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Weekly Top Insider Buys: AIG, HON, VRX, GMCR, WIN

November 20, 2011 | About:
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gururk

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Weekly highlight of top insider buys: American International Group Inc. (AIG), Honeywell International Inc. (HON), Valeant Pharmaceuticals International Inc. (VRX), Green Mountain Coffee Roasters Inc. (GMCR), and Windstream Corp. (WIN).

American International Group Inc. (AIG): Director Donald H. Layton Bought 10,000 Shares



Director of American International Group Inc., Donald H. Layton, bought 10,000 shares on 11/17/2011 at an average price of $21.88. American International Group Inc., world leaders in insurance and financial services, is the international insurance organization with operations in more than 130 countries and jurisdictions. American International Group Inc. has a market cap of $41.53 billion; its shares were traded at around $21.88 with and P/S ratio of 0.62.

On November 3, American International Group Inc. reported a net loss attributable to AIG of $4.1 billion and an after-tax operating loss of $3.0 billion for the quarter ended Sept. 30, 2011, compared with a net loss of $2.5 billion and an after-tax operating loss of $114 million for the third quarter of 2010.

This month, Director Donald H. Layton and Director Morris Offit bought shares of AIG stock. Executive Vice President Brian T. Schreiber sold shares in August.

Honeywell International Inc. (HON): Director Kevin Burke Bought 2,000 Shares

Director of Honeywell International Inc., Kevin Burke, bought 2,000 shares on 11/15/2011 at an average price of $52.75. Honeywell International is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control technologies for buildings, homes and industry, automotive products, power generation systems, specialty chemicals, fibers, plastics and electronic and advanced materials. Honeywell International Inc. has a market cap of $41.27 billion; its shares were traded at around $52.75 with a P/E ratio of 15.29 and P/S ratio of 1.24. The dividend yield of Honeywell International Inc. stocks is 2.82%. Honeywell International Inc. had an annual average earnings growth of 26% over the past 10 years. GuruFocus rated Honeywell International Inc. the business predictability rank of 2-star.

On October 21, Honeywell announced that third quarter 2011 sales were up 14% to $9.3 billion versus $8.1 billion in 3Q10.

This month, President and CEO, SM Andreas Kramvis, President & CEO, ACS Roger Fradin, Sr. VP, HR & Communications Mark R. James, and Chairman & CEO David M. Cote sold shares of HON stock. In October, President and CEO, Aerospace Timothy O. Mahoney and President and CEO, SM Andreas Kramvis sold shares. Director Kevin Burke bought 2,000 shares in November. Director Jaime Chico /fa Pardo, Director D. Scott Davis, and Director Judd A. Gregg bought shares in August.

Valeant Pharmaceuticals International Inc. (VRX): Executive Vice President Administration and CHCO Brian M. Stolz Bought 2,400 Shares

Executive Vice President Administration and CHCO of Valeant Pharmaceuticals International Inc., Brian M. Stolz, bought 2,400 shares on 11/17/2011 at an average price of $42.48. Valeant Pharmaceuticals International, Inc. is a pharmaceutical company that develops, manufactures and markets a broad range of pharmaceutical products primarily in the areas of neurology, dermatology and branded generics. Valeant Pharmaceuticals International Inc. has a market cap of $12.75 billion; its shares were traded at around $42.48 with a P/E ratio of 18.55 and P/S ratio of 10.8.

On November 3, Valeant Pharmaceuticals International Inc. announced that total revenue was $600.6 million in the third quarter of 2011 as compared to $208.3 million in the third quarter of 2010. The company reported net income of $40.9 million for the third quarter of 2011, or $0.13 per diluted share. On a cash EPS basis, income was $212.1 million, or$0.66 per diluted share.

Last week, Executive Vice President Administration and CHCO Brian M. Stolz bought shares of VRX stock. Director Ronald Harold Farmer bought 1,000 shares in September. Executive Vice President Administration and CHCO Brian M. Stolz and CEO J. Michael Pearson bought shares in August.

Green Mountain Coffee Roasters Inc. (GMCR): Director Douglas N. Daft Bought 4,000 Shares

Director of Green Mountain Coffee Roasters Inc., Douglas N. Daft, bought 4,000 shares on 11/17/2011 at an average price of $50.45. Green Mountain Coffee Roasters engages in the production and marketing of award-winning coffees, innovative brewing technology and gourmet single-cup brewing systems. Green Mountain Coffee Roasters Inc. has a market cap of $7.72 billion; its shares were traded at around $50.45 with a P/E ratio of 31.14 and P/S ratio of 2.91. Green Mountain Coffee Roasters Inc. had an annual average earnings growth of 36.8% over the past 10 years. GuruFocus rated Green Mountain Coffee Roasters Inc. the business predictability rank of 2.5-star.

On July 27, Green Mountain Coffee Roasters Inc. announced that net sales for the third quarter of fiscal 2011 increased 127% to $717.2 million as compared to $316.6 million for the third quarter of fiscal 2010. Net income for the third quarter of fiscal 2011 totaled $56.3 million, or $0.37 per diluted share, representing an increase of 206% as compared to GAAP net income of $18.4 million, or $0.13 per diluted share, for the third quarter of fiscal 2010.

CEO Lawrence J. Blanford sold 45,000 shares of GMCR stock on 09/20/2011 at the average price of $111.43. Lawrence J. Blanford owns at least 61,751 shares after this. The price of the stock has decreased by 54.72% since.

This month, Director Douglas N Daft bought 4,000 shares of GMCR stock. In August, Director Vecchio Jules A. Del, Director Hinda Miller, CEO Lawrence J. Blanford, and CFO Frances G. Rathke sold shares.

Windstream Corp. (WIN): Chairman Dennis Foster Bought 19,800 Shares

Chairman of Windstream Corp., Dennis Foster, bought 19,800 shares during the past week at an average price of $11.64. Windstream Corp. operates as a communications and technology provider. Windstream Corp. has a market cap of $5.94 billion; its shares were traded at around $11.64 with a P/E ratio of 15.52 and P/S ratio of 1.6. The dividend yield of Windstream Corp. stocks is 8.59%. Windstream Corp. had an annual average earnings growth of 0.6% over the past 5 years.

On November 4, Windstream Corp. reported that results for the third quarter of 2011. Revenues were $1.023 billion, a 6% increase from a year ago. Operating income was $267 million, a decrease of 1% year-over-year. Net income was $72 million, a 16% decrease from a year ago, or 14 cents of diluted earnings per share.

Last week, Chairman Dennis Foster bought 2,800 shares of WIN stock. Executive Vice President Network Operations W. Grant Raney and Director, President & CEO Jeffery R. Gardner bought shares in August.

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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