Weekly CFO Buys Highlight: GameStop Corp., NGP Capital Resources Company, Walter Investment Management Corp, Lincoln Educational Services Corp., BE Aerospace Inc.

Weekly CFO Buys Highlight

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Jun 08, 2009
According to GuruFocus Insider Data, the largest CFO buys during the past week are GameStop Corp., NGP Capital Resources Company, Walter Investment Management Corp, Lincoln Educational Services Corp., BE Aerospace Inc.

GameStop Corp. (GME, Financial): Exec. VP, CFO & Asst. Sec'y David W Carlson Bought 25,000 Shares

Exec. VP, CFO & Asst. Sec'y of GameStop Corp. (GME) David W Carlson bought 25,000 shares on 06/02/2009 at an average price of $25.08. GameStop Corp. is the world's largest video game and entertainment software retailer. The company operates 4816 retail stores across the United States and in fifteen countries worldwide. The company also operates two e-commerce sites GameStop.com and EBgames.com and publishes Game Informer? magazine a leading multi-platform video game publication. GameStop Corp. sells new and used video game software hardware and accessories for next generation video game systems from Sony Nintendo and Microsoft. In addition the company sells PC entertainment software related accessories and other merchandise. GameStop Corp. has a market cap of $3.93 billion; its shares were traded at around $23.89 with a P/E ratio of 9.6 and P/S ratio of 0.5. GameStop Corp. had an annual average earning growth of 11.2% over the past 5 years.

GME is in the portfolios of Kenneth Fisher of Fisher Asset Management, LLC, Ken Heebner of CAPITAL GROWTH MANAGEMENT LP.

Sell: CEO, Director Daniel A Dematteo sold 40,237 shares of GME stock on 02/11/2009 at the average price of $27.1; the price of the stock has decreased by 11.85% since. Sell: Director Edward A Volkwein sold 19,200 shares of GME stock on 04/03/2009 at the average price of $30.93; the price of the stock has decreased by 22.76% since. Sell: Director Lawrence S Zilavy sold 20,000 shares of GME stock on 03/31/2009 at the average price of $28.01; the price of the stock has decreased by 14.71% since. Sell: Director Stephanie M Shern sold 15,200 shares of GME stock on 03/30/2009 at the average price of $26.55; the price of the stock has decreased by 10.02% since. Sell: Executive Chairman, Director R Richard Fontaine sold 40,253 shares of GME stock on 02/11/2009 at the average price of $27.09; the price of the stock has decreased by 11.81% since. Sell: Sr. VP & Chief Acct. Off. Robert Alan Lloyd sold 2,088 shares of GME stock on 02/10/2009 at the average price of $28.61; the price of the stock has decreased by 16.5% since.

NGP Capital Resources Company (NGPC, Financial): CFO Stephen Gardner Bought 5,000 Shares

CFO of NGP Capital Resources Company (NGPC) Stephen Gardner bought 5,000 shares on 05/28/2009 at an average price of $7.48. NGP Capital Resources Company is a new financial services company organized by Natural Gas Partners to invest primarily in debt securities of small and mid-size energy companies. NGP Capital Resources Company's investment objective is to generate both current income and capital appreciation primarily through debt investments with certain equity components. Natural Gas Partners is a leading provider of private equity capital and sponsorship to the energy industry. NGP Capital Resources Company has a market cap of $173.7 million; its shares were traded at around $8.03 with a P/E ratio of 6.4 and P/S ratio of 4.6. The dividend yield of NGP Capital Resources Company stocks is 9.9%.

NGP Capital Resources Company recently reported fiscal results for its first quarter 2009 ended March 31, 2009. The company announced its total revenue of $ 353,330,559. This is compared to the last quarter which included total revenue of $ 400,748,657. Buy: CEO John Homier bought 1,000 shares of NGPC stock on 05/29/2009 at the average price of $7.28; the price of the stock has increased by 10.3% since.

Buy: Director Edward W Blessing bought 200 shares of NGPC stock on 01/02/2009 at the average price of $8.78, 200 shares of NGPC stock on 02/02/2009 at the average price of $8.4, 200 shares of NGPC stock on 04/01/2009 at the average price of $4.95, 200 shares of NGPC stock on 05/01/2009 at the average price of $7.01, and 200 shares of NGPC stock on 06/01/2009 at the average price of $8.04; the price of the stock has decreased by 0.12% since.

