Weekly CEO Buys Highlight

A roundup of last week's insider buys

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Oct 05, 2015
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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:

Sears Holdings Corp. (SHLD): CEO and 10% owner Edward S. Lampert bought 444,611 shares

Lampert bought 444,611 shares on Sept. 30 at an average price of $24.42. Sears Holdings was incorporated in Delaware in 2004 in connection with the merger of Kmart and Sears on March 24, 2005. Sears Holdings has a market cap of $2.37 billion; its shares were traded at around $24.42 with a P/S ratio of 0.09.

Sears recently reported its second quarter 2015 financial results. Net income attributable to shareholders was $208 million ($1.84 earnings per diluted share), compared to a net loss of $573 million ($5.39 loss per diluted share) for the prior year's second quarter.

Ten percent owner Bruce R Berkowitz bought 7,200 shares of SHLD stock on Sept. 30 at the average price of 22.64. Berkowitz owns at least 26,650,148 shares after this. The price of the stock has increased by 7.86% since.

Opko Health Inc. (OPK): CEO, Chairman and 10% owner Phillip Frost bought 154,300 shares

Frost bought 154,300 shares during the past week at an average price of $8.88. Opko Health was originally incorporated in Delaware in October 1991 under the name Cytoclonal Pharmaceutics. Opko Health has a market cap of $3.8 billion; its shares were traded at around $8.88 with a P/S ratio of 32.89. Opko Health had an annual average earnings growth of 9% over the past 10 years.

Sr. Vice President and CFO Adam Logal bought 1,000 shares of OPK stock on Sept. 14 at the average price of $9.95. Logal owns at least 45,789 shares after this. The price of the stock has decreased by 10.75% since.

FS Investment Corp. (FSIC): CEO Michael C. Forman bought 74,863 shares

Forman bought 74,863 shares during the past week at an average price of $9.69. FS Investment has a market cap of $2.27 billion; its shares were traded at around $9.69 with a P/E ratio of 14.07 and P/S ratio of 5.70. The dividend yield is 7.67%.

The company announced net investment income of 39 cents per share for the quarter, compared to 23 cents per share in the year-ago quarter. Net asset value per share at period end was $9.89, compared to $10.28 in the year-ago quarter.

Investment committee member Gerald Stahlecker bought 2,000 shares of FSIC stock on Oct. 1 at the average price of $9.34. Stahlecker owns at least 6,334 shares after this. The price of the stock has increased by 3.75% since.

US Silica Holdings Inc. (SLCA): President and CEO Bryan Adair Shinn bought 20,000 shares

Adair Shinn bought 20,000 shares on Sept. 28 at an average price of $15.10. US Silica Holdings has a market cap of $784.980 million; its shares were traded at around $15.10 with a P/E ratio of 8.25 and P/S ratio of 0.97. The dividend yield is 3.33%. US Silica Holdings had an annual average earnings growth of 35.10% over the past five years.

Director Daniel W. Avramovich bought 10,000 shares of SLCA stock on June 30 at the average price of $28.75. Avramovich owns at least 22,787 shares after this. The price of the stock has decreased by 47.48% since.

New Mountain Finance Corp. (NMFC): CEO, President and Director Robert Hamwee bought 20,000 shares

Hamwee bought 20,000 shares on Sept. 28 at an average price of $13.85. New Mountain Finance has a market cap of $806.730 million; its shares were traded at around $13.85 with a P/E ratio of 20.31 and P/S ratio of 5.98. The dividend yield of New Mountain Finance stocks is 9.82%.

The company reported second quarter adjusted net investment income of 35 cents per weighted average share. Net asset value per share was $13.90, an increase of 1 cent from the previous quarter.

Director Adam Weinstein bought 7,500 shares of NMFC stock on Sept. 30 at the average price of $13.84. Weinstein owns at least 55,795 shares after this. The price of the stock has increased by 0.07% since.