Last week's top five stocks that were bought by their CEOs were The Greenbrier Companies Inc. (GBX, Financial), ValueVision Media Inc. (VVTV, Financial), Tier Technologies Inc. (TIER, Financial), Southern Union Company (SUG, Financial), and Keithley Instruments Inc. (KEI, Financial). According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
The Greenbrier Companies Inc. (GBX): President & CEO William A Furman Bought 28,320 Shares
President & CEO of The Greenbrier Companies Inc. (GBX) William A Furman bought 28,320 shares during the past week at an average price of $9.05. Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The Greenbrier Companies Inc. has a market cap of $151.1 million; its shares were traded at around $9.05 with and P/S ratio of 0.1. The Greenbrier Companies Inc. had an annual average earning growth of 3.4% over the past 10 years.
The Greenbrier Companies recently reported its third quarter 2009 results. The company announced that its revenue was $244 million, down 36% from results from a year ago.William A. Furman, president and chief executive officer, said, "The sequential improvement in our quarterly financial results as compared to the first two quarters of 2009 was due to stronger performance in our manufacturing and refurbishment & parts business segments. Nevertheless, our markets remain challenging in light of the ongoing global economic recession. Year-to-date rail loadings in North America are down about 20%, and it is estimated that about 20% - 25% of the entire North American railcar fleet remains idle. In this environment, we continue to scale our operations to reflect the current economic situation, control costs and expenditures, manage the Company for cash flow, and seek to pay down debt. During the quarter, we paid down net debt by an additional $19 million. We expect this trend to continue in the fourth quarter."
John Keeley owns 1,964,700 shares as of 03/31/2009, which accounts for 0.15% of the $4.75 billion portfolio of Keeley Fund Management.
Buy: EVP/Treasurer/CFO Mark J Rittenbaum bought 5,000 shares of GBX stock on 02/04/2009 at the average price of $5.62; the price of the stock has increased by 61.03% since.
ValueVision Media Inc. (VVTV): President & CEO Keith R Stewart Bought 90,000 Shares
President & CEO of ValueVision Media Inc. (VVTV) Keith R Stewart bought 90,000 shares on 07/15/2009 at an average price of $1.99. VALUEVISION INTERNATIONAL IN is a home-shopping retailer in the United States. Through its continuous merchandise-focused television programming it sells a wide variety of products directly to consumers. The products are presented by on-air hosts and orders are processed on-site by its telemarketing service representatives who use its customized computer processing system which provides real-time feedback to the on- air hosts. ValueVision Media Inc. has a market cap of $64.1 million; its shares were traded at around $1.99 with and P/S ratio of 0.1.
ValueVision Media recently reported its first quarter fiscal 2009 results. The company announced that its first quarter revenues were $134 million, down about 14% from results a year ago. This decline was caused mainly by a 26% decrease in average selling price, which was offset by a 10% decline in unit volume.
Buy: SVP & CFO Frank Elsenbast bought 15,000 shares of VVTV stock on 03/02/2009 at the average price of $0.33; the price of the stock has increased by 503.03% since.
Tier Technologies Inc. (TIER): CEO Ronald L Rossetti Bought 20,000 Shares
CEO of Tier Technologies Inc. (TIER) Ronald L Rossetti bought 20,000 shares on 07/14/2009 at an average price of $7.5. Tier Technologies Inc. provides information technology consulting application development software engineering training and business process outsourcing services that facilitate the transformation of clients' enterprise-wide legacy systems and applications to leading edge technologies. The company has a market cap of $146.4 million; its shares were traded at around $7.5 with and P/S ratio of 1.2.
Tier Technologies recently reported its second quarter results. The company announced that its revenue was $28.6 million, a 10.2% increase over the results for the second quarter of 2008. "I am pleased that we have completed the restructuring of the company and are now able to focus all of our attention and resources on advancing our electronic payments solutions in the biller direct market," said Ronald L. Rossetti, Chairman and Chief Executive Officer of Tier Technologies.
Buy: COO Nina K Vellayan bought 2,000 shares of TIER stock on 06/15/2009 at the average price of $7.14; the price of the stock has increased by 5.04% since. Many other insiders are increasing their positions in the company.
