Weekly Top Insider Buys: APC, SNPS, NFG, APU, TCF

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Mar 26, 2012
According to GuruFocus Insider Data, these are the largest insider buys during the past week: Anadarko Petrol (APC, Financial), Synopsys Inc. (SNPS, Financial), National Fuel Gas Co. (NFG, Financial), AmeriGas Partners L.P. (APU, Financial) and TCF Financial Corp. (TCF, Financial).


The overall trend of insiders is illustrated in the chart below:


Anadarko Petrol (APC): Director Charles W. Goodyear Bought 10,000 Shares


Director of Anadarko Petrol, Charles W. Goodyear, bought 10,000 shares on 3/19/2012 at an average price of $79.41. Anadarko Petroleum Corporation is one of the world's largest independent oil and gas exploration and production companies. Anadarko Petrol has a market cap of $39.58 billion; its shares were traded at around $79.41 with a P/E ratio of 23.56 and P/S ratio of 2.83. The dividend yield of Anadarko Petrol stocks is 0.45%. Anadarko Petrol had an annual average earnings growth of 2% over the past 10 years.


On Feb 6, Anadarko Petroleum Corp. announced 2011 fourth-quarter results, reporting a net loss attributable to common stockholders of $358 million, or $.72 per share (diluted). For the year ended Dec. 31, 2011, Anadarko reported a net loss from continuing operations attributable to common stockholders of $2.649 billion, or $5.32 per share (diluted), and full-year 2011 cash flow from operating activities was $2.505 billion, both of which were impacted by the BP settlement and payment.


Last week, Director Charles W. Goodyear bought 10,000 shares of APC stock. Senior Vice President Worldwide Exploration Robert P. Daniels and Chairman & CEO James T. Hackett sold shares this month. Director John R. Gordon sold 20,000 shares in December.


Synopsys Inc. (SNPS): Director Chrysostomos L. Nikias Bought 1,800 Shares



Director of Synopsys Inc., Chrysostomos L. Nikias, bought 1,800 shares on 3/16/2012 at an average price of $30.2. Synopsys Inc. is one of the suppliers of electronic design automation software to the global electronics industry. Synopsys Inc. has a market cap of $4.35 billion; its shares were traded at around $30.2 with a P/E ratio of 17.87 and P/S ratio of 2.84. Synopsys Inc. had an annual average earnings growth of 14.5% over the past 10 years. GuruFocus rated Synopsys Inc. the business predictability rank of 3-star.


On Feb. 22, Synopsys Inc. reported results for its first quarter of fiscal year 2012. For the first quarter of fiscal year 2012, Synopsys reported revenue of $425.5 million, compared to $364.6 million for the first quarter of fiscal 2011, an increase of 16.7 percent. On a generally accepted accounting principles (GAAP) basis, net income for the first quarter of fiscal 2012 was $56.69 million, or $0.39 per share, compared to $48.2 million, or $0.31 per share, for the first quarter of fiscal 2011.


Last week, Director Chrysostomos L. Nikias bought 1,800 shares of SNPS stock. Senior Vice President Worldwide Sales Joseph W. Logan, Chairman of the Board & CEO Geus Aart De, and CFO Brian M. Beattie sold shares this month. Vice President Legal and General Counsel Brian E. Cabrera, Director Roy Vallee, and President and COO Chi-foon Chan sold shares this month.


National Fuel Gas Co. (NFG): Director R. D. Cash Bought 2,000 Shares


Director of National Fuel Gas Co., R. D. Cash, bought 2,000 shares on 3/21/2012 at an average price of $49.44. National Fuel Gas Co. is engaged in the business of owning and holding securities issued by its subsidiary companies. National Fuel Gas Co. has a market cap of $4.11 billion; its shares were traded at around $49.44 with a P/E ratio of 18.04 and P/S ratio of 2.31. The dividend yield of National Fuel Gas Co. stocks is 2.87%. National Fuel Gas Co. had an annual average earnings growth of 2.3% over the past 10 years.


On February 2, National Fuel Gas Company announced consolidated earnings for the first quarter of its 2012 fiscal year. Earnings for the first quarter of fiscal 2012 of $60.7 million, or $0.73 per share, increased $2.2 million, or $0.03 per share, compared to $58.5 million, or $0.70 per share, for the prior year’s first quarter.


Last week, Director R. D. Cash bought 2,000 shares of NFG stock. President, Horizon Power Donna L. Decarolis sold 1,151 shares in November.


AmeriGas Partners L.P. (APU): Chairman & Director Lon R. Greenberg Bought 4,000 Shares



Chairman & Director of AmeriGas Partners L.P., Lon R. Greenberg, bought 4,000 shares on 03/21/2012 at an average price of $40.25. AmeriGas Partners L.P., with its subsidiary, AmeriGas Propane, has a market cap of $3.45 billion; its shares were traded at around $40.25 with a P/E ratio of 25.97 and P/S ratio of 1.36. The dividend yield of AmeriGas Partners L.P. stocks is 7.58%. AmeriGas Partners L.P. had an annual average earnings growth of 4% over the past 10 years.


On January 25, AmeriGas Propane Inc., general partner of AmeriGas Partners L.P. reported net income attributable to AmeriGas Partners L.P. for the first quarter of fiscal 2012 ended Dec. 31, 2011 of $42.5 million compared to $74.9 million for the same period last year. The partnership's earnings before interest expense, income taxes, depreciation and amortization (EBITDA) was $83.7 million for the first quarter of 2012 compared to $113.3 million for the same period last year.


Last week, Chairman and Director Lon R. Greenberg and Chief Accounting Officer William J. Stanczak bought shares of APU stock.


TCF Financial Corp. (TCB): Director Vance K. Opperman Bought 10,000 Shares



Director of TCF Financial Corp., Vance K. Opperman, bought 10,000 shares on 3/19/2012 at an average price of $12.09. TCF is a Wayzata, Minnesota-based national financial holding company. TCF Financial Corp. has a market cap of $1.96 billion; its shares were traded at around $12.09 with a P/E ratio of 17.52 and P/S ratio of 1.42. The dividend yield of TCF Financial Corp. stocks is 1.65%.


Last week, Director Vance K. Opperman bought 10,000 shares of TCB stock. Director Thomas A. Cusick sold 25,000 shares in January.


On January 24, TCF Financial Corp. reported net income for the fourth quarter of 2011 of $16.4 million, compared with $33.9 million in the fourth quarter of 2010 and $32.3 million in the third quarter of 2011. Diluted earnings per common share was 10 cents for the fourth quarter of 2011, compared with 24 cents in the fourth quarter of 2010 and 20 cents in the third quarter of 2011.


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