Weekly CEO Buys Highlight: SUNS, LIWA, BPFH, HBAN, VVTV

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May 29, 2011
Last week’s top five stocks that were bought by their CEOs were SUNS, LIWA, BPFH, HBAN, and VVTV. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Solar Senior Capital Ltd. (SUNS, Financial): CEO, President Chn of the Brd, 10% Owner Michael S Gross Bought 35,090 Shares

CEO, President Chn of the Brd, 10% Owner of Solar Senior Capital Ltd. (SUNS) Michael S Gross bought 35,090 shares during the past week at an average price of $18.18. Solar Senior Capital Ltd. operates as a business development company under the Investment Company Act of 1940. Solar Senior Capital Ltd. has a market cap of $157.1 million; its shares were traded at around $18.18 .

SUNS recently reported earnings of $18 thousand for the quarter ended March 31, 2011, which represented approximately one month of operating activity after the closing of its initial public offering. The net asset value per share was $18.73 on March 31, 2011.

Buy: CFO & Secretary Nicholas Radesca bought 2,000 shares of SUNS stock on 05/11/2011 at the average price of 18.14. Nicholas Radesca owns at least 2,000 shares after this. The price of the stock has increased by 0.22% since. Other insiders have also increased their positions in the company.

Lihua International Inc. (LIWA, Financial): CEO & President Jianhua Zhu Bought 80,000 Shares

CEO & President of Lihua International Inc. (LIWA) Jianhua Zhu bought 80,000 shares during the past week at an average price of $7.43. Lihua International, Inc., through its two wholly-owned subsidiaries, Lihua Electron and Lihua Copper, is a value-added manufacturer of copper replacement products for China's rapidly growing magnet and fine wire market. Lihua International Inc. has a market cap of $237.9 million; its shares were traded at around $7.43 with a P/E ratio of 5.5 and P/S ratio of 0.6.

Buy: 10% Owner Wealth Enterprise Ltd Magnify bought 40,000 shares of LIWA stock on 05/23/2011 at the average price of 7.47. Wealth Enterprise Ltd Magnify owns at least 13,677,500 shares after this. The price of the stock has decreased by 0.54% since.

Boston Private Financial Holdings Inc. (BPFH, Financial): CEO - BPFH Private Banking Mark D Thompson Bought 45,454 Shares

CEO - BPFH Private Banking of Boston Private Financial Holdings Inc. (BPFH) Mark D Thompson bought 45,454 shares during the past week at an average price of $6.6. Boston Private Bancorp, through its subsidiaries offers a full range of banking, commercial and residential lending, and trust and investment management services to its domestic and international clientele with a commitment to exceptional service. Boston Private Financial Holdings Inc. has a market cap of $496.7 million; its shares were traded at around $6.6 with and P/S ratio of 1.8. The dividend yield of Boston Private Financial Holdings Inc. stocks is 0.6%.

BPFH recently reported a first quarter 2011 GAAP Net Loss Attributable to the Common Shareholder of $425 thousand, compared to a $10.3 million net loss in the fourth quarter of 2010. BPFH reported a first quarter 2011 GAAP net loss per share of $0.01 compared to a $0.14 GAAP net loss per share in the fourth quarter of 2010.

Mario Gabelli owns 99,000 shares as of 03/31/2011, an increase of 159.16% from the previous quarter. This position accounts for 0.01% of the $13.97 billion portfolio of GAMCO Investors. Kenneth Fisher sold out his holdings in the quarter that ended on 03/31/2011.

Buy: Director Allen L Sinai bought 1,000 shares of BPFH stock on 04/29/2011 at the average price of 7.05. Allen L Sinai owns at least 33,670 shares after this. The price of the stock has decreased by 6.38% since. Other insiders have also increased their positions in the company.

Huntington Bancshares Inc. (HBAN, Financial): President, CEO & Chairman Stephen D Steinour Bought 39,000 Shares

President, CEO & Chairman of Huntington Bancshares Inc. (HBAN) Stephen D Steinour bought 39,000 shares on 05/23/2011 at an average price of $6.53. Huntington Bancshares is a multi-state bank holding company. Huntington Bancshares Inc. has a market cap of $5.83 billion; its shares were traded at around $6.53 with a P/E ratio of 21.8 and P/S ratio of 1.8. The dividend yield of Huntington Bancshares Inc. stocks is 0.6%.

George Soros bought 10,100 shares in the quarter that ended on 03/31/2011, which is less than 0.01% of the $8.4 billion portfolio of Soros Fund Management LLC. Arnold Schneider owns 5,154,060 shares as of 03/31/2011, which accounts for 1.88% of the $1.82 billion portfolio of Schneider Capital Management. Lee Ainslie sold out his holdings in the quarter that ended on 03/31/2011. Kenneth Fisher sold out his holdings in the quarter that ended on 03/31/2011.

HBAN recently reported 2011 first quarter net income of $126.4 million, or $0.14 per common share. The current quarter included a reduction of $0.01 per common share related to additions to litigation reserves. This compared with net income of $122.9 million, or $0.05 per common share, in the 2010 fourth quarter.

Buy: Director Ann B Crane bought 4,200 shares of HBAN stock on 01/28/2011 at the average price of 7.16. Ann B Crane owns at least 4,200 shares after this. The price of the stock has decreased by 8.8% since. Other insiders have also increased their positions in the company.

ValueVision Media Inc. (VVTV, Financial): CEO Keith R Stewart Bought 37,000 Shares

CEO of ValueVision Media Inc. (VVTV) Keith R Stewart bought 37,000 shares on 05/20/2011 at an average price of $6.93. VALUEVISION INTERNATIONAL, IN is a home-shopping retailer in the United States. Valuevision Media Inc. has a market cap of $310.7 million; its shares were traded at around $6.93 with and P/S ratio of 0.5.

VVTV recently reported its first quarter 2011 results. Net Sales rose 15% over prior year to $143.5 million. "ValueVision started fiscal 2011 with another quarter of solid progress across our multichannel business, led by strong sales and margin growth and our third consecutive quarter of positive adjusted EBITDA," said Keith Stewart, ValueVision CEO. "In addition to strong merchandising and operational execution, we also strengthened our capital structure and enhanced our financial flexibility through the early redemption of our 12% preferred stock with proceeds from the sale of 9.5 million common shares."

Sell: SVP of E-Commerce Carol Steinberg sold 3,000 shares of VVTV stock on 04/15/2011 at the average price of 5.91. Carol Steinberg owns at least 46,811 shares after this. The price of the stock has increased by 17.26% since. Other insiders have also decreased their positions in the company.