According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend for CEOs is illustrated in the chart below:
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Warning! GuruFocus has detected 4 Warning Signs with FSIC. Click here to check it out.
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The intrinsic value of FSIC
FS Investment Corp.: CEO Michael C. Forman bought 85,110 shares
FS Investment (FSIC) CEO Michael C. Forman bought 85,110 shares during the past week at an average price of $8.99 per share. FS Investment was incorporated under the general corporation laws of Maryland on Dec. 21, 2007, and commenced operations on Jan. 2, 2009. FS Investment has a market cap of $2.18 billion; its shares were traded at around $8.99 with a P/E ratio of 20.50 and P/S ratio of 5.45. The dividend yield of FS Investment stocks is 9.91%.
FS Investment recently reported its third quarter 2015 financial results. Net investment income was 26 cents per share, compared to 25 cents per share for the quarter ended Sept. 30, 2014. Adjusted net investment income was 21 cents per share, compared to 25 cents per share for the quarter ended Sept. 30, 2014.
CFO William Balke Goebel bought 2,500 shares of FS Investment stock on Nov. 11, 2015 at the average price of $9.62. Goebel owns at least 5,000 shares now. The price of the stock has decreased by 6.55% since.
JMP Group LLC: CEO, 10% owner Joseph A. Jolson bought 94,362 shares
JMP Group LLC (JMP) CEO and 10% owner Joseph A. Jolson bought 94,362 shares during the past week at an average price of $5.46 per share. JMP Group is a Delaware corporation incorporated in January 2000. JMP Group has a market cap of $115.98 million; its shares were traded at around $5.46 with a P/E ratio of 10.70 and P/S ratio of 1.00. The dividend yield of JMP Group stocks is 8.35%.
JMP Group recently reported its third quarter 2015 financial results. Operating net income was $1.3 million, or 6 cents per diluted share, a decrease of 63.5% from $3.4 million, or 15 cents per share, for the third quarter of 2014. For the nine months ended Sept. 30, 2015, operating net income was $11.2 million, or 50 cents per share, a decrease of 5.2% from $11.9 million, or 52 cents per share, for the nine months ended Sept. 30, 2014.
CFO Raymond Jackson bought 4,000 shares of JMP Group stock on Dec. 14, 2015 at the average price of $5.26. Jackson owns at least 84,457 shares after this. The price of the stock has increased by 3.8% since.
Opko Health Inc.: CEO, Chairman and 10% owner Phillip Frost, MD et al bought 20,000 shares
Opko Health (OPK) CEO, Chairman and 10% owner Phillip Frost, MD et al bought 20,000 shares on Dec. 30, 2015, at an average price of $10.05 per share. Opko Health was originally incorporated in Delaware in October 1991 under the name Cytoclonal Pharmaceutics Inc. Opko Health has a market cap of $5.48 billion; its shares were traded at around $10.05 with a P/S ratio of 20.10. Opko Health had an annual average earnings growth of 9.50% over the past 10 years.