Weekly CEO Buys Highlight: AKAM, BYI, CPSI, UVSP, AINV

By
A A A

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:

Akamai Technologies, Inc. ( AKAM ): CEO F Thomson Leighton Bought 50,000 Shares

CEO of Akamai Technologies, Inc. ( AKAM ) F Thomson Leighton bought 50,000 shares on 02/08/2013 at an average price of $35.3. Akamai Technologies, Inc. was incorporated in Delaware in 1998. Akamai Technologies, Inc. has a market cap of $6.27 billion; its shares were traded at around $35.3 with a P/E ratio of 32.7 and P/S ratio of 4.9. Akamai Technologies, Inc. had an annual average earnings growth of 15.4% over the past 5 years.

AKAM recently reported its fourth quarter 2012 financial results. The company reported financial results for the fourth quarter and full-year ended December 31, 2012. Revenue for the fourth quarter 2012 was $378 million, a 9 percent increase over third quarter revenue of $345 million, and a 17 percent increase over fourth quarter 2011 revenue of $324 million. Total revenue for 2012 was $1,374 million, a 19 percent increase over 2011 revenue of $1,159 million.

Ray Dalio bought 79,106 shares in the quarter that ended on 09/30/2012, which is 0.041% of the $7.44 billion portfolio of Bridgewater Associates. John Hussman owns 500,000 shares as of 12/31/2012, which accounts for 0.54% of the $3.8 billion portfolio of Hussman Economtrics Advisors. PRIMECAP Management owns 82,000 shares as of 09/30/2012, which accounts for 0.0051% of the $61.15 billion portfolio of PRIMECAP Management.

President - Products & Develop Rick M Mcconnell sold 6,000 shares of AKAM stock on 01/02/2013 at the average price of 42. Rick M Mcconnell owns at least 1,907 shares after this. The price of the stock has decreased by 15.95% since. Other insiders have also decreased their positions in the company.

Bally Technologies, Inc. ( BYI ): President & CEO Ramesh Srinivasan Bought 25,000 Shares

President & CEO of Bally Technologies, Inc. ( BYI ) Ramesh Srinivasan bought 25,000 shares on 02/04/2013 at an average price of $48.95. Bally Technologies, Inc. was incorporated in Nevada on September 30, 1968, under the name Advanced Patent Technologies. Bally Technologies, Inc. has a market cap of $2.01 billion; its shares were traded at around $48.95 with a P/E ratio of 19 and P/S ratio of 2.3. Bally Technologies, Inc. had an annual average earnings growth of 19.4% over the past 10 years.

Bally recently announced record second-quarter diluted earnings per share ("Diluted EPS") of $0.80 and record second-quarter revenue of $238 million for the three months ended December 31, 2012.

Joel Greenblatt bought 8,786 shares in the quarter that ended on 09/30/2012, which is 0.029% of the $1.5 billion portfolio of Gotham Capital. Meridian Funds owns 286,700 shares as of 12/31/2012, which accounts for 0.5% of the $2.55 billion portfolio of Meridian Fund.

Director Robbins David sold 60,000 shares of BYI stock on 02/05/2013 at the average price of 47.6. Robbins David owns at least 278,702 shares after this. The price of the stock has increased by 2.84% since. Other insiders have also decreased their positions in the company.

Computer Programs and Systems, Inc. ( CPSI ): President and CEO John B Jr Douglas Bought 4,100 Shares

President and CEO of Computer Programs and Systems, Inc. ( CPSI ) John B Jr Douglas bought 4,100 shares on 02/05/2013 at an average price of $50.35. Computer Programs and Systems, Inc. is a healthcare information technology company that designs, develops, markets, installs, and supports computerized information technology that effectively address the specific needs of small and midsize hospitals. Computer Programs And Systems, Inc. has a market cap of $557.3 million; its shares were traded at around $50.35 with a P/E ratio of 20.4 and P/S ratio of 3. The dividend yield of Computer Programs And Systems, Inc. stocks is 3.9%. Computer Programs And Systems, Inc. had an annual average earnings growth of 11.6% over the past 10 years. GuruFocus rated Computer Programs And Systems, Inc. the business predictability rank of 3-star.

