Weekly CEO Buys Highlight: SYMC, TDY, PNK, FNFG, OCR

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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:

Symantec Corporation ( SYMC ): Chairman, President & CEO Stephen M Bennett Bought 89,300 Shares

Chairman, President & CEO of Symantec Corporation ( SYMC ) Stephen M Bennett bought 89,300 shares on 07/31/2012 at an average price of $16.8. Symantec, a world leader in Internet security technology, provides a broad range of content security solutions to individuals and companies.

Symantec Corporation has a market cap of $11.49 billion; its shares were traded at around $16.8 with a P/E ratio of 11.3 and P/S ratio of 1.7. Symantec Corporation had an annual average earnings growth of 13.2% over the past 10 years. GuruFocus rated Symantec Corporation the business predictability rank of 4-star .

SYMC recently reported the results of its first quarter of fiscal year 2013, ended June 29, 2012. GAAP revenue for the fiscal first quarter was $1.668 billion, up 1 percent year-over-year and up 4 percent after adjusting for currency.

Dodge & Cox owns 60,000,966 shares as of 03/31/2012, which accounts for 1.4% of the $78.02 billion portfolio of Dodge & Cox . David Dreman owns 207,990 shares as of 03/31/2012, which accounts for 0.081% of the $4.79 billion portfolio of Dreman Value Management. HOTCHKIS & WILEY owns 549,800 shares as of 03/31/2012, which accounts for 0.061% of the $16.79 billion portfolio of Hotchkis & Wiley Capital Management LLC.

EVP and CFO James A Beer sold 1,175 shares of SYMC stock on 06/01/2012 at the average price of 14.49. James A Beer owns at least 266,188 shares after this. The price of the stock has increased by 15.94% since. Other insiders have also decreased their positions in the company.

Teledyne Technologies Incorporated ( TDY ): Chairman, Pres. & CEO Robert Mehrabian Bought 10,000 Shares

Chairman, Pres. & CEO of Teledyne Technologies Incorporated ( TDY ) Robert Mehrabian bought 10,000 shares on 07/30/2012 at an average price of $64.03. Teledyne Technologies Inc. is a provider of sophisticated electronic and communication products, systems engineering solutions and information technology services, and aerospace engines and components.

Teledyne Technologies Incorporated has a market cap of $2.34 billion; its shares were traded at around $64.03 with a P/E ratio of 16.5 and P/S ratio of 1.2. Teledyne Technologies Incorporated had an annual average earnings growth of 17.6% over the past 10 years. GuruFocus rated Teledyne Technologies Incorporated the business predictability rank of 3-star.

Teledyne recently reported second quarter 2012 sales from continuing operations of $518.5 million, compared with sales of $502.9 million for the second quarter of 2011, an increase of 3.1%. Net income from continuing operations was $39.5 million ($1.06 per diluted share) for the second quarter of 2012, compared with $38.7 million ($1.04 per diluted share) for the second quarter of 2011, an increase of 2.1%.

John Keeley owns 389,280 shares as of 03/31/2012, a decrease of 26.24% of from the previous quarter. This position accounts for 0.5% of the $4.94 billion portfolio of Keeley Fund Management. Ken Fisher owns 517,821 shares as of 06/30/2012, a decrease of 38.17% of from the previous quarter. This position accounts for 0.092% of the $34.66 billion portfolio of Fisher Asset Management, LLC. Joel Greenblatt sold out his holdings in the quarter that ended on 03/31/2012.

Director Paul David Miller sold 4,000 shares of TDY stock on 02/24/2012 at the average price of 61.01. Paul David Miller owns at least 9,710 shares after this. The price of the stock has increased by 4.95% since.

Pinnacle Entertainment, Inc ( PNK ): President and CEO Anthony Michael Sanfilippo Bought 25,100 Shares

President and CEO of Pinnacle Entertainment, Inc ( PNK ) Anthony Michael Sanfilippo bought 25,100 shares on 07/26/2012 at an average price of $10.92. Pinnacle Entertainment is a diversified gaming company that owns and operates casinos in Indiana, Louisiana, Mississippi, Nevada and Argentina and is pursuing the development of a hotel and casino resort in Lake Charles, Louisiana. Pinnacle Entertainment, Inc has a market cap of $643.1 million; its shares were traded at around $10.92 with a P/E ratio of 9.1 and P/S ratio of 0.6.

