This is the weekly highlight of top CEO buys. Related Companies: General Growth Properties Inc (GGP, Financial), Marsh & McLennan Companies Inc. (MMC, Financial), OYO Geospace Corp. (OYOG, Financial), STERIS Corp. (STE, Financial), Endwave Corp. (ENWV, Financial).
General Growth Properties Inc (GGP): CEO, Director John Bucksbaum Bought 137,491 Shares
The mall operator General Growth Properties, Inc. (GGP) reported their fourth quarter income dropped by 37% to $58.7 million, or 24 cents per share. The company faced lower land sales for the quarter. Revenue was also narrowed by 4% to $928.7 million and annual revenue was reported to be $3.26 billion.
While George Soros bought 4,955 shares in the last quarter of 2007, Chris Davis reduced his GGP holdings by 69% to 3,847,526 shares. Ron Baron and Ruane Cunniff own GGP in their portfolio.
CEO, Director John Bucksbaum bought 137,491 shares of GGP stock on 2/14/08 at $36.32. Since November, other insider buys were made between $36.28 and $49.37 by CFO Bernard Freibaum, who bought a total of 103,700 shares; Director Adam S. Metz, who bought 19,000 shares; and Chief Investment Officer Joel Bayer, who bought 10,000 shares.
Also in December, Chief Corporate Development Jean Schlemmer and President & COO, Director Robert A. Michaels sold 75,000 shares and 131,900 shares, respectively around $41.
General Growth Properties Inc has a market cap of $8.9 billion; its shares were traded at around $37.97 with a P/E ratio of 29.84 and P/S ratio of 2.63. The dividend yield of General Growth Properties Inc stocks is 5.6%.
Marsh & McLennan Companies Inc. (MMC): Chairman & CEO, Marsh Daniel S Glaser Bought 66,000 Shares
The insurance brokerage firm Marsh & McLennan Companies, Inc. (MMC)’s fourth quarter profit plunged by 62% to $226 million or 40 cents a share due to a 12% drop in insurance rate and lower commission revenue. Also, the company faced two major expenses: $850 million fine from a legal case, and $7.2 million severance pay to their CEO Michael G. Cherkasky. For the fiscal year, MMC earned $2.47 billion, or $4.53 per share compared with a profit of $990 million or $1.76 per share from 2006.
John Keeley bought 31,500 shares in the last quarter that ended in 2007. Also, Charles Brandes, Dodge & Cox, Tom Gayner , Brian Rogers, and Arnold Van Den Berg currently own MMC stock. As of the quarter that ended on 9/30/07, Ruane Cunniff and Robert Olstein sold out their MMC holdings.
Chairman & CEO, Marsh of Marsh & McLennan Companies Inc. Daniel S. Glaser bought 66,000 shares on 2/14/08 at $25.87. Director Adele Simmons sold a total of 21,298 shares at $25.16 to $26.32.
Marsh & McLennan Companies Inc. has a market cap of $13.45 billion; its shares were traded at around $26.38 with a P/E ratio of 5.51 and P/S ratio of 1.07. The dividend yield of Marsh & McLennan Companies Inc. stocks is 2.9%.
OYO Geospace Corp. (OYOG): President & CEO, Director Gary D. Owens Bought 10,000 Shares
OYO Geospace Corporation (OYOG), which designs and manufactures equipment for seismic data processing in the oil industry, widened their profits by 41% for quarter ended in September. Despite drop in the stock prices, the company made an income of $4.9 million or $0.81 from the sale of property in Russia.
Mid-February, President & CEO, Director of OYO Geospace Corp. Gary D. Owens bought 10,000 shares at $49.11. CFO Thomas T. Mcentire made changes to his holdings by buying 1,000 shares on 2/15/08 at $49.31 and selling 10,000 shares on 8/31/07 at $72.59. Other insider buys were made by Directors William H .Moody and Thomas L. Davis, who bought 2,000 shares and 1,013 shares around $49.35.
OYO Geospace Corp. has a market cap of $290.09 million; its shares were traded at around $52.27 with a P/E ratio of 19.87 and P/S ratio of 2.31.
