Weekly highlight of top insider buys: Alcoa Inc. (AA, Financial), Chimera Investment Corp. Common Stock (CIM, Financial), National Beverage Corp. (FIZZ, Financial), Petroleum & Resources Corp. (PEO, Financial), and The Pep Boys Manny Moe and Jack (PBY, Financial)
For the complete list of stocks were that bought by their company executives, go to: Insider Buys.
Alcoa Inc. (AA): Director Ratan Tata Bought 3,954 Shares
Director of Alcoa Inc., Ratan Tata, bought 3,954 shares on 4/09/2009 at an average price of $9.26.
Alcoa Inc. is the world's leading producer and manager of aluminum. Alcoa serves the aerospace, automotive, and construction markets by bringing design engineering production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components Alcoa also markets consumer brands including Reynolds Wrap foils and plastic wraps, Alcoa wheels, and Baco household wraps. Alcoa Inc. has a market cap of $8.41 billion; its shares were traded at around $8.85 with a P/E ratio of 7.1 and P/S ratio of 0.3. The dividend yield of Alcoa Inc. stocks is 7.7%. Alcoa Inc. had an annual average earning growth of 3.5% over the past 10 years.
Alcoa Inc. recently reported its results for fourth quarter 2008. Net income was a loss of $1.19 billion, compared to Net income for the fourth quarter 2007, which was $632 million. Revenues for the fourth quarter 2008 were $5.7 billion, down from $7.0 billion in the third quarter 2008 and $6.1 billion in the fourth quarter 2007 after excluding divested businesses.
Alcoa Inc. is owned by seven Gurus. They include: Prem Watsa, Hotchkis & Wiley, Jean-Marie Eveillard, Richard Snow, Brian Rogers, Dodge & Cox, and Primecap Management.
Buy: Director Ratan Tata bought 3,954 shares of AA stock on 4/09/2009; the price of the stock has increased by 5.95%. He also bought 3,767 shares in January; the price per share has increased 2.32% since then.
Chimera Investment Corp Common Stock (CIM): Director Paul Donlin Bought 100,000 Shares
Director of Chimera Investment Corp. Common Stock, Paul Donlin, bought 100,000 shares on 4/15/2009 at an average price of $3.4.
Chimera Investment Corporation is a newly-formed specialty finance company that will invest in residential mortgage loans, residential mortgage-backed securities, real estate-related securities, and various other asset classes. Chimera Investment Corporation will be externally managed by Fixed Income Discount Advisory Company, a wholly-owned subsidiary of Annaly. Chimera Investment Corp Common Stock has a market cap of $602.5 million; its shares were traded at around $3.4 with and P/S ratio of 13.5. The dividend yield of Chimera Investment Corp Common Stock stocks is 7.1%.
Chimera Investment Corp Common Stock recently reported results for the quarter ended 12/31/08. Revenue was $28.19 million and net income was $-54.94 million.
Chimera Investment Corp Common Stock is owned by two Gurus. Ken Heebner bought 8,500,000 shares in the quarter that ended on 12/31/2008, which is 0.43% of the $6.87 billion portfolio of Capital Growth Management LP. Arnold Schneider owns 333,550 shares, a decrease of 28.1% of from the previous quarter. This position accounts for 0.08% of the $1.4 billion portfolio of Schneider Capital Management.
Buy: CEO, President and Director, Director Matthew Lambiase bought 100,000 shares of CIM stock on 2/17/2009; the price of the stock has increased by 16.44% since. Buy: Director Paul Donlin and Buy: Director Mark Abrams bought shares in April and March respectively. Sell: 10% Owner Holdings, L.p. Valueact sold 357,200 shares of CIM stock in November; the pricer per share has increased over 20% since.
National Beverage Corp. (FIZZ): Director Cecil D Conlee Bought 10,000 Shares
Director of National Beverage Corp., Cecil D Conlee, bought 10,000 shares on 4/14/2009 at an average price of $10.28.
National Beverage Corp. is a holding company for various subsidiaries that develop, manufacture, market, and distribute a complete portfolio of quality beverage products throughout the United States. National Beverage Corp. has a market cap of $472.9 million; its shares were traded at around $10.28 with a P/E ratio of 20.1 and P/S ratio of 0.8. National Beverage Corp. had an annual average earning growth of 4.5% over the past 10 years.
National Beverage Corp. on March 13, 2009 reported financial results for the periods ended January 31, 2009. Revenues increased 5% to $129.4 million and earnings grew 12% to $3.7 million.
Buy: Director Cecil D Conlee bought 10,000 shares of FIZZ stock on 4/14/2009 at the average price of $10.14; the price of the stock has increased by 1.38% since.
Petroleum & Resources Corp. (PEO): Director Craig R Smith Bought 2,000 Shares
Director of Petroleum & Resources Corp., Craig R Smith, bought 2,000 shares on 4/14/2009 at an average price of $19.33.
Petroleum & Resources Corp. is a closed-end equity investment company. The company buys and sells securities, generally including securities of corporations not directly or indirectly engaged in various branches of the petroleum industry. Petroleum & Resources Corp. has a market cap of $461.9 million; its shares were traded at around $19.33 with and P/S ratio of 30.9. The dividend yield of Petroleum & Resources Corp. stocks is 1.7%.
For the three months ended March 31st, the total return on Petroleum & Resources' net asset value, with dividends and capital gains reinvested, was -8.4 %. Comparable figures for the Dow Jones U. S. Oil and Gas Index, the Dow Jones U. S. Basic Materials Index, and the Standard & Poor's 500 Index were -11.0 %, -5.1 %, and -11.0 %, respectively. The total return on Petroleum & Resources' market value was -4.9 %.
Buy: Director Craig R Smith bought 2,000 shares of PEO stock on 4/14/2009 at the average price of $19.11; the price of the stock has increased by 1.15% since.
The Pep Boys Manny Moe & Jack (PBY): Director James Aubrey Williams Bought 5,000 Shares
Director of The Pep Boys Manny Moe & Jack (PBY) James Aubrey Williams bought 5,000 shares on 4/14/2009 at an average price of $7.62.
The Pep Boys Manny Moe & Jack is a leading automotive retail and service chain. The Company operates in the automotive aftermarket. The company is engaged principally in the retail sale of automotive parts, tires, and accessories, automotive maintenance and service and the installation of parts. The Pep BoysManny Moe & Jack has a market cap of $397.2 million; its shares were traded at around $7.62 with and P/S ratio of 0.2. The dividend yield of The Pep BoysManny Moe & Jack stocks is 1.5%.
The Pep Boys Manny Moe & Jack recently reported results for the quarter ended January 31, 2009. Sales for the thirteen weeks ended January 31, 2009 were $465,536,000 as compared to the $517,639,000 recorded for the thirteen weeks ended February 2, 2008. Net loss increased to $33,267,000 for the fourth quarter of fiscal 2008 from the $20,403,000 recorded in same period last year.
Buy: CEO, Director R. Odell Michael bought 28,500 shares of PBY stock in December; the price of the stock has increased by 117.71% since. Buy: EVP-CFO Raymond L Arthur bought 28,600 shares the same month. Buy: Director James Aubrey Williams bought 10,000 shares thoughout December to April. Buy: SVP-Merchandising & Marketing Webb Scott bought 19,895 shares of PBY stock in December; the price of the stock has increased by 105.95% since. Buy: Director Nick White also bought shares in December.
For the complete list of stocks were that bought by their company executives, go to: Insider Buys.
Alcoa Inc. (AA): Director Ratan Tata Bought 3,954 Shares
Director of Alcoa Inc., Ratan Tata, bought 3,954 shares on 4/09/2009 at an average price of $9.26.
Alcoa Inc. is the world's leading producer and manager of aluminum. Alcoa serves the aerospace, automotive, and construction markets by bringing design engineering production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components Alcoa also markets consumer brands including Reynolds Wrap foils and plastic wraps, Alcoa wheels, and Baco household wraps. Alcoa Inc. has a market cap of $8.41 billion; its shares were traded at around $8.85 with a P/E ratio of 7.1 and P/S ratio of 0.3. The dividend yield of Alcoa Inc. stocks is 7.7%. Alcoa Inc. had an annual average earning growth of 3.5% over the past 10 years.
Alcoa Inc. recently reported its results for fourth quarter 2008. Net income was a loss of $1.19 billion, compared to Net income for the fourth quarter 2007, which was $632 million. Revenues for the fourth quarter 2008 were $5.7 billion, down from $7.0 billion in the third quarter 2008 and $6.1 billion in the fourth quarter 2007 after excluding divested businesses.
Alcoa Inc. is owned by seven Gurus. They include: Prem Watsa, Hotchkis & Wiley, Jean-Marie Eveillard, Richard Snow, Brian Rogers, Dodge & Cox, and Primecap Management.
Buy: Director Ratan Tata bought 3,954 shares of AA stock on 4/09/2009; the price of the stock has increased by 5.95%. He also bought 3,767 shares in January; the price per share has increased 2.32% since then.
Chimera Investment Corp Common Stock (CIM): Director Paul Donlin Bