Weekly Top Insider Buys: Apache Corporation, Sigma-Aldrich Corporation, Huntington Bancshares, American Capital and Great Plains Energy

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Sep 09, 2013
According to GuruFocus Insider Data, these are the largest insider buys during the past week: Apache Corporation (APA, Financial), Sigma-Aldrich Corporation (SIAL, Financial), Huntington Bancshares Inc. (HBAN, Financial), American Capital Ltd (ACAS, Financial), and Great Plains Energy Inc. (GXP, Financial).

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



Apache Corporation (APA): Director Chansoo Joung Bought 10,000 Shares



Director of Apache Corporation, Chansoo Joung, bought 10,000 shares on Sept. 3 at an average price of $86.51. Apache Corporation has a market cap of $33.69 billion; its shares were traded at around $86.51 with a P/E ratio of 13.50 and P/S ratio of 2.06. The dividend yield of Apache Corporation stocks is 0.86%. Apache Corporation had an annual average earnings growth of 11.7% over the past 10 years. GuruFocus rated Apache Corporation the business predictability rank of 2.5-star.

On Aug. 1, Apache Corporation announced second-quarter 2013 earnings of $1 billion or $2.54 per diluted common share and adjusted earnings, which exclude certain items that impact the comparability of results, of $801 million or $2.01 per share. For the same period in the prior year, Apache reported earnings of $337 million or $0.86 per diluted common share and adjusted earnings of $821 million or $2.07 per share. Net cash provided by operating activities came to approximately $2.8 billion, with cash from operations before changes in operating assets and liabilities* totaling$2.6 billion, up from $2.4 billion in the year-ago period.

Last week, Director John Lowe and Director Chansoo Joung bought shares of APA stock. Chairman and CEO G Steven Farris bought 10,000 shares in May. Director George Lawrence bought 3,000 shares in April. Director Randolph Ferlic bought 20,000 shares in March.

Sigma-Aldrich Corporation (SIAL): EVP, CFO & TREASURER Jan Bertsch Bought 1,204 Shares



EVP, CFO & Treasurer of Sigma-Aldrich Corporation, Jan Bertsch, bought 1,204 shares on Sept. 4 at an average price of $83.11. Sigma-Aldrich Corporation has a market cap of $9.99 billion; its shares were traded at around $83.11 with a P/E ratio of 21.55 and P/S ratio of 3.81. The dividend yield of Sigma-Aldrich Corporation stocks is 1.02%. Sigma-Aldrich Corporation had an annual average earnings growth of 13.2% over the past 10 years. GuruFocus rated Sigma-Aldrich Corporation the business predictability rank of 4-star.

On July 31, Sigma-Aldrich Corporation reported results for the second fiscal quarter of 2013. Q2 2013 reported sales increased 3% to $681 million. Organic sales growth was 4%. Organic sales growth by business unit was 3% for Research, 6% for Applied and 2% for SAFC Commercial. Q2 2013 reported diluted EPS was $0.98 compared to Q2 2012 reported diluted EPS of $0.94.

Last week, EVP, CFO & Treasurer Jan Bertsch bought 1,204 shares of SIAL stock. SVP, General Counsel & Sec George Lloyd Miller bought 44 shares last month. Director Lee Mccollum sold 7,400 shares last week. EVP & Pres., Applied Frank Wicks and EVP & Pres. SAFC Commercial Gilles Cottier sold shares in May.

Huntington Bancshares (HBAN): Sr EVP of Principal Sub Daniel Benhase Bought 5,000 Shares



Senior EVP of Principal Sub of Huntington Bancshares Inc., Daniel Benhase, bought 5,000 shares on Aug. 3 at an average price of $8.51. Huntington Bancshares Inc has a market cap of $7.07 billion; its shares were traded at around $8.51 with a P/E ratio of 11.99 and P/S ratio of 2.74. The dividend yield of Huntington Bancshares Inc stocks is 2.00%.

On July 18, Huntington Bancshares Incorporated reported 2013 second quarter net income of $150.7 million, a decrease of $2.1 million, or 1%, from the 2012 second quarter and a decrease of $1.1 million, or 1%, from the 2013 first quarter. Earnings per common share were $0.17, unchanged from the prior and year ago quarters.

Last week, Sr EVP of Principal Sub Daniel B Benhase bought 5,000 shares of HBAN stock. Director Peter J Kight and President, CEO & Chairman Stephen D Steinour bought shares in May. Director David L Porteous bought 4,740 shares in April. Sr EVP of Principal Sub Nicholas G Stanutz sold 10,000 shares in August and Senior Executive Vice Presiden Keith D Sanders sold 2,946 shares in July.

American Capital Ltd (ACAS): Director Susan K Nestegard Bought 15,000 Shares



Director of American Capital (ACAS) Susan K Nestegard bought 15,000 shares on Sept. 4 at an average price of $13.07. American Capital Ltd has a market cap of $3.85 billion; its shares were traded at around $13.07 with a P/E ratio of 6.06 and P/S ratio of 6.99.

On July 30, American Capital Ltd. announced net operating income before income taxes for the quarter ended June 30, 2013 of $65 million, or $0.21 per diluted share. NOI after income taxes for the quarter ended June 30, 2013 was $49 million, or $0.16 per diluted share. Net earnings for the quarter ended June 30, 2013 were$21 million, or $0.07 per diluted share. As of June 30, 2013, net asset value ("NAV") per share was $19.28, a $0.24, or 1% per share, increase from the March 31, 2013 NAV per share of $19.04, and a 16% increase from June 30, 2012 NAV per share.

Last week, Director Susan K Nestegard bought 15,000 shares of ACAS stock. Senior Vice President Brian Graff sold 1,543 shares this month. EVP, GC and Secretary Samuel Allan Flax sold 1,130 shares in August and CFO and Pres., Structured Fin. John R Erickson sold 10,406 shares in March.

Great Plains Energy Inc. (GXP): Director John J Sherman Bought 20,000 Shares



Director of Great Plains Energy, John J Sherman, bought 20,000 shares on Sept. 4 at an average price of $21.54. Great Plains Energy Inc. has a market cap of $3.31 billion; its shares were traded at around $21.54 with a P/E ratio of 13.87 and P/S ratio of 1.40. The dividend yield of Great Plains Energy Inc. stocks is 4.04%. Great Plains Energy Inc. had an annual average earnings growth of 2.8% over the past 5 years.

On Aug. 8, Great Plains Energy announced second quarter 2013 earnings of $63.2 million or $0.41 per share of average common stock outstanding, compared with second quarter 2012 earnings of $57.7 million or $0.41 per share. For the first six months of 2013, earnings were$88.8 million or $0.58 per share compared to $48.2 million or $0.34 per share in the first six months of 2012. The company also announced it is reaffirming its full-year 2013 earnings guidance range of $1.44 to $1.64 per share.

Last week, Director John J Sherman bought 20,000 shares of GXP stock. VP-IR & Strat. Plan. & Treas. Kevin E. Bryant and Director Michael J Chesser sold shares in May.