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Weekly Top Insider Buys: Owens-Illinois Inc., Stericycle Inc., SAIC Inc., Smithfield Foods Inc., and Sally Beauty Holdings Inc.

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Oct. 10, 2009 | Filed Under: OI , SRCL , SAI , SFD , SBH


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gururk

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Insider Trades



Weekly highlight of top insider buys: Owens-Illinois Inc. (OI), Stericycle Inc. (SRCL), SAIC Inc. (SAI), Smithfield Foods Inc. (SFD), and Sally Beauty Holdings Inc. (SBH)

Owens-Illinois Inc. (OI): Director David H Y Ho Bought 1,746 Shares

Director of Owens-Illinois Inc., David H Y Ho, bought 1,746 shares on 10/06/09 at an average price of $38.8.

Owens-Illinois Inc. is one of the largest manufacturers of glass containers in North America, South America, Australia, New Zealand, China and Europe. With leading positions in multiple places around the world, Owens-Illinois provides consumer-preferred products that enable superior taste, purity, visual appeal, and value benefits for customers' products. Owens-Illinois Inc. has a market cap of $6.53 billion; its shares were traded at around $38.8 with a P/E ratio of 13.6 and P/S ratio of 0.8. Owens-Illinois Inc. had an annual average earning growth of 4.5% over the past 5 years. GuruFocus rated Owens-Illinois Inc. the business predictability rank of 2.5-star.

On July 29, Owens-Illinois, Inc. reported financial results for the second quarter ending June 30, 2009. Reported net earnings were $0.88 per share (diluted). Second quarter net sales were $1.8 billion in 2009, down from $2.2 billion in the prior year. Improved price and mix were offset by lower shipments and unfavorable foreign currency translation effects.

Owens-Illinois Inc. is in the portfolios of two Gurus: Andreas Halvorsen of Viking Global Investors LP and David Dreman of Dreman Value Management.

Last week, Buy: Director David H Y Ho and Buy: Director Helge H Wehmeier both bought shares of OI stock; the price as increased by over 4%. Sell: Sr. VP & General Counsel James W Baehren sold 5,500 shares in September.

Stericycle Inc. (SRCL): Director Rodney F Dammeyer Bought 5,000 Shares

Director of Stericycle Inc., Rodney F Dammeyer, bought 5,000 shares on 10/07/09 at an average price of $48.35.

Stericycle Inc. is a multi-regional integrated company employing proprietary technology to provide environmentally-responsible management of regulated medical waste for the health care industry. Stericycle Inc. has a market cap of $4.11 billion; its shares were traded at around $48.35 with a P/E ratio of 25.5 and P/S ratio of 3.8. Stericycle Inc. had an annual average earning growth of 41.8% over the past 10 years. GuruFocus rated Stericycle Inc. the business predictability rank of 2.5-star.

On Jul. 28, Stericycle Inc. reported financial results for the second quarter of 2009. Revenues for the quarter ending June 30, 2009 were $289.3 million, up 4.1% from $277.8 million in the same quarter last year. Net income for the second quarter of 2009 was $43.9 million or $0.51 per diluted share compared with net income of $38.7 millionor $0.44 per diluted share for the second quarter of 2008.

Stericycle Inc. is in the portfolios of two Gurus: Ron Baron of Baron Funds and Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc.

Sell: CFO Brink Frank Jm Ten sold 22,700 shares of SRCL stock total June through July. Last week, Buy: Director Rodney F Dammeyer bought 5,000 shares; he has been buying shares since August.

SAIC Inc. (SAI): Director Thomas F III Frist Bought 450,000 Shares

Director of SAIC Inc., Thomas F III Frist, bought 450,000 shares on 10/02/09 at an average price of $18.76.

SAIC Inc. is a scientific engineering and technology applications company that uses its deep domain knowledge to solve problems in national security, energy, and the environment. The company's approximately 40000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies, and selected commercial markets. SAIC Inc. has a market cap of $3.94 billion; its shares were traded at around $18.76 with a P/E ratio of 15.8 and P/S ratio of 0.4.

