Weekly CEO Buys Highlight: TPC, NUVA, PHII, GBDC, ARO

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Jun 10, 2015

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:

Tutor Perini Corp: Chairman & CEO, 10% Owner Ronald N Tutor bought 153,115 shares

Chairman & CEO, 10% Owner of Tutor Perini Corp (TPC, Financial) Ronald N Tutor bought 153,115 shares during the past week at an average price of $22.49. Tutor Perini Corp was incorporated in 1918. The company is a construction services company which offers general contracting, pre-construction planning and comprehensive project management services, including the planning and scheduling of the manpower, equipment, materials and subcontractors required for a project. Tutor Perini Corp has a market cap of $1.1 billion; its shares were traded at around $22.49 with a P/E ratio of 11.30 and P/S ratio of 0.20.

TPC recently reported its first quarter 2015 financial results. Revenue was $1,066.5 million for the three months ended March 31, 2015, compared to $955.2 million for the same period in 2014. Income from construction operations was $20.1 million for the three months ended March 31, 2015, compared to $41.5 million for the same period in 2014.

David Dreman (Trades, Portfolio) owns 370,532 shares as of 12/31/2014, which accounts for 0.73% of the $1.16 billion portfolio of Dreman Value Management. Richard Pzena (Trades, Portfolio) owns 768,299 shares as of 12/31/2014, which accounts for 0.099% of the $17.99 billion portfolio of Pzena Investment Management LLC. HOTCHKIS & WILEY sold out his holdings in the quarter that ended on 12/31/2014.

10% Owner Ronald N. Tutor Separate Prope bought 95,004 shares of TPC stock on 06/05/2015 at the average price of 22.52. Ronald N. Tutor Separate Prope owns at least 5,751,235 shares after this. The price of the stock has decreased by 0.13% since.

NuVasive Inc: Chairman & CEO Gregory T Lucier bought 28,000 shares

Chairman & CEO of NuVasive Inc (NUVA, Financial) Gregory T Lucier bought 28,000 shares during the past week at an average price of $48.25. NuVasive Inc was incorporated in Delaware on July 21, 1997, and began commercializing its products in 2001. Nuvasive Inc has a market cap of $2.33 billion; its shares were traded at around $48.25 with a P/E ratio of 75.50 and P/S ratio of 3.00.

NuVasive reported first quarter 2015 total revenue of $192.4 million, an 8.4% increase compared to $177.5 million for the first quarter 2014. On a constant currency basis, first quarter 2015 total revenue increased 10.0% compared to the same period last year.

Ken Fisher (Trades, Portfolio) owns 1,515,939 shares as of 12/31/2014, an increase of 28.72% from the previous quarter. This position accounts for 0.15% of the $48.83 billion portfolio of Fisher Asset Management, LLC. Mario Gabelli (Trades, Portfolio) owns 166,700 shares as of 12/31/2014, which accounts for 0.041% of the $19.06 billion portfolio of GAMCO Investors.

President and COO Patrick Miles sold 4,194 shares of NUVA stock on 06/02/2015 at the average price of 49.47. Patrick Miles owns at least 92,488 shares after this. The price of the stock has decreased by 2.47% since.

PHI Inc: CEO, 10% Owner Alton Anthony Gonsoulin Jr bought 23,484 shares

CEO, 10% Owner of PHI Inc (PHII, Financial) Alton Anthony Gonsoulin Jr bought 23,484 shares during the past week at an average price of $34.98. PHI Inc was incorporated in 1949. The company and its subsidiaries are providers of helicopter transportation services in the Gulf of Mexico. Phi Inc has a market cap of $545.000 million; its shares were traded at around $34.98 with a P/E ratio of 11.40 and P/S ratio of 0.70. Phi Inc had an annual average earnings growth of 21.10% over the past five years.

Golub Capital BDC Inc: CEO David Golub bought 36,675 shares

CEO of Golub Capital BDC Inc (GBDC, Financial) David Golub bought 36,675 shares during the past week at an average price of $17.23. Golub Capital BDC, Inc. was formed in November 2009. Golub Capital BDC Inc has a market cap of $882.600 million; its shares were traded at around $17.23 with a P/E ratio of 11.80 and P/S ratio of 7.10. The dividend yield of Golub Capital BDC Inc stocks is 7.40%.

Golub Capital recently reported its second fiscal quarter 2015 financial results. Net investment income for the quarter ended March 31, 2015 was $13.8 million, or $0.29 per share, as compared to $14.6 million, or $0.31 per share, for the quarter ended December 31, 2014.

Director William M Webster IV bought 5,000 shares of GBDC stock on 04/10/2015 at the average price of $17.42. William M Iv Webster owns at least 210,503 shares after this. The price of the stock has decreased by 1.09% since.

Aeropostale Inc: CEO Julian Geiger bought 250,000 shares

CEO of Aeropostale Inc (ARO, Financial) Julian Geiger bought 250,000 shares on 06/04/2015 at an average price of $1.86. Aeropostale Inc is a Delaware corporation was originally incorporated as MSS-Delaware, Inc. Aeropostale Inc has a market cap of $147.300 million; its shares were traded at around $1.86 with and P/S ratio of 0.10.

Meridian Funds (Trades, Portfolio) owns 457,900 shares as of 06/30/2013, a decrease of 26.16% of from the previous quarter. This position accounts for 0.24% of the $2.68 billion portfolio of Meridian Fund.

Director Janet Grove bought 25,000 shares of ARO stock on 06/09/2015 at the average price of 1.89. Janet Grove owns at least 97,962 shares after this. The price of the stock has decreased by 1.59% since.