Weekly CEO Buys Highlight: S, OPK, CAPL, CLF, MOSY

Author's Avatar
Mar 09, 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:

Sprint Corp: President and CEO Raul Marcelo Claure bought 5,080,000 shares

President and CEO of Sprint Corp (S, Financial) Raul Marcelo Claure bought 5,080,000 shares on 02/26/2015 at an average price of $5.23. Sprint Corp was incorporated in 2012 under the laws of Delaware. Sprint Corp has a market cap of $20.7 billion; its shares were traded at around $5.23 with and P/S ratio of 1.08.

Sprint recently reported operating results for the third fiscal quarter of 2014, including adding about 1 million Sprint platform connections, a 42 percent increase year-over-year. The company also reported consolidated net operating revenues of $9 billion, an operating loss of $2.5 billion, which included non-cash charges of $2.1 billion, and Adjusted EBITDA* of $1.04 billion.

Dodge & Cox owns 96,876,234 shares as of 12/31/2014, an increase of 52.73% from the previous quarter. This position accounts for 0.37% of the $107.63 billion portfolio of Dodge & Cox. PRIMECAP Management (Trades, Portfolio) owns 13,475,000 shares as of 12/31/2014, an increase of 46.07% from the previous quarter. This position accounts for 0.057% of the $98.68 billion portfolio of PRIMECAP Management (Trades, Portfolio).

CFO Joseph J Euteneuer bought 20,000 shares of S stock on 03/02/2015 at the average price of 5.1. Joseph J Euteneuer owns at least 1,530,269 shares after this. The price of the stock has increased by 2.55% since.

Opko Health Inc: CEO and Chairman, 10% Owner Phillip Md Et Al Frost bought 79,200 shares

CEO and Chairman, 10% Owner of Opko Health Inc (OPK, Financial) Phillip Md Et Al Frost bought 79,200 shares during the past week at an average price of $14.11. 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 $6.37 billion; its shares were traded at around $14.11 with and P/S ratio of 64.14. Opko Health Inc had an annual average earnings growth of 9.00% over the past 10 years.

Opko recently reported its fourth quarter operating and financial results. The company announced that net loss for the three months ended December 31, 2014 was $53.0 million, compared to $16.8 million in the comparable period of 2013.

George Soros (Trades, Portfolio) owns 235,600 shares as of 12/31/2014, which accounts for 0.026% of the $9.16 billion portfolio of Soros Fund Management LLC. Mario Gabelli (Trades, Portfolio) owns 11,000 shares as of 12/31/2014, which accounts for 0.0006% of the $19.2 billion portfolio of GAMCO Investors.

CrossAmerica Partners LP: President and CEO Joseph V. Jr. Topper bought 20,000 shares

President and CEO of CrossAmerica Partners LP (CAPL, Financial) Joseph V. Jr. Topper bought 20,000 shares on 03/06/2015 at an average price of $34.50. Lehigh Gas Partners LP was founded in 1992. The company is engaged in the distribution of motor fuels, consisting of gasoline and diesel fuel, and to own and lease real estate used in the retail distribution of motor fuels. Crossamerica Partners Lp has a market cap of $843.892 million; its shares were traded at around $34.50 with and P/S ratio of 0.16. The dividend yield of Crossamerica Partners LP stocks is 6.06%.

Cliffs Natural Resources Inc: Chairman, President and CEO Lourenco Goncalves bought 100,000 shares

Chairman, President and CEO of Cliffs Natural Resources Inc (CLF, Financial) Lourenco Goncalves bought 100,000 shares on 03/04/2015 at an average price of $6.27. Cliffs Natural Resources Inc, was founded in 1847, is a producer of iron ore pellets in North America. Cliffs Natural Resources Inc has a market cap of $961.063 million; its shares were traded at around $6.27 with and P/S ratio of 0.21. The dividend yield of Cliffs Natural Resources Inc stocks is 9.57%.

Cliff Natural Resources recently reported fourth-quarter and full-year results for the period ended Dec. 31, 2014. Fourth-quarter 2014 consolidated revenues of $1.3 billion decreased $231 million, or 15 percent, from the prior year's fourth quarter.

Joel Greenblatt (Trades, Portfolio) owns 169,676 shares as of 12/31/2014, an increase of 449.54% from the previous quarter. This position accounts for 0.0098% of the $12.36 billion portfolio of Gotham Asset Management, LLC. David Dreman (Trades, Portfolio) owns 7,192 shares as of 12/31/2014, an increase of 56.48% from the previous quarter. This position accounts for 0.0042% of the $1.22 billion portfolio of Dreman Value Management.

Director Susan Miranda Green sold 0 shares of CLF stock on 10/15/2014 at the average price of 0. Susan Miranda Green owns at least 11,692 shares after this.

MoSys Inc: President and CEO Leonard Charles Perham bought 312,500 shares

President and CEO of MoSys Inc (MOSY, Financial) Leonard Charles Perham bought 312,500 shares on 03/04/2015 at an average price of $1.81. MoSys Inc was incorporated in California in September 1991, and reincorporated in September 2000 in Delaware. Mosys Inc has a market cap of $90.097 million; its shares were traded at around $1.81 with and P/S ratio of 16.45.

COO Thomas Riordan bought 93,750 shares of MOSY stock on 03/04/2015 at the average price of 1.6. Thomas Riordan owns at least 97,750 shares after this. The price of the stock has increased by 13.13% since.