Mario Gabelli owns 754,905 shares as of 03/31/2012, which accounts for 0.062% of the $13.95 billion portfolio of GAMCO Investors. Joel Greenblatt sold out his holdings in the quarter that ended on 03/31/2012.

Pinnacle Entertainment recently reported its second quarter 2012 financial results. Revenues increased $8.9 million or 3.1% year over year to $298.3 million. Consolidated Adjusted EBITDA increased $14.5 million or 24.7% year over year to $73.2 million.

EVP and CFO Carlos Ruisanchez bought 20,000 shares of PNK stock on 07/26/2012 at the average price of 9.62. Carlos Ruisanchez owns at least 118,890 shares after this. The price of the stock has increased by 13.51% since.

First Niagara Financial Group Inc. ( FNFG ): President & CEO John R Koelmel Bought 25,000 Shares

President & CEO of First Niagara Financial Group Inc. ( FNFG ) John R Koelmel bought 25,000 shares on 08/01/2012 at an average price of $7.82. First Niagara Financial Group, Inc. is a multi-bank holding company and is the parent of First Niagara Bank, Cortland Savings Bank and Cayuga Bank. First Niagara Financial Group Inc. has a market cap of $2.54 billion; its shares were traded at around $7.82 with a P/E ratio of 8.5 and P/S ratio of 1.9. The dividend yield of First Niagara Financial Group Inc. stocks is 4.4%. First Niagara Financial Group Inc. had an annual average earnings growth of 3.5% over the past 10 years.

Richard Snow owns 4,095,307 shares as of 03/31/2012, an increase of 21168.8% from the previous quarter. This position accounts for 1.9% of the $2.14 billion portfolio of Snow Capital Management, L.P.. John Keeley owns 3,898,906 shares as of 03/31/2012, an increase of 18.4% from the previous quarter. This position accounts for 0.78% of the $4.94 billion portfolio of Keeley Fund Management.

FNFG recently reported its first quarter 2012 financial results. In the first quarter of 2012, First Niagara posted non-GAAP operating net income available to common shareholders of $64.9 million, or $0.19 per diluted share, compared to $0.24 per share in the fourth quarter of 2011.

CFO Gregory W Norwood bought 10,000 shares of FNFG stock on 08/02/2012 at the average price of 7.47. Gregory W Norwood owns at least 93,523 shares after this. The price of the stock has increased by 4.69% since. Other insiders have also increased their positions in the company.

Omnicare, Inc. ( OCR ): Interim CEO, President & CFO John L Workman Bought 5,000 Shares

Interim CEO, President & CFO of Omnicare, Inc. ( OCR ) John L Workman bought 5,000 shares on 07/30/2012 at an average price of $31.32. Omnicare, Inc., a Fortune five hundred company based in Covington, Kentucky, is a provider of pharmaceutical care for the elderly. Omnicare, Inc. has a market cap of $3.5 billion; its shares were traded at around $31.32 with a P/E ratio of 11.2 and P/S ratio of 0.6. The dividend yield of Omnicare, Inc. stocks is 0.9%.

Ray Dalio owns 101,281 shares as of 03/31/2012, an increase of 1622.17% from the previous quarter. This position accounts for 0.056% of the $6.43 billion portfolio of Bridgewater Associates. HOTCHKIS & WILEY owns 1,376,484 shares as of 03/31/2012, an increase of 374.68% from the previous quarter. This position accounts for 0.29% of the $16.79 billion portfolio of Hotchkis & Wiley Capital Management LLC. Jean-Marie Eveillard owns 2,001,000 shares as of 03/31/2012, an increase of 11.99% from the previous quarter. This position accounts for 0.28% of the $25.09 billion portfolio of First Eagle Investment Management, LLC.

OCR recently reported its second quarter 2012 financial results. Net sales was $1,536.0 million versus $1,555.9 million in the second quarter of 2011. Gross profit was $367.3 million as compared with $336.4 million in the second quarter of 2011.

Interim CEO, President & CFO John L Workman bought 5,000 shares of OCR stock on 07/30/2012 at the average price of 31.14. John L Workman owns at least 231,152 shares after this. The price of the stock has increased by 0.58% 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 .



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: FNFG , OCR , PNK , SYMC , TDY

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