Highlight of top insider buys. Related companies: The Home Depot Inc. (HD, Financial), NewMarket Corp. (NEU, Financial), The Colonial BancGroup Inc. (CNB, Financial), Cash America International Inc. (CSH, Financial), Campbell Soup Company (CPB, Financial).
The Home Depot Inc. (HD): Director David H. Batchelder Bought 3,398,490 Shares
Home Depot, Inc. (HD) sets their quarterly dividend at 22.5 cents a share. Quarter that ended in beginning of May, the home improvement chain reported 6.5% decline in same-store-sales and 3.4% revenue drop to $17.91 billion. Home Depot’s profits declined 66% to $356 million or $0.21 a share compared to $1.05 billion or $0.53 a share in the first quarter of 2007. The company shares have lost 30% its value within the past 52-weeks.
George Soros sold out his holdings in Home Depot, while John Rogers, Jean-Marie Eveillard, Edward Lampert, Ron Baron, and Tweedy Browne bought more shares.
Director David H. Batchelder bought 3,398,490 shares on 5/21/08 at $26.99 and bought 1,132,907 more shares on 3/17/08 at $25.59. As Director Karen L. Katen bought 5,000 shares on 5/27/08 at $26.83, President Joseph Izganics sold 3,511 shares on 12/11/07 at $29.79.
The Home Depot Inc. has a market cap of $46.51 billion; its shares were traded at around $27.28 with a P/E ratio of 11.62 and P/S ratio of 0.60. The dividend yield of The Home Depot Inc. stocks is 3.3%.
NewMarket Corp. (NEU): Director Bruce C. Gottwald Bought 193,660 Shares
NewMarket Corporation (NEU) manufactures chemical additives for petroleum products in two segments: Petroleum Additives and TEL. NewMarket set their dividend at $0.20 a share for the quarter. NewMarket’s earnings rose 22% to $19.8 million or $1.27 a share from $16.2 million or $0.93 a share for the quarter, on a revenue growth of 23% to $382.4 million.
Director Bruce C. Gottwald bought 193,660 shares during the past week at $72.92.
NewMarket Corp. has a market cap of $1.18 billion; its shares were traded at around $72.92 with a P/E ratio of 12.72 and P/S ratio of 0.78. The dividend yield of NewMarket Corp. stocks is 1.2%.
The Colonial BancGroup Inc. (CNB): Director Milton E Mcgregor Bought 500,000 Shares
The Colonial BancGroup, Inc. (CNB) operates as the holding company for Colonial Bank. The company raised $333 million in capital from public stock offerings. Colonial BancGroup’s quarterly profit dropped 32% to $24.8 million or $0.16 a share from $36.5 million or $0.24 a share from 2007. The holding bank set aside $35.5 million for provisional loan losses. CNB reduced the quarter’s dividend to $0.095 from $0.19 per share.
Arnold Schneider bought 174,841 shares in the quarter that ended on 3/31/08.
Director Milton E. Mcgregor bought 500,000 shares of CNB stock on 5/23/08 at $6.37 and 200,000 shares on 4/21/08 at $8. Other buys were made between $6.45 and $13.55 since December: CEO Robert E. Lowder bought 1,000,000 shares; Director Clinton O. Holdbrooks bought 80,000 shares; Director Lewis E. Beville bought 28,500 shares; CFO Sarah H. Moore bought 18,487 shares; Director Deborah L. Linden bought 5,000 shares; Director William E. Powell bought 3,000 shares; Directors Hubert L. Harris and Augustus K. Clements III each bought 2,000 shares; Chief Legal Officer David B. Byrne Jr. bought 1,500 shares; and lastly, Director John C. H. Miller Jr. bought 1,000 shares .
The Colonial BancGroup Inc. has a market cap of $1.17 billion; its shares were traded at around $6 with a P/E ratio of 5.31 and P/S ratio of 1.43. The dividend yield of The Colonial BancGroup Inc. stocks is 5.7%.
Cash America International Inc. (CSH): President of Internet Services, Albert Goldstein Bought 57,400 Shares
Cash America International, Inc. (CSH) operates pawnshops and provides pawn loans, short-term cash advances, check cashing services, and other specialty financial services. The company cut their 2008 earnings outlook down to $2.85 and $3 per share, as new legislation in Ohio limits and forces more regulations on payday lenders like Cash America. The company made plans to close 140 stores in the state of Ohio, which means a reduction of $0.45 per share in earnings. .
George Soros reduced his Cash America holdings by 22%; he owns 60,257 shares as of 3/31/08.
President Albert Goldstein bought 57,400 shares on 5/20/08 at $35.03.
Sells were made by other insiders between $34.59 and $45.11 as of February.
CEO and President, Director Daniel R. Feehan sold a total of 150,000 shares; EVP Robert D. Brockman sold 20,905 shares; Director A. R. Dike sold 5,000 shares; President Jerry Alan Wackerhagen sold 2,360 shares; Director B. D. Hunter sold 2,500 shares.
Cash America International Inc. has a market cap of $1.02 billion; its shares were traded at around $35.03 with a P/E ratio of 12.26 and P/S ratio of 1.07. The dividend yield of Cash America International Inc. stocks is 0.4%.
Campbell Soup Company (CPB): Director George Strawbridge Jr. Bought 30,150 Shares
Campbell Soup Company (CPB) divested its Godiva segment to Yildiz Holding AS for $850 million, and made $467 million after taxes. Campbel Soup’s earnings for the quarter were up at $532 million or $1.40 a share compared to $217 million or $0.55 in the prior year. Despite 7.4% revenue growth to $1.88 billion from $1.75 billion, quarterly results were below analysts’ expectations. The 3% decline in soup sales and rise of base material costs were to blame.
Director George Strawbridge Jr. bought 30,150 shares on 5/22/08 at $33.45.
As of December, President and CEO, Director Douglas R. Conant sold a total of 185,774 shares between $34.15 and $36.56; and SVP Doreen A. Wright sold 45,000 shares between $33.35 and $34.52.
U.S. Campbell Soup Company has a market cap of $12.47 billion; its shares were traded at around $33.06 with a P/E ratio of 15.57 and P/S ratio of 1.54. The dividend yield of Campbell Soup Company stocks is 2.6%.
The Home Depot Inc. (HD): Director David H. Batchelder Bought 3,398,490 Shares
Home Depot, Inc. (HD) sets their quarterly dividend at 22.5 cents a share. Quarter that ended in beginning of May, the home improvement chain reported 6.5% decline in same-store-sales and 3.4% revenue drop to $17.91 billion. Home Depot’s profits declined 66% to $356 million or $0.21 a share compared to $1.05 billion or $0.53 a share in the first quarter of 2007. The company shares have lost 30% its value within the past 52-weeks.
George Soros sold out his holdings in Home Depot, while John Rogers, Jean-Marie Eveillard, Edward Lampert, Ron Baron, and Tweedy Browne bought more shares.
Director David H. Batchelder bought 3,398,490 shares on 5/21/08 at $26.99 and bought 1,132,907 more shares on 3/17/08 at $25.59. As Director Karen L. Katen bought 5,000 shares on 5/27/08 at $26.83, President Joseph Izganics sold 3,511 shares on 12/11/07 at $29.79.
The Home Depot Inc. has a market cap of $46.51 billion; its shares were traded at around $27.28 with a P/E ratio of 11.62 and P/S ratio of 0.60. The dividend yield of The Home Depot Inc. stocks is 3.3%.
NewMarket Corp. (NEU): Director Bruce C. Gottwald Bought 193,660 Shares
NewMarket Corporation (NEU) manufactures chemical additives for petroleum products in two segments: Petroleum Additives and TEL. NewMarket set their dividend at $0.20 a share for the quarter. NewMarket’s earnings rose 22% to $19.8 million or $1.27 a share from $16.2 million or $0.93 a share for the quarter, on a revenue growth of 23% to $382.4 million.
Director Bruce C. Gottwald bought 193,660 shares during the past week at $72.92.
