Weekly CEO Buys Highlight: The DIRECTV Group Inc, Wonder Auto Technology Inc, Saul Centers Inc, Atwood Oceanics Inc, FreightCar America Inc.

Weekly CEO Buys Highlight: DTV, WATG, BFS, ATW, RAIL

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Mar 06, 2010
Last week’s top five stocks that were bought by their CEOs were The DIRECTV Group Inc, Wonder Auto Technology Inc, Saul Centers Inc, Atwood Oceanics Inc, and FreightCar America Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

The DIRECTV Group Inc. (DTV, Financial): President and CEO Michael D White Bought 59,400 Shares

President and CEO of The DIRECTV Group Inc. (DTV) Michael D White bought 59,400 shares on 02/24/2010 at an average price of $34.95.

DIRECTV Class A is a provider of digital multichannel television entertainment, broadband satellite networks and services, and global video and data broadcasting in the United States and Latin America. The DIRECTV Group Inc. company has a market cap of $33.44 billion; its shares were traded at around $34.95 with a P/E ratio of 24.1 and P/S ratio of 1.5. The DIRECTV Group Inc. had an annual average earning growth of 12.7% over the past 10 years.

Directv recently reported its full year 2009 results. Fourth quarter 2009 consolidated revenues increased 13% to $5.98 billion, operating profit before depreciation and amortization1 increased 22% to $1.49 billion while operating profit increased 49% to $862 million compared to last year's fourth quarter. Fourth quarter net income attributable to DIRECTV declined to a loss of $32 million while earnings per share fell to a loss of $0.03 compared with the same period last year.

Seth Klarman bought 1,617,471 shares in the quarter that ended on 12/31/2009, which is 3.98% of the $1.36 billion portfolio of The Baupost Group. Chris Davis owns 9,363,538 shares as of 12/31/2009, an increase of 14599.4% from the previous quarter. Andreas Halvorsen owns 4,569,700 shares as of 12/31/2009, a decrease of 51.63% of from the previous quarter.

Sell:: EVP and CFO Patrick T Doyle sold 14,890 shares of DTV stock on 02/24/2010 at the average price of 33.76, the price of the stock has increased by 3.52% since. There are mixed trades from the other insiders.

Wonder Auto Technology Inc. (WATG, Financial): CEO and President, 10% Owner Qingjie Zhao Bought 126,787 Shares

CEO and President, 10% Owner of Wonder Auto Technology Inc. (WATG) Qingjie Zhao bought 126,787 shares on 02/24/2010 at an average price of $10.47. WONDER AUTO TECHNOLOGY, INC., which is located in Liaoning, China, owning five subsidiaries at present, two of them are under construction. Wonder Auto Technology Inc. has a market cap of $345.1 million; its shares were traded at around $10.47 with a P/E ratio of 12.8 and P/S ratio of 1.7.

Saul Centers Inc. (BFS, Financial): CEO, 10% Owner B Francis Saul Ii Bought 21,609 Shares

CEO, 10% Owner of Saul Centers Inc. (BFS) B Francis Saul Ii bought 21,609 shares during the past week at an average price of $38.

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 $684.5 million; its shares were traded at around $38 with a P/E ratio of 14.1 and P/S ratio of 4.2. The dividend yield of Saul Centers Inc. stocks is 3.9%. 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 fourth quarter 2009 earnings. Total revenue for the three months ended December 31, 2009 increased 2.9% to $41,735,000 compared to $40,571,000 for the three months ended December 31, 2008. Operating income decreased 1.8% to $11,638,000 for the 2009 Quarter compared to $11,853,000 for the 2008 Quarter.

Atwood Oceanics Inc. (ATW, Financial): President & CEO Robert J. Saltiel Bought 10,000 Shares

President & CEO of Atwood Oceanics Inc. (ATW) Robert J. Saltiel bought 10,000 shares on 03/01/2010 at an average price of $36.2.

Atwood Oceanics, Inc., its international operating subsidiary, Atwood Oceanics Pacific Limited and related subsidiaries are engaged in the business of international offshore drilling and completion of exploratory and developmental oil and gas wells as well as related support, management, and consulting services. It has a market cap of $2.33 billion; its shares were traded at around $36.2 with a P/E ratio of 9.8 and P/S ratio of 3.9. Atwood Oceanics Inc. had an annual average earning growth of 7.8% over the past 10 years.

Atwood recently reported earnings for the first quarter of 2010. It announced that the company earned a net income of $66,984,000 or $1.03 per diluted share, on revenues of $164,243,000 for the quarter ended December 31, 2009 compared to net income of $78,363,000 or $1.22 per diluted share, on revenues of $165,504,000 for the quarter ended December 31, 2008.

Robert Rodriguez owns 676,100 shares as of 12/31/2009, which accounts for 2.87% of the $845 million portfolio of FPA Capital. Jean-Marie Eveillard owns 2,630 shares as of 12/31/2009, which accounts for less than 0.01% of the $10.84 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.

Sell:: Senior Vice President - Operat Alan Quintero sold 15,000 shares of ATW stock on 10/16/2009 at the average price of 39.24, the price of the stock has decreased by 7.75% since. Other insiders have also decreased their positions in the company.

FreightCar America Inc. (RAIL, Financial): President and CEO Edward J Whalen Bought 10,000 Shares

President and CEO of FreightCar America Inc. (RAIL) Edward J Whalen bought 10,000 shares on 02/26/2010 at an average price of $24.81. FreightCar America, Inc. manufactures railroad freight cars, with particular expertise in coal-carrying railcars. Freightcar America Inc. has a market cap of $296.5 million; its shares were traded at around $24.81 with a P/E ratio of 62 and P/S ratio of 1.1. The dividend yield of Freightcar America Inc. stocks is 1%.

FreightCar America recently reported its fourth quarter and full year 2009 results. Sales for the quarter (4th quarter 2009) were down 10% from third quarter 2009 sales of $55.1 million and down significantly over fourth quarter 2008 sales of $271.9 million. Railcar deliveries totaled 697 units in the quarter, compared to 695 units delivered in the third quarter of 2009 and 3,624 units delivered in the fourth quarter of 2008.

Arnold Schneider owns 141,132 shares as of 12/31/2009, an increase of 100.45% from the previous quarter. This position accounts for 0.15% of the $1.83 billion portfolio of Schneider Capital Management.

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