Weekly highlight of top insider buys: Apache Corp. (NYSE:APA), Danaher Corp. (NYSE:DHR), Celgene Corp. (NASDAQ:CELG), Huntington Bancshares Inc. (NASDAQ:HBAN), and Autoliv Inc. (NYSE:ALV).
Director of Apache Corp., Charles J Pitman, bought 5,000 shares on 5/28/10 at an average price of $87.57.
Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. Apache Corp. has a market cap of $29.47 billion; its shares were traded at around $87.57 with a P/E ratio of 12.6 and P/S ratio of 3.3. The dividend yield of Apache Corp. stocks is 0.7%. Apache Corp. had an annual average earning growth of 16.6% over the past 10 years. GuruFocus rated Apache Corp. the business predictability rank of 3-star.
On April 29, Apache Corporation reported first-quarter net income surged to $705 million or $2.08 per diluted common share as liquid hydrocarbon production climbed to a record 300,557 barrels per day, up 8 percent from the prior-year period
Apache Corp. is owned by eight Gurus: John Paulson, Richard Aster Jr, Wallace Weitz, Ruane Cunniff, Jean-Marie Eveillard, NWQ Managers, David Dreman, and Richard Pzena.
Last week, Buy:: Director George D Lawrence bought 217 shares of APA stock. Last month, Buy:: Director Charles J Pitman bought shares and Sell:: Vice President John R. Bedingfield, Sell:: Director Frederick M Bohen, Sell:: Co-COO and President Rodney J Eichler and Sell:: Chairman and CEO G Steven Farris sold shares.
Danaher Corp. (NYSE:DHR): Director Linda P Hefner Bought 3,800 Shares
Director of Danaher Corp., Linda P Hefner, bought 3,800 shares on 5/27/10 at an average price of $77.78.
Danaher Corporation conducts its operations through two business segments:Process/Environmental Controls and Tools and Components. Danaher Corp. has a market cap of $25.16 billion; its shares were traded at around $77.78 with a P/E ratio of 20.6 and P/S ratio of 2.3. The dividend yield of Danaher Corp. stocks is 0.2%. Danaher Corp. had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated Danaher Corp. the business predictability rank of 4-star.
On April 22, Danaher Corporation announced that GAAP net earnings for the quarter ended April 2, 2010 were $300.2 million, or $0.89 per diluted share, a 24% increase as compared to GAAP net earnings per diluted share of $0.72 for the first quarter 2009. On a non-GAAP basis, which reflects the adjustments identified in the attached reconciliation schedule, 2010 first quarter adjusted net earnings were $324.8 million, or $0.96 per diluted share, a 33% increase over 2009 first quarter adjusted net earnings per diluted share of $0.72.
Danaher Corp. is in the portfolios of Ruane Cunniff, Andreas Halvorsen, and George Soros.
Sell:: President and CEO H Lawrence Jr Culp sold 131,702 shares of DHR stock on 05/06/2010 at the average price of 82.86, the price of the stock has decreased by 6.13% since.
Last month, Buy:: Director Linda P Hefner bought 3,800 shares of DHR stock. Sell:: President and CEO H Lawrence Jr Culp and Sell:: Executive Vice President James A Lico sold shares the same month. Sell:: SVP-Chief Accounting Officer Robert S Lutz, Sell:: EVP Thomas Patrick Jr Joyce, and Sell:: Executive Vice President James A Lico sold shares in April. Sell:: EVP & CFO Daniel L Comas sold 30,000 shares in February.
Celgene Corp. (NASDAQ:CELG): Director Ernest Mario Bought 2,500 Shares
Director of Celgene Corp., Ernest Mario, bought 2,500 shares on 6/03/10 at an average price of $51.55.
Celgene Corp. is an independent biopharmaceutical company engaged primarily in the discovery, development and commercialization of orally administered, small molecule drugs for the treatment of cancer and immunological diseases. Celgene Corp. has a market cap of $23.7 billion; its shares were traded at around $51.55 with a P/E ratio of 25.6 and P/S ratio of 8.8.
