Weekly highlight of top insider buys: JP Morgan Chase (JPM, Financial), Schlumberger Ltd. (SLB, Financial), Kraft Foods Inc. (KFT, Financial), U.S. Bancorp (USB, Financial), and eBay Inc. (EBAY, Financial).
Director of JP Morgan Chase, Laban Jackson, bought 1,292 shares on 8/09/2011 at an average price of $36.69. JP Morgan Chase is a global financial services firm. JP Morgan Chase has a market cap of $144.57 billion; its shares were traded at around $36.69 with a P/E ratio of 7.8 and P/S ratio of 1.4. The dividend yield of JP Morgan Chase stocks is 2.8%.
On July 14, JP Morgan Chase 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 Ken Heebner, Charles Brandes, Jean-Marie Eveillard, Andreas Halvorsen, John Keeley, Arnold Schneider, Kenneth Fisher, Bill Nygren, Richard Pzena, Robert Olstein, Leon Cooperman, James Barrow, David Williams, John Paulson, David Dreman, John Rogers, Chris Davis, Mark Hillman, John Griffin, Ron Baron, Lee Ainslie, George Soros, and Steve Mandel.
Last week, Director Laban Jackson bought 1,292 shares of JPM stock. Director Stephen B. Burke bought 25,000 shares in July. General Counsel Stephen M. Cutler and Executive Vice President Samuel Todd Maclin sold shares in July.
Director of Schlumberger Ltd., Michael E. Marks, bought 2,700 shares on 8/11/2011 at an average price of $77.53. Schlumberger Limited is a global technology services company consisting of two business segments, Schlumberger Oilfield Services and SchlumbergerSema. Schlumberger Ltd. has a market cap of $105.32 billion; its shares were traded at around $77.53 with a P/E ratio of 24.9 and P/S ratio of 3.8. The dividend yield of Schlumberger Ltd. stocks is 1.3%. Schlumberger Ltd. had an annual average earnings growth of 6.3% over the past 5 years.
On July 22, Schlumberger Limited today reported second-quarter 2011 revenue of $9.62 billion versus $8.72 billion in the first quarter of 2011, and $5.94 billion in the second quarter of 2010. Income from continuing operations attributable to Schlumberger, excluding charges, was $1.18 billion — an increase of 22% sequentially and 45% year-on-year. Diluted earnings-per-share from continuing operations, excluding charges, was $0.87 versus $0.71 in the previous quarter, and $0.68 in the second quarter of 2010.
Schlumberger Ltd. is in the portfolios of George Soros, Jean-Marie Eveillard, Kenneth Fisher, Brian Rogers, Mario Gabelli, Tom Gayner, Chris Davis, PRIMECAP Management, Steve Mandel, and Ken Heebner.
Last week, Director Michael E. Marks bought 2,700 shares of SLB stock. Secretary and General Counsel Alexander C. Juden sold 15,087 shares in July.
Director of Kraft Foods Inc. Fredric G. Reynolds bought 30,000 shares on 8/09/2011 at an average price of $34.1. Kraft Foods Inc. is the largest branded food and beverage company headquartered in the U.S. Kraft Foods Inc. has a market cap of $61.88 billion; its shares were traded at around $34.1 with a P/E ratio of 17.1 and P/S ratio of 1.2. The dividend yield of Kraft Foods Inc. stocks is 3.3%. Kraft Foods Inc. had an annual average earnings growth of 2.3% over the past 5 years.
On August 4, Kraft Foods Inc. reported strong second-quarter revenue growth in each geography. Net revenues for the second quarter were $13.9 billion, up 13.3 percent, including a 2.1 percentage point benefit from accounting calendar changes.
Kraft Foods Inc. is in the portfolios of Hotchkis & Wiley, Charles Brandes, Bill Ackman, Richard Aster Jr, John Keeley, Tweedy Browne, Warren Buffett, Whitney Tilson, Prem Watsa, Dodge & Cox, Ruane Cunniff, Mario Gabelli, and George Soros.
Last week, Director Fredric G. Reynolds bought 30,000 shares of KFT stock. Executive Vice President & President Kraft Europe Michael A. Clarke sold 80,011 shares this month.
Vice Chairman of U.S. Bancorp Terrance R. Dolan bought 5,000 shares on 8/08/2011 at an average price of $22.44. U.S. Bancorp is a financial services holding company. U.S. Bancorp has a market cap of $42.46 billion; its shares were traded at around $22.44 with a P/E ratio of 10.9 and P/S ratio of 2.1. The dividend yield of U.s. Bancorp stocks is 2.3%. U.S. Bancorp had an annual average earnings growth of 1.6% over the past 10 years.
On July 20, U.S. Bancorp reported net income of $1,203 million for the second quarter of 2011, or 60 cents per diluted common share. Earnings for the second quarter of 2011 were driven by year-over-year growth in total net revenue and a reduction in the provision for credit losses.:
U.S. Bancorp is in the portfolios of Steve Mandel, Donald Yacktman, Andreas Halvorsen, Kenneth Fisher, Brian Rogers, Tweedy Browne, Wallace Weitz, Prem Watsa, Ruane Cunniff, Warren Buffett, David Dreman, Mario Gabelli, Dodge & Cox, Chris Davis, Glen Greenberg, and Jean-Marie Eveillard.
