Last week's top five stocks that were bought by their CEOs were Angiotech Pharmaceuticals Inc, Blount International Inc, Acorn Energy Inc, ENTERPRISE ACQ CP, and R.G. Barry Corp. According to GuruFocus Insider Data, these are the largest CEO buys during the past week.
Angiotech Pharmaceuticals Inc. (ANPI, Financial): President and CEO William L Hunter Bought 49,500 Shares
President and CEO of Angiotech Pharmaceuticals Inc. (ANPI) William L Hunter bought 49,500 shares on 09/29/2009 at an average price of $1.53. Angiotech Pharmaceuticals Inc. is a Canadian pharmaceutical company dedicated to the development of medical device coatings and treatments for chronic inflammatory diseases through reformulation of the anticancer drug paclitaxel. These treatments are based upon the company's discovery that paclitaxel blocks an important cellular pathway involved in inflammation. The company's goal is to establish a leadership position in the development of treatments for chronic inflammatory diseases. Angiotech Pharmaceuticals Inc. has a market cap of $127.5 million; its shares were traded at around $1.53 with and P/S ratio of 0.5.
Angiotech recently reported its second quarter results. The company announced that its total revenue was $64.6 million, and net sales were $47.2 million. “We were pleased to observe continued sales growth in our Proprietary Medical Products business during the quarter, including continued acceleration of our important Quill™ SRS and HemoStream™ product lines,” said Dr. William Hunter, President and CEO of Angiotech. “Despite the continued challenges we are experiencing in certain parts of our Base Medical Products business, the continued stabilization of our TAXUS®-derive droyalty revenue, the possibility that Cook’s Zilver™ paclitaxel-eluting peripheral stent may contribute additional royalty revenue and the recent FDA approval of our Option™ Inferior Vena Cava Filter leave us optimistic about the second half of 2009 and 2010.”
Buy: CFO K Thomas Bailey bought 30,000 shares of ANPI stock on 08/18/2009 at the average price of $1.67; the price of the stock has decreased by 8.38% since. Other insiders have also increased their positions in the company.
Blount International Inc. (BLT, Financial): President, COO & CEO Designate International Inc Blount Bought 10,000 Shares
President, COO & CEO Designate of Blount International Inc. (BLT) International Inc Blount bought 10,000 shares on 10/01/2009 at an average price of $9.02. Blount International Inc. is an international manufacturing company with operations in three business segments: Outdoor Products Industrial and Power Equipment and Sporting Equipment. Headquartered in Montgomery Alabamatheir focus is on manufacturing products which offer superior competitive advantage and hold leading market share positions industry-leading distribution and exceptional customer service. Blount International Inc. has a market cap of $438 million; its shares were traded at around $9.02 with a P/E ratio of 15.3 and P/S ratio of 0.8.
Blount recently reported its second quarter results. The company announced that its sales were $114 million, which were in line with its first quarter levels. Debt was also reduced by $33.2 million in the second quarter.
Chris Davis owns 3,836,570 shares as of 06/30/2009, an increase of 88.36% from the previous quarter. This position accounts for 0.06% of the $51.82 billion portfolio of Davis Selected Advisers. Richard Pzena owns 1,114,153 shares as of 06/30/2009, which accounts for 0.11% of the $8.5 billion portfolio of Pzena Investment Management LLC. Jean-Marie Eveillard owns 11,830,553 shares as of 06/30/2009, which accounts for 1.14% of the $8.91 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Robert Olstein owns 22,000 shares as of 06/30/2009, a decrease of 29.03% of from the previous quarter. This position accounts for 0.04% of the $467 million portfolio of Olstein Financial Alert Fund. John Rogers owns 1,968,440 shares as of 06/30/2009, a decrease of 42.39% of from the previous quarter. This position accounts for 0.46% of the $3.7 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC.
Acorn Energy Inc. (ACFN, Financial): President and CEO John A Moore Bought 15,000 Shares
President and CEO of Acorn Energy Inc. (ACFN) John A Moore bought 15,000 shares during the past week at an average price of $5.29. Acorn Energy Inc. (formerly known as Acorn Factor Inc.) specializes in acquiring & accelerating the growth of emerging ventures that promise improvement in the economic & environmental efficiency of the energy sector.
Acorn Energy aims to take primarily controlling positions in companies led by great entrepreneurs & add value by supporting those companies with br&ing positioning strategy & business development. Acorn Energy is a global company with equity interests in Comverge the leading clean capacity provider of energy solutions through demand response; CoaLogix Inc. & its subsidiary SCR-Tech LLC the leading provider of catalyst regeneration technologies & services; Gridsense a pioneer in remote monitoring & control of the electric grid; Paketeria AG a German super services provider; dsIT a leader in underwater security systems for strategic coastal energy infrastructure; & Local Power Inc. the creator of Community Choice Aggregation. Acorn Energy Inc. has a market cap of $59.6 million; its shares were traded at around $5.29 with and P/S ratio of 2.8.
