Weekly CEO Buys Highlights: SHLD, HTZ, PAGP, DEA, ATEN

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Aug 18, 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:

Sears Holdings Corp.: CEO, 10% Owner Edward S. Lampert bought 277,252 shares

CEO, 10% Owner of Sears Holdings Corp. (SHLD, Financial) Edward S. Lampert bought 277,252 shares on 08/10/2015 at an average price of $25.37. Sears Holdings Corp. was incorporated in the State of the State of Delaware on Nov. 23, 2004 in connection with the merger of Kmart and Sears on March 24, 2005. Sears Holdings Corp. has a market cap of $2.7 billion; its shares were traded at around $25.37 with and P/S ratio of 0.09.

SHLD recently reported its first quarter 2015 financial results. Domestic Adjusted EBITDA of $(141) million in the first quarter of 2015 compared to $(178) million in the prior year first quarter, which is the third consecutive quarter of improved EBITDA performance on a year-over-year basis. Net loss attributable to Sears Holdings' shareholders of $303 million ($2.85 loss per diluted share) for the first quarter of 2015 compared to a loss of $402 million ($3.79 loss per diluted share) for the prior year first quarter.

Bruce Berkowitz (Trades, Portfolio) owns 26,545,273 shares as of 12/31/2014, which accounts for 12% of the $4.92 billion portfolio of Fairholme Capital Management. Edward Lampert (Trades, Portfolio) owns 26,438,272 shares as of 12/31/2014, which accounts for 39.4% of the $1.68 billion portfolio of RBS Partners, L.P. Steve Mandel (Trades, Portfolio) owns 2,163,100 shares as of 12/31/2014, which accounts for 0.3% of the $26.73 billion portfolio of Lone Pine Capital.

10% Owner Bruce R. Berkowitz bought 9,100 shares of SHLD stock on 08/11/2015 at the average price of 25.25. Bruce R. Berkowitz owns at least 26,645,148 shares after this. The price of the stock has increased by 0.48% since.

Hertz Global Holdings Inc.: President and CEO John P. Tague bought 150,000 shares

President and CEO of Hertz Global Holdings Inc. (HTZ, Financial) John P. Tague bought 150,000 shares during the past week at an average price of $18.81. Hertz Global Holdings Inc. was incorporated in Delaware in 2005. Hertz Global Holdings Inc. has a market cap of $8.64 billion; its shares were traded at around $18.81 with and P/S ratio of 0.77. Hertz Global Holdings Inc. had an annual average earnings growth of 0.40% over the past 10 years.

HTZ recently reported net income of $23 million, or $0.05 per diluted share, for the second quarter 2015, compared with net income of $72 million, or $0.15 per diluted share, for the same period last year. The company also reported that adjusted net income for the second quarter 2015 was $88 million, or $0.19 per diluted share, compared with $132 million, or $0.28 per diluted share, for the same period last year. Total revenues for the second quarter 2015 were $2.7 billion versus $2.8 billion for the same period last year. Corporate EBITDA for the second quarter of 2015 was $379 million versus $446 million in the second quarter of 2014.

Mario Gabelli (Trades, Portfolio) owns 1,228,680 shares as of 12/31/2014, an increase of 231.35% from the previous quarter. This position accounts for 0.16% of the $18.46 billion portfolio of GAMCO Investors. Whitney Tilson (Trades, Portfolio) owns 141,225 shares as of 12/31/2014, an increase of 45.76% from the previous quarter. This position accounts for 5.9% of the $55 million portfolio of Kase Capital Management. Carl Icahn (Trades, Portfolio) owns 51,922,405 shares as of 12/31/2014, an increase of 33.82% from the previous quarter. This position accounts for 4.1% of the $31.2 billion portfolio of Icahn Capital Management LP. First Eagle Investment (Trades, Portfolio) owns 2,360,050 shares as of 12/31/2014, which accounts for 0.14% of the $41.92 billion portfolio of First Eagle Investment (Trades, Portfolio) Management, LLC.

Senior Executive VP & CFO Thomas C. Kennedy bought 25,000 shares of HTZ stock on 08/13/2015 at the average price of 18.24. Thomas C Kennedy owns at least 66,000 shares after this. The price of the stock has increased by 3.13% since.

Plains GP Holdings LP: Chairman of the Board and CEO Greg L. Armstrong bought 120,000 shares

Chairman of the Board and CEO of Plains GP Holdings LP (PAGP, Financial) Greg L. Armstrong bought 120,000 shares during the past week at an average price of $20.46. Plains GP Holdings LP is a Delaware limited partnership formed on July 17, 2013 to own an interest in the general partner and incentive distribution rights (IDRs) of Plains All American Pipeline, L. Plains GP Holdings LP has a market cap of $12.4 billion; its shares were traded at around $20.46 with a P/E ratio of 49.85 and P/S ratio of 0.13. The dividend yield of Plains GP Holdings LP stocks is 4.12%.

Ruane Cunniff (Trades, Portfolio) bought 1,012,200 shares in the quarter that ended on 12/31/2014, which is 0.075% of the $20.97 billion portfolio of Ruane, Cunniff & Goldfarb Inc.

CUO, Third Point Re USA Ltd. Anthony Urban sold 39,442 shares of TPRE stock on 08/14/2015 at the average price of 13.95. Anthony Urban owns at least 68,211 shares after this. The price of the stock has increased by 3.01% since.

Easterly Government Properties Inc.: CEO and President William C. Trimble bought 75,000 shares

CEO and President of Easterly Government Properties Inc. (DEA, Financial) William C. Trimble bought 75,000 shares on 08/10/2015 at an average price of $15.90. Easterly Government Properties Inc. was organized in the state of Maryland on Oct. 9, 2014. Easterly Government Properties Inc. has a market cap of $384.280 million; its shares were traded at around $15.90 with and P/S ratio of 18.29. The dividend yield of Easterly Government Properties Inc. stocks is 2.02%.

Richard Pzena (Trades, Portfolio) owns 680,150 shares as of 12/31/2014, an increase of 26.84% from the previous quarter. This position accounts for 0.22% of the $17.72 billion portfolio of Pzena Investment Management LLC. David Dreman (Trades, Portfolio) owns 169,073 shares as of 12/31/2014, which accounts for 0.83% of the $1.21 billion portfolio of Dreman Value Management. HOTCHKIS & WILEY owns 176,100 shares as of 12/31/2014, which accounts for 0.037% of the $28.31 billion portfolio of Hotchkis & Wiley Capital Management LLC. Joel Greenblatt (Trades, Portfolio) owns 4,698 shares as of 12/31/2014, which accounts for 0.0023% of the $11.96 billion portfolio of Gotham Asset Management, LLC.

Director John Thomas Baily bought 35 shares of ENH stock on 06/30/2015 at the average price of 66.27. John Thomas Baily owns at least 33,549 shares after this. The price of the stock has increased by 4.15% since.

A10 Networks Inc.: CEO and President, 10% Owner Lee Chen bought 136,936 shares

CEO and President, 10% Owner of A10 Networks Inc. (ATEN, Financial) Lee Chen bought 136,936 shares during the past week at an average price of $7.38. A10 Networks Inc. A10 Networks Inc was incorporated in the State of California in July 2004. A10 Networks Inc has a market cap of $460.660 million; its shares were traded at around $7.38 with and P/S ratio of 2.49.

VP, Legal & Corp Collaboration Robert D. Cochran sold 5,000 shares of ATEN stock on 08/10/2015 at the average price of 7. Robert D. Cochran owns at least 190,728 shares after this. The price of the stock has increased by 5.43% since.