Last weeks's top five stocks that were bought by their CEOs were CoBiz Financial Inc, Winmark Corp, The Greenbrier Companies Inc, AngioDynamics Inc, FCStone Group Inc. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
CoBiz Financial Inc. (COBZ, Financial): Chairman/CEO Steven Bangert Bought 100,000 Shares
Chairman/CEO of CoBiz Financial Inc. ( COBZ) Steven Bangert bought 100,000 shares on 07/20/2009 at an average price of $4.4. CoBiz Inc. is a financial holding company headquartered in Denver. The company has a market cap of $103.1 million; its shares were traded at around $4.4 with and P/S ratio of 0.6. The dividend yield of CoBiz Financial Inc. stocks is 0.9%. CoBiz Financial Inc. had an annual average earning growth of 17.1% over the past 10 years. GuruFocus rated CoBiz Financial Inc. the business predictability rank of 5-star.
Buy: Director Mary M White bought 1,000 shares of COBZ stock on 07/20/2009 at the average price of $4.26; the price of the stock has increased by 3.29% since.
Winmark Corp. (WINA, Financial): Chairman & CEO, 10% Owner John L Morgan Bought 20,000 Shares
Chairman & CEO, 10% Owner of Winmark Corp. (WINA) John L Morgan bought 20,000 shares on 07/22/2009 at an average price of $18.5. Winmark Corporation is a franchise company that franchises seven retail concepts which buy sell trade and consign merchandise. Each concept operates in a different industry and provides the consumer with 'ultra-high value' retailing. The company began franchising the Play It Again Sports store concept and through a series of acquisitions has expanded its operations. Winmark Corp. has a market cap of $98.9 million; its shares were traded at around $18.5 with a P/E ratio of 21.6 and P/S ratio of 2.8.
Winmark recently reported its first quarter 2009 results. The company reported that its net income was 26 cents per diluted share, compared to 17 cents per diluted share in the first quarter of 2008. John L. Morgan, Chairman and Chief Executive Officer, stated, “The growth in our first quarter profits was primarily due to the improved performance of Winmark Capital, as well as a tighter control of selling, general and administrative expenses across all of our businesses. We are pleased with our performance, but remain cautious about the current economic environment.”
Buy: President, Winmark Capital Steven C Zola bought 456 shares of WINA stock on 06/23/2009 at the average price of $15.5; the price of the stock has increased by 19.35% since.
The Greenbrier Companies Inc. (GBX, Financial): President & CEO William A Furman Bought 21,680 Shares
President & CEO of The Greenbrier Companies Inc. ( GBX) William A Furman bought 21,680 shares during the past week at an average price of $9.61. Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The company has a market cap of $160.6 million; its shares were traded at around $9.61 with and P/S ratio of 0.1. The Greenbrier Companies Inc. had an annual average earning growth of 3.4% over the past 10 years.
The Greenbrier Companies recently reported its third quarter 2009 results. The company announced that its revenue was $244 million, down 36% from results from a year ago.William A. Furman, president and chief executive officer, said, "The sequential improvement in our quarterly financial results as compared to the first two quarters of 2009 was due to stronger performance in our manufacturing and refurbishment & parts business segments. Nevertheless, our markets remain challenging in light of the ongoing global economic recession. Year-to-date rail loadings in North America are down about 20%, and it is estimated that about 20% - 25% of the entire North American railcar fleet remains idle. In this environment, we continue to scale our operations to reflect the current economic situation, control costs and expenditures, manage the Company for cash flow, and seek to pay down debt. During the quarter, we paid down net debt by an additional $19 million. We expect this trend to continue in the fourth quarter."
John Keeley owns 1,964,700 shares as of 03/31/2009, which accounts for 0.15% of the $4.75 billion portfolio of Keeley Fund Management.
Buy: EVP/Treasurer/CFO Mark J Rittenbaum bought 5,000 shares of GBX stock on 02/04/2009 at the average price of $5.62; the price of the stock has increased by 71% since.
AngioDynamics Inc. (ANGO, Financial): President & CEO Jan Keltjens Bought 5,000 Shares
President & CEO of AngioDynamics Inc. (ANGO) Jan Keltjens bought 5,000 shares on 07/21/2009 at an average price of $12.12. AngioDynamics Inc. is a leading provider of innovative medical devices used by interventional radiologists vascular surgeons and other physicians for the minimally invasive diagnosis and treatment of peripheral vascular disease. The company has a market cap of $296.1 million; its shares were traded at around $12.12 with a P/E ratio of 24.2 and P/S ratio of 1.4.
AngioDynamics recently reported its fourth quarter and full year 2008 results. The company announced that its Net Sales increased 13% to $52.8 Million. The company also said that net income was 12 cents per share in the fourth quarter.
Buy: Director Steve Laporte bought 2,000 shares of ANGO stock on 07/22/2009 at the average price of $11.42; the price of the stock has increased by 6.13% since.
FCStone Group Inc. (FCSX, Financial): President and CEO Paul G Anderson Bought 12,000 Shares
President and CEO of FCStone Group Inc. (FCSX) Paul G Anderson bought 12,000 shares on 07/20/2009 at an average price of $4.96. FCSTONE GROUP INC is an integrated commodity risk management company that provides risk management consulting and transaction execution services to commercial commodity intermediaries end users and producers. It has a market cap of $138.5 million; its shares were traded at around $4.96 with a P/E ratio of 23.6 and P/S ratio of 0.3.
FC Stone recently reported its third quarter results. The company announced that its revenue was $57.5 million in the third quarter, compared to $83.6 million from results a year ago.
Buy: Director Dave Reinders bought 3,000 shares of FCSX stock on 07/22/2009 at the average price of $4.59; the price of the stock has increased by 8.06% since.
CoBiz Financial Inc. (COBZ, Financial): Chairman/CEO Steven Bangert Bought 100,000 Shares
Chairman/CEO of CoBiz Financial Inc. ( COBZ) Steven Bangert bought 100,000 shares on 07/20/2009 at an average price of $4.4. CoBiz Inc. is a financial holding company headquartered in Denver. The company has a market cap of $103.1 million; its shares were traded at around $4.4 with and P/S ratio of 0.6. The dividend yield of CoBiz Financial Inc. stocks is 0.9%. CoBiz Financial Inc. had an annual average earning growth of 17.1% over the past 10 years. GuruFocus rated CoBiz Financial Inc. the business predictability rank of 5-star.
Buy: Director Mary M White bought 1,000 shares of COBZ stock on 07/20/2009 at the average price of $4.26; the price of the stock has increased by 3.29% since.
Winmark Corp. (WINA, Financial): Chairman & CEO, 10% Owner John L Morgan Bought 20,000 Shares
Chairman & CEO, 10% Owner of Winmark Corp. (WINA) John L Morgan bought 20,000 shares on 07/22/2009 at an average price of $18.5. Winmark Corporation is a franchise company that franchises seven retail concepts which buy sell trade and consign merchandise. Each concept operates in a different industry and provides the consumer with 'ultra-high value' retailing. The company began franchising the Play It Again Sports store concept and through a series of acquisitions has expanded its operations. Winmark Corp. has a market cap of $98.9 million; its shares were traded at around $18.5 with a P/E ratio of 21.6 and P/S ratio of 2.8.
Winmark recently reported its first quarter 2009 results. The company reported that its net income was 26 cents per diluted share, compared to 17 cents per diluted share in the first quarter of 2008. John L. Morgan, Chairman and Chief Executive Officer, stated, “The growth in our first quarter profits was primarily due to the improved performance of Winmark Capital, as well as a tighter control of selling, general and administrative expenses across all of our businesses. We are pleased with our performance, but remain cautious about the current economic environment.”
Buy: President, Winmark Capital Steven C Zola bought 456 shares of WINA stock on 06/23/2009 at the average price of $15.5; the price of the stock has increased by 19.35% since.
The Greenbrier Companies Inc. (GBX, Financial): President & CEO William A Furman Bought 21,680 Shares
President & CEO of The Greenbrier Companies Inc. ( GBX) William A Furman bought 21,680 shares during the past week at an average price of $9.61. Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The company has a market cap of $160.6 million; its shares were traded at around $9.61 with and P/S ratio of 0.1. The Greenbrier Companies Inc. had an annual average earning growth of 3.4% over the past 10 years.
The Greenbrier Companies recently reported its third quarter 2009 results. The company announced that its revenue was $244 million, down 36% from results from a year ago.William A. Furman, president and chief executive officer, said, "The sequential improvement in our quarterly financial results as compared to the first two quarters of 2009 was due to stronger performance in our manufacturing and refurbishment & parts business segments. Nevertheless, our markets remain challenging in light of the ongoing global economic recession. Year-to-date rail loadings in North America are down about 20%, and it is estimated that about 20% - 25% of the entire North American railcar fleet remains idle. In this environment, we continue to scale our operations to reflect the current economic situation, control costs and expenditures, manage the Company for cash flow, and seek to pay down debt. During the quarter, we paid down net debt by an additional $19 million. We expect this trend to continue in the fourth quarter."
John Keeley owns 1,964,700 shares as of 03/31/2009, which accounts for 0.15% of the $4.75 billion portfolio of Keeley Fund Management.
Buy: EVP/Treasurer/CFO Mark J Rittenbaum bought 5,000 shares of GBX stock on 02/04/2009 at the average price of $5.62; the price of the stock has increased by 71% since.
AngioDynamics Inc. (ANGO, Financial): President & CEO Jan Keltjens Bought 5,000 Shares
President & CEO of AngioDynamics Inc. (ANGO) Jan Keltjens bought 5,000 shares on 07/21/2009 at an average price of $12.12. AngioDynamics Inc. is a leading provider of innovative medical devices used by interventional radiologists vascular surgeons and other physicians for the minimally invasive diagnosis and treatment of peripheral vascular disease. The company has a market cap of $296.1 million; its shares were traded at around $12.12 with a P/E ratio of 24.2 and P/S ratio of 1.4.
AngioDynamics recently reported its fourth quarter and full year 2008 results. The company announced that its Net Sales increased 13% to $52.8 Million. The company also said that net income was 12 cents per share in the fourth quarter.
Buy: Director Steve Laporte bought 2,000 shares of ANGO stock on 07/22/2009 at the average price of $11.42; the price of the stock has increased by 6.13% since.
FCStone Group Inc. (FCSX, Financial): President and CEO Paul G Anderson Bought 12,000 Shares
President and CEO of FCStone Group Inc. (FCSX) Paul G Anderson bought 12,000 shares on 07/20/2009 at an average price of $4.96. FCSTONE GROUP INC is an integrated commodity risk management company that provides risk management consulting and transaction execution services to commercial commodity intermediaries end users and producers. It has a market cap of $138.5 million; its shares were traded at around $4.96 with a P/E ratio of 23.6 and P/S ratio of 0.3.
FC Stone recently reported its third quarter results. The company announced that its revenue was $57.5 million in the third quarter, compared to $83.6 million from results a year ago.
Buy: Director Dave Reinders bought 3,000 shares of FCSX stock on 07/22/2009 at the average price of $4.59; the price of the stock has increased by 8.06% since.
