Weekly CEO Buys Highlight: SUNS, MCP, MPO, HHS, CVO

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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:



Solar Senior Capital Ltd ( SUNS ): CEO, President Chn of the Brd Michael S Gross Bought 33,757 Shares

CEO, President Chn of the Brd of Solar Senior Capital Ltd ( SUNS ) Michael S Gross bought 33,757 shares during the past week at an average price of $17.44. Solar Senior Capital Ltd. operates as a business development company under the Investment Company Act of 1940. Solar Senior Capital Ltd has a market cap of $165.3 million; its shares were traded at around $17.44 with a P/E ratio of 20.7 and P/S ratio of 21. The dividend yield of Solar Senior Capital Ltd stocks is 7.2%.

SUNS recently reported earnings of $3.6 million, or $0.38 per share, and net investment income of $3.4 million, or $0.36 per share, for the quarter ended June 30, 2012. Net asset value ( NAV ) per share increased to $18.54, from $18.15 at December 31, 2011.

CFO, Secretary and Treasurer Richard Peteka bought 1,487 shares of SUNS stock on 05/31/2012 at the average price of 16.45. Richard Peteka owns at least 6,250 shares after this. The price of the stock has increased by 6.02% since. Other insiders have also decreased their positions in the company.

Molycorp, Inc. ( MCP ): President and CEO Mark A. Smith Bought 50,000 Shares

President and CEO of Molycorp, Inc. ( MCP ) Mark A. Smith bought 50,000 shares on 08/22/2012 at an average price of $9.61. Molycorp, Inc. produces rare earth oxide (REO) in the Western hemisphere. Molycorp, Inc. has a market cap of $948.7 million; its shares were traded at around $9.61 with a P/E ratio of 9 and P/S ratio of 2.4.

John Griffin bought 2,170,000 shares in the quarter that ended on 06/30/2012, which is 0.71% of the $6.63 billion portfolio of Blue Ridge Capital. Chris Davis owns 244,430 shares as of 06/30/2012, an increase of 52.39% from the previous quarter. This position accounts for 0.012% of the $43.07 billion portfolio of Davis Selected Advisers.

MCP recently reported its second quarter 2012 results. Molycorp's second quarter GAAP gross loss was $4.1 million during the quarter, compared to gross profit of $56.7 million during the second quarter of 2011. Net sales for the quarter were $104.6 million, up 5% from the second quarter 2011.

Executive VP 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 3.9% since. Other insiders have also increased their positions in the company.

Midstates Petroleum Company Inc ( MPO ): President and CEO John A Crum Bought 50,000 Shares

President and CEO of Midstates Petroleum Company Inc ( MPO ) John A Crum bought 50,000 shares during the past week at an average price of $8.19. Midstates Petroleum Company, Inc. is engaged in the exploration and development of oil and natural gas properties in central Louisiana. Midstates Petroleum Company Inc has a market cap of $524.7 million; its shares were traded at around $8.19 .

Corporate Counsel & Secretary John P. Foley bought 13,000 shares of MPO stock on 08/16/2012 at the average price of 7.52. John P. Foley owns at least 602,737 shares after this. The price of the stock has increased by 8.91% since.

Harte-Hanks, Inc. ( HHS ): President and CEO Larry Franklin Bought 46,900 Shares

President and CEO of Harte-Hanks, Inc. ( HHS ) Larry Franklin bought 46,900 shares during the past week at an average price of $7. Harte-Hanks is a worldwide direct and targeted marketing company that provides marketing services and shopper advertising opportunities to local, regional, national and international consumer and business-to-business marketers. Harte-hanks, Inc. has a market cap of $446 million; its shares were traded at around $7 with a P/E ratio of 10.7 and P/S ratio of 0.5. The dividend yield of Harte-hanks, Inc. stocks is 4.8%.

Harte-Hanks recently reported second quarter 2012 diluted loss per share of ($1.74) on revenues of $199.1 million. These results compare to diluted earnings per share of $0.15 on $213.0 million in revenues for the second quarter of 2011.

Director David L Copeland bought 20,000 shares of HHS stock on 08/14/2012 at the average price of 6.6. David L Copeland owns at least 113,591 shares after this. The price of the stock has increased by 6.06% since.

Cenveo, Inc. ( CVO ): Chairman and CEO Robert G Sr Burton Bought 100,000 Shares

Chairman and CEO of Cenveo, Inc. ( CVO ) Robert G Sr Burton bought 100,000 shares on 08/16/2012 at an average price of $1.96. Cenveo, Inc. is one of North America's providers of visual communications with one-stop services from design through fulfillment. Cenveo, Inc. has a market cap of $124.3 million; its shares were traded at around $1.96 with a P/E ratio of 3.2 and P/S ratio of 0.1.

John Keeley bought 20,000 shares in the quarter that ended on 06/30/2012, which is less than 0.01% of the $4.44 billion portfolio of Keeley Fund Management. Joel Greenblatt owns 93,265 shares as of 06/30/2012, an increase of 10.02% from the previous quarter. This position accounts for 0.013% of the $1.36 billion portfolio of Gotham Capital.

CVO recently reported its second quarter 2012 financial results. The Company generated net sales of $438.9 million for the second quarter of 2012, compared to $469.9 million for the second quarter of 2011.

EVP and CFO Mark S Hiltwein bought 5,000 shares of CVO stock on 05/14/2012 at the average price of 1.92. Mark S Hiltwein owns at least 332,158 shares after this. The price of the stock has increased by 2.08% since.

Executive VP, Operations Dean E Cherry bought 9,098 shares of CVO stock on 08/10/2012 at the average price of 1.94. Dean E Cherry owns at least 277,790 shares after this. The price of the stock has increased by 1.03% since. Other insiders have also increased 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 .



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: HHS , MCP , MPO , NAV , SUNS

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