NewMarket Corp. has a market cap of $1.18 billion; its shares were traded at around $72.92 with a P/E ratio of 12.72 and P/S ratio of 0.78. The dividend yield of NewMarket Corp. stocks is 1.2%.
The Colonial BancGroup Inc. (CNB): Director Milton E Mcgregor Bought 500,000 Shares
The Colonial BancGroup, Inc. (CNB) operates as the holding company for Colonial Bank. The company raised $333 million in capital from public stock offerings. Colonial BancGroup’s quarterly profit dropped 32% to $24.8 million or $0.16 a share from $36.5 million or $0.24 a share from 2007. The holding bank set aside $35.5 million for provisional loan losses. CNB reduced the quarter’s dividend to $0.095 from $0.19 per share.
Arnold Schneider bought 174,841 shares in the quarter that ended on 3/31/08.
Director Milton E. Mcgregor bought 500,000 shares of CNB stock on 5/23/08 at $6.37 and 200,000 shares on 4/21/08 at $8. Other buys were made between $6.45 and $13.55 since December: CEO Robert E. Lowder bought 1,000,000 shares; Director Clinton O. Holdbrooks bought 80,000 shares; Director Lewis E. Beville bought 28,500 shares; CFO Sarah H. Moore bought 18,487 shares; Director Deborah L. Linden bought 5,000 shares; Director William E. Powell bought 3,000 shares; Directors Hubert L. Harris and Augustus K. Clements III each bought 2,000 shares; Chief Legal Officer David B. Byrne Jr. bought 1,500 shares; and lastly, Director John C. H. Miller Jr. bought 1,000 shares .
The Colonial BancGroup Inc. has a market cap of $1.17 billion; its shares were traded at around $6 with a P/E ratio of 5.31 and P/S ratio of 1.43. The dividend yield of The Colonial BancGroup Inc. stocks is 5.7%.
Cash America International Inc. (CSH): President of Internet Services, Albert Goldstein Bought 57,400 Shares
Cash America International, Inc. (CSH) operates pawnshops and provides pawn loans, short-term cash advances, check cashing services, and other specialty financial services. The company cut their 2008 earnings outlook down to $2.85 and $3 per share, as new legislation in Ohio limits and forces more regulations on payday lenders like Cash America. The company made plans to close 140 stores in the state of Ohio, which means a reduction of $0.45 per share in earnings. .
George Soros reduced his Cash America holdings by 22%; he owns 60,257 shares as of 3/31/08.
President Albert Goldstein bought 57,400 shares on 5/20/08 at $35.03.
Sells were made by other insiders between $34.59 and $45.11 as of February.
CEO and President, Director Daniel R. Feehan sold a total of 150,000 shares; EVP Robert D. Brockman sold 20,905 shares; Director A. R. Dike sold 5,000 shares; President Jerry Alan Wackerhagen sold 2,360 shares; Director B. D. Hunter sold 2,500 shares.
Cash America International Inc. has a market cap of $1.02 billion; its shares were traded at around $35.03 with a P/E ratio of 12.26 and P/S ratio of 1.07. The dividend yield of Cash America International Inc. stocks is 0.4%.
Campbell Soup Company (CPB): Director George Strawbridge Jr. Bought 30,150 Shares
Campbell Soup Company (CPB) divested its Godiva segment to Yildiz Holding AS for $850 million, and made $467 million after taxes. Campbel Soup’s earnings for the quarter were up at $532 million or $1.40 a share compared to $217 million or $0.55 in the prior year. Despite 7.4% revenue growth to $1.88 billion from $1.75 billion, quarterly results were below analysts’ expectations. The 3% decline in soup sales and rise of base material costs were to blame.
Director George Strawbridge Jr. bought 30,150 shares on 5/22/08 at $33.45.
As of December, President and CEO, Director Douglas R. Conant sold a total of 185,774 shares between $34.15 and $36.56; and SVP Doreen A. Wright sold 45,000 shares between $33.35 and $34.52.
U.S. Campbell Soup Company has a market cap of $12.47 billion; its shares were traded at around $33.06 with a P/E ratio of 15.57 and P/S ratio of 1.54. The dividend yield of Campbell Soup Company stocks is 2.6%.
