According to GuruFocus Insider Data, these are the largest insider buys during the past week: Illinois Tool Works Inc. (ITW, Financial), Williams Companies Inc. (WMB, Financial), Energy Transfer Partners L.P. (ETP, Financial), Southwestern Energy Company (SWN, Financial) and Equinix Inc. (EQIX, Financial).
The overall trend of insiders is illustrated in the chart below:
Illinois Tool Works Inc. (ITW): SVP and CFO Michael M. Larsen Bought 7,000 Shares
SVP and CFO of Illinois Tool Works Inc., Michael M Larsen, bought 7,000 shares on 9/11/2013 at an average price of $74.37. Illinois Tool Works Inc has a market cap of $33.31 billion; its shares were traded at around $74.37 with a P/E ratio of 14.04 and P/S ratio of 1.97. The dividend yield of Illinois Tool Works Inc. stocks is 2.04%. Illinois Tool Works Inc. had an annual average earnings growth of 7.4% over the past 10 years. GuruFocus rated Illinois Tool Works Inc. the business predictability rank of 3-star.
On July 23, Illinois Tool Works Inc. reported second quarter 2013 diluted earnings per share (EPS) from continuing operations of $1.03. Excluding the pension settlement charge, second quarter adjusted EPS of $1.08 was six percent higher than adjusted second quarter 2012 earnings and met the Company's forecast. Reconciliations of GAAP to adjusted results, which exclude the pension settlement charge and the 2012 impact of the now divested Decorative Surfaces segment, are included in the attached exhibits.
Last week, SVP and CFO Michael M. Larsen bought 7,000 shares of ITW stock. President and CEO Ernest Scott Santi and Executive Vice President Juan Valls sold shares in August. Executive Vice President Sundaram Nagarajan and Senior Vice President, General Counsel and Secretary Maria C. Green sold shares in July. Vice Chairman David C. Parry sold 35,000 shares in June, and Senior Vice President and CFO Ronald D. Kropp sold 284,635 shares in April.
Williams Companies Inc. (WMB): Director Murray D. Smith Bought 3,000 Shares
Director of Williams Companies Inc., Murray D. Smith, bought 3,000 shares on 9/09/2013 at an average price of $35.93. Williams Companies Inc. has a market cap of $24.55 billion; its shares were traded at around $35.93 with a P/E ratio of 38.61 and P/S ratio of 3.30. The dividend yield of Williams Companies Inc. stocks is 3.85%. Williams Companies Inc. had an annual average earnings growth of 2.3% over the past 10 years.
On July 31, Williams Companies Inc. announced unaudited second-quarter 2013 net income attributable to Williams of $142 million, or $0.21 per share on a diluted basis, compared with net income of $132 million, or $0.21 per share on a diluted basis for second-quarter 2012. For the first half of 2013, Williams reported net income of $303 million, or $0.44 per share on a diluted basis, compared with net income of $555 million, or $0.90 per share, for the same time period in 2012.
Last week, Director Murray D. Smith bought 3,000 shares of WMB stock. Senior Vice President Francis E. Billings and Senior Vice President Robyn L. Ewing sold shares this month. Director Joseph R. Cleveland and Senior Vice President Rory Lee Miller sold shares in August.
Energy Transfer Partners LP (ETP): Director Jamie Welch Bought 20,000 Shares
Director of Energy Transfer Partners LP, Jamie Welch, bought 20,000 shares on 9/11/2013 at an average price of $50.87. Energy Transfer Partners LP has a market cap of $19.14 billion; its shares were traded at around $50.87 with a P/E ratio of 27.47 and P/S ratio of 0.43. The dividend yield of Energy Transfer Partners LP stocks is 7.03%. Energy Transfer Partners LP had an annual average earnings growth of 11.1% over the past 10 years.
On Aug. 7, Energy Transfer Partners LP reported its financial results for the quarter ended June 30, 2013. Adjusted EBITDA for Energy Transfer Partners LP for the three months ended June 30, 2013 totaled $1.07 billion, an increase of $427 million over the same period last year. Distributable cash flow attributable to the partners of ETP for the three months ended June 30, 2013 totaled $442 million, an increase of $126 million over the same period last year. Income from continuing operations for the three months ended June 30, 2013 was $404 million, an increase of $276 million over the same period last year.
Last week, Director Jamie Welch bought 20,000 shares of ETP stock.
Southwestern Energy Company (SWN): Director Catherine A. Kehr Bought 10,500 Shares
Director of Southwestern Energy Company Catherine A. Kehr bought 10,500 shares on 9/10/2013 at an average price of $37.93. Southwestern Energy Company has a market cap of $13.33 billion; its shares were traded at around $37.93 with a P/E ratio of 26.40 and P/S ratio of 4.35.
