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Weekly Top Insider Buys: Monsanto Company, White Mountains Insurance Group Ltd., International Speedway Corp., Liberty Global Inc.

October 19, 2008 | About:

Weekly highlight of top insider buys: Monsanto Company (MON), White Mountains Insurance Group Ltd. (WTM), International Speedway Corp. (ISCA), Liberty Global Inc. (LBTYA)

Monsanto Company (MON): Director William U Parfet Bought 53,600 Shares

Monsanto is a leading global provider of technology-based solutions and agricultural products for growers and downstream customers such as grain processors and consumers in the agricultural markets. The combination of its herbicides seeds and related genetic trait products provides growers with integrated solutions to more efficiently and cost effectively produce crops at higher yields while controlling weeds insects and diseases.

Monsanto Company is earning recognition as a leader in biotechnology not just for its ground-breaking products, but also for being a great place to work. The company was recently recognized as a Top Biotechnology Employer by Science Magazine.

Monsanto Company is owned by 8 Gurus. As of 6/30/2008, George Soros owns 145,000 shares, which accounts for 0.74% of the $2.47 billion portfolio of Soros Fund Management LLC. Chris Davis owns 83,300 shares, which accounts for 0.01% of the $81.83 billion portfolio of Davis Selected Advisers. Kenneth Fisher owns 233,005 shares, which accounts for 0.08% of the $38.68 billion portfolio of Fisher Asset Management, LLC. Irving Kahn owns 24,197 shares, which accounts for 0.65% of the $473 million portfolio of Kahn Brothers & Company Inc. Primecap Management owns 14,667,108 shares, which accounts for 3.05% of the $60.81 billion portfolio of Primecap Management. Steve Mandel owns 1,811,400 shares, which accounts for 3.36% of the $6.82 billion portfolio of Lone Pine Capital.

Chairman, President & CEO, Director Hugh Grant sold 150,000 shares of MON stock on 10/15/2008 at the average price of $81.67; the price of the stock has decreased by 4.19% since. Director William U Parfet bought 53,600 shares of MON stock last week; the price of the stock has decreased by 15.79% since. EVP Commercial Acceptance Gerald A Steiner and EVP-Global Commercial Brett D Begemann sold shares of MON stock in October and May respectively.

Monsanto Company has a market cap of $43.96 billion; its shares were traded at around $78.25 with a P/E ratio of 22.11 and P/S ratio of 3.78. The dividend yield of Monsanto Company stocks is 1.22%.

White Mountains Insurance Group Ltd. (WTM): Chairman of the Board Raymond Joseph Rene Barrette Bought 6,061 Shares

White Mountains Insurance Group Ltd. is engaged in the business of property and casualty insurance and reinsurance.

White Mountains Insurance Group, Ltd. announced on Monday, October 13 that it expects its adjusted book value per share at September 30, 2008 to be between $400 and $420, a reduction from $444 at June 30, 2008. The reduction is due mainly to a 5% drop in the value of invested assets during the quarter.

White Mountains Insurance Group Ltd. is owned by four Gurus. As of 6/30/2008, Tom Gayner owns 118,300 shares, which accounts for 3.35% of the $1.52 billion portfolio of Markel Gayner Asset Management Corp. Dodge & Cox owns 1,500 shares, which accounts for less than 0.01% of the $107.5 billion portfolio of Dodge & Cox. Chris Davis owns 1,925 shares, which accounts for less than 0.01% of the $81.83 billion portfolio of Davis Selected Advisers. Bruce Berkowitz owns 7,274 shares, which accounts for 0.04% of the $8.74 billion portfolio of Fairholme Capital Managment. Martin Whitman and Third Avenue Management sold out their holdings in the same quarter.

CEO - WTM Re, Director Allan Lewis Waters bought 1,600 shares of WTM stock on 10/13/2008 at the average price of $330; the price of the stock has decreased by 3.92% since. Chairman of the Board Raymond Joseph Rene Barrette and Vice Pre. & General Counsel Robert Lawrence Seelig bought shares of WTUM in October and June respectively; the price per share has decreased by over 3% since.

