Weekly Top Insider Buys: Twenty-First Century Fox Inc., Time Warner Inc., Valeant Pharmaceuticals International Inc., American Tower Corp., and Delta Air Lines Inc.

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Aug 19, 2013
According to GuruFocus Insider Data, these are the largest insider buys during the past week: Twenty-First Century Fox Inc. (FOX, Financial), Time Warner Inc. (TWX, Financial), Valeant Pharmaceuticals International Inc. (VRX, Financial), American Tower Corp. (AMT, Financial), and Delta Air Lines Inc. (DAL, Financial).

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

Twenty-First Century Fox Inc. (FOX): Director Robert S Silberman Bought 11,000 Shares



Director of Twenty-First Century Fox Inc., Robert S Silberman, bought 11,000 shares on 8/13/2013 at an average price of $32.06. Twenty-first Century Fox Inc. has a market cap of $74.2 billion; its shares were traded at around $32.06 with a P/E ratio of 12.82 and P/S ratio of 2.18. The dividend yield of Twenty-first Century Fox Inc. stocks is 0.53%.

On August 6, Twenty-First Century Fox Inc. reported financial results for the full year ended June 30, 2013. The company reported annual revenues of $27.68 billion, a $2.62 billion, or 10%, increase over prior year revenues of $25.05 billion.

Director Robert S Silberman bought 11,000 shares of FOX stock on08/13/2013 at the average price of 32.53. Robert S Silberman owns at least 15,000 shares after this. The price of the stock has decreased by 1.44% since.

Time Warner Inc. (TWX): Director William P Barr Bought 4,800 Shares



Director of Time Warner Inc., William P Barr, bought 4,800 shares on 8/13/2013 at an average price of $60.86. Time Warner Inc. is a media and entertainment company. Time Warner Inc. has a market cap of $55.99 billion; its shares were traded at around $60.86 with a P/E ratio of 16.47 and P/S ratio of 1.99. The dividend yield of Time Warner Inc. stocks is 1.80%.

On August 2, Time Warner Inc. reported results for the second quarter ended June 30, 2013. Revenues increased 10% to $7.4 billion in the second quarter of 2013 as growth at the Film and TV Entertainment and Networks segments more than offset a modest decline at the Publishing segment. Adjusted Operating Income rose 25% to $1.5 billion due to growth at all segments as well as a year-over- year decrease in intersegment eliminations. Operating Income increased 42% to $1.5 billion.

This month, Director William P Barr and Director Paul Wachter bought shares of TWX stock. Director Deborah C Wright sold 11,559 shares this month. Director Jessica P Einhorn and SVP and Controller Pascal Desroches sold shares in June. Chairman of the Board and CEO Jeffrey L Bewkes sold 205,681 shares in May.

Valeant Pharmaceuticals International Inc. (VRX): EVP, Administration and CHCO Brian M. Stolz Bought 4,500 Shares



EVP, Administration and CHCO of Valeant Pharmaceuticals International Inc., Brian M. Stolz, bought 4,500 shares on 08/12/2013 at an average price of $103.00. Valeant Pharmaceuticals International Inc. was formerly known as Biovail Corporation. Valeant Pharmaceuticals International Inc. has a market cap of $34.24 billion; its shares were traded at around $103.00 with a P/E ratio of 1087.50 and P/S ratio of 7.91. Valeant Pharmaceuticals International Inc. had an annual average earnings growth of 4.2% over the past 10 years.

On August 7, Valeant Pharmaceuticals International Inc. announced second quarter financial results for 2013. Valeant's total revenues were $1.1 billion, up 34% compared to the second quarter of 2012, and product revenues were $1.06 billion, up 43% versus the year-ago quarter. The company reported net income of $11 million for the second quarter of 2013, or $0.03 per diluted share.

This month, EVP, Administration and CHCO Brian M. Stolz and EVP, Company Group Chairman Laizer Kornwasser bought shares of VRX stock. G Mason Morfit bought 1,352,941 shares in June.

American Tower Corp (AMT): EVP, Int'l. Operations William H Hess Bought 2,500 Shares



EVP, Int'l. Operations of American Tower Corp, William H Hess, bought 2,500 shares on 8/15/2013 at an average price of $68.58. American Tower Corp was incorporated in the State of Delaware. American Tower Corp has a market cap of $27.09 billion; its shares were traded at around $68.58 with a P/E ratio of 42.92 and P/S ratio of 8.86. The dividend yield of American Tower Corp stocks is 1.46%. American Tower Corp had an annual average earnings growth of 9.1% over the past 10 years.

On July 31, American Tower Corporation reported financial results for the quarter ended June 30, 2013. Total revenue increased 15.9% to $808.8 million and total rental and management revenue increased 15.7% to $789.2 million. Total rental and management Gross Margin increased 14.2% to $594.8 million. Total selling, general, administrative and development expense was $99.8 million, including $16.6 million of stock-based compensation expense. Adjusted EBITDA increased 12.5% to $524.0 million, Core Growth in Adjusted EBITDA was 14.7%, and Adjusted EBITDA Margin was 65%.

Last week, EVP, Int'l. Operations William H Hess bought 2,500 shares of AMT stock. Chairman, President and CEO James D Jr Taiclet sold 100,000 shares this month. SVP, Finance & Corp Controller Robert Joseph Jr Meyer sold 2,046 shares in May. EVP, Chief Admin Officer & GC Edmund Disanto sold 90,688 shares in April, and EVP, Int'l. Operations William H Hess sold 10,000 shares in March.

Delta Air Lines Inc. (DAL): Director George N Mattson Bought 5,000 Shares



Director of Delta Air Lines Inc., George N Mattson, bought 5,000 shares on 08/13/2013 at an average price of $19.83. Delta Air Lines, Inc. was incorporated under the laws of the State of Delaware. Delta Air Lines Inc. has a market cap of $17.01 billion; its shares were traded at around $19.83 with a P/E ratio of 9.73 and P/S ratio of 0.46. The dividend yield of Delta Air Lines Inc. stocks is 0.30%.

On July 24, Delta Air Lines reported financial results for the June 2013 quarter. Delta's net profit for the June 2013 quarter was $844 million, or $0.98 per diluted share, excluding special items. June quarter results include $118 million of profit sharing expense in recognition of Delta employees' contributions to the company's financial performance.

Last week, Director George N Mattson bought 5,000 shares of DAL stock. Director Paula Rosput Reynolds and Director John Christopher Beasley, bought 7,500 shares in July. EVP & COO Stephen E Gorman sold 130,700 shares this month.

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