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Weekly CEO Buys Highlight: Dell Inc, Continental Resources Inc, Energy Solutions Inc., Interactive Intelligence Inc, Emeritus Corp.

September 15, 2008 | About:

Weekly CEO Buys Highlight. Related companies: Dell Inc, Continental Resources Inc, ENERGYSOLUTIONS INC, Interactive Intelligence Inc, and Emeritus Corp.

Dell Inc. (DELL): Chairman and CEO, Director Michael S Dell Bought 4,878,000 Shares

Chairman and CEO, Director of Dell Inc. (DELL) Michael S Dell bought 4,878,000 shares on 09/05/2008 at an average price of $19.04. Dell has recently hit near its 52-week low. The company has also been losing market share to other competitors such as Hewlett Packard, Apple, etc.

Glenn Greenberg owns 22,952,575 shares as of 06/30/2008, an increase of 23.9% from the previous quarter. This position accounts for 14.51% of the $3.46 billion portfolio of Chieftain Capital Management Inc.

Michael S Dell also bought 4,503,600 shares of DELL stock on 07/01/2008 at the average price of $20.49; the price of the stock has decreased by 7.08% since.

Continental Resources Inc. (CLR): CEO, Chairman, Director Harold Hamm Bought 200,000 Shares

CEO, Chairman, Director of Continental Resources Inc. (CLR) Harold Hamm bought 200,000 shares during the past week at an average price of $40.73. Continental Resources Inc. is a crude-oil concentrated independent oil and natural gas exploration and production company. CLR recently announced that it added about 32,000 acres to its holdings in North Dakota. It also announced initial production results for its oil wells.

John Keeley owns 37,000 shares as of 06/30/2008, which accounts for 0.02% of the $10.95 billion portfolio of Keeley Fund Management.

Harold Hamm also bought 100,000 shares of CLR stock on 09/10/2008 at the average price of $36.58; the price of the stock has increased by 11.34% since.

Energy Solutions Inc. (ES): Chairman & CEO, Director R Steve Creamer Bought 300,000 Shares

Chairman & CEO, Director of ENERGYSOLUTIONS INC (ES) R Steve Creamer bought 300,000 shares on 09/11/2008 at an average price of $15.59. Energy Solutions Inc. is a full-service nuclear fuel cycle company that is committed to environmental protection energy independence and a safe and growing industry. Recently ES insiders have been buying many shares of the company. The Vice Chairman also bought 100,000 shares.

Ron Baron bought 250,000 shares in the quarter that ended on 06/30/2008, which is 0.03% of the $16.92 billion portfolio of Baron Funds.

Interactive Intelligence Inc. (ININ): Chairman, President and CEO, Director Donald E Brown Bought 40,000 Shares

Chairman, President and CEO, Director of Interactive Intelligence Inc. (ININ) Donald E Brown bought 40,000 shares on 09/05/2008 at an average price of $10.18. Interact Intelligence Inc. is a provider of software that manages a broad range of customer interactions.

Interactive Intelligence has recently announced that it is releasing its latest version of the company’s Interaction Dialer ®software. This software provides “blended outbound dialing and campaign management functionality”.

Donald E Brown also bought 122,479 shares of ININ stock on 08/01/2008 at the average price of $9.16; the price of the stock has increased by 11.14% since.

Emeritus Corp (ESC): Chairman & CEO, Director Daniel R Baty Bought 12,684 Shares

Chairman & CEO, Director of Emeritus Corp (ESC) Daniel R Baty bought 12,684 shares on 09/08/2008 at an average price of $23.12. Emeritus is one of the largest and most experienced national operators of assisted living residential communities. ESC recently filed for its stock to be traded on the New York Stock Exchange (NYSE). Company officials said that they expect the company to be on the NYSE by September 17.

Arnold Schneider owns 368,648 shares as of 06/30/2008, an increase of 621.42% from the previous quarter. This position accounts for 0.2% of the $2.7 billion portfolio of Schneider Capital Management.

Daniel R Baty also bought 44,219 more shares of ESC stock on 08/27/2008 at the average price of $20.81; the price of the stock has increased by 11.1% since.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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