Companies at 52-Week Highs: AAPL, HAL, SCHW, BSX, AVT
Apple Inc. (AAPL): Director Robert A/ Iger Bought 2,670 Shares
Director of Apple Inc., Robert A/ Iger, bought 2,670 shares on 11/29/2011 at an average price of $389.7. Apple Computer Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer and business customers. Apple Inc. has a market cap of $361.29 billion; its shares were traded at around $389.7 with a P/E ratio of 14.1 and P/S ratio of 3.3. Apple Inc. had an annual average earnings growth of 112.4% over the past 10 years.
On October 18, Apple Inc. announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3% compared to 36.9% in the year-ago quarter. International sales accounted for 63% of the quarter’s revenue.
Last week, Director Robert A. Iger bought 2,670 shares of AAPL stock. Senior Vice President Jeffrey E. Williams sold 3,000 shares this month. Director Andrea Jung, Senior Vice President Jeffrey E. Williams, and Director Arthur D. Levinson sold shares last month.
Halliburton Co. (HAL): Senior Vice President Tax Joseph F. Andolino Bought 2,000 Shares
Senior Vice President Tax of Halliburton Co., Joseph F. Andolino, bought 2,000 shares on 11/25/2011 at an average price of $36.58. Halliburton Company provides a variety of services, equipment, maintenance and engineering and construction to energy, industrial and governmental customers. Halliburton Co. has a market cap of $33.64 billion; its shares were traded at around $36.58 with a P/E ratio of 12.1 and P/S ratio of 1.9. The dividend yield of Halliburton Co. stocks is 1%. Halliburton Co. had an annual average earnings growth of 1.2% over the past five years.
On October 17, Halliburton announced that income from continuing operations for the third quarter of 2011 was $867 million, or $0.94 per diluted share, excluding a $19 million, after-tax, or $0.02 per diluted share, impairment charge on an asset held for sale in the Europe/Africa/CIS region. This compares to income from continuing operations for the second quarter of 2011 of $747 million, or $0.81 per diluted share, excluding employee separation costs of $8 million, after-tax, or $0.01 per diluted share.
Last week, Senior Vice President Tax Joseph F. Andolino bought 2,000 shares of HAL stock. Senior Vice President Chief Accounting Officer Evelyn M. Angelle sold 2,574 shares in September. Executive Vice President Administration and CHRO Lawrence J. Pope and Pres- Strategy and Corp Development Timothy J. Probert sold shares in August.
Charles Schwab Corp. (SCHW): Director Roger O. Walther Bought 1,500 Shares
Director of Charles Schwab Corp., Roger O. Walther, bought 1,500 shares on 11/29/2011 at an average price of $11.67. Charles Schwab Corp. provides a full-service investing experience to customers through a clicks and mortar multi-dimensional, five channel offering of the Internet, branch offices, speech recognition, touch-tone telephone, e-mail and wireless technologies, multilingual and international services, and direct access to professionals day or night. Charles Schwab Corp. has a market cap of $14.11 billion; its shares were traded at around $11.67 with a P/E ratio of 17.2 and P/S ratio of 3.4. The dividend yield of Charles Schwab Corp. stocks is 2%. Charles Schwab Corp. had an annual average earnings growth of 9.3% over the past 10 years.
On October 17, the Charles Schwab Corporation announced that its net income was $220 million for the third quarter of 2011, up 77% from $124 million for the year-earlier period. The company’s third quarter 2010 net income was $218 million prior to the inclusion of certain charges relating to its money market mutual funds and affinity credit card program. Net income for the nine months ended September 30, 2011 was $701 million, up 109% year-over-year.
Last week, Director Roger O. Walther bought 1,500 shares of SCHW stock. Executive Vice President and General Counsel Carrie E. Dwyer and Executive Vice President and CFO Joseph R. Martinetto sold shares in August.
Boston Scientific Corp. (BSX): Director Ernest Mario Bought 100,000 Shares
Director of Boston Scientific Corp., Ernest Mario, bought 100,000 shares on 11/28/2011 at an average price of $5.5. Boston Scientific Corporation is a worldwide developer, manufacturer and marketer of minimally invasive medical devices. Boston Scientific Corp. has a market cap of $8.42 billion; its shares were traded at around $5.5 with a P/E ratio of 9.3 and P/S ratio of 1.1. Boston Scientific Corp. had an annual average earnings growth of 3% over the past 10 years.
On October 20, Boston Scientific Corporation announced financial results for the third quarter ended September 30, 2011, Sales for the third quarter of 2011 were $1.874 billion, as compared to sales of $1.916 billion for the third quarter of 2010, a decrease of 2 percent. On a GAAP basis, net income for the third quarter of 2011 was $142 million, or $0.09 per share. On a GAAP basis, net income for the third quarter of 2010 was $190 million, or $0.12 per share.
Director Nj Nicholas Jr., Director Katharine T. Bartlett, and Director Ernest Mario bought shares in November.
Avnet Inc. (AVT): Director William H Schumann Bought 5,000 Shares
Director of Avnet Inc., William H. Schumann, bought 5,000 shares on 12/02/2011 at an average price of $30.01. Avnet Inc. is one of the world's largest industrial distributors of electronic components and computer products. Avnet Inc. has a market cap of $4.57 billion; its shares were traded at around $30.01 with a P/E ratio of 7 and P/S ratio of 0.2.
On October 27, Avnet Inc. announced results for the first quarter fiscal year 2012 ended October 1, 2011. Sales for the quarter ended October 1, 2011 increased 3.9% year over year to $6.43 billion; pro forma revenue was up 3.6% year over year and roughly flat in constant currency. Adjusted operating income of $223.1 million, or 3.5% of sales, was essentially flat with last year. Adjusted diluted earnings per share were $0.90, down 3.2% year over year, primarily due to higher than normal other expense of $5.4 million primarily related to foreign currency
Last week, Director William H. Schumann bought 5,000 shares of AVT stock. Senior Vice President Philip R. Gallagher, Senior Vice President Harley Feldberg, and Chief Global Logistics Officer Gerard Fay sold shares in November.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.