These are the CEO Buy companies for the week of November 16, 2008 . Related companies: Cypress Semiconductor Corp, Emeritus Corp, Delphi Financial Group Inc, Landry's Restaurants Inc, and ENERGYSOLUTIONS INC.
Cypress Semiconductor Corp. (CY, Financial): President & CEO, Director Thurman J Rodgers Bought 1,102,000 Shares
President & CEO, Director of Cypress Semiconductor Corp. (CY) Thurman J Rodgers bought 1,102,000 shares on 11/20/2008 at an average price of $2.97. Cypress Semiconductor Corporation designs develops manufactures and markets a broad line of integrated circuits. The company has a market cap of $455.17 million; its shares were traded at around $2.97 with P/S ratio of 0.20.
CY’s shares recently fell as an analyst from UBS lowered his earnings outlook and stock price for the quarter. The company is down more than 40% since the beginning of November.
Richard Perry owns 1,068,800 shares as of 09/30/2008 , an increase of 29.55% from the previous quarter. This position accounts for 0.22% of the $2.56 billion portfolio of Perry Capital.
Director Lloyd Carney sold 21,247 shares of CY stock on 09/12/2008 at the average price of $27.81; the price of the stock has decreased by 89.32% since.
Emeritus Corp (ESC, Financial): Chairman & CEO, Director, 10% Owner Daniel R Baty Bought 245,803 Shares
Chairman & CEO, Director, 10% Owner of Emeritus Corp (ESC) Daniel R Baty bought 245,803 shares during the past week at an average price of $5.2. Emeritus is one of the largest and most experienced national operators of assisted living residential communities. The company has a market cap of $203.36 million with a P/S ratio of 0.26.
Emeritus Corp recently reported its operating results for the third quarter of 2008. The company said that same store occupancy, revenue and income were all up. Same store occupancy increased by about 1%, while revenue was up 2.3% and operating income rose about $2.1 million. The company ’s co-chief executive officer said “ Our third quarter operating results demonstrate solid progress in improving occupancy and rate growth in a challenging economic environment. Despite the turmoil in the markets, the need-driven demand characteristics for senior care remains strong. Given our high quality portfolio, broad geographic reach, and our focus on the middle market, we expect our performance to be less affected by general economic conditions than many other providers in the industry."
Arnold Schneider owns 572,834 shares as of 09/30/2008 , an increase of 55.39% from the previous quarter. This position accounts for 0.63% of the $2.25 billion portfolio of Schneider Capital Management. John Keeley owns 427,500 shares as of 09/30/2008 . Ron Baron owns 2,451,000 shares as of 09/30/2008 .
Director Bruce L Busby bought 10,000 shares of ESC stock on 11/21/2008 at the average price of $5.36; the price of the stock has decreased by 2.99% since.
Delphi Financial Group Inc. (DFG, Financial): Chairman & CEO, Director, 10% Owner Robert Rosenkranz Bought 200,000 Shares
Chairman & CEO, Director, 10% Owner of Delphi Financial Group Inc. (DFG) Robert Rosenkranz bought 200,000 shares on 11/21/2008 at an average price of $8.21. Delphi Financial Group Inc. is a holding company whose subsidiaries provide integrated employee benefit services. The Company has a market cap of $385.37 million,a P/E ratio of 5.12 and P/S ratio of 0.25. The dividend yield of Delphi Financial Group Inc. stocks is 2.47%.
Delphi Financial Group recently reported its 3 rd quarter 2008 results. The company announced that its operating earnings were 26 cents per share, compared to 81 cents per share a year ago. Operating income was also down for the quarter. The company announced a net loss of 20 cents per share for the third quarter 2008.
John Keeley bought 14,000 shares in the quarter that ended on 09/30/2008 , which is less than 0.01% of the $9.04 billion portfolio of Keeley Fund Management. Richard Pzena owns 1,136,224 shares as of 09/30/2008 , an increase of 40.75% from the previous quarter. This position accounts for 0.24% of the $13.21 billion portfolio of Pzena Investment Management LLC.