Southern Union Company (SUG): Chairman & CEO George L Lindemann Bought 1,224 Shares
Chairman & CEO of Southern Union Company (SUG) George L Lindemann bought 1,224 shares on 07/10/2009 at an average price of $18.8. Southern Union is a natural gas utilities company whose principal line of business is the distribution of natural gas as a public utility through its operating divisions principally in Texas Missouri Florida Pennsylvania Rhode Island and Massachusetts. Southern Union Company has a market cap of $2.33 billion; its shares were traded at around $18.8 with a P/E ratio of 10.5 and P/S ratio of 0.7. The dividend yield of Southern Union Company stocks is 3.2%. Southern Union Company had an annual average earning growth of 20.3% over the past 10 years.
Ron Baron owns 6,919,443 shares as of 03/31/2009, which accounts for 1.09% of the $9.64 billion portfolio of Baron Funds.
Buy: SVP & CFO Richard N Marshall bought 98 shares of SUG stock on 07/10/2009 at the average price of $16.93; the price of the stock has increased by 11.05% since.
Keithley Instruments Inc. (KEI): Director, Chairman, CEO, 10% Owner Joseph P Keithley Bought 2,422 Shares
Director, Chairman, CEO, 10% Owner of Keithley Instruments Inc. (KEI) Joseph P Keithley bought 2,422 shares on 07/15/2009 at an average price of $4.84. Keithley Instruments Inc. develop manufacture and sell measurement systems geared to the specialized needs of electronics manufacturers for high-performance production testing process monitoring product development and research. The company's primary products are computer-based systems or employ computer technology for control data storage display or analysis purposes. The company has a market cap of $75.6 million; its shares were traded at around $4.84 with and P/S ratio of 0.4. The dividend yield of Keithley Instruments Inc. stocks is 1.1%.
Keithley recently reported its second quarter results. The company announced ney sales of $24 million, a decrease of $15.9 million, or 40%, compared with results from a year ago. Net sales also decreased 23% compared to the first quarter of 2009.
NWQ Managers owns 1,742,979 shares as of 03/31/2009, which accounts for 0.05% of the $12.77 billion portfolio of NWQ Investment Management Co.
Sell: Director Brian R Bachman sold 2,000 shares of KEI stock on 05/19/2009 at the average price of $4.11; the price of the stock has increased by 17.76% since.
For the complete list of stocks that bought by their company CEOs, go to: CEO Buys.
The Greenbrier Companies Inc. (GBX): President & CEO William A Furman Bought 28,320 Shares
President & CEO of The Greenbrier Companies Inc. (GBX) William A Furman bought 28,320 shares during the past week at an average price of $9.05. Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The Greenbrier Companies Inc. has a market cap of $151.1 million; its shares were traded at around $9.05 with and P/S ratio of 0.1. The Greenbrier Companies Inc. had an annual average earning growth of 3.4% over the past 10 years.
The Greenbrier Companies recently reported its third quarter 2009 results. The company announced that its revenue was $244 million, down 36% from results from a year ago.William A. Furman, president and chief executive officer, said, "The sequential improvement in our quarterly financial results as compared to the first two quarters of 2009 was due to stronger performance in our manufacturing and refurbishment & parts business segments. Nevertheless, our markets remain challenging in light of the ongoing global economic recession. Year-to-date rail loadings in North America are down about 20%, and it is estimated that about 20% - 25% of the entire North American railcar fleet remains idle. In this environment, we continue to scale our operations to reflect the current economic situation, control costs and expenditures, manage the Company for cash flow, and seek to pay down debt. During the quarter, we paid down net debt by an additional $19 million. We expect this trend to continue in the fourth quarter."
John Keeley owns 1,964,700 shares as of 03/31/2009, which accounts for 0.15% of the $4.75 billion portfolio of Keeley Fund Management.
Buy: EVP/Treasurer/CFO Mark J Rittenbaum bought 5,000 shares of GBX stock on 02/04/2009 at the average price of $5.62; the price of the stock has increased by 61.03% since.
ValueVision Media Inc. (VVTV): President & CEO Keith R Stewart Bought 90,000 Shares
President & CEO of ValueVision Media Inc. (VVTV) Keith R Stewart bought 90,000 shares on 07/15/2009 at an average price of $1.99. VALUEVISION INTERNATIONAL IN is a home-shopping retailer in the United States. Through its continuous merchandise-focused television programming it sells a wide variety of products directly to consumers. The products are presented by on-air hosts and orders are processed on-site by its telemarketing service representatives who use its customized computer processing system which provides real-time feedback to the on- air hosts. ValueVision Media Inc. has a market cap of $64.1 million; its shares were traded at around $1.99 with and P/S ratio of 0.1.
