Weekly CEO Buys Highlight: U.S. Gold Corp, VeriFone Holdings Inc, Masimo Corp, Rural/Metro Corp, General American Investors Company Inc.

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May 23, 2009
Last week's top five stocks that were bought by their CEOs were U.S. Gold Corp, VeriFone Holdings Inc, Masimo Corp, Rural/Metro Corp, General American Investors Company Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.


U.S. Gold Corp. (UXG, Financial): Chairman and CEO, 10% Owner Robert Ross Mcewen Bought 4,004,000 Shares


Chairman and CEO, 10% Owner of US Gold Corp. (UXG) Robert Ross Mcewen bought 4,004,000 shares during the past week at an average price of $2.12. U.S. GOLD CORP. is primarily engaged in the precious metal mining business in the continental United States however it may also evaluate properties outside the United States. The company has a market cap of $170.5 million; its shares were traded at around $2.12 .


Buy: CFO Perry Ing bought 7,500 shares of UXG stock on 05/19/2009 at the average price of $2; the price of the stock has increased by 6% since.


VeriFone Holdings Inc. (PAY, Financial): CEO Douglas Bergeron Bought 101,500 Shares


CEO of VeriFone Holdings Inc. (PAY) Douglas Bergeron bought 101,500 shares during the past week at an average price of $6.72. Verifone Holdings Inc. a global leader in secure electronic payment technologies provides expertise solutions and services for today with a migration strategy for tomorrow. VeriFone delivers solutions that add value to the point of sale resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. VeriFone solutions are specifically designed to meet the needs of vertical markets including financial retail petroleum government and healthcare. The company has a market cap of $567.5 million; its shares were traded at around $6.72 with a P/E ratio of 18.1 and P/S ratio of 0.6.


Verifone recently reported its first quarter 2009 results. The company said that its net revenues for the three months that ended January 31, 2009 were $214.0 million. This number was 15% higher than the net revenues of $185.5 million for the comparable period of 2008. Non-GAAP Net income, for the three months ended January 31, 2009, was $0.17 per diluted share, compared to $0.04 per diluted share in the three months that ended on January 31, 2008.


Buy: CFO Robert R B Dykes bought 129,082 shares of PAY stock on 12/19/2008 at the average price of $5.42; the price of the stock has increased by 23.99% since.


Masimo Corp. (MASI, Financial): CEO and Chairman of the Board Joe E Kiani Bought 10,000 Shares


CEO and Chairman of the Board of Masimo Corp. (MASI) Joe E Kiani bought 10,000 shares on 05/21/2009 at an average price of $23.51. Masimo develops innovative monitoring technologies that significantly improve patient care -- helping solve `unsolvable` problems. The company has a market cap of $1.35 billion; its shares were traded at around $23.51 with a P/E ratio of 27.4 and P/S ratio of 4.4. Ron Baron owns 1,325,000 shares as of 03/31/2009, which accounts for 0.4% of the $9.64 billion portfolio of Baron Funds.


Masimo rencently reported its first quarter 2009 results. The company announced that its EPS increased by 47% to 22 cents per share, compared to 15 cents per share in the first quarter of 2008. roduct revenues increased approximately 25% to $74.5 million from $59.7 million in the prior year.


Sell: Director Edward L Cahill sold 163,470 shares of MASI stock on 12/18/2008 at the average price of $28.48; the price of the stock has decreased by 17.45% since.


Rural/Metro Corp. ( RURL): President and CEO Jack E Brucker Bought 70,000 Shares


President and CEO of Rural/Metro Corp. ( RURL) Jack E Brucker bought 70,000 shares on 05/15/2009 at an average price of $2.2297. Rural/Metro Corp. is a leading provider of health and safety services which include ``911`` emergency ambulance and general medical transport services fire protection services and other safety and health care related services to municipal residential commercial and industrial customers. The company has a market cap of $55.3 million; its shares were traded at around $2.2297 with a P/E ratio of 11.1 and P/S ratio of 0.1.


Rural/Metro recently reported its third quarter fiscal results. The company announced that its year to date revenue was $371.3 million. "We are pleased with our results this quarter as we continue to demonstrate the effectiveness of our efforts to enhance revenue quality, improve rates, reduce uncompensated care, and drive strong free cash flow," said Jack Brucker, President and Chief Executive Officer. "Cash on hand at the close of the third quarter was $27.8 million. This includes the $5.0 million voluntary principal payment made in March to further reduce the outstanding balance of our Term Loan B."


Buy: 10% Owner Capital Management, L Coliseum bought 5,000 shares of RURL stock on 03/09/2009 at the average price of $1.15; the price of the stock has increased by 93.89% since.


General American Investors Company Inc. (GAM, Financial): President & CEO Spencer Davidson Bought 5,800 Shares


President & CEO of General American Investors Company Inc. (GAM) Spencer Davidson bought 5,800 shares on 05/21/2009 at an average price of $17.835. GENERAL AMERICAN INVESTORS is a closed-end diversified management investment company whose investment objective is long-term capital appreciation through investment in companies with above average growth potential. General American Investors Company Inc. has a market cap of $570.4 million; its shares were traded at around $17.835 . The dividend yield of General American Investors Company Inc. stocks is 2.1%.