Weekly Top Insider Buys: General Mills Inc., Illinois Tool Works Inc., Best Buy Co. Inc., H&R Block Inc., and FTI Consulting Inc.

Weekly Top Insider Buys: GIS, ITW, BBY, HRB, FCN

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Jul 25, 2010
Weekly highlight of top insider buys: General Mills Inc. (GIS, Financial), Illinois Tool Works Inc. (ITW, Financial), Best Buy Co. Inc. (BBY, Financial), H&R Block Inc. (HRB, Financial), and FTI Consulting Inc. (FCN, Financial).


General Mills Inc. (GIS): EVP, Gen Cnsl, Chf Comp & Risk Roderick A Palmore Bought 6,747 Shares


EVP, Gen Cnsl, Chf Comp & Risk of General Mills Inc., Roderick A Palmore, bought 6,747 shares on 7/16/10 at an average price of $35.52.


General Mills, Inc. is one of the producers of packaged consumer foods and markets its products primarily through its own sales organizations, supported by advertising and other promotional activities. General Mills Inc. has a market cap of $23.57 billion; its shares were traded at around $35.52 with a P/E ratio of 15.5 and P/S ratio of 1.6. The dividend yield of General Mills Inc. stocks is 3.2%. General Mills Inc. had an annual average earning growth of 7.4% over the past 10 years.



On June 29, General Mills, Inc. reported results for the fourth fiscal quarter of 2010. General Mills net sales in fiscal 2010 increased 1 percent to $14.8 billion. Gross margin expanded to 39.7 percent, reflecting strong operating performance, effective cost-savings initiatives and supply-chain costs that were below prior-year levels.





General Mills Inc. is in the portfolios of six Gurus: John Hussman, Ruane Cunniff, Dodge & Cox, Kenneth Fisher, George Soros, and Arnold Van Den Berg.


Last week, Buy: EVP, Gen Cnsl, Chf Comp & Risk Roderick A Palmore bought 6,747 shares of GIS stock. Roderick A Palmore owns at least 120,317 shares after this. The price of the stock has decreased by 0.22% since. Sell: EVP, COO & Intl Christopher D Oleary sold 22,960 shares this month; Sell: EVP, Worldwide Sales & Channel Jeffrey J Rotsch and Sell: VP, Controller Richard O Lund sold shares in June. Sell: Chairman of the Board & CEO Kendall J Powell sold shares in March.





Illinois Tool Works Inc. (ITW): Executive Vice President Jane L Warner Bought 2,000 Shares



Executive Vice President of Illinois Tool Works Inc., Jane L Warner, bought 2,000 shares on 7/21/10 at an average price of $43.31.


Illinois Tool Works, Inc. manufactures and markets a variety of productsand systems that provide specific, problem-solving solutions for a diversecustomer base worldwide. Illinois Tool Works Inc. has a market cap of $21.76 billion; its shares were traded at around $43.31 with a P/E ratio of 19.5 and P/S ratio of 1.6. The dividend yield of Illinois Tool Works Inc. stocks is 2.8%. Illinois Tool Works Inc. had an annual average earning growth of 7.4% over the past 10 years.





On June 15, Illinois Tool Works Inc. reported a total company operating revenue increase of 21 percent for the three months ended May 31, 2010 versus the year-ago period. Base revenues contributed 15 percent to revenue growth in the three month period. In addition, acquisitions and currency translation added 2 percent and 4 percent to revenue growth, respectively. The ongoing improvement in base revenue growth was due to increasing demand across a broad set of North American and international consumer and industrial end markets.





Illinois Tool Works Inc. is in the portfolios of six Gurus: John Rogers, James Barrow, Brian Rogers, Tom Gayner, Bill Nygren, and Ruane Cunniff.





Last week, Buy: Executive Vice President Jane L Warner bought 2,000 shares of ITW stock. Buy: Director Susan Crown bought 10,000 shares of ITW in February. Sell: Director Robert C Mccormack sold 108,400 shares of ITW stock in June, and Sell: Executive Vice President Timothy J Gardner and Sell: Chairman & CEO David B Speer sold shares in April.





Best Buy Co. Inc. (BBY): Director Ronald James Bought 2,500 Shares


Director of Best Buy Co. Inc., Ronald James, bought 2,500 shares on 7/22/10 at an average price of $35.79.


