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Weekly CEO Buys Highlight: Saul Centers Inc, Winmark Corp, ZEP INC, Spectrum Pharmaceuticals Inc, Kratos Defense & Security Solutions Inc.

April 17, 2010 | About:
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guruyt

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Last week’s top five stocks that were bought by their CEOs were Saul Centers Inc, Winmark Corp, ZEP INC, Spectrum Pharmaceuticals Inc, and Kratos Defense & Security Solutions Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Saul Centers Inc. (BFS): CEO, 10% Owner B Francis Saul Ii Bought 6,772 Shares

CEO, 10% Owner of Saul Centers Inc. (BFS) B Francis Saul Ii bought 6,772 shares on 04/09/2010 at an average price of $41.58. 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 $753.1 million; its shares were traded at around $41.58 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 3-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 President-Leasing Christopher Netter sold 4,000 shares of BFS stock on 04/08/2010 at the average price of 41.42, the price of the stock has increased by 0.39% since.

Winmark Corp. (WINA): Chairman & CEO, 10% Owner John L Morgan Bought 7,000 Shares

Chairman & CEO, 10% Owner of Winmark Corp. (WINA) John L Morgan bought 7,000 shares on 04/15/2010 at an average price of $25.738. 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 $132 million; its shares were traded at around $25.738 with a P/E ratio of 23.7 and P/S ratio of 3.6.

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 26.54% since. Other insiders have decreased their positions in the company.

ZEP INC (ZEP): Chairman President & CEO John K Morgan Bought 10,000 Shares

Chairman President & CEO of ZEP INC (ZEP) John K Morgan bought 10,000 shares on 04/16/2010 at an average price of $17.2. Zep Inc. is a producer, marketer, and service provider of a wide range of cleaning and maintenance solutions for commercial, industrial, institutional, and consumer end-markets. Zep Inc has a market cap of $371.7 million; its shares were traded at around $17.2 with a P/E ratio of 18.9 and P/S ratio of 0.7. The dividend yield of Zep Inc stocks is 0.9%.

ZEP recently announced financial results for the three and six month periods ended February 28, 2010. Zep reported net income during the quarter ended February 28, 2010 of $0.7 million, or $0.03 per diluted share, which included $1.3 million, or $0.06 per diluted share, of certain expenditures and charges related to the Amrep acquisition. The Company reported a net loss in the second quarter of the prior year of $0.9 million, or $0.04 per diluted share, which included $0.7 million, or $0.03 per diluted share, of charges related to the Company's restructuring efforts.

John Keeley owns 1,639,100 shares as of 12/31/2009, which accounts for 0.43% of the $6.63 billion portfolio of Keeley Fund Management.

Buy:: VP & Chief Admin. Officer Robert P Collins bought 13,500 shares of ZEP stock on 10/26/2009 at the average price of 17.36, the price of the stock has decreased by 0.92% since.

Spectrum Pharmaceuticals Inc. (SPPI): 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 $4.8. 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 $234.2 million; its shares were traded at around $4.8 with and P/S ratio of 6.1.

Spectrum recently reported its fourth quarter results. The compay announced that its revenue for the full year was $38 million. The company’s drug, Zevalin, earned revues of $5.1 million in the fourth quarter of 2009. "The year 2009 was filled with notable accomplishments for Spectrum that have laid the groundwork for continued and significant growth in 2010 and beyond," said Rajesh C. Shrotriya, MD, Chairman and Chief Executive Officer of Spectrum Pharmaceuticals, Inc.

Buy:: Director Julius A Vida bought 2,500 shares of SPPI stock on 04/12/2010 at the average price of 4.57, the price of the stock has increased by 5.03% since.

Kratos Defense & Security Solutions Inc. (KTOS): President & CEO Eric M Demarco Bought 2,811 Shares

President & CEO of Kratos Defense & Security Solutions Inc. (KTOS) Eric M Demarco bought 2,811 shares during the past week at an average price of $14.33. Wireless Facilities Inc. a global leader in the design, deployment, and management of wireless communication networks, information technology solutions and security systems, announced today that its Government Services Division. Kratos Defense & Security Solutions Inc. has a market cap of $227.7 million; its shares were traded at around $14.33 with a P/E ratio of 75.4 and P/S ratio of 0.7.

KTOS recently reported 2009 revenues of $334.5 million, a 16.9 percent increase over the prior year. For 2009, Kratos generated cash flow from operations of $26.2 million, with fourth quarter cash flow generated from operations of $3.0 million.

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

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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