Weekly CEO Buys Highlight: ATI, GPC, RHP, WPX, SXC

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Jul 26, 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:

Allegheny Technologies Inc (ATI, Financial): Chairman, President and CEO Richard J Harshman Bought 20,000 Shares

Chairman, President and CEO of Allegheny Technologies Inc (ATI, Financial) Richard J Harshman bought 20,000 shares on 07/23/2015 at an average price of $21.39. Allegheny Technologies Inc is a Delaware corporation founded in 1901. Allegheny Technologies Inc has a market cap of $2.34 billion; its shares were traded at around $21.39 with a P/E ratio of 83.54 and P/S ratio of 0.53. The dividend yield of Allegheny Technologies Inc stocks is 3.37%.

ATI recently reported second quarter 2015 sales of $1.02 billion and a net loss attributable to ATI of $16.4 million, or $(0.15) per share. Results for the second quarter 2014 were sales of $1.12 billion and a net loss from continuing operations attributable to ATI of $3.8 million, or $(0.03) per share.

Chris Davis (Trades, Portfolio) owns 355,231 shares as of 12/31/2014, an increase of 18.44% from the previous quarter. This position accounts for 0.04% of the $29.29 billion portfolio of Davis Selected Advisers.

Senior VP, Finance and CFO Patrick J Decourcy bought 2,350 shares of ATI stock on 07/23/2015 at the average price of 21.3. Patrick J Decourcy owns at least 67,484 shares after this. The price of the stock has increased by 0.42% since.

Genuine Parts Co (GPC, Financial): CEO Thomas Gallagher Bought 4,000 Shares

CEO of Genuine Parts Co (GPC, Financial) Thomas Gallagher bought 4,000 shares on 07/22/2015 at an average price of $86.88. Genuine Parts Co is a Georgia corporation incorporated on May 7, 1928. Genuine Parts Co has a market cap of $13.22 billion; its shares were traded at around $86.88 with a P/E ratio of 18.71 and P/S ratio of 0.87. The dividend yield of Genuine Parts Co stocks is 2.74%. Genuine Parts Co had an annual average earnings growth of 6.90% over the past 10 years. GuruFocus rated Genuine Parts Co the business predictability rank of 3.5-star.

Genuine Parts Co. recently reported its second quarter 2015 financial results. Sales for the second quarter ended June 30, 2015, increased 1% to $3.94 billion compared to sales of $3.91 billion for the same period in 2014. Net income for the second quarter was $195.4 million compared to $197.7 million recorded for the same period in the previous year. Earnings per share on a diluted basis were $1.28, equal to the earnings per share for the second quarter last year.

Ken Fisher (Trades, Portfolio) bought 2,337 shares in the quarter that ended on 12/31/2014, which is 0.0005% of the $49.93 billion portfolio of Fisher Asset Management, LLC. Brian Rogers (Trades, Portfolio) owns 1,956,000 shares as of 12/31/2014, which accounts for 0.75% of the $26.11 billion portfolio of T Rowe Price Equity Income Fund.

CEO Thomas Gallagher bought 4,000 shares of GPC stock on 07/22/2015 at the average price of 87.71. Thomas Gallagher owns at least 544,651 shares after this. The price of the stock has decreased by 0.95% since.

Ryman Hospitality Properties Inc (RHP, Financial): Chairman & CEO Colin V Reed Bought 5,669 Shares

Chairman & CEO of Ryman Hospitality Properties Inc (RHP, Financial) Colin V Reed bought 5,669 shares on 07/16/2015 at an average price of $55.61. Ryman Hospitality Properties Inc, is a self-advised and self-administered Delaware Corporation incorporated in 1956. Ryman Hospitality Properties Inc has a market cap of $2.85 billion; its shares were traded at around $55.61 with a P/E ratio of 28.72 and P/S ratio of 2.80. The dividend yield of Ryman Hospitality Properties Inc stocks is 4.32%. Ryman Hospitality Properties Inc had an annual average earnings growth of 2.20% over the past 10 years.

Mario Gabelli (Trades, Portfolio) owns 5,033,214 shares as of 12/31/2014, which accounts for 1.4% of the $19.06 billion portfolio of GAMCO Investors. Ken Heebner (Trades, Portfolio) owns 1,280,100 shares as of 12/31/2014, which accounts for 1.9% of the $3.66 billion portfolio of Capital Growth Management LP. John Keeley (Trades, Portfolio) owns 1,338,768 shares as of 12/31/2014, which accounts for 1.4% of the $4.91 billion portfolio of Keeley Asset Management Corp.

Director Michael D Rose bought 1,633 shares of RHP stock on 05/15/2015 at the average price of 55.95. Michael D Rose owns at least 104,394 shares after this. The price of the stock has decreased by 0.61% since.

Wpx Energy Inc (WPX, Financial): President and CEO Richard E Muncrief Bought 30,000 Shares

President and CEO of Wpx Energy Inc (WPX, Financial) Richard E Muncrief bought 30,000 shares on 07/16/2015 at an average price of $8.33. WPX Energy Inc is a Delaware Corporation formed in 2011 to effect the separation from The Williams Companies, Inc. Wpx Energy Inc has a market cap of $1.71 billion; its shares were traded at around $8.33 with a P/E ratio of 8.63 and P/S ratio of 0.54.

Arnold Schneider (Trades, Portfolio) bought 1,663,299 shares in the quarter that ended on 12/31/2014, which is 2.3% of the $790 million portfolio of Schneider Capital Management. Donald Smith (Trades, Portfolio) owns 10,694,082 shares as of 12/31/2014, which accounts for 2.5% of the $4.67 billion portfolio of Donald Smith (Trades, Portfolio) & Co..

Director William G Lowrie bought 11,881 shares of WPX stock on 07/16/2015 at the average price of 10.1. William G Lowrie owns at least 194,320 shares after this. The price of the stock has decreased by 17.52% since.

SunCoke Energy Inc (SXC, Financial): Chairman & CEO Frederick A. Henderson Bought 10,650 Shares

Chairman & CEO of SunCoke Energy Inc (SXC, Financial) Frederick A. Henderson bought 10,650 shares during the past week at an average price of $12.02. SunCoke Energy, Inc. was incorporated in the state of Delaware on December 2010. Suncoke Energy Inc has a market cap of $784.071 million; its shares were traded at around $12.02 with and P/S ratio of 0.57. The dividend yield of Suncoke Energy Inc stocks is 1.60%.

SunCoke Energy recently reported a second quarter 2015 loss attributable to shareholders of $13.5 million, or $0.21 per share, reflecting pension termination charges of $0.17 per share and lower cost recovery at our Indiana Harbor facility. The second quarter 2014 net loss attributable to shareholders was $49.2 million, or $0.71 per share, including a Coal Mining impairment of $51.0 million, net of tax, or $0.74 per share.

Ron Baron (Trades, Portfolio) owns 1,035,817 shares as of 12/31/2014, which accounts for 0.08% of the $25.85 billion portfolio of Baron Funds. Julian Robertson (Trades, Portfolio) owns 37,400 shares as of 12/31/2014, a decrease of 66.81% of from the previous quarter. This position accounts for 0.14% of the $597 million portfolio of Tiger Management.

Senior VP & CFO Fay West bought 2,475 shares of SXC stock on 02/05/2015 at the average price of 16.14. Fay West owns at least 5,713 shares after this. The price of the stock has decreased by 25.53% since.