Weekly highlight of top insider buys: General Electric Company (GE, Financial), Intel Corp. (INTC, Financial), Alcoa Inc. (AA, Financial), Jefferies Group Inc. (JEF, Financial), and Supervalu Inc. (SVU, Financial).
General Electric Company (GE): Vice Chairman Michael A Neal Bought 20,553 Shares
Vice Chairman of General Electric Company (GE) Michael A Neal bought 20,553 shares on 10/15/2010 at an average price of $16.055.
General Electric is one of the largest and most diversified industrial corporations in the world. General Electric Company has a market cap of $171.65 billion; its shares were traded at around $16.055 with a P/E ratio of 14.4 and P/S ratio of 1.1. The dividend yield of General Electric Company stocks is 2.9%. General Electric Company had an annual average earning growth of 14.1% over the past 10 years. GuruFocus rated General Electric Company the business predictability rank of 4-star.
On October 15, General Electric Company announced third-quarter 2010 earnings from continuing operations (attributable to GE) of $3.2 billion, with EPS of $0.29 per share up 32% from the third quarter of 2009. Revenues were $35.9 billion for the quarter, down 5%, consistent with the first half of 2010.
General Electric Company is in the portfolios of Jean-Marie Eveillard, Mario Gabelli, Charles Brandes, Grian Rogers, Dodge & Cox, David Dreman, James Barrow, Tom Gayner, Warren Buffett, Chris Davis, Richard Snow, NWQ Managers, Ruane Cunniff, Kenneth Fishers, Arnold Van Den Berg, and Mark Hillman.
Buy: Vice Chairman Michael A Neal bought 20,553 shares of GE stock on last week.
Intel Corp. (INTC): Director Frank D Yeary Bought 15,000 Shares
Director of Intel Corp., Frank D Yeary, bought 15,000 shares on 10/15/10 at an average price of $19.835.
Intel Corporation is one of the world's largest semiconductor chip maker. Intel Corp. has a market cap of $110.44 billion; its shares were traded at around $19.835 with a P/E ratio of 10.6 and P/S ratio of 3.1. The dividend yield of Intel Corp. stocks is 3.2%. Intel Corp. had an annual average earning growth of 2.5% over the past 10 years.
On October 12, Intel Corporation reported that third-quarter revenue exceeded $11 billion for the first time, up 18 percent year-over-year to $11.1 billion. The company reported operating income of $4.1 billion, net income of $3.0 billion and EPS of 52 cents.
Intel Corp. is in the portfolios of George Soros, Ken Heebner, Arnold Van Den Berg, Mario Gabelli, Jean-Marie Eveillard, Ronald Muhlenkamp, Bill Nygren, Whitney Tilson, Tom Gayner, Third Avenue Management, Chris Davis, PRIMECAP Management, James Barrow, Mark Hillman, Kenneth Fisher, Robert Olstein, Ruane Cunniff, Charles Brandes, and John Hussman.
Last week, Buy: Sr VP, CFO Stacy J Smith and Buy: Director Frank D Yeary bought shares of INTC stock. Sell: SR VP GM, TECH & MFG GRP William M Holt sold 14,905 shares in May.
Alcoa Inc. (AA): Director James W Owens Bought 10,000 Shares
Director of Alcoa Inc., James W Owens, bought 10,000 shares on 10/20/10 at an average price of $12.72.
Alcoa Inc. is the world's producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa Inc. has a market cap of $12.99 billion; its shares were traded at around $12.72 with a P/E ratio of 38.5 and P/S ratio of 0.7. The dividend yield of Alcoa Inc. stocks is 0.9%.
On October 7, Alcoa Inc. announced third quarter 2010 income from continuing operations of $61 million, or $0.06 per share, compared with second quarter 2010 income from continuing operations of $137 million, or $0.13 per share, and third quarter 2009 income from continuing operations of $73 million, or $0.07 per share.
Alcoa Inc. is owned by seven Gurus: George Soros, PRIMECAP Management, Mario Gabelli, Richard Snow, Brian Rogers, James Barrow, and Dodge & Cox.
Last week, Buy: Director James W Owens bought 10,000 shares of AA stock.
Jefferies Group Inc. (JEF): Director Joseph S Steinberg Bought 691,000 Shares
Director of Jefferies Group Inc., Joseph S Steinberg, bought 691,000 shares on 10/20/10 at an average price of $23.83.
