According to GuruFocus Insider Data, these are the largest insider buys during the past week: Bank of America Corp. (BAC, Financial), BlackRock Inc. (BLK, Financial), U.S. Bancorp (USB, Financial)
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
Bank of America Corp. (BAC): Director Robert L Tillman Bought 200,000 Shares
Director of Bank of America Corp., Robert L Tillman, bought 200,000 shares on 1/20/2009 at an average price of $6.24.
Bank of America Corp. is one of the world's leading financial services companies. Bank of America provides individuals, small businesses, and commercial, corporate, and institutional clients across the United States and around the world with new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever, and however they choose. Bank of America Corp. has a market cap of $36.03 billion; its shares were traded at around $6.24 with a P/E ratio of 10.41 and P/S ratio of 0.54. The dividend yield of Bank of America Corp. stocks is 17.83%. Bank of America Corp. had an annual average earning growth of 7.5% over the past 10 years.
Bank of America Corp. reported on January 16, 2009, a net income of $4.01 billion compared to the $14.98 billion net income of 2007.
Bank of America Corp. is owned by 18 Gurus. They are: Ken Heebner, John Hussman, George Soros, Bill Nygren, Charles Brandes, Richard Snow, Richard Pzena, Tom Gayner, David Dreman, Brian Rogers, Dodge & Cox, Irving Kahn, HOTCHKIS & WILEY, Kenneth Fisher, Ruane Cunniff, Warren Buffett, and Chris Davis. NWQ Managers and Jean-Marie Eveillard sold out their holdings in the quarter that ended on 09/30/2008.
Chairman CEO and Pres, Director Kenneth D Lewis bought 200,000 shares of BAC stock on last week; the price of the stock has increased by more than 4% since.
Director Frank P Bramble and Pres Gbl Wlth and Inv Mgt Brian T Moynihan bought shares of BAC stock on 1/21/09; the price of the stock has increased by 5.76% since. Pres Glbl Bkg Sec & Wlth Mgmt John A Thain bought 84,600 shares of BAC stock on 01/21/2009; the price of the stock has increased by 9.28% since. Director Thomas M Ryan, Director William III Barnet, Director John T Collins, Director Robert L Tillman, Director Jr O Temple Sloan, and Director Jackie M Ward bought shares of BAC stock on 1/20/09; the price per stock has increased by more than 4% since. Director John T Collins bought 3,300 shares of BAC stock on in August; the price of the stock has decreased by 79.45% since.
BlackRock Inc. (BLK): Director James Grosfeld Bought 10,000 Shares
Director of BlackRock Inc., James Grosfeld, bought 10,000 shares on 01/22/2009 at an average price of $111.85.
BlackRock Inc. is one of the largest investment management firms in the United States. The company offers a variety of investment products to institutional and individual investors in the U.S. and internationally. The company also offers a variety of risk management services to large institutional fixed income investors. BlackRock Inc. has a market cap of $13.85 billion; its shares were traded at around $111.85 with a P/E ratio of 14.17 and P/S ratio of 2.86. The dividend yield of BlackRock Inc. stocks is 2.66%. BlackRock Inc. had an annual average earning growth of 20.2% over the past 10 years.
Director James Grosfeld bought 10,000 shares of BLK stock on 01/22/2009 at the average price of $104.97; the price of the stock has increased by 6.55% since.
U.S. Bancorp (USB): Director Arthur D Jr Collins Bought 20,000 Shares
Director of U.S. Bancorp, Arthur D Jr Collins, bought 20,000 shares on 01/22/2009 at an average price of $14.64.
U.S. Bancorp is a financial services holding company. It operates full-service branch offices and ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust, and payment services products to consumers, businesses, and institutions. U.S. Bancorp is the parent company of Firstar Bank and U.S. Bank. U.S. Bancorp has a market cap of $32.14 billion; its shares were traded at around $14.64 with a P/E ratio of 8.52 and P/S ratio of 1.58. The dividend yield of U.S. Bancorp stocks is 9.28%. U.S. Bancorp had an annual average earning growth of 13.4% over the past 10 years. GuruFocus rated U.S. Bancorp the business predictability rank of 3.5-star.
As of January 2, 2009, U.S. Bancorp had an annual revenue of $6,811 million. The financials for 2008 have not yet been released.
U.S. Bancorp is owned by 12 Gurus. As of 9/30/08, Ken Heebner, Prem Watsa, Kenneth Fisher, Warren Buffett, Brian Rogers, Tweedy Browne, Dodge & Cox, Bill Nygren, Ruane Cunniff, David Dreman, Jean-Marie Eveillard, and Wallace Weitz all own shares of U.S. Bancorp. Chris Davis sold out his holdings in the same quarter.
Chairman, President and CEO, Director Richard K Davis sold 173,673 shares of USB stock in August at the average price of $31.42; the price of the stock has decreased by 53.41% since. Vice Chairman, CFO Andrew Cecere sold 50,000 shares of USB stock on in the same month at the average price of $31.95; the price of the stock has decreased by 54.18% since.
Directors Jerry W Levin and Arthur D Jr Collins bought shares of USB stock on 1/22/09. irector Jerry W Levin bought 10,000 shares of USB stock in November at the average price of $26.08; the price of the stock has decreased by 43.87% since. Vice Chairman Joseph M Otting bought 4,000 shares of USB stock in November at the average price of $27.5; the price of the stock has decreased by 46.76% since.
