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Weekly Top Insider Buys: WalMart Stores Inc., American Express Company, The Williams Companies Inc., KeyCorp, and International Game Technology

March 21, 2010 | About:
Weekly highlight of top insider buys: WalMart Stores Inc. (WMT), American Express Company (AXP), The Williams Companies Inc. (WMB), KeyCorp (KEY), and International Game Technology (IGT).



WalMart Stores Inc. (WMT): Director James Breyer Bought 5,000 Shares



Director of WalMart Stores Inc., James Breyer, bought 5,000 shares on 3/18/10 at an average price of $55.34.

Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores Inc. has a market cap of $210.86 billion; its shares were traded at around $55.34 with a P/E ratio of 15.1 and P/S ratio of 0.5. The dividend yield of Walmart Stores Inc. stocks is 2.2%. Walmart Stores Inc. had an annual average earning growth of 10.3% over the past 10 years. GuruFocus rated Walmart Stores Inc. the business predictability rank of 5-star.

On Feb 18, Wal-Mart Stores, Inc. reported financial results for the quarter ended Jan. 31, 2010. Net sales for the fourth quarter of fiscal year 2010 were $112.8 billion, an increase of 4.6 percent from $107.9 billion in the fourth quarter last year. Net sales for the fourth quarter included a currency exchange rate benefit of $1.9 billion. Income from continuing operations attributable to Walmart for the quarter was $4.7 billion, an increase of almost 24 percent from $3.8 billion in the fourth quarter last year.



WalMart Stores Inc. is in the portfolios of 23 Gurus, including Brian Rogers, Richard Perry, Ken Heebner, Private Capital, Donald Yacktman, and Tweedy Browne.



Sell:: President and CEO Michael T Duke sold 16,475 shares of WMT stock in November. Last week, Buy:: Director James Breyer bought 5,000 shares and Sell:: Chairman of Exec. Committee H Lee Scott Jr sold 102,367 shares. Sell:: Vice Chairman Wright Eduardo Castro sold 17,000 shares in December.



American Express Company (AXP): Director Robert D Walter Bought 20,000 Shares

Director of American Express Company, Robert D Walter, bought 20,000 shares on 3/12/10 at an average price of $40.33.

American Express Company is primarily engaged in the business of providing travel related services, financial advisory services and international banking services throughout the world. American Express Company has a market cap of $48.26 billion; its shares were traded at around $40.33 with a P/E ratio of 28.1 and P/S ratio of 2. The dividend yield of American Express Company stocks is 1.8%.



On January 21, 2010 - American Express Company reported fourth-quarter income from continuing operations of $710 million, up 132 percent from $306 million a year ago. Diluted earnings per share from continuing operations were $0.59, up 127 percent from $0.26 a year ago. Net income totaled $716 million for the quarter, up 198 percent from $240 million a year ago. Diluted per-share net income of $0.60 was up 186 percent from $0.21 a year ago. Consolidated revenues net of interest expense were $6.5 billion, on par with the year-ago quarter.



American Express Company is owned by 18 Gurus, including Ron Baron, Ruane Cunniff, Warren Buffett, Brian Rogers, Arnold Van Den Berg, and Tom Gayner.



Sell:: CEO, U.S. Consumer Division Judson C Linville sold 47,091 shares of AXP stock in December. Last week, Buy:: Director Robert D Walter bought 20,000 shares of AXP stock.



The Williams Companies Inc. (WMB): Director Joseph R Cleveland Bought 3,000 Shares

Director of The Williams Companies Inc., Joseph R Cleveland, bought 3,000 shares on 3/16/10 at an average price of $22.53.

Williams Companies moves, manages and markets a variety of energy products, including natural gas, liquid hydrocarbons, petroleum and electricity. The Williams Companies Inc. has a market cap of $13.15 billion; its shares were traded at around $22.53 with a P/E ratio of 23.9 and P/S ratio of 1.6. The dividend yield of The Williams Companies Inc. stocks is 1.9%. The Williams Companies Inc. had an annual average earning growth of 5% over the past 5 years.



On Feb. 18, The Williams Companies Inc. announced 2009 unaudited net income attributable to Williams of $285 million, or $0.49 per share on a diluted basis, compared with net income of $1,418 million, or $2.40 cents per share on a diluted basis for 2008.



The Williams Companies Inc. is in the portfolios of three Gurus: George Soros, Brian Rogers, and Jean-Marie Eveillard.



Sell:: Sr. Vice President & CFO Donald R Chappel sold 25,000 shares of WMB stock in December. This month, Buy:: Director Joseph R Cleveland bought 3,000 shares of WMB stock; Sell:: Sr. Vice President & GC James J Bender, Sell:: Vice President and Controller Ted T Timmermans and Sell:: Sr. Vice President E&P Ralph A Hill sold shares.



KeyCorp (KEY): Director Edward W Stack Bought 10,000 Shares

Director of KeyCorp, Edward W Stack, bought 10,000 shares on 3/12/10 at an average price of $7.6.

KeyCorp is an integrated multi-line financial services company. Keycorp has a market cap of $6.72 billion; its shares were traded at around $7.6 with and P/S ratio of 1.1. The dividend yield of Keycorp stocks is 0.5%. Keycorp had an annual average earning growth of 9.9% over the past 5 years.



KeyCorp will announce first quarter 2010 earnings on Wednesday, April 21, 2010. A conference call will be held at 9:00 a.m. ET to review financial results. The call may also include forward looking information on financial trends, asset quality and earnings outlook.



KeyCorp is owned by six Gurus: Third Avenue Management, Brian Rogers, Hotchkis & Wiley, Irving Kahn, Charles Brandes, and David Dreman.



This month, Buy:: Director Elizabeth R. Gile and Buy:: Director Edward W Stack bought shares of KEY stock.

International Game Technology (IGT): Director Philip G Satre Bought 3,000 Shares

Director of International Game Technology, Philip G Satre, bought 3,000 shares on 3/18/10 at an average price of $17.

International Game Technology is a manufacturer of computerized casino gaming products and operator of proprietary gaming systems and was the first to develop computerized video gaming machines. International Game Technology has a market cap of $5.04 billion; its shares were traded at around $17 with a P/E ratio of 21.3 and P/S ratio of 2.3. The dividend yield of International Game Technology stocks is 1.4%. International Game Technology had an annual average earning growth of 18.3% over the past 10 years.



On Jan 21, International Game Technology announced operating results for the first quarter ended December 31, 2009. Net income for the quarter was$73.3 million or $0.25 per diluted share compared to $61.2 million or $0.21 per diluted share in the same quarter last year. Comparability for the quarter was affected by a number of items included in a supplemental schedule at the end of this release.



International Game Technology is in the portfolios of five Gurus: Richard Aster Jr., Tom Gayner, John Rogers, George Soros, and Private Capital.

This month, Sell:: CEO Thomas J Matthews sold 190,401 shares of IGT stock. Buy:: Director Philip G Satre bought 3,000 shares the same month. Sell:: EVP, General Counsel David Duane Johnson and Sell:: President of International Paulus Karskens both sold shares in December.

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

About the author:

gururk
Ockham Research is an independent equity research provider based in Atlanta, Georgia. Security analysis at Ockham Research is based upon the principle known as Ockham's Razor, named for the 14th-century Franciscan friar, William of Ockham. We utilize this straightforward approach to value over 5500 securities, with key emphasis given to the study of individual securities' price-to-sales, price-to-cash earnings and other historical valuation ranges. Please visit www.ockhamresearch.com for more information.

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