Weekly CEO Buys Highlight: Shutterstock, Endurance Specialty Holdings, Opko, Air Products, KapStone

GuruFocus Insider Data reports these are the largest CEO buys in the past week

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Aug 31, 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:

Shutterstock Inc.: CEO and 10% owner Jonathan Oringer bought 200,000 shares

 of Shutterstock Inc. (SSTK, Financial) CEO and 10% owner Jonathan Oringer bought 200,000 shares during the past week at an average price of $33.74. Shutterstock is a Delaware Corporation founded in 2003. Shutterstock has a market cap of $1.22 billion; its shares were traded at around $33.74 with a P/E ratio of 57.72 and P/S ratio of 3.24.

Ron Baron (Trades, Portfolio) owns 910,557 shares as of Dec. 31, 2014, which accounts for 0.25% of the $25.43 billion portfolio of Baron Funds.

SVP Enterprise Sales Nicholas Flynn sold 4,300 shares of SSTK stock on June 15 at the average price of $63. Nicholas Flynn owns at least 18,016 shares after this. The price of the stock has decreased by 46.44% since.

Endurance Specialty Holdings Ltd.: Chairman and CEO John Charman bought 100,000 shares

Endurance Specialty Holdings Ltd. (ENH, Financial)Â Chairman and CEOÂ John Charman bought 100,000 shares on Aug. 26 at an average price of $63.54. Endurance Specialty Holdings was organized on June 27, 2002 under the laws of Bermuda to act as a holding company of providers of property and casualty insurance and reinsurance. Endurance Specialty Holdings has a market cap of $4.18 billion; its shares were traded at around $63.54 with a P/E ratio of 8.93 and P/S ratio of 1.39. The dividend yield of Endurance Specialty Holdings stocks is 2.17%.

Endurance Speciality Holdings recently reported net income available to common shareholders of $76.0 million and $1.68 per diluted common share for the second quarter of 2015 versus net income of $75.0 million and $1.68 per diluted common share for the second quarter of 2014.

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. 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 Ian Michael Winchester bought 3,650 shares of ENH stock on Aug. 19 at the average price of 68.62. Ian Michael Winchester owns at least 26,683 shares after this. The price of the stock has decreased by 7.4% since.

Opko Health Inc.: CEO, Chairman and 10% owner Phillip Frost, MD, et al bought 283,000 shares

Opko Health Inc. (OPK, Financial) CEO, Chairman and10% owner Phillip Md Et Al Frost bought 283,000 shares during the past week at an average price of $11.16. Opko Health was originally incorporated in Delaware in October 1991 under the name Cytoclonal Pharmaceutics, Inc. Opko Health has a market cap of $5.17 billion; its shares were traded at around $11.16 with and P/S ratio of 41.34. Opko Health had an annual average earnings growth of 9.00% over the past 10 years.

Opko Health recently reported its second quarter 2015 financial results. Cash, cash equivalents and marketable securities were $221.2 million as of June 30. Consolidated revenues increased to $42.4 million and $72.5 million during the three and six months ended June 30, from $23.5 million and $45.8 million in the comparable periods of 2014.

George Soros (Trades, Portfolio) owns 235,600 shares as of Dec. 31, 2014, which accounts for 0.026% of the $9.64 billion portfolio of Soros Fund Management LLC. Mario Gabelli (Trades, Portfolio) owns 11,000 shares as of Dec. 31, 2014, which accounts for 0.0006% of the $18.46 billion portfolio of GAMCO Investors.

Sr. Vice President and CFO Adam Logal sold 41,488 shares of OPK stock on March 13 at the average price of 14.64. Logal owns at least 44,789 shares after this. The price of the stock has decreased by 23.77% since.

Air Products & Chemicals Inc.: Chairman, President and CEO Seifi Ghasemi bought 20,000 shares

Air Products & Chemicals Inc. (APD, Financial)Â Chairman, President and CEOÂ Seifi Ghasemi bought 20,000 shares on Aug. 24 at an average price of $139.06. Air Products & Chemicals was incorporated in Delaware in 1940. Air Products & Chemicals has a market cap of $29.9 billion; its shares were traded at around $139.06 with a P/E ratio of 29.06 and P/S ratio of 2.98. The dividend yield of Air Products & Chemicals stocks is 2.28%. Air Products & Chemicals had an annual average earnings growth of 4.20% over the past 10 years. GuruFocus rated Air Products & Chemicals Inc the business predictability rank of 3.5-star.

APD recently announced its third quarter fiscal 2015 financial results. The company reported net income of $359 million, up 14 percent versus prior year, and diluted earnings per share (EPS) of $1.65, up 13 percent versus prior year for its fiscal third quarter ended June 30. On a GAAP basis, net income and diluted EPS from continuing operations were $319 million and $1.47, respectively, for the quarter.

Bill Ackman (Trades, Portfolio) owns 20,549,076 shares as of 12/31/2014, which accounts for 18.5% of the $14.45 billion portfolio of Pershing Square Capital Management, L.P. Mario Gabelli (Trades, Portfolio) owns 4,050 shares as of 12/31/2014, which accounts for 0.003% of the $18.46 billion portfolio of GAMCO Investors. Chris Davis (Trades, Portfolio) owns 1,754 shares as of 12/31/2014, a decrease of 26.98% of from the previous quarter. This position accounts for 0.0008% of the $28.52 billion portfolio of Davis Selected Advisers.

Director Charles I Cogut bought 400 shares of APD stock on 08/25/2015 at the average price of 137.17. Charles I Cogut owns at least 1,000 shares after this. The price of the stock has increased by 1.38% since.

KapStone Paper And Packaging Corp.: Chairman and CEO Roger W. Stone bought 100,000 shares

KapStone Paper And Packaging Corp. (KS, Financial)Â Chairman and CEOÂ Roger W Stone bought 100,000 shares on Aug. 24 at an average price of $21.77. KapStone Paper and Packaging Corporation, formerly Stone Arcade Acquisition Corporation, was formed in Delaware as a special purpose acquisition corporation on April 15 for the purpose of effecting a merger, capital stock exchange, asset acquisition or other similar business combination with an unidentified operating business in the paper, packaging, forest products and related industries. Kapstone Paper And Packaging has a market cap of $2.1 billion; its shares were traded at around $21.77 with a P/E ratio of 14.29 and P/S ratio of 0.89. The dividend yield of Kapstone Paper And Packaging stocks is 1.38%. Kapstone Paper And Packaging Corp an annual average earnings growth of 15.90% over the past five years.

David Einhorn (Trades, Portfolio) bought 875,000 shares in the quarter that ended on Dec. 31, 2014, which is 0.34% of the $7.97 billion portfolio of Greenlight Capital. Joel Greenblatt (Trades, Portfolio) bought 32,946 shares in the quarter that ended on Dec. 31, 2014, which is 0.0078% of the $11.96 billion portfolio of Gotham Asset Management, LLC.John Keeley (Trades, Portfolio) owns 1,733,903 shares as of 12/31/2014, which accounts for 1% of the $4.23 billion portfolio of Keeley Asset Management Corp.

VP and CFO Andrea K. Tarbox sold 20,549 shares of KS stock on 06/08/2015 at the average price of 26.76. Tarbox owns at least 98,690 shares after this. The price of the stock has decreased by 18.65% since.