STERIS Corp. (STE): President & CEO, Director Walter M. Rosebrough Jr. Bought 17,000 Shares
STERIS Corporation (STE) engages in the development, manufacture, and marketing of infection prevention, contamination control, microbial reduction, and surgical and critical care support products and services. The company bolstered a 5% quarterly revenue increase as income held steady at $21.8 million or $0.34. The company recently set its regular dividend at $0.06 for the quarter.
Richard Aster Jr. and Kenneth Fisher upped their STERIS holdings in quarter of September, as George Soros sold out of his holdings in the last quarter. Edward Owens and Bruce Sherman also own STERIS shares.
President & CEO, Director Walter M. Rosebrough Jr. bought 17,000 shares on 2/11/08 at $23.11. Also, Senior VP Mark D. Mcginley bought 1,000 shares at $26.92 in mid-September and Senior VP Peter A. Burke sold 5,000 shares on 1/07/08 at $30.05.
STERIS Corp. has a market cap of $1.47 billion; its shares were traded at around $24.69 with a P/E ratio of 19.01 and P/S ratio of 1.19. The dividend yield of STERIS Corp. stocks is 0.9%.
Endwave Corp. (ENWV): CEO and President, Director Edward A. Keible Jr. Bought 26,415 Shares
Endwave Corporation (ENWV), manufacturer of radio frequency modules, increased its fourth quarter revenue by over 8% to $14.4 million. The company netted a quarterly loss of $1.1 million or $0.09 compared to a loss of $870,000 or $0.08 from a year ago. CEO Edward A. Keible stated," we are pleased to have exceeded our revenue expectations for the fourth quarter, largely as a result of higher-than-anticipated revenues from Nokia Siemens Networks. We believe this renewed strength indicates that the impact of the merger of our two largest customers is normalizing.” Endwave recently finished the repurchase in an 80% stake of Wood River shares, or 2.5 million shares.
Mid-February, CEO and President, Director Edward A. Keible bought 26,415 at $7. Since November of 2007, CEO Keible has purchased a total of 41,743 shares between $5.84 and $7.40. Endwave Corp. has a market cap of $80.39 million; its shares were traded at around $7.01 with P/S ratio of 1.39.
General Growth Properties Inc (GGP): CEO, Director John Bucksbaum Bought 137,491 Shares
The mall operator General Growth Properties, Inc. (GGP) reported their fourth quarter income dropped by 37% to $58.7 million, or 24 cents per share. The company faced lower land sales for the quarter. Revenue was also narrowed by 4% to $928.7 million and annual revenue was reported to be $3.26 billion.
While George Soros bought 4,955 shares in the last quarter of 2007, Chris Davis reduced his GGP holdings by 69% to 3,847,526 shares. Ron Baron and Ruane Cunniff own GGP in their portfolio.
CEO, Director John Bucksbaum bought 137,491 shares of GGP stock on 2/14/08 at $36.32. Since November, other insider buys were made between $36.28 and $49.37 by CFO Bernard Freibaum, who bought a total of 103,700 shares; Director Adam S. Metz, who bought 19,000 shares; and Chief Investment Officer Joel Bayer, who bought 10,000 shares.
Also in December, Chief Corporate Development Jean Schlemmer and President & COO, Director Robert A. Michaels sold 75,000 shares and 131,900 shares, respectively around $41.
General Growth Properties Inc has a market cap of $8.9 billion; its shares were traded at around $37.97 with a P/E ratio of 29.84 and P/S ratio of 2.63. The dividend yield of General Growth Properties Inc stocks is 5.6%.
Marsh & McLennan Companies Inc. (MMC): Chairman & CEO, Marsh Daniel S Glaser Bought 66,000 Shares
The insurance brokerage firm Marsh & McLennan Companies, Inc. (MMC)’s fourth quarter profit plunged by 62% to $226 million or 40 cents a share due to a 12% drop in insurance rate and lower commission revenue. Also, the company faced two major expenses: $850 million fine from a legal case, and $7.2 million severance pay to their CEO Michael G. Cherkasky. For the fiscal year, MMC earned $2.47 billion, or $4.53 per share compared with a profit of $990 million or $1.76 per share from 2006.
