Weekly Top Insider Buys: GE, CAT, SBUX, STT, TYC

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Feb 07, 2011
Weekly highlight of top insider buys: General Electric (GE, Financial), Caterpillar Inc. (CAT, Financial), Starbucks Corp. (SBUX, Financial), State Street Corp. (STT, Financial), and Tyco International Ltd. (TYC, Financial).



General Electric (GE): Director Alan G Lafley Bought 25,000 Shares

Director of General Electric, Alan G Lafley, bought 25,000 shares on 1/27/2011 at an average price of $20.56.

General Electric is one of the largest and most diversified industrial corporations in the world. General Electric has a market cap of $219.06 billion; its shares were traded at around $20.56 with a P/E ratio of 17.7 and P/S ratio of 1.4. The dividend yield of General Electric stocks is 2.7%. General Electric had an annual average earning growth of 14.1% over the past 10 years. GuruFocus rated General Electric the business predictability rank of 4-star.

On January 21, General Electric announced strong fourth-quarter 2010 earnings from continuing operations (attributable to GE) of $3.9 billion, or $0.36 per share, up 33% from the fourth quarter of 2009. Revenues grew to $41.4 billion for the quarter, the company’s first positive growth in nine quarters.

General Electric is in the portfolios of Bruce Berkowitz, Mario Gabelli, Charles Brandes, Chris Davis, Richard Snow, James Barrow, Warren Buffet, Irving Kahn, Jean-Marie Eveillard, Tom Gayner, Dodge & Cox, Brian Rogers, David Dreman, Ruane Cunniff, Arnold Van Den Berg, Kenneth Fisher, and Mark Hillman.

Last month, Buy: Director Alan G Lafley bought 25,000 shares of GE stock. Buy: Vice Chairman Michael A Neal bought 20,553 shares in October.

Caterpillar Inc. (CAT): Director Jesse J Jr Greene Bought 2,000 Shares

Director of Caterpillar Inc., Jesse J Jr Greene, bought 2,000 shares on 2/04/2011 at an average price of $99.59.

Caterpillar Inc is the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. Caterpillar Inc. has a market cap of $63.21 billion; its shares were traded at around $99.59 with a P/E ratio of 23.9 and P/S ratio of 1.4. The dividend yield of Caterpillar Inc. stocks is 1.8%. Caterpillar Inc. had an annual average earning growth of 5% over the past 10 years.

On January 27, Caterpillar Inc. announced sales and revenues of $42.588 billion for 2010, an increase of 31 percent from $32.396 billion in 2009. Profit in 2010 was $2.700 billion, an increase of 202 percent from 2009 profit of $895 million. Profit per share of $4.15 was up from $1.43 in 2009. Fourth-quarter sales and revenues were $12.807 billion, an increase of 62 percent compared with $7.898 billion in the fourth quarter of 2009. Fourth-quarter profit of $968 million was 317 percent higher than profit of $232 million in the fourth quarter of 2009.

Caterpillar Inc. is in the portfolios of Mario Gabelli, Tom Gayner, Bill Gates, Ruane Cunniff, PRIMECAP Management, Kenneth Fisher, and Dodge & Cox.

This month, Buy: Director Jesse J Jr Greene and Buy: Director Miles D White bought shares of CAT.

Sell: Director Joshua I Smith, Sell: Director John R Brazil, and Sell: Group President Steven H Wunning sold shares this month.



Starbucks Corp. (SBUX): Director Mellody L Hobson Bought 1,250 Shares

Director of Starbucks Corp., Mellody L Hobson, bought 1,250 shares on 1/28/2011 at an average price of $32.575.

Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related equipments primarily through its company-operated retail stores. Starbucks Corp. has a market cap of $24.14 billion; its shares were traded at around $32.575 with a P/E ratio of 23.3 and P/S ratio of 2.3. The dividend yield of Starbucks Corp. stocks is 1.7%. Starbucks Corp. had an annual average earning growth of 18.4% over the past 10 years. GuruFocus rated Starbucks Corp. the business predictability rank of 3-star.

