Weekly highlight of top insider buys: FreeportMcMoRan Copper & Gold Inc. (FCX), Corrections Corp. of America New (CXW, Financial), Teledyne Technologies Inc. (TDY, Financial), Marvel Entertainment Inc. (MVL, Financial), and Clearwire Corp (CLWR, Financial).
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
FreeportMcMoRan Copper & Gold Inc. (FCX): Director Robert Day Bought 621,000 Shares
Director of FreeportMcMoRan Copper & Gold Inc., Robert Day, bought 621,000 shares on 03/11/2009 at an average price of $37.04.
FreeportMcMoRan is engaged in mineral exploration and development, mining, the milling of copper gold and silver in Indonesia, and the smelting and refining of copper concentrates in Spain and Indonesia. The company is a low-cost copper producer and one of the world's largest producers of copper and gold. FCX's operations are conducted through its subsidiaries P.T. Freeport Indonesia (PT-FI) P.T. IRJA Eastern Minerals Corporation (Eastern Mining) and through Atlantic Copper S.A. (Atlantic). FreeportMcMoRan Copper & Gold Inc. has a market cap of $13.99 billion; its shares were traded at around $37.04 with a P/E ratio of 6.9 and P/S ratio of 0.7. FreeportMcMoRan Copper & Gold Inc. had an annual average earning growth of 15.1% over the past 10 years.
FreeportMcMoRan recently reported a fourth-quarter net loss of $13.9 billion, compared to the $414 million net income for the fourth quarter in 2007. For the year ended 12/31/08, FCX reported a net loss of $11.3 billion compared with the $2.8 billion net income of 2007.
FreeportMcMoRan Copper & Gold Inc. is owned by four Gurus. Kenneth Fisher bought 7,614,148 shares in the quarter that ended on 09/30/2008. David Drenam, David Williams, and PRIMECAP Management all own shares of FCX as of 12/31/08.
Buy: Director Robert Day bought 621,000 shares of FCX stock last week; the price of the stock has increased by 4.75% since. He also sold 457, 810 shares of FCX in December. Buy: Director Jon C/ Madonna, Buy: Director B M Jr Rankin, and Buy: Director Robert J Jr Allison all bought shares of FCX in December, November, and October respectively.
Corrections Corp. of America New (CXW): Director Henri L Wedell Bought 106,423 Shares
Director of Corrections Corp. of America New, Henri L Wedell, bought 106,423 shares on 3/06/2009 at an average price of $13.09.
Corrections Corporation of America Company is a provider of detention and corrections services to governmental agencies. The company is one of the industry leaders in private sector corrections with beds in facilities under contract for management in the United States and Puerto Rico. The company's full range of services includes design, construction, ownership, renovation, and management of new or existing jails and prisons, as well as long distance inmate transportation services. (Company Press Release) Corrections Corp. of America New has a market cap of $1.57 billion; its shares were traded at around $13.09 with a P/E ratio of 10.9 and P/S ratio of 1.1. Corrections Corp. of America New had an annual average earning growth of 7% over the past 5 years.
On 2/10/09, Corrections Corp. of America New released its financials. Total revenue for the fourth quarter of 2008 increased 8.8% to $414.4 million from $380.8 million during the same period in 2007. Financial results for 2008 reflected a 9.8% increase in revenue.
Corrections Corp. of America New is owned by one Guru; Ron Baron owns 426,732 shares as of 12/31/2008, which accounts for 0.07% of the $10.58 billion portfolio of Baron Funds.
Buy: Director Henri L Wedell bought 106,423 shares of CXW stock on 3/06/2009; the price of the stock has increased by 34.12% since. John W Harris sold shares in the same month. Buy: Director Charles L Overby bought 5,000 shares of CXW stock on 2/13/2009; the price of the stock has increased by 15.94% since.
Teledyne Technologies Inc. (TDY): Exec. VP, Gen. Counsel & Sec. John T Kuelbs Bought 27,630 Shares
Exec. VP, Gen. Counsel & Sec. of Teledyne Technologies Inc., John T Kuelbs, bought 27,630 shares on 03/12/2009 at an average price of $23.43.
Teledyne Technologies Inc. is a leading provider of sophisticated electronic and communication products, systems, engineering solutions, information, technology services, and aerospace engines and components. Teledyne Technologies Inc. has a market cap of $841.9 million; its shares were traded at around $23.43 with a P/E ratio of 6.9 and P/S ratio of 0.4. Teledyne Technologies Inc. had an annual average earning growth of 33.2% over the past 5 years.
Teledyne Technologies on January 22, 2009 reported fourth quarter 2008 sales of $467.1 million, compared with sales of $427.5 million for the same period of 2007. Net income for the fourth quarter of 2008 was $30.8 million, compared with net income of $26.6 million in the fourth quarter of 2007. Sales for full-year 2008 were $1,895.3 million, compared with $1,622.3 million for 2007. Net income for full-year 2008 was $122.2 million, compared with $98.5 million for 2007.
Teledyne Technologies Inc. is owned by two Gurus. Kenneth Fisher owns 981,125 shares as of 9/30/2008, which accounts for 0.18% of the $31.63 billion portfolio of Fisher Asset Management, LLC. John Keeley owns 1,183,800 shares as of 12/31/2008; they make up 0.88% of the $6 billion portfolio of Keeley Fund Management.
Buy: Exec. VP, Gen. Counsel & Sec. John T Kuelbs bought 27,630 shares of TDY stock on 3/12/2009; the price of the stock has increased by 0.34% since. Buy: Director Charles Crocker bought 5,000 shares of TDY stock on 10/28/2008; the price of the stock has decreased by 38.95% since. Sell: Director Robert P Bozzone shares of TDY the same day.
Marvel Entertainment Inc. (MVL): Director James Breyer Bought 25,000 Shares
Director of Marvel Entertainment Inc., James Breyer, bought 25,000 shares on 3/12/2009 at an average price of $24.67.
With a library of over 5000 characters, Marvel Entertainment Inc. is one of the world's most prominent character-based entertainment companies. Marvel's operations are focused on utilizing its character franchises in licensing entertainment publishing and toys. Areas of emphasis include feature films DVD/home video consumer products video games action figures and role-playing toys television and promotions. Marvel's strategy is to leverage its character franchises in a growing array of opportunities around the world. Marvel Entertainment Inc. has a market cap of $1.94 billion; its shares were traded at around $24.67 with a P/E ratio of 9.5 and P/S ratio of 2.8. Marvel Entertainment Inc. had an annual average earning growth of 15.4% over the past 5 years.
Marvel Entertainment Inc. is owned by two Gurus. As of 12/31/08, Richard Aster Jr owns 822,400 shares, which accounts for 1.3% of the $1.94 billion portfolio of Meridian Fund. Ron Baron owns 2,608,100 shares, which accounts for 0.76% of the $10.58 billion portfolio of Baron Funds.
Buy: EVP and CFO Kenneth P West bought 1,700 shares of MVL stock on 10/10/2008; the price of the stock has decreased by 8.6% since. Buy: Director James Breyer bought 50,000 shares of MVL stock total December through March; the price of the stock has increased by 1.61% since. Buy: EVP, Office of Chief Executive David Maisel bought 100,000 shares of MVL stock on 11/20/2008; the price of the stock has increased by 1.15% since. Sell: Director Sid Ganis and Sell: Director Morton E Handel both sold shares of MVL stock in November.
Clearwire Corp. (CLWR): Director John W Stanton Bought 200,000 Shares
Director of Clearwire Corp., John W Stanton, bought 200,000 shares on 3/10/2009 at an average price of $3.59.
Clearwire Corp. is a provider of simple, portable, and reliable wireless high-speed Internet service. Clearwire customers connect to the Internet using licensed spectrum, thus eliminating the confines of traditional cable or phone lines. Headquartered in Kirkland, the company now offers service in fifty markets across the U.S as well as in Europe. Clearwire Corp. has a market cap of $590.1 million; its shares were traded at around $3.59 with and P/S ratio of 28.8.
