Similar to CEOs, we also observed reduced buying activities from CFOs. These are the top CFO buys over the past week. Related companies: General Growth Properties Inc (GGP, Financial), and OSI Systems Inc. (OSIS, Financial).
General Growth Properties Inc (GGP): CFO Bernard Freibaum Bought 58,500 Shares
CFO of General Growth Properties Inc (GGP), Bernard Freibaum, bought 58,500 shares on last Monday at $49.37. As of May, Freibaum has made eight buys of 804,000 shares at a price range of $46.89 to $62.80. His last eight buys of 804,000 shares are currently worth over $41.79 million.
About: General Growth Properties, Inc. operates as a self-administered and self-managed real estate investment trust. The company operates through two segments, Retail and Other, and Master Planned Communities. General Growth Properties Inc has a market cap of $13.06 billion; its shares were traded at around $51.98 with P/E ratio of 43.17 and P/S ratio of 4.01.
One Guru Initiated His Position in GGP: George Soros bought 4,409 shares in the quarter ended in June, which is 0.01% of the $3.15 billion portfolio of Soros Fund Management LLC.
One Guru Kept Position in GGP Unchanged: Ruane Cunniff owns 6,450 shares as of June, which accounts for less than 0.01% of the $12.38 billion portfolio of Ruane & Cunniff & Goldfarb Inc.
Two Gurus Reduced Positions in GGP: 1) Ron Baron owns 504,300 shares as of June, a decrease of -0.2% of from the previous quarter. This position accounts for 0.14% of the $19.54 billion portfolio of Baron Funds. 2) Chris Davis owns 12,481,654 shares as of 06/30/2007 , a decrease of -26.2% of from the previous quarter. This position accounts for 0.66% of the $93.61 billion portfolio of Davis Selected Advisers.
CEO of GGP Buys: CEO John Bucksbaum bought 20,000 shares of GGP stock in June at $54.38; the price of the stock has decreased by -4.41% since.
Director of GGP Buys:Adam S Metz made two buys in May: 5,000 shares at $56.50; and 20,000 shares at $59.07.
OSI Systems Inc. (OSIS): CFO & EVP Alan I. Edrick Bought 2,500 Shares
CFO & EVP Alan I. Edrick bought 2,500 shares of OSIS stock last Wednesday at $21.37; since then, the price of the stock has increased by 2.71%.
About: OSI Systems, Inc. engages in the design, development, manufacture, and sale of specialized electronic systems and components for applications in homeland security, healthcare, and defense and aerospace markets worldwide. OSI Systems Inc. has a market cap of $373.91 million; its shares were traded at around $21.95 with P/S ratio of 0.71.
Insider Sells: 1) President and CEO of OSIS, Deepak Chopra, sold 35,000 shares in June at $27.17. 2) General Counsel, Victor S. Sze, sold 5,000 shares of OSIS stock in May at $27.91. 3) Director Meyer/ Luskin sold 10,000 shares of OSIS stock in May at $27.85. Since their sells, the price of OSIS stock has decreased by -19.21%, -21.35%, and -21.18%, respectively.
General Growth Properties Inc (GGP): CFO Bernard Freibaum Bought 58,500 Shares
CFO of General Growth Properties Inc (GGP), Bernard Freibaum, bought 58,500 shares on last Monday at $49.37. As of May, Freibaum has made eight buys of 804,000 shares at a price range of $46.89 to $62.80. His last eight buys of 804,000 shares are currently worth over $41.79 million.
About: General Growth Properties, Inc. operates as a self-administered and self-managed real estate investment trust. The company operates through two segments, Retail and Other, and Master Planned Communities. General Growth Properties Inc has a market cap of $13.06 billion; its shares were traded at around $51.98 with P/E ratio of 43.17 and P/S ratio of 4.01.
One Guru Initiated His Position in GGP: George Soros bought 4,409 shares in the quarter ended in June, which is 0.01% of the $3.15 billion portfolio of Soros Fund Management LLC.
One Guru Kept Position in GGP Unchanged: Ruane Cunniff owns 6,450 shares as of June, which accounts for less than 0.01% of the $12.38 billion portfolio of Ruane & Cunniff & Goldfarb Inc.
Two Gurus Reduced Positions in GGP: 1) Ron Baron owns 504,300 shares as of June, a decrease of -0.2% of from the previous quarter. This position accounts for 0.14% of the $19.54 billion portfolio of Baron Funds. 2) Chris Davis owns 12,481,654 shares as of 06/30/2007 , a decrease of -26.2% of from the previous quarter. This position accounts for 0.66% of the $93.61 billion portfolio of Davis Selected Advisers.
CEO of GGP Buys: CEO John Bucksbaum bought 20,000 shares of GGP stock in June at $54.38; the price of the stock has decreased by -4.41% since.
Director of GGP Buys:Adam S Metz made two buys in May: 5,000 shares at $56.50; and 20,000 shares at $59.07.
OSI Systems Inc. (OSIS): CFO & EVP Alan I. Edrick Bought 2,500 Shares
CFO & EVP Alan I. Edrick bought 2,500 shares of OSIS stock last Wednesday at $21.37; since then, the price of the stock has increased by 2.71%.
About: OSI Systems, Inc. engages in the design, development, manufacture, and sale of specialized electronic systems and components for applications in homeland security, healthcare, and defense and aerospace markets worldwide. OSI Systems Inc. has a market cap of $373.91 million; its shares were traded at around $21.95 with P/S ratio of 0.71.
Insider Sells: 1) President and CEO of OSIS, Deepak Chopra, sold 35,000 shares in June at $27.17. 2) General Counsel, Victor S. Sze, sold 5,000 shares of OSIS stock in May at $27.91. 3) Director Meyer/ Luskin sold 10,000 shares of OSIS stock in May at $27.85. Since their sells, the price of OSIS stock has decreased by -19.21%, -21.35%, and -21.18%, respectively.
