Weekly Top Insider Buys: AA, OI, EVEP, AYI, ATU

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Apr 16, 2012
According to GuruFocus Insider Data, these are the largest insider buys during the past week: Alcoa Inc. (AA, Financial), Owens-Illinois Inc. (OI, Financial), EV Energy Partners L.P. (EVEP, Financial), Acuity Brands Inc. (AYI, Financial) and Actuant Corp. (ATU, Financial).


The overall trend of insiders is illustrated in the chart below:


Alcoa Inc. (AA): Director Ratan Tata Bought 1,830 Shares



Director of Alcoa Inc., Ratan Tata, bought 1,830 shares on 4/12/2012 at an average price of $9.88. 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 $10.28 billion; its shares were traded at around $9.88 with a P/E ratio of 13.6 and P/S ratio of 0.4. The dividend yield of Alcoa Inc. stocks is 1.3%.


On April 10, Alcoa Inc. reported income from continuing operations of $94 million, or $0.09 per share, in first quarter 2012, a $287 million improvement over fourth quarter 2011, led by strong productivity growth and improved market conditions. First quarter 2012 income from continuing operations compares to fourth quarter 2011 loss from continuing operations of $193 million, or $0.18 per share, and first quarter 2011 income from continuing operations of $309 million, or $0.27 per share.


Last week, Director Ratan Tata bought 1,830 shares of AA stock. Executive Vice President Helmut Wieser sold 40,000 shares of AA stock in November.


Owens-Illinois Inc. (OI): Director Helge H. Wehmeier Bought 1,038 Shares



Director of Owens-Illinois Inc., Helge H. Wehmeier, bought 1,038 shares on 4/09/2012 at an average price of $23.7. Owens-Illinois Inc. is one of the largest manufacturers of glass containers in North America, South America, Australia, New Zealand and China, and one of the largest in Europe. Owens-Illinois Inc. has a market cap of $3.71 billion; its shares were traded at around $23.7 with a P/E ratio of 9.5 and P/S ratio of 0.5.


On January 25, Owens-Illinois Inc. reported results for the fourth quarter of 2011. Fourth quarter net sales from continuing operations were $1.818 billion in 2011, up from $1.728 billion in the prior year fourth quarter, as tonnes shipped increased by more than 4% year-over-year. OI reported fourth quarter 2011 segment operating profit of $201 million, down from $221 million in the prior year, primarily due to the impact of cost inflation.


Last week, Director David H. Y. Ho and Director Helge H. Wehmeier bought shares of OI stock. Senior Vice President and General Counsel James W. Baehren and Senior Vice President and CFO Edward C. White sold 24,717 shares in March.


EV Energy Partners LP (EVEP): Executive Chairman of the Board John B. Walker Bought 2,000 Shares



Executive Chairman of the Board of EV Energy Partners LP, John B. Walker, bought 2,000 shares on 4/12/2012 at an average price of $64.27. EV Energy Partners LP is an upstream Master Limited Partnership focused on acquiring and operating oil and gas properties within the continental United States. EV Energy Partners LP has a market cap of $2.59 billion; its shares were traded at around $64.27 with a P/E ratio of 28.4 and P/S ratio of 9.9. The dividend yield of EV Energy Partners LP stocks is 4.5%. EV Energy Partners LP had an annual average earnings growth of 18.3% over the past five years.


Last week, Exec Chairman of the Board John B Walker bought 2,000 shares of EVEP stock.


On February 29, EV Energy Partners L.P. reported results for the fourth quarter of 2011. Adjusted EBITDAX for the fourth quarter of 2011 was $54.5 million, a 31 percent increase over the fourth quarter of 2010 and a 4 percent increase over the third quarter of 2011. EVEP reported net income of $9.7 million, or $0.27 per basic and diluted weighted average limited partner unit outstanding, for the fourth quarter of 2011.


Acuity Brands Inc. (AYI): Director Norman H. Wesley Bought 3,000 Shares



Director of Acuity Brands Inc., Norman H. Wesley, bought 3,000 shares on 4/10/2012 at an average price of $54.05. Acuity Brands Inc. is comprised of the Acuity Lighting Group and Acuity Specialty Products. Acuity Brands Inc. has a market cap of $2.38 billion; its shares were traded at around $54.05 with a P/E ratio of 20.8 and P/S ratio of 1.3. The dividend yield of Acuity Brands stocks is 0.9%. Acuity Brands had an annual average earnings growth of 5.8% over the past 10 years.


On April 4, Acuity Brands Inc. announced that fiscal 2012 second quarter net sales increased $41.6 million, or 10%, to $457.7 million compared with the prior-year period. Net income for the second quarter of fiscal 2012 was $19.5 million compared with$19.9 million for the year-ago period. Diluted earnings per share (EPS) for the second quarter of fiscal 2012 were $0.46 compared with $0.45 reported for the prior-year period.


Last week, Director Norman H. Wesley bought 3,000 shares of AYI stock. EVP- Customer Enabling Team Ld Mark A. Black and Chairman, President and CEO Vernon J. Nagel shares in February. Director Neil Williams sold 1,815 shares in October.


Actuant Corp. (ATU): Executive Vice President Electrical Segment David L. Scheer Bought 3,700 Shares


Executive Vice President Electrical Segment of Actuant Corp. David L. Scheer, bought 3,700 shares on 04/05/2012 at an average price of $28.21. Actuant Corp., headquartered in Milwaukee, Wis., is a diversified industrial company with operations in 15 countries. Actuant Corp. has a market cap of $1.96 billion; its shares were traded at around $28.21 with a P/E ratio of 14.8 and P/S ratio of 1.4. The dividend yield of Actuant Corp. stocks is 0.1%. Actuant Corp had an annual average earnings growth of 3.9% over the past 10 years.


On March 21, Actuant Corporation announced results for its second quarter ended Feb. 29, 2012. The company delivered record second quarter diluted earnings per share (EPS) of $0.43, a 43% year-over-year increase. Consolidated sales for the second quarter were $378 million, 14% higher than the comparable prior year quarter. Core sales increased 8% with acquisitions contributing 7% partially offset by a negative 1% impact of the stronger U.S. dollar. Fiscal 2012 second quarter net earnings from continuing operations were $32.2 million compared to $22.1 million in the comparable prior year quarter.


This month, Vice President Human Resources Sheri Grissom and Executive Vice President, Electrical Segment David L. Scheer bought shares of ATU stock. Vice President Human Resources Sheri Grissom bought 2,136 shares in January. Executive Vice President Engineered Solutions William Blackmore sold 36,000 shares in February.


For the complete list of stocks that bought by their company executives, go to: Insider Buys.