Weekly Top Insider Buys: Sears Holdings Corp., TFS Financial Corp., Quality Systems Inc., Novell Inc., and Cabot Corp.

Weekly Top Insider Buys: SHLD, TFSL, QSII, NOVL, CBT

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Sep 20, 2009
Weekly report of top insider buys: Sears Holdings Corp. (SHLD, Financial), TFS Financial Corp. (TFSL, Financial), Quality Systems Inc. (QSII, Financial), Novell Inc. (NOVL, Financial), and Cabot Corp. (CBT, Financial)

Sears Holdings Corp. (SHLD): Director William Charles Iii Kunkler Bought 20,000 Shares

Director of Sears Holdings Corp., William Charles Iii Kunkler, bought 20,000 shares on 9/16/2009 at an average price of $68.09.

Sears Holdings Corporation, the parent of Kmart and Sears Roebuck and Co., is the leading home appliance retailer in North America and is a retail sales leader in tools, lawn, and garden home electronics and automotive repair and maintenance. Sears Holdings Corp. has a market cap of $8.17 billion; its shares were traded at around $68.09 with a P/E ratio of 26.2 and P/S ratio of 0.2. Sears Holdings Corp. had an annual average earning growth of 45% over the past 5 years.

On August 20, 2009, Sears Holdings Corporation released financial results for the second quarter of 2009. Results included a net loss attributable to Holdings' shareholders for the quarter of $94 million ($0.79 per diluted share) as compared to net income attributable to Holdings' shareholders of $65 million ($0.50 per diluted share) in the second quarter of 2008 and reductions in selling and administrative expenses, adjusted for significant items discussed below, of $212 million during the second quarter of fiscal 2009 as compared to the same quarter in 2008;

Sears Holdings Corp. is in the portfolios of five Gurus: Edward Lampert, Michael Price, Steve Mandel, Bruce Berkowitz, and Lee Ainslie.

Last week, Buy: Director William Charles Iii Kunkler bought 20,000 shares of SHLD stock at the average price of $65.6; the price of the stock has increased by 3.8% since.

TFS Financial Corp. (TFSL): Director Thomas J Baird Bought 4,150 Shares

Director of TFS Financial Corp., Thomas J Baird, bought 4,150 shares on 9/15/2009 at an average price of $11.71.

TFS Financial Corporation, a federally chartered, stock holding company, conducts its activities through its wholly owned subsidiaries. TFS Financial Corp. has a market cap of $3.61 billion; its shares were traded at around $11.71 with a P/E ratio of 90 and P/S ratio of 6.1. The dividend yield of Tfs Financial Corp. stocks is 2.4%.

On August 5, TFS Financial Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2009. For the quarter, the company reported net income of $10.0 million or $0.03 basic and diluted per share compared to net income of $6.8 million or $0.02 basic and diluted per share for the three months ended June 30, 2008.

Michael Price owns 276,500 shares of TFS Financial Corp. as of 6/30/2009, an increase of 20.22% from the previous quarter. This position accounts for 1.03% of the $285 million portfolio of MFP Investors LLC.

Last week, Buy: Director Thomas J Baird bought 4,150 shares of TFSL stock at the average price of $11.49; the price of the stock has increased by 1.91% since.

Quality Systems Inc. (QSII): Director Russell Pflueger Bought 2,000 Shares

Director of Quality Systems Inc., Russell Pflueger, bought 2,000 shares on 9/15/2009 at an average price of $59.54.

Quality Systems Inc. is one of the leading developers and providers of computer-based practice management systems for medical and dental group practices. Its two wholly-owned subsidiaries are Clinitec International Inc. and MicroMed Healthcare Information Systems Inc. Clinitec is a developer and provider of electronic medical records systems, and MicroMed provides enterprise practice management systems and services to the medical marketplace. Quality Systems Inc. has a market cap of $1.7 billion; its shares were traded at around $59.54 with a P/E ratio of 36.3 and P/S ratio of 6.9. The dividend yield of Quality Systems Inc. stocks is 2%. Quality Systems Inc. had an annual average earning growth of 46.5% over the past 10 years. GuruFocus rated Quality Systems Inc. the business predictability rank of 4.5-star.

