Weekly Top Insider Buys: The Procter & Gamble Company, Verizon Communications Inc., MetLife Inc., Becton Dickinson and Company, and Amphenol Corp.

Weekly Top Insider Buys

Author's Avatar
Aug 08, 2009
Weekly highlight of top insider buys: The Procter & Gamble Company (PG, Financial), Verizon Communications Inc. (VZ, Financial), MetLife Inc. (MET, Financial), Becton Dickinson and Company (BDX, Financial), and Amphenol Corp. (APH, Financial). For the complete list of stocks that bought by their company executives, go to: Insider Buys.

The Procter & Gamble Company (PG): Director W James Jr Mcnerney Bought 3,800 Shares

Director of The Procter & Gamble Company, W James Jr Mcnerney, bought 3,800 shares on 8/06/2009 at an average price of $52.03.

The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. Products fall into five business segments: fabric and home care, paper beauty care, health care, and food and beverage. The Procter & Gamble Company has a market cap of $151.65 billion; its shares were traded at around $52.03 with a P/E ratio of 14.5 and P/S ratio of 1.7. The dividend yield of The Procter & Gamble Company stocks is 3.5%. The Procter & Gamble Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 3-star.

On August 5, The Procter & Gamble Company reported results for the fiscal year ended June 30, 2009. Diluted net earnings per share increased 17 percent for the fiscal year. Core EPS was up eight percent in fiscal 2009. Net sales decreased three percent for the fiscal year to $79.0 billion. Organic sales, which excludes the impacts of acquisitions, divestitures and foreign exchange, grew two percent for the fiscal year.

The Procter & Gamble Company is in the portfolios of thirteen Gurus- Richard Snow, Robert Olstein, Wallace Weitz, Donald Yacktman, PRIMECAP Management, Warren Buffett, Ruane Cunniff, Dodge & Cox, Arnold Van Den Berg, David Dreman, Kenneth Fisher, Chris Davis, and Ron Baron.

In February through May, Sell: COB and CEO Alan G Lafley sold 40,000 shares of PG stock; the price of the stock has decreased by 2.14% since his latest sell. Last week, Buy: Director W James Jr Mcnerney bought 3,800 shares of and the price decreased by 3.43%.

Verizon Communications Inc. (VZ): Director John R Stafford Bought 3,100 Shares

Director of Verizon Communications Inc., John R Stafford, bought 3,100 shares on 7/31/2009 at an average price of $31.08.

Verizon Communications, formed by the merger of Bell Atlantic and GTE, is one of the world's leading providers of high-growth communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States. The company is also the world's largest provider of print and on-line directory information. Verizon Communications Inc. has a market cap of $88.29 billion; its shares were traded at around $31.08 with a P/E ratio of 12.3 and P/S ratio of 0.9. The dividend yield of Verizon Communications Inc. stocks is 5.9%. Verizon Communications Inc. had an annual average earning growth of 2.4% over the past 10 years. GuruFocus rated Verizon Communications Inc. the business predictability rank of 4-star.

On July 27, Verizon Communications Inc. reported results for the second quarter of 2009. Diluted earnings per share (EPS) was 52 cents in the second quarter 2009, compared with 66 cents per share in the second quarter 2008. Verizon’s total operating revenues grew 11.3 percent to $26.9 billion, compared with the second quarter 2008, including revenues from Alltel Corporation, which was acquired in January 2009.Â

Verizon Communications Inc. is owned by ten Gurus: Richard Snow, Jean-Marie Eveillard, Tweedy Browne, Dodge & Cox, Brian Rogers, NWQ managers, Charles Brandes, Kenneth Fisher, Mark Hillman, and David Dreman.

In May, Buy: EVP and Pres. & CEO - VZW JV Lowell C Mcadam bought 16,700 shares of VZ stock; the price of the stock has increased by 1.7% since. Buy: Director John R Stafford and Buy: Director Clarence Jr Otis both bought shares last month and the price increased 3%.

