Weekly Top Insider Buys

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Apr 15, 2013
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:



AGCO Corp. (AGCO, Financial): Director Mallika Srinivasan Bought 13,900 Shares

Director of AGCO Corp. (AGCO) Mallika Srinivasan bought 13,900 shares on 04/05/2013 at an average price of $50.92.

AGCO Corp. was incorporated in Delaware in April 1991. AGCO Corp. has a market cap of $4.94 billion; its shares were traded at around $50.92 with a P/E ratio of 9.6061 and P/S ratio of 0.5. The dividend yield of AGCO Corp. stocks is 0.2%. AGCO Corp. had an annual average earnings growth of 10.2% over the past 10 years. GuruFocus rated AGCO Corp. the business predictability rank of 3.5-star.

On Feb. 5, 2013 AGCO, reported net sales of approximately$2.7 billion for the fourth quarter of 2012, an increase of approximately 7.4% compared to net sales of $2.5 billion for the fourth quarter of 2011. Reported and adjusted net income for the fourth quarter of 2012 were$1.04 per share and $0.99 per share, respectively. Adjusted net income excludes a non-cash intangible asset impairment charge of approximately $22.4 millionrelated to the Company’s Chinese harvesting business. Adjusted net income also excludes a non-cash tax gain of$26.9 million from the recognition of U.S. deferred tax assets. These results compare to reported and adjusted net income of $2.90 per share and$1.44 per share, respectively, for the fourth quarter of 2011. Adjusted net income for the fourth quarter of 2011 excluded a non-cash tax gain and transaction expenses associated with the acquisition of GSI. Excluding unfavorable currency translation impacts of approximately 4.0%, net sales in the fourth quarter of 2012 increased approximately 11.4% compared to the fourth quarter of 2011.

Director Mallika Srinivasan bought 261,091 shares of AGCO stock on 04/01/2013 at the average price of $51.76. Mallika Srinivasan owns at least 4,466,493 shares after this. The price of the stock has decreased by 1.62% since.

SandRidge Energy Inc. (SD, Financial): Senior Vice President Midstream Wayne Chang Bought 10,000 Shares

Senior Vice President Midstream of SandRidge Energy Inc. (SD) Wayne Chang bought 10,000 shares on 04/05/2013 at an average price of $5.05.

SandRidge Energy Inc. was originally organized in the State of Texas in 1984 under a predecessor company name and in 2006; it reorganized as a Delaware corporation and adopted the SandRidge Energy Inc. Sandridge Energy Inc. has a market cap of $2.49 billion; its shares were traded around $5.05 with a P/E ratio of 26.5957 and P/S ratio of 0.85.

Executive Vice President Exploration Todd N. Tipton sold 17,929 shares of SD stock on 03/20/2013 at the average price of $5.59. Todd N. Tipton owns at least 361,397 shares after this. The price of the stock has decreased by 9.66% since.

Feb. 28, 2013, SandRidge Energy Inc. announced financial and operational results for the quarter and year ended Dec. 31, 2012. Adjusted EBITDA of $318 million for fourth quarter 2012 compared to $175 million in fourth quarter 2011. Operating cash flow of $259 million for fourth quarter 2012 compared to $154 million in fourth quarter 2011. Net loss applicable to common stockholders of $302 million, or $0.63 per diluted share, for fourth quarter 2012 compared to net loss applicable to common stockholders of $389 million, or $0.97 per diluted share, in fourth quarter 2011. Adjusted net income of $35.3 million, or $0.06 per diluted share, for fourth quarter 2012 compared to adjusted net income of $8.7 million, or $0.02 per diluted share, in fourth quarter 2011.

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