Jefferies Group, Inc. is a holding company whose affiliated companies, including its principal operating subsidiary, Jefferies & Company, Inc. Jefferies Group Inc. has a market cap of $4.09 billion; its shares were traded at around $23.83 with a P/E ratio of 15.5 and P/S ratio of 1.6. The dividend yield of Jefferies Group Inc. stocks is 1.3%.
On September 22, Jefferies Group Inc. reported results for the third quarter of 2010. Net revenues were $520 million, versus $700 million. Net income to Common Shareholders was $46 million, versus $86 million. Net earnings per common share was $0.23, versus $0.42. Investment Banking revenues were $246 million, versus $123 million.
Jefferies Group Inc. is owned by Ian Cumming, John Keeley, Tweedy Browne, and Ron Baron.
Last week, Buy: Director Joseph S Steinberg, Buy: Director Ian M. Cumming, and Buy: 10% Owner National Corp Leucadia bought shares of JEF stock.
Supervalu Inc. (SVU): EVP Merchandising Steven J Jungmann Bought 5,800 Shares
EVP Merchandising of Supervalu Inc., Steven J Jungmann, bought 5,800 shares on 10/21/10 at an average price of $10.8.
Supervalu Inc. is one of the nation's largest supermarket retailer and largest food distributor. Supervalu Inc. has a market cap of $2.29 billion; its shares were traded at around $10.8 with a P/E ratio of 5.6 and P/S ratio of 0.1. The dividend yield of Supervalu Inc. stocks is 3.2%. Supervalu Inc. had an annual average earning growth of 6.2% over the past 10 years.
On October 19, Supervalu Inc. reported second quarter fiscal 2011 net sales of $8.7 billion and a net loss of $1.470 billion or $6.94 per diluted share, including non-cash goodwill and intangible asset impairment charges ($1.516 billion after-tax, or $7.16 per diluted share) and certain other costs ($13 million after-tax, or $0.06 per diluted share) primarily related to the impact of the labor dispute at Shaw's and employee-related costs. In the second quarter of fiscal 2010, the company reported net sales of $9.5 billion and net earnings of $74 million, or $0.35 per diluted share.
Supervalu Inc. is owned by four Gurus: George Soros, David Dreman, Hotchkis & Wiley, Charles Brandes, and Mario Gabelli.
Last week, Buy: EVP Merchandising Steven J Jungmann bought 5,800 shares of SVU stock.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
General Electric Company (GE): Vice Chairman Michael A Neal Bought 20,553 Shares
Vice Chairman of General Electric Company (GE) Michael A Neal bought 20,553 shares on 10/15/2010 at an average price of $16.055.
General Electric is one of the largest and most diversified industrial corporations in the world. General Electric Company has a market cap of $171.65 billion; its shares were traded at around $16.055 with a P/E ratio of 14.4 and P/S ratio of 1.1. The dividend yield of General Electric Company stocks is 2.9%. General Electric Company had an annual average earning growth of 14.1% over the past 10 years. GuruFocus rated General Electric Company the business predictability rank of 4-star.
On October 15, General Electric Company announced third-quarter 2010 earnings from continuing operations (attributable to GE) of $3.2 billion, with EPS of $0.29 per share up 32% from the third quarter of 2009. Revenues were $35.9 billion for the quarter, down 5%, consistent with the first half of 2010.
General Electric Company is in the portfolios of Jean-Marie Eveillard, Mario Gabelli, Charles Brandes, Grian Rogers, Dodge & Cox, David Dreman, James Barrow, Tom Gayner, Warren Buffett, Chris Davis, Richard Snow, NWQ Managers, Ruane Cunniff, Kenneth Fishers, Arnold Van Den Berg, and Mark Hillman.
Buy: Vice Chairman Michael A Neal bought 20,553 shares of GE stock on last week.
Intel Corp. (INTC): Director Frank D Yeary Bought 15,000 Shares
Director of Intel Corp., Frank D Yeary, bought 15,000 shares on 10/15/10 at an average price of $19.835.
Intel Corporation is one of the world's largest semiconductor chip maker. Intel Corp. has a market cap of $110.44 billion; its shares were traded at around $19.835 with a P/E ratio of 10.6 and P/S ratio of 3.1. The dividend yield of Intel Corp. stocks is 3.2%. Intel Corp. had an annual average earning growth of 2.5% over the past 10 years.
On October 12, Intel Corporation reported that third-quarter revenue exceeded $11 billion for the first time, up 18 percent year-over-year to $11.1 billion. The company reported operating income of $4.1 billion, net income of $3.0 billion and EPS of 52 cents.
