Weekly CEO Buys Highlight: MDR, MASI, FCH, FGP, FUR

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Jun 10, 2012
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:





Mcdermott Intl (MDR, Financial): President and CEO Stephen Marcum Johnson Bought 102,368 Shares


President and CEO of Mcdermott Intl (MDR) Stephen Marcum Johnson bought 102,368 shares on 06/06/2012 at an average price of $10.73. McDermott International is one of the worldwide energy services companies. Mcdermott Intl has a market cap of $2.26 billion; its shares were traded at around $10.73 with a P/E ratio of 16.3 and P/S ratio of 0.7.


Ken Fisher owns 4,005,800 shares as of 03/31/2012, an increase of 73.83% from the previous quarter. This position accounts for 0.14% of the $37.47 billion portfolio of Fisher Asset Management, LLC. John Keeley owns 2,969,054 shares as of 03/31/2012, an increase of 17.93% from the previous quarter. T his position accounts for 0.77% of the $4.94 billion portfolio of Keeley Fund Management. Ronald Muhlenkamp sold out his holdings in the quarter that ended on 03/31/2012.


McDermott International recently reported income from continuing operations of $59.3 million, or $0.25 per diluted share, for the 2012 first quarter. The results of the 2012 first quarter compare to income from continuing operations of $68.8 million, or $0.29 per diluted share, in the corresponding period of 2011.


SrVP, Gen.Counsel & Corp. Sec. Liane K Hinrichs bought 15,000 shares of MDR stock on 06/06/2012 at the average price of 9.6. Liane K Hinrichs owns at least 138,262 shares after this. The price of the stock has increased by 11.77% since. Other insiders have also increased their positions in the company.


Masimo Corp (MASI, Financial): CEO and Chairman of the Board Joe E Kiani Bought 50,000 Shares


CEO and Chairman of the Board of Masimo Corp (MASI) Joe E Kiani bought 50,000 shares on 06/01/2012 at an average price of $19.39. Masimo develops innovative monitoring technologies that significantly improve patient care -- helping solve `unsolvable` problems. Masimo Corp has a market cap of $1.08 billion; its shares were traded at around $19.39 with a P/E ratio of 18.1 and P/S ratio of 2.5. Masimo Corp had an annual average earnings growth of 6.7% over the past 5 years.


MASI recently reported its first quarter 2012 financial results. Masimo's total first quarter revenue, including royalties, rose 6% to $119.2 million, compared to $113.0 million for the first quarter of 2011. First quarter 2012 product revenue rose 11% to $112.2 million, compared to $101.6 million for the first quarter of 2011.


John Burbank bought 100,000 shares in the quarter that ended on 03/31/2012, which is 0.079% of the $2.95 billion portfolio of Passport Capital. Joel Greenblatt owns 69,345 shares as of 03/31/2012, an increase of 110.46% from the previous quarter. This position accounts for 0.14% of the $1.15 billion portfolio of Gotham Capital.


Director Jack W Lasersohn bought 1,000 shares of MASI stock on 06/01/2012 at the average price of 18.38. Jack W Lasersohn owns at least 1,000 shares after this. The price of the stock has increased by 5.5% since.


Felcor Lodging (FCH, Financial): President and CEO Richard Allen Smith Bought 150,000 Shares


President and CEO of Felcor Lodging (FCH) Richard Allen Smith bought 150,000 shares during the past week at an average price of $4.31. FelCor Lodging Trust Inc., a real estate investment trust, is one of the nation's largest owners of upper-upscale, all-suite hotels. Felcor Lodging has a market cap of $491.3 million; its shares were traded at around $4.31 with a P/E ratio of 30.4 and P/S ratio of 0.5.


John Paulson owns 5,700,000 shares as of 03/31/2012, which accounts for 0.14% of the $14.96 billion portfolio of Paulson & Co.. Arnold Schneider owns 737,790 shares as of 03/31/2012, a decrease of 77.56% of from the previous quarter. This position accounts for 0.22% of the $1.23 billion portfolio of Schneider Capital Management.


Felcor Lodging recently reported its first quarter 2012 financial results. Net loss was $28.9 million. The company also sold off 6 hotels during the quarter for $103 million, with a majority of that money being used to pay off debts.


Executive VP & CFO Andrew J Welch bought 15,290 shares of FCH stock on 05/17/2012 at the average price of 4.5. Andrew J Welch owns at least 381,263 shares after this. The price of the stock has decreased by 4.22% since. Other insiders have also increased their positions in the company.


Ferrellgas -Lp (FGP, Financial): CEO and President Stephen L Wambold Bought 31,150 Shares


CEO and President of Ferrellgas -Lp (FGP) Stephen L Wambold bought 31,150 shares on 06/01/2012 at an average price of $17.25. FERRELLGAS PARTNERS, L.P. is engaged in the sale, distribution, marketing and trading of propane and other natural gas liquids. Ferrellgas -lp has a market cap of $1.32 billion; its shares were traded at around $17.25 with and P/S ratio of 0.6. The dividend yield of Ferrellgas -lp stocks is 11.9%.


EVP and CFO; Treasurer James R Vanwinkle bought 10,000 shares of FGP stock on 06/06/2012 at the average price of 11.63. James R Vanwinkle owns at least 30,000 shares after this. The price of the stock has increased by 48.32% since.


Winthrop Realty (FUR, Financial): Chairman and CEO, 10% Owner Michael L Ashner Bought 27,000 Shares


Chairman and CEO, 10% Owner of Winthrop Realty (FUR) Michael L Ashner bought 27,000 shares on 06/01/2012 at an average price of $11.22. Winthrop Realty Trust is a Boston-based real estate investment trust. Winthrop Realty has a market cap of $333.9 million; its shares were traded at around $11.22 with a P/E ratio of 5.9 and P/S ratio of 4.8. The dividend yield of Winthrop Realty stocks is 6.4%. Winthrop Realty had an annual average earnings growth of 13.9% over the past 10 years.


Winthrop recently reported its first quarter 2012 financial results. Net income applicable to Common Shares for the quarter ended March 31, 2012 was $7.3 million, or $0.22 per Common Share, compared with net income of $7.1 million, or $0.26 per Common Share for the quarter ended March 31, 2011.