Weekly CEO Buys Highlight: BFS, SHFL, PNK

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Oct 04, 2010
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 20,232 Shares


CEO, 10% Owner of Saul Centers Inc. (BFS) B Francis Saul Ii bought 20,232 shares on 10/01/2010 at an average price of $42.46. 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 $779.1 million; its shares were traded at around $42.46 with and P/S ratio of 4.84. The dividend yield of Saul Centers Inc. stocks is 3.39%. Saul Centers Inc. had an annual average earning growth of 0.7% over the past 10 years.


BFS recently reported its second quarter results. Total revenue for the three months ended June 30, 2010 increased 1.8% to $40,121,000 compared to $39,416,000 for the three months ended June 30, 2009. Operating income increased 1.4% to $10,717,000 for the 2010 Quarter compared to $10,574,000 for the 2009 Quarter.


Sell: Sr. Vice President-CFO Scott V Schneider sold 5,000 shares of BFS stock on 09/14/2010 at the average price of 44.05. Scott V Schneider owns at least 10,152 shares after this. The price of the stock has decreased by 3.61% since. Other insiders have also decreased their positions in the company.


Shuffle Master Inc. (SHFL, Financial): Interim CEO Phillip C Peckman Bought 10,000 Shares


Interim CEO of Shuffle Master Inc. (SHFL) Phillip C Peckman bought 10,000 shares on 09/24/2010 at an average price of $8.32. Shuffle Master, Inc. develops, manufactures and markets automatic card shuffling equipment, and gaming products such as table games and slot machine game software for the gaming industry. Shuffle Master Inc. has a market cap of $445.85 million; its shares were traded at around $8.32 with a P/E ratio of 17.7 and P/S ratio of 2.48. Shuffle Master Inc. had an annual average earning growth of 3.6% over the past 10 years.


SHFL recently reported its third quarter results. Revenue of $51.5 million increased by 14%, or $6.4 million, year-over-year from $45.1 million due to increases in the Company's lease and royalty revenue, sales and service revenue, market expansion, and $0.7 million of favorable foreign exchange.


Pinnacle Entertainment Inc. (PNK, Financial): President and CEO Anthony Michael Sanfilippo Bought 6,250 Shares


President and CEO of Pinnacle Entertainment Inc. (PNK) Anthony Michael Sanfilippo bought 6,250 shares on 09/27/2010 at an average price of $11.15. Pinnacle Entertainment is a diversified gaming company that owns and operates casinos in Indiana, Louisiana, Mississippi, Nevada and Argentina and is pursuing the development of a hotel and casino resort in Lake Charles, Louisiana. Pinnacle Entertainment Inc. has a market cap of $680.84 million; its shares were traded at around $11.15 with and P/S ratio of 0.65.


Revenues in the second quarter of 2010 increased 8.4% to $274 million from $252 million in the second quarter a year ago. Consolidated Adjusted EBITDA in the 2010 second quarter increased 5.5% to $49.4 million, inclusive of approximately $2.8 million for severance and corporate office consolidation costs. Consolidated Adjusted EBITDA was $46.8 million in the prior-year period.


George Soros owns 29,300 shares as of 06/30/2010, an increase of 107.8% from the previous quarter. This position accounts for 0.01% of the $3.31 billion portfolio of Soros Fund Management LLC. Mario Gabelli owns 1,065,400 shares as of 06/30/2010, a decrease of 51.56% of from the previous quarter. This position accounts for 0.06% of the $16.22 billion portfolio of GAMCO Investors.


Sell: Exec. Vice Pres. & CFO Stephen H Capp sold 8,000 shares of PNK stock on 05/18/2010 at the average price of 13.9. Stephen H Capp owns at least 12,110 shares after this. The price of the stock has decreased by 19.78% since. There are mixed trades


For the complete list of stocks that bought by their company CEOs, go to: http://www.gurufocus.com/InsiderBuy.php?position=ceo]CEO Buys[/url].