Weekly CEO Buys Highlight: OPK, BOBE, CONN, WPX, PHII

Author's Avatar
Sep 08, 2014
Article's Main Image

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:

Opko Health Inc (OPK, Financial): CEO & Chairman, 10% Owner Phillip Md Et Al Frost bought 103,000 shares

CEO & Chairman, 10% owner of Opko Health Inc (OPK, Financial) Phillip Md Et Al Frost bought 103,000 shares during the past week at an average price of $8.69. 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 $3.73 billion; its shares were traded at around $8.69 with a P/S ratio of 39.50. Opko Health Inc had an annual average earnings growth of 4.40% over the past 10 years.

Mario Gabelli (Trades, Portfolio) owns 15,000 shares as of 06/30/2014, which accounts for 0.0007% of the $19.12 billion portfolio of GAMCO Investors. George Soros (Trades, Portfolio) owns 235,600 shares as of 06/30/2014, a decrease of 84.24% of from the previous quarter. This position accounts for 0.016% of the $13.27 billion portfolio of Soros Fund Management LLC.

Vice Chairman & CTO Jane Ph D Hsiao bought 10,000 shares of OPK stock on 04/15/2014 at the average price of 8.03. Jane Ph D Hsiao owns at least 21,338,212 shares after this. The price of the stock has increased by 8.22% since.

Bob Evans Farms Inc (BOBE, Financial): CEO/COB Steven A Davis bought 15,000 shares

CEO/COB of Bob Evans Farms Inc (BOBE, Financial) Steven A Davis bought 15,000 shares on 09/02/2014 at an average price of $44.52. Bob Evans Farms, Inc. was incorporated in Delaware in 1985. Bob Evans Farms Inc has a market cap of $1.05 billion; its shares were traded at around $44.52 with a P/E ratio of 47.50 and P/S ratio of 0.90. The dividend yield of Bob Evans Farms Inc stocks is 2.80%. Bob Evans Farms Inc had an annual average earnings growth of 2.80% over the past 10 years.

BOBE recently announced its financial results for the fiscal 2015 first quarter ended Friday, July 25, 2014. On a GAAP basis, the company reported a net loss of $1.0 million, or $0.04 per diluted share, compared with net income of $8.4 million, or $0.30 per diluted share, in the comparable period last year.

John Rogers (Trades, Portfolio) owns 212,093 shares as of 06/30/2014, which accounts for 0.13% of the $8.18 billion portfolio of Ariel Investment, LLC. NWQ Managers (Trades, Portfolio) owns 429,870 shares as of 06/30/2014, a decrease of 30.84% of from the previous quarter. This position accounts for 0.22% of the $9.94 billion portfolio of NWQ Investment Management Co.

Director Michael Feder Weinstein bought 2,000 shares of BOBE stock on 09/05/2014 at the average price of 43.94. Michael Feder Weinstein owns at least 4,323 shares after this. The price of the stock has increased by 1.32% since.

Conn's Inc (CONN, Financial): President and CEO Theodore M Wright bought 10,400 shares

President and CEO of Conn's Inc (CONN, Financial) Theodore M Wright bought 10,400 shares on 09/05/2014 at an average price of $30.46. Conn's, Inc., is incorporated in Delaware. The company is a specialty retailer that offers that offers durable consumer goods and related services. Conn's Inc has a market cap of $1.1 billion; its shares were traded at around $30.46 with a P/E ratio of 11.50 and P/S ratio of 0.80. Conn's Inc had an annual average earnings growth of 36.10% over the past 5 years.

CONN recently reported its second-quarter fiscal 2015 financial results. The company announced consolidated revenues increase 30.4% to $353 million. Same store sales increase 11.7%, on top of an 18.4% increase a year ago.

David Einhorn (Trades, Portfolio) owns 3,500,000 shares as of 06/30/2014, which accounts for 2.4% of the $7.18 billion portfolio of Greenlight Capital. Jean-Marie Eveillard (Trades, Portfolio) sold out his holdings in the quarter that ended on 06/30/2014.

Director Scott L Thompson bought 10,000 shares of CONN stock on 09/05/2014 at the average price of 28.8. Scott L Thompson owns at least 38,941 shares after this. The price of the stock has increased by 5.76% since.

WPX Energy Inc (WPX, Financial): President and CEO Richard E Muncrief Bought 10,000 Shares

President and CEO of WPX Energy Inc (WPX, Financial) Richard E Muncrief bought 10,000 shares on 09/02/2014 at an average price of $26.00. WPX Energy Inc. is a Delaware Corporation. It spun off from Williams Companies on December 31, 2011. Wpx Energy Inc has a market cap of $5.28 billion; its shares were traded at around $26.00 with and P/S ratio of 1.70.

Donald Smith (Trades, Portfolio) owns 12,640,948 shares as of 06/30/2014, which accounts for 5.7% of the $5.34 billion portfolio of Donald Smith (Trades, Portfolio) & Co. Leon Cooperman (Trades, Portfolio) owns 3,730,263 shares as of 06/30/2014, which accounts for 1.2% of the $7.58 billion portfolio of Omega Advisors.

Director Kelt Kindick bought 5,000 shares of WPX stock on 05/27/2014 at the average price of 20.8. Kelt Kindick owns at least 26,276 shares after this. The price of the stock has increased by 25% since.

PHI Inc (PHII, Financial): CEO, 10% Owner Alton Anthony Gonsoulin Jr Bought 5,000 Shares

CEO, 10% owner of PHI Inc (PHII, Financial) Alton Anthony Gonsoulin Jr bought 5,000 shares on 09/03/2014 at an average price of $42.91. PHI, Inc., is incorporated in Louisiana in 1949. The Company is a provider of helicopter transportation services in the Gulf of Mexico. Phi Inc has a market cap of $664.300 million; its shares were traded at around $42.91 with a P/E ratio of 17.40 and P/S ratio of 0.80. Phi Inc had an annual average earnings growth of 25.70% over the past 5 years.