Last week's top five stocks that were bought by their CEOs were Monsanto Company, China Marine Food Group Ltd, Luby's Inc, Saul Centers Inc, and FTI Consulting Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
MON recently reported its third quarter 2010 results. The company announced that its net sales were $2.9 billion, compared with $3.2 billion a year ago. Gross profit was $1.4 billion, compared to $1.8 billion in the third quarter of 2009.
Brian Rogers bought 100,000 shares in the quarter that ended on 03/31/2010, which is 0.04% of the $17.46 billion portfolio of T Rowe Price Equity Income Fund. Wallace Weitz owns 163,900 shares as of 03/31/2010, an increase of 37.48% from the previous quarter. This position accounts for 0.64% of the $1.84 billion portfolio of Weitz Wallace R & Co. Kenneth Fisher owns 125,428 shares as of 03/31/2010, a decrease of 39.3% of from the previous quarter. This position accounts for 0.03% of the $33.01 billion portfolio of Fisher Asset Management, LLC.
Buy: EVP & CFO Carl M Casale bought 30,000 shares of MON stock on 07/13/2010 at the average price of 52.09. Carl M Casale owns at least 104,307 shares after this. The price of the stock has increased by 7.89% since. There are mixed trades from other insiders.
CMFO recently reported its first quarter 2010 results. Revenue was $19.7 million, up 18.7% from the first quarter of 2009. The Company's processed seafood segment accounted for 84.0% of totalrevenue, growing 47.3% year over year, and gross profit was $6.6 million, up 61.0%, and operating income was up 42.0% to $5.0 million from first quarter 2009.
Buy: Kent C Mccarthy bought 25,000 shares of CMFO stock on 07/07/2010 at the average price of 4.36. Kent C Mccarthy owns at least 3,230,062 shares after this. The price of the stock has increased by 4.59% since. Other insiders have also increased their positions in the company.
LUB recently reported its third quarter 2010 results. Restaurant sales were $53.9 million, a decrease of $3.5 million compared to the same quarter last year. Same-store sales, from a total of 96 restaurants, decreased approximately 4.8% compared to the same quarter last year. Same-store sales improved sequentially in the third quarter compared to last quarter.
Buy: COO, 10% Owner Harris J Pappas bought 88,134 shares of LUB stock on 07/15/2010 at the average price of 4.95. Harris J Pappas owns at least 4,453,835 shares after this. The price of the stock has decreased by 0.81% since. Other insiders have also increased their positions in the company.
Saul Centers recently reported its first quarter 2010 results. Total revenue increased 10% to $43.6 million, compared with $39.7 million in the first quarter of 2009.
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. Christopher Netter owns at least 625 shares after this. The price of the stock has decreased by 2.39% since.
For the first quarter of 2010, revenues increased to $350.0 million from $347.8 million in the prior year period. Adjusted earnings per diluted share were $0.67 before $0.38 of special charges described below and EPS was $0.29 per diluted share. Adjusted EBITDA before $30.2 million of special charges, increased to $75.9 million, or 21.7% of revenues, compared with $74.0 million, or 21.3% of revenues, in the first quarter of 2009.
Buy: Chairman of the Board Dennis J Shaughnessy bought 10,000 shares of FCN stock on 07/15/2010 at the average price of 32.82. Dennis J Shaughnessy owns at least 205,246 shares after this. The price of the stock has increased by 2.44% since. Other insiders have decreased their positions in the company.
Monsanto Company (MON, Financial): Chairman, President & CEO Hugh Grant Bought 37,500 Shares
Chairman, President & CEO of Monsanto Company (MON) Hugh Grant bought 37,500 shares on 07/13/2010 at an average price of $56.2. Monsanto is a global provider of technology-based solutions and agricultural products for growers and downstream customers, such as grain processors and consumers, in the agricultural markets. Monsanto Company has a market cap of $30.66 billion; its shares were traded at around $56.2 with a P/E ratio of 22.4 and P/S ratio of 2.6. The dividend yield of Monsanto Company stocks is 1.9%. Monsanto Company had an annual average earning growth of 18.2% over the past 10 years.MON recently reported its third quarter 2010 results. The company announced that its net sales were $2.9 billion, compared with $3.2 billion a year ago. Gross profit was $1.4 billion, compared to $1.8 billion in the third quarter of 2009.
Brian Rogers bought 100,000 shares in the quarter that ended on 03/31/2010, which is 0.04% of the $17.46 billion portfolio of T Rowe Price Equity Income Fund. Wallace Weitz owns 163,900 shares as of 03/31/2010, an increase of 37.48% from the previous quarter. This position accounts for 0.64% of the $1.84 billion portfolio of Weitz Wallace R & Co. Kenneth Fisher owns 125,428 shares as of 03/31/2010, a decrease of 39.3% of from the previous quarter. This position accounts for 0.03% of the $33.01 billion portfolio of Fisher Asset Management, LLC.
Buy: EVP & CFO Carl M Casale bought 30,000 shares of MON stock on 07/13/2010 at the average price of 52.09. Carl M Casale owns at least 104,307 shares after this. The price of the stock has increased by 7.89% since. There are mixed trades from other insiders.
China Marine Food Group Ltd (CMFO, Financial): CEO, 10% Owner Pengfei Liu Bought 110,000 Shares
CEO, 10% Owner of China Marine Food Group Ltd (CMFO) Pengfei Liu bought 110,000 shares during the past week at an average price of $4.56. CHINA MARINE FOOD GROUP LTD. processes and distributes processed seafood products, and fresh and frozen marine catch to five provinces in the PRC. China Marine Food Group Ltd has a market cap of $129.9 million; its shares were traded at around $4.56 with a P/E ratio of 7 and P/S ratio of 1.8.CMFO recently reported its first quarter 2010 results. Revenue was $19.7 million, up 18.7% from the first quarter of 2009. The Company's processed seafood segment accounted for 84.0% of totalrevenue, growing 47.3% year over year, and gross profit was $6.6 million, up 61.0%, and operating income was up 42.0% to $5.0 million from first quarter 2009.
Buy: Kent C Mccarthy bought 25,000 shares of CMFO stock on 07/07/2010 at the average price of 4.36. Kent C Mccarthy owns at least 3,230,062 shares after this. The price of the stock has increased by 4.59% since. Other insiders have also increased their positions in the company.
Luby's Inc. (LUB, Financial): President and CEO, 10% Owner Christopher James Pappas Bought 88,134 Shares
President and CEO, 10% Owner of Luby's Inc. (LUB) Christopher James Pappas bought 88,134 shares on 07/15/2010 at an average price of $4.91. Luby's, Inc. is a holding company. They operate cafeteria-style restaurants under the name Luby's located in close proximity to retail centers, business developments, and residential areas. Luby's Inc. has a market cap of $137.7 million; its shares were traded at around $4.91 with and P/S ratio of 0.4.LUB recently reported its third quarter 2010 results. Restaurant sales were $53.9 million, a decrease of $3.5 million compared to the same quarter last year. Same-store sales, from a total of 96 restaurants, decreased approximately 4.8% compared to the same quarter last year. Same-store sales improved sequentially in the third quarter compared to last quarter.
Buy: COO, 10% Owner Harris J Pappas bought 88,134 shares of LUB stock on 07/15/2010 at the average price of 4.95. Harris J Pappas owns at least 4,453,835 shares after this. The price of the stock has decreased by 0.81% since. Other insiders have also increased their positions in the company.
Saul Centers Inc. (BFS, Financial): CEO, 10% Owner B Francis Saul Ii Bought 8,600 Shares
CEO, 10% Owner of Saul Centers Inc. (BFS) B Francis Saul Ii bought 8,600 shares on 07/09/2010 at an average price of $40.43. 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 $737.2 million; its shares were traded at around $40.43 with and P/S ratio of 4.7. The dividend yield of Saul Centers Inc. stocks is 3.5%. Saul Centers Inc. had an annual average earning growth of 0.7% over the past 10 years.Saul Centers recently reported its first quarter 2010 results. Total revenue increased 10% to $43.6 million, compared with $39.7 million in the first quarter of 2009.
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. Christopher Netter owns at least 625 shares after this. The price of the stock has decreased by 2.39% since.
FTI Consulting Inc. (FCN, Financial): President & CEO Jack B Iv Dunn Bought 10,000 Shares
President & CEO of FTI Consulting Inc. (FCN) Jack B Iv Dunn bought 10,000 shares on 07/15/2010 at an average price of $33.62. FTI Consulting, Inc. is a multi-disciplined consulting firm with practices in the areas of financial restructuring, litigationsupport and engineering/scientific investigation. Fti Consulting Inc. has a market cap of $1.58 billion; its shares were traded at around $33.62 with a P/E ratio of 12 and P/S ratio of 1.1. Fti Consulting Inc. had an annual average earning growth of 15.4% over the past 10 years. GuruFocus rated Fti Consulting Inc. the business predictability rank of 3-star.For the first quarter of 2010, revenues increased to $350.0 million from $347.8 million in the prior year period. Adjusted earnings per diluted share were $0.67 before $0.38 of special charges described below and EPS was $0.29 per diluted share. Adjusted EBITDA before $30.2 million of special charges, increased to $75.9 million, or 21.7% of revenues, compared with $74.0 million, or 21.3% of revenues, in the first quarter of 2009.
Buy: Chairman of the Board Dennis J Shaughnessy bought 10,000 shares of FCN stock on 07/15/2010 at the average price of 32.82. Dennis J Shaughnessy owns at least 205,246 shares after this. The price of the stock has increased by 2.44% since. Other insiders have decreased their positions in the company.