On April 29, Celgene Corporation announced non-GAAP net income of $294.6 million, or non-GAAP diluted earnings per share of $0.63 for the quarter ended March 31, 2010. Non-GAAP net income for the first quarter of 2009 was $205.1 million or non-GAAP diluted earnings per share of $0.44. Based on U.S. GAAP, Celgene reported net income of $234.4 million, or diluted earnings per share of $0.50 for the quarter ended March 31, 2010. GAAP net income for the first quarter of 2009 was $162.9 million, or diluted earnings per share of $0.35.
Celgene Corp. is in the portfolio of Kenneth Fisher.
Last week, Buy:: Director Ernest Mario bought 2,500 shares of CELG stock on 06/03/2010 at the average price of 53, the price of the stock has decreased by 2.74% since. Last month, Sell:: CFO David W Gryska and Sell:: Director Walter L Robb sold shares. Sell:: Director Arthur H Jr Hayes sold 60,000 shares in February.
Huntington Bancshares Inc. (NASDAQ:HBAN): EVP of Principal Subsidiary Elizabeth Heller Allen Bought 1,600 Shares
EVP of Principal Subsidiary of Huntington Bancshares Inc., Elizabeth Heller Allen, bought 1,600 shares on 5/27/10 at an average price of $5.83.
Huntington Bancshares is a multi-state bank holding company. Huntington Bancshares Inc. has a market cap of $4.18 billion; its shares were traded at around $5.83 with and P/S ratio of 1.3. The dividend yield of Huntington Bancshares Inc. stocks is 0.7%.
On April 21, Huntington Bancshares Incorporated reported 2010 first quarter net income of $39.7 million, or $0.01 per common share, including a $38.2 million net tax benefit. This compared with a net loss of $369.7 million, or $0.56 per common share, in the 2009 fourth quarter and a net loss of $2,433.2 million, or $6.79 per common share, in the year-ago quarter.
Huntington Bancshares Inc. is owned by two Gurus: Hotchkis & Wiley and Arnold Schneider.
Last month, Buy:: EVP of Principal Subsidiary Elizabeth Heller Allen bought 1,600 shares of HBAN stock; Buy:: Executive Vice President Keith D Sanders and Buy:: Director David L Porteous bought shares in April. Buy:: EVP of Principal Subsidiary Daniel J. Neumeyer bought 200 shares in February; Buy:: President, CEO & Chairman Stephen D Steinour bought 102,000 shares in January.
Autoliv Inc. (NYSE:ALV): Director Lars Nyberg Bought 3,000 Shares
Director of Autoliv Inc., Lars Nyberg, bought 3,000 shares on 5/27/10 at an average price of $47.09.
Autoliv Inc. is a worldwide leader in automotive safety, a pioneer in both seatbelts and airbags, and a technology leader with the widest product offering for automotive safety. Autoliv Inc. has a market cap of $4.02 billion; its shares were traded at around $47.09 with a P/E ratio of 15.7 and P/S ratio of 0.7.
On April 27, Autoliv Inc. reported results for the first quarter of 2010. For the three-month period ended March 31, 2010, Autoliv Inc. ALIV) met its guidance and reported its highest quarterly operating income and operating margin ever of $195 million and 11.4%, respectively, on the back of a consolidated sales recovery of 86% to $1,721 million.
Other operating expense net, mainly restructuring costs, of $11 million had a 0.6 percentage point negative margin impact.
Autoliv Inc. is in the portfolio of George Soros.
In May, Buy:: Director Lars Nyberg bought 3,000 shares of ALV stock and Sell:: VP Research and Development Jan Olsson sold 15,000 shares. Sell:: President Region Americas Michael Jon Ward and Sell:: Chief Treasurer Hannes Wadell sold shares in February.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
- 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.