Weekly CEO Buy Highlights: Eagle Bancorp, The Cushing MLP Total Return Fund, Fredericks Hollywood Group, Union Bankshares Corp, HCC Insurance Holdings

Weekly CEO Buy Highlights: EGBN, SRV, FOH, UBSH, HCC,

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Sep 20, 2009
Last week's top stocks that were bought by their CEOs were Eagle Bancorp Inc, The Cushing MLP Total Return Fund, FREDERICKS HOLLYWOOD GROUP INC COM, Union Bankshares Corp, and HCC Insurance Holdings Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.


Eagle Bancorp Inc. (EGBN, Financial): President & CEO Ronald D Paul Bought 304,878 Shares


President & CEO of Eagle Bancorp Inc. (EGBN) Ronald D Paul bought 304,878 shares on 09/16/2009 at an average price of $8.75. EAGLE BANCORP is the holding company for EagleBank. The Bank is headquartered in Bethesda, Maryland and conducts full service commercial banking services through nine offices located in Montgomery County Maryland and Washington D.C. The Company focuses on building relationships with businesses professionals and individuals in its marketplace. Eagle Bancorp Inc. has a market cap of $111.6 million; its shares were traded at around $8.75 with a P/E ratio of 14.2 and P/S ratio of 1.6.


Eagle recently reported its second quarter results. The company announced that it had a net income of $2.7 million for the quarter. Net income available to common shareholders was $2.1 million.


Buy: Executive Vice President/CFO James H Langmead bought 3,000 shares of EGBN stock on 09/16/2009 at the average price of $8.2; the price of the stock has increased by 6.71% since.


The Cushing MLP Total Return Fund (SRV, Financial): President and CEO Jerry V Swank Bought 50,000 Shares


President and CEO of The Cushing MLP Total Return Fund (SRV) Jerry V Swank bought 50,000 shares on 09/14/2009 at an average price of $6.46. The Cushing MLP Total Return Fund has a market cap of $127.4 million; its shares were traded at around $6.46 . The dividend yield of The Cushing MLP Total Return Fund stocks is 8.2%.


Fredericks Hollywood Group (FOH, Financial): Chairman and CEO Thomas Jerome Lynch Bought 14,500 Shares


Chairman and CEO of FREDERICKS HOLLYWOOD GROUP INC COM (FOH) Thomas Jerome Lynch bought 14,500 shares during the past week at an average price of $2.42. FREDERICK'S OF HOLLYWOOD has been recognized as one of the world's most well known brands with more than 135 specialty retail stores nationwide a world-famous catalog. By keeping an eye toward modern Hollywood as well as its own legendary history FREDERICK'S OF HOLLYWOOD creates innovative alluring lingerie that is coveted by its customers and celebrities alike. Fredericks Hollywood Group Inc Com has a market cap of $63.9 million; its shares were traded at around $2.42 with and P/S ratio of 0.3.


Frederick's recently reported its financial results for the third quarter and nine months that ended on April 25, 2009. Net sales for the fiscal 2009 third quarter decreased to $46,766,000 from $60,841,000 for the fiscal 2008 third quarter. The decrease was primarily due to a reduction in wholesale net sales as a result of a $13,131,000 decrease in sales to the wholesale division’s largest customer, and, to a lesser extent, a $1,152,000 reduction in retail net sales.


Buy: President Linda Lore bought 10,748 shares of FOH stock on 08/25/2009 at the average price of $1.77; the price of the stock has increased by 36.72% since. Many other insiders have also been increasing their positions in the company.


Union Bankshares Corp. (UBSH, Financial): President and CEO G William Beale Bought 1,900 Shares


President and CEO of Union Bankshares Corp. (UBSH) G William Beale bought 1,900 shares on 09/16/2009 at an average price of $13.1. Union Bankshares Corporation is a multi-bank holding company. Union Bankshares Corp. has a market cap of $178 million; its shares were traded at around $13.1 with a P/E ratio of 23.5 and P/S ratio of 1.1. The dividend yield of Union Bankshares Corp. stocks is 1.8%. Union Bankshares Corp. had an annual average earning growth of 11.4% over the past 5 years.


Buy: EVP & CFO D Anthony Peay bought 500 shares of UBSH stock on 09/16/2009 at the average price of $13.25; the price of the stock has decreased by 1.13% since.


HCC Insurance Holdings Inc. (HCC, Financial): President & CEO John Niels Jr Molbeck Bought 10,000 Shares


President & CEO of HCC Insurance Holdings Inc. (HCC) John Niels Jr Molbeck bought 10,000 shares on 09/14/2009 at an average price of $27.8. HCC through its subsidiaries provides specialized property & casualty insurance coverages managing general agency services & insurance related services both to commercial customers & individuals. The company has a market cap of $3.12 billion; its shares were traded at around $27.8 with a P/E ratio of 9.7 and P/S ratio of 1.3. The dividend yield of Hcc Insurance Holdings Inc. stocks is 1.8%. Hcc Insurance Holdings Inc. had an annual average earning growth of 15.5% over the past 10 years. GuruFocus rated Hcc Insurance Holdings Inc. the business predictability rank of 2.5-star.


Third Avenue Management bought 284,576 shares in the quarter that ended on 06/30/2009, which is 0.16% of the $4.36 billion portfolio of Third Avenue Management. NWQ Managers bought 143,497 shares in the quarter that ended on 06/30/2009, which is 0.02% of the $14.8 billion portfolio of NWQ Investment Management Co. John Rogers owns 1,780,032 shares as of 06/30/2009, an increase of 11.59% from the previous quarter. This position accounts for 1.16% of the $3.7 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC.


Buy: Director Robert A Rosholt bought 9,400 shares of HCC stock on 09/08/2009 at the average price of $26.3; the price of the stock has increased by 5.7% since. Other insider shave also increased their positions in the company.


For the complete list of stocks that bought by their company CEOs, go to: CEO Buys.