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Monica Wolfe
Monica Wolfe
Articles (757) 

AGCO Exec Keeps Making Big Insider Buys

March 26, 2013 | About:

AGCO Corp. (AGCO) has reported that one of its directors, Mallika Srinivasan, has been adding pretty heftily to her stake in the company.

On March 22, Srinivasan added 172,833 shares at $50.91 per share for a total of $8,798,928.

On March 25, Srinivasan made an even larger purchase. She added 267,638 shares at $50.70 for a grand total of $8,798,928. Srinivasan now holds on to 3,532,153 shares of AGCO stock.

Mallika Srinivasan is an Indian industrialist. She is the chairman and CEO for Tafe Motors and Tractors Ltd. which is India’s largest exporter of tractors and the largest family business ran by a woman. Srinivasan has been a director for AGCO since 2011.

Srinivasan has a long record of success in investing in AGCO. Prior to her two most recent purchases, Srinivasan added 30,419 shares in December 2012, since then her share prices have increased 11.25%. She received her MBA from The Wharton School of the University of Pennsylvania

For more information on Srinivasan’s insider trades, look at Mallika Srnivasan’s Market Overview.

AGCO is an agriculturally-focused company that specializes in the design, manufacturing and distribution of agricultural machinery. AGO has five core brands that are distributed globally through 3,150 independent dealers and distributors.

The net sales for AGCO in 2012 were approximately $10 billion, an increase of 13.6% from 2011. The company reported a 2012 net income per share of $5.25. AGCO also generated $326 million in free cash flow for 2012.

Market Cap: 4.91 B P/E: 9.4 Shiller P/E: 12.9
P/B: 1.4 P/S: 0.5 EV/EBITDA: 5.87
52 Week Low: 38.09 52 Week High: 55.15 Average Volume: 1.9 M

According to the GuruFocus analysis of AGCO, it has shown predictable revenue and earnings growth as well as an expansion in their operating margin.

There are currently eight gurus followed by GuruFocus that hold shares in AGCO. For more information on these gurus and their shares look at AGCO’s Guru Trades.

With its shares up 0.73%, AGCO trades at $50.94.
  • 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.

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Rating: 2.8/5 (8 votes)


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GuruFocus has detected 6 Warning Signs with AGCO Corp $AGCO.
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