Weekly CEO Buys Highlight: Saul Centers Inc, Winmark Corp, Flow International Corp, Spectrum Pharmaceuticals Inc, Full House Resorts Inc.

Weekly CEO Buys Highlight: BFS, WINA, FLOW, SPPI, FLL

Author's Avatar
Apr 10, 2010
Last week’s top five stocks that were bought by their CEOs were Saul Centers Inc, Winmark Corp, Flow International Corp, Spectrum Pharmaceuticals Inc, and Full House Resorts Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Saul Centers Inc. (BFS, Financial): CEO, 10% Owner B Francis Saul Ii Bought 18,000 Shares

CEO, 10% Owner of Saul Centers Inc. (BFS) B Francis Saul Ii bought 18,000 shares during the past week at an average price of $41.94. 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 $759.7 million; its shares were traded at around $41.94 with and P/S ratio of 4.6. The dividend yield of Saul Centers Inc. stocks is 3.4%. Saul Centers Inc. had an annual average earning growth of 2.8% over the past 10 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.

Sell:: Sr. Vice Pres-Retail Devel. John F Collich sold 7,750 shares of BFS stock on 03/15/2010 at the average price of 38.74, the price of the stock has increased by 8.26% since.

Winmark Corp. (WINA, Financial): Chairman & CEO, 10% Owner John L Morgan Bought 3,700 Shares

Chairman & CEO, 10% Owner of Winmark Corp. (WINA) John L Morgan bought 3,700 shares on 04/07/2010 at an average price of $24.43. Winmark Corporation is a franchise company that franchises seven retail concepts which buy, sell, trade and consign merchandise. Winmark Corp. has a market cap of $125.2 million; its shares were traded at around $24.43 with a P/E ratio of 22.4 and P/S ratio of 3.4.

Winmark recently reported its full year 2009 results. The company reported net income for the year ended December 26, 2009 of $5,849,000 or $1.10 per share diluted, compared to net income of $1,139,400 or $.21 per share diluted, in 2008. John Morgan, Chairman and Chief Executive Officer, stated “We finished 2009 with strong performance from our franchising business and improved profitability from our leasing activities. We are satisfied with our results in 2009 and feel we are well positioned for 2010.”

Buy:: Director Kirk A Mackenzie bought 3,000 shares of WINA stock on 03/01/2010 at the average price of 20.34, the price of the stock has increased by 20.11% since. However, other insiders have decreased their positions in the company.

Flow International Corp. (FLOW, Financial): President & CEO Charles M Brown Bought 15,000 Shares

President & CEO of Flow International Corp. (FLOW) Charles M Brown bought 15,000 shares on 04/07/2010 at an average price of $3.34. Flow International Corporation is the world's developer and manufacturer of ultrahigh-pressure waterjet technology for cutting, cleaning and food safety applications. Flow International Corp. has a market cap of $156.5 million; its shares were traded at around $3.34 with and P/S ratio of 0.7.

FLOW recently reported its fourth quarter results. For the quarter, Flow reported consolidated revenues of $45.4 million, a sequential increase of 8% compared to $42.0 million in the fiscal 2010 second quarter. This follows the previously reported 11% sequential revenue growth in the second quarter compared to first quarter of fiscal 2010. Revenue in the year-ago third quarter was $48.7 million.

Arnold Schneider bought 122,073 shares in the quarter that ended on 12/31/2009, which is 0.02% of the $1.83 billion portfolio of Schneider Capital Management.

Buy:: Director Lorenzo Cesar Lamadrid bought 10,000 shares of FLOW stock on 04/08/2010 at the average price of 3.18, the price of the stock has increased by 5.03% since.

Spectrum Pharmaceuticals Inc. (SPPI, Financial): Chairman, CEO & President Rajesh C Md Shrotriya Bought 10,000 Shares

Chairman, CEO & President of Spectrum Pharmaceuticals Inc. (SPPI) Rajesh C Md Shrotriya bought 10,000 shares on 04/09/2010 at an average price of $4.63. Spectrum Pharmaceuticals, Inc. is opportunistically acquiring and advancing a diversified portfolio of oncology drug candidates that meet critical health challenges for which there are few other treatment options. Spectrum Pharmaceuticals Inc. has a market cap of $225.9 million; its shares were traded at around $4.63 with and P/S ratio of 7.8.

Spectrum recently reported its fourth quarter results. The compay announced that its revenue for the full year was $38 million

Buy:: Director Mitchell P. Cybulski bought 20,000 shares of SPPI stock on 02/03/2010 at the average price of 4.52, the price of the stock has increased by 2.43% since.

Full House Resorts Inc (FLL, Financial): CEO/President Andre Hilliou Bought 4,500 Shares

CEO/President of Full House Resorts Inc (FLL) Andre Hilliou bought 4,500 shares on 04/07/2010 at an average price of $3.04. Full House develops and manages gaming facilities. The Company has a management agreement with the Nottawaseppi Huron Band of Potawatomi Indians for the development and management of a first-class casino/resort with gaming devices in the Battle Creek, Michigan area, which is currently in the pre-development stage. Full House Resorts Inc has a market cap of $54.7 million; its shares were traded at around $3.04 with a P/E ratio of 12.7 and P/S ratio of 2.7.

FLL recently reported its full year 2009 results. The company annoucned that its net income was 26 cents per share, compared to 8 cents per share a year ago.

Sell:: 10% Owner Vikki Paulson sold 9,700 shares of FLL stock on 03/22/2010 at the average price of 3.16, the price of the stock has decreased by 3.8% since.

Ladenburg Thalmann Financial Services In (LTS): President and CEO Richard Lampen Bought 5,000 Shares

President and CEO of Ladenburg Thalmann Financial Services In (LTS) Richard Lampen bought 5,000 shares on 04/01/2010 at an average price of $1.27. Ladenburg Thalmann Financial Services is a holding company engaged in the retail and institutional securities brokerage business and, through its subsidiary GBI Capital Partners, Inc. Ladenburg Thalmann Financial Services In has a market cap of $213.4 million; its shares were traded at around $1.27 with and P/S ratio of 1.4.

Fourth quarter 2009 revenues were $43.8 million, a 23% increase from revenues of $35.7 million in the fourth quarter of 2008. Net loss for the fourth quarter was $3.5 million, or $(0.02) per diluted share, an improvement from net loss of $8.3 million, or $(0.05) per diluted share, in the comparable 2008 period.

Buy:: Director, 10% Owner Phillip Md Et Al Frost bought 50,000 shares of LTS stock on 04/01/2010 at the average price of 0.93, the price of the stock has increased by 36.56% since. Many other insiders have also increased their positions in the company.

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