On January 26 Starbucks Corporation reported financial results for its fiscal first quarter ended January 2, 2011. Total net revenues increased 8% to a record $3.0 billion. Comparable store sales increased 7%, driven by a 5% increase in traffic and a 2% increase in average ticket. U.S. comparable store sales increased 8%, driven by a 6% increase in traffic and a 2% increase in average ticket. International comparable store sales increased 5%, driven by a 2% increase in both traffic and average ticket.

Starbucks Corp. is in the portfolios of John Hussman, Jean-Marie Eveillard, George Soros, Mario Gabelli, Mark Hillman, and Kenneth Fisher.

Last month, Buy: Director Mellody L Hobson bought 1,250 shares of SBUX stock. Sell: evp, chief information officer Stephen Gillett sold 5,384 shares last week; Sell: Director William W Bradley sold 42,500 shares in January. Sell: evp, general counsel & secy Paula Boggs, Sell: pres, Seattle's Best Coffee Michelle Gass, Sell: cfo and cao Troy Alstead sold shares in December.



State Street Corp. (STT): Director Peter Coym Bought 2,000 Shares

Director of State Street Corp., Peter Coym, bought 2,000 shares on 1/28/2011 at an average price of $46.37.

State Street Corp. is the world's specialist in providing sophisticated global investors with investment servicing, investment management, investment research and trading services. State Street Corp. has a market cap of $23.28 billion; its shares were traded at around $46.37 with a P/E ratio of 13.6 and P/S ratio of 2.7. The dividend yield of State Street Corp. stocks is 0.1%. State Street Corporation had an annual average earning growth of 3.4% over the past 10 years.

On January 19, State Street Corporation announced fourth-quarter 2010 earnings per common share of $3.09 and $0.16, compared to $3.46 and $1.00 for the full year and the fourth quarter of 2009, respectively. Compared to the third quarter of 2010, fourth quarter 2010 earnings per share decreased 85% from $1.08 per share.

State Street Corp. is in the portfolios of George Soros, Mario Gabelli, James Barrow, Bill Nygren, John Paulson, Tom Gayner, Richard Pzena, and Dodge & Cox.

Last month, Buy: Director Peter Coym bought 2,000 shares of STT stock. Sell: Vice Chairman Joseph C Antonellis, Sell: Director Charles R Lamantia, Sell: Director David P Gruber, and Sell: Director Charles R Lamantia shares last month.



Tyco International Ltd. (TYC): Director R David Yost Bought 5,000 Shares

Director of Tyco International Ltd., R David Yost, bought 5,000 shares on 2/01/2011 at an average price of $46.13.

Tyco International Ltd., a diversified manufacturing and service company, is the world's largest manufacturer and servicer of electrical and electronic components and undersea telecommunications systems, the world's largest manufacturer, installer, and provider of fire protection systems and electronic security services, has strong leadership positions in disposable medical products, plastics, and adhesives, and is the largest manufacturer of flow control valves. Tyco International Ltd. has a market cap of $22.58 billion; its shares were traded at around $46.13 with a P/E ratio of 16.4 and P/S ratio of 1.3. The dividend yield of Tyco International Ltd. stocks is 1.9%.

On January 27, Tyco International Ltd. reported $1.00 in diluted earnings per share (EPS) from continuing operations for the fiscal first quarter of 2011 and diluted EPS from continuing operations before special items of $0.75 per share. Revenue in the quarter of $4.4 billion increased 5% versus the prior year with organic revenue growth of 4% including a 1 percentage point contribution from the Electrical & Metal Products business.

Tyco International Ltd. is in the portfolios of Jean-Marie Eveillard, Mario Gabelli, John Keeley, Dodge & Cox, Lee Ainslie, David Williams, Hotchkis & Wiley, Bill Nygren, Chris Davis, George Soros, Wallace Weitz, Andreas Halvorsen, and Michael Price.

Buy: Director R David Yost bought 5,000 shares of TYC stock last week. Sell: SVP and Controller Carol Anthony Davidson and Sell: SVP, Human Resources Laurie Siegel sold shares last week. Sell: Pres., Tyco Security Solutions Naren K Gursahaney and Sell: Chairman and CEO Edward D Breen sold shares in January.

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