ValueVision Media recently reported its first quarter fiscal 2009 results. The company announced that its first quarter revenues were $134 million, down about 14% from results a year ago. This decline was caused mainly by a 26% decrease in average selling price, which was offset by a 10% decline in unit volume.
Buy: SVP & CFO Frank Elsenbast bought 15,000 shares of VVTV stock on 03/02/2009 at the average price of $0.33; the price of the stock has increased by 503.03% since.
Tier Technologies Inc. (TIER): CEO Ronald L Rossetti Bought 20,000 Shares
CEO of Tier Technologies Inc. (TIER) Ronald L Rossetti bought 20,000 shares on 07/14/2009 at an average price of $7.5. Tier Technologies Inc. provides information technology consulting application development software engineering training and business process outsourcing services that facilitate the transformation of clients' enterprise-wide legacy systems and applications to leading edge technologies. The company has a market cap of $146.4 million; its shares were traded at around $7.5 with and P/S ratio of 1.2.
Tier Technologies recently reported its second quarter results. The company announced that its revenue was $28.6 million, a 10.2% increase over the results for the second quarter of 2008. "I am pleased that we have completed the restructuring of the company and are now able to focus all of our attention and resources on advancing our electronic payments solutions in the biller direct market," said Ronald L. Rossetti, Chairman and Chief Executive Officer of Tier Technologies.
Buy: COO Nina K Vellayan bought 2,000 shares of TIER stock on 06/15/2009 at the average price of $7.14; the price of the stock has increased by 5.04% since. Many other insiders are increasing their positions in the company.
Southern Union Company (SUG): Chairman & CEO George L Lindemann Bought 1,224 Shares
Chairman & CEO of Southern Union Company (SUG) George L Lindemann bought 1,224 shares on 07/10/2009 at an average price of $18.8. Southern Union is a natural gas utilities company whose principal line of business is the distribution of natural gas as a public utility through its operating divisions principally in Texas Missouri Florida Pennsylvania Rhode Island and Massachusetts. Southern Union Company has a market cap of $2.33 billion; its shares were traded at around $18.8 with a P/E ratio of 10.5 and P/S ratio of 0.7. The dividend yield of Southern Union Company stocks is 3.2%. Southern Union Company had an annual average earning growth of 20.3% over the past 10 years.
Ron Baron owns 6,919,443 shares as of 03/31/2009, which accounts for 1.09% of the $9.64 billion portfolio of Baron Funds.
Buy: SVP & CFO Richard N Marshall bought 98 shares of SUG stock on 07/10/2009 at the average price of $16.93; the price of the stock has increased by 11.05% since.
Keithley Instruments Inc. (KEI): Director, Chairman, CEO, 10% Owner Joseph P Keithley Bought 2,422 Shares
Director, Chairman, CEO, 10% Owner of Keithley Instruments Inc. (KEI) Joseph P Keithley bought 2,422 shares on 07/15/2009 at an average price of $4.84. Keithley Instruments Inc. develop manufacture and sell measurement systems geared to the specialized needs of electronics manufacturers for high-performance production testing process monitoring product development and research. The company's primary products are computer-based systems or employ computer technology for control data storage display or analysis purposes. The company has a market cap of $75.6 million; its shares were traded at around $4.84 with and P/S ratio of 0.4. The dividend yield of Keithley Instruments Inc. stocks is 1.1%.
Keithley recently reported its second quarter results. The company announced ney sales of $24 million, a decrease of $15.9 million, or 40%, compared with results from a year ago. Net sales also decreased 23% compared to the first quarter of 2009.
NWQ Managers owns 1,742,979 shares as of 03/31/2009, which accounts for 0.05% of the $12.77 billion portfolio of NWQ Investment Management Co.
Sell: Director Brian R Bachman sold 2,000 shares of KEI stock on 05/19/2009 at the average price of $4.11; the price of the stock has increased by 17.76% since.
For the complete list of stocks that bought by their company CEOs, go to: CEO Buys.
