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Weekly CEO Buys Highlight: Las Vegas Sands Corp, Conseco Inc, Actuant Corp, Robbins & Myers Inc, OneBeacon Insurance Group Ltd.

April 05, 2009 | About:

Last week's top five stocks that were bought by their CEOs Las Vegas Sands Corp, Conseco Inc, Actuant Corp, Robbins & Myers Inc, and OneBeacon Insurance Group Ltd. were According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Las Vegas Sands Corp. (LVS): Chairman/Board, CEO&Treasurer, 10% Owner Sheldon G Adelson Bought 7,839,800 Shares

Chairman/Board,CEO&Treasurer, 10% Owner of Las Vegas Sands Corp. (LVS) Sheldon G Adelson bought 7,839,800 shares on 03/30/2009 at an average price of $4.48. Las Vegas Sands Corp. is a hotel gaming and retail mall company headquartered in Las Vegas Nevada. The company has a market cap of $2.92 billion; its shares were traded at around $4.48 with a P/E ratio of 32 and P/S ratio of 0.6.

Las Vegas Sands Corp recently reported its fourth quarter and full year 2008 results. The company announced that its fourth quarter 2008 net revenue increased 4.3% to $1.09 Billion, compared to the fourth quarter of 2007. The company's full year net revenue increased 48% to $4.39 billion.

Steve Mandel bought 18,677,261 shares in the quarter that ended on 12/31/2008, which is 1.81% of the $6.13 billion portfolio of Lone Pine Capital.

Buy: 10% Owner Miriam Adelson bought 7,839,800 shares of LVS stock on 03/30/2009 at the average price of $2.95; the price of the stock has increased by 51.86% since.

Conseco Inc. ( CNO): CEO C James Prieur Bought 200,000 Shares

CEO of Conseco Inc. ( CNO) C James Prieur bought 200,000 shares on 04/02/2009 at an average price of $1.35. Conseco Inc. is one of middle America's leading sources for supplemental health insurance life insurance and annuities. Conseco Inc. has a market cap of $249.2 million; its shares were traded at around $1.35 with a P/E ratio of 1.4.

Conseco recently reported its fourth quarter and full year 2008 results. The company said that its net operating income for the fourth quarter of 2008 was $48.7 million, compared to $27.2 million in 4Q07. The company also reported a net loss per diluted share of $2.45 compared to 38 cents in the fourth quarter of 2007.

John Keeley bought 38,773 shares in the quarter that ended on 12/31/2008, which is less than 0.01% of the $6 billion portfolio of Keeley Fund Management. David Tepper owns 1,762,094 shares as of 12/31/2008, an increase of 4197.79% from the previous quarter. This position accounts for 1.95% of the $572 million portfolio of APPALOOSA MANAGEMENT LP.

Buy: EVP and CFO Edward J Bonach bought 1,000 shares of CNO stock on 11/20/2008 at the average price of $2; the price of the stock has decreased by 32.5% since.

Actuant Corp. ( ATU): President and CEO Robert C Arzbaecher Bought 18,000 Shares

President and CEO of Actuant Corp. ( ATU) Robert C Arzbaecher bought 18,000 shares on 03/27/2009 at an average price of $11.74. Actuant, headquartered in Milwaukee Wisconsin, is a diversified industrial company with operations in 15 countries. The company offers products under such established brand names as Enerpac Gardner Bender Milwaukee Cylinder Nielsen Sessions Power-Packer and Power Gear. Actuant Corp. has a market cap of $662.1 million; its shares were traded at around $11.74 with a P/E ratio of 7.2 and P/S ratio of 0.3. The dividend yield of Actuant Corp. stocks is 0.4%. Actuant Corp. had an annual average earning growth of 21.9% over the past 5 years.

Actuant Corp. recently reported its second quarter 2009 results. The company announced that its net sales were $299 million, compared to $399 million of in the second quarter of 2007; net earnings were $3.2 million compared to $22 million a year ago.

John Keeley owns 1,964,000 shares as of 12/31/2008, which accounts for 0.62% of the $6 billion portfolio of Keeley Fund Management. Ron Baron owns 1,600,000 shares as of 12/31/2008, which accounts for 0.29% of the $10.58 billion portfolio of Baron Funds. John Hussman sold out his holdings in the quarter that ended on 12/31/2008.

Director [url=http://www.gurufocus.com/InsiderBuy.php?insider= HALL +WILLIAM+K]William K Hall [/url] bought 10,000 shares of ATU stock on 03/26/2009 at the average price of $9.81; the price of the stock has increased by 19.67% since.

Robbins & Myers Inc. ( RBN): President and CEO Peter C Wallace Bought 10,000 Shares

President and CEO of Robbins & Myers Inc. ( RBN) Peter C Wallace bought 10,000 shares on 03/30/2009 at an average price of $17. ROBBINS & MYERS INC. is engaged in the design manufacture and marketing of fluids management equipment primarily progressing cavity pumps chemical reactor and storage vessels agitators and mixers and fluoropolymer corrosion-resistant coatings. Robbins & Myers Inc. has a market cap of $557.4 million; its shares were traded at around $17 with a P/E ratio of 7.3 and P/S ratio of 0.6. The dividend yield of Robbins & Myers Inc. stocks is 1%. Robbins & Myers Inc. had an annual average earning growth of 35.2% over the past 5 years.

Robin and Meyers Inc. recently reported its second quarter 2009 results. The company announced that its diluted earnings per share were 46 cents per share, compared with 47 cents per share in the second quarter of 2008.

John Keeley owns 1,845,000 shares as of 12/31/2008, which accounts for 0.5% of the $6 billion portfolio of Keeley Fund Management. Joel Greenblatt sold out his holdings in the quarter that ended on 12/31/2008.

Director Stephen F Kirk bought 5,000 shares of RBN stock on 03/30/2009 at the average price of $14.92; the price of the stock has increased by 13.94% since.

OneBeacon Insurance Group Ltd. (OB): President & CEO, OB Ins. Co. T Michael Miller Bought 10,000 Shares

President & CEO, OB Ins. Co. of OneBeacon Insurance Group Ltd. (OB) T Michael Miller bought 10,000 shares on 03/30/2009 at an average price of $10.69. ONEBEACON INSURANCE GROUP LTD.'s operating subsidiaries offer a range of specialty and segmented commercial and personal insurance products sold primarily through select independent agents. The company has a market cap of $1.02 billion; its shares were traded at around $10.69 with a P/E ratio of 7.2 and P/S ratio of 0.8. The dividend yield of OneBeacon Insurance Group Ltd. stocks is 7.9%.

OB recently reported its fourth quarter and full year 2008 results. The company announced that its book value per share was $12.15, a decrease of 14.4% for the fourth quarter, including dividends, and a decrease of 21.5% for the full year. Mike Miller, CEO of OneBeacon said, "We were disappointed by the decrease in our book value caused by investment losses. During the fourth quarter, we took significant steps to preserve our capital, including reductions in our equity investments and CAT exposures. Our underwriting results were very solid as all of our businesses performed well, contributing to combined ratios of 86% for the fourth quarter and 95% for the year. Our specialty businesses drove our 5% premium growth for the year."

Director [url=http://www.gurufocus.com/InsiderBuy.php?insider=URNESS+ KENT +D]Kent D Urness [/url] bought 1,000 shares of OB stock on 11/05/2008 at the average price of $13.05; the price of the stock has decreased by 18.08% 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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