Joel Greenblatt owns 10,039 shares as of 09/30/2012, which accounts for 0.037% of the $1.5 billion portfolio of Gotham Capital.

CFO, Secretary and Treasurer David A Dye bought 4,100 shares of CPSI stock on 02/05/2013 at the average price of 47.41. David A Dye owns at least 100,150 shares after this. The price of the stock has increased by 6.2% since.

Univest Corporation of Pennsylvania ( UVSP ): Director, Chairman, & CEO William S Aichele Bought 5,853 Shares

Director, Chairman, & CEO of Univest Corporation of Pennsylvania ( UVSP ) William S Aichele bought 5,853 shares on 02/07/2013 at an average price of $16.9. Univest Corporation of Pennsylvania is a Pennsylvania corporation organized in 1973 and registered as a bank holding company pursuant to the Bank Holding Company Act of 1956. Univest Corporation Of Pennsylvania has a market cap of $287.9 million; its shares were traded at around $16.9 with a P/E ratio of 13.7 and P/S ratio of 2.6. The dividend yield of Univest Corporation Of Pennsylvania stocks is 4.6%.

Univest reported net income of $5.1 million or $0.30 diluted earnings per share for the quarter ended December 31, 2012, a 3% decrease in net income compared to $5.3 million or $0.32 diluted earnings per share for the quarter ended December 31, 2011. For the year ended December 31, 2012, Univest reported net income of $20.9 million or $1.24 diluted earnings per share, compared to $18.9 million or $1.13 diluted earnings per share for the same period in the prior year.

Senior Executive VP Kenneth D Hochstetler bought 2,147 shares of UVSP stock on 02/07/2013 at the average price of 16.4. Kenneth D Hochstetler owns at least 43,445 shares after this. The price of the stock has increased by 3.05% since. Other insiders have also decreased their positions in the company.

Apollo Investment Corp ( AINV ): CEO James C Zelter Bought 10,000 Shares

CEO of Apollo Investment Corp ( AINV ) James C Zelter bought 10,000 shares on 02/08/2013 at an average price of $8.33. Apollo Investment Corporation a Maryland corporation organized on February 2, 2004, is a closed-end, externally managed, non-diversified management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. Apollo Investment Corp has a market cap of $1.69 billion; its shares were traded at around $8.33 with a P/E ratio of 11.5 and P/S ratio of 5.5. The dividend yield of Apollo Investment Corp stocks is 9.6%.

AINV recently announced financial results for its third fiscal quarter ended December 31, 2012. The Company's net investment income was $0.21 per share for the quarter ended December 31, 2012 compared to $0.22 for the quarter ended September 30, 2012.

Leon Cooperman owns 150,000 shares as of 09/30/2012, which accounts for 0.024% of the $4.99 billion portfolio of Omega Advisors. David Williams owns 4,550,000 shares as of 12/31/2011, which accounts for 0.65% of the $4.48 billion portfolio of Columbia Value and Restructuring Fund.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: AINV , AKAM , BYI , CPSI , UVSP

GuruFocus

GuruFocus

More from GuruFocus:

Related Videos

Stuck
Stuck                               
Yoga Surfer
Yoga Surfer                         

Stocks

Referenced

Most Active by Volume

89,851,277
  • $17.05 ▲ 0.12%
61,694,953
  • $39.05 ▲ 1.03%
61,622,467
  • $102.64 ▲ 1.56%
56,476,509
  • $3.48 ▼ 1.14%
49,282,352
  • $5.31 ▲ 3.91%
37,301,083
  • $87.17 ▼ 3.03%
36,192,897
  • $78.29 ▲ 1.94%
33,401,171
  • $38.83 ▼ 1.89%
As of 9/23/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com