Insider Buys

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Sep 24, 2013
According to GuruFocus Insider Data, these are the largest insider buys during the past week: Home Deport Inc. (HD), Energy Transfer Partners LP (ETP), HD Supply Holdings Inc. (HDS), American Eagle Outfitters (AEO) and PacWest Bancorp (PACW).

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



Home Depot Inc. (HD): Director Mark C. Vadon Bought 10,000 Shares



Director of Home Depot Inc., Mark C. Vadon, bought 10,000 shares on 09/12/2013 at an average price of $77.00. Home Depot Inc. has a market cap of $110.3 billion; its shares were traded at around $77.00 with a P/E ratio of 22.83 and P/S ratio of 1.46. The dividend yield of Home Depot Inc. stocks is 1.90%. Home DepotInc. had an annual average earnings growth of 3.2% over the past 10 years. GuruFocus rated Home DepotInc. the business predictability rank of 2.5-star.

On Aug. 20, The Home Depot reported sales of $22.5 billion for the second quarter of fiscal 2013. On a like for like basis, comparable store sales for the second quarter of fiscal 2013 were positive 10.7 percent, and comp sales for U.S. stores were positive 11.4 percent. Total sales increased 9.5 percent from the second quarter of fiscal 2012. Net earnings for the second quarter were $1.8 billion, or $1.24 per diluted share, compared with net earnings of $1.5 billion, or $1.01 per diluted share, in the same period of fiscal 2012. For the second quarter of fiscal 2013, diluted earnings per share increased 22.8 percent from the same period in the prior year.

Last week, Director Mark C. Vadon bought 10,000 shares of HD stock. Director J. Frank Brown bought 1,000 shares in May. EVP, General Counsel and Corporate Secretary Teresa Wynn Roseborough sold 3,500 shares in September. EVP Merchandising Craig A. Menear, EVP U.S. Stores Marvin R. Ellison, Chairman and CEO Francis S. Blake and CFO and EVP Corp. Services Carol B. Tome sold shares in May.

Energy Transfer Partners LP (ETP): President-Midstream Richard A. Cargile Bought 1,275 Shares



President-Midstream of Energy Transfer Partners LP Richard A. Cargile, bought 1,275 shares on 9/13/2013 at an average price of $51.34. Energy Transfer Partners LP has a market cap of $19.32 billion; its shares were traded at around $51.34 with a P/E ratio of 27.78 and P/S ratio of 0.43. The dividend yield of Energy Transfer Partners LP stocks is 6.96%. Energy Transfer Partners LP had an annual average earnings growth of 11.1% over the past 10 years.

On Aug. 7, Energy Transfer Partners LP reported its financial results for the quarter ended June 30, 2013. Adjusted EBITDA for Energy Transfer Partners LP (ETP) for the three months ended June 30, 2013 totaled$1.07 billion, an increase of $427 million over the same period last year. Distributable cash flow attributable to the partners of ETP for the three months ended June 30, 2013 totaled $442 million, an increase of $126 million over the same period last year. Income from continuing operations for the three months ended June 30, 2013 was $404 million, an increase of $276 million over the same period last year.

Last week, President-Midstream Richard A. Cargile bought 1,275 shares of ETP stock. Director Jamie Welch bought 20,000 shares this month.

HD Supply Holdings Inc. (HDS): Director Charles Peffer Bought 2,000 Shares



Director of HD Supply Holdings Inc., Charles Peffer, bought 2,000 shares on 9/12/2013 at an average price of $22.78. HD Supply Holdings Inc. has a market cap of $4.37 billion; its shares were traded at around $22.78 with and P/S ratio of 0.37.

On Sept. 9, HD Supply Holdings Inc. reported net sales for the second quarter of fiscal 2013 ended August 4, 2013 of $2.3 billion, an increase of $198 million, or 10 percent, as compared to the second quarter of fiscal 2012. Gross profit for the second quarter of fiscal 2013 increased by $67 million, or 11 percent, to $661 million compared to $594 million for the second quarter of fiscal 2012. Gross profit for the second quarter of fiscal 2013 was 29.3 percent of net sales compared to 28.8 percent of net sales for the second quarter of fiscal 2012.

Director Charles Peffer bought 2,000 shares of HDS stock on 9/12/2013.

American Eagle Outfitters (AEO): Director Noel Joseph Spiegel Bought 5,000 Shares



Director of American Eagle Outfitters, Noel Joseph Spiegel, bought 5,000 shares on 09/16/2013 at an average price of $14.77. American Eagle Outfitters has a market cap of $2.85 billion; its shares were traded at around $14.77 with a P/E ratio of 13.12 and P/S ratio of 0.86. The dividend yield of American Eagle Outfitters stocks is 1.59%. American Eagle Outfitters had an annual average earnings growth of 2.7% over the past 10 years.

On Aug. 21, American Eagle Outfitters Inc. reported earnings of $0.10 per diluted share for the second quarter ended August 3, 2013, compared to earnings from continuing operations of $0.21 per diluted share in the comparable quarter last year. Total net revenue decreased 2% to $727 million, compared to $740 million last year. Operating income decreased 56% to $29 million, resulting in a rate of 4.1% compared to 9.1% last year.

Last week, Director Noel Joseph Spiegel bought 5,000 shares of AEO stock. EVP, COO NY Design Center Michael R. Rempell sold 40,000 shares this month. EVP, Store Operations Dennis R. Parodi sold 54,464 shares in June.

PacWest Bancorp (PACW): Director Barry C. Fitzpatrick Bought 3,000 Shares



Director of PacWest Bancorp, Barry C. Fitzpatrick, bought 3,000 shares on 9/16/2013 at an average price of $34.09. PacWest Bancorp has a market cap of $1.51 billion; its shares were traded at around $34.09 with a P/E ratio of 23.92 and P/S ratio of 4.36. The dividend yield of PacWest Bancorp stocks is 2.93%.

On July 23, PacWest Bancorp announced net earnings for the second quarter of 2013 of $4.3 million, or $0.11 per diluted share, a decrease of $9.2 million from net earnings for the first quarter of 2013 of $13.5 million, or $0.37 per diluted share. Net earnings from continuing operations were $4.4 million for the second quarter compared to $13.5 million for the first quarter.

Last week, Director Barry C. Fitzpatrick bought 3,000 shares of PACW stock.