Weekly CEO Buys Highlights for the Final Week of 2015

FS Investment, JMP Group, Opko Health, Jernigan Capital, Calamos Asset Management were the largest CEO buys

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Jan 04, 2016
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According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend for CEOs is illustrated in the chart below:

FS Investment Corp.: CEO Michael C. Forman bought 85,110 shares

FS Investment (FSIC, Financial) CEO Michael C. Forman bought 85,110 shares during the past week at an average price of $8.99 per share. FS Investment was incorporated under the general corporation laws of Maryland on Dec. 21, 2007, and commenced operations on Jan. 2, 2009. FS Investment has a market cap of $2.18 billion; its shares were traded at around $8.99 with a P/E ratio of 20.50 and P/S ratio of 5.45. The dividend yield of FS Investment stocks is 9.91%.

FS Investment recently reported its third quarter 2015 financial results. Net investment income was 26 cents per share, compared to 25 cents per share for the quarter ended Sept. 30, 2014. Adjusted net investment income was 21 cents per share, compared to 25 cents per share for the quarter ended Sept. 30, 2014.

CFO William Balke Goebel bought 2,500 shares of FS Investment stock on Nov. 11, 2015 at the average price of $9.62. Goebel owns at least 5,000 shares now. The price of the stock has decreased by 6.55% since.

JMP Group LLC: CEO, 10% owner Joseph A. Jolson bought 94,362 shares

JMP Group LLC (JMP, Financial) CEO and 10% owner Joseph A. Jolson bought 94,362 shares during the past week at an average price of $5.46 per share. JMP Group is a Delaware corporation incorporated in January 2000. JMP Group has a market cap of $115.98 million; its shares were traded at around $5.46 with a P/E ratio of 10.70 and P/S ratio of 1.00. The dividend yield of JMP Group stocks is 8.35%.

JMP Group recently reported its third quarter 2015 financial results. Operating net income was $1.3 million, or 6 cents per diluted share, a decrease of 63.5% from $3.4 million, or 15 cents per share, for the third quarter of 2014. For the nine months ended Sept. 30, 2015, operating net income was $11.2 million, or 50 cents per share, a decrease of 5.2% from $11.9 million, or 52 cents per share, for the nine months ended Sept. 30, 2014.

CFO Raymond Jackson bought 4,000 shares of JMP Group stock on Dec. 14, 2015 at the average price of $5.26. Jackson owns at least 84,457 shares after this. The price of the stock has increased by 3.8% since.

Opko Health Inc.: CEO, Chairman and 10% owner Phillip Frost,Ă‚ MD et al bought 20,000 shares

Opko Health (OPK, Financial) CEO, Chairman and 10% owner Phillip Frost, MD et al bought 20,000 shares on Dec. 30, 2015, at an average price of $10.05 per share. Opko Health was originally incorporated in Delaware in October 1991 under the name Cytoclonal Pharmaceutics Inc. Opko Health has a market cap of $5.48 billion; its shares were traded at around $10.05 with a P/S ratio of 20.10. Opko Health had an annual average earnings growth of 9.50% over the past 10 years.

Opko Health recently reported its third quarter 2015 financial results. Consolidated revenues increased to $143.0 million from $19.8 million for the three months ended Sept. 30, 2015 compared to three months ended Sept. 30, 2014, and increased to $215.5 million from $65.6 million for the nine months ended Sept. 30, 2015 as compared to the 2014 period.

George Soros (Trades, Portfolio) owned 235,600 shares as of Dec. 31, 2014, which accounts for 0.026% of the $5.84 billion portfolio of Soros Fund Management LLC. Mario Gabelli (Trades, Portfolio) owned 11,000 shares as of Dec. 31, 2014, which accounts for 0.0006% of the $15.22 billion portfolio of GAMCO Investors.

Sr. Vice President and CFO Adam Logal bought 1,000 shares of Opko stock on Sept. 14, 2015 at the average price of $9.95. Logal owns at least 45,789 shares now. The price of the stock has increased by 1.01% since.

Jernigan Capital Inc. (JCAP, Financial): CEO and Chairman Dean Jernigan bought 6,874 shares

Jernigan Capital (JCAP, Financial) CEO and Chairman Dean Jernigan bought 6,874 shares on Dec. 28, 2015 at an average price of $14.95. Jernigan Capital was incorporated in Maryland on Oct. 1, 2014. Jernigan Capital has a market cap of $92.130 million; its shares were traded at around $14.95. The dividend yield of Jernigan Capital stocks is 7.02%.

Director Mark O. Decker bought 700 shares of Jernigan stock on Dec. 15, 2015 at the average price of $15.4. Decker owns at least 6,700 shares now. The price of the stock has decreased by 2.92% since.

Calamos Asset Management Inc.: Chairman, CEO, Global Co-CIO and 10% owner John P. Calamos Sr. bought 11,523 shares

Calamos Asset Management (CLMS, Financial) John P. Calamos Sr. bought 11,523 shares on Dec. 30, 2015 at an average price of $9.68 per share. Calamos Asset Management is a Delaware corporation, incorporated on July 23, 2004. Calamos Asset Management has a market cap of $198.75 million; its shares were traded at around $9.68 with a P/E ratio of 24.30 and P/S ratio of 0.76. The dividend yield of Calamos Asset Management stocks is 6.20%.

Mario Gabelli (Trades, Portfolio) owned 161,000 shares as of Dec. 31, 2014, which accounts for 0.011% of the $15.22 billion portfolio of GAMCO Investors.

SVP and CFO Nimish S. Bhatt bought 763 shares of Calamos stock on Nov. 24, 2015 at the average price of $9.38. Bhatt owns at least 108,847 shares now. The price of the stock has increased by 3.2% since.