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:
Molycorp Inc. (
MCP
): President and CEO Constantine Karayannopoulos Bought 16,667
Shares
President and CEO of Molycorp Inc. (
MCP
) Constantine Karayannopoulos bought 16,667 shares on 01/30/2013
at an average price of $7.43. Molycorp Inc. was formed on March
4, 2010, as a new Delaware corporation. Molycorp Inc. has a
market cap of $1.03 billion; its shares were traded at around
$7.43 with a P/E ratio of 20.3 and P/S ratio of 1.3751.
John Burbank
bought 45,143 shares in the quarter that ended on 09/30/2012,
which is 0.024% of the $2.19 billion portfolio of Passport
Capital.
George Soros
bought 80,000 shares in the quarter that ended on 09/30/2012,
which is 0.015% of the $6.2 billion portfolio of Soros Fund
Management LLC.
Molycorp recently announced its third quarter 2012 financial
results. The company reported consolidated net revenue of $205.6
million in the third quarter of 2012, a 49% year-over-year
increase and a 97% increase over the previous quarter.
Chris Davis
owns 274,950 shares as of 09/30/2012, an increase of 12.49% from
the previous quarter. This position accounts for 0.0075% of the
$41.99 billion portfolio of Davis Selected Advisers. Mario
Gabelli owns 124,832 shares as of 09/30/2012, which accounts for
0.01% of the $13.78 billion portfolio of GAMCO Investors. David
Williams owns 350,000 shares as of 12/31/2011, which accounts for
0.19% of the $4.48 billion portfolio of Columbia Value and
Restructuring Fund.
Executive Vice President and CFO Michael F. Doolan bought 25,000
shares of MCP stock on 08/22/2012 at the average price of $10.
Michael F. Doolan owns at least 25,000 shares after this. The
price of the stock has decreased by 25.7% since. Other insiders
have also decreased their positions in the company.
For the complete list of stocks that were bought by their company
CEOs, go to: CEO Buys.About GuruFocus: GuruFocus.com tracks the
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