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Weekly Top Insider Buys: OXY, SAN, HPQ, TYC, CBK

December 10, 2012 | About:
gururk

gururk

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According to GuruFocus Insider Data, these are the largest insider buys during the past week: Occidental Petroleum Corporation (OXY), Santander UK Plc (SAN), Hewlett-Packard Co. (HPQ), Tyco International Ltd. (TYC) and CB Australia Limited (CBK).

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



Occidental Petroleum Corporation (OXY): Director Avedick Baruyr Poladian Bought 5,000 Shares

Director of Occidental Petroleum Corporation (OXY) Avedick Baruyr Poladian bought 5,000 shares on 12/04/2012 at an average price of $75.37. Occidental Petroleum Corporation is a Delaware corporation. Occidental Petroleum Corporation has a market cap of $60.92 billion; its shares were traded around $75.37 with a P/E ratio of 10.33 and P/S ratio of 2.54. The dividend yield of Occidental Petroleum Corporation stocks is 2.87%. Occidental Petroleum Corporation had an annual average earnings growth of 13.8% over the past 10 years. GuruFocus rated Occidental Petroleum Corporation the business predictability rank of 2-star.

On Oct. 25, Occidental Petroleum Corporation announced income from continuing operations of $1.4 billion ($1.70 per diluted share) for the third quarter of 2012, compared with the third quarter of 2011 income from continuing operations of $1.8 billion ($2.18 per diluted share). Oil and gas segment earnings were $2 billion for the third quarter of 2012, compared with $2.6 billion for the third quarter of 2011. Lower product prices and higher costs in the third quarter of 2012 were partially offset by higher oil volumes.

Last week, Director Avedick Baruyr Poladian bought 5,000 shares of OXY stock.

Santander UK Plc (SAN): Director Michael N. Nordstrom Bought 4,000 Shares

Director of Santander UK Plc, Michael N. Nordstrom, bought 4,000 shares on 12/03/2012 at an average price of $5.878. Banco Santander SA is engaged in the Retail Banking; Global Wholesale Banking; and Asset Management and Insurance business. Banco Santander SA has a market cap of $72.27 billion; its shares were traded around $7.59 with a P/E ratio of 10.94 and P/S ratio of 0.61. The dividend yield of Banco Santander SA stocks is 8.4%. Banco Santander SA had an annual average earnings growth of 11.9% over the past 10 years.

Santander UK Plc recently report results for the third quarter of 2012. Net interest income rose 6.6% to EUR 22.994 billion. This was due to the net impact of several factors. Net fee income was virtually flat (-0.7%), with a varied performance. Operating expenses rose 4.7% year on year and 4.1% excluding the perimeter and exchange rate effects.

Last week, Director Michael N. Nordstrom bought 4,000 shares of SAN stock.

Hewlett-Packard Co. (HPQ): Executive Vice President and COO William L. Veghte Bought 23,010 Shares

Executive Vice President and COO of Hewlett-Packard Co. William L. Veghte bought 23,010 shares on 12/04/2012 at an average price of $13.94. Hewlett-Packard Co. was incorporated in 1947 under the laws of the State of California as the successor to a partnership founded in 1939. Hewlett-Packard Co. has a market cap of $25.54 billion; its shares were traded at around $13.94 with a P/E ratio of 3.2 and P/S ratio of 0.21. The dividend yield of Hewlett-Packard Co. stocks is 4.06%. Hewlett-Packard Co. had an annual average earnings growth of 12% over the past five years.

On Nov. 20, HP announced financial results for its fourth fiscal quarter and full fiscal year ended Oct. 31, 2012. For the full year fiscal 2012, net revenue of $120.4 billion was down 5% from the prior-year period and down 4% when adjusted for the effects of currency. Full-year GAAP loss per share was $6.41, down from diluted earnings per share (EPS) of $3.32 in the prior-year period. Full-year non-GAAP diluted EPS was $4.05, down 17% from the prior-year period.

Last week, Executive Vice President and COO William L. Veghte bought 23,010 shares of HPQ stock.

Tyco International Ltd. (TYC): Director Frank M. Drendel Bought 5,000 Shares

Director of Tyco International Ltd. Frank M. Drendel bought 5,000 shares on 11/30/2012 at an average price of $28.66. Tyco International Ltd. was organized under the laws of Switzerland. Tyco International Ltd. has a market cap of $13.11 billion; its shares were traded at around $28.66 with a P/E ratio of 9.33 and P/S ratio of 1.26. The dividend yield of Tyco International Ltd. stocks is 2.11%.

On Nov. 14, Tyco reported GAAP diluted loss per share from continuing operations for the fiscal fourth quarter of 2012 of $1.36 and diluted earnings per share (EPS) from continuing operations before special items of $0.33. Revenue in the quarter decreased 2.5% versus the prior year to $2.7 billion. This included a 3% decline due to foreign currency, a 4% decline related to the impact of the benefit of the 53rd week in 2011, and a 4% benefit from acquisitions. Organic revenue grew 1% in the quarter with 9% growth in products, 2% growth in service and a 4% decline in installation revenue.

Last month, Director Frank M. Drendel bought 5,000 shares of TYC stock. Director Sandra S. Wijnberg sold 2,121 shares in November. Senior Vice President Human Resources Laurie Siegel, Senior Vice President and Controller Carol Anthony Davidson, President Tyco Security Solutions Naren K. Gursahaney sold shares in August.

CB Australia Limited (CBK): Director Anne L. Jones Bought 5,000 Shares

Director of CB Australia Limited Anne L. Jones bought 5,000 shares on 12/05/2012 at an average price of $1.417. Christopher & Banks Corporation is a Delaware corporation incorporated in 1986 to acquire Braun's Fashions Inc. Christopher & Banks Corporation has a market cap of $169.18 million; its shares were traded at around $4.76 with and P/S ratio of 0.41.

Last week, Director Anne L. Jones bought 5,000 shares of CBK stock. Chair, Board of Directors Paul L. Snyder and Director William F. Sharpe III bought shares in September. Senior Vice President and General Counsel Luke Komarek and Chair, Board of Directors Paul L. Snyder bought shares in August.

For the complete list of stocks that were 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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