Weekly CEO Buys Highlight: TDG, OPK, QNST, PVA, CIO

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Sep 02, 2014
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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:

TransDigm Group Inc (TDG, Financial): CEO W Nicholas Howley bought 15,920 shares

CEO of TransDigm Group Inc (TDG, Financial) W Nicholas Howley bought 15,920 shares on 08/26/2014 at an average price of $187.99. TransDigm Group Inc. was formed in July 2003. The Company is a global designer, producer and supplier of engineered aircraft components for use on nearly all commercial and military aircraft in service today. Transdigm Group Inc has a market cap of $9.91 billion; its shares were traded at around $187.99 with a P/E ratio of 174.90 and P/S ratio of 4.70. Transdigm Group Inc had an annual average earnings growth of 21.30% over the past 10 years.

TransDigm Group recently reported its fiscal 2014 third quarter financial results. Net sales for the quarter rose 25.0% to $610.6 million from $488.6 million in the comparable quarter a year ago.

Joel Greenblatt (Trades, Portfolio) bought 1,737 shares in the quarter that ended on 06/30/2014, which is 0.0036% of the $7.99 billion portfolio of Gotham Asset Management, LLC. Lee Ainslie (Trades, Portfolio) owns 2,004,352 shares as of 06/30/2014, an increase of 19.27% from the previous quarter. This position accounts for 4.8% of the $6.97 billion portfolio of Maverick Capital ltd.

Exec. VP, CFO and Secretary Gregory Rufus sold 12,500 shares of TDG stock on 08/14/2014 at the average price of 177.38. Gregory Rufus owns at least 20,000 shares after this. The price of the stock has increased by 5.98% since.

Director Robert J Small bought 278,080 shares of TDG stock on 06/05/2014 at the average price of 190.61. Robert J Small owns at least 3,646,503 shares after this. The price of the stock has decreased by 1.37% since.

Opko Health Inc (OPK, Financial): CEO & Chairman, 10% Owner Phillip Md Et Al Frost Bought 65,000 Shares

CEO & Chairman, 10% owner of Opko Health Inc (OPK, Financial) Phillip Md Et Al Frost bought 65,000 shares during the past week at an average price of $8.90. Opko Health, Inc. was originally incorporated in Delaware in October 1991 under the name Cytoclonal Pharmaceutics, Inc. Opko Health Inc has a market cap of $3.82 billion; its shares were traded at around $8.90 with and P/S ratio of 40.50. Opko Health Inc had an annual average earnings growth of 5.40% over the past 10 years.

Mario Gabelli (Trades, Portfolio) owns 15,000 shares as of 06/30/2014, which accounts for 0.0007% of the $19.12 billion portfolio of GAMCO Investors. George Soros (Trades, Portfolio) owns 235,600 shares as of 06/30/2014, a decrease of 84.24% of from the previous quarter. This position accounts for 0.016% of the $13.27 billion portfolio of Soros Fund Management LLC.

Vice Chairman & CTO Jane Ph D Hsiao bought 10,000 shares of OPK stock on 04/15/2014 at the average price of 8.03. Jane Ph D Hsiao owns at least 21,338,212 shares after this. The price of the stock has increased by 10.83% since.

QuinStreet Inc (QNST, Financial): CEO, 10% Owner Douglas Valenti bought 32,000 shares

CEO, 10% owner of QuinStreet Inc (QNST, Financial) Douglas Valenti bought 32,000 shares during the past week at an average price of $4.79. QuinStreet, Inc. was incorporated in California on April 16, 1999 and reincorporated in Delaware on December 31, 2009. Quinstreet Inc has a market cap of $209.900 million; its shares were traded at around $4.79 with and P/S ratio of 0.70.

QuinStreet recently announced financial results for the fourth quarter and fiscal year ended June 30, 2014. For the fourth quarter, the Company reported revenue of $67.6 million and adjusted EBITDA of $1.8 million, or 3% of revenue. For the fiscal year, the Company reported revenue of $282.5 million and adjusted EBITDA of $24.2 million, or 9% of revenue.

Private Capital (Trades, Portfolio) owns 2,857,466 shares as of 06/30/2014, an increase of 36.29% from the previous quarter. This position accounts for 1.8% of the $873 million portfolio of Private Capital (Trades, Portfolio) Management. John Burbank (Trades, Portfolio) sold out his holdings in the quarter that ended on 06/30/2014.

Senior Vice President Peter Brooks sold 891 shares of QNST stock on 05/16/2014 at the average price of 5.35. Peter Brooks owns at least 52,538 shares after this. The price of the stock has decreased by 10.47% since.

Penn Virginia Corp (PVA, Financial): President and CEO H Baird Whitehead Bought 10,000 Shares

President and CEO of Penn Virginia Corp (PVA, Financial) H Baird Whitehead bought 10,000 shares on 08/27/2014 at an average price of $15.02. Penn Virginia Corporation is a Virginia corporation formed in 1882. Penn Virginia Corp has a market cap of $1.07 billion; its shares were traded at around $15.02 with and P/S ratio of 1.90. The dividend yield of Penn Virginia Corp stocks is 9.70%.

PVA recently reported its second quarter 2014 financial results. Operating income of $26.3 million in the second quarter of 2014, excluding $117.9 million of impairments, was $11.4 million higher than $14.9 million in the first quarter of 2014, excluding $56.8 million of gain on the sale of assets.

John Paulson (Trades, Portfolio) bought 550,000 shares in the quarter that ended on 06/30/2014, which is 0.04% of the $23.08 billion portfolio of Paulson & Co. George Soros (Trades, Portfolio) owns 6,003,509 shares as of 06/30/2014, which accounts for 0.77% of the $13.27 billion portfolio of Soros Fund Management LLC. Jean-Marie Eveillard (Trades, Portfolio) sold out his holdings in the quarter that ended on 06/30/2014.

EVP, COO John A Brooks sold 43,818 shares of PVA stock on 08/27/2014 at the average price of 14.66. John A Brooks owns at least 2,326 shares after this. The price of the stock has increased by 2.46% since.

City Office REIT Inc (CIO, Financial): CEO James Thomas Farrar bought 10,000 shares

CEO of City Office REIT Inc (CIO, Financial) James Thomas Farrar bought 10,000 shares on 08/27/2014 at an average price of $12.86. City Office Reit Inc has a market cap of $84.600 million; its shares were traded at around $12.86 with and P/S ratio of 3.70. The dividend yield of City Office Reit Inc stocks is 1.40%.

Director Stephen B Shraiberg bought 5,000 shares of CIO stock on 08/19/2014 at the average price of 12.57. Stephen B Shraiberg owns at least 5,000 shares after this. The price of the stock has increased by 2.31% since.