Weekly CEO Buys Highlight: IDCC, MWW, UNIS

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Jan 29, 2012
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CFOs is illustrated in the chart below:





InterDigital Inc. (IDCC, Financial): President and CEO William J Merritt Bought 6,828 Shares


President and CEO of InterDigital Inc. (IDCC) William J Merritt bought 6,828 shares on 01/26/2012 at an average price of $38.05. INTERDIGITAL COMMUNICATIONS develops and markets advanced digital wireless telecommunications systems using proprietary technologies for voice and data communications and has developed an extensive patent portfolio related to those technologies. Interdigital Inc. has a market cap of $1.74 billion; its shares were traded at around $38.05 with a P/E ratio of 17.3 and P/S ratio of 4.3. The dividend yield of Interdigital Inc. stocks is 1.1%. Interdigital Inc. had an annual average earnings growth of 33.1% over the past 5 years.


InterDigital recently reported its fourth quarter 2011 results. Fourth quarter 2011 operating expenses are expected to be $41.5 million, including $10.5 million of intellectual property enforcement and non-patent litigation costs and a $4.6 million adjustment to reduce long-term compensation accrued prior to the period. Revenue in fourth quarter 2011 is expected to be $74.2 million.


John Paulson bought 3,000,000 shares in the quarter that ended on 09/30/2011, which is 0.6755% of the $20.69 billion portfolio of Paulson & Co. John Hussman owns 500,000 shares as of 09/30/2011, an increase of 138.1% from the previous quarter. This position accounts for 0.3702% of the $6.29 billion portfolio of Hussman Economtrics Advisors. Joel Greenblatt owns 94,291 shares as of 09/30/2011, a decrease of 52.94% of from the previous quarter. This position accounts for 0.7156% of the $614 million portfolio of Gotham Capital. Whitney Tilson sold out his holdings in the quarter that ended on 09/30/2011.


President and CEO William J Merritt bought 6,828 shares of IDCC stock on 01/26/2012 at the average price of 36.52. William J Merritt owns at least 117,634 shares after this. The price of the stock has increased by 4.19% since.


Monster Worldwide Inc. (MWW, Financial): Chairman, President and CEO Salvatore Iannuzzi Bought 15,000 Shares


Chairman, President and CEO of Monster Worldwide Inc. (MWW) Salvatore Iannuzzi bought 15,000 shares on 01/27/2012 at an average price of $7.35. Monster Worldwide, Inc is the online recruitment leader and the parent company of Monster, the global careers website. Monster Worldwide Inc. has a market cap of $916.3 million; its shares were traded at around $7.35 with a P/E ratio of 21.5 and P/S ratio of 1.


Monster Worldwide recently reported its fourth quarter 2011 results. Sal Iannuzzi, chairman, president and chief executive officer of Monster Worldwide, said, “In 2011, our Global Careers bookings increased 18% year over year despite a more challenging economic environment in the latter half.“


Ray Dalio owns 1,597,390 shares as of 09/30/2011, an increase of 856.49% from the previous quarter. This position accounts for 0.17% of the $6.71 billion portfolio of Bridgewater Associates. Arnold Schneider owns 1,837,116 shares as of 09/30/2011, which accounts for 1.0569% of the $1.25 billion portfolio of Schneider Capital Management. PRIMECAP Management owns 486,000 shares as of 09/30/2011, which accounts for 0.0061% of the $57.41 billion portfolio of PRIMECAP Management. Mario Gabelli owns 55,000 shares as of 09/30/2011, which accounts for 0.0036% of the $10.95 billion portfolio of GAMCO Investors.


EVP, CFO James M Langrock bought 12,237 shares of MWW stock on 08/30/2011 at the average price of 8.17. James M Langrock owns at least 272,509 shares after this. The price of the stock has decreased by 10.04% since.


Unilife Corp. (UNIS, Financial): CEO Alan Shortall Bought 25,000 Shares


CEO of Unilife Corp. (UNIS) Alan Shortall bought 25,000 shares during the past week at an average price of $4.23. Unilife Corporation is a medical device company based in U. Unilife Corp. has a market cap of $311.5 million; its shares were traded at around $4.23 with and P/S ratio of 46.9.


Revenues for the three months ended September 30, 2011, were $2.1 million compared to $3.5 million for the same period in 2010. This was primarily attributable to a decrease of $1.6 million in product sales, reflecting the Company's decision to discontinue its contract manufacturing operations in December 2010, and instead, focus on the commercialization, production and supply of its own propriety line of products.


J. Christopher Naftzger bought 2,000 shares of UNIS stock on 11/22/2011 at the average price of 3.96. J. Christopher Naftzger owns at least 41,940 shares after this. The price of the stock has increased by 6.82% since.


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