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Weekly Top Insider Buys: HD, HIS, AGCO, ESL, NIHD

October 01, 2012 | About:
gururk

gururk

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According to GuruFocus Insider Data, these are the largest insider buys during the past week: The Home Depot Inc. (HD), IHS Inc. (IHS), AGCO Corporation (AGCO), Esterline Technologies Corporation (ESL) and NII Holdings Inc. (NIHD).

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



The Home Depot Inc. (HD): Director Ronald Sargent Bought 1,667 Shares

Director of The Home Depot Inc. Ronald Sargent bought 1,667 shares on 09/21/2012 at an average price of $60.37. Home Depot is the one of world's largest home improvement retailer. The Home Depot Inc. has a market cap of $92.41 billion; its shares were traded at around $60.37 with a P/E ratio of 21.87 and P/S ratio of 1.31. The dividend yield of The Home Depot Inc. stocks is 1.92%. The Home Depot Inc. had an annual average earnings growth of 5.3% over the past 10 years.

On August 14, The Home Depot reported second quarter of fiscal 2012 net earnings of $1.5 billion, or $1.01 per diluted share, compared with net earnings of $1.4 billion, or $0.86 per diluted share, in the same period of fiscal 2011. For the second quarter of fiscal 2012, diluted earnings per share increased 17.4 percent from the same period in the prior year. Sales for the second quarter totaled $20.6 billion, a 1.7 percent increase from the second quarter of fiscal 2011. Comparable store sales for the second quarter of fiscal 2012 were positive 2.1 percent, and comp sales for U.S. stores were positive 2.6 percent.

Last week, Director Ronald Sargent bought 1,667 shares of HD stock. Director Armando M. Codina bought 20,650 shares in May. Executive Vice President and CIO Matt Carey sold 58,920 shares this month; Executive Vice President Human Resources Timothy M. Crow, Executive Vice President U.S. Stores Marvin R. Ellison, Chairman and CEO Francis S. Blake and CFO and Executive Vice President Corporate Services Carol B. Tome sold shares in August.

IHS Inc. (IHS): Director Richard Roedel Bought 3,101 Shares

Director of IHS Inc. Richard Roedel bought 3,101 shares on 9/24/2012 at an average price of $97.35. IHS is the source of information and insight in critical areas that shape today's business landscape. IHS Inc. has a market cap of $6.42 billion; its shares were traded at around $97.35 with a P/E ratio of 37.44 and P/S ratio of 4.84. IHS Inc. had an annual average earnings growth of 15.8% over the past 5 years.

On September 20, IHS Inc. reported results for the third quarter ended August 31, 2012. Revenue for the third quarter of 2012 totaled $386 million, a 14 percent increase over third quarter 2011 revenue of $339 million. Net income for the third quarter of 2012 was $44 million, or $0.66 per diluted share, compared to third quarter 2011 net income of $41 million, or $0.62 per diluted share.

Last week, Director Richard Roedel bought 3,101 shares of IHS stock. President and COO Scott Key sold 3,000 shares this month. Senior Vice President and Chief Accounting Officer Heather Matzke-Hamlin and Vice Chairman Daniel Yergin sold shares in August. Senior Vice President and Chief HR Officer Jeffrey D. Sisson, CEO and Chairman of the Board Jerre L. Stead, and Executive Vice President and CFO Richard Walker sold shares in July.

AGCO Corporation (AGCO): Director Mallika Srinivasan Bought 113,688 Shares

Director of AGCO Corporation, Mallika Srinivasan, bought 113,688 shares on 09/26/2012 at an average price of $47.45. AGCO Corp. is engaged in the manufacturer and distribution of farm equipment, machinery and replacement parts in the United States and Canada. AGCO Corporation has a market cap of $4.62 billion; its shares were traded at around $47.45 with a P/E ratio of 8.48 and P/S ratio of 0.53. AGCO Corporation had an annual average earnings growth of 11% over the past 10 years. GuruFocus rated AGCO Corporation the business predictability rank of 3-star.

On July 26, AGCO reported net sales of approximately $2.7 billion for the second quarter of 2012, an increase of approximately 14.1% compared to net sales of $2.4 billion for the second quarter of 2011. Reported and adjusted net income per share were $2.08 for the second quarter of 2012. These results compare to reported net income per share of $1.36 and adjusted net income per share of $1.35 for the second quarter of 2011.

Last week, Director Mallika Srinivasan bought 113,688 shares of AGCO stock.

Esterline Technologies Corporation (ESL): General Counsel and Vice President Administration Marcia J. Mason Bought 2,500 Shares

General Counsel and Vice President Administration of Esterline Technologies Corporation Marcia J. Mason bought 2,500 shares on 09/28/2012 at an average price of $56.1. Esterline Technologies Corporation is a specialized engineering and manufacturing company principally serving aerospace and defense markets. Esterline Technologies Corporation has a market cap of $1.73 billion; its shares were traded at around $56.1 with a P/E ratio of 12.91 and P/S ratio of 1.01. Esterline Technologies Corporation had an annual average earnings growth of 13.3% over the past 10 years. GuruFocus rated Esterline Technologies Corporation the business predictability rank of 4.5-star.

On August 30, Esterline Corporation reported third quarter 2012 (ended July 27) earnings from continuing operations of $35.1 million, or $1.12 per diluted share (EPS), on sales of $485.9 million, prior to a previously announced $52.2 million, or $1.69 per diluted share, non-cash charge against goodwill for its UK-based Racal Acoustics defense business. This compared with year-ago income from continuing operations of $37.7 million, or $1.21 per diluted share, on sales of $409.5 million.

This month, General Counsel and Vice President Administration Marcia J. Mason, Director Paul V. Haack, Director Mary L. Howell and Director James J. Morris bought shares of ESL stock.

NII Holdings Inc. (NIHD): Executive Vice President Human Resources Alfonso Martinez Bought 1,250 Shares

Executive Vice President Human Resources of NII Holdings Inc., Alfonso Martinez, bought 1,250 shares on 09/21/2012 at an average price of $7.83. NII Holdings formerly known as Nextel International, is one of the world's providers of fully integrated wireless communication services designed to meet the needs of business customers in selected international markets. NII Holdings Inc. has a market cap of $1.34 billion; its shares were traded at around $7.83 with and P/S ratio of 0.2. NII Holdings Inc. had an annual average earnings growth of 22.2% over the past 10 years.

On August 7, NII Holdings Inc. announced its consolidated financial results for the second quarter of 2012. Financial results for the quarter included consolidated operating revenues of $1.5 billion, down 15 percent from the level reported in the second quarter of 2011, and consolidated OIBDA of $211 million, a 56 percent decline compared to the same period last year, resulting from weaker average foreign currency exchange rates, lower average revenue per subscriber (ARPU) and incremental expenses related to the Company's deployment of its planned third generation (3G) networks. For the second quarter of 2012, the Company generated consolidated operating income of $39 million and a consolidated net loss of $104 million, or $0.60 per basic share.

This month, CEO Steven P. Dussek and Executive Vice President Human Resources Alfonso Martinez bought shares of NIHD stock. Director Kevin L. Beebe, Executive Vice President General Counsel and Secretary Gary Begeman and Director Donald Guthrie bought shares in May.

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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