Last week, Vice Chairman Terrance R. Dolan bought 5,000 shares of USB stock. Executive Vice President and Chief Credit Officer P.W. Parker and Executive Vice President, General Counsel, and Secretary Lee R. Mitau sold shares in July. Vice Chairman Pamela A. Joseph sold 106,700 shares in May.
Senior Vice President Finance & CFO of eBay Inc. Robert Holmes Swan bought 3,380 shares on 8/10/2011 at an average price of $30.2. eBay is one of the world's largest online trading communities. Ebay Inc. has a market cap of $38.23 billion; its shares were traded at around $30.2 with a P/E ratio of 18.4 and P/S ratio of 4.1. eBay Inc. had an annual average earnings growth of 27.3% over the past 10 years. GuruFocus rated eBay Inc. the business predictability rank of 2-star.
On July 20, eBay Inc. reported that revenue for the second quarter ended June 30, 2011, increased 25% to $2.8 billion, compared to the same period of 2010. The company recorded second quarter net income on a GAAP basis of $283.4 million, or $0.22 per diluted share, and non-GAAP net income of $630.9 million, or $0.48 per diluted share. In the second quarter GAAP net income decreased year over year compared to the second quarter of 2010 due to charges related to the GSI Commerce (GSI) transaction. The year-over-year increase in second quarter non-GAAP earnings per diluted share was driven by solid top-line growth and productivity.
eBay Inc. is in the portfolios of Leon Cooperman, John Griffin, George Soros, Mario Gabellik John Hussman, Ruane Cunniff, Bill Nygren, Daniel Loeb, Michael Price, PRIMECAP Management, Donald Yacktman, Richard Aster Jr, and Michael Price.
Last week, Senior Vice President Finance & CFO Robert Holmes Swan bought 3,380 shares of EBAY stock. In July, President, CEO & Director John J. Donahoe, and Senior Vice President Legal Affairs, GC & Secretary Michael R. Jacobson sold shares of EBAY stock. Senior Vice President Legal Affairs, GC & Secretary Michael R. Jacobson sold 70,000 shares in June.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
JP Morgan Chase (JPM): Director Laban Jackson Bought 1,292 Shares
Director of JP Morgan Chase, Laban Jackson, bought 1,292 shares on 8/09/2011 at an average price of $36.69. JP Morgan Chase is a global financial services firm. JP Morgan Chase has a market cap of $144.57 billion; its shares were traded at around $36.69 with a P/E ratio of 7.8 and P/S ratio of 1.4. The dividend yield of JP Morgan Chase stocks is 2.8%.
On July 14, JP Morgan Chase 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 Ken Heebner, Charles Brandes, Jean-Marie Eveillard, Andreas Halvorsen, John Keeley, Arnold Schneider, Kenneth Fisher, Bill Nygren, Richard Pzena, Robert Olstein, Leon Cooperman, James Barrow, David Williams, John Paulson, David Dreman, John Rogers, Chris Davis, Mark Hillman, John Griffin, Ron Baron, Lee Ainslie, George Soros, and Steve Mandel.
Last week, Director Laban Jackson bought 1,292 shares of JPM stock. Director Stephen B. Burke bought 25,000 shares in July. General Counsel Stephen M. Cutler and Executive Vice President Samuel Todd Maclin sold shares in July.
Schlumberger Ltd. (SLB): Director Michael E. Marks Bought 2,700 Shares
Director of Schlumberger Ltd., Michael E. Marks, bought 2,700 shares on 8/11/2011 at an average price of $77.53. Schlumberger Limited is a global technology services company consisting of two business segments, Schlumberger Oilfield Services and SchlumbergerSema. Schlumberger Ltd. has a market cap of $105.32 billion; its shares were traded at around $77.53 with a P/E ratio of 24.9 and P/S ratio of 3.8. The dividend yield of Schlumberger Ltd. stocks is 1.3%. Schlumberger Ltd. had an annual average earnings growth of 6.3% over the past 5 years.
On July 22, Schlumberger Limited today reported second-quarter 2011 revenue of $9.62 billion versus $8.72 billion in the first quarter of 2011, and $5.94 billion in the second quarter of 2010. Income from continuing operations attributable to Schlumberger, excluding charges, was $1.18 billion — an increase of 22% sequentially and 45% year-on-year. Diluted earnings-per-share from continuing operations, excluding charges, was $0.87 versus $0.71 in the previous quarter, and $0.68 in the second quarter of 2010.
Schlumberger Ltd. is in the portfolios of George Soros, Jean-Marie Eveillard, Kenneth Fisher, Brian Rogers, Mario Gabelli, Tom Gayner, Chris Davis, PRIMECAP Management, Steve Mandel, and Ken Heebner.