On Aug. 1, Southwestern Energy Company announced its financial and operating results for the three months ended June 30, 2013. Highlights include: Record gas and oil production of 160.1 BCFE, up 17% compared to year-ago levels; record adjusted net income of $189.7 million, up 108% compared to year-ago levels when excluding unrealized net gains and losses on derivative contracts and non-cash ceiling test impairments of natural gas and oil properties; and record net cash provided by operating activities before changes in operating assets and liabilities of approximately $492.6 million, up 39% compared to year ago levels (a non-GAAP measure reconciled below).
Last week, Director Catherine A. Kehr bought 10,500 shares of SWN stock. Director Harold M. Korell sold 200,000 shares this month. Retired Director Robert L. Howard sold 6,000 shares in August. 10% Security Holder Pacific Metal Mining Corpo Pan and Director Gregory D. Kerley sold shares in May.
Equinix Inc. (EQIX): Affiliate of Director Capital Inc. Crosslink Bought 20,000 Shares
Affiliate of Director of Equinix Inc., Capital Inc. Crosslink, bought 20,000 shares on 09/05/2013 at an average price of $177.19. Equinix Inc. has a market cap of $8.75 billion; its shares were traded at around $177.19 with a P/E ratio of 131.58 and P/S ratio of 4.42. Equinix Inc. had an annual average earnings growth of 38.2% over the past 10 years.
On July 24, Equinix Inc. reported quarterly results for the quarter ended June 30, 2013. Revenues were $525.7 million for the second quarter, a 1% increase over the previous quarter and a 15% increase over the same quarter last year. Recurring revenues were $502.5 million for the second quarter, a 1% increase over the previous quarter and a 16% increase over the same quarter last year. Non-recurring revenues were $23.2 million in the quarter. Churn for the second quarter was 2.4%, down from 3.7% for the previous quarter and in line with prior guidance.
Last week, Affiliate of Director Capital Inc. Crosslink bought 20,000 shares of EQIX stock. Chief Marketing Officer Sara Baack sold 1,165 shares this month. Director Christopher B. Paisley sold 1,000 shares in August. Director Steven T. Clontz, Director Christopher B. Paisley, and CFO Keith D. Taylor sold shares in May. CEO and President Stephen M. Smith sold 9,402 shares in April.
For the complete list of stocks that were bought by their company executives, go to: Insider Buys.
The overall trend of insiders is illustrated in the chart below:
Illinois Tool Works Inc. (ITW): SVP and CFO Michael M. Larsen Bought 7,000 Shares
SVP and CFO of Illinois Tool Works Inc., Michael M Larsen, bought 7,000 shares on 9/11/2013 at an average price of $74.37. Illinois Tool Works Inc has a market cap of $33.31 billion; its shares were traded at around $74.37 with a P/E ratio of 14.04 and P/S ratio of 1.97. The dividend yield of Illinois Tool Works Inc. stocks is 2.04%. Illinois Tool Works Inc. had an annual average earnings growth of 7.4% over the past 10 years. GuruFocus rated Illinois Tool Works Inc. the business predictability rank of 3-star.
On July 23, Illinois Tool Works Inc. reported second quarter 2013 diluted earnings per share (EPS) from continuing operations of $1.03. Excluding the pension settlement charge, second quarter adjusted EPS of $1.08 was six percent higher than adjusted second quarter 2012 earnings and met the Company's forecast. Reconciliations of GAAP to adjusted results, which exclude the pension settlement charge and the 2012 impact of the now divested Decorative Surfaces segment, are included in the attached exhibits.
Last week, SVP and CFO Michael M. Larsen bought 7,000 shares of ITW stock. President and CEO Ernest Scott Santi and Executive Vice President Juan Valls sold shares in August. Executive Vice President Sundaram Nagarajan and Senior Vice President, General Counsel and Secretary Maria C. Green sold shares in July. Vice Chairman David C. Parry sold 35,000 shares in June, and Senior Vice President and CFO Ronald D. Kropp sold 284,635 shares in April.
Williams Companies Inc. (WMB): Director Murray D. Smith Bought 3,000 Shares
Director of Williams Companies Inc., Murray D. Smith, bought 3,000 shares on 9/09/2013 at an average price of $35.93. Williams Companies Inc. has a market cap of $24.55 billion; its shares were traded at around $35.93 with a P/E ratio of 38.61 and P/S ratio of 3.30. The dividend yield of Williams Companies Inc. stocks is 3.85%. Williams Companies Inc. had an annual average earnings growth of 2.3% over the past 10 years.
