These are the highlights of the weekly top insider buys:
Nike Inc. (NKE, Financial): Director Orin Smith Bought 2,700 Shares
Director of Nike Inc., Orin Smith, bought 2,700 shares on 3/30/2011 at an average price of $76.53.
Nike Inc.'s principal business activity involves the design, development and worldwide marketing of high-quality footwear, apparel, equipment and accessory products. Nike Inc. has a market cap of $36.62 billion; its shares were traded at around $76.53 with a P/E ratio of 18.14 and P/S ratio of 1.93. The dividend yield of Nike Inc. stocks is 1.62%. Nike Inc. had an annual average earnings growth of 13.2% over the past 10 years. GuruFocus rated Nike Inc. the business predictability rank of 4.5-star.
On Mar 17, Nike Inc. reported financial results for its fiscal 2011 third quarter ended February 28, 2011. Earnings per share for the quarter were up 7% on a 7% increase in net revenue as higher NIKE Inc. sales and SG&A expense leverage offset lower gross margin results. Revenues increased 7% to $5.1 billion or up 8% on a currency neutral basis. Revenues for the NIKE Brand were up 8%.
Nike Inc. is in the portfolios of Kenneth Fisher, Ken Heebner, George Soros, John Hussman, Dodge & Cox, Tom Gayner, and Mario Gabelli.
Last month, Sell: President and CEO Mark G. Parker sold 50,000 shares of NKE stock. Buy: Director Orin Smith and Buy: Director John C. Lechleiter bought shares last month. Sell: Vice President David J. Ayre, Sell: Director Timothy D. Cook, and Sell: President-NIKE Brand Charles D. Denson sold shares in December.
Legg Mason Inc. (LM, Financial): Director Nelson Peltz Bought 170,000 Shares.
Director of Legg Mason Inc., Nelson Peltz, bought 170,000 shares on 3/30/2011 at an average price of $36.76.
Legg Mason Inc. is a holding company which, through its subsidiaries, is principally engaged in providing asset management, securities brokerage, investment banking and related financial services to individuals, institutions, corporations and municipalities. Legg Mason Inc. has a market cap of $5.6 billion; its shares were traded at around $36.76 with a P/E ratio of 23.87 and P/S ratio of 2.12. The dividend yield of Legg Mason Inc. stocks is 0.65%.
Legg Mason Inc. is in the portfolios of Brian Rogers, John Keeley, Dodge & Cox, Mario Gabelli, and Robert Olstein.
Last month, Buy: Director Nelson Peltz bought 170,000 shares of LM stock.
FirstMerit Corp. (FMER, Financial): Director J. Michael Hochschwender Bought 5,800 Shares.
Director of FirstMerit Corp., J. Michael Hochschwender, bought 5,800 shares on 3/31/2011 at an average price of $17.38.
FirstMerit Corporation is a financial services company. Firstmerit Corp. has a market cap of $1.89 billion; its shares were traded at around $17.38 with a P/E ratio of 16.55 and P/S ratio of 2.5. The dividend yield of Firstmerit Corp. stocks is 3.68%.
On Jan. 26, Legg Mason Inc. reported its operating results for the third fiscal quarter ended December 31, 2010. The company reported net income of $61.6 million, or $0.41 per diluted share, as compared with $75.3 million, or $0.50 per diluted share, in the previous quarter and $44.9 million, or $0.28 per diluted share in the third quarter of fiscal 2010. Adjusted income for the third quarter was $110.3 million, or $0.73 per diluted share, as compared to $115.0 million, or $0.76 per diluted share, in the second quarter of fiscal 2011 and $93.2 million, or $0.57 per diluted share, in the third quarter of fiscal 2010.
FirstMerit Corp. is in the portfolios of David Dreman, John Keeley, Kenneth Fisher, and Mario Gabelli.
Buy: Director J. Michael Hochschwender bought 5,800 shares of FMER stock last week. Sell: Executive Vice President N. James Brocklehurst sold 1,340 shares last month. Sell: Executive Vice President Judith A. Steiner sold 2,600 shares in December.
Hillenbrand Inc. (HI, Financial): Director James A. Henderson Bought 2,000 Shares
Director of Hillenbrand Inc., James A. Henderson, bought 2,000 shares on 3/31/2011 at an average price of $21.79.
Hillenbrand Inc. is the holding company for Batesville Casket Company, a leader in the North American death care industry through the sale of funeral services products, including burial caskets, cremation caskets, containers and urns, selection room display fixturing and other personalization and memorialization products. Hillenbrand Inc. has a market cap of $1.37 billion; its shares were traded at around $21.79 with a P/E ratio of 12.24 and P/S ratio of 1.82. The dividend yield of Hillenbrand Inc. stocks is 3.49%.
