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Weekly CEO Buys Highlight: A. Schulman Inc, Saul Centers Inc, Supervalu Inc, Enterprise Financial Services Corp, Casual Male Retail Group Inc.

January 16, 2010 | About:
David Merkel

guruty

1 followers
Last week’s top five stocks that were bought by their CEOs were A. Schulman Inc, Saul Centers Inc, Supervalu Inc, Enterprise Financial Services Corp, and Casual Male Retail Group Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

A. Schulman Inc. (SHLM): CEO Joseph M Gingo Bought 20,000 Shares

CEO of A. Schulman Inc. (SHLM) Joseph M Gingo bought 20,000 shares during the past week at an average price of $23.07. Schulman Inc. sells plastic resins to customers who use the products as raw materials in their manufacturing operations. The Company has a market cap of $602.1 million; its shares were traded at around $23.07 with a P/E ratio of 24.2 and P/S ratio of 0.4. The dividend yield of A. Schulman Inc. stocks is 2.6%. A. Schulman Inc. had an annual average earning growth of 2.5% over the past 5 years.

A Schulman recently reported strong fourth quarter and full year 2009 results. The company announced that gross margins improved for the fiscal fourth quarter ended August 31, 2009, compared with the same period last year, and sequential improvement continued from March through the end of the 2009 fiscal year. Gross margin for the quarter was 16.3% of net sales, an increase of 420 basis points from 12.1% for the fourth quarter of last year.

Arnold Schneider owns 252,805 shares as of 09/30/2009, a decrease of 28.7% of from the previous quarter. This position accounts for 0.28% of the $1.81 billion portfolio of Schneider Capital Management.

Buy:: VP-Finance and CFO Paul F Desantis bought 900 shares of SHLM stock on 01/13/2010 at the average price of 22.6, the price of the stock has increased by 2.08% since. Other insiders have also increased their positions in the company.

Saul Centers Inc. (BFS): CEO, 10% Owner B Francis Saul Ii Bought 13,000 Shares

CEO, 10% Owner of Saul Centers Inc. (BFS) B Francis Saul Ii bought 13,000 shares during the past week at an average price of $33.83. SAUL CENTERS, INC. is a real estate investment trust which is engaged in the management and development of the shopping center business of the Saul Organization. Saul Centers Inc. has a market cap of $609.4 million; its shares were traded at around $33.83 with a P/E ratio of 12.7 and P/S ratio of 3.8. The dividend yield of Saul Centers Inc. stocks is 4.3%. Saul Centers Inc. had an annual average earning growth of 7.1% over the past 5 years. GuruFocus rated Saul Centers Inc. the business predictability rank of 2.5-star.

Saul Centers recently reported its third quarter 2009 results. The company announced that its total revenue for the three months ended September 30, 2009 decreased 1.6% to $40,273,000 compared to $40,947,000 for the three months ended September 30, 2008.

Buy:: CEO, 10% Owner B Francis Saul Ii bought 5,000 shares of BFS stock on 01/08/2010 at the average price of 34, the price of the stock has decreased by 0.5% since.

Supervalu Inc. (SVU): CEO & President Craig R Herkert Bought 25,000 Shares

CEO & President of Supervalu Inc. (SVU) Craig R Herkert bought 25,000 shares on 01/15/2010 at an average price of $14.32. SUPERVALU is one of the nation's largest supermarket retailer and largest food distributor. The company has a market cap of $3.04 billion; its shares were traded at around $14.32 with a P/E ratio of 6 and P/S ratio of 0.1. The dividend yield of Supervalu Inc. stocks is 4.8%. Supervalu Inc. had an annual average earning growth of 5.8% over the past 10 years.

HOTCHKIS & WILEY bought 1,219,200 shares in the quarter that ended on 09/30/2009, which is 0.13% of the $14.26 billion portfolio of HOTCHKIS & WILEY Capital Management LLC.

John Keeley owns 289,500 shares as of 09/30/2009, a decrease of 72.48% of from the previous quarter. This position accounts for 0.07% of the $6.65 billion portfolio of Keeley Fund Management.

Buy:: CEO & President Craig R Herkert bought 25,000 shares of SVU stock on 01/15/2010 at the average price of 14.34, the price of the stock has decreased by 0.14% since.

Enterprise Financial Services Corp. (EFSC): President & CEO Peter Benoist Bought 19,060 Shares

President & CEO of Enterprise Financial Services Corp. (EFSC) Peter Benoist bought 19,060 shares on 01/12/2010 at an average price of $9.23. Enterprise Financial operates commercial banking and wealth management businesses in metropolitan St. Louis and Kansas City. Enterprise Financial Services Corp. has a market cap of $118.5 million; its shares were traded at around $9.23 with and P/S ratio of 0.8. The dividend yield of Enterprise Financial Services Corp. stocks is 2.3%.

Enterprise Financial Services recently reported its third quarter 2009 results. The company reported net income of $4.7 million for the quarter ended September 30, 2009 compared to $1.2 million for the prior year period. After deducting dividends on preferred stock, the Company reported net income of $0.31 per fully diluted share for the third quarter of 2009 compared to $0.09 per fully diluted share for the third quarter of 2008.

Buy:: EVP & CFO Frank H Sanfilippo bought 12,360 shares of EFSC stock on 01/12/2010 at the average price of 8.09, the price of the stock has increased by 14.09% since. Other insiders have also increased their positions in the company.

Casual Male Retail Group Inc. (CMRG): President, CEO David A Levin Bought 60,000 Shares

President, CEO of Casual Male Retail Group Inc. (CMRG) David A Levin bought 60,000 shares on 01/07/2010 at an average price of $3.13. Casual Male Retail Group, Inc. operates Casual Male Big & Tall stores, Levi's Outlet by Designs and Dockers Outlet by Designs stores, Candies Outlet stores and Ecko Unltd. outlet stores located throughout the United States and Puerto Rico. Casual Male Retail Group Inc. has a market cap of $147.6 million; its shares were traded at around $3.13 with and P/S ratio of 0.3. Casual Male Retail Group Inc. had an annual average earning growth of 7.1% over the past 5 years.

Casual Male Retail Group recently reported its third quarter 2009 results. The company announced that its net income was $2.6 million, or $0.06 per diluted share, as compared to a net loss of $1.2 million, or $(0.03) per diluted share for the first nine months of fiscal 2008. Sales for the first nine months of fiscal 2009 decreased in total by 11.4%, and by 11.8% on a comparable basis, to $284.5 million from $321.1 million for the first nine months of fiscal 2008.

Ken Heebner bought 160,000 shares in the quarter that ended on 09/30/2009, which is 0.01% of the $6.72 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. George Soros bought 18,700 shares in the quarter that ended on 09/30/2009, which is less than 0.01% of the $4.41 billion portfolio of Soros Fund Management LLC.

Buy:: Director, 10% Owner Seymour Holtzman bought 20,800 shares of CMRG stock on 01/07/2010 at the average price of 2.25, the price of the stock has increased by 39.11% since.

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

About the author:

guruty
David J. Merkel, FSA, CFA, is the Chief Economist and Director of Research of Finacorp Securities. His specialty is looking at the interlinkages in the markets in order to understand individual markets better. He holds bachelor’s and master’s degrees from Johns Hopkins University. In his spare time, he takes care of his eight children with his wonderful wife Ruth.

Rating: 3.0/5 (8 votes)

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