On September 2, SAIC, Inc. announced financial results for the second quarter of fiscal year 2010, which ended July 31, 2009. Revenues for the quarter were $2.75 billion, up 8 percent from $2.55 billion in the second quarter of fiscal year 2009. Operating income for the quarter was $221 million (8.0 percent of revenue), up 17 percent from $189 million (7.4 percent of revenue) in the second quarter of fiscal year 2009.

SAIC Inc. is in the portfolio of one Guru: Ron Baron of Baron Funds.

Last week, Buy: Director Thomas F III Frist bought 450,000 shares of SAI stock. Sell: Group President [ url=http://www.gurufocus.com/InsiderBuy.php?insider=CRAVER+JOSEPH+W+III] Joseph W Iii Craver [/url] sold 40,000 shares in June.

Smithfield Foods Inc. (SFD): Executive Vice President Richard J M Poulson Bought 15,000 Shares

Executive Vice President of Smithfield Foods Inc., Richard J M Poulson, bought 15,000 shares on 10/02/2009 at an average price of $12.64.

Smithfield Foods Inc. is one of the world's largest pork processors. Smithfield Foods conducts its business through two groups: the Meat Processing Group and the Hog Production Group. Smithfield Foods Inc. has a market cap of $1.82 billion; its shares were traded at around $12.64 with and P/S ratio of 0.2. Smithfield Foods Inc. had an annual average earning growth of 1.9% over the past 10 years.

On September 8, Smithfield Foods Inc. reported results for the first financial quarter of 2010. The company reported sales of $2.7 billion versus $3.1 billion in the same period last year and attributed the decline principally to lower volumes, currency fluctuations in its international operations and lower fresh pork selling prices.

Smithfield Foods Inc. is in the portfolios of two Gurus: Steve Mandel of Lone Pine Capital and David Einhorn of Greenlight Capital Inc.

Two weeks ago, Buy: Executive Vice President [url= [www.gurufocus.com]] Richard J M Poulson [/url] bought 15,000 shares of SFD stock and the price of the stock increased by 0.48%. Sell: President and C.E.O. C Larry Pope sold 100,000 shares in September; Sell: Director Carol T Crawford and Sell: Executive Vice President Joseph W IV Luter sold shares in July.

Sally Beauty Holdings Inc. (SBH): Director John A Miller Bought 13,000 Shares

Director of Sally Beauty Holdings Inc., John A Miller, bought 13,000 shares on 10/02/09 at an average price of $7.27.

Sally Beauty Holdings Inc. is an international specialty retailer and distributor of professional beauty supplies with revenues of more than $2.5 billion annually. Sally Beauty Holdings Inc. has a market cap of $1.32 billion; its shares were traded at around $7.27 with a P/E ratio of 14.7 and P/S ratio of 0.5.

On July 30, Sally Beauty Holdings, Inc. announced financial results for the third quarter ended June 30, 2009. Consolidated net sales for the fiscal 2009 third quarter were $673.3 million, a decline of 0.5% from the fiscal 2008 third quarter, and include a negative impact from foreign currency exchange of $21.9 million, or 3.2 % of sales. Same store sales in the fiscal 2009 third quarter grew 2.6% from the fiscal 2008 third quarter. Fiscal 2009 third quarter GAAP net earnings were $31.5 million, growth of 7.3% from the fiscal 2008 third quarter. GAAP diluted earnings per share were $0.17 compared to $0.16 in the fiscal 2008 third quarter.

Sally Beauty Holdings Inc. is in the portfolios of two Gurus: Kenneth Fisher of Fisher Asset Management, LLC and John Keeley of Keeley Fund Management.

Two weeks ago, Buy: Director John A Miller bought 13,000 shares of SBH stock; the price of the stock has increased by 5.67% since. Buy: Director Edward W Rabin has been buying shares throughout August.

For the complete list of stocks that bought by their company executives, go to: Insider Buys.






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