Weekly Top Insider Buys: KO, F, TWC, MMR, DAN

Author's Avatar
Nov 07, 2011
Weekly highlight of top insider buys: CocaCola Co. (KO, Financial), Ford Motor Co. (F, Financial), Time Warner Cable Inc. (TWC, Financial), McMoRan Exploration Co. (MMR, Financial), and Dana Holding (DAN, Financial).


Coca-Cola Co. (KO): Director Barry Diller Bought 100,000 Shares



Director of Coca-Cola Co., Barry Diller, bought 100,000 shares on 11/01/2011 at an average price of $67.78. The Coca-Cola Company is the world's largest beverage company and is the producer and marketer of soft drinks. Coca-cola Co. has a market cap of $155.63 billion; its shares were traded at around $67.78 with a P/E ratio of 17.93 and P/S ratio of 4.43. The dividend yield of Coca-cola Co. stocks is 2.77%. Coca-cola Co. had an annual average earnings growth of 7.3% over the past 10 years. GuruFocus rated Coca-cola Co. the business predictability rank of 4-star.


On Oct. 18, The Coca-Cola Company reported strong third quarter 2011 operating results. Third quarter reported net revenue and comparable net revenue were both $12.2 billion, up 45%. Third quarter reported operating income was $2.7 billion, up 17%, with comparable operating income of $3.0 billion, up 21%.


Last week, Director Barry Diller bought 100,000 shares of KO stock. Senior Vice President Harry L. Anderson sold 20,000 shares in October. Preident, European Group Dominique Reiniche and Senior Vice President Ceree Eberly sold shares in September.


Ford Motor Co. (F): Director Irvine O. Hockaday Jr. Bought 3,000 Shares



Director of Ford Motor Co., Irvine O. Hockaday Jr., bought 3,000 shares on 11/02/2011 at an average price of $11.27. Ford Motor Company produces cars and trucks. The company and its subsidiaries also engage in other businesses, including manufacturing automotive components and systems and financing and renting vehicles and equipment. Ford Motor Co. has a market cap of $42.82 billion; its shares were traded at around $11.27 with a P/E ratio of 5.55 and P/S ratio of 0.35.


On October 26, Ford Motor Credit Company reported net income of $350 million in the third quarter of 2011, a decrease of $147 million from a year earlier. On a pre-tax basis, Ford Credit earned $581 million in the third quarter and $1.9 billion in the first nine months of 2011, compared with $766 million and $2.5 billion in the third quarter and first nine months of 2010, respectively.


Last week, Director Irvine O. Hockaday Jr. bought 3,000 shares of F stock. Executive Chairman and Chairman William Clay Ford Jr., Director Anthony F. Earley Jr., and Executive Chairman and Chairman William Clay Ford Jr. bought shares in September.


Time Warner Cable Inc. (TWC): Director Peter R. Haje Bought 2,000 Shares


Director of Time Warner Cable Inc., Peter R. Haje, bought 2,000 shares on 11/03/2011 at an average price of $61.29. Time Warner Cable Inc. is the second-largest cable operator in the U.S. Time Warner Cable Inc. has a market cap of $19.56 billion; its shares were traded at around $61.29 with a P/E ratio of 14.29 and P/S ratio of 1.04. The dividend yield of Time Warner Cable Inc. stocks is 3.13%.


On October 27, Time Warner Cable Inc. reported financial results for its third quarter ended September 30, 2011. Revenues for the third quarter of 2011 increased 3.7% from the third quarter of 2010 to $4.9 billion. Residential services revenues increased 2.0% year-over-year to $4.3 billion, business services revenues increased 34.8% to $387 million, while advertising revenues decreased 3.1% to $216 million and other revenues increased 1.8% to $58 million.


Last week, Director Peter R. Haje bought 2,000 shares of TWC stock. Chairman and CEO Glenn Britt sold shares in September.


McMoRan Exploration Co. (MMR): Advisory Director Gabrielle K. Mcdonald Bought 3,640 Shares


Advisory Director of McMoRan Exploration Co. (MMR) Gabrielle K. Mcdonald bought 3,640 shares on 11/01/2011 at an average price of $13.41. McMoRan Exploration Co. is engaged in the exploration, development and production of oil and gas offshore in the Gulf of Mexico and onshore in the Gulf Coast region, and in the mining, purchasing, transporting, terminaling, processing and marketing of sulfur. McMoRan Exploration Co. has a market cap of $2.13 billion; its shares were traded at around $13.41 with and P/S ratio of 4.89. McMoRan Exploration Co. had an annual average earnings growth of 6.6% over the past five years.


On October 17, McMoRan Exploration Co. reported a net loss applicable to common stock of $9.4 million, $0.06 per share, for the third quarter of 2011 compared with a net loss applicable to common stock of $25.3 million, $0.26 per share, for the third quarter of 2010.


Last week, Advisory Director Gabrielle K. Mcdonald bought 3,640 shares of MMR stock. Director Suzanne T. Mestayer and Advisory Director Gabrielle K. Mcdonald bought shares in August.


Dana Holding (DAN): Director Richard F. Wallman Bought 20,000 Shares


Director of Dana Holding (DAN) Richard F. Wallman bought 20,000 shares on 10/31/2011 at an average price of $14.17. Dana Holding Corp. is a world leader in the supply of axles; driveshafts; and structural, sealing, and thermal-management products; as well as genuine service parts. Dana Holding has a market cap of $2.08 billion; its shares were traded at around $14.17 with a P/E ratio of 11.07 and P/S ratio of 0.34.


On October 27, Dana Holding Corporation announced its third-quarter 2011 results. The company recorded third-quarter net income of $110 million, which included a $60 million gain from the sale of interests in two joint ventures to Getrag, and adjusted EBITDA of $200 million; these compared to $46 million and $148 million, respectively, for the prior-year period. Year-to-date net income was $148 million, compared to $24 million in 2010.


Director Richard F. Wallman bought 20,000 shares of DAN stock on 10/31/2011. President and CEO Roger Wood, Executive Vice President and CFO James A. Yost, Executive Vice President and President On-Highway Techno Dwayne Matthews, and Senior Vice President of H.R. Ari Papadakos bought shares in August. Chief Strategy Officer Jacqueline A. Dedo sold 25,655 shares in September.


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