1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
gururk
gururk
Articles (5982) 

Weekly Top Insider Buys: CPB, GAM, IRET, CCOI

January 08, 2011 | About:

Weekly highlight of top insider buys: Campbell Soup Company (NYSE:CPB), General American Investors Company Inc. (GAM), Investors Real Estate Trust (NYSE:IRET), and Cogent Communications Group Inc. Cogent (NASDAQ:CCOI).

Campbell Soup Company (NYSE:CPB): Director Archbold D Vanbeuren Bought 3,949 Shares

Director of Campbell Soup Company, Archbold D Vanbeuren, bought 3,949 shares on 12/31/2010 at an average price of $34.48.

Campbell Soup Company, together with its consolidated subsidiaries, is a global manufacturer and marketer of high quality, branded convenience food products. Campbell Soup Company has a market cap of $11.57 billion; its shares were traded at around $34.48 with a P/E ratio of 14.2 and P/S ratio of 1.5. The dividend yield of Campbell Soup Company stocks is 3.3%. Campbell Soup Company had an annual average earning growth of 3% over the past 10 years.

On November 23, Campbell Soup Company reported results for the first fiscal quarter of 2011. Net earnings for the quarter ended Oct. 31, 2010, were $279 million, or $0.82 per share, compared with $304 million, or $0.87 per share, in the prior year. Gross margin was 41.2 percent, compared with 41.9 percent a year ago.

Campbell Soup Company is in the portfolios of John Hussman, Mason Hawkins, Tom Gayner, Arnold Van Den Berg, Mark Hillman, and Mario Gabelli.

Last month, Buy: Director Archbold D Vanbeuren bought 3,949 shares of CPB stock. Sell: Director Charlotte C Weber and Sell: Director, 10% Owner Bennett Dorrance sold shares that month.

General American Investors Company Inc. (GAM): Director Daniel Neidich Bought 9,700 Shares

Director of General American Investors Company Inc., Daniel Neidich, bought 9,700 shares during the past week at an average price of $26.66.

General American Investors is a closed-end, diversified management investment company whose investment objective is long-term capital appreciation through investment in companies with above average growth potential. General American Investors Company Inc. has a market cap of $806.1 million; its shares were traded at around $26.66 . The dividend yield of General American Investors Company Inc. stocks is 1.2%.

This month, Buy: Director Daniel Neidich bought 5,000 shares of GAM stock.

Investors Real Estate Trust (NYSE:IRET): Director Patrick G Jones Bought 1,483 Shares

Director of Investors Real Estate Trust, Patrick G Jones, bought 1,483 shares on 1/05/2011 at an average price of $8.87.

Investors Real Estate Trust is a real estate investment trust operating in the Midwest. Investors Real Estate Trust has a market cap of $696.9 million; its shares were traded at around $8.87 with and P/S ratio of 2.8. The dividend yield of Investors Real Estate Trust stocks is 7.9%. Investors Real Estate Trust had an annual average earning growth of 1.1% over the past 10 years.

On December 10, Investors Real Estate Trust reported financial and operating results today for the quarter and year-to-date ended October 31, 2010. During the three month period ended October 31, 2010, IRET’s revenues increased from the year-earlier period. Net income increased from the year-earlier period, primarily due to a gain on sale of discontinued operations in the three month period ended October 31, 2010 compared to the three month period ended October 31, 2009.

Last week, Buy: Director Stephen Stenehjem, Buy: Director W David Scott, Buy: Director John T Reed, Buy: Director Charles W Morgan, and Buy: Director Patrick G Jones bought shares of IRET stock.

Cogent Communications Group Inc. Cogent (NASDAQ:CCOI): Director Marc Montagner Bought 5,500 Shares

Director of Cogent Communications Group Inc. Cogent, Marc Montagner, bought 5,500 shares on 1/06/2011 at an average price of $13.74.

Cogent Communications Group, Inc. is a facilities-based Internet service provider providing high-speed Internet access to businesses. Cogent Communications Group Inc. Cogent has a market cap of $629.3 million; its shares were traded at around $13.74 with and P/S ratio of 2.7.

On November 4, Cogent Communications Group Inc. announced service revenue of $66.8 million for the three months ended September 30, 2010, an increase of 3.7% over $64.4 million for the three months ended June 30, 2010, and an increase of 10.9% over $60.2 million for the three months ended September 30, 2009. On-net revenue was $51.5 million for the three months ended September 30, 2010, an increase of 2.5% over $50.3 million for the three months ended June 30, 2010, and an increase of 7.2% over $48.1 million for the three months ended September 30, 2009.

Last week, Sell: VP, CFO & Treasurer Thaddeus Gerard Weed sold 1,666 shares of CCOI stock. Buy: Director Tim Weingarten, Buy: Director Marc Montagner, Buy: Director Richard Liebhaber, and Buy: Director Blake Bath bought shares that week.

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

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

» Take a Free Trial of Premium Membership


Rating: 3.7/5 (3 votes)

Comments

Please leave your comment:


GuruFocus Mobile App Available


Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK