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Weekly CEO Buys Highlight: Eclipsys Corp., HECKMANN CORPORATION, Jamba Inc., SourceForge Inc., United Security Bancshares

June 06, 2009 | About:

Last week's top stocks that were bought by their CEOs were Eclipsys Corp. (ECLP), HECKMANN CORPORATION (HEK), Jamba Inc. (JMBA), SourceForge Inc. (LNUX), and United Security Bancshares (UBFO). According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Eclipsys Corp. (ECLP): CEO Philip M Pead Bought 69,479 Shares

CEO of Eclipsys Corp. (ECLP) Philip M Pead bought 69,479 shares on 05/29/2009 at an average price of $16.16. Eclipsys Corporation is a healthcare information technology company delivering solutions that enable healthcare providers to achieve improved clinical financial and administrative outcomes. Eclipsys offers an integrated suite of healthcare products in five critical areas -- clinical management access manage' ment patient financial management strategic decision support and integration. Eclipsys' products have been designed to deliver a measurable impact on outcomes enabling Eclipsys' customers to quantify clinical benefits and return on investment. Eclipsys Corp. has a market cap of $907.5 million; its shares were traded at around $16.16 with a P/E ratio of 34.4 and P/S ratio of 1.7.

Eclipsys Corp recently reported its first quarter 2009 results. The company announced that its net revenue was $130.2 million, compared to $124.4 million from a year ago. Net income for the quarter was 17 cents per diluted share, compared to 15 cents per diluted share a year ago.

Many insiders have recently selling the company. Sell: SVP, Professional Services Matthew David Sappern sold 70 shares of ECLP stock on 06/01/2009 at the average price of $14.79; the price of the stock has increased by 9.26% since. The Executive Vice President and General Counsel of the company have also been selling the company.

HECKMANN CORPORATION (HEK): CHAIRMAN & CEO, 10% Owner Richard J Heckmann Bought 30,000 Shares

CHAIRMAN & CEO, 10% Owner of HECKMANN CORPORATION (HEK) Richard J Heckmann bought 30,000 shares on 06/05/2009 at an average price of $4.09. HECKMANN CORPORATION operates as a blank check development stage company. It intends to acquire or acquire control of one or more operating businesses through a merger stock exchange asset acquisition reorganization or similar business combination. HECKMANN CORPORATION has a market cap of $276.7 million; its shares were traded at around $4.09 with and P/S ratio of 26.2.

Heckman Corp. recently reported its first quarter 2009 results. The company reported a net loss of $1.69 per share. Net sales were $7.8 million. Mr. Richard J. Heckmann, Chairman and CEO of Heckmann Corporation, stated, “We made great progress in

accelerating our strategic investment into diversified water business interests. Globally, the increasing need for delivery and purification of fresh water is driving growth in the water industry. Water infrastructure and resources are attractive long-term business opportunities and we are putting our strong balance sheet to work in the water business. So far, our efforts have culminated in a letter of intent to purchase substantially all of the assets of three companies that operate a saltwater disposal, treatment and water pipeline transportation business in Texas and Louisiana. This business has very strong growth characteristics and with the experienced and strong management team we are acquiring, we expect to open new avenues for expansion using our balance sheet strength. We have also signed an agreement to purchase a minority stake in Underground Solutions, Inc., a fast growing water infrastructure and pipeline company located in Poway, California. Investments such as these that enable us to diversify into productive and profitable water-related businesses will be critical to the long-term success of our Company.”

Ron Baron owns 3,500,000 shares as of 03/31/2009, which accounts for 0.18% of the $9.64 billion portfolio of Baron Funds.

Buy: Vice President/General Counsel Donald Ezzell bought 30,000 shares of HEK stock on 05/29/2009 at the average price of $4.14; the price of the stock has decreased by 1.21% since.

Jamba Inc. (JMBA): CEO & PRESIDENT James D White Bought 98,000 Shares

CEO & PRESIDENT of Jamba Inc. (JMBA) James D White bought 98,000 shares on 06/03/2009 at an average price of $1.05. Jamba Inc. through its subsidiary Jamba Juice Company offers blended beverages juices fruit smoothies and snacks primarily in the United States. The company was founded in 1990. It was formerly known as Services Acquisition Corp. International and changed its name to Jamba Inc. in November 2006. The company is headquartered in San Francisco California Jamba Inc. has a market cap of $57.5 million; its shares were traded at around $1.05 with and P/S ratio of 0.2.

Jamba recently reported its first quarter 2009 results. The company announced revenues of $88.9 millino, down 12.5% compared to results from a year ago, and a net loss of $10.2 million, compared to $6.4 million in the first quarter of 2008.

Many insiders have recently bought the company. These include the company's CEO, SVP, and other officials.

SourceForge Inc. (LNUX): President and CEO Scott L Kauffman Bought 50,000 Shares

President and CEO of SourceForge Inc. (LNUX) Scott L Kauffman bought 50,000 shares on 06/01/2009 at an average price of $1.38. SourceForge's media and e-commerce web sites connect millions of influential technology professionals and enthusiasts each day. Combining user- developed content online marketplaces and e-commerce SourceForge is the global technology community's nexus for information exchange goods for geeks and open source software distribution and services. SourceForge's network of web sties serves more than 33 million unique visitors each month and includes: SourceForge.net Slashdot ThinkGeek Linux.com freshmeat.net ITManagersJournal and NewsForge. SourceForge Inc. has a market cap of $88.6 million; its shares were traded at around $1.38 with and P/S ratio of 1.6.

LNUX recently reported its total revenue $10.4 million, compared to $11.4 million from a year ago. The company reported a net loss of $7.4 million. "This is the first quarter that we are reporting under our new calendar year end," said Scott Kauffman, President & CEO, SourceForge, Inc.value="NASDAQ-NMS:LNUX" "While we are not satisfied with the results of the first quarter, I am confident about the merits of our new strategy and the value of the investments we are making in our business."

United Security Bancshares (UBFO): CEO Dennis R Woods Bought 6,150 Shares

CEO of United Security Bancshares (UBFO) Dennis R Woods bought 6,150 shares on 05/29/2009 at an average price of $6.18. United Security Bancshares is the holding company for United Security Bank. United Security Bancshares has a market cap of $75 million; its shares were traded at around $6.18 with a P/E ratio of 19.6 and P/S ratio of 1.4. The dividend yield of United Security Bancshares stocks is 2.1%. United Security Bancshares had an annual average earning growth of 25.9% over the past 5 years.

UBFO recently reported its first quarter 2009 results. The company reported that its net income was $921 thousand, or 8 cents per diluted share, compared to 20 cents per diluted share from the first quarter of 2008.

Directors Robert Michele Mochizuki , Walter Reinhard, and Ronnie D Miller have all increased their positions in the company.

  • 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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