Weekly CEO Buys Highlight: WINA, ANGO, FES, LTS, TBOW

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Apr 15, 2012
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:


Winmark Corp (WINA, Financial): Chairman & CEO, 10% Owner John L Morgan Bought 10,000 Shares


Chairman & CEO, 10% Owner of Winmark Corp (WINA) John L Morgan bought 10,000 shares during the past week at an average price of $54.3. Winmark Corporation is a franchise company that franchises seven retail concepts which buy, sell, trade and consign merchandise. Winmark Corp has a market cap of $286.8 million; its shares were traded at around $54.3 with a P/E ratio of 20.7 and P/S ratio of 5.6. The dividend yield of Winmark Corp stocks is 0.2%. Winmark Corp had an annual average earnings growth of 15.9% over the past 10 years.


WINA recently reported net income for the year ended December 31, 2011 of $14,095,000 or $2.69 per share diluted, compared to net income of $10,329,000 or $1.98 per share diluted, in 2010. The fourth quarter 2011 net income was $4,185,000 or $.80 per share diluted, compared to net income of $3,119,200 or $.60 per share diluted, for the same period last year. Revenues for the year ended December 31, 2011 were $51,335,000, up from $41,203,600 in 2010.


Joel Greenblatt bought 5,219 shares in the quarter that ended on 12/31/2011, which is 0.036% of the $829 million portfolio of Gotham Capital.


VP of Marketing Merry Beth Hovey sold 900 shares of WINA stock on 01/31/2012 at the average price of 68.94. Merry Beth Hovey owns at least 3,199 shares after this. The price of the stock has decreased by 21.24% since. Other insiders have also decreased their positions in the company.


Angiodynamics (ANGO, Financial): President and CEO Joseph Devivo Bought 5,000 Shares


President and CEO of Angiodynamics (ANGO) Joseph Devivo bought 5,000 shares on 04/09/2012 at an average price of $11.87. AngioDynamics, Inc. is a provider of innovative medical devices used by interventional radiologists, vascular surgeons and other physicians for the minimally invasive diagnosis and treatment of peripheral vascular disease. Angiodynamics has a market cap of $297.9 million; its shares were traded at around $11.87 with a P/E ratio of 31.2 and P/S ratio of 1.4.


ANGO recently reported its fiscal 2012 third quarter financial results. Net sales in the third quarter were $51.6 million, compared to $54.6 million reported in the prior year period. U.S. sales were $43.6 million, compared to$48.3 million in the third quarter of fiscal 2011. International sales grew 26% to $7.9 million from the prior year period. Vascular sales were $37.9 million, compared to $38.3 million from the third quarter a year ago.


Joel Greenblatt owns 74,094 shares as of 12/31/2011, an increase of 16.18% from the previous quarter. This position accounts for 0.13% of the $829 million portfolio of Gotham Capital. Mario Gabelli owns 100,000 shares as of 12/31/2011, which accounts for 0.012% of the $12.57 billion portfolio of GAMCO Investors.


Director Vincent Bucci bought 4,000 shares of ANGO stock on 04/12/2012 at the average price of 11.82. Vincent Bucci owns at least 41,846 shares after this. The price of the stock has increased by 0.42% since.


Forbes Energy (FES, Financial): President & CEO John E. Crisp Bought 2,825 Shares


President & CEO of Forbes Energy (FES) John E. Crisp bought 2,825 shares on 04/10/2012 at an average price of $5.03. Forbes Energy Services Ltd is an independent oilfield services contractor that provides a range of drilling and production related services to oil and natural gas companies, primarily in Texas, Mississippi, and Mexico. Forbes Energy has a market cap of $123.2 million; its shares were traded at around $5.03 with a P/E ratio of 20.3 and P/S ratio of 0.3.


Revenues from U.S. Operations increased 38% to $124.5 million in the fourth quarter of 2011 compared to $90.1 million in the fourth quarter of 2010, and $115.8 million in the third quarter of 2011. The increase was driven by higher utilization and pricing in both divisions.


Director Travis H. Burris bought 450 shares of FES stock on 02/28/2012 at the average price of 5.99. Travis H. Burris owns at least 18,037 shares after this. The price of the stock has decreased by 16.03% since.


Ladenburg Thalm (LTS, Financial): President and CEO Richard Lampen Bought 5,000 Shares


President and CEO of Ladenburg Thalm (LTS) Richard Lampen bought 5,000 shares on 04/10/2012 at an average price of $1.6. Ladenburg Thalmann Financial Services is a holding company engaged in the retail and institutional securities brokerage business and, through its subsidiary GBI Capital Partners, Inc. Ladenburg Thalm has a market cap of $317.8 million; its shares were traded at around $1.6 with and P/S ratio of 1.2.


Director, 10% Owner Phillip Md Et Al Frost bought 10,000 shares of LTS stock on 04/10/2012 at the average price of 1.59. Phillip Md Et Al Frost owns at least 53,937,130 shares after this. The price of the stock has increased by 0.63% since. Other insiders have also increased their positions in the company.


Trunkbow Intl (TBOW, Financial): CEO, 10% Owner Qiang Li Bought 3,800 Shares


CEO, 10% Owner of Trunkbow Intl (TBOW) Qiang Li bought 3,800 shares on 04/05/2012 at an average price of $1.82. Trunkbow International Holdings operates as a mobile application enabler, offering application platforms to telecom operators in the PRC to offer Mobile Value Added Solutions (`MVAS`) to their subscribers. Trunkbow Intl has a market cap of $53 million; its shares were traded at around $1.82 with a P/E ratio of 3.9 and P/S ratio of 1.8.


TBOW recently reported its full year 2011 financial results. For the full year 2011, gross revenue increased 19.6% year-over-year to $29.7 million, compared with $24.8 million in 2010. For the fourth quarter 2011, gross revenue was $9.7 million, compared with $13.9 million in the fourth quarter of 2010.