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Weekly Top Insider Buys: UNH, AA, FAST, HAS, MEI

July 24, 2011 | About:
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gururk

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Weekly highlight of top insider buys: UnitedHealth Group Inc. (UNH), Alcoa Inc. (AA), Fastenal Company (FAST), Hasbro Inc. (HAS) and Methode Electronics Inc. (MEI).

UnitedHealth Group Inc. (UNH): Director Rodger A. Lawson Bought 2,000 Shares



Director of UnitedHealth Group Inc., Rodger A. Lawson, bought 2,000 shares on 7/21/2011 at an average price of $52.75. UnitedHealth Group Inc. offers health care coverage and related services to help people achieve improved health and well-being through all stages of life. UnitedHealth Group Inc. has a market cap of $57.15 billion; its shares were traded at around $52.75 with a P/E ratio of 12.2 and P/S ratio of 0.6. The dividend yield of UnitedHealth Group Inc. stocks is 1.3%. UnitedHealth Group Inc. had an annual average earnings growth of 19% over the past 10 years. GuruFocus rated UnitedHealth Group Inc. the business predictability rank of 4-star.

On July 19, UnitedHealth Group reported second quarter results, highlighted by continuing strong revenue growth from both its UnitedHealthcare and Optum businesses. Second-quarter 2011 net earnings were $1.16 per share, and all key performance metrics were again in line with or better than company expectations.

UnitedHealth Group Inc. is in the portfolios of Richard Pzena, George Soros, Edward Owens, James Barrow, Donald Yacktman, David Dreman, Ronald Muhlenkamp, Richard Snow, John Hussman, David Tepper, and Mario Gabelli.

This month, Director Rodger A. Lawson bought 1,000 shares of UNH stock. Director Richard T. Burke sold 10,000 shares in June, and Director William C. Ballard Jr. and Executive Vice President and Chief of Medical Affairs Reed Vaughn Tuckson sold shares in May.

Alcoa Inc. (AA): Director Ratan Tata Bought 1,208 Shares



Director of Alcoa Inc. Ratan Tata bought 1,208 shares on 7/14/2011 at an average price of $15.83. Alcoa Inc. is the world's producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa Inc. has a market cap of $16.8 billion; its shares were traded at around $15.83 with a P/E ratio of 17.7 and P/S ratio of 0.8. The dividend yield of Alcoa Inc. stocks is 0.8%.

On July 11, Alcoa Inc. reported second-quarter 2011 income from continuing operations jumped 138 percent compared to a year ago on growing revenue. Income from continuing operations was $326 million for second quarter 2011, or $0.28 per share. Excluding the negative impact for special items of $38 million, income from continuing operations was $364 million, or $0.32 per share.

Alcoa Inc. is in the portfolios of Kenneth Fisher, Mario Gabelli, Richard Snow, Dodge & Cox, and James Barrow.

Last week, Director Ratan Tata bought 1,208 shares of AA stock. Executive Vice President Helmut Wieser and Executive Vice President John G. Thuestad sold shares in May.

Fastenal Company (FAST): Executive Vice President James C. Jansen Bought 2,000 Shares



Executive Vice President of Fastenal Company James C Jansen bought 2,000 shares on 7/21/2011 at an average price of $34.25. Fastenal Company sells industrial and construction supplies grouped into 11 product lines. Fastenal Company has a market cap of $10.1 billion; its shares were traded at around $34.25 with a P/E ratio of 30.8 and P/S ratio of 4.5. The dividend yield of Fastenal Company stocks is 0.8%. Fastenal Company had an annual average earnings growth of 18.1% over the past 10 years. GuruFocus rated Fastenal Company the business predictability rank of 3.5-star.

On July 12, Fastenal Company reported results for the second quarter of 2011. Results are available at http://investor.fastenal.com/releasedetail.cfm?ReleaseID=590664.

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

Last week, Executive Vice President James C Jansen bought 2,000 shares of FAST stock. Executive Vice President Nicholas J. Lundquist bought 3,400 shares in May.

Hasbro Inc. (HAS): Senior Vice President and CFO Deborah Thomas Bought 5,000 Shares



Senior Vice President and CFO of Hasbro Inc. Deborah Thomas bought 5,000 shares on 7/20/2011 at an average price of $40.5. Hasbro Inc. is a worldwide leader in children's and family leisure time and entertainment products and services, including the design, manufacture and marketing of games and toys ranging from traditional to high-tech. Hasbro Inc. has a market cap of $5.52 billion; its shares were traded at around $40.5 with a P/E ratio of 15.6 and P/S ratio of 1.3. The dividend yield of Hasbro Inc. stocks is 2.9%. Hasbro Inc. had an annual average earnings growth of 6.9% over the past 10 years.

On July 18, Hasbro Inc. reported revenue and earnings growth for the second quarter 2011. The company reported 23% net revenues growth to $908.5 million compared to $737.8 million in the second quarter 2010. The company reported net earnings for the second quarter 2011 of $58.1 million or $0.42 per diluted share compared to $43.6 million or $0.29 per diluted share in 2010.

Hasbro Inc. is in the portfolios of David Williams and John Hussman.

This month, President & CEO Brian Goldner and Senior Vice President and CFO Deborah Thomas bought shares of HAS stock. Director Jack M. Greenberg sold 4,655 shares in May.

Methode Electronics Inc. (MEI): Director Stephen F. Gates Bought 4,500 Shares



Director of Methode Electronics Inc. Stephen F. Gate, bought 4,500 shares on 7/15/2011 at an average price of $11.21. Methode Electronics, Inc. manufactures component devices world-wide for Original Equipment Manufacturers of information processing and networking equipment, voice and data communications systems, consumer electronics, automobiles, aerospace vehicles and industrial equipment. Methode Electronics Inc. has a market cap of $414.2 million; its shares were traded at around $11.21 with a P/E ratio of 20.3 and P/S ratio of 0.9. The dividend yield of Methode Electronics Inc. stocks is 2.5%.

Methode Electronics Inc. is in the portfolios of John Keeley, James Barrow, and Mario Gabelli.

On June 30, Methode Electronics Inc. announced financial results for the Fiscal 2011 fourth quarter and year ended April 30, 2011. Methode's fourth-quarter fiscal 2011 net sales increased $22.8 million, or 23.6 percent, to $119.4 million from $96.6 million in the fourth quarter of fiscal 2010. Translation of foreign currency decreased net sales $0.8 million, or 0.6 percent, in the year-over-year comparison.

This month, CEO Donald W Duda, CFO Douglas A Koman, Director Stephen F. Gates, Senior Vice President Worldwide Automotive Thomas D. Reynolds, VP&GM NA Automotive Timothy Glandon, Controller & Treasurer Ronald L.G. Tsoumas, and Director Paul G. Shelton bought shares of MEI stock.

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.

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