Weekly CEO Buys Highlights: GEL, WINA, LTS

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Oct 15, 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:





Genesis Energy LP (GEL): CEO Grant E. Sims Bought 216,334 Shares


CEO of Genesis Energy LP, Grant E. Sims bought 216,334 shares on 10/05/2012 at an average price of $33.19. Genesis operates crude oil common carrier pipelines and is an independent gatherer and marketer of crude oil in North America, with operations concentrated in Texas, Louisiana, Alabama, Florida, Mississippi and New Mexico. Genesis has a market cap of $2.69 billion; its shares were traded at around $33.19 with a P/E ratio of 35.3 and a P/S ratio of 0.9. The dividend yield of Genesis stocks is 5.4 percent and it had an annual average earnings growth of 6.1 percent over the past 10 years.


Genesis Energy recently reported its second quarter 2012 financial results. For the second quarter of 2012, the company generated a record total available cash before reserves of $43.2 million, an increase of $11.3 million, or 35 percent, over the second quarter of 2011.


Mario Gabelli owns 35,200 shares as of 06/30/2012, a decrease of 23.48 percent of from the previous quarter. This position accounts for 0.0077 percent of the $13.31 billion portfolio of GAMCO Investors.


Director James E. Davison bought 540,547 shares of GEL stock on 10/05/2012 at the average price of $30. Davison owns at least 3,550,803 shares after this. The price of the stock has increased by 10.63 percent since. There are mixed trades from other insiders.


Winmark Corporation (WINA): Chairman and CEO, 10% Owner John L. Morgan Bought 2,000 Shares


Chairman and CEO, and 10% Owner of Winmark Corporation (WINA, Financial), John L. Morgan bought 2,000 shares on 10/10/2012 at an average price of $51.53. Winmark Corporation is a company that franchises seven retail concepts, which buy, sell, trade and consign merchandise. Winmark Corporation has a market cap of $267.9 million; its shares were traded at around $51.53 with a P/E ratio of 18.9 and a P/S ratio of 5.2. The dividend yield of Winmark Corporation stocks is 0.3 percent. Winmark Corporation had an annual average earnings growth of 15.5 percent over the past 10 years.


Joel Greenblatt owns 3,926 shares as of 06/30/2012, a decrease of 51.61 percent from the previous quarter. This position accounts for 0.017 percent of the $1.36 billion portfolio of Gotham Capital.


Ladenburg Thalmann Financial Services (LTS): President and CEO Richard Lampen Bought 10,000 Shares


President and CEO of Ladenburg Thalmann Financial Services (LTS, Financial) Richard Lampen bought 10,000 shares on 10/10/2012 at an average price of $1.23. Ladenburg Thalmann Financial Services is a holding company engaged in the retail and institutional securities brokerage business and, through its subsidiary GBI Capital Partners, Inc. Ladenburg Thalmann Financial Services has a market cap of $233.5 million; its shares were traded at around $1.23 with and a P/S ratio of 0.8.


Second quarter 2012 revenues were at $163.4 million, a 171 percent increase from revenues of $60.2 million in the second quarter of 2011. Net loss for the second quarter was $5 million or $0.03 per basic and diluted share as compared to net income of $200,000 in the comparable 2011 period.


Director, 10% Owner Phillip Frost Md Et Al bought 20,000 shares of LTS stock on 10/11/2012 at the average price of $1.25. Phillip Frost Md Et Al owns at least 54,087,130 shares after this. The price of the stock has decreased by 1.6 percent since.


For the complete list of stocks that bought by their company CEOs, go to: CEO Buys