Weekly CEO Buys Highlight: CLMS, AOL, HOS, GEO, OPK

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May 12, 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:

Calamos Asset Management Inc. (CLMS, Financial): Chairman, CEO, Global Co-CIO, 10% Owner John P. Calamos Sr. Bought 188,422 Shares

Chairman, CEO, Global Co-CIO, 10% Owner of Calamos Asset Management Inc. (CLMS, Financial) John P. Calamos Sr. bought 188,422 shares during the past week at an average price of $12.33. 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 $253.158 million; its shares were traded at around $12.33 with a P/E ratio of 14.00 and P/S ratio of 0.95. The dividend yield of Calamos Asset Management Inc. stocks is 4.06%.

CLMS recently reported its first quarter 2014 financial results. Non-GAAP diluted earnings per share was $0.20 for the first quarter compared with $0.25 in the previous quarter and $0.24 in the first quarter of 2013.2 Non-GAAP net income attributable to Calamos Asset Management Inc. was $3.9 million for the quarter compared with $5.0 million last quarter and $5.1 million in the first quarter of 2013.

Mario Gabelli (Trades, Portfolio) owns 161,000 shares as of 03/31/2014, an increase of 27.78% from the previous quarter. This position accounts for 0.011% of the $18.53 billion portfolio of GAMCO Investors.

SVP and CFO Nimish S. Bhatt bought 337 shares of CLMS stock on 02/25/2014 at the average price of $11.45. Nimish S. Bhatt owns at least 88,689 shares after this. The price of the stock has increased by 7.69% since.

AOL Inc. (AOL, Financial): Chairman and CEO Timothy M. Armstrong Bought 55,600 Shares

Chairman and CEO of AOL Inc. (AOL, Financial) Timothy M. Armstrong bought 55,600 shares on 05/08/2014 at an average price of $37.74. AOL Inc. formerly known as Time Warner Inc. was incorporated in Delaware. AOL Inc. has a market cap of $3.02 billion; its shares were traded at around $37.74 with a P/E ratio of 33.70 and P/S ratio of 1.33.

AOL recently reported its first quarter 2014 financial results. Operating income, net income and diluted EPS were negatively impacted by a pre-tax restructuring charge of $12 million and a $10 million asset impairment charge resulting from the write-off of capitalized software development costs.

Jean-Marie Eveillard (Trades, Portfolio) owns 1,966,821 shares as of 12/31/2013, which accounts for 0.25% of the $36.74 billion portfolio of First Eagle Investment Management LLC. Dodge & Cox owns 9,590,836 shares as of 12/31/2013, which accounts for 0.47% of the $95.92 billion portfolio of Dodge & Cox.

Controller and CAO Matthew B. Kelpy sold 2,481 shares of AOL stock on 04/16/2014 at the average price of $43.18. Matthew B. Kelpy owns at least 16,228 shares after this. The price of the stock has decreased by 12.6% since.

Hornbeck Offshore Services Inc. (HOS, Financial): President and CEO Todd M. Hornbeck Bought 50,000 Shares

President and CEO of Hornbeck Offshore Services Inc. (HOS, Financial) Todd M. Hornbeck bought 50,000 shares on 05/07/2014 at an average price of $40.13. Hornbeck Offshore Services Inc. or Hornbeck was incorporated under the laws of the State of Delaware in 1997. Hornbeck Offshore Services Inc. has a market cap of $1.45 billion; its shares were traded at around $40.13 with a P/E ratio of 13.20 and P/S ratio of 2.53. Hornbeck Offshore Services Inc. had an annual average earnings growth of 6.80% over the past 10 years.

HOS recently reported its first quarter 2014 financial results. The company's income from continuing operations for the first quarter of 2014 was $11.4 million, or $0.31 per diluted share, compared to $3.9 million, or $0.11 per diluted share, for the year-ago quarter; and $22.1 million, or $0.61 per diluted share, for the fourth quarter of 2013.

Director Larry D. Hornbeck bought 5,500 shares of HOS stock on 05/07/2014 at the average price of $38.25. Larry D. Hornbeck owns at least 283,219 shares after this. The price of the stock has increased by 4.92% since.

Geo Group Inc. (GEO, Financial): Chairman and CEO George C. Zoley Bought 46,901 Shares

Chairman & CEO of Geo Group Inc (GEO, Financial) George C. Zoley bought 46,901 shares on 05/02/2014 at an average price of $34.70. Geo Group Inc. was founded in 1984 as a division of The Wackenhut Corporation, or TWC, and was incorporated in the State of Florida in 1988. Geo Group Inc. has a market cap of $2.52 billion; its shares were traded at around $34.70 with a P/E ratio of 21.50 and P/S ratio of 1.63. The dividend yield of Geo Group Inc. stocks is 6.11%. Geo Group Inc. had an annual average earnings growth of 11.40% over the past 10 years. GuruFocus rated Geo Group Inc.Ă‚ the business predictability rank of 2.5-star.

GEO recently reported total revenues for the first quarter 2014 of $393.1 million up from total revenues of $377.0 million for the first quarter 2013. GEO reported first quarter 2014 net income of $28.0 million, or $0.39 per diluted share, compared to $23.4 million, or $0.33 per diluted share for the first quarter 2013.

Hotchkis & Wiley owns 1,337,328 shares as of 12/31/2013, an increase of 57.65% from the previous quarter. This position accounts for 0.18% of the $23.43 billion portfolio of Hotchkis & Wiley Capital Management LLC.

SVP and CFO Brian Evans sold 2,102 shares of GEO stock on 03/03/2014 at the average price of $32.41. Brian Evans owns at least 35,361 shares after this. The price of the stock has increased by 7.07% since.

Opko Health Inc. (OPK, Financial): CEO & Chairman, 10% Owner Phillip Frost Md Et Al Bought 187,800 Shares

CEO and Chairman, 10% Owner of Opko Health Inc. (OPK) Phillip Frost Md Et Al bought 187,800 shares during the past week at an average price of $8.24. Opko Health Inc. was originally incorporated in Delaware in October 1991 under the name Cytoclonal Pharmaceutics Inc. Opko Health Inc. has a market cap of $3.4 billion; its shares were traded at around $8.24 with and P/S ratio of 29.43. Opko Health Inc. had an annual average earnings growth of 5.40% over the past 10 years.

George Soros (Trades, Portfolio) owns 844,600 shares as of 12/31/2013, an increase of 13.37% from the previous quarter. This position accounts for 0.061% of the $11.78 billion portfolio of Soros Fund Management LLC. Mario Gabelli (Trades, Portfolio) owns 15,000 shares as of 03/31/2014, which accounts for 0.0008% of the $18.53 billion portfolio of GAMCO Investors.

Vice Chairman and CTO Jane Hsiao Ph.D. bought 10,000 shares of OPK stock on 04/15/2014 at the average price of $8.03. Jane Hsiao Ph.D. owns at least 36,828,758 shares after this. The price of the stock has increased by 2.62% since.