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Weekly Top Insider Buys: JPM, PM, GIS, FAST, HAS

July 31, 2011 | About:
gururk

gururk

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Weekly highlight of top insider buys: JP Morgan Chase (JPM), Philip Morris International (PM), General Mills Inc. (GIS), Fastenal Company (FAST) and Hasbro Inc. (HAS).

JP Morgan Chase & Co. (JPM): Director Stephen B. Burke Bought 25,000 Shares



Director of JP Morgan Chase & Co., Stephen B. Burke, bought 25,000 shares on July 22, 2011, at an average price of $40.45. JP Morgan Chase & Co. is a global financial services firm. JP Morgan Chase & Co. has a market cap of $160.74 billion; its shares were traded at around $40.45 with a P/E ratio of 8.6 and P/S ratio of 1.6. The dividend yield of JP Morgan Chase & Co. stocks is 2.4%.

On July 14, JP Morgan Chase & Co. reported second-quarter 2011 net income of $5.4 billion, compared with net income of $4.8 billion in the second quarter of 2010. Earnings per share were $1.27, compared with $1.09 in the second quarter of 2010.

JP Morgan Chase is in the portfolios of Charles Brandes, Jean-Marie Eveillard, Andreas Halvorsen, John Keeley, Kenneth Fisher, Robert Olstein, Bill Nygren, Richard Pzena, Dodge & Cox, NWA Managers, Brian Rogers, John Paulson, James Barrow, Richard Snow, Hotchkis & Wiley, Arnold Schneider, David Dreman, John Rogers, Ruane Cunniff, Steve Mandel, John Griffin, Ron Baron, George Soros, Lee Ainslie, and Mario Gabelli.

Last week, Director Stephen B. Burke bought 25,000 shares of JPM stock. This month, General Counsel Stephen M. Cutler and Executive Vice President Samuel Todd Maclin sold shares of JPM stock. Chief Administrative Officer Frank Bisignano sold 5,000 shares in May.

Philip Morris International (PM): Director Sergio Marchionne Bought 1,050 Shares



Director of Philip Morris International, Sergio Marchionne, bought 1,050 shares on July 25, 2011, at an average price of $71.17. Philip Morris International is the international tobacco company, with products sold in over 160 countries. Philip Morris International has a market cap of $126.57 billion; its shares were traded at around $71.17 with a P/E ratio of 16.3 and P/S ratio of 1.9. The dividend yield of Philip Morris International stocks is 3.6%.

On July 21, Philip Morris International reported results for the second quarter of 2011. Reported diluted earnings per share of $1.35, up by 26.2%, or by 14.0% excluding currency, versus $1.07 in 2010. Reported net revenues, excluding excise taxes, up by 17.2% to $8.3 billion, or by 10.2% excluding currency.

Philip Morris International is in the portfolios of Kenneth Fisher, David Winters, Tom Gayner, Ruane Cunniff, Dodge & Cox, Ronald Muhlenkamp, Tweedy Browne, James Barrow, David Dreman, Donald Yacktman, Jean-Marie Eveillard, Chris Davis, NWA managers, Joel Greenblatt, Hotchkis & Wiley.

Last week, Director Sergio Marchionne bought 1,050 shares of PM stock.

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 July 21, 2011, at an average price of $49.63. 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 $53.77 billion; its shares were traded at around $49.63 with a P/E ratio of 11.1 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, Leon Cooperman, Edward Owens, James Barrow, Donald Yacktman, David Dreman, Ronald Muhlenkamp, Richard Snow, David Tepper, John Hussman, and Mario Gabelli.

Last week, Director Rodger A. Lawson bought 1,000 shares of UNH stock. Executive Vice President, UnitedHealth Group Anthony Welters sold 21,025 shares this week. Director Richard T. Burke sold 10,000 shares in June and Director William C. Ballard Jr. sold 20,000 shares in May.

General Mills Inc. (GIS): Executive Vice President, General Counsel, Chief Comp & Risk Roderick A. Palmore Bought 4,013 Shares



Executive Vice President, General Counsel, Chief Comp & Risk of General Mills Inc. Roderick A. Palmore bought 4,013 shares on July 26, 2011, at an average price of $37.35. General Mills Inc. is one of the producers of packaged consumer foods and markets its products primarily through its own sales organizations, supported by advertising and other promotional activities. General Mills Inc. has a market cap of $23.84 billion; its shares were traded at around $37.35 with a P/E ratio of 15 and P/S ratio of 1.6. The dividend yield of General Mills Inc. stocks is 3.2%. General Mills Inc. had an annual average earnings growth of 8.2% over the past 10 years. GuruFocus rated General Mills Inc. the business predictability rank of 5-star.

On June 29, General Mills Inc. reported results for the fiscal year 2011. General Mills net sales in fiscal 2011 increased 2 percent to $14.9 billion. Net earnings grew 18 percent to $1.8 billion, including a net increase in mark-to-market valuation of certain commodity positions along with a net benefit from certain tax items. Diluted earnings per share grew 20 percent to $2.70. Earnings per share excluding the market-to-market effects and tax items would total $2.48.

General Mills Inc. is in the portfolios of Brian Rogers, Ruane Cunniff, Dodge & Cox, and Mario Gabelli.

This week, Executive Vice President, General Counsel, Chief Comp & Risk Roderick A Palmore bought 4,013 shares of GIS stock. In May, Executive Vice President, CFO Donal L. Mulligan, Senior Vice President, President, Consumer Food Sales Shawn P. Ogrady, Senior Vice President, Innovation, Tech & Quality Peter C. Erickson, Senior Vice President, Innovation, Tech & Quality Peter C. Erickson, and Executive Vice President, COO, International Christopher D. Oleary sold shares.

Fastenal Company (FAST): Executive Vice President James C. Jansen Bought 4,000 Shares



Executive Vice President of Fastenal Company James C. Jansen bought 4,000 shares during the past week at an average price of $33.65. Fastenal Company sells industrial and construction supplies grouped into eleven product lines. Fastenal Company has a market cap of $9.92 billion; its shares were traded at around $33.65 with a P/E ratio of 30.2 and P/S ratio of 4.4. 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 Companythe business predictability rank of 3.5-star.

On July 12, Fastenal Company reported the results of the quarter ended June 30, 2011. Net sales were $701,730 over $571,183 in 2010. Net earnings were $94,112 over $69,167 in 2010, an increase of 36.1%.

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): Global Chief Marketing Officer John Frascotti Bought 4,000 Shares



Global Chief Marketing Officer of Hasbro Inc. John Frascotti bought 4,000 shares on July 21, 2011, at an average price of $39.56. 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 $5.39 billion; its shares were traded at around $39.56 with a P/E ratio of 15 and P/S ratio of 1.4. The dividend yield of Hasbro Inc. stocks is 3%. 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. Second quarter 2011 net earnings were $0.33 per diluted share.

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

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

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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