Weekly CEO Buys Highlight: BFS, CHSP, WINA, DMND, TWMC

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Oct 17, 2010
Last week’s top five stocks that were bought by their CEOs were Saul Centers Inc, CHESAPEAKE LODGING TRUST, Winmark Corp, Diamond Foods Inc, and Trans World Entertainment Corp. 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 17,500 Shares


CEO, 10% Owner of Saul Centers Inc. (BFS) B Francis Saul Ii bought 17,500 shares during the past week at an average price of $43.65. 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 $801.1 million; its shares were traded at around $43.65 with and P/S ratio of 5. The dividend yield of Saul Centers Inc. stocks is 3.2%. 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 0.91% since.


CHESAPEAKE LODGING TRUST (CHSP, Financial): President & CEO James L Francis Bought 20,000 Shares


President & CEO of CHESAPEAKE LODGING TRUST (CHSP) James L Francis bought 20,000 shares on 10/13/2010 at an average price of $16.75. Chesapeake Lodging Trust is a real estate investment trust. Chesapeake Lodging Trust has a market cap of $156.6 million; its shares were traded at around $16.75 . The dividend yield of Chesapeake Lodging Trust stocks is 4.9%.


CHSP recently reported its 2nd quarter 2010 results. Total revenue was $11.8 million, which includes rooms revenue of $8.8 million, food and beverage revenue of $2.7 million, and other revenue of $0.3 million.


Buy: Director Jeffrey D Nuechterlein bought 2,000 shares of CHSP stock on 10/13/2010 at the average price of 16.25. Jeffrey D Nuechterlein owns at least 3,000 shares after this. The price of the stock has increased by 3.08% since.


Winmark Corp. (WINA, Financial): Chairman & CEO, 10% Owner John L Morgan Bought 6,000 Shares


Chairman & CEO, 10% Owner of Winmark Corp. (WINA) John L Morgan bought 6,000 shares on 10/14/2010 at an average price of $34.03. 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 $170.7 million; its shares were traded at around $34.03 with a P/E ratio of 23 and P/S ratio of 4.6. The dividend yield of Winmark Corp. stocks is 0.2%. Winmark Corp. had an annual average earning growth of 9.4% over the past 10 years.


Winmark recently reported net income for the quarter ended June 26, 2010 of $2,338,700 (or $.45 per share diluted) compared to net income of $1,195,300 (or $.22 per share diluted) in 2009. For the six months ended June 26, 2010, net income was $4,519,800 (or $.87 per share diluted) compared to net income of $2,609,000 (or $.49 per share diluted) for the same period last year.


Buy: President, Winmark Capital Steven C Zola bought 1,000 shares of WINA stock on 08/26/2010 at the average price of 30.16. Steven C Zola owns at least 12,141 shares after this. The price of the stock has increased by 12.83% since.


Diamond Foods Inc. (DMND, Financial): Chairman, President & CEO Michael J Mendes Bought 5,045 Shares


Chairman, President & CEO of Diamond Foods Inc. (DMND) Michael J Mendes bought 5,045 shares during the past week at an average price of $43.83. Diamond Foods is a branded food company specializing in processing, marketing, and distributing culinary, snack, in-shell and ingredient nuts under the Diamond of California and Emerald of California brands. Diamond Foods Inc. has a market cap of $955.9 million; its shares were traded at around $43.83 with a P/E ratio of 21.9 and P/S ratio of 1.3. The dividend yield of Diamond Foods Inc. stocks is 0.4%.


For the three months ended July 31, 2010 net income grew 60 percent to $6.7 million and fully diluted earnings per share (EPS) grew 20 percent over the prior year's quarter to $0.30, despite a 34 percent higher share count. Excluding $1.3 million in acquisition and integration costs related to the purchase of Kettle Foods in March, non-GAAP EPS was up 36 percent to $0.34 compared to $0.25 for the prior year's quarter.


Ron Baron owns 1,400,446 shares as of 06/30/2010, which accounts for 0.41% of the $14.08 billion portfolio of Baron Funds. Mario Gabelli owns 7,000 shares as of 06/30/2010, a decrease of 75.86% of from the previous quarter. This position accounts for less than 0.01% of the $16.22 billion portfolio of GAMCO Investors.


Buy: Director John J Gilbert bought 1,230 shares of DMND stock on 10/12/2010 at the average price of 40.78. John J Gilbert owns at least 70,953 shares after this. The price of the stock has increased by 7.48% since. There are mixed trades from other insiders.


Trans World Entertainment Corp. (TWMC, Financial): Chairman and CEO, 10% Owner Robert J Higgins Bought 66,900 Shares


Chairman and CEO, 10% Owner of Trans World Entertainment Corp. (TWMC) Robert J Higgins bought 66,900 shares during the past week at an average price of $1.84. Trans World Entertainment Corp. operates a chain of retail entertainment stores and an e-commerce site in a single industry segment. Trans World Entertainment Corp. has a market cap of $57.8 million; its shares were traded at around $1.84 with and P/S ratio of 0.1.


Buy: COO and President Michael Honeyman bought 855 shares of TWMC stock on 10/05/2010 at the average price of 1.53. Michael Honeyman owns at least 23,955 shares after this. The price of the stock has increased by 20.26% since. There are mixed trades from other insiders.