Weekly CEO Buys Highlight: OPK, PACB, CUBI, ARCP, RLYP

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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:


Opko Health Inc. ( OPK ): CEO and Chairman, 10% Owner Phillip Frost Md Et Al Bought 99,800 Shares

CEO and Chairman, 10% Owner of Opko Health Inc. ( OPK ) Phillip Frost Md Et Al bought 99,800 shares during the past week at an average price of $10.00. Opko Health Inc. has a market cap of $4.08 billion; its shares were traded at around $10.00 with and P/S ratio of 34.48.

Opko recently reported its third quarter 2013 financial results. Cash, cash equivalents and marketable securities were $180.8 million as of Sept. 30, 2013.

George Soros bought 745,000 shares in the quarter that ended on 09/30/2013, which is 0.072% of the $9.14 billion portfolio of Soros Fund Management LLC. Mario Gabelli owns 15,000 shares as of 09/30/2013, which accounts for 0.0008% of the $17.03 billion portfolio of GAMCO Investors.

Pacific Biosciences of California Inc. ( PACB ): Chairman, CEO and President Michael Hunkapiller Bought 200,000 Shares

Chairman, CEO and President of Pacific Biosciences of California Inc. ( PACB ) Michael Hunkapiller bought 200,000 shares on 11/21/2013 at an average price of $3.93. Pacific Biosciences of California Inc. has a market cap of $259.978 million; its shares were traded at around $3.93 with and P/S ratio of 9.59.

Lee Ainslie owns 5,814,719 shares as of 09/30/2013, an increase of 64.63% from the previous quarter. This position accounts for 0.43% of the $7.38 billion portfolio of Maverick Capital.

Customers Bancorp Inc. ( CUBI ): Chairman and CEO Jay S. Sidhu Bought 25,800 Shares

Chairman and CEO of Customers Bancorp Inc ( CUBI ) Jay S. Sidhu bought 25,800 shares on 11/18/2013 at an average price of $16.60. Customers Bancorp Inc has a market cap of $409.672 million; its shares were traded at around $16.60 with a P/E ratio of 11.10 and P/S ratio of 2.91.

CUBI recently announced its third quarter 2013 results. The company reported earnings of $8.3 million for the third quarter of 2013 compared to earnings of $6.6 million for the third quarter of 2012, an increase of 24.6%.

CFO&Executive Vice President Robert E. Wahlman bought 30,000 shares of CUBI stock on 11/19/2013 at the average price of $16.74. Robert E. Wahlman owns at least 30,000 shares after this. The price of the stock has decreased by 0.84% since.

American Realty Capital Properties Inc. ( ARCP ): Chairman of the BoD and CEO Nicholas S. Schorsch Bought 30,000 Shares

Chairman of the BoD and CEO of American Realty Capital Properties Inc. ( ARCP ) Nicholas S Schorsch bought 30,000 shares on 11/15/2013 at an average price of $13.02. American Realty Capital Properties Inc. has a market cap of $2.42 billion; its shares were traded at around $13.02. The dividend yield of American Realty Capital Properties Inc stocks is 6.91%.

For the quarter ended Sept. 30, 2013, revenues of $60.9 million were reported, a record amount for the company, compared to $45.0 million in the second quarter of 2013, or a quarter-to-quarter increase of over 35%. Adjusted funds from operations totaled $46.7 million for the third quarter of 2013, compared to $32.8 million generated in the second quarter, respectively, or a quarter to quarter increase of over 42%.

EVP and CFO Brian S. Block bought 25,000 shares of ARCP stock on 08/09/2013 at the average price of $13.73. Brian S. Block owns at least 90,049 shares after this. The price of the stock has decreased by 5.17% since.

Relypsa Inc. ( RLYP ): President and CEO John A. Orwin Bought 15,000 Shares

President and CEO of Relypsa Inc. ( RLYP ) John A. Orwin bought 15,000 shares on 11/20/2013 at an average price of $13.30. Relypsa Inc. has a market cap of $381.242 million; its shares were traded at around $13.30.

Director, 10% Owner Jonathan Silverstein bought 712,192 shares of RLYP stock on 11/20/2013 at the average price of $11. Jonathan Silverstein owns at least 9,941,551 shares after this. The price of the stock has increased by 20.91% since.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 , Stocks

Referenced Stocks: ARCP , CUBI , OPK , PACB , RLYP

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89,070,840
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78,931,485
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77,025,346
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74,713,335
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57,112,188
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As of 12/17/2014, 04:15 PM


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