John Keeley bought 31,500 shares in the last quarter that ended in 2007. Also, Charles Brandes, Dodge & Cox, Tom Gayner , Brian Rogers, and Arnold Van Den Berg currently own MMC stock. As of the quarter that ended on 9/30/07, Ruane Cunniff and Robert Olstein sold out their MMC holdings.
Chairman & CEO, Marsh of Marsh & McLennan Companies Inc. Daniel S. Glaser bought 66,000 shares on 2/14/08 at $25.87. Director Adele Simmons sold a total of 21,298 shares at $25.16 to $26.32.
Marsh & McLennan Companies Inc. has a market cap of $13.45 billion; its shares were traded at around $26.38 with a P/E ratio of 5.51 and P/S ratio of 1.07. The dividend yield of Marsh & McLennan Companies Inc. stocks is 2.9%.
OYO Geospace Corp. (OYOG): President & CEO, Director Gary D. Owens Bought 10,000 Shares
OYO Geospace Corporation (OYOG), which designs and manufactures equipment for seismic data processing in the oil industry, widened their profits by 41% for quarter ended in September. Despite drop in the stock prices, the company made an income of $4.9 million or $0.81 from the sale of property in Russia.
Mid-February, President & CEO, Director of OYO Geospace Corp. Gary D. Owens bought 10,000 shares at $49.11. CFO Thomas T. Mcentire made changes to his holdings by buying 1,000 shares on 2/15/08 at $49.31 and selling 10,000 shares on 8/31/07 at $72.59. Other insider buys were made by Directors William H .Moody and Thomas L. Davis, who bought 2,000 shares and 1,013 shares around $49.35.
OYO Geospace Corp. has a market cap of $290.09 million; its shares were traded at around $52.27 with a P/E ratio of 19.87 and P/S ratio of 2.31.
STERIS Corp. (STE): President & CEO, Director Walter M. Rosebrough Jr. Bought 17,000 Shares
STERIS Corporation (STE) engages in the development, manufacture, and marketing of infection prevention, contamination control, microbial reduction, and surgical and critical care support products and services. The company bolstered a 5% quarterly revenue increase as income held steady at $21.8 million or $0.34. The company recently set its regular dividend at $0.06 for the quarter.
Richard Aster Jr. and Kenneth Fisher upped their STERIS holdings in quarter of September, as George Soros sold out of his holdings in the last quarter. Edward Owens and Bruce Sherman also own STERIS shares.
President & CEO, Director Walter M. Rosebrough Jr. bought 17,000 shares on 2/11/08 at $23.11. Also, Senior VP Mark D. Mcginley bought 1,000 shares at $26.92 in mid-September and Senior VP Peter A. Burke sold 5,000 shares on 1/07/08 at $30.05.
STERIS Corp. has a market cap of $1.47 billion; its shares were traded at around $24.69 with a P/E ratio of 19.01 and P/S ratio of 1.19. The dividend yield of STERIS Corp. stocks is 0.9%.
Endwave Corp. (ENWV): CEO and President, Director Edward A. Keible Jr. Bought 26,415 Shares
Endwave Corporation (ENWV), manufacturer of radio frequency modules, increased its fourth quarter revenue by over 8% to $14.4 million. The company netted a quarterly loss of $1.1 million or $0.09 compared to a loss of $870,000 or $0.08 from a year ago. CEO Edward A. Keible stated," we are pleased to have exceeded our revenue expectations for the fourth quarter, largely as a result of higher-than-anticipated revenues from Nokia Siemens Networks. We believe this renewed strength indicates that the impact of the merger of our two largest customers is normalizing.” Endwave recently finished the repurchase in an 80% stake of Wood River shares, or 2.5 million shares.
Mid-February, CEO and President, Director Edward A. Keible bought 26,415 at $7. Since November of 2007, CEO Keible has purchased a total of 41,743 shares between $5.84 and $7.40. Endwave Corp. has a market cap of $80.39 million; its shares were traded at around $7.01 with P/S ratio of 1.39.