Hillenbrand Inc. is in the portfolio of Richard Aster Jr.
On February 2, Hillenbrand Inc. reported results for the first quarter of 2011. For the first quarter of fiscal 2011, which ended December 31, 2010, Hillenbrand reported revenue of $211 million, a $49.5 million (31%) increase over the prior year, resulting primarily from the April 1, 2010, acquisition of K-Tron International. K-Tron generated revenue of $51.1 million, which was 17%t above results it reported separately in the prior year, and Batesville's revenue declined slightly less than 1% to $159.9 million.
Buy: Director James A. Henderson bought 2,000 shares of HI stock last week.
Comtech Telecommunications Corp. (CMTL, Financial): Sr. Vice President & CFO Michael Porcelain Bought 1,100 Shares
Sr. Vice President & CFO of Comtech Telecommunications Corp., Michael Porcelain, bought 1,100 shares on 4/01/2011 at an average price of $27.72.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. Comtech Telecommunications Corp. has a market cap of $761.63 million; its shares were traded at around $27.72 with a P/E ratio of 11.27 and P/S ratio of 0.98. The dividend yield of Comtech Telecommunications Corp. stocks is 3.61%. Comtech Telecommunications Corp. had an annual average earnings growth of 25.7% over the past 10 years. GuruFocus rated Comtech Telecommunications Corp. the business predictability rank of 3-star.
On March 10, Comtech Telecommunications Corp. reported its operating results for the three and six months ended January 31, 2011. Net sales for the second quarter of fiscal 2011 were $162.8 million compared to $171.1 million for the second quarter of fiscal 2010. GAAP net income was $16.1 million, or $0.52 per diluted share, for the second quarter of fiscal 2011 compared to $16.3 million, or $0.51 per diluted share, for the second quarter of fiscal 2010.
Comtech Telecommunications Corp. is in the portfolios of Joel Greenblatt and George Soros.
Last week, Buy: Chairman, CEO & President Fred Kornberg and Buy: Sr. Vice President & CFO Michael Porcelain bought shares of CMTL stock. Sell: Sr. Vice President Robert L. Mccollum sold 9,000 shares in January.
Nike Inc. (NKE, Financial): Director Orin Smith Bought 2,700 Shares
Director of Nike Inc., Orin Smith, bought 2,700 shares on 3/30/2011 at an average price of $76.53.
Nike Inc.'s principal business activity involves the design, development and worldwide marketing of high-quality footwear, apparel, equipment and accessory products. Nike Inc. has a market cap of $36.62 billion; its shares were traded at around $76.53 with a P/E ratio of 18.14 and P/S ratio of 1.93. The dividend yield of Nike Inc. stocks is 1.62%. Nike Inc. had an annual average earnings growth of 13.2% over the past 10 years. GuruFocus rated Nike Inc. the business predictability rank of 4.5-star.
On Mar 17, Nike Inc. reported financial results for its fiscal 2011 third quarter ended February 28, 2011. Earnings per share for the quarter were up 7% on a 7% increase in net revenue as higher NIKE Inc. sales and SG&A expense leverage offset lower gross margin results. Revenues increased 7% to $5.1 billion or up 8% on a currency neutral basis. Revenues for the NIKE Brand were up 8%.
Nike Inc. is in the portfolios of Kenneth Fisher, Ken Heebner, George Soros, John Hussman, Dodge & Cox, Tom Gayner, and Mario Gabelli.
Last month, Sell: President and CEO Mark G. Parker sold 50,000 shares of NKE stock. Buy: Director Orin Smith and Buy: Director John C. Lechleiter bought shares last month. Sell: Vice President David J. Ayre, Sell: Director Timothy D. Cook, and Sell: President-NIKE Brand Charles D. Denson sold shares in December.
Legg Mason Inc. (LM, Financial): Director Nelson Peltz Bought 170,000 Shares.
Director of Legg Mason Inc., Nelson Peltz, bought 170,000 shares on 3/30/2011 at an average price of $36.76.
Legg Mason Inc. is a holding company which, through its subsidiaries, is principally engaged in providing asset management, securities brokerage, investment banking and related financial services to individuals, institutions, corporations and municipalities. Legg Mason Inc. has a market cap of $5.6 billion; its shares were traded at around $36.76 with a P/E ratio of 23.87 and P/S ratio of 2.12. The dividend yield of Legg Mason Inc. stocks is 0.65%.
