Weekly CEO Buys Highlight: GE, ICUI, OPK, CLMS, AHH

GuruFocus.com

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:


General Electric Co (GE): Chairman and CEO Jeffrey R. Immelt Bought 104,900 Shares

Chairman and CEO of General Electric Co. (GE) Jeffrey R. Immelt bought 104,900 shares on 03/03/2014 at an average price of $26.13. General Electric Co, a New York corporation was incorporated in 1892. General Electric Co has a market cap of $262.17 billion; its shares were traded at around $26.13 with a P/E ratio of 19.20 and P/S ratio of 1.84. The dividend yield of General Electric Co stocks is 3.14%.

George Soros (Trades, Portfolio) bought 200,000 shares in the quarter that ended on 12/31/2013, which is 0.048% of the $11.78 billion portfolio of Soros Fund Management LLC. Richard Snow (Trades, Portfolio) owns 63,271 shares as of 12/31/2013, a decrease of 44.19% of from the previous quarter. This position accounts for 0.072% of the $2.46 billion portfolio of Snow Capital Management L.P. David Dreman (Trades, Portfolio) owns 46,479 shares as of 12/31/2013, a decrease of 55.53% of from the previous quarter. This position accounts for 0.19% of the $1.32 billion portfolio of Dreman Value Management.

Director William G. Beattie bought 2,000 shares of GE stock on 01/24/2014 at the average price of $25.47. William G Beattie owns at least 47,193 shares after this. The price of the stock has increased by 2.59% since.

ICU Medical Inc. (ICUI): Chairman and CEO Vivek Jain Bought 30,000 Shares

Chairman and CEO of ICU Medical Inc. (ICUI) Vivek Jain bought 30,000 shares on 03/05/2014 at an average price of $59.54. ICU Medical Inc. is a Delaware Corporation founded in 1984. ICU Medical Inc. has a market cap of $898.479 million; its shares were traded at around $59.54 with a P/E ratio of 22.60 and P/S ratio of 2.91. ICU Medical Inc. had an annual average earnings growth of 16.90% over the past 10 years. GuruFocus rated ICU Medical Inc. the business predictability rank of 4-star.

ICU recently announced fourth quarter 2013 revenue was $77.9 million, compared to $82.7 million in the same period last year. Net income for the fourth quarter of 2013 was $13.3 million, or $0.86 per diluted share, as compared to net income of $12.3 million, or $0.82 per diluted share, for the fourth quarter of 2012.

Joel Greenblatt (Trades, Portfolio) bought 133,533 shares in the quarter that ended on 12/31/2013, which is 0.2% of the $4.2 billion portfolio of Gotham Capital. Mario Gabelli (Trades, Portfolio) owns 69,733 shares as of 12/31/2013, an increase of 45.18% from the previous quarter. This position accounts for 0.024% of the $18.65 billion portfolio of GAMCO Investors.

Director Jack Brown sold 2,000 shares of ICUI stock on 03/07/2014 at the average price of $59.78. Jack Brown owns at least 18,961 shares after this. The price of the stock has decreased by 0.4% since.

Opko Health Inc. (OPK): CEO & Chairman, 10% Owner Phillip Frost Md Et Al Bought 56,500 Shares

CEO and Chairman, 10% Owner of Opko Health Inc. (OPK) Phillip Frost Md Et Al bought 56,500 shares during the past week at an average price of $9.19. 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 $3.79 billion; its shares were traded at around $9.19 with and P/S ratio of 31.69.

Opko recently reported its fourth quarter and full year 2013 financial results. For the fourth quarter of 2013, consolidated revenues increased about 30% to $20.7 million from $16.2 million in the prior year period. For the year ended Dec. 31, 2013, consolidated revenues more than doubled to $96.5 million from $47.0 million in the prior year.

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 $11.78 billion portfolio of Soros Fund Management LLC. Mario Gabelli (Trades, Portfolio) owns 15,000 shares as of 12/31/2013, which accounts for 0.0007% of the $18.65 billion portfolio of GAMCO Investors.

Vice Chairman and CTO Jane Hsiao Ph.D. bought 10,000 shares of OPK stock on 01/30/2014 at the average price of $8.14. Jane Hsiao Ph.D. owns at least 36,818,758 shares after this. The price of the stock has increased by 12.9% since.

Calamos Asset Management, Inc. (CLMS): Chairman, CEO and Global Co-CIO, 10% Owner John P. Calamos Sr. Bought 40,789 Shares

Chairman, CEO and Global Co-CIO, 10% Owner of Calamos Asset Management Inc. (CLMS) John P. Calamos Sr. bought 40,789 shares on 03/03/2014 at an average price of $12.65. Calamos Asset Management Inc. is a global asset management firm that offers strategies to fulfill a range of asset allocation goals through a multi-team platform. Calamos Asset Management Inc. has a market cap of $259.713 million; its shares were traded at around $12.65 with a P/E ratio of 21.10 and P/S ratio of 0.94. The dividend yield of Calamos Asset Management Inc. stocks is 3.95%. Calamos Asset Management Inc. had an annual average earnings growth of 31.40% over the past five years.

CLMS recently reported its fourth quarter and full year 2013 financial results. Non-GAAP diluted earnings per share was $0.25 for the fourth quarter compared to $0.20 in the previous quarter and $0.32 in the fourth quarter of 2012.1 Non-GAAP net income attributable to Calamos Asset Management Inc. (CAM) was $5.0 million for the quarter compared to $4.1 million last quarter and $6.6 million in the fourth quarter of 2012.

Mario Gabelli (Trades, Portfolio) owns 126,000 shares as of 12/31/2013, which accounts for 0.008% of the $18.65 billion portfolio of GAMCO Investors.

SVP and CFO Nimish S. Bhatt bought 337 shares of CLMS stock on 02/25/2014 at the average price of $11.45. Nimish S. Bhatt owns at least 88,689 shares after this. The price of the stock has increased by 10.48% since.

Armada Hoffler Properties Inc. (AHH): President and CEO Louis S. Haddad Bought 25,000 Shares

President, CEO of Armada Hoffler Properties Inc. (AHH) Louis S. Haddad bought 25,000 shares on 03/03/2014 at an average price of $10.05. Armada Hoffler Properties Inc. was formed as a Maryland corporation in October 2012 to succeed to the business of Armada Hoffler, a privately owned real estate business founded in 1979. Armada Hoffler Properties Inc. has a market cap of $192.594 million; its shares were traded at around $10.05 with a P/E ratio of 33.50 and P/S ratio of 1.45. The dividend yield of Armada Hoffler Properties Inc. stocks is 3.98%.

This article first appeared on GuruFocus.

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