Weekly Top Insider Buys

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Jun 09, 2013
Weekly Top Insider Buys

FCX and IRM

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:



Freeport-McMoRan Copper & Gold (FCX, Financial): Vice Chairman of the Board James C Flores Bought 1,100,000 Shares

Vice Chairman of the Board of Freeport-McMoRan Copper & Gold (FCX) James C Flores bought 1,100,000 shares on 06/03/2013 at an average price of $30.92.

Freeport-McMoRan Copper & Gold was incorporated under the laws of the state of Delaware on November 10, 1987. Freeport-mcmoran Copper & Gold has a market cap of $29.47 billion; its shares were traded at around $30.92 with a P/E ratio of 10.08 and P/S ratio of 1.64. The dividend yield of Freeport-mcmoran Copper & Gold stocks is 4.04%.

Advisory Director J Bennett Johnston bought 16,000 shares of FCX stock on March 1 at the average price of 31.48. J. Bennett Johnston owns at least 157,096 shares after this. The price of the stock has decreased by 1.78% since.

Iron Mountain Inc (IRM, Financial): Director Ted R Antenucci Bought 5,800 Shares

Director of Iron Mountain Inc (IRM) Ted R Antenucci bought 5,800 shares on June 7 at an average price of $28.95.

Iron Mountain Incorporated was founded in 1951, under the name Pierce Leahy Corp. Iron Mountain Inc has a market cap of $6.56 billion; its shares were traded at around $28.95 with a P/E ratio of 38.02 and P/S ratio of 1.73. The dividend yield of Iron Mountain Inc stocks is 3.73%. Iron Mountain Inc had an annual average earnings growth of 7.4% over the past 10 years. GuruFocus rated Iron Mountain Inc the business predictability rank of 3-star.

On May. 1, 2013 Iron Mountain Incorporated reported financial and operating results for the first quarter ended March 31, 2013. Total revenues for the quarter were $747 million. On a constant dollar (C$) basis, total revenue growth for the first quarter was 0.5%, reflecting solid storage rental gains of 4.4%, partially offset by a decline in total service revenues. Adjusted OIBDA for the first quarter was $227 million, up 2% from the same period in 2012. Adjusted EPS was $0.27 per share ($0.10 per share on a GAAP basis) in the current period, compared with $0.29 per share in the first quarter of 2012 ($0.35 per share on a GAAP basis).

Director Vincent J Ryan sold 509,894 shares of IRM stock on 02/20/2013 at the average price of 34.82. Vincent J Ryan owns at least 35,033 shares after this. The price of the stock has decreased by 16.86% since.

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