Legg Mason Inc. is in the portfolios of Brian Rogers, John Keeley, Dodge & Cox, Mario Gabelli, and Robert Olstein.
Last month, Buy: Director Nelson Peltz bought 170,000 shares of LM stock.
FirstMerit Corp. (FMER, Financial): Director J. Michael Hochschwender Bought 5,800 Shares.
Director of FirstMerit Corp., J. Michael Hochschwender, bought 5,800 shares on 3/31/2011 at an average price of $17.38.
FirstMerit Corporation is a financial services company. Firstmerit Corp. has a market cap of $1.89 billion; its shares were traded at around $17.38 with a P/E ratio of 16.55 and P/S ratio of 2.5. The dividend yield of Firstmerit Corp. stocks is 3.68%.
On Jan. 26, Legg Mason Inc. reported its operating results for the third fiscal quarter ended December 31, 2010. The company reported net income of $61.6 million, or $0.41 per diluted share, as compared with $75.3 million, or $0.50 per diluted share, in the previous quarter and $44.9 million, or $0.28 per diluted share in the third quarter of fiscal 2010. Adjusted income for the third quarter was $110.3 million, or $0.73 per diluted share, as compared to $115.0 million, or $0.76 per diluted share, in the second quarter of fiscal 2011 and $93.2 million, or $0.57 per diluted share, in the third quarter of fiscal 2010.
FirstMerit Corp. is in the portfolios of David Dreman, John Keeley, Kenneth Fisher, and Mario Gabelli.
Buy: Director J. Michael Hochschwender bought 5,800 shares of FMER stock last week. Sell: Executive Vice President N. James Brocklehurst sold 1,340 shares last month. Sell: Executive Vice President Judith A. Steiner sold 2,600 shares in December.
Hillenbrand Inc. (HI, Financial): Director James A. Henderson Bought 2,000 Shares
Director of Hillenbrand Inc., James A. Henderson, bought 2,000 shares on 3/31/2011 at an average price of $21.79.
Hillenbrand Inc. is the holding company for Batesville Casket Company, a leader in the North American death care industry through the sale of funeral services products, including burial caskets, cremation caskets, containers and urns, selection room display fixturing and other personalization and memorialization products. Hillenbrand Inc. has a market cap of $1.37 billion; its shares were traded at around $21.79 with a P/E ratio of 12.24 and P/S ratio of 1.82. The dividend yield of Hillenbrand Inc. stocks is 3.49%.
Hillenbrand Inc. is in the portfolio of Richard Aster Jr.
On February 2, Hillenbrand Inc. reported results for the first quarter of 2011. For the first quarter of fiscal 2011, which ended December 31, 2010, Hillenbrand reported revenue of $211 million, a $49.5 million (31%) increase over the prior year, resulting primarily from the April 1, 2010, acquisition of K-Tron International. K-Tron generated revenue of $51.1 million, which was 17%t above results it reported separately in the prior year, and Batesville's revenue declined slightly less than 1% to $159.9 million.
Buy: Director James A. Henderson bought 2,000 shares of HI stock last week.
Comtech Telecommunications Corp. (CMTL, Financial): Sr. Vice President & CFO Michael Porcelain Bought 1,100 Shares
Sr. Vice President & CFO of Comtech Telecommunications Corp., Michael Porcelain, bought 1,100 shares on 4/01/2011 at an average price of $27.72.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. Comtech Telecommunications Corp. has a market cap of $761.63 million; its shares were traded at around $27.72 with a P/E ratio of 11.27 and P/S ratio of 0.98. The dividend yield of Comtech Telecommunications Corp. stocks is 3.61%. Comtech Telecommunications Corp. had an annual average earnings growth of 25.7% over the past 10 years. GuruFocus rated Comtech Telecommunications Corp. the business predictability rank of 3-star.
On March 10, Comtech Telecommunications Corp. reported its operating results for the three and six months ended January 31, 2011. Net sales for the second quarter of fiscal 2011 were $162.8 million compared to $171.1 million for the second quarter of fiscal 2010. GAAP net income was $16.1 million, or $0.52 per diluted share, for the second quarter of fiscal 2011 compared to $16.3 million, or $0.51 per diluted share, for the second quarter of fiscal 2010.
Comtech Telecommunications Corp. is in the portfolios of Joel Greenblatt and George Soros.
Last week, Buy: Chairman, CEO & President Fred Kornberg and Buy: Sr. Vice President & CFO Michael Porcelain bought shares of CMTL stock. Sell: Sr. Vice President Robert L. Mccollum sold 9,000 shares in January.