Landry's Restaurants Inc. (LNY, Financial): CEO and President, Director, 10% Owner Tilman J Fertitta Bought 501,028 Shares
CEO and President, Director, 10% Owner of Landry's Restaurants Inc. (LNY) Tilman J Fertitta bought 501,028 shares during the past week at an average price of $10.7. Landry's Seafood Restaurants Inc. owns and operates full-service mid-priced casual dining seafood restaurants under the restaurant divisional names Joe's Crab Shack Landry's Seafood House and The Crab House.It has a market cap of $172.72 million; its shares were traded at around $10.7 with a P/S ratio of 0.15 and dividend yield of 0.86%.
Laundy’s Seafood Restaurants recently announced that its revenue was down about 6 million from a year ago. Loss from operations was 50 cents per share this quarter, compared to 17 cents per share a year ago. These results were reported on November 10, 2008 .
EVP & General Counsel, Director Steven L Scheinthal sold 46,300 shares of LNY stock on 11/19/2008 at the average price of $11.11; the price of the stock has decreased by 3.69% since.
ENERGYSOLUTIONS INC (ES, Financial): Chairman and CEO, Director R Steve Creamer Bought 1,000,000 Shares
Chairman and CEO, Director of ENERGYSOLUTIONS INC (ES) R Steve Creamer bought 1,000,000 shares on 11/18/2008 at an average price of $3.71. ENERGYSOLUTIONS is a full-service nuclear fuel cycle company that is committed to environmental protection energy independence and a safe and growing industry. It has a market cap of $327.60 million, a P/E ratio of 2.27, a P/S ratio of 0.17 and a dividend yield of 1.9%.
EnergySolutions Inc recently reported its third quarter 2008 results. The company said that its revenue rose to $419 million, compared to $389 million a year ago. Gross profit remained almost the same, falling $0.1 million, still hovering at $56 million. Cash flow from operations were $35.2 million. Net income was up greatly, at $10.9 million, compared to $0.1 million a year ago.
Ron Baron owns 3,235,800 shares as of 09/30/2008 , an increase of 1194.32% from the previous quarter. This position accounts for 0.21% of the $15.41 billion portfolio of Baron Funds. George Soros sold out his holdings in the quarter that ended on 09/30/2008 .
CFO Philip O Strawbridge bought 20,000 shares of ES stock on 11/19/2008 at the average price of $3.47; the price of the stock has increased by 6.92% since.
Cypress Semiconductor Corp. (CY, Financial): President & CEO, Director Thurman J Rodgers Bought 1,102,000 Shares
President & CEO, Director of Cypress Semiconductor Corp. (CY) Thurman J Rodgers bought 1,102,000 shares on 11/20/2008 at an average price of $2.97. Cypress Semiconductor Corporation designs develops manufactures and markets a broad line of integrated circuits. The company has a market cap of $455.17 million; its shares were traded at around $2.97 with P/S ratio of 0.20.
CY’s shares recently fell as an analyst from UBS lowered his earnings outlook and stock price for the quarter. The company is down more than 40% since the beginning of November.
Richard Perry owns 1,068,800 shares as of 09/30/2008 , an increase of 29.55% from the previous quarter. This position accounts for 0.22% of the $2.56 billion portfolio of Perry Capital.
Director Lloyd Carney sold 21,247 shares of CY stock on 09/12/2008 at the average price of $27.81; the price of the stock has decreased by 89.32% since.
Emeritus Corp (ESC, Financial): Chairman & CEO, Director, 10% Owner Daniel R Baty Bought 245,803 Shares
Chairman & CEO, Director, 10% Owner of Emeritus Corp (ESC) Daniel R Baty bought 245,803 shares during the past week at an average price of $5.2. Emeritus is one of the largest and most experienced national operators of assisted living residential communities. The company has a market cap of $203.36 million with a P/S ratio of 0.26.
Emeritus Corp recently reported its operating results for the third quarter of 2008. The company said that same store occupancy, revenue and income were all up. Same store occupancy increased by about 1%, while revenue was up 2.3% and operating income rose about $2.1 million. The company ’s co-chief executive officer said “ Our third quarter operating results demonstrate solid progress in improving occupancy and rate growth in a challenging economic environment. Despite the turmoil in the markets, the need-driven demand characteristics for senior care remains strong. Given our high quality portfolio, broad geographic reach, and our focus on the middle market, we expect our performance to be less affected by general economic conditions than many other providers in the industry."
Arnold Schneider owns 572,834 shares as of 09/30/2008 , an increase of 55.39% from the previous quarter. This position accounts for 0.63% of the $2.25 billion portfolio of Schneider Capital Management. John Keeley owns 427,500 shares as of 09/30/2008 . Ron Baron owns 2,451,000 shares as of 09/30/2008 .
Director Bruce L Busby bought 10,000 shares of ESC stock on 11/21/2008 at the average price of $5.36; the price of the stock has decreased by 2.99% since.
Delphi Financial Group Inc. (DFG, Financial): Chairman & CEO, Director, 10% Owner Robert Rosenkranz Bought 200,000 Shares
Chairman & CEO, Director, 10% Owner of Delphi Financial Group Inc. (DFG) Robert Rosenkranz bought 200,000 shares on 11/21/2008 at an average price of $8.21. Delphi Financial Group Inc. is a holding company whose subsidiaries provide integrated employee benefit services. The Company has a market cap of $385.37 million,a P/E ratio of 5.12 and P/S ratio of 0.25. The dividend yield of Delphi Financial Group Inc. stocks is 2.47%.
Delphi Financial Group recently reported its 3 rd quarter 2008 results. The company announced that its operating earnings were 26 cents per share, compared to 81 cents per share a year ago. Operating income was also down for the quarter. The company announced a net loss of 20 cents per share for the third quarter 2008.
John Keeley bought 14,000 shares in the quarter that ended on 09/30/2008 , which is less than 0.01% of the $9.04 billion portfolio of Keeley Fund Management. Richard Pzena owns 1,136,224 shares as of 09/30/2008 , an increase of 40.75% from the previous quarter. This position accounts for 0.24% of the $13.21 billion portfolio of Pzena Investment Management LLC.
Landry's Restaurants Inc. (LNY, Financial): CEO and President, Director, 10% Owner Tilman J Fertitta Bought 501,028 Shares
CEO and President, Director, 10% Owner of Landry's Restaurants Inc. (LNY) Tilman J Fertitta bought 501,028 shares during the past week at an average price of $10.7. Landry's Seafood Restaurants Inc. owns and operates full-service mid-priced casual dining seafood restaurants under the restaurant divisional names Joe's Crab Shack Landry's Seafood House and The Crab House.It has a market cap of $172.72 million; its shares were traded at around $10.7 with a P/S ratio of 0.15 and dividend yield of 0.86%.
Laundy’s Seafood Restaurants recently announced that its revenue was down about 6 million from a year ago. Loss from operations was 50 cents per share this quarter, compared to 17 cents per share a year ago. These results were reported on November 10, 2008 .
EVP & General Counsel, Director Steven L Scheinthal sold 46,300 shares of LNY stock on 11/19/2008 at the average price of $11.11; the price of the stock has decreased by 3.69% since.
ENERGYSOLUTIONS INC (ES, Financial): Chairman and CEO, Director R Steve Creamer Bought 1,000,000 Shares
Chairman and CEO, Director of ENERGYSOLUTIONS INC (ES) R Steve Creamer bought 1,000,000 shares on 11/18/2008 at an average price of $3.71. ENERGYSOLUTIONS is a full-service nuclear fuel cycle company that is committed to environmental protection energy independence and a safe and growing industry. It has a market cap of $327.60 million, a P/E ratio of 2.27, a P/S ratio of 0.17 and a dividend yield of 1.9%.
EnergySolutions Inc recently reported its third quarter 2008 results. The company said that its revenue rose to $419 million, compared to $389 million a year ago. Gross profit remained almost the same, falling $0.1 million, still hovering at $56 million. Cash flow from operations were $35.2 million. Net income was up greatly, at $10.9 million, compared to $0.1 million a year ago.
Ron Baron owns 3,235,800 shares as of 09/30/2008 , an increase of 1194.32% from the previous quarter. This position accounts for 0.21% of the $15.41 billion portfolio of Baron Funds. George Soros sold out his holdings in the quarter that ended on 09/30/2008 .
CFO Philip O Strawbridge bought 20,000 shares of ES stock on 11/19/2008 at the average price of $3.47; the price of the stock has increased by 6.92% since.
