It is interesting to watch insider buys from top executives
because they are savvy buyers of their companies' shares. One
long-term study showed that they beat the market on average by
six percentage points a year. Over 20 years that's the difference
between turning $10,000 into $67,000 and turning it into
In the past week, four companies reported insider buys coming
from their CEOs valued at over $100,000. These buys all came from
small- to mid-capped stocks in various sectors of the market.
President and CEO of MoSys, Leonard Perham, made the largest buy
of the week on May 17. The CEO added 250,000 shares at $4 per
share. The total cost of this buy was $1 million. Perham now
holds on to 1,391,140 shares. Since his buy the price per share
is up 5.5%. This buy also represented the first insider
transaction for MoSys since May 2012.
MoSys designs, develops, markets and licenses high-performance
semiconductor memory and high-speed parallel and serial interface
intellectual property (
) used by the semiconductor industry and communications,
networking and storage equipment manufacturers.
on MoSys reports that the company currently has no debt but that
the per share revenue has been in decline for the past five
MoSys has a market cap of $169.4 million; its shares were traded
at around $4.22 with a P/E ratio of 17.70 and a P/S ratio of
30.10. The company recently priced an underwritten public
offering of 6.5 million shares of its common stock at a price of
$4.00 per share. The company expects to receive net proceeds of
approximately $24.2 million.
Chuck Royce holds on to 442,275 shares of MoSys.
With its shares up 0.72%, MoSys trades at $4.22.
INVESCO Mortgage Capital (
INVESCO Mortgage reported their CEO making a large buy on May 16.
CEO and President Richard King bought 10,000 shares at an average
price of $19.92 per share. The total transaction amount for this
buy was $199,200. He now holds on to at least 5,045 shares of
INVESCO. Since his buy the price has increased 2.31%.
INVESCO Mortgage is a REIT that acquires, finances and manages
residential and commercial mortgage-backed securities and
mortgage loans. The company reports that their objective is to
"provide attractive risk-adjusted returns to shareholders,
primarily through dividends and secondarily through capital
The analysis on INVESCO reports that the P/S ratio is close to a
three-year high of 6.88 and that the company has no debt.
INVESCO's revenue has been in decline for the past three years,
as has its dividend. The company's quarterly dividend dropped in
the second quarter of 2011 and has sat at a stable $0.65 per
share since Dec. 20, 2011.
INVESCO Mortgage Capital was formerly known as INVESCO Agency
Securities. INVESCO Mortgage has a market cap of $2.73 billion;
its shares were traded at around $20.34 with a P/E ratio of 7.30
and P/S ratio of 6.30. The dividend yield of INVESCO Mortgage is
The company's debt makes up 0% of its assets and the total debt
in relation to the equity also amounts to 0%. Twelve trailing
months EPS reached a value of $2.86. During the last fiscal year
the company paid $2.60 in the form of dividends to shareholders.
As of March 31, 2013, Jim Simons owns 1,022,200 shares of INVESCO
Mortgage and Jeremy Grantham owns 46,898 shares.
With its shares down 0.13%, INVESCO Mortgage trades at $20.38.
LivePerson Inc. (
Two insiders made buys into LivePerson on May 16. CEO Robert
Locascio and Director William Wesemann both made significant buys
back into the company
CEO Robert Locascio bought 35,640 shares at $8.56 per share. This
cost the CEO a total of $305,078. Since his buy the price per
share has increased 9.81%. Locascio now holds on to at least
Wesemann added 20,000 to his stake at an average price of $8.67
per share. This cost the director a total of $173,400. He now
owns at least 60,000 shares of the company's stock. Since
Wesemann's buy the price has increased 8.42%
LivePerson provides online engagement solutions that facilitate
real-time assistance and expert advice. The company provides ways
in which businesses and independent service providers can connect
with consumers seeking help on the internet.
The GuruFocus analysis on LivePerson gives four good signs:
� The company has no debt.
� The price is near a two-year low of $8.39.
� The P/B ratio is close to a three-year low of 2.81.
� The P/S ratio is close to a three-year low of 2.93.
LivePerson has a market cap of $501 million; its shares were
traded around $9.40 with a P/E ratio of 179.20 and a P/S ratio of
Ron Baron currently owns 1,317,077 shares of LivePerson which he
increased by 0.03% in the first quarter.
With its shares up 4.75%, LivePerson trades at $9.48.
Chairman and CEO John Morgan bought 2,000 shares at $60.89 per
share this past week. This buy cost Morgan $121,780. Since this
buy the price per share has increased 0.85%. Morgan owns
1,714,310 shares of Winmark.
Winmark is a franchisor of five retail store concepts that buy,
sell, trade and consign merchandises. The five stores include:
Play It Again Sports, Once Upon a Child, Plato's Closet, Music Go
Round and Style Encore. Style Encore is Winmark's most recent
concept, and the company recently announced the signing of Style
Encore's franchise agreements.
The analysis on Winmark shows that Winmark's revenue has slowed
down in the past year, the price is currently at a one-year high
and that the operating margin is expanding. The dividend yield of
Winmark is currently at a three-year high of $0.05 per share. The
most recent dividend was declared on May 6.
Winmark has a market cap of $306.3 million; its shares were
traded at around $61.15 with a P/E ratio of 23.80 and a P/S ratio
of 6.00. Winmark had an annual earnings growth of 24.5% over the
past ten10 years.
Jim Simons made a new buy into Winmark during the first quarter.
He holds 55,400 shares of Winmark.
With its shares down 0.07%, Winmark trades at $61.31.
You can view the complete list of insider buys here. You can also
view all CEO buys and sells here.About GuruFocus: GuruFocus.com
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