Weekly Top Insider Buys: AT&T, Abbott Laboratories, McDonald's, Kraft Foods, and St. Jude Medical

Top Insider Buys of the Last Week

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May 17, 2009
Weekly highlight of top insider buys: AT&T Inc. (T, Financial), Abbott Laboratories (ABT, Financial), McDonald's Corp. (MCD, Financial), Kraft Foods Inc. (KFT, Financial), and St. Jude Medical Inc. (STJ, Financial). For the complete list of stocks that bought by their company executives, go to: Insider Buys.

AT&T Inc. (T): Director Jaime Chico /fa Pardo Bought 6,200 Shares

Director of AT&T Inc. (T) Jaime Chico /fa Pardo bought 6,200 shares on 5/13/2009 at an average price of $24.88.

AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates AT&T operating companies are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services, the nation's fastest 3G network, and the best wireless coverage. AT&T Inc. has a market cap of $146.63 billion; its shares were traded at around $24.88 with a P/E ratio of 9.6 and P/S ratio of 1.2. The dividend yield of AT&T Inc. stocks is 6.6%. AT&T Inc. had an annual average earning growth of 12.7% over the past 5 years.

On April 22, 2009, AT&T Inc. reported results for the first quarter of 2009. For the quarter ended March 31, 2009, AT&T's consolidated revenues totaled $30.6Â billion versus $30.7Â billion in the year-earlier quarter. First-quarter 2009 net income attributable to AT&T totaled $3.1Â billion versus $3.5Â billion in the year-earlier quarter, and earnings per diluted share totaled $0.53, compared with $0.57 in the first quarter of 2008.

AT&T Inc. is owned by George Soros, David Dreman, PRIMECAP Management, Tweedy Browne, Brian Rogers, John Paulson, Richard Aster Jr., Dodge & Cox, Charles Brandes, Irving Kahn, Mark Hillman, NWQ Managers, Richard Pzena, and Kenneth Fisher. Joel Greenblatt sold our his holdings in the quarter that ended on 12/31/2008.

Buy: Director Jaime Chico /fa Pardo bought 6,200 shares of T stock on last week; the price of the stock has decreased by 1.31% since. Buy: Director William F Iii Aldinger bought 4,000 shares in February and the price has increased by 9.12%.

Abbott Laboratories (ABT): Director William A Osborn Bought 2,000 Shares

Director of Abbott Laboratories (ABT) William A Osborn bought 2,000 shares on 5/07/2009 at an average price of $43.32.

Abbott Laboratories is a global broad-based health care company devoted to discovering new medicines, new technologies, and new ways to manage health. Abbott products span from nutritional products and laboratory diagnostics through medical devices and pharmaceutical therapies. Abbott Laboratories has a market cap of $66.95 billion; its shares were traded at around $43.32 with a P/E ratio of 12.6 and P/S ratio of 2.2. The dividend yield of Abbott Laboratories stocks is 3.8%. Abbott Laboratories had an annual average earning growth of 4.4% over the past 10 years. GuruFocus rated Abbott Laboratories the business predictability rank of 5-star.

Abbott Laboratories recently reported results for the first quarter of 2009. Diluted earnings per share, excluding specified items, were $0.73, reflecting 15.9 percent growth. Worldwide operational sales, which excludes an unfavorable 6.1 percent effect of exchange rates, increased 5.4 percent.

Abbott Laboratories is owned by 8 Gurus. They include: Ken Heebner, Kenneth Fisher, John Keely, Robert Bruce, Prem Watsa, Edward Owens, Dodge & Cox, and Richard Aster Jr.

Sell: Chairman and CEO Miles D White sold 466,660 shares of ABT stock through January to March and the price of the stock has decreased by 8.8% since his last sell. Buy: Director William A Osborn bought 2,000 shares in May and Buy: Director Glenn F Tilton bought 2,000 shares in April. Sell: Senior Vice President Mary T Szela , Sell: Senior Vice President Robert B Hance and Sell: Director Boone Jr Powell all sold shares of ABT stock in the last three months.

McDonald's Corp. (MCD): Director Miles D White Bought 5,000 Shares

Director of McDonald's Corp. (MCD) Miles D White bought 5,000 shares on 5/14/2009 at an average price of $53.46.

McDonald's Corporation develops, operates, franchises, and services a worldwide system of restaurants that prepare assemble package and sell a limited menu of value-priced foods. The company operates primarily in the quick-service hamburger restaurant business. McDonald's Corp. has a market cap of $59.53 billion; its shares were traded at around $53.46 with a P/E ratio of 14.5 and P/S ratio of 2.6. The dividend yield of McDonald's Corp. stocks is 3.7%. McDonald's Corp. had an annual average earning growth of 7.2% over the past 10 years.

