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Weekly Top Insider Buys: New Time Warner Inc., Education Management Corp., Hawaiian Electric Industries Inc., Regeneron Pharmaceuticals Inc., and Vectren Corp.

June 21, 2010 | About:
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Weekly top insider buys: New Time Warner Inc. (TWX), Education Management Corp. (EDMC), Hawaiian Electric Industries Inc. (HE), Regeneron Pharmaceuticals Inc. (REGN), and Vectren Corp. (VVC).

Director of Time Warner Inc. , William P Barr, bought 3,200 shares on 06/11/2010 at an average price of $32.96.

Time Warner Inc. is a media and entertainment company, whose businesses include filmed entertainment, interactive services, television networks, cable systems, publishing and music. New Time Warner Inc. has a market cap of $37.57 billion; its shares were traded at around $32.96 with a P/E ratio of 14.85 and P/S ratio of 1.46. The dividend yield of Time Warner Inc New stocks is 2.58%.

Time Warner Inc. New is in the portfolios of eight Gurus: George Soros, Mark Hillman, Kenneth Fisher, Brian Rogers, James Barrow, Dodge & Cox, Bill Nygren, and Jean-Marie Eveillard.

Last week, Buy: Director William P Barr bought 3,200 shares of TWX stock. In March, Buy: Director Fred Hassan andBuy: Director William P Barr bought shares. Sell: Executive Vice President Olaf Olafsson sold 242 shares this month; Sell: EVP and General Counsel Paul T Cappuccio sold 33,559 shares in May. In March, Sell: Chairman of the Board and CEO Jeffrey L Bewkes and Sell: EVP & CFO John K Martin sold shares.

Education Management Corp. (EDMC): VP, Controller and CAO Randall Killeen Bought 2,500 Shares

VP, Controller and CAO of Education Management Corp., Randall Killeen, bought 2,500 shares on 6/15/10 at an average price of $17.96.

Education Management LLC provides post-secondary education in North America. Education Management Corp. has a market cap of $2.57 billion; its shares were traded at around $17.96 with a P/E ratio of 13.4 and P/S ratio of 1.28.

On May 5, Education Management Corp. reported results for the third fiscal quarter of 2010. Net revenues for the three months ended March 31, 2010 increased 24.7% to $667.9 million, compared to $535.4 million for the same period a year ago. Reported net income for the third quarter of fiscal 2010 was $84.6 million, or $0.59 per diluted share, compared to net income of $44.1 million, or $0.37 per diluted share, for the same period a year ago.

Education Management Corp. is in the portfolio of Ruane Cunniff and George Soros.

In June, Buy: VP, Controller and CAO Randall Killeen bought 2,500 shares of EDMC stock.Sell: see remarks Teachers Pension Plan Ontario sold 50,000 shares in March.

Hawaiian Electric Industries Inc. (HE): Director Kelvin H Taketa Bought 4,500 Shares

Director of Hawaiian Electric Industries Inc., Kelvin H Taketa, bought 4,500 shares on 6/15/10 at an average price of $23.35.

Hawaiian Electric Industries, Inc. is a holding company with subsidiaries engaged in the electric utility, savings bank, freight transportation, real estate development and other businesses, primarily in the State of Hawaii, and in the pursuit of independent power projects in Asia and the Pacific. Hawaiian Electric Industries Inc. has a market cap of $2.18 billion; its shares were traded at around $23.35 with a P/E ratio of 19.62 and P/S ratio of 0.94. The dividend yield of Hawaiian Electric Industries Inc. stocks is 5.31%.

On May 10, Hawaiian Electric Industries, Inc. reported consolidated net income for common stock for the first quarter of 2010 of $27.1 million, or $0.29 diluted earnings per share (EPS), compared to $20.4 million, or $0.22 diluted EPS for the first quarter of 2009.

Hawaiian Electric Industries Inc. is in the portfolio of Richard Aster Jr.

Buy: Director Kelvin H Taketa and Buy: VP-Fin, Contlr & Chief Acctng David M Kostecki bought shares of HE stock last week.Buy: SVP GC, Secy, Chief Admin Chester A Richardson bought 2,913 shares in March; Sell: Director Jeffrey N Watanabe and Sell: President Constance H Lau sold shares the same month.

Regeneron Pharmaceuticals Inc. (REGN): Director Arthur F Ryan Bought 10,000 Shares

Director of Regeneron Pharmaceuticals Inc., Arthur F Ryan, bought 10,000 shares on 6/14/10 at an average price of $26.11.

Regeneron Pharmaceuticals Inc. is a biopharmaceutical company that discovers, develops, and intends to commercialize therapeutic drugs for thetreatment of serious medical conditions. Regeneron Pharmaceuticals Inc. has a market cap of $2.13 billion; its shares were traded at around $26.11 with and P/S ratio of 5.62.

On April 29, Regeneron Pharmaceuticals, Inc. announced financial and operating results for the first quarter of 2010. The Company reported a net loss of $30.5 million, or $0.38 per share (basic and diluted), for the first quarter of 2010 compared with a net loss of $15.4 million, or $0.19 per share (basic and diluted), for the first quarter of 2009.

Regeneron Pharmaceuticals Inc. is in the portfolio of Carl Icahn.

Buy: Director Arthur F Ryan bought 10,000 shares of REGN stock last week. Sell: SVP F&A, CFO, Treas & Asst Sec Murray A Goldberg sold shares the same week. Buy: Director George L Sing bought shares in May; Sell: Director Michael S Brown, Sell: Director Joseph L Goldstein, and Sell: Director P Roy Vagelos sold shares the same month.

Vectren Corp. (VVC): Director James H Jr Degraffenreidt Bought 2,000 Shares

Director of Vectren Corp., James H Jr Degraffenreidt, bought 2,000 shares on 6/15/10 at an average price of $24.11.

Vectren Corp., through its regulated subsidiaries Indiana Gas and SIGECO, offers gas and/or electricity to customers in adjoining service areas that cover nearly two-thirds of Indiana. Vectren Corp. has a market cap of $1.96 billion; its shares were traded at around $24.11 with a P/E ratio of 14.52 and P/S ratio of 0.94. The dividend yield of Vectren Corp. stocks is 5.64%. Vectren Corp. had an annual average earning growth of 3.8% over the past 10 years.

On May 6, Vectren Corporation reported consolidated net income for its 2010 first quarter of $63.2 million, or $0.78 per share, compared to net income of $72.8 million, or $0.90 per share, in 2009.

Vectren Corp. is in the portfolio of two gurus: David Dreman and John Keeley.

In June, Buy: Director James H Jr Degraffenreidt bought 2,000 shares of VVC stock.

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


Rating: 2.0/5 (2 votes)

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