Weekly CEO Buys Highlight: TOWR, TPGI, CVO, FBNC, GMO

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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:



Tower International Inc ( TOWR ): President & CEO Mark Malcolm Bought 74,451 Shares

President & CEO of Tower International Inc ( TOWR ) Mark Malcolm bought 74,451 shares on 09/06/2012 at an average price of $8.52. TA Delaware, Inc. is engaged in the manufacture of engineered structural metal components and assemblies primarily serving automotive original equipment manufacturers. Tower International Inc has a market cap of $152.6 million; its shares were traded at around $8.52 with a P/E ratio of 5.2 and P/S ratio of 0.1.

Tower International recently reported strong second quarter 2012 financial results. Revenue for second quarter 2012 was $644 million, up $41 million or 7 percent from $603 million in the second quarter 2011.

Director Frank E. Jr. English bought 1,000 shares of TOWR stock on 08/15/2012 at the average price of 8.45. Frank E. Jr. English owns at least 1,500 shares after this. The price of the stock has increased by 0.83% since.

Thomas Properties Group, Inc. ( TPGI ): Chairman, President & CEO James A Thomas Bought 63,500 Shares

Chairman, President & CEO of Thomas Properties Group, Inc. ( TPGI ) James A Thomas bought 63,500 shares during the past week at an average price of $5.99. 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 $207.6 million; its shares were traded at around $5.99 with a P/E ratio of 26.5 and P/S ratio of 2.2. The dividend yield of Thomas Properties Group, Inc. stocks is 1.1%.

Thomas Properties Group recently reported its second quarter 2012 financial results. The consolidated net loss for the three months ended June 30, 2012 was $(4.8) million or $(0.12) per share compared to consolidated net loss of $(3.0) million or $(0.08) per share for the three months ended June 30, 2011.

Third Avenue Management owns 7,667,279 shares as of 06/30/2012, which accounts for 0.99% of the $4.21 billion portfolio of Third Avenue Management . Arnold Schneider owns 365,442 shares as of 06/30/2012, which accounts for 0.19% of the $1.05 billion portfolio of Schneider Capital Management.

Co-COO and General Counsel Paul S Rutter sold 3,166 shares of TPGI stock on 08/30/2012 at the average price of 5.38. Paul S Rutter owns at least 97,713 shares after this. The price of the stock has increased by 11.34% since. Other insiders have also decreased their positions in the company.

Cenveo, Inc. ( CVO ): Chairman and CEO Robert G Sr Burton Bought 85,000 Shares

Chairman and CEO of Cenveo, Inc. ( CVO ) Robert G Sr Burton bought 85,000 shares on 09/07/2012 at an average price of $2.29. 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 $127.5 million; its shares were traded at around $2.29 with a P/E ratio of 3.2 and P/S ratio of 0.1.

CVO recently reported its second quarter 2012 financial results. Operating income was $29.0 million for the second quarter of 2012, compared to $26.3 million for the second quarter of 2011.

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. Joel Greenblatt owns 93,265 shares as of 06/30/2012, which accounts for 0.013% of the $1.36 billion portfolio of Gotham Capital.

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 19.27% since. Other insiders have also increased their positions in the company.

First Bancorp ( FBNC ): CEO Richard H Moore Bought 10,000 Shares

CEO of First Bancorp ( FBNC ) Richard H Moore bought 10,000 shares on 09/06/2012 at an average price of $11.12. First Bancorp is a one-bank holding company. The principal activity of the Company is the ownership and operation of First Bank. First Bancorp has a market cap of $168.3 million; its shares were traded at around $11.12 with and P/S ratio of 0.9. The dividend yield of First Bancorp stocks is 3.2%.

Director R Winston Jr. Dozier bought 10,000 shares of FBNC stock on 05/24/2012 at the average price of 9.01. R Winston Jr. Dozier owns at least 26,602 shares after this. The price of the stock has increased by 23.42% since.

General Moly, Inc. ( GMO ): CEO Bruce D Hansen Bought 30,000 Shares

CEO of General Moly, Inc. ( GMO ) Bruce D Hansen bought 30,000 shares on 09/10/2012 at an average price of $3.19. General Moly is a U.S.-based molybdenum mineral exploration and development company listed on the American Stock Exchange and the Toronto Stock Exchange under the symbol GMO. General Moly, Inc. has a market cap of $247.4 million; its shares were traded at around $3.19 .

General Moly recently reported its second quarter 2012 financial results. Net loss for the three months ended June 30, 2012 was $2.7 million ($0.03 per share), compared to a loss of $5.4 million ($0.06 per share) for the year ago period.

CFO David Chaput bought 5,000 shares of GMO stock on 09/10/2012 at the average price of 2.78. David Chaput owns at least 71,000 shares after this. The price of the stock has increased by 14.75% 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

Referenced Stocks: CVO , FBNC , GMO , TOWR , TPGI

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