Intel Corp. is in the portfolios of George Soros, Ken Heebner, Arnold Van Den Berg, Mario Gabelli, Jean-Marie Eveillard, Ronald Muhlenkamp, Bill Nygren, Whitney Tilson, Tom Gayner, Third Avenue Management, Chris Davis, PRIMECAP Management, James Barrow, Mark Hillman, Kenneth Fisher, Robert Olstein, Ruane Cunniff, Charles Brandes, and John Hussman.
Last week, Buy: Sr VP, CFO Stacy J Smith and Buy: Director Frank D Yeary bought shares of INTC stock. Sell: SR VP GM, TECH & MFG GRP William M Holt sold 14,905 shares in May.
Alcoa Inc. (AA): Director James W Owens Bought 10,000 Shares
Director of Alcoa Inc., James W Owens, bought 10,000 shares on 10/20/10 at an average price of $12.72.
Alcoa Inc. is the world's producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa Inc. has a market cap of $12.99 billion; its shares were traded at around $12.72 with a P/E ratio of 38.5 and P/S ratio of 0.7. The dividend yield of Alcoa Inc. stocks is 0.9%.
On October 7, Alcoa Inc. announced third quarter 2010 income from continuing operations of $61 million, or $0.06 per share, compared with second quarter 2010 income from continuing operations of $137 million, or $0.13 per share, and third quarter 2009 income from continuing operations of $73 million, or $0.07 per share.
Alcoa Inc. is owned by seven Gurus: George Soros, PRIMECAP Management, Mario Gabelli, Richard Snow, Brian Rogers, James Barrow, and Dodge & Cox.
Last week, Buy: Director James W Owens bought 10,000 shares of AA stock.
Jefferies Group Inc. (JEF): Director Joseph S Steinberg Bought 691,000 Shares
Director of Jefferies Group Inc., Joseph S Steinberg, bought 691,000 shares on 10/20/10 at an average price of $23.83.
Jefferies Group, Inc. is a holding company whose affiliated companies, including its principal operating subsidiary, Jefferies & Company, Inc. Jefferies Group Inc. has a market cap of $4.09 billion; its shares were traded at around $23.83 with a P/E ratio of 15.5 and P/S ratio of 1.6. The dividend yield of Jefferies Group Inc. stocks is 1.3%.
On September 22, Jefferies Group Inc. reported results for the third quarter of 2010. Net revenues were $520 million, versus $700 million. Net income to Common Shareholders was $46 million, versus $86 million. Net earnings per common share was $0.23, versus $0.42. Investment Banking revenues were $246 million, versus $123 million.
Jefferies Group Inc. is owned by Ian Cumming, John Keeley, Tweedy Browne, and Ron Baron.
Last week, Buy: Director Joseph S Steinberg, Buy: Director Ian M. Cumming, and Buy: 10% Owner National Corp Leucadia bought shares of JEF stock.
Supervalu Inc. (SVU): EVP Merchandising Steven J Jungmann Bought 5,800 Shares
EVP Merchandising of Supervalu Inc., Steven J Jungmann, bought 5,800 shares on 10/21/10 at an average price of $10.8.
Supervalu Inc. is one of the nation's largest supermarket retailer and largest food distributor. Supervalu Inc. has a market cap of $2.29 billion; its shares were traded at around $10.8 with a P/E ratio of 5.6 and P/S ratio of 0.1. The dividend yield of Supervalu Inc. stocks is 3.2%. Supervalu Inc. had an annual average earning growth of 6.2% over the past 10 years.
On October 19, Supervalu Inc. reported second quarter fiscal 2011 net sales of $8.7 billion and a net loss of $1.470 billion or $6.94 per diluted share, including non-cash goodwill and intangible asset impairment charges ($1.516 billion after-tax, or $7.16 per diluted share) and certain other costs ($13 million after-tax, or $0.06 per diluted share) primarily related to the impact of the labor dispute at Shaw's and employee-related costs. In the second quarter of fiscal 2010, the company reported net sales of $9.5 billion and net earnings of $74 million, or $0.35 per diluted share.
Supervalu Inc. is owned by four Gurus: George Soros, David Dreman, Hotchkis & Wiley, Charles Brandes, and Mario Gabelli.
Last week, Buy: EVP Merchandising Steven J Jungmann bought 5,800 shares of SVU stock.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
