Weekly CEO Buys Highlight: OPK, TCBI, SWN, EGBN, AZZ

Author's Avatar
Jan 28, 2015

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 and Chairman, 10% owner Phillip Md Et Al Frost bought 124,700 shares

CEO & Chairman, 10% Owner of Opko Health Inc (OPK, Financial) Phillip Md Et Al Frost bought 124,700 shares during the past week at an average price of $11.38. 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 $4.94 billion; its shares were traded at around $11.38 with and P/S ratio of 54.19. Opko Health Inc had an annual average earnings growth of 4.40% over the past 10 years.

Opko Health recently reported its third quarter 2014 financial results. Net loss for the three months ended September 30, 2014 was $48.7 million, compared to $60.0 million in the comparable period of 2013.

George Soros (Trades, Portfolio) owns 235,600 shares as of Sept. 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 Sept. 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.

Texas Capital Bancshares Inc (TCBI, Financial): President and CEO C Keith Cargill bought 10,000 shares

President and CEO of Texas Capital Bancshares Inc (TCBI, Financial) C Keith Cargill bought 10,000 shares on Jan. 23, 2015 at an average price of $43.06. Texas Capital Bancshares, Inc. was incorporated in November 1996 in Delaware. Texas Capital Bancshares Inc has a market cap of $1.86 billion; its shares were traded at around $43.06 with a P/E ratio of 15.60 and P/S ratio of 3.70. Texas Capital Bancshares Inc had an annual average earnings growth of 13.40% over the past 10 years. GuruFocus rated Texas Capital Bancshares Inc the business predictability rank of 3.5-star.

Texas Capital Bancshares, Inc. reported net income of $136.4 million and net income available to common stockholders of $126.6 million for the year ended December 31, 2014 compared to net income of $121.0 million and net income available to common stockholders of $113.7 million for the year ended December 31, 2013.

James Barrow (Trades, Portfolio) bought 750,061 shares in the quarter that ended on Sept. 30, 2014, which is 0.059% of the $73.35 billion portfolio of Barrow, Hanley, Mewhinney & Strauss. Mariko Gordon (Trades, Portfolio) owns 1,201,157 shares as of Sept. 30, 2014, which accounts for 3% of the $2.28 billion portfolio of Daruma Capital Management. NWQ Managers (Trades, Portfolio) owns 834,151 shares as of Sept. 30, 2014, which accounts for 0.53% of the $9.11 billion portfolio of NWQ Investment Management Co.

Director Robert W Stallings sold 3,931 shares of TCBI stock on Oct. 29, 2014 at the average price of 59.05. Robert W Stallings owns at least 8,475 shares after this. The price of the stock has decreased by 27.08% since.

Southwestern Energy Co (SWN, Financial): Chairman and CEO Steven L Mueller bought 15,000 shares

Chairman and CEO of Southwestern Energy Co (SWN, Financial) Steven L Mueller bought 15,000 shares on 01/21/2015 at an average price of $25.56. Southwestern Energy Co was incorporated in Arkansas on July 2, 1929 as Arkansas Western Gas Company. Southwestern Energy Co has a market cap of $9.03 billion; its shares were traded at around $25.56 with a P/E ratio of 11.90 and P/S ratio of 2.30.

Dodge & Cox bought 6,610 shares in the quarter that ended on Sept. 30, 2014, which is 0.0002% of the $104.56 billion portfolio of Dodge & Cox. Ray Dalio (Trades, Portfolio) owns 210,396 shares as of Sept. 30, 2014, an increase of 165.66% from the previous quarter. This position accounts for 0.057% of the $12.83 billion portfolio of Bridgewater Associates.

Senior Vice President & CFO Robert Craig Owen bought 500 shares of SWN stock on Jan. 21, 2015 at the average price of 23. Robert Craig Owen owns at least 50,731 shares after this. The price of the stock has increased by 11.13% since.

Eagle Bancorp Inc (EGBN, Financial): President & CEO Ronald D Paul bought 10,000 shares

President and CEO of Eagle Bancorp Inc (EGBN, Financial) Ronald D Paul bought 10,000 shares on Jan. 22, 2015 at an average price of $33.61. Eagle Bancorp Inc was incorporated under the laws of the State of Maryland on October 28, 1997, to serve as the bank holding company for EagleBank or the Bank. Eagle Bancorp Inc has a market cap of $874.999 million; its shares were traded at around $33.61 with a P/E ratio of 17.20 and P/S ratio of 4.70. Eagle Bancorp Inc had an annual average earnings growth of 14.30% over the past 10 years. GuruFocus rated Eagle Bancorp Inc the business predictability rank of 3.5-star.

Eagle Bancorp recently announced record quarterly net income of $14.7 million ($16.9 million on an operating basis) for the three months ended December 31, 2014, a 23% increase on a net income basis (41% on an operating basis) over the $12.0 million net income for the three months ended December 31, 2013.

Director David Preston Summers sold 0 shares of EGBN stock on 10/31/2014 at the average price of 0. David Preston Summers owns at least 76,772 shares after this.

AZZ Inc (AZZ, Financial): President and CEO Thomas E Ferguson bought 7,500 shares

President and CEO of AZZ Inc (AZZ, Financial) Thomas E Ferguson bought 7,500 shares on Jan. 23, 2015 at an average price of $42.26. AZZ Inc was established in 1956 and incorporated under the laws of the State of Texas. Azz Inc has a market cap of $1.09 billion; its shares were traded at around $42.26 with a P/E ratio of 18.60 and P/S ratio of 1.33. The dividend yield of Azz Inc stocks is 1.30%. Azz Inc had an annual average earnings growth of 25.70% over the past 10 years. GuruFocus rated Azz Inc the business predictability rank of 3.5-star.

Joel Greenblatt (Trades, Portfolio) bought 71,555 shares in the quarter that ended on 09/30/2014, which is 0.03% of the $10.05 billion portfolio of Gotham Asset Management, LLC. John Keeley (Trades, Portfolio) owns 50,171 shares as of Sept. 30, 2014, which accounts for 0.043% of the $4.91 billion portfolio of Keeley Asset Management Corp. Mario Gabelli (Trades, Portfolio) owns 58,100 shares as of Sept. 30, 2014, which accounts for 0.013% of the $18.59 billion portfolio of GAMCO Investors.

SVP & CFO Paul Wesley Fehlman bought 2,000 shares of AZZ stock on Jan. 22, 2015 at the average price of 40.95. Paul Wesley Fehlman owns at least 2,000 shares after this. The price of the stock has increased by 3.2% since.