Weekly CEO Buys Highlight: HOLX, EPB, CLMS, IDTI, BYI

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Feb 17, 2014

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:

Hologic Inc. (HOLX, Financial): President and CEO Stephen P. Macmillan Bought 237,500 Shares

President and CEO of Hologic Inc. (HOLX, Financial) Stephen P. Macmillan bought 237,500 shares during the past week at an average price of $21.24. Hologic Inc. was incorporated in Massachusetts in October 1985 and reincorporated in Delaware in March 1990. Hologic Inc. has a market cap of $5.83 billion; its shares were traded at around $21.24 with and P/S ratio of 2.32.

Hologic recently reported its first quarter fiscal 2014 financial results. The company announced revenues of $612.4 million, as well as non-GAAP net income of $94.1 million, or $0.34 per diluted share. Net loss for the quarter was $5.4 million, or $0.02 per diluted share.

Carl Icahn (Trades, Portfolio) bought 34,154,879 shares in the quarter that ended on 12/31/2013, which is 2.5% of the $30.46 billion portfolio of Icahn Capital Management LP. Joel Greenblatt (Trades, Portfolio) bought 156,851 shares in the quarter that ended on 12/31/2013, which is 0.083% of the $4.2 billion portfolio of Gotham Capital. Jean-Marie Eveillard (Trades, Portfolio) owns 17,000 shares as of 12/31/2013, which accounts for 0.001% of the $36.74 billion portfolio of First Eagle Investment Management LLC. Irving Kahn (Trades, Portfolio) owns 1,349,570 shares as of 12/31/2013, which accounts for 5.2% of the $581 million portfolio of Kahn Brothers.

Executive VP and CFO Glenn P. Muir sold 140,000 shares of HOLX stock on 10/30/2013 at the average price of $22.32. Glenn P. Muir owns at least 825,891 shares after this. The price of the stock has decreased by 4.84% since.

El Paso Pipeline Partners LP (EPB, Financial): Chairman and CEO Richard D. Kinder Bought 100,000 Shares

Chairman and CEO of El Paso Pipeline Partners LP (EPB, Financial) Richard D. Kinder bought 100,000 shares on 02/11/2014 at an average price of $30.95. El Paso Pipeline Partners LP is a Delaware master limited partnership (MLP) formed in November 2007 by El Paso Corporation. El Paso Pipeline Partners LP has a market cap of $6.75 billion; its shares were traded at around $30.95 with a P/E ratio of 15.50 and P/S ratio of 4.46. The dividend yield of El Paso Pipeline Partners LP stocks is 8.23%.

John Keeley (Trades, Portfolio) owns 32,140 shares as of 12/31/2013, an increase of 17% from the previous quarter. This position accounts for 0.02% of the $5.88 billion portfolio of Keeley Fund Management.

President and COO Steven J. Kean bought 18,000 shares of EPB stock on 09/10/2013 at the average price of $42.08. Steven J. Kean owns at least 18,000 shares after this. The price of the stock has decreased by 26.45% since.

Calamos Asset Management Inc. (CLMS, Financial): Chairman, CEO and Global Co-CIO, 10% Owner John P. Calamos Sr. Bought 191,810 Shares

Chairman, CEO and Global Co-CIO, 10% Owner of Calamos Asset Management Inc. (CLMS, Financial) John P. Calamos Sr. bought 191,810 shares during the past week at an average price of $11.53. Calamos Asset Management Inc. is a global asset management firm that offers strategies to fulfill a range of asset allocation goals through a multi-team platform. Calamos Asset Management Inc. has a market cap of $237.129 million; its shares were traded at around $11.53 with a P/E ratio of 19.20 and P/S ratio of 0.85. The dividend yield of Calamos Asset Management, Inc. stocks is 4.33%. Calamos Asset Management Inc. had an annual average earnings growth of 31.40% over the past five years.

Mario Gabelli (Trades, Portfolio) owns 126,000 shares as of 12/31/2013, which accounts for 0.008% of the $18.65 billion portfolio of GAMCO Investors.

SVP and CFO Nimish S. Bhatt bought 364 shares of CLMS stock on 11/20/2013 at the average price of $10.47. Nimish S. Bhatt owns at least 90,543 shares after this. The price of the stock has increased by 10.12% since.

Integrated Device Technology (IDTI, Financial): President and CEO Gregory L. Waters Bought 100,000 Shares

President and CEO of Integrated Device Technology (IDTI, Financial) Gregory L. Waters bought 100,000 shares on 02/10/2014 at an average price of $11.80. Integrated Device Technology was incorporated in California in 1980 and reincorporated in Delaware in 1987. Integrated Device Technology has a market cap of $1.77 billion; its shares were traded at around $11.80 with a P/E ratio of 24.20 and P/S ratio of 3.72.

IDTI recently reported its third quarter fiscal year 2014 financial results. Revenue from continuing operations for the fiscal third quarter of 2014 was $124.6 million, compared with $114.3 million reported in the same period one year ago.

NWQ Managers (Trades, Portfolio) owns 2,054,935 shares as of 12/31/2013, an increase of 73.56% from the previous quarter. This position accounts for 0.18% of the $11.42 billion portfolio of NWQ Investment Management Co.

Director Peter A Feld sold 682,849 shares of IDTI stock on 02/12/2014 at the average price of 11.57. Peter A Feld owns at least 9,506,785 shares after this. The price of the stock has increased by 1.99% since.

Bally Technologies Inc. (BYI, Financial): President and CEO Ramesh Srinivasan Bought 15,000 Shares

President & CEO of Bally Technologies Inc. (BYI, Financial) Ramesh Srinivasan bought 15,000 shares on Feb. 12, 2014, at an average price of $69.52. Bally Technologies Inc. was incorporated in Nevada on Sept. 30, 1968, under the name Advanced Patent Technologies. Bally Technologies Inc. has a market cap of $2.72 billion; its shares were traded at around $69.52 with a P/E ratio of 20.50 and P/S ratio of 2.60. Bally Technologies Inc. had an annual average earnings growth of 25.60% over the past 10 years. GuruFocus rated Bally Technologies Inc. the business predictability rank of 4-star.

Bally Technologies recently announced record quarterly revenue of $285 million and Adjusted EPS of $1.06 for the three months ended Dec. 31, 2013, inclusive of a $0.02 loss per share from unfavorable foreign currency movements.

Joel Greenblatt (Trades, Portfolio) owns 207,971 shares as of 12/31/2013, an increase of 83.51% from the previous quarter. This position accounts for 0.39% of the $4.2 billion portfolio of Gotham Capital. Meridian Funds (Trades, Portfolio) owns 269,000 shares as of 06/30/2013, which accounts for 0.57% of the $2.68 billion portfolio of Meridian Fund.

SVP, CFO and Treasurer Neil Davidson sold 6,624 shares of BYI stock on 09/13/2013 at the average price of $74.51. Neil Davidson owns at least 28,152 shares after this. The price of the stock has decreased by 6.7% since.