Weekly CEO Buys Highlight: PHII, TUES, PACB, IPHI, WMC

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Dec 10, 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:





PHI Inc. (PHII, Financial): CEO and 10% Owner Alton Anthony Gonsoulin Jr. Bought 503,665 Shares


CEO and 10% owner of PHI Inc. (PHII), Alton Anthony Gonsoulin Jr. bought 503,665 shares on 12/03/2012 at an average price of $31.09. PHI inc. is a Louisiana corporation. The company is a provider of helicopter transportation services in the Gulf of Mexico. Phi Inc. has a market cap of $460.13 million; its shares were traded at around $31.09 with a P/E ratio of 26.36 and a P/S ratio of 0.85. PHI Inc. had an annual average earnings growth of 0.1% over the past five years.

Irving Kahn owns 31,780 shares as of 9/30/2012, which accounts for 0.18% of the $558 million portfolio of Kahn Brothers.

Director Thomas H. Murphy bought 1,000 shares of PHII stock on 11/15/2012 at the average price of 27.8. Thomas H Murphy owns at least 8,000 shares after this. The price of the stock has increased by 11.83% since.

Tuesday Morning Corp. (TUES, Financial): President and CEO Brady Churches Bought 48,614 Shares

President and CEO of Tuesday Morning Corp. (TUES) Brady Churches bought 48,614 shares on 12/06/2012 at an average price of $6.08. Tuesday Morning Corp. is a Delaware corporation incorporated in 1991. Tuesday Morning has a market cap of $263.95 million; its shares were traded at around $6.08 with a P/E ratio of 63.1 and P/S ratio of 0.32. Tuesday Morning Corp. had an annual average earnings growth of 6.2% over the past 10 years.

Tuesday Morning Corp. recently reported its first quarter 2013 financial results. Net revenue increased 1.3% to $172.8 million from $170.7 million in the first quarter of fiscal 2012.

Joel Greenblatt bought 25,105 shares in the quarter that ended on 9/30/2012, which is 0.011% of the $1.5 billion portfolio of Gotham Capital. Donald Smith owns 2,747,032 shares as of 9/30/2012, which accounts for 0.54% of the $3.32 billion portfolio of Donald Smith & Co.

Director Steven R. Becker bought 4,700 shares of TUES stock on 11/28/2012 at the average price of 5.74. Becker owns at least 3,656,121 shares after this. The price of the stock has increased by 5.92% since. Other insiders have also increased their positions in the company.

Pacific Biosciences of California Inc. (PACB, Financial): Chairman, CEO and President Michael Hunkapiller Bought 154,100 Shares

Chairman, CEO and President of Pacific Biosciences of California Inc. (PACB) Michael Hunkapiller bought 154,100 shares on 12/03/2012 at an average price of $1.55. Pacific Biosciences of California Inc. was incorporated in the State of Delaware in 2000. Pacific Biosciences of California Inc. has a market cap of $93.68 million; its shares were traded at around $1.55 with and P/S ratio of 2.77.

PACB recently reported its third quarter 2012 financial results. Gross profit for the third quarter of 2012 totaled $0.2 million, resulting in a gross margin of 7%, compared to a $0.3 million gross profit for the second quarter of 2012 and a gross margin of 4%.

Lee Ainslie owns 3,531,953 shares as of 9/30/2012, which accounts for 0.086% of the $7.55 billion portfolio of Maverick Capital. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 9/30/2012.

Inphi Corp. (IPHI, Financial): President and CEO Ford Tamer Bought 20,000 Shares

President and CEO of Inphi Corp. (IPHI) Ford Tamer bought 20,000 shares on 11/30/2012 at an average price of $8.87. Inphi Corp. was incorporated in Delaware in November 2000 as TCom Communications Inc. Inphi Corp has a market cap of $222.71 million; its shares were traded at around $8.87 with and P/S ratio of 2.81.

IPHI recently reported its third quarter 2012 financial results. Revenue for the third quarter of 2012 was $24.8 million, up 50% from $16.5 million reported for the third quarter of 2011. This was also up 6 % sequentially compared to $23.3 million reported for the second quarter of 2012.

CFO John Edmunds bought 10,000 shares of IPHI stock on 11/30/2012 at the average price of 7.8. Edmunds owns at least 62,572 shares after this. The price of the stock has increased by 13.72% since. There were mixed trades from other insiders.

Western Asset Mortgage Capital Corp. (WMC, Financial): President and CEO Gavin L. James Bought 5,250 Shares

President and CEO of Western Asset Mortgage Capital Corp. (WMC) Gavin L. James bought 5,250 shares on 12/05/2012 at an average price of $20.52. Western Asset Mortgage Capital Corp. is organized as a Delaware corporation focused on investing in, financing and managing primarily residential mortgage-backed securities, or RMBS, for which the principal and interest payments are guaranteed by a U. Western Asset Mortgage Capital Corp has a market cap of $213.4 million; its shares were traded at around $20.52 . The dividend yield of Western Asset Mortgage Capital Corp. stocks is 16.48%.

Director James W. Hirschmann bought 2,500 shares of WMC stock on 11/23/2012 at the average price of 19.87. James W. Hirschmann owns at least 30,000 shares after this. The price of the stock has increased by 3.27% since. Other insiders have also increased their positions in the company.