Acorn Energy recently reported its second quarter results. The company announced that its revenue was up 116% to $7.78 million, and its quarterly and six month gross profit also increased by 238% and 183% respectively.
Buy: Director Richard Giacco bought 4,000 shares of ACFN stock on 09/25/2009 at the average price of $5.4; the price of the stock has decreased by 2.04% since.
Enterprise ACQ CP (EST, Financial): President & CEO, 10% Owner Daniel C Staton Bought 5,000 Shares
President & CEO, 10% Owner of Enterprise ACQ CP (EST) Daniel C Staton bought 5,000 shares on 09/29/2009 at an average price of $9.918. ENTERPRISE ACQ is a blank check company formed for the purpose of acquiring through a merger capital stock exchange stock purchase asset acquisition or other similar business combination one or more operating businesses. Enterprise Acq Cp has a market cap of $310.8 million; its shares were traded at around $9.918 .
Buy: Secretary, 10% Owner Staton Maria Balodimas bought 5,000 shares of EST stock on 09/29/2009 at the average price of $9.9; the price of the stock has increased by 0.18% since. Other insiders have also increased their positions in the company.
R.G. Barry Corp. (DFZ, Financial): President and CEO Greg Tunney Bought 4,093 Shares
President and CEO of R.G. Barry Corp. (DFZ) Greg Tunney bought 4,093 shares on 09/25/2009 at an average price of $7.8. BARRY (R.G.) CORP. designs manufactures and markets specialized comfort footwear for men women and children. The Company is in the business of responding to consumer demand for comfortable footwear combined with attractive appearance. The Company also designs manufactures and markets thermal comfort products in the food preservation comfort therapy and cold weather categories. R.g. Barry Corp. has a market cap of $84.2 million; its shares were traded at around $7.8 with a P/E ratio of 12.3 and P/S ratio of 0.7.
RG Barry recently reported its fourth quarter/Year-end results in a conference call. The company announced that its net sales rose 4% to almost $114 million, and a pretax income of slightly more than $11 million. Net earnings were about $7 million, or 65 cents per share.
HOTCHKIS & WILEY bought 26,000 shares in the quarter that ended on 06/30/2009, which is less than 0.01% of the $11.61 billion portfolio of HOTCHKIS & WILEY Capital Management LLC. Arnold Schneider owns 424,239 shares as of 06/30/2009, which accounts for 0.19% of the $1.44 billion portfolio of Schneider Capital Management.
Buy: Director David L Nichols bought 1,260 shares of DFZ stock on 06/15/2009 at the average price of $6.38; the price of the stock has increased by 22.26% since. Other insiders have also increased their positions in the company.
For the complete list of stocks that bought by their company CEOs, go to: CEO Buys.
Angiotech Pharmaceuticals Inc. (ANPI, Financial): President and CEO William L Hunter Bought 49,500 Shares
President and CEO of Angiotech Pharmaceuticals Inc. (ANPI) William L Hunter bought 49,500 shares on 09/29/2009 at an average price of $1.53. Angiotech Pharmaceuticals Inc. is a Canadian pharmaceutical company dedicated to the development of medical device coatings and treatments for chronic inflammatory diseases through reformulation of the anticancer drug paclitaxel. These treatments are based upon the company's discovery that paclitaxel blocks an important cellular pathway involved in inflammation. The company's goal is to establish a leadership position in the development of treatments for chronic inflammatory diseases. Angiotech Pharmaceuticals Inc. has a market cap of $127.5 million; its shares were traded at around $1.53 with and P/S ratio of 0.5.
Angiotech recently reported its second quarter results. The company announced that its total revenue was $64.6 million, and net sales were $47.2 million. “We were pleased to observe continued sales growth in our Proprietary Medical Products business during the quarter, including continued acceleration of our important Quill™ SRS and HemoStream™ product lines,” said Dr. William Hunter, President and CEO of Angiotech. “Despite the continued challenges we are experiencing in certain parts of our Base Medical Products business, the continued stabilization of our TAXUS®-derive droyalty revenue, the possibility that Cook’s Zilver™ paclitaxel-eluting peripheral stent may contribute additional royalty revenue and the recent FDA approval of our Option™ Inferior Vena Cava Filter leave us optimistic about the second half of 2009 and 2010.”
Buy: CFO K Thomas Bailey bought 30,000 shares of ANPI stock on 08/18/2009 at the average price of $1.67; the price of the stock has decreased by 8.38% since. Other insiders have also increased their positions in the company.
Blount International Inc. (BLT, Financial): President, COO & CEO Designate International Inc Blount Bought 10,000 Shares
President, COO & CEO Designate of Blount International Inc. (BLT) International Inc Blount bought 10,000 shares on 10/01/2009 at an average price of $9.02. Blount International Inc. is an international manufacturing company with operations in three business segments: Outdoor Products Industrial and Power Equipment and Sporting Equipment. Headquartered in Montgomery Alabamatheir focus is on manufacturing products which offer superior competitive advantage and hold leading market share positions industry-leading distribution and exceptional customer service. Blount International Inc. has a market cap of $438 million; its shares were traded at around $9.02 with a P/E ratio of 15.3 and P/S ratio of 0.8.
