1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Articles (165) 

Weekly Top Insider Buys: JPM, BAC

February 04, 2013 | About:

According to GuruFocus Insider Data, these are the largest insider buys during the past week: JPMorgan Chase & Co. (NYSE:JPM) and Bank of America Corporation (NYSE:BAC).

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

JPMorgan Chase & Co (NYSE:JPM): Director Timothy Patrick Flynn Bought 6,750 Shares

Director of JPMorgan Chase & Co, Timothy Patrick Flynn, bought 6,750 shares on 1/29/2013 at an average price of $47.85. JPMorgan Chase & Co is a global financial services firm and banking institutions in the United States of America with operations worldwide. JPMorgan Chase & Co has a market cap of $181.9 billion; its shares were traded at around $47.85 with a P/E ratio of 10.1626 and P/S ratio of 1.9272. The dividend yield of JPMorgan Chase & Co stocks is 2.51%. JPMorgan Chase & Co had an annual average earnings growth of 5.9% over the past 10 years. GuruFocus rated JPMorgan Chase & Co the business predictability rank of 2-star.

On Jan.16, JPMorgan Chase & Co. reported net income for the fourth-quarter of 2012 of $5.7 billion, compared with net income of $3.7 billion in the fourth quarter of 2011. Earnings per share were $1.39, compared with $0.90 in the fourth quarter of 2011. Revenue for the quarter was $24.4 billion, up 10% compared with the prior year. Net income for full-year 2012 was a record $21.3 billion, compared with $19.0 billion for the prior year. Earnings per share were a record $5.20 for 2012, compared with $4.48 for 2011. Revenuefor 2012 was $99.9 billion, flat compared with 2011.

Last week, Director Timothy Patrick Flynn bought 6,750 shares of JPM stock. Corporate Controller Mark O'donovan and Managing Director Mary E. Erdoes sold shares last week; Executive Vice President Gordon Smith and Co-COO Matthew E. Zames sold shares last month.

Bank of America Corporation (NYSE:BAC): Director R. David Yost Bought 20,000 Shares

Director of Bank of America Corporation, R. David Yost, bought 20,000 shares on 1/24/2013 at an average price of $14. Bank of America Corporation, through its banking and various non-banking subsidiaries throughout the United States and in selected international markets provides a diversified range of banking and non-banking financial services and products through six business segments: Deposits, Card Services, Consumer Real Estate Services, Global Commercial Banking, Global Banking & Markets, Global Wealth & Investment Management. Bank of America Corporation has a market cap of $126.21 billion; its shares were traded at around $11.71 with a P/E ratio of 31.8471 and P/S ratio of 1.4124. The dividend yield of Bank of America Corporation stocks is 0.34%.

Last week, Director R. David Yost bought 20,000 shares of BAC stock.

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

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

» Take a Free Trial of Premium Membership

Rating: 3.0/5 (2 votes)


Please leave your comment:

GuruFocus has detected 3 Warning Signs with JPMorgan Chase & Co $JPM.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by GuruFocus

User Generated Screeners

andrewgu999nick scali style
liuzishudeep value non-div
star1907Rule #1
star1907C3 20% Growth 5 yr
EhrlingerT. Rowe Price Group
NorvasP/S good growers
danaltstreamMPB EY
AxelSalonenGrowth & True Value
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat