Weekly CEO Buys Highlight: AM, UPLD, MEMP, X, OPK

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Nov 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:

Antero Midstream Partners LP (AM, Financial): CEO Paul M Rady bought 60,000 shares

CEO of Antero Midstream Partners LP (AM, Financial) Paul M Rady bought 60,000 shares on 11/10/2014 at an average price of $0.00. Antero Midstream Partners LP was incorporated in Delaware in October 2013. Antero Midstream Partners Lp has a market cap of $4.38 billion; its shares were traded at around $0.00 with and P/S ratio of 96.19.

Antero Midstream recently reported its third quarter 2014 financial results. For the three months ended September 30, 2014, Antero reported net income from continuing operations of $204 million, or $0.78 per basic and diluted share, compared to net income from continuing operations of $118 million, or $0.45 per basic and diluted share, in the third quarter of 2013.

President, CFO & Secretary Glen C Warren Jr bought 40,000 shares of AM stock on 11/10/2014 at the average price of 25. Glen C Warren Jr owns at least 168,000 shares after this.

Upland Software Inc (UPLD, Financial): CEO, 10% wwner John T McDonald bought 96,154 Shares

CEO and 10% owner of Upland Software Inc (UPLD, Financial) John T McDonald bought 96,154 shares on 11/12/2014 at an average price of $10.80. Upland Software Inc was incorporated on July 7, 2010. Upland Software Inc has a market cap of $154.825 million; its shares were traded at around $10.80 with and P/S ratio of 1.20.

CFO,Treasurer & Asst Secretary Michael Douglass Hill sold 0 shares of UPLD stock on 11/05/2014 at the average price of 0. Michael Douglass Hill owns at least 167,397 shares after this.

Memorial Production Partners LP (MEMP, Financial): CEO and chairman John A Weinzierl bought 60,000 shares

CEO and chairman of Memorial Production Partners LP (MEMP, Financial) John A Weinzierl bought 60,000 shares on 11/11/2014 at an average price of $16.37. Memorial Production Partners LP is a Delaware limited partnership formed in April 2011 by Memorial Resource. Memorial Production Partners Lp has a market cap of $1.42 billion; its shares were traded at around $16.37 with and P/S ratio of 2.28. The dividend yield of Memorial Production Partners Lp stocks is 13.44%.

MEMP recently announced that the board of directors of its general partner declared a cash distribution of $0.55 per unit for the third quarter of 2014. This distribution represents an annualized amount of $2.20 per unit and will be paid on November 12, 2014 to unitholders of record as of the close of business on November 5, 2014.

President William J Scarff bought 3,000 shares of MEMP stock on 11/14/2014 at the average price of 16.34. Scarff owns at least 96,943 shares after this. The price of the stock has increased by 0.18% since.

United States Steel Corp (X, Financial): President & CEO Mario Longhi Filho bought 28,362 shares

President & CEO of United States Steel Corp (X, Financial) Mario Longhi Filho bought 28,362 shares on 11/11/2014 at an average price of $36.24. United States Steel Corp was incorporated in the State of Delaware. United States Steel Corp has a market cap of $5.27 billion; its shares were traded at around $36.24 with a P/E ratio of 54.50 and P/S ratio of 0.30. The dividend yield of United States Steel Corp stocks is 0.55%.

United States Steel Corp. recently reported a third quarter 2014 net loss of $207 million, or $1.42 per diluted share, compared to a third quarter 2013 net loss of $1,791 million, or $12.38 per diluted share, and a second quarter 2014 net loss of $18 million, or $0.12 per diluted share. Adjusted net income for the third quarter of 2014 was $325 million, or $2.16 per diluted share.

John Burbank (Trades, Portfolio) bought 4,006 shares in the quarter that ended on 09/30/2014, which is 0.0022% of the $7.07 billion portfolio of Passport Capital. Chris Shumway (Trades, Portfolio) bought 423,000 shares in the quarter that ended on 12/31/2010, which is 0.33% of the $7.45 billion portfolio of Shumway Capital Partners LLC. Joel Greenblatt (Trades, Portfolio) owns 410,392 shares as of 09/30/2014, a decrease of 20.62% of from the previous quarter. This position accounts for 0.16% of the $10.05 billion portfolio of Gotham Asset Management, LLC.

Exec. VP and CFO David B Burritt bought 26,489 shares of X stock on 11/10/2014 at the average price of 37.56. David B Burritt owns at least 826 shares after this. The price of the stock has decreased by 3.51% since.

Opko Health Inc (OPK, Financial): CEO & chairman, 10% owner Phillip Md Et Al Frost bought 80,200 shares

CEO & Chairman, 10% Owner of Opko Health Inc (OPK, Financial) Phillip Md Et Al Frost bought 80,200 shares during the past week at an average price of $8.29. 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 $3.6 billion; its shares were traded at around $8.29 with and P/S ratio of 39.48. Opko Health Inc had an annual average earnings growth of 5.40% over the past 10 years.

George Soros (Trades, Portfolio) owns 235,600 shares as of 09/30/2014, which accounts for 0.015% of the $13.4 billion portfolio of Soros Fund Management LLC. Mario Gabelli (Trades, Portfolio) owns 11,000 shares as of 09/30/2014, a decrease of 26.67% of from the previous quarter. This position accounts for 0.0005% of the $18.59 billion portfolio of GAMCO Investors.