White Mountains Insurance Group Ltd. has a market cap of $3.5 billion; its shares were traded at around $317.05 with a P/E ratio of 24.17 and P/S ratio of 0.77. The dividend yield of White Mountains Insurance Group Ltd. stocks is 2.69%.

International Speedway Corp. (ISCA): Group Member Circle Group Limited P Capital Bought 40,100 Shares

International Speedway Corporation's operations consist principally of racing events at its motor sports facilities which generate revenue primarily through sales of admissions to racing events, television broadcast rights, fees, sponsorship, hospitality rentals, royalties from licenses of trademarks, and provides catering souvenir and food concession services at certain facilities.

International Speedway Corp. said on Thursday its third-quarter profit quadrupled from results depressed by special items a year ago, and cautioned that the weak economy is holding back spending by racing fans. Revenue rose 9 percent to $213.2 million from $195.6 million a year ago. The latest earnings included a tax benefit of $3.5 million, or 7 cents per share.

International Speedway Corp. is owned by three Gurus. As of 6/30/08, David Dreman owns 287,884 shares, which accounts for 0.08% of the $13.43 billion portfolio of Dreman Value Management. Jean-Marie Eveillard owns 2,604,300 shares, which accounts for 0.91% of the $11.2 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Chuck Akre owns 7,625 shares, which accounts for 0.02% of the $1.45 billion portfolio of Akre Capital Management, LLC. Tom Gayner sold out his holdings in the same quarter.

Group Members Sharon M France, Jayce Camron France, James C France, William Carter France, Lauren Dare France, Jamison C France, Brian Z France, Betty Jane France, Amy L France, and Holder Co J all bought 13,000 shares of ISCA stock on 10/15/2008 at the average price of $26.52; the price of the stock has decreased by 0.49% since.

International Speedway Corp. has a market cap of $1.31 billion; its shares were traded at around $26.39 with a P/E ratio of 10.97 and P/S ratio of 1.54. The dividend yield of International Speedway Corp. stocks is 0.43%.

Liberty Global Inc. (LBTYA): Director Paul A Gould Bought 60,000 Shares

Liberty Global owns interests primarily in broadband distribution and content companies operating outside the continental U.S. principally in Europe Asia and Latin America. Through its subsidiaries and affiliates Liberty Global is one of the largest cable television operators in terms of subscribers outside the United States.

Liberty Global Inc. announced on Wednesday, October 15 that it had repurchased 1 million shares of LGI Series C common stock John Malone, its chairman of board. The purchase price was $18 per share, making the transaction worth $18 million. The deal was disclosed in a filing with the Securities and Exchange Commission.

Liberty Global Inc. is owned by 2 Gurus. As of 6/30/08, Jean-Marie Eveillard owns 142,717 shares, which accounts for 0.04% of the $11.2 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC, and Dodge & Cox owns 9,596,379 shares, which accounts for 0.28% of the $107.5 billion portfolio of Dodge & Cox.

President & CEO, Director Michael T Fries bought 6,525 shares of LBTYA stock on 06/26/2008 at the average price of $30.56; the price of the stock has decreased by 41.23% since. Sr Vice President & Co-CFO Bernard G Dvorak sold 138,661 shares of LBTYA stock on 08/28/2008 at the average price of $34; the price of the stock has decreased by 47.18% since. Sr Vice President & Co-CFO Charles H R Bracken sold 28,769 shares of LBTYA stock on 06/09/2008 at the average price of $34.39; the price of the stock has decreased by 47.78% since.

Directors Paul A Gould and J David Wargo bought shares of Liberty Global Inc. in the past few months; the price per shares has decreased more than 5% since. Directors J David Wargo and Gene W Shneider, and Senior Vice President Frederick G III Westerman sold shares of Liberty Global Inc. in October; the price per share has decreased more than 19% since.

Liberty Global Inc. has a market cap of $5.6 billion; its shares were traded at around $17.96 with a P/E ratio of 136.89 and P/S ratio of 0.55.

  • 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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