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Weekly Top Insider Buys: DOV, LUV, HBAN, NFLX, FSL

April 30, 2012 | About:
GuruFocus

GuruFocus

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According to GuruFocus Insider Data, these are the largest insider buys during the past week. The overall trend of insiders is illustrated in the chart below:



Dover Corp. (DOV): Director Stephen M. Todd Bought 1,500 Shares

Director of Dover Corp. (DOV) Stephen M. Todd bought 1,500 shares on 04/23/2012 at an average price of $63.5. Dover Corporation is a world-wide, diversified manufacturer of industrial products. Dover Corp. has a market cap of $11.45 billion; its shares were traded at around $63.5 with a P/E ratio of 13.82 and P/S ratio of 1.44. The dividend yield of Dover Corp. stocks is 2.02%. Dover Corp. had an annual average earnings growth of 12.4% over the past 10 years. GuruFocus rated Dover Corp. the business predictability rank of 2.5-star.

On April 18, The company announced today that for the first quarter ended March 31, 2012, revenue was$2.1 billion, an increase of 14% over the prior-year period. The revenue increase was primarily driven by organic growth of 9% and a 5% increase from acquisitions. Earnings from continuing operations were$196.8 million, or$1.05 diluted earnings per share ("EPS"), compared to$174.8 million, or$0.92 EPS, in the prior-year period, representing increases in earnings from continuing operations and EPS of 13% and 14%, respectively. EPS from continuing operations increased 19% in the quarter, excluding the impact of tax benefits of$0.04 EPS recognized in the prior year period.

Separately, Directors Stephen M. Todd, Michael B. Stubbs and Kristiane C. Graham and several other insiders sold shares of DOV stocks recently.

Southwest Air (LUV): Director Douglas H. Brooks Bought 5,000 Shares

Director of Southwest Air (LUV) Douglas H. Brooks bought 5,000 shares on 04/24/2012 at an average price of $8.25. Southwest Airlines is a major domestic airline that provides primarily shorthaul, high-frequency, point-to-point, low-fare service. Southwest Air has a market cap of $6.25 billion; its shares were traded at around $8.25 with a P/E ratio of 21.86 and P/S ratio of 0.4. The dividend yield of Southwest Air stocks is 0.22%. Southwest Air had an annual average earnings growth of 5.2% over the past 10 years. GuruFocus rated Southwest Air the business predictability rank of 2-star.

On April 19, LUV reported its first quarter 2012 results. First quarter 2012 net income was $98 million, or $.13 per diluted share, which included $116 million (net) of favorable special items. This compared to net income of $5 million, or $.01 per diluted share, in first quarter 2011, which included unfavorable special items totaling $15 million (net).

Chairman of Board, President and CEO Gary C. Kelly shares of LUV stock recently but Director Douglas H. Brooks bought shares.

Huntington Banc (HBAN): Senior Executive Vice President of Principal Sub Daniel B. Benhase Bought 5,000 Shares

Senior Executive Vice President of Principal Sub of Huntington Banc (HBAN) Daniel B. Benhase bought 5,000 shares on 04/20/2012 at an average price of $6.73. Huntington Bancshares is a multi-state bank holding company. Huntington Banc has a market cap of $5.79 billion; its shares were traded at around $6.73 with a P/E ratio of 10.62 and P/S ratio of 1.96. The dividend yield of Huntington Banc stocks is 2.39%.

On April 18, 2012, Huntington Bancshares Incorporated reported 2012 first quarter net income of $153.3 million, up $26.4 million, or 21%, from $126.9 million in the prior quarter. Earnings per common share in the current quarter were $0.17, up $0.03 from the prior quarter. Net income in the year-ago quarter was $126.4 million, or $0.14 per common share.

President, CEO & Chairman Stephen D. Steinour, Regional Banking Group President James E. Dunlap, and Senior Executive Vice President of Principal Sub Daniel B. Benhase all bought shares of the company recently..

Netflix Inc. (NFLX): Director Richard N. Barton Bought 6,000 Shares

Director of Netflix Inc. (NFLX) Richard N Barton bought 6,000 shares on 04/25/2012 at an average price of $83.71. Netflix Inc. is the largest online movie rental subscription service in the U.S. providing subscribers access to a comprehensive library of more than 18,000 movie, television and other filmed entertainment titles. Netflix Inc. has a market cap of $4.71 billion; its shares were traded at around $83.71 with a P/E ratio of 27.71 and P/S ratio of 1.47. Netflix Inc. had an annual average earnings growth of 44.3% over the past five years.

On April 23, Netflix posted quarterly revenue of $870 million, which is up 21% year-over-year and just beat analyst expectations of $868 million. Net income was a loss of 8 cents, versus expectations of a loss of 27 cents.

Recently CEO Reed Hastings sold shares of NFLX stocks but Director Richard N. Barton bought shares.

Freescale Semiconductor Holdings Ltd. (FSL): Director J. Daniel McCranie Bought 40,300 Shares

Director of Freescale Semiconductor Holdings Ltd. (FSL) J. Daniel McCranie bought 40,300 shares on 04/25/2012 at an average price of $12.31. Freescale Semiconductor Holdings Ltd. processes semiconductors and solutions for automotive, networking, industrial and consumer markets worldwide. Freescale Semiconductor Holdings Ltd. has a market cap of $2.99 billion; its shares were traded at around $12.31 with a P/E ratio of 22.87 and P/S ratio of 0.65.

On April 23, 2012, FSL posted a quarterly sales of $950 million and a net loss of $9 million.

Recently, Director J. Daniel Mccranie bought shares, but Senior Vice President and Chief Sales and Mktg Officer Henri P. Richard, Senior Vice President of Global Back-End Ops Rajeeva Lahri and Senior Vice President Human Resources Michel Cadieux all sold shares of the company.

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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