On July 31, Williams Companies Inc. announced unaudited second-quarter 2013 net income attributable to Williams of $142 million, or $0.21 per share on a diluted basis, compared with net income of $132 million, or $0.21 per share on a diluted basis for second-quarter 2012. For the first half of 2013, Williams reported net income of $303 million, or $0.44 per share on a diluted basis, compared with net income of $555 million, or $0.90 per share, for the same time period in 2012.
Last week, Director Murray D. Smith bought 3,000 shares of WMB stock. Senior Vice President Francis E. Billings and Senior Vice President Robyn L. Ewing sold shares this month. Director Joseph R. Cleveland and Senior Vice President Rory Lee Miller sold shares in August.
Energy Transfer Partners LP (ETP): Director Jamie Welch Bought 20,000 Shares
Director of Energy Transfer Partners LP, Jamie Welch, bought 20,000 shares on 9/11/2013 at an average price of $50.87. Energy Transfer Partners LP has a market cap of $19.14 billion; its shares were traded at around $50.87 with a P/E ratio of 27.47 and P/S ratio of 0.43. The dividend yield of Energy Transfer Partners LP stocks is 7.03%. Energy Transfer Partners LP had an annual average earnings growth of 11.1% over the past 10 years.
On Aug. 7, Energy Transfer Partners LP reported its financial results for the quarter ended June 30, 2013. Adjusted EBITDA for Energy Transfer Partners LP for the three months ended June 30, 2013 totaled $1.07 billion, an increase of $427 million over the same period last year. Distributable cash flow attributable to the partners of ETP for the three months ended June 30, 2013 totaled $442 million, an increase of $126 million over the same period last year. Income from continuing operations for the three months ended June 30, 2013 was $404 million, an increase of $276 million over the same period last year.
Last week, Director Jamie Welch bought 20,000 shares of ETP stock.
Southwestern Energy Company (SWN): Director Catherine A. Kehr Bought 10,500 Shares
Director of Southwestern Energy Company Catherine A. Kehr bought 10,500 shares on 9/10/2013 at an average price of $37.93. Southwestern Energy Company has a market cap of $13.33 billion; its shares were traded at around $37.93 with a P/E ratio of 26.40 and P/S ratio of 4.35.
On Aug. 1, Southwestern Energy Company announced its financial and operating results for the three months ended June 30, 2013. Highlights include: Record gas and oil production of 160.1 BCFE, up 17% compared to year-ago levels; record adjusted net income of $189.7 million, up 108% compared to year-ago levels when excluding unrealized net gains and losses on derivative contracts and non-cash ceiling test impairments of natural gas and oil properties; and record net cash provided by operating activities before changes in operating assets and liabilities of approximately $492.6 million, up 39% compared to year ago levels (a non-GAAP measure reconciled below).
Last week, Director Catherine A. Kehr bought 10,500 shares of SWN stock. Director Harold M. Korell sold 200,000 shares this month. Retired Director Robert L. Howard sold 6,000 shares in August. 10% Security Holder Pacific Metal Mining Corpo Pan and Director Gregory D. Kerley sold shares in May.
Equinix Inc. (EQIX): Affiliate of Director Capital Inc. Crosslink Bought 20,000 Shares
Affiliate of Director of Equinix Inc., Capital Inc. Crosslink, bought 20,000 shares on 09/05/2013 at an average price of $177.19. Equinix Inc. has a market cap of $8.75 billion; its shares were traded at around $177.19 with a P/E ratio of 131.58 and P/S ratio of 4.42. Equinix Inc. had an annual average earnings growth of 38.2% over the past 10 years.
On July 24, Equinix Inc. reported quarterly results for the quarter ended June 30, 2013. Revenues were $525.7 million for the second quarter, a 1% increase over the previous quarter and a 15% increase over the same quarter last year. Recurring revenues were $502.5 million for the second quarter, a 1% increase over the previous quarter and a 16% increase over the same quarter last year. Non-recurring revenues were $23.2 million in the quarter. Churn for the second quarter was 2.4%, down from 3.7% for the previous quarter and in line with prior guidance.
Last week, Affiliate of Director Capital Inc. Crosslink bought 20,000 shares of EQIX stock. Chief Marketing Officer Sara Baack sold 1,165 shares this month. Director Christopher B. Paisley sold 1,000 shares in August. Director Steven T. Clontz, Director Christopher B. Paisley, and CFO Keith D. Taylor sold shares in May. CEO and President Stephen M. Smith sold 9,402 shares in April.
For the complete list of stocks that were bought by their company executives, go to: Insider Buys.
