Weekly CEO Buys Highlight: KMI, PBFX, OPK, AOL, UAM
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:
Kinder Morgan, Inc. (KMI): Chairman and CEO, 10% Owner Richard D Kinder Bought 100,000 Shares
Chairman and CEO, 10% Owner of Kinder Morgan, Inc. (KMI) Richard D Kinder bought 100,000 shares on 05/09/2014 at an average price of $33.45. Kinder Morgan, Inc. was formed in Delaware in August 1992. Kinder Morgan, Inc. has a market cap of $34.38 billion; its shares were traded at around $33.45 with a P/E ratio of 29.40 and P/S ratio of 2.30. The dividend yield of Kinder Morgan, Inc. stocks is 4.90%.
John Hussman (Trades, Portfolio) owns 10,500 shares as of 03/31/2014, an increase of 40% from the previous quarter. This position accounts for 0.026% of the $1.33 billion portfolio of Hussman Strategic Advisors, inc. Steve Mandel (Trades, Portfolio) sold out his holdings in the quarter that ended on 12/31/2013.
Director Michael Jaye Miller bought 10,000 shares of KMI stock on 03/14/2014 at the average price of 31.56. Michael Jaye Miller owns at least 20,000 shares after this. The price of the stock has increased by 5.99% since.
PBF Logistics LP (PBFX): CEO Thomas J. Nimbley Bought 100,000 Shares
CEO of PBF Logistics LP (PBFX) Thomas J. Nimbley bought 100,000 shares on 05/14/2014 at an average price of $26.92. Pbf Logistics Lp has a market cap of $855.332 million; its shares were traded at around $26.92 .
SVP, CFO C Erik Young bought 1,200 shares of PBFX stock on 05/14/2014 at the average price of 23. C Erik Young owns at least 1,200 shares after this. The price of the stock has increased by 17.04% since.
Opko Health Inc (OPK): CEO & Chairman, 10% Owner Phillip Md Et Al Frost Bought 254,200 Shares
CEO & Chairman, 10% Owner of Opko Health Inc (OPK) Phillip Md Et Al Frost bought 254,200 shares during the past week at an average price of $8.17. Opko Health, Inc. was originally incorporated in Delaware in October 1991 under the name Cytoclonal Pharmaceutics, Inc. Opko Health Inc has a market cap of $3.38 billion; its shares were traded at around $8.17 with and P/S ratio of 35.46. Opko Health Inc had an annual average earnings growth of 5.40% over the past 10 years.
Opko recently reported its first quarter 2014 operating results. Product revenue for the quarter increased approximately 28% to $19.8 million compared to $15.5 million for the 2013 period. The increase in product revenue was principally the result of increased revenue from OPKO Spain and FineTech.
George Soros (Trades, Portfolio) owns 1,494,800 shares as of 03/31/2014, an increase of 76.98% from the previous quarter. This position accounts for 0.14% of the $10.12 billion portfolio of Soros Fund Management LLC. George Soros (Trades, Portfolio) owns 844,600 shares as of 12/31/2013, an increase of 13.37% from the previous quarter. This position accounts for 0.061% of the $10.12 billion portfolio of Soros Fund Management LLC.
Vice Chairman & CTO Jane Ph D Hsiao bought 10,000 shares of OPK stock on 04/15/2014 at the average price of 8.03. Jane Ph D Hsiao owns at least 36,828,758 shares after this. The price of the stock has increased by 1.74% since.
AOL Inc (AOL): Chairman and CEO Timothy M Armstrong Bought 55,600 Shares
Chairman and CEO of AOL Inc (AOL) Timothy M Armstrong bought 55,600 shares on 05/08/2014 at an average price of $36.81. AOL Inc. formerly known as Time Warner Inc. was incorporated in Delaware. Aol Inc has a market cap of $2.94 billion; its shares were traded at around $36.81 with a P/E ratio of 33.00 and P/S ratio of 1.29.
AOL recently reported its first quarter 2014 financial results. The company announced that its total revenue grew 8% year-over-year, driven by global advertising revenue growth.
Jean-Marie Eveillard (Trades, Portfolio) owns 2,257,727 shares as of 03/31/2014, an increase of 14.79% from the previous quarter. This position accounts for 0.26% of the $37.72 billion portfolio of First Eagle Investment Management, LLC. Joel Greenblatt (Trades, Portfolio) owns 7,031 shares as of 12/31/2013, a decrease of 92.54% of from the previous quarter. This position accounts for 0.0078% of the $6.64 billion portfolio of Gotham Asset Management, LLC.
Director Eve B Burton bought 700 shares of AOL stock on 05/09/2014 at the average price of 36.95. Eve B Burton owns at least 3,498 shares after this. The price of the stock has decreased by 0.38% since.
Universal American Corp (UAM): Chairman & CEO Richard A Barasch Bought 330,000 Shares
Chairman & CEO of Universal American Corp (UAM) Richard A Barasch bought 330,000 shares on 05/13/2014 at an average price of $7.27. Universal American Corp., was incorporated under the laws of the State of Delaware on December 22, 2010. Universal American Corp has a market cap of $653.127 million; its shares were traded at around $7.27 with and P/S ratio of 0.30.
Richard Perry (Trades, Portfolio) owns 7,702,936 shares as of 03/31/2014, which accounts for 1.5% of the $3.58 billion portfolio of Perry Capital.
President & CFO Robert A Waegelein bought 50,000 shares of UAM stock on 05/13/2014 at the average price of 6.03. Robert A Waegelein owns at least 734,396 shares after this. The price of the stock has increased by 20.56% since.
This article first appeared on GuruFocus.