MetLife Inc. (MET): Director Alfred F Jr Kelly Bought 8,700 Shares

Director of MetLife Inc., Alfred F Jr Kelly, bought 8,700 shares on 8/04/2009 at an average price of $36.88.

Metlife Inc. is a leading provider of insurance and financial services to a broad spectrum of individual and institutional customers. MetLife Inc. has a market cap of $30.19 billion; its shares were traded at around $36.88 with a P/E ratio of 17.1 and P/S ratio of 0.6. The dividend yield of MetLife Inc. stocks is 2%. MetLife Inc. had an annual average earning growth of 44.6% over the past 5 years.

On July 30, MetLife, Inc. announced a second quarter 2009 net loss of $1.4 billion, or $1.74 per share. MetLife also reported second quarter 2009 operating earnings of $723 million, or $0.88 per share.

MetLife Inc. is in the portfolios of John Keeley, Richard Pzena, Richard Snow, Sarah Ketterer, David Dreman, Jean-Marie Eveillard, NWQ Managers, David Williams, Richard snow, HOTCHKIS & WILEY, and Ken Heebner.

Last week, Buy: Director Alfred F Jr Kelly bought 8,700 shares of MET stock; the price of the stock has increased by 4% since. Sell: SVP & Secretary Gwenn L Carr sold 1,100 shares in June.

Becton Dickinson and Company (BDX): Director Cathy E. Minehan Bought 3,000 Shares

Director of Becton Dickinson and Company, Cathy E. Minehan, bought 3,000 shares on 8/04/2009 at an average price of $64.42.

Becton Dickinson and Co. is engaged principally in the manufacture and sale of a broad line of supplies, devices, and systems used by health care professionals, medical research institutions, and the general public. Becton Dickinson and Company has a market cap of $15.43 billion; its shares were traded at around $64.42 with a P/E ratio of 13.1 and P/S ratio of 2.2. The dividend yield of Becton Dickinson and Company stocks is 2%. Becton Dickinson and Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Becton Dickinson and Company the business predictability rank of 4-star.

On July 30, Becton Dickinson and Company reported quarterly revenues of $1.820 billion for the third fiscal quarter ended June 30, 2009, representing a decrease of 1.6 percent from the prior-year period. Excluding the unfavorable impact from foreign currency translation, which overall is estimated to account for 7 percentage points, worldwide revenues increased 5 percent.

Becton Dickinson and Company is owned by four Gurus: Chris Davis, Dodge & Cox, Ken Heebner, and Edward Owens.

Last week, Buy: Director Cathy E. Minehan bought 3,000 shares of BDX stock and the price decreased more than 1%. Sell: Director Henry P Jr Becton sold 1,450 shares in June; the price decreased over 4%.

Amphenol Corp. (APH): Director Stanley L Clark Bought 2,000 Shares

Director of Amphenol Corp., Stanley L Clark, bought 2,000 shares on 8/05/2009 at an average price of $33.33.

Amphenol Corporation designs, manufactures, and markets electrical, electronic, and fiber optic connectors, interconnect systems, and coaxial and flat-ribbon cable. The primary end markets for the company's products are communication systems for the converging technologies of voice video and data communications, commercial and military aerospace electronics, applications, and industrial factory automation equipment and automotive and mass transportation applications. Amphenol Corp. has a market cap of $5.71 billion; its shares were traded at around $33.33 with a P/E ratio of 16.6 and P/S ratio of 1.8. The dividend yield of Amphenol Corp. stocks is 0.2%. Amphenol Corp. had an annual average earning growth of 21.9% over the past 5 years.

On July 16, Amphenol Corp. posted results for the second quarter of 2009. Sales decreased by 19% to $685.2 million, compared to $846.8 million for the second quarter of 2008.

Amphenol Corp. is in the portfolio of Jean-Marie Eveillard.

Buy: Director Stanley L Clark bought 2,000 shares of APH stock last week and Buy: Director Dean H Secord bought 300 shares in July.