Walter Investment Management Corp (WAC, Financial): CFO and Treasurer Kimberly Ann Perez Bought 3,800 Shares

CFO and Treasurer of Walter Investment Management Corp (WAC) Kimberly Ann Perez bought 3,800 shares on 06/03/2009 at an average price of $12.92. Walter Investment Management Corp. headquartered in Tampa FL is a Mortgage portfolio owner and mortgage servicer specializing in subprime non-conforming and other credit challenged mortgage assets. It is a residential mortgage servicing company with divisional offices located in Atlanta Birmingham Charlotte Ft. Worth and Houston. The company holds licenses as a residential mortgage lender and/or servicer in over 30 states across the US and presently has federal mortgage lending approval as a Title II Non-Supervised HUD Mortgagee. The portfolio primarily consists of mortgages on homes built by Jim Walter Homes Inc. and its affiliated builders. The company is one of the few remaining organizations to provide portfolio servicing through a team of full-time `field-based` employees. It also operates mortgage advisory and insurance product lines of business.

Buy: Director Shannon E Smith bought 2,900 shares of WAC stock on 05/12/2009 at the average price of $10.57; the price of the stock has increased by 33.3% since. Buy: Director Denmar John Dixon bought 5,000 shares of WAC stock on 05/08/2009 at the average price of $11.5 and 5,002 shares of WAC stock on 05/11/2009 at the average price of $10.23; the price of the stock has increased by 37.73% since. Buy: VP Advisory Services John A Burchett bought 250 shares of WAC stock on 05/08/2009 at the average price of $11.75; the price of the stock has increased by 19.91% since. Buy: General Counsel and Secretary Stuart Douglass Boyd bought 2,200 shares of WAC stock on 05/08/2009 at the average price of $11.52; the price of the stock has increased by 22.31% since.

Lincoln Educational Services Corp. (LINC, Financial): SVP, CFO and Treasurer Cesar Ribeiro Bought 2,000 Shares

SVP, CFO and Treasurer of Lincoln Educational Services Corp. (LINC) Cesar Ribeiro bought 2,000 shares on 05/29/2009 at an average price of $18.72. Lincoln Educational is a leading and diversified for-profit provider of a career-oriented post-secondary education headquartered in West Orange New Jersey. It offers recent high school graduates and working adults degree and diploma programs in four principal areas of study: automotive technology allied health (which includes programs for medical administrative assistants medical assistants pharmacy technicians and massage therapists) skilled trades and business and information technology. Lincoln Educational Services Corp. has a market cap of $507.5 million; its shares were traded at around $19.06 with a P/E ratio of 19.5 and P/S ratio of 1.4.

Lincoln Educational Services Corp. recently reported fiscal results for its first quarter 2009. The company announced its total revenue of $118.6 million and net income ($0.22 per diluted share). This is compared to the same quarter last year which included total revenue of $84.0 million and a net income of ($0.2 per diluted share). ”We are extremely pleased with our financial performance for the first quarter of 2009," said David Carney, Lincoln's Executive Chairman.

Sell: CEO and Chairman of the Board David F Carney sold 35,000 shares of LINC stock on 02/18/2009 at the average price of $14; the price of the stock has increased by 36.14% since. Sell: Chief Administrative Officer Scott M Shaw sold 15,000 shares of LINC stock on 02/18/2009 at the average price of $14; the price of the stock has increased by 36.14% since.

BE Aerospace Inc. (BEAV, Financial): Sr. VP & CFO Thomas P Mccaffrey Bought 1,400 Shares

Sr. VP & CFO of BE Aerospace Inc. (BEAV) Thomas P Mccaffrey bought 1,400 shares on 06/01/2009 at an average price of $15.53. B/E Aerospace Inc. is the world's leading manufacturer of aircraft cabin interior products serving virtually all the world's airlines and aircraft manufacturers. B/E designs develops manufactures sells and services a broad line of passenger cabin interior products for both commercial and business/VIP aircraft and provides interior design reconfiguration and conversion services to its customers throughout the world. BE Aerospace Inc. has a market cap of $1.7 billion; its shares were traded at around $16.81 with a P/E ratio of 8 and P/S ratio of 0.9. BE Aerospace Inc. had an annual average earning growth of 38.4% over the past 5 years.

BEAV is in the portfolios of Arnold Schneider of Schneider Capital Management, Richard Aster Jr of Meridian Fund.

Buy: VP & General Counsel Edmund J Moriarty bought 2,000 shares of BEAV stock on 03/02/2009 at the average price of $7.2 and 1,000 shares of BEAV stock on 03/06/2009 at the average price of $6.75; the price of the stock has increased by 149.04% since.

For the complete list of stocks that bought by their CFOs, go to: Insider Buys.