decreased by 0.72% since.