Blount recently reported its second quarter results. The company announced that its sales were $114 million, which were in line with its first quarter levels. Debt was also reduced by $33.2 million in the second quarter.
Chris Davis owns 3,836,570 shares as of 06/30/2009, an increase of 88.36% from the previous quarter. This position accounts for 0.06% of the $51.82 billion portfolio of Davis Selected Advisers. Richard Pzena owns 1,114,153 shares as of 06/30/2009, which accounts for 0.11% of the $8.5 billion portfolio of Pzena Investment Management LLC. Jean-Marie Eveillard owns 11,830,553 shares as of 06/30/2009, which accounts for 1.14% of the $8.91 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Robert Olstein owns 22,000 shares as of 06/30/2009, a decrease of 29.03% of from the previous quarter. This position accounts for 0.04% of the $467 million portfolio of Olstein Financial Alert Fund. John Rogers owns 1,968,440 shares as of 06/30/2009, a decrease of 42.39% of from the previous quarter. This position accounts for 0.46% of the $3.7 billion portfolio of ARIEL CAPITAL MANAGEMENT LLC.
Acorn Energy Inc. (ACFN, Financial): President and CEO John A Moore Bought 15,000 Shares
President and CEO of Acorn Energy Inc. (ACFN) John A Moore bought 15,000 shares during the past week at an average price of $5.29. Acorn Energy Inc. (formerly known as Acorn Factor Inc.) specializes in acquiring & accelerating the growth of emerging ventures that promise improvement in the economic & environmental efficiency of the energy sector.
Acorn Energy aims to take primarily controlling positions in companies led by great entrepreneurs & add value by supporting those companies with br&ing positioning strategy & business development. Acorn Energy is a global company with equity interests in Comverge the leading clean capacity provider of energy solutions through demand response; CoaLogix Inc. & its subsidiary SCR-Tech LLC the leading provider of catalyst regeneration technologies & services; Gridsense a pioneer in remote monitoring & control of the electric grid; Paketeria AG a German super services provider; dsIT a leader in underwater security systems for strategic coastal energy infrastructure; & Local Power Inc. the creator of Community Choice Aggregation. Acorn Energy Inc. has a market cap of $59.6 million; its shares were traded at around $5.29 with and P/S ratio of 2.8.
Acorn Energy recently reported its second quarter results. The company announced that its revenue was up 116% to $7.78 million, and its quarterly and six month gross profit also increased by 238% and 183% respectively.
Buy: Director Richard Giacco bought 4,000 shares of ACFN stock on 09/25/2009 at the average price of $5.4; the price of the stock has decreased by 2.04% since.
Enterprise ACQ CP (EST, Financial): President & CEO, 10% Owner Daniel C Staton Bought 5,000 Shares
President & CEO, 10% Owner of Enterprise ACQ CP (EST) Daniel C Staton bought 5,000 shares on 09/29/2009 at an average price of $9.918. ENTERPRISE ACQ is a blank check company formed for the purpose of acquiring through a merger capital stock exchange stock purchase asset acquisition or other similar business combination one or more operating businesses. Enterprise Acq Cp has a market cap of $310.8 million; its shares were traded at around $9.918 .
Buy: Secretary, 10% Owner Staton Maria Balodimas bought 5,000 shares of EST stock on 09/29/2009 at the average price of $9.9; the price of the stock has increased by 0.18% since. Other insiders have also increased their positions in the company.
R.G. Barry Corp. (DFZ, Financial): President and CEO Greg Tunney Bought 4,093 Shares
President and CEO of R.G. Barry Corp. (DFZ) Greg Tunney bought 4,093 shares on 09/25/2009 at an average price of $7.8. BARRY (R.G.) CORP. designs manufactures and markets specialized comfort footwear for men women and children. The Company is in the business of responding to consumer demand for comfortable footwear combined with attractive appearance. The Company also designs manufactures and markets thermal comfort products in the food preservation comfort therapy and cold weather categories. R.g. Barry Corp. has a market cap of $84.2 million; its shares were traded at around $7.8 with a P/E ratio of 12.3 and P/S ratio of 0.7.
RG Barry recently reported its fourth quarter/Year-end results in a conference call. The company announced that its net sales rose 4% to almost $114 million, and a pretax income of slightly more than $11 million. Net earnings were about $7 million, or 65 cents per share.
HOTCHKIS & WILEY bought 26,000 shares in the quarter that ended on 06/30/2009, which is less than 0.01% of the $11.61 billion portfolio of HOTCHKIS & WILEY Capital Management LLC. Arnold Schneider owns 424,239 shares as of 06/30/2009, which accounts for 0.19% of the $1.44 billion portfolio of Schneider Capital Management.
Buy: Director David L Nichols bought 1,260 shares of DFZ stock on 06/15/2009 at the average price of $6.38; the price of the stock has increased by 22.26% since. Other insiders have also increased their positions in the company.
For the complete list of stocks that bought by their company CEOs, go to: CEO Buys.