EVP and Chief Strategy Officer Howell D. III Mccullough and EVP, Human Resources Jennie P Carlson both sold shares of USB stock during November; the price per stock has decreased by more than 50% since. Vice Chairman William L Chenevich sold a total of 132,072 shares throughout October and November; the price per share has decreased by more than 50% since the latest sale.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
Bank of America Corp. (BAC): Director Robert L Tillman Bought 200,000 Shares
Director of Bank of America Corp., Robert L Tillman, bought 200,000 shares on 1/20/2009 at an average price of $6.24.
Bank of America Corp. is one of the world's leading financial services companies. Bank of America provides individuals, small businesses, and commercial, corporate, and institutional clients across the United States and around the world with new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever, and however they choose. Bank of America Corp. has a market cap of $36.03 billion; its shares were traded at around $6.24 with a P/E ratio of 10.41 and P/S ratio of 0.54. The dividend yield of Bank of America Corp. stocks is 17.83%. Bank of America Corp. had an annual average earning growth of 7.5% over the past 10 years.
Bank of America Corp. reported on January 16, 2009, a net income of $4.01 billion compared to the $14.98 billion net income of 2007.
Bank of America Corp. is owned by 18 Gurus. They are: Ken Heebner, John Hussman, George Soros, Bill Nygren, Charles Brandes, Richard Snow, Richard Pzena, Tom Gayner, David Dreman, Brian Rogers, Dodge & Cox, Irving Kahn, HOTCHKIS & WILEY, Kenneth Fisher, Ruane Cunniff, Warren Buffett, and Chris Davis. NWQ Managers and Jean-Marie Eveillard sold out their holdings in the quarter that ended on 09/30/2008.
Chairman CEO and Pres, Director Kenneth D Lewis bought 200,000 shares of BAC stock on last week; the price of the stock has increased by more than 4% since.
Director Frank P Bramble and Pres Gbl Wlth and Inv Mgt Brian T Moynihan bought shares of BAC stock on 1/21/09; the price of the stock has increased by 5.76% since. Pres Glbl Bkg Sec & Wlth Mgmt John A Thain bought 84,600 shares of BAC stock on 01/21/2009; the price of the stock has increased by 9.28% since. Director Thomas M Ryan, Director William III Barnet, Director John T Collins, Director Robert L Tillman, Director Jr O Temple Sloan, and Director Jackie M Ward bought shares of BAC stock on 1/20/09; the price per stock has increased by more than 4% since. Director John T Collins bought 3,300 shares of BAC stock on in August; the price of the stock has decreased by 79.45% since.
BlackRock Inc. (BLK): Director James Grosfeld Bought 10,000 Shares
Director of BlackRock Inc., James Grosfeld, bought 10,000 shares on 01/22/2009 at an average price of $111.85.
BlackRock Inc. is one of the largest investment management firms in the United States. The company offers a variety of investment products to institutional and individual investors in the U.S. and internationally. The company also offers a variety of risk management services to large institutional fixed income investors. BlackRock Inc. has a market cap of $13.85 billion; its shares were traded at around $111.85 with a P/E ratio of 14.17 and P/S ratio of 2.86. The dividend yield of BlackRock Inc. stocks is 2.66%. BlackRock Inc. had an annual average earning growth of 20.2% over the past 10 years.
Director James Grosfeld bought 10,000 shares of BLK stock on 01/22/2009 at the average price of $104.97; the price of the stock has increased by 6.55% since.
U.S. Bancorp (USB): Director Arthur D Jr Collins Bought 20,000 Shares
Director of U.S. Bancorp, Arthur D Jr Collins, bought 20,000 shares on 01/22/2009 at an average price of $14.64.
U.S. Bancorp is a financial services holding company. It operates full-service branch offices and ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust, and payment services products to consumers, businesses, and institutions. U.S. Bancorp is the parent company of Firstar Bank and U.S. Bank. U.S. Bancorp has a market cap of $32.14 billion; its shares were traded at around $14.64 with a P/E ratio of 8.52 and P/S ratio of 1.58. The dividend yield of U.S. Bancorp stocks is 9.28%. U.S. Bancorp had an annual average earning growth of 13.4% over the past 10 years. GuruFocus rated U.S. Bancorp the business predictability rank of 3.5-star.
As of January 2, 2009, U.S. Bancorp had an annual revenue of $6,811 million. The financials for 2008 have not yet been released.
U.S. Bancorp is owned by 12 Gurus. As of 9/30/08, Ken Heebner, Prem Watsa, Kenneth Fisher, Warren Buffett, Brian Rogers, Tweedy Browne, Dodge & Cox, Bill Nygren, Ruane Cunniff, David Dreman, Jean-Marie Eveillard, and Wallace Weitz all own shares of U.S. Bancorp. Chris Davis sold out his holdings in the same quarter.
Chairman, President and CEO, Director Richard K Davis sold 173,673 shares of USB stock in August at the average price of $31.42; the price of the stock has decreased by 53.41% since. Vice Chairman, CFO Andrew Cecere sold 50,000 shares of USB stock on in the same month at the average price of $31.95; the price of the stock has decreased by 54.18% since.
Directors Jerry W Levin and Arthur D Jr Collins bought shares of USB stock on 1/22/09. irector Jerry W Levin bought 10,000 shares of USB stock in November at the average price of $26.08; the price of the stock has decreased by 43.87% since. Vice Chairman Joseph M Otting bought 4,000 shares of USB stock in November at the average price of $27.5; the price of the stock has decreased by 46.76% since.
EVP and Chief Strategy Officer Howell D. III Mccullough and EVP, Human Resources Jennie P Carlson both sold shares of USB stock during November; the price per stock has decreased by more than 50% since. Vice Chairman William L Chenevich sold a total of 132,072 shares throughout October and November; the price per share has decreased by more than 50% since the latest sale.