Last week, Director Michael E. Marks bought 2,700 shares of SLB stock. Secretary and General Counsel Alexander C. Juden sold 15,087 shares in July.
Kraft Foods Inc. (KFT): Director Fredric G. Reynolds Bought 30,000 Shares
Director of Kraft Foods Inc. Fredric G. Reynolds bought 30,000 shares on 8/09/2011 at an average price of $34.1. Kraft Foods Inc. is the largest branded food and beverage company headquartered in the U.S. Kraft Foods Inc. has a market cap of $61.88 billion; its shares were traded at around $34.1 with a P/E ratio of 17.1 and P/S ratio of 1.2. The dividend yield of Kraft Foods Inc. stocks is 3.3%. Kraft Foods Inc. had an annual average earnings growth of 2.3% over the past 5 years.
On August 4, Kraft Foods Inc. reported strong second-quarter revenue growth in each geography. Net revenues for the second quarter were $13.9 billion, up 13.3 percent, including a 2.1 percentage point benefit from accounting calendar changes.
Kraft Foods Inc. is in the portfolios of Hotchkis & Wiley, Charles Brandes, Bill Ackman, Richard Aster Jr, John Keeley, Tweedy Browne, Warren Buffett, Whitney Tilson, Prem Watsa, Dodge & Cox, Ruane Cunniff, Mario Gabelli, and George Soros.
Last week, Director Fredric G. Reynolds bought 30,000 shares of KFT stock. Executive Vice President & President Kraft Europe Michael A. Clarke sold 80,011 shares this month.
U.S. Bancorp (USB): Vice Chairman Terrance R. Dolan Bought 5,000 Shares
Vice Chairman of U.S. Bancorp Terrance R. Dolan bought 5,000 shares on 8/08/2011 at an average price of $22.44. U.S. Bancorp is a financial services holding company. U.S. Bancorp has a market cap of $42.46 billion; its shares were traded at around $22.44 with a P/E ratio of 10.9 and P/S ratio of 2.1. The dividend yield of U.s. Bancorp stocks is 2.3%. U.S. Bancorp had an annual average earnings growth of 1.6% over the past 10 years.
On July 20, U.S. Bancorp reported net income of $1,203 million for the second quarter of 2011, or 60 cents per diluted common share. Earnings for the second quarter of 2011 were driven by year-over-year growth in total net revenue and a reduction in the provision for credit losses.:
U.S. Bancorp is in the portfolios of Steve Mandel, Donald Yacktman, Andreas Halvorsen, Kenneth Fisher, Brian Rogers, Tweedy Browne, Wallace Weitz, Prem Watsa, Ruane Cunniff, Warren Buffett, David Dreman, Mario Gabelli, Dodge & Cox, Chris Davis, Glen Greenberg, and Jean-Marie Eveillard.
Last week, Vice Chairman Terrance R. Dolan bought 5,000 shares of USB stock. Executive Vice President and Chief Credit Officer P.W. Parker and Executive Vice President, General Counsel, and Secretary Lee R. Mitau sold shares in July. Vice Chairman Pamela A. Joseph sold 106,700 shares in May.
eBay Inc. (EBAY): Senior Vice President Finance & CFO Robert Holmes Swan Bought 3,380 Shares
Senior Vice President Finance & CFO of eBay Inc. Robert Holmes Swan bought 3,380 shares on 8/10/2011 at an average price of $30.2. eBay is one of the world's largest online trading communities. Ebay Inc. has a market cap of $38.23 billion; its shares were traded at around $30.2 with a P/E ratio of 18.4 and P/S ratio of 4.1. eBay Inc. had an annual average earnings growth of 27.3% over the past 10 years. GuruFocus rated eBay Inc. the business predictability rank of 2-star.
On July 20, eBay Inc. reported that revenue for the second quarter ended June 30, 2011, increased 25% to $2.8 billion, compared to the same period of 2010. The company recorded second quarter net income on a GAAP basis of $283.4 million, or $0.22 per diluted share, and non-GAAP net income of $630.9 million, or $0.48 per diluted share. In the second quarter GAAP net income decreased year over year compared to the second quarter of 2010 due to charges related to the GSI Commerce (GSI) transaction. The year-over-year increase in second quarter non-GAAP earnings per diluted share was driven by solid top-line growth and productivity.
eBay Inc. is in the portfolios of Leon Cooperman, John Griffin, George Soros, Mario Gabellik John Hussman, Ruane Cunniff, Bill Nygren, Daniel Loeb, Michael Price, PRIMECAP Management, Donald Yacktman, Richard Aster Jr, and Michael Price.
Last week, Senior Vice President Finance & CFO Robert Holmes Swan bought 3,380 shares of EBAY stock. In July, President, CEO & Director John J. Donahoe, and Senior Vice President Legal Affairs, GC & Secretary Michael R. Jacobson sold shares of EBAY stock. Senior Vice President Legal Affairs, GC & Secretary Michael R. Jacobson sold 70,000 shares in June.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