Buy: Director John W Stanton bought 200,000 shares of CLWR stock on 03/10/2009 at the average price of $2.97; the price of the stock has increased by 20.88% since.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
FreeportMcMoRan Copper & Gold Inc. (FCX): Director Robert Day Bought 621,000 Shares
Director of FreeportMcMoRan Copper & Gold Inc., Robert Day, bought 621,000 shares on 03/11/2009 at an average price of $37.04.
FreeportMcMoRan is engaged in mineral exploration and development, mining, the milling of copper gold and silver in Indonesia, and the smelting and refining of copper concentrates in Spain and Indonesia. The company is a low-cost copper producer and one of the world's largest producers of copper and gold. FCX's operations are conducted through its subsidiaries P.T. Freeport Indonesia (PT-FI) P.T. IRJA Eastern Minerals Corporation (Eastern Mining) and through Atlantic Copper S.A. (Atlantic). FreeportMcMoRan Copper & Gold Inc. has a market cap of $13.99 billion; its shares were traded at around $37.04 with a P/E ratio of 6.9 and P/S ratio of 0.7. FreeportMcMoRan Copper & Gold Inc. had an annual average earning growth of 15.1% over the past 10 years.
FreeportMcMoRan recently reported a fourth-quarter net loss of $13.9 billion, compared to the $414 million net income for the fourth quarter in 2007. For the year ended 12/31/08, FCX reported a net loss of $11.3 billion compared with the $2.8 billion net income of 2007.
FreeportMcMoRan Copper & Gold Inc. is owned by four Gurus. Kenneth Fisher bought 7,614,148 shares in the quarter that ended on 09/30/2008. David Drenam, David Williams, and PRIMECAP Management all own shares of FCX as of 12/31/08.
Buy: Director Robert Day bought 621,000 shares of FCX stock last week; the price of the stock has increased by 4.75% since. He also sold 457, 810 shares of FCX in December. Buy: Director Jon C/ Madonna, Buy: Director B M Jr Rankin, and Buy: Director Robert J Jr Allison all bought shares of FCX in December, November, and October respectively.
Corrections Corp. of America New (CXW): Director Henri L Wedell Bought 106,423 Shares
Director of Corrections Corp. of America New, Henri L Wedell, bought 106,423 shares on 3/06/2009 at an average price of $13.09.
Corrections Corporation of America Company is a provider of detention and corrections services to governmental agencies. The company is one of the industry leaders in private sector corrections with beds in facilities under contract for management in the United States and Puerto Rico. The company's full range of services includes design, construction, ownership, renovation, and management of new or existing jails and prisons, as well as long distance inmate transportation services. (Company Press Release) Corrections Corp. of America New has a market cap of $1.57 billion; its shares were traded at around $13.09 with a P/E ratio of 10.9 and P/S ratio of 1.1. Corrections Corp. of America New had an annual average earning growth of 7% over the past 5 years.
On 2/10/09, Corrections Corp. of America New released its financials. Total revenue for the fourth quarter of 2008 increased 8.8% to $414.4 million from $380.8 million during the same period in 2007. Financial results for 2008 reflected a 9.8% increase in revenue.
Corrections Corp. of America New is owned by one Guru; Ron Baron owns 426,732 shares as of 12/31/2008, which accounts for 0.07% of the $10.58 billion portfolio of Baron Funds.
Buy: Director Henri L Wedell bought 106,423 shares of CXW stock on 3/06/2009; the price of the stock has increased by 34.12% since. John W Harris sold shares in the same month. Buy: Director Charles L Overby bought 5,000 shares of CXW stock on 2/13/2009; the price of the stock has increased by 15.94% since.
Teledyne Technologies Inc. (TDY): Exec. VP, Gen. Counsel & Sec. John T Kuelbs Bought 27,630 Shares
Exec. VP, Gen. Counsel & Sec. of Teledyne Technologies Inc., John T Kuelbs, bought 27,630 shares on 03/12/2009 at an average price of $23.43.
