Weekly Top Insider Buys. priceline.com Inc., NuStar Energy L. P. , HarleyDavidson Inc., and Marchex Inc.

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Nov 20, 2007
This is the highlight of weekly top insider buys. priceline.com Inc. (PCLN, Financial), NuStar Energy L. P. (NS, Financial), HarleyDavidson Inc. (HOG, Financial), Marchex Inc. (MCHX, Financial):


priceline.com Inc. (PCLN): Director Nancy B. Peretsman Bought 100,000 Shares


Priceline.com Inc. (PCLN), an online travel company, has seen its stock prices rises to 7-year high. For the third quarter, the company had earnings of $2.27 per share. Early-November, PCLN expanded its market by acquiring Agoda Co., an Asian online travel company.


The Director of priceline.com Inc., Nancy B. Peretsman bought 100,000 shares of PCLN mid-November at $108.70.


In the third quarter, while Guru Ken Heebner bought 330,000 shares, Ron Baron decreased his holdings by 31% to 45,000 shares. In the second quarter, George Soros sold all of his PCLN holdings.


One of the largest holding sells was led by CFO Robert J. Mylod Jr., who sold 90,000 shares at around $76.15 to $77.50. Next in line, Chief Information Officer Ronald Rose sold 35,112 shares at $76.74 to $107.66. And finally, President of North American Travel, Chris Soder sold 30,000 shares at $76.77 to $91.71.


Priceline.com Inc. has a market cap of $3.97 billion; its shares were traded at around $109.76 with P/E ratio of 32.69 and P/S ratio of 3.20.


NuStar Energy L. P. (NS): Director William E. Greehey Bought 168,000 Shares


Nustar Energy LP (NS), an oil pipeline & storage company, announced a third quarter profit rise of 45%. The company earned $0.33 a share or $14.1 million compared to $0.23 a share, or $9.7 million from the previous year. S&P credit ratings decreased to a negative when the company agreed to purchase Citgo Asphalt Refining Co. for $450 million.


Director of NUSTAR, William E. Greehey, bought 168,000 shares this mid-November at around $57.20. Since August, Director Greehey has purchased a total of 198,000 shares of company stock at a range of $57.20 to $65.14.


A list of small buys: Guru John Keeley bought 4,092 shares in the third quarter; President, CEO, and Director Curt Anastasio bought 3,000 shares around $57.48 to $65; and Director Stan L. Mclelland bought 2,000 shares at an average of $58.71.


NuStar Energy L. P. has a market cap of $2.66 billion; its shares were traded at $57.05 with P/E ratio of 19.06 and P/S ratio of 2.05. The dividend yield of NuStar Energy L. P. stocks is 6.9%.


HarleyDavidson Inc. (HOG): Director Donald A James Bought 100,000 Shares


Harley-Davidson, Inc. took a 15.3% downward dive in profits in the third quarter from slow motorcycle sales. The quarter income was $1.07 a share, or $265 million, compared to a previous year of $1.20, or $312.7 million. Chief Executive Ziemer stated that sales will continue to be slow for the coming year as oil prices rise for consumers, and international motorbike companies competes for sales.


Director of HarleyDavidson Inc. (HOG) Donald A. James bought 100,000 shares on 11/15 at $48.88.


Guru holdings For the Third Quarter: Robert Olstein increased his shares by 68.86% to 588,300 shares; Bill Nygren owns 2,000,000; Chris Davis owns 23,826,924 shares; and Ronald Muhlenkamp owns 423,065 shares. Three gurus sold all their HOG holdings: Ruane Cunniff, Tom Gayner, and Kenneth Fisher.


HarleyDavidson Inc. has a market cap of $11.42 billion; its shares were traded at around $47.88 with P/E ratio of 12.04 and P/S ratio of 1.85. The dividend yield of HarleyDavidson Inc. stocks is 2.5%.


Marchex Inc. (MCHX): Director Nicolas J Hanauer Bought 326,615 Shares


Marchex, Inc. (MCHX), a local online advertising company and publisher, reported a third quarter loss of $0.04 per share, with revenue of $33.5 million, compared to the previous year $32.3 million.


Director of Marchex Inc., Nicolas J. Hanauer, bought 326,615 shares mid-November at $11.69. Late-October, Nicolas J. Hanauer was named as the vice chairman of the board. A large amount of insider sells were made around $9.03 to $15.82: CEO and Director Russell C. Horowitz, who owns 10% of MCHX, sold 390,000 shares of company stock; President & COO, Director John Keister sold 132,000 shares; CFO Michael A. Arends sold 25,000; General Counsel & CAO Ethan A. Caldwell sold 25,000 shares; and lastly, Director Dennis Cline sold 4,125 shares.


Marchex Inc. has a market cap of $492.47 million; its shares were traded at around $12.52 with P/S ratio of 3.80. The dividend yield of Marchex Inc. stocks is 0.6%.