Best Buy operates in a single business segment, selling personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories principally through its retail stores. Best Buy Co. Inc. has a market cap of $15.1 billion; its shares were traded at around $35.79 with a P/E ratio of 11.8 and P/S ratio of 0.3. The dividend yield of Best Buy Co. Inc. stocks is 1.6%. Best Buy Co. Inc. had an annual average earning growth of 16.6% over the past 10 years. GuruFocus rated Best Buy Co. Inc. the business predictability rank of 5-star.


On June 15, Best Buy Co., Inc. reported net earnings of $155 million, or $0.36 per diluted share, for its fiscal first quarter ended May 29, 2010, compared with $153 million, or $0.36 per diluted share, for the prior-year period. Diluted earnings per share decreased 14 percent versus the prior-year period's adjusted diluted earnings per share of $0.42, which excluded the impact of restructuring charges incurred in the prior year's fiscal first quarter.


Best Buy Co. Inc. is owned by eight Gurus: Richard Snow, David Dreman, Mark Hillman, George Soros, PRIMECAP Management, Bill Nygren, Arnold Shneider, and John Hussman.


This month, Buy: Director Ronald James and Buy: Director Lisa Caputo bought shares of BBY stock. Buy: Director Khosla Sanjay bought 1,000 shares in May; Buy: Director Rogelio Rebolledo bought 1,000 shares in April. Sell: CEO Brian J Dunn sold 13,848 shares in April.





H&R Block Inc. (HRB): Director Christianna Wood Bought 9,713 Shares


Director of H&R Block Inc., Christianna Wood, bought 9,713 shares on 7/21/10 at an average price of $15.23.


H&R Block Inc. is a diversified company involved in tax return preparation,electronic filing of income tax returns and other tax-related services. H&r Block Inc. has a market cap of $4.92 billion; its shares were traded at around $15.23 with a P/E ratio of 10.1 and P/S ratio of 1.2. The dividend yield of H&r Block Inc. stocks is 4%.


On June 24, H&R Block, Inc. reported consolidated net income for the fiscal year ended April 30, 2010 of $479.2 million, or $1.43 per share , down 1.3 percent from the prior year period of $485.7 million, or $1.45 per share. Net income from continuing operations fell 4.7 percent to $488.9 million, or $1.46 per share, compared to income of $513.1 million, or $1.53 per share in the prior year period. Total revenues declined 5.1 percent to $3.9 billion





H&R Block Inc. is in the portfolios of seven Gurus: Donald Yacktman, Brian Rogers, Richard Aster Jr, Bill Nygren, Private Capital, Chris Davis, and Jean-Marie Eveillard.


In July, Buy: Director Christianna Wood bought 9,713 shares of HRB stock. In March, Buy: President, RSM McGladrey Charles Elliott Andrews bought 15,000 shares.


FTI Consulting Inc. (FCN): Chairman of the Board Dennis J Shaughnessy Bought 10,000 Shares


Chairman of the Board of FTI Consulting Inc., Dennis J Shaughnessy, bought 10,000 shares on 7/15/10 at an average price of $35.8.


FTI Consulting, Inc. is a multi-disciplined consulting firm with practices in the areas of financial restructuring, litigationsupport and engineering/scientific investigation. Fti Consulting Inc. has a market cap of $1.68 billion; its shares were traded at around $35.8 with a P/E ratio of 12.8 and P/S ratio of 1.1. Fti Consulting Inc. had an annual average earning growth of 15.4% over the past 10 years. GuruFocus rated Fti Consulting Inc. the business predictability rank of 3-star.





On May 5, FTI Consulting Inc. reported results for the first quarter of 2010. For the first quarter of 2010, revenues increased to $350.0 million from $347.8 million in the prior year period. Adjusted earnings per diluted share were $0.67 before $0.38 of special charges described below and EPS was $0.29 per diluted share. Adjusted EBITDA before $30.2 million of special charges, increased to $75.9 million, or 21.7% of revenues, compared with $74.0 million, or 21.3% of revenues, in the first quarter of 2009. Adjusted earnings per diluted share and Adjusted EBITDA are non-GAAP measures which are described below.





This month, Buy: President & CEO Jack B Iv Dunn, Buy: Director Gerard E Holthaus, Buy: EVP & COO Dominic Dinapoli, Buy: Director James W Crownover, and Buy: Chairman of the Board Dennis J Shaughnessy bought 10,000 shares of FCN stock.Sell: Director Denis J Callaghan sold 5,625 shares this month.





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