Weekly top insider buys: CAT, DELL, DOV, FAST, TSN

Author's Avatar
Feb 14, 2011
Weekly highlight of top insider buys: Caterpillar Inc. (CAT, Financial), Dell Inc. (DELL, Financial), Dover Corp. (DOV, Financial), Fastenal Company (FAST, Financial),and Tyson Foods Inc. (TSN, Financial).



Caterpillar Inc. (CAT): Director Jesse J Jr Greene Bought 2,000 Shares

Director of Caterpillar Inc., Jesse J Jr Greene, bought 2,000 shares on 02/04/2011 at an average price of $103.54.

Caterpillar Inc is the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. Caterpillar Inc. has a market cap of $63.14 billion; its shares were traded at around $103.54 with a P/E ratio of 23.8 and P/S ratio of 1.4. The dividend yield of Caterpillar Inc. stocks is 1.7%. Caterpillar Inc. had an annual average earning growth of 11% over the past 10 years.

On January 27, Caterpillar Inc. announced sales and revenues of $42.588 billion for 2010, an increase of 31 percent from $32.396 billion in 2009. Profit in 2010 was $2.700 billion, an increase of 202 percent from 2009 profit of $895 million. Profit per share of $4.15 was up from $1.43 in 2009. Excluding redundancy costs, profit per share in 2009 was $2.18. Fourth-quarter sales and revenues were $12.807 billion, an increase of 62 percent compared with $7.898 billion in the fourth quarter of 2009. Fourth-quarter profit of $968 million was 317 percent higher than profit of $232 million in the fourth quarter of 2009. Profit per share of $1.47 was up from $0.36 per share in the fourth quarter of 2009. Excluding redundancy costs, profit for the fourth quarter of 2009 was $0.41 per share.

Caterpillar Inc. is in the portfolios of Mario Gabelli, Tom Gayner, Bill Gates, Kenneth Fisher, Ruane Cunnif, PRIMECAP Management, and Dodge & Cox.

This month, Buy: Director Jesse J Jr Greene and Buy: Director Miles D White bought shares of CAT stock and Sell: Group President Richard P Lavin, Sell: Director Joshua I Smith, and Sell: Director John R Brazil sold shares.

Dell Inc. (DELL): Director James Breyer Bought 20,000 Shares

Director of Dell Inc., James Breyer, bought 20,000 shares on 2/09/2011 at an average price of $13.97.

Dell Inc. is a premier provider of products and services required for customers worldwide to build their information-technology and Internet infrastructures. Dell Inc. has a market cap of $25.53 billion; its shares were traded at around $13.97 with a P/E ratio of 9.8 and P/S ratio of 0.5. Dell Inc. had an annual average earning growth of 4.1% over the past 10 years.

On November 18, Dell Inc. reported results for the third quarter of 2010. GAAP operating income was $1.02 billion and record earnings per share of 42 cents. On a non-GAAP basis, operating income was $1.17 billion, or 45 cents per share. The robust profit results came on a 19 percent increase in revenue to $15.4 billion, as commercial and enterprise sectors continue to be solid. Year to date, the company’s revenue has grown 21 percent to $45.8 billion.

Dell Inc. is in the portfolios of Lee Ainslie, Richard Perry, bill nygren, John Rogers, Glenn Greenberg, Arnold Schneider, Richard Pzena, John Hussman, Donald Yacktman, Richard Perry, Prem Watsa, Jean-Marie Eveillard, Charles Brandes, Arnold Van Den Berg, Brian Rogers, Wallace Weitz, PRIMECAP Management, and George Soros.

This month, Buy: Director James Breyer bought 20,000 shares of DELL stock. Buy: Director Samuel A Nunn bought 16,090 shares in September. Sell: Senior Vice President Brian T Gladden and Buy: Chairman and CEO, 10% Owner Michael S Dell sold shares in December.



Dover Corp. (DOV): Director Stephen M. Todd Bought 1,500 Shares

Director of Dover Corp., Stephen M. Todd, bought 1,500 shares on 2/03/2011 at an average price of $66.64.

Dover Corporation is a world-wide, diversified manufacturer of industrial products. Dover Corp. has a market cap of $11.85 billion; its shares were traded at around $66.64 with a P/E ratio of 18.2 and P/S ratio of 2. The dividend yield of Dover Corp. stocks is 1.8%. Dover Corp. had an annual average earning growth of 9.1% over the past 10 years.

On Jan. 28, Dover Corporation announced that for the fourth quarter ended December 31, 2010, revenue was $1.9 billion, an increase of 24% over the prior year period. The revenue increase was driven by organic growth of 23%, a 2% increase from acquisitions, and a 1% unfavorable impact from foreign exchange. Earnings from continuing operations for the fourth quarter of 2010 were $191.8 million or $1.01 diluted earnings per share ("EPS"), compared to $102.4 million or $0.55 diluted EPS from continuing operations in the prior-year period, representing increases of 87% and 85%, respectively.

Dover Corp. is in the portfolios of John Keeley, George Soros, Kenneth Fisher, and James Barrow.

In February, Buy: Director Stephen M. Todd, Sell: Director Michael B Stubbs, and Sell: Vice President Loan David Van sold shares of DOV stock. Sell: Director Peter T Francis sold 21,900 shares in February.



Fastenal Company (FAST): Director Scott Satterlee Bought 2,000 Shares

Director of Fastenal Company, Scott Satterlee, bought 2,000 shares on 2/11/2011 at an average price of $63.36.

Fastenal Company sells industrial and construction supplies grouped into eleven product lines. Fastenal Company has a market cap of $8.76 billion; its shares were traded at around $63.36 with a P/E ratio of 33.1 and P/S ratio of 3.8. The dividend yield of Fastenal Company stocks is 1.4%. Fastenal Company had an annual average earning growth of 17.4% over the past 10 years. GuruFocus rated Fastenal Company the business predictability rank of 5-star.

Fastenal Company is in the portfolios of Ruane Cunniff and Ron Baron.

This month, Buy: Director Scott Satterlee bought 2,000 shares of FAST stock. Buy: Director Michael J Ancius bought shares in January. Sell: Director Reyne K Wisecup sold 5,000 shares in January, and Sell: Director Stephen M Slaggie sold 30,000 shares in December.

Tyson Foods Inc. (TSN): Director Robert C. Thurber Bought 5,000 Shares

Director of Tyson Foods Inc., Robert C. Thurber, bought 5,000 shares on 2/08/2011 at an average price of $18.49.

Tyson Foods, Inc. is the world's largest fully-integrated producer, processor and marketer of chicken and poultry-based food products. Tyson Foods Inc. has a market cap of $6.22 billion; its shares were traded at around $18.49 with a P/E ratio of 7.4 and P/S ratio of 0.2. The dividend yield of Tyson Foods Inc. stocks is 1%.

On November 22, Tyson Foods Inc. reported results for the fourth quarter of 2010. EPS was $0.57 compared to $1.23 last year. Overall operating margin 5.3% in the fourth quarter. Chicken operating income was $141 million; beef operating income was #121 million, and pork operating income was #125 million.

Tyson Foods Inc. is in the portfolios of Chris Davis, and Mario Gabelli.

In February, Buy: Director Robert C. Thurber bought and Sell: Director John H Tyson sold shares of TSN stock. In December, Sell: Sr Grp VP Poultry & Prepared F Donnie King, Sell: Director Barbara Tyson, Sell: Sr.Group V.P. Poultry & Prepar Donnie King, and Sell: Executive VP & CFO Dennis Leatherby sold shares.