Teledyne Technologies Inc. is a leading provider of sophisticated electronic and communication products, systems, engineering solutions, information, technology services, and aerospace engines and components. Teledyne Technologies Inc. has a market cap of $841.9 million; its shares were traded at around $23.43 with a P/E ratio of 6.9 and P/S ratio of 0.4. Teledyne Technologies Inc. had an annual average earning growth of 33.2% over the past 5 years.
Teledyne Technologies on January 22, 2009 reported fourth quarter 2008 sales of $467.1 million, compared with sales of $427.5 million for the same period of 2007. Net income for the fourth quarter of 2008 was $30.8 million, compared with net income of $26.6 million in the fourth quarter of 2007. Sales for full-year 2008 were $1,895.3 million, compared with $1,622.3 million for 2007. Net income for full-year 2008 was $122.2 million, compared with $98.5 million for 2007.
Teledyne Technologies Inc. is owned by two Gurus. Kenneth Fisher owns 981,125 shares as of 9/30/2008, which accounts for 0.18% of the $31.63 billion portfolio of Fisher Asset Management, LLC. John Keeley owns 1,183,800 shares as of 12/31/2008; they make up 0.88% of the $6 billion portfolio of Keeley Fund Management.
Buy: Exec. VP, Gen. Counsel & Sec. John T Kuelbs bought 27,630 shares of TDY stock on 3/12/2009; the price of the stock has increased by 0.34% since. Buy: Director Charles Crocker bought 5,000 shares of TDY stock on 10/28/2008; the price of the stock has decreased by 38.95% since. Sell: Director Robert P Bozzone shares of TDY the same day.
Marvel Entertainment Inc. (MVL): Director James Breyer Bought 25,000 Shares
Director of Marvel Entertainment Inc., James Breyer, bought 25,000 shares on 3/12/2009 at an average price of $24.67.
With a library of over 5000 characters, Marvel Entertainment Inc. is one of the world's most prominent character-based entertainment companies. Marvel's operations are focused on utilizing its character franchises in licensing entertainment publishing and toys. Areas of emphasis include feature films DVD/home video consumer products video games action figures and role-playing toys television and promotions. Marvel's strategy is to leverage its character franchises in a growing array of opportunities around the world. Marvel Entertainment Inc. has a market cap of $1.94 billion; its shares were traded at around $24.67 with a P/E ratio of 9.5 and P/S ratio of 2.8. Marvel Entertainment Inc. had an annual average earning growth of 15.4% over the past 5 years.
Marvel Entertainment Inc. is owned by two Gurus. As of 12/31/08, Richard Aster Jr owns 822,400 shares, which accounts for 1.3% of the $1.94 billion portfolio of Meridian Fund. Ron Baron owns 2,608,100 shares, which accounts for 0.76% of the $10.58 billion portfolio of Baron Funds.
Buy: EVP and CFO Kenneth P West bought 1,700 shares of MVL stock on 10/10/2008; the price of the stock has decreased by 8.6% since. Buy: Director James Breyer bought 50,000 shares of MVL stock total December through March; the price of the stock has increased by 1.61% since. Buy: EVP, Office of Chief Executive David Maisel bought 100,000 shares of MVL stock on 11/20/2008; the price of the stock has increased by 1.15% since. Sell: Director Sid Ganis and Sell: Director Morton E Handel both sold shares of MVL stock in November.
Clearwire Corp. (CLWR): Director John W Stanton Bought 200,000 Shares
Director of Clearwire Corp., John W Stanton, bought 200,000 shares on 3/10/2009 at an average price of $3.59.
Clearwire Corp. is a provider of simple, portable, and reliable wireless high-speed Internet service. Clearwire customers connect to the Internet using licensed spectrum, thus eliminating the confines of traditional cable or phone lines. Headquartered in Kirkland, the company now offers service in fifty markets across the U.S as well as in Europe. Clearwire Corp. has a market cap of $590.1 million; its shares were traded at around $3.59 with and P/S ratio of 28.8.
Buy: Director John W Stanton bought 200,000 shares of CLWR stock on 03/10/2009 at the average price of $2.97; the price of the stock has increased by 20.88% since.
