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Weekly CEO Buys Highlight: Motorola Inc, Bank of America Corp, Complete Production Services Inc, Acadia Realty Trust, Blyth Inc.

February 07, 2009 | About:

Last week's top five stocks that were bought by their CEOs were Motorola Inc, Bank of America Corp, Complete Production Services Inc, Acadia Realty Trust, and Blyth Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Motorola Inc. (MOT): Co-CEO and CEO, Broadband Mob, Director Gregory Q Brown Bought 525,000 Shares

Co-CEO and CEO, Broadband Mob, Director of Motorola Inc. (MOT) Gregory Q Brown bought 525,000 shares on 02/06/2009 at an average price of $3.88. Motorola Inc. is a global leader in providing integrated communications solutions and embedded electronic solutions. They have a market cap of $10.43 billion; its shares were traded at around $3.88 with a P/E ratio of 25.2 and P/S ratio of 0.28. The dividend yield of Motorola Inc. stocks is 4.35%.

Motorola Inc. recently reported its fourth quarter and full year 2008 results. Motorola, Inc. reported sales of $7.1 billion in the fourth quarter of 2008. For the full year 2008, sales were $30.1 billion. The GAAP net loss was $1.84 per share, which includes net charges of $1.86 per share from items highlighted in the Company’s quarterly earnings releases. During the quarter, the Company generated positive operating cash flow of $201 million. For the full year, the Company generated positive

operating cash flow of $242 million and ended the year with a total cash position of $7.4 billion.

Richard Pzena owns 31,972,279 shares as of 09/30/2008, an increase of 157.21% from the previous quarter. Robert Olstein owns 1,211,900 shares as of 09/30/2008, which accounts for 1.08% of the $799 million portfolio of Olstein Financial Alert Fund. Kenneth Fisher owns 25,406 shares as of 09/30/2008, a decrease of 44.81% of from the previous quarter. This position accounts for less than 0.01% of the $31.63 billion portfolio of Fisher Asset Management, LLC. Brian Rogers sold out his holdings in the quarter that ended on 12/31/2008. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 09/30/2008.

Bank of America Corp. (BAC): Chairman CEO and Pres, Director Kenneth D Lewis Bought 200,000 Shares

Chairman CEO and Pres, Director of Bank of America Corp. (BAC) Kenneth D Lewis bought 200,000 shares on 02/04/2009 at an average price of $6.13. Bank of America Corp. is one of the world's leading financial services companies. The comopany provides individuals small businesses and commercial corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever wherever and however they choose. Bank of America Corp. has a market cap of $31.31 billion; its shares were traded at around $6.13 with a P/E ratio of 8.4 and P/S ratio of 0.43. The dividend yield of Bank of America Corp. stocks is 20.51%. Bank of America Corp. had an annual average earning growth of 7.5% over the past 10 years.

Bank of America Corp. reported on January 16, 2009, a net income of $4.01 billion compared to the $14.98 billion net income of 2007.

Ken Heebner bought 15,640,000 shares in the quarter that ended on 09/30/2008, which is 4.85% of the $11.29 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Charles Brandes owns 19,029,175 shares as of 09/30/2008, an increase of 603.4% from the previous quarter. Richard Snow owns 4,440,463 shares as of 09/30/2008, which accounts for 4.31% of the $2.29 billion portfolio of Snow Capital Management, L.P.. Dodge & Cox owns 294,334 shares as of 12/31/2008, a decrease of 26.12% of from the previous quarter.

Pres Gbl Bkg & Wlth Mgmt Brian T Moynihan bought 10,000 shares of BAC stock on 02/06/2009 at the average price of $6.14; the price of the stock has decreased by 0.16% since.

Complete Production Services Inc. (CPX): Chairman and CEO, Director Joseph C Winkler Bought 121,700 Shares

Chairman and CEO, Director of Complete Production Services Inc. (CPX) Joseph C Winkler bought 121,700 shares during the past week at an average price of $5.31. Complete Production Services Inc. is one of North America's leading oilfield service providers offering all-inclusive field support solutions equipment and well-production optimization and enhancement to the world's largest oil and gas companies. It has a market cap of $568.14 million; its shares were traded at around $5.31 with a P/E ratio of 2.7 and P/S ratio of 0.34.

VP, Sec. and Gen. Counsel Jf Iii Maroney bought 20,000 shares of CPX stock on 02/04/2009 at the average price of $4.98; the price of the stock has increased by 6.63% since.

Acadia Realty Trust (AKR): President and CEO, Director Kenneth F Bernstein Bought 27,396 Shares

President and CEO, Director of Acadia Realty Trust (AKR) Kenneth F Bernstein bought 27,396 shares during the past week at an average price of $12.05. Acadia Realty Trust is a fully integrated self-managed and self-administered equity REIT focused primarily on the ownership acquisition redevelopment and management of neighborhood and community shopping centers. Acadia Realty Trust has a market cap of $380.82 million; its shares were traded at around $12.05 with a P/E ratio of 9 and P/S ratio of 3.75. The dividend yield of Acadia Realty Trust stocks is 7.14%. Acadia Realty Trust had an annual average earning growth of 9.3% over the past 5 years.

Acadia recently reported its third quarter 2008 results. The company reported a net loss of $15.6 million, or $0.42 per common share, for the third quarter of 2008 compared to a net loss of $16.0 million, or $0.43 per common share, for the third quarter of 2007. The net loss for the third quarter of 2008 included charges of $2.1 million in connection with ACADIA's strategic restructuring announced in August. For the nine months ended September 30, 2008, ACADIA reported a net loss of $50.3 million, or $1.36 per common share, compared to a net loss of $39.4 million, or $1.14 per common share, for the comparable period of 2007.

Ron Baron owns 1,832,900 shares as of 09/30/2008, which accounts for 0.3% of the $15.41 billion portfolio of Baron Funds. David Swensen owns 1,765,767 shares as of 09/30/2008, a decrease of 22.73% of from the previous quarter. This position accounts for 10.77% of the $414 million portfolio of Yale University. Third Avenue Management owns 57,700 shares as of 09/30/2008, a decrease of 97% of from the previous quarter. This position accounts for 0.01% of the $4.78 billion portfolio of Third Avenue Management.

CFO Michael Nelsen bought 978 shares of AKR stock on 01/30/2009 at the average price of $12.58; the price of the stock has decreased by 4.21% since.

Blyth Inc. (BTH): Chairman of the Board and CEO, Director, 10% Owner Robert B Goergen Bought 89,830 Shares

Chairman of the Board and CEO, Director, 10% Owner of Blyth Inc. (BTH) Robert B Goergen bought 89,830 shares on 01/30/2009 at an average price of $24.24. Blyth Inc. operates in the home fragrance products market. The company has a market cap of $141.54 million; its shares were traded at around $24.24 with a P/E ratio of 20.9 and P/S ratio of 0.12. The dividend yield of Blyth Inc. stocks is 13.57%.

Director Pamela M Goergen bought 22,458 shares of BTH stock on 01/30/2009 at the average price of $14.64; the price of the stock has increased by 65.57% 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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