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Weekly Top Insider Buys: Twenty-First Century Fox Inc., Time Warner Inc., Valeant Pharmaceuticals International Inc., American Tower Corp., and Delta Air Lines Inc.

August 18, 2013 | About:
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guruek

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According to GuruFocus Insider Data, these are the largest insider buys during the past week: Twenty-First Century Fox Inc. (NASDAQ:FOX), Time Warner Inc. (NYSE:TWX), Valeant Pharmaceuticals International Inc. (NYSE:VRX), American Tower Corp. (NYSE:AMT), and Delta Air Lines Inc. (NYSE:DAL).

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

Twenty-First Century Fox Inc. (NASDAQ:FOX): Director Robert S Silberman Bought 11,000 Shares



Director of Twenty-First Century Fox Inc., Robert S Silberman, bought 11,000 shares on 8/13/2013 at an average price of $32.06. Twenty-first Century Fox Inc. has a market cap of $74.2 billion; its shares were traded at around $32.06 with a P/E ratio of 12.82 and P/S ratio of 2.18. The dividend yield of Twenty-first Century Fox Inc. stocks is 0.53%.

On August 6, Twenty-First Century Fox Inc. reported financial results for the full year ended June 30, 2013. The company reported annual revenues of $27.68 billion, a $2.62 billion, or 10%, increase over prior year revenues of $25.05 billion.

Director Robert S Silberman bought 11,000 shares of FOX stock on08/13/2013 at the average price of 32.53. Robert S Silberman owns at least 15,000 shares after this. The price of the stock has decreased by 1.44% since.

Time Warner Inc. (NYSE:TWX): Director William P Barr Bought 4,800 Shares



Director of Time Warner Inc., William P Barr, bought 4,800 shares on 8/13/2013 at an average price of $60.86. Time Warner Inc. is a media and entertainment company. Time Warner Inc. has a market cap of $55.99 billion; its shares were traded at around $60.86 with a P/E ratio of 16.47 and P/S ratio of 1.99. The dividend yield of Time Warner Inc. stocks is 1.80%.

On August 2, Time Warner Inc. reported results for the second quarter ended June 30, 2013. Revenues increased 10% to $7.4 billion in the second quarter of 2013 as growth at the Film and TV Entertainment and Networks segments more than offset a modest decline at the Publishing segment. Adjusted Operating Income rose 25% to $1.5 billion due to growth at all segments as well as a year-over- year decrease in intersegment eliminations. Operating Income increased 42% to $1.5 billion.

This month, Director William P Barr and Director Paul Wachter bought shares of TWX stock. Director Deborah C Wright sold 11,559 shares this month. Director Jessica P Einhorn and SVP and Controller Pascal Desroches sold shares in June. Chairman of the Board and CEO Jeffrey L Bewkes sold 205,681 shares in May.

Valeant Pharmaceuticals International Inc. (NYSE:VRX): EVP, Administration and CHCO Brian M. Stolz Bought 4,500 Shares



EVP, Administration and CHCO of Valeant Pharmaceuticals International Inc., Brian M. Stolz, bought 4,500 shares on 08/12/2013 at an average price of $103.00. Valeant Pharmaceuticals International Inc. was formerly known as Biovail Corporation. Valeant Pharmaceuticals International Inc. has a market cap of $34.24 billion; its shares were traded at around $103.00 with a P/E ratio of 1087.50 and P/S ratio of 7.91. Valeant Pharmaceuticals International Inc. had an annual average earnings growth of 4.2% over the past 10 years.

On August 7, Valeant Pharmaceuticals International Inc. announced second quarter financial results for 2013. Valeant's total revenues were $1.1 billion, up 34% compared to the second quarter of 2012, and product revenues were $1.06 billion, up 43% versus the year-ago quarter. The company reported net income of $11 million for the second quarter of 2013, or $0.03 per diluted share.

This month, EVP, Administration and CHCO Brian M. Stolz and EVP, Company Group Chairman Laizer Kornwasser bought shares of VRX stock. G Mason Morfit bought 1,352,941 shares in June.

American Tower Corp (NYSE:AMT): EVP, Int'l. Operations William H Hess Bought 2,500 Shares



EVP, Int'l. Operations of American Tower Corp, William H Hess, bought 2,500 shares on 8/15/2013 at an average price of $68.58. American Tower Corp was incorporated in the State of Delaware. American Tower Corp has a market cap of $27.09 billion; its shares were traded at around $68.58 with a P/E ratio of 42.92 and P/S ratio of 8.86. The dividend yield of American Tower Corp stocks is 1.46%. American Tower Corp had an annual average earnings growth of 9.1% over the past 10 years.

On July 31, American Tower Corporation reported financial results for the quarter ended June 30, 2013. Total revenue increased 15.9% to $808.8 million and total rental and management revenue increased 15.7% to $789.2 million. Total rental and management Gross Margin increased 14.2% to $594.8 million. Total selling, general, administrative and development expense was $99.8 million, including $16.6 million of stock-based compensation expense. Adjusted EBITDA increased 12.5% to $524.0 million, Core Growth in Adjusted EBITDA was 14.7%, and Adjusted EBITDA Margin was 65%.

Last week, EVP, Int'l. Operations William H Hess bought 2,500 shares of AMT stock. Chairman, President and CEO James D Jr Taiclet sold 100,000 shares this month. SVP, Finance & Corp Controller Robert Joseph Jr Meyer sold 2,046 shares in May. EVP, Chief Admin Officer & GC Edmund Disanto sold 90,688 shares in April, and EVP, Int'l. Operations William H Hess sold 10,000 shares in March.

Delta Air Lines Inc. (NYSE:DAL): Director George N Mattson Bought 5,000 Shares



Director of Delta Air Lines Inc., George N Mattson, bought 5,000 shares on 08/13/2013 at an average price of $19.83. Delta Air Lines, Inc. was incorporated under the laws of the State of Delaware. Delta Air Lines Inc. has a market cap of $17.01 billion; its shares were traded at around $19.83 with a P/E ratio of 9.73 and P/S ratio of 0.46. The dividend yield of Delta Air Lines Inc. stocks is 0.30%.

On July 24, Delta Air Lines reported financial results for the June 2013 quarter. Delta's net profit for the June 2013 quarter was $844 million, or $0.98 per diluted share, excluding special items. June quarter results include $118 million of profit sharing expense in recognition of Delta employees' contributions to the company's financial performance.

Last week, Director George N Mattson bought 5,000 shares of DAL stock. Director Paula Rosput Reynolds and Director John Christopher Beasley, bought 7,500 shares in July. EVP & COO Stephen E Gorman sold 130,700 shares this month.

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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