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:
First Financial Bankshares Inc. (
FFIN
): Chairman, President and CEO F. Scott Dueser Bought 132,977
Shares
Chairman, president and CEO of First Financial Bankshares Inc. (
FFIN
) F. Scott Dueser bought 132,977 shares on 11/16/2012 at an
average price of $37.47. First Financial Bankshares Inc. is a
registered multi-bank holding company. First Financial Bankshares
Inc. has a market cap of $1.11 billion; its shares were traded at
around $37.47 with a P/E ratio of 15.2 and P/S ratio of 5.3. The
dividend yield of First Financial Bankshares Inc. stocks is 2.8%.
First Financial Bankshares Inc. had an annual average earnings
growth of 6.9% over the past 10 years.
Director
Murray Hamilton Edwards
bought 618 shares of FFIN stock on 6/5/2012 at the average price
of $30.85. Murray Hamilton Edwards owns at least 71,965 shares
after this. The price of the stock has increased by 21.46% since.
There are mixed trades from other insiders.
STEC, Inc. (
STEC
): President and CEO Mehrdad Moshayedi Bought 137,664
Shares
President and CEO of STEC, Inc. (
STEC
) Mehrdad Moshayedi bought 137,664 shares on 11/21/2012 at an
average price of $4.71. Simple Technology is a technology
solutions provider offering products based on dynamic random
access memory, or DRAM, static random access memory, or SRAM, and
flash memory technologies. STEC has a market cap of $192.8
million; its shares were traded at around $4.71 with a P/S ratio
of 0.6. STEC had an annual average earnings growth of 19.1% over
the past five years.
STEC recently announced its financial results for the third
quarter ended Sept. 30, 2012. Revenue for the third quarter of
2012 was $42.1 million, a decrease of 41.9% from $72.5 million
for the third quarter of 2011 and an increase of 3.4% from $40.7
million for the second quarter of 2012.
Joel Greenblatt
owns 290,969 shares as of 9/30/2012, which accounts for 0.13% of
the $1.5 billion portfolio of Gotham Capital.
Moshayedi
bought 137,665 shares of STEC stock on 11/21/2012 at the average
price of $4.31. Moshayedi owns at least 2,453,742 shares after
this. The price of the stock has increased by 9.28% since.
Midstates Petroleum Co. Inc. (
MPO
): President and CEO John A. Crum Bought 100,000 Shares
President and CEO of Midstates Petroleum Co. Inc. (
MPO
) John A. Crum bought 100,000 shares during the past week at an
average price of $6.26. Midstates Petroleum Company Inc. is
engaged in the exploration and development of oil and natural gas
properties in central Louisiana. Midstates Petroleum Co. Inc. has
a market cap of $353.1 million; its shares were traded at around
$6.26 with and P/S ratio of 1.7.
MPO recently reported its third quarter 2012 financial results.
The company reported a net loss of $17.8 million, or $0.27 per
share, for the third quarter of 2012 as compared to net income of
$48.5 million for the third quarter of 2011. The net loss for the
third quarter of 2012 includes unrealized losses on derivatives
of $29.6 million as well as a non-cash tax benefit of $11.6
million.
Vice President of Midstream James R. Hart bought 6,000 shares of
MPO stock on 11/15/2012 at the average price of $5.08. Hart owns
at least 108,599 shares after this. The price of the stock has
increased by 23.23% since. Other insiders have also increased
their positions in the company.
Pacific Biosciences of California Inc. (
PACB
): Chairman, CEO and President Michael Hunkapiller Bought 417,300
Shares
Chairman, CEO and president of Pacific Biosciences of California
Inc. (
PACB
) Michael Hunkapiller bought 417,300 shares during the past week
at an average price of $1.45. Pacific Biosciences of California
Inc. is engaged in the development, manufacture and
commercialization of its single molecule, real-time, or SMRT
technology-an integrated platform for genetic analysis. Pacific
Biosciences of California Inc. has a market cap of $66.3 million;
its shares were traded at around $1.45 with a P/S ratio of 1.9.
PACB recently announced its third quarter 2012 financial results.
Revenue for the third quarter of 2012 totaled $2.8 million
compared to revenue of $7.3 million for the second quarter of
2012. Net loss for the quarter was $22.7 million compared to the
$22.5 million net loss during the second quarter of 2012.
Lee Ainslie owns 3,531,953 shares as of 9/30/2012, which accounts
for 0.086% of the $7.55 billion portfolio of Maverick Capital.
Jean-Marie Eveillard sold out his holdings in the quarter that
ended on 9/30/2012.
Thomas Properties Group Inc. (
TPGI
): Chairman, President and CEO James A. Thomas Bought 77,700
Shares
Chairman, President & CEO of Thomas Properties Group, Inc. (
TPGI
) James A Thomas bought 77,700 shares during the past week at an
average price of $5.79. Thomas Properties Group, Inc. is a real
estate company that owns, acquires, develops and manages office,
retail and multi-family properties throughout the United States.
Thomas Properties Group Inc. has a market cap of $252.5 million;
its shares were traded at around $5.79 with a P/E ratio of 91.5
and P/S ratio of 2.7. The dividend yield of Thomas Properties
Group Inc. stocks is 1.5%.
TPGI recently announced its third quarter 2012 financial results.
The consolidated net loss for the three months ended Sept. 30,
2012 was $4.1 million or $0.09 per share compared to consolidated
net income of $2.1 million or $0.06 per share for the three
months ended Sept. 30, 2011.
Third Avenue Management owns 7,667,279 shares as of 9/30/2012,
which accounts for 1% of the $4.4 billion portfolio of Third
Avenue Management. Arnold Schneider owns 347,667 shares as of
9/30/2012, which accounts for 0.19% of the $1.09 billion
portfolio of Schneider Capital Management.
Co-COO John R. Sischo sold 3,000 shares of TPGI stock on
11/16/2012 at the average price of 5.5. Sischo owns at least
289,783 shares after this. The price of the stock has increased
by 5.27% since. Other insiders have also decreased their
positions in the company.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
.