Weekly CEO Buys Highlight: MON, AUMN, TWMC

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Oct 26, 2010
Last week’s top five companies that were bought by their CEOs were Monsanto Company, American Uranium Mining, and Trans World Entertainment. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.


Monsanto Company (MON, Financial): Chairman, President & CEO Hugh Grant Bought 18,000 Shares


Chairman, President & CEO of Monsanto Company (MON) Hugh Grant bought 18,000 shares on 10/18/2010 at an average price of $57.15. 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 $30.89 billion; its shares were traded at around $57.15 with a P/E ratio of 23.8 and P/S ratio of 2.9. The dividend yield of Monsanto Company stocks is 2%. Monsanto Company had an annual average earning growth of 18.2% over the past 10 years.


Richard Aster Jr bought 94,700 shares in the quarter that ended on 06/30/2010, which is 0.2% of the $2.19 billion portfolio of Meridian Fund. Wallace Weitz owns 703,092 shares as of 06/30/2010, an increase of 328.98% from the previous quarter. This position accounts for 1.78% of the $1.82 billion portfolio of Weitz Wallace R & Co. Mario Gabelli owns 143,578 shares as of 06/30/2010, a decrease of 69.58% of from the previous quarter. This position accounts for 0.04% of the $16.22 billion portfolio of GAMCO Investors. Steve Mandel sold out his holdings in the quarter that ended on 06/30/2010. Julian Robertson sold out his holdings in the quarter that ended on 06/30/2010.


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 9.71% since. Other insiders have also decreased their positions in the company.


American Uranium Mining Inc. (AUMN, Financial): President, CEO Jeffrey G Clevenger Bought 5,500 Shares


President, CEO of American Uranium Mining Inc. (AUMN) Jeffrey G Clevenger bought 5,500 shares on 10/22/2010 at an average price of $25.45. Golden Minerals Company is a mining company with a focus on exploration, development, providing mine services, and growth through strategic business transactions. American Uranium Mining Inc. has a market cap of $236.1 million; its shares were traded at around $25.45 .


Buy: Senior VP and CFO Robert P Vogels bought 2,000 shares of AUMN stock on 10/22/2010 at the average price of 18.5. Robert P Vogels owns at least 45,039 shares after this. The price of the stock has increased by 37.57% since. Other insiders have also increased their positions in the company.


Trans World Entertainment Corp. (TWMC, Financial): Chairman and CEO, 10% Owner Robert J Higgins Bought 7,300 Shares


Chairman and CEO, 10% Owner of Trans World Entertainment Corp. (TWMC) Robert J Higgins bought 7,300 shares on 10/15/2010 at an average price of $1.81. 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 $56.9 million; its shares were traded at around $1.81 with and P/S ratio of 0.1.


TWMC recently announced total net sales for the second quarter ended July 31, 2010 decreased 18% to $135.8 million, compared to $165.7 million in the second quarter of 2009. Average stores in operation during the quarter were 543 compared to 705 last year, a 23% decline. Comparable store sales in the second quarter of 2010 decreased 2%. For the second quarter of 2010, the net loss was $15.8 million, or $0.50 per share compared to a net loss of $17.8 million, or $0.57 per share for the same period last year.


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 18.3% since. There are mixed trades from other insiders.


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