Tuesday, July 31, 2012

Westport Insider Buys Another $27 Mil. Worth Open Market (WPRT)

We've followed Mr. Douglas long enough that the intro to February's "Who is Kevin Douglas (and how much money does he have) AMSC; WPRT" is probably no longer true:
We've asked these questions before, Links below.
From Compounding My Interest:

Kevin Douglas – The Greatest Super Investor No One Knows


With everyone reading the 13fs filed last night, we see the quarterly drool-fest over what the super investors are doing.  While it’s interesting to see what others are buying, I find it most interesting to learn why it is they are doing that buying.  Sadly, one of my favorite super investors is a man named Kevin Douglas, and he, as usual, will not be filing any planned 13fs this quarter.  Who is Kevin Douglas?  Odds are you probably don’t know, yet over the past decade he has built one of the most impressive investment track records.  Recently he has received some headlines for his thus far poor investment in American Superconconductor Corp., but even those articles reference the fact that he is little known above any other point (see the Wall Street Journal on the topic).  If you do a Google Search for Kevin Douglas, it’s almost astonishing how little meaty information comes up for a guy who invests tens of millions at a time right now, in the age where Big Brother (aka the Internet) is always watching....MORE
We have a couple dozen posts on Westport, here are some of them.
From SEC Form4:

Common stock purchase or sale:
Transaction
& Date
Reported
Date
Company Symbol Insider
Relationship
Shares
Traded
Average
Price
Total
Amount
Shares
Ownership
Filing
2012-07-23
Purchase
2012-07-24
7:28 pm
WESTPORT INNOVATIONS INC WPRT DOUGLAS KEVIN
DOUGLAS FAMILY TRUST
JAMES & JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST
DOUGLAS JAMES E III
KGD 2010 Annuity Trust V
MMD 2010 Annuity Trust V
(13(d)(3) group
10% owner)
143,000 $38.23 $5,466,890 1,016,846
(Direct
Indirect)
View
2012-07-18-
-2012-07-20
Purchase
2012-07-20
7:46 pm
WESTPORT INNOVATIONS INC WPRT DOUGLAS KEVIN
DOUGLAS FAMILY TRUST
JAMES & JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST
DOUGLAS JAMES E III
KGD 2010 Annuity Trust V
MMD 2010 Annuity Trust V
(13(d)(3) group
10% owner)
300,000 $36.92 $11,076,760 1,002,546
(Direct
Indirect)
View
2012-07-10-
-2012-07-11
Purchase
2012-07-12
6:50 pm
WESTPORT INNOVATIONS INC WPRT DOUGLAS KEVIN
DOUGLAS FAMILY TRUST
JAMES & JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST
DOUGLAS JAMES E III
KGD 2010 Annuity Trust V
MMD 2010 Annuity Trust V
(13(d)(3) group
10% owner)
200,000 $35.06 $7,012,000 972,546
(Direct
Indirect)
View
2012-07-05-
-2012-07-06
Purchase
2012-07-09
7:12 pm
WESTPORT INNOVATIONS INC WPRT DOUGLAS KEVIN
DOUGLAS FAMILY TRUST
JAMES & JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST
DOUGLAS JAMES E III
KGD 2010 Annuity Trust V
MMD 2010 Annuity Trust V
(13(d)(3) group
10% owner)
100,000 $36.91 $3,691,232 952,546
(Direct
Indirect)
View
2012-03-13-
-2012-03-14
Purchase
2012-03-15
8:59 pm
WESTPORT INNOVATIONS INC WPRT DOUGLAS KEVIN
DOUGLAS FAMILY TRUST
JAMES & JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST
DOUGLAS JAMES E III
KGD 2010 Annuity Trust V
MMD 2010 Annuity Trust V
(13(d)(3) group
10% owner)
500,000 $44.56 $22,278,276 887,146
(Direct
Indirect)
View