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Weekly CEO Buys Highlight: Arlington Asset Investment Corp, SAIC Inc, FIFTH STREET FINANCE, DPL Inc, Zoltek Companies Inc.

December 19, 2009 | About:
Last week’s top five stocks that were bought by Gurus were Arlington Asset Investment Corp, SAIC Inc, FIFTH STREET FINANCE, DPL Inc, and Zoltek Companies Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Arlington Asset Investment Corp. (AI): Chairman & CEO Eric F Billings Bought 150,000 Shares

Chairman & CEO of Arlington Asset Investment Corp. (AI) Eric F Billings bought 150,000 shares on 12/10/2009 at an average price of $15.2. Arlington Asset Investment Corporation is a publicly traded company that invests on a leveraged basis in residential mortgage-backed securities (MBS), including collateralized mortgage obligations (CMOs). The company has a market cap of $120.3 million; its shares were traded at around $15.2 with and P/S ratio of 0.2.

AI recently announced its third quarter results. The company said that it reported net income of $42.4 million for the quarter ended September 30, 2009, or $5.38 per share (diluted), compared to a net loss of $169.0 million, or $22.34 per share (diluted) for the quarter ended September 30, 2008. For the nine months ended September 30, 2009, the Company reported net income of $111.8 million, or $14.28 per share (diluted), compared to a net loss of $149.0 million, or $19.71 per share (diluted) for the nine months ended September 30, 2008. As of September 30, 2009, book value per share was $17.84. The per share data reflect the impact of a 1-for-20 reverse stock split that was effective on October 6, 2009.

Charles Brandes owns 3,339,090 shares as of 09/30/2009, which accounts for 0.01% of the $21.32 billion portfolio of Brandes Investment.

Sell:: 10% Owner Management Llc Passport sold 34,990 shares of AI stock on 07/13/2009 at the average price of 7, the price of the stock has increased by 117.14% since. Excluding the company’s CEO, other insiders have also decreased their positions in the company.

SAIC Inc. (SAI): CEO Walter P Havenstein Bought 28,000 Shares

CEO of SAIC Inc. (SAI) Walter P Havenstein bought 28,000 shares on 12/17/2009 at an average price of $18.85. SAIC INC is a scientific, engineering, and technology applications company. Saic Inc. has a market cap of $3.95 billion; its shares were traded at around $18.85 with a P/E ratio of 15.2 and P/S ratio of 0.4.

SAIC recently reported its second quarter fiscal year 2010 results. The company announced that its revenues were up 8% compared to results from a year ago, to $2.75 million. Operating income was up1 7%, and diluted EPS was up 19 percent, to 31 cents per share.

Ron Baron owns 2,728,224 shares as of 09/30/2009, which accounts for 0.35% of the $13.75 billion portfolio of Baron Funds.

Buy:: Director Thomas F Frist Iii bought 450,000 shares of SAI stock on 10/02/2009 at the average price of 17.39, the price of the stock has increased by 8.4% since. However, other insiders have decreased their positions in the company.

FIFTH STREET FINANCE (FSC): CEO & President Leonard M Tannenbaum Bought 20,000 Shares

CEO & President of FIFTH STREET FINANCE (FSC) Leonard M Tannenbaum bought 20,000 shares on 12/15/2009 at an average price of $10.29. FIFTH STREET FINANCE CORP. is a specialty finance company that lends to and invests in small and mid-sized companies in connection with an investment by private equity sponsors. It has a market cap of $381.7 million; its shares were traded at around $10.29 with a P/E ratio of 7.9 and P/S ratio of 7.6. The dividend yield of Fifth Street Finance stocks is 10.5%.

Fifth Street Finance recently reported its second quarter results. The company announced that its net investment income for the quarter was $7.9 million, or 35 cents per share, compared to $5.1 million a year ago.

David Einhorn owns 2,284,492 shares as of 09/30/2009, which accounts for 0.96% of the $2.6 billion portfolio of Greenlight Capital Inc.

Buy:: CCO, Exec. V.P.& Sec Bernard D Berman bought 1,000 shares of FSC stock on 12/16/2009 at the average price of 10.25, the price of the stock has increased by 0.39% since. Other insiders have also increased their positions in the company.

DPL Inc. (DPL): President & CEO Paul M Barbas Bought 6,000 Shares

President & CEO of DPL Inc. (DPL) Paul M Barbas bought 6,000 shares on 12/17/2009 at an average price of $27.9. DPL Inc. is a holding company. Dpl Inc. has a market cap of $3.34 billion; its shares were traded at around $27.9 with a P/E ratio of 12.5 and P/S ratio of 2.1. The dividend yield of Dpl Inc. stocks is 4.1%. Dpl Inc. had an annual average earning growth of 2.2% over the past 10 years.

George Soros bought 12,900 shares in the quarter that ended on 09/30/2009, which is 0.01% of the $4.41 billion portfolio of Soros Fund Management LLC. John Hussman owns 300,000 shares as of 09/30/2009, which accounts for 0.15% of the $5.36 billion portfolio of Hussman Economtrics Advisors, Inc..

Buy:: SVP, CFO & Treasurer Frederick J Boyle bought 10,500 shares of DPL stock on 12/16/2009 at the average price of 28.48, the price of the stock has decreased by 2.04% since. Many other insiders have also increased their positions in the company.

Zoltek Companies Inc. (ZOLT): Chair. of the Board, Pres.,CEO, 10% Owner Zsolt Rumy Bought 10,000 Shares

Chair. of the Board, Pres.,CEO, 10% Owner of Zoltek Companies Inc. (ZOLT) Zsolt Rumy bought 10,000 shares on 12/11/2009 at an average price of $9.24. Zoltek Companies, Inc. is an applied technology and advanced materials company. Zoltek Companies Inc. has a market cap of $318 million; its shares were traded at around $9.24 with and P/S ratio of 2.3.

Zoltek recently reported its full year and fourth quarter 2009 results. The company reported net sales of $33.8 million, which compared to $51.0 million in the fourth quarter of fiscal 2008, a decrease of 33.7%. On a sequential quarter basis, sales for the latest quarter increased $3.5 million or 11.6% from the third quarter of fiscal 2009. Zoltek reported an operating loss of $1.9 million for the latest quarter, which included the negative effect of $3.0 million in available unused capacity costs. In the fourth quarter of the previous fiscal year, Zoltek reported an operating loss of $0.4 million.

Buy:: COO Karen M Bomba bought 500 shares of ZOLT stock on 08/19/2009 at the average price of 8.88, the price of the stock has increased by 4.05% since

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

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