Weekly Top CEO Buys: Prospect Capital Corp., Roberts Realty Investors Inc., Gray Television Inc.

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Oct 16, 2007
This is the highlight of weekly top CEO buys: Prospect Capital Corp. (PSEC, Financial), Roberts Realty Investors Inc. (RPI, Financial), Gray Television Inc. (GTN, Financial)


Prospect Capital Corp. (PSEC): CEO John F. Barry Bought 12,209 Shares


CEO of Prospect Capital Corp. (PSEC), John F. Barry, bought 12,209 shares during the past week at $16.45. Since the beginning of October, Barry has purchased a total of 76,078 shares of PSEC stock at a price per share range of $15.33 to $16.45.


News: Currently, the CEO John F. Barry has a stake of 372,398 shares. PSEC is reporting a 19% rise in quarterly net investment income.


About: Prospect Capital Corporation is a private equity firm specializing in private mezzanine debt, senior secured debt, senior unsecured debt, publicly traded high-yield debt, bridge loans, private equity, and public equity. The company invests mainly in energy related private and public companies. Prospect Capital Corp. has a market cap of $318.93 million; its shares were traded at around $16.22 with P/E ratio of 14.97 and P/S ratio of 7.98.


Insider Buys: 1) CEO Grier M. Eliasek bought 500 shares on 10/04 at $15.80. 2) COO Grier M. Eliasek bought 500 shares on 10/05 at $16.23. 3) CFO and CCO, William E. Vastardis, bought 488 shares on 06/29 at $17.50. 4) Director Lee Liebolt bought 100 shares on 05/15 at $17.41.


Roberts Realty Investors Inc (RPI): Chairman, President, CEO Charles S. Roberts Bought 5,600 Shares


Chairman, President, and CEO of Roberts Realty Investors Inc (RPI), Charles S. Roberts, bought 5,600 shares on 10/10 at $7.50. Since July 27, Roberts has purchased a total of 31,600 shares of RPI stock at an average price range of $7.40 to $7.55.


About: Roberts Realty Investors, Inc. operates as a real estate investment trust (REIT) that primarily engages in the ownership and operation of multifamily residential properties in the United States. Roberts Realty Investors Inc has a market cap of $43.28 million; its shares were traded at around $7.47 with P/S ratio of 5.58.


Insider Buys: Director Dennis H James bought 957 shares of RPI stock on 09/05 at $7.50. In August, Director James bought 1,043 more shares at $7.50.


Gray Television Inc. (GTN): Chairman & CEO J. Mack Robinson Bought 4,000 Shares; Director Harriet J. Robinson Mirrored CEO’s Buys


Chairman & CEO of Gray Television Inc. (GTN), Mack J. Robinson, bought 4,000 shares on 10/11 at $9.34. Since the beginning of August, M.J. Robinson has purchased a total of 33,800 shares of GTN stock at an average price range of $8.04 to $9.10. The price of stock has increased at a range of 1.39% to 17.79%.


News: The current reported first-call-consensus: 1 strong buys, and 2 holds.


About: Gray Television, Inc. operates as a television broadcasting company in the United States. The company offers services, such as production of commercials and tower rentals. Gray Television Inc. has a market cap of $440.76 million; its shares were traded at around $9.47 with P/S ratio of 1.37.


One Guru Increased His Position in GTN: John Keeley owns 2,715,000 shares as of 06/30. It is an increase of 29.29% of from the previous quarter. This position accounts for 0.3% of the $8.41 billion portfolio of Keeley Fund Management.


Insider Buys: 1) Director Harriett J. Robinson bought 4,000 shares on 10/11 at $9.34. Since August, Director H.J. Robinson has purchased a total of 33,800 shares of GTN stock at a price range of $8.04 to $9.10. The price of stock has increased at a range of 1.39% to 17.79%. 2) President and C.O.O., Robert S. Prather Jr., sold 49,500 shares of GTN stock on 05/24 at $10.34; the price of the stock has decreased by -8.41% since.