On April 22, 2009, McDonalds Corp. released results for the first quarter of 2009. Total revenue was $5,077.4 million compared to $5, 614.8 million of 2008. Net income was $979.5 million compared to $946.1 million.

McDonald's Corp. is owned by Ruane Cunniff, Jean-Marie Eveillard, Richard Aster Jr, Robert Olstein, Bill Nygren, Dodge & Cox, Kenneth Fisher, Ken Heebner, and Ron Baron.

Sell: Vice Chairman and CEO James A Skinner sold 150,000 shares of MCD stock on last week and the price of the stock has decreased by 0.19% since. Buy: Director Miles D White also bought shares last week. Sell: Director Jeanne P Jackson , Sell: Director Roger W Stone , and Sell: Corp Exec VP, Chf Mktg Officer Mary Dillon sold shares in April, March, and December respectively.

Kraft Foods Inc. (KFT): Director Frank G Zarb Bought 2,500 Shares

Director of Kraft Foods Inc. (KFT) Frank G Zarb bought 2,500 shares on 5/14/2009 at an average price of $24.8.

Kraft Foods Inc. is the largest branded food and beverage company headquartered in the U.S. and the second largest in the world. Brands include Kraft, Nabisco, Oscar Mayer, Post, Maxwell House, Philadelphia, and Jacobs. Kraft Foods Inc. has a market cap of $36.44 billion; its shares were traded at around $24.8 with a P/E ratio of 13 and P/S ratio of 0.9. The dividend yield of Kraft Foods Inc. stocks is 4.8%.

On May 5, 2009, Kraft Foods Inc. posted financial results for the first quarter of 2009. Net revenues declined 6.5 percent to $9.4 billion, including the unfavorable impact of 7.9 percentage points from currency and 0.9 percentage points from divestitures.

Kraft Foods Inc. is in the portfolios of Prem Watsa, Hotchkis & Wiley, Brian Rogers, Ruane Cunniff, Warren Buffett, Jean-Marie Eveillard, Tweedy Browne, Dodge & Cox, NWQ Managers, Richard Pzena, and Richard Aster Jr.

Buy: Director Frank G Zarb bought 2,500 shares of KFT stock last week. The price of the stock has decreased by 0.84% since. Sell: EVP & Chief Marketing Off West Mary E Stone sold 4,177 shares in February and the price of the stock has decreased by 4.83%.

St. Jude Medical Inc. (STJ): Director John W Brown Bought 10,000 Shares

Director of St. Jude Medical Inc. (STJ) John W Brown bought 10,000 shares on 05/07/2009 at an average price of $37.11.

St. Jude Medical Inc. is dedicated to making life better for cardiac neurological and chronic pain patients worldwide through excellence in medical device technology and services. The Company has five major focus areas that include cardiac rhythm management, atrial fibrillation, cardiac surgery, cardiology, and neuromodulation. St. Jude Medical Inc. has a market cap of $12.85 billion; its shares were traded at around $37.11 with a P/E ratio of 15.9 and P/S ratio of 2.9. St. Jude Medical Inc. had an annual average earning growth of 19.5% over the past 10 years. GuruFocus rated St. Jude Medical Inc. the business predictability rank of 4.5-star.

St. Jude Medical Inc. recently reported net sales of $1.134 billion in the first quarter of 2009, an increase of 12 percent compared with the $1.011 billion in the first quarter of 2008. Revenue for the first quarter increased 17 percent after adjusting for the impact of foreign currency.

St. Jude Medical Inc. is owned by 5 Gurus. They are: John Paulson, Jean-Marie Eveillard, Ken Heebner, Edward Owens, Adreas Halvorsen, and John Hussman.

Sell: President, CEO & Chairman, Director Daniel J Starks sold 80,000 shares of STJ stock on 2/05/2009; the price of the stock has increased by 0.79% since. Sell: Executive VP & CFO John C Heinmiller sold 50,000 shares this month and the price increased by 5.91% since.

Buy: Director John W Brown and Buy: President, ANS Division Christopher G Chavez both bought shares this month. Buy: Director Barbara B Hill bought 1,450 shares of STJ stock in April; the price increased more than 7%. Sell: Director Thomas H Iii Garrett sold 10,000 shares in May and Sell: Director Stuart Essig sold 10,000 shares in April.