On July 30, Quality Systems, Inc. announced the results of operations for its fiscal 2010 first quarter ended June 30, 2009. The Company posted record net revenues of $66.6 million in the first quarter, an increase of 21% from the $55.2 million generated during the same quarter of the prior year. Net income was $10.3 million, down 7% when compared to net income of $11.1 million earned in the comparable quarter of the prior year.

Sell: CFO Paul Holt sold 3,250 shares of QSII stock total June through August; the price of the stock has increased by 10.26% since his latest sell. Buy: Director Russell Pflueger bought 2,000 shares on 9/15/09; Buy: Director Joseph Davis bought 500 shares the same month. Buy: Director George H Bristol bought 1,000 shares in August, and Sell: President, NextGen Patrick Cline sold 42,500 shares in April.

Novell Inc. (NOVL): Director Kathy Brittain White Bought 12,100 Shares

Director of Novell Inc., Kathy Brittain White, bought 12,100 shares on 9/14/2009 at an average price of $4.78.

Novell Inc. delivers infrastructure software for the Open Enterprise. Novell is a leader in enterprise-wide operating systems based on Linux and open source and provides the enterprise management services required to operate mixed IT environments. Novell helps customers minimize cost complexity and risk allowing them to focus on innovation and growth. Novell Inc. has a market cap of $1.65 billion; its shares were traded at around $4.78 with a P/E ratio of 19.9 and P/S ratio of 1.7.

Novell Inc. recently announced financial results for its third fiscal quarter ended July 31, 2009. Net revenue was $216 million, compared to net revenue of $245 million for the third fiscal quarter of 2008. GAAP net income was $17 million, or $0.05 per share. This compares to GAAP net loss of $15 million, or $0.04 loss per share, for the third fiscal quarter of 2008.

HOTCHKIS & WILEY owns 7,037 ,400 shares of Novell Inc. as of 6/30/2009, which accounts for 0.27% of the $11.61 billion portfolio of HOTCHKIS & WILEY Capital Management LLC.

Last week, Buy: Director Kathy Brittain White bought 12,100 shares at the average price of $4.4; the price of the stock has increased by 8.64% since.

Cabot Corp. (CBT): Director Ronaldo H Schmitz Bought 5,000 Shares

Director of Cabot Corp., Ronaldo H Schmitz, bought 5,000 shares on 9/14/2009 at an average price of $23.

Cabot Corporation is a global specialty chemicals and materials company. Cabot's major products are carbon, black fumed silica, inkjet colorants, and aero-gels. Cabot has manufacturing plants located in countries around the world. Corp. has a market cap of $1.5 billion; its shares were traded at around $23 with a P/E ratio of 328.6 and P/S ratio of 0.4. The dividend yield of Cabot Corp. stocks is 3.1%. Cabot Corp. had an annual average earning growth of 4.2% over the past 5 years.

On July 29, Cabot Corp. announced financial results or the third quarter of fiscal 2009. The company reported a net loss of $12 million (a loss of$0.19 per common share from continuing operations). Adjusted EPS was income of $0.06 per common share, excluding $0.25 per common share of certain items principally related to restructuring charges.

Last week, Buy: Director Ronaldo H Schmitz bought 5,000 shares of CBT stock; the price of the stock has increased by 10.84% since. Sell: Vice President Sean D Keohane sold 13,209 shares the same week. Sell: Vice President,General Counsel Brian A Berube sold 18,492 shares in June; Sell: 10% Owner Advisory Corp Spo and Sell: Executive Vice President William J Brady both sold shares in May.

For the complete list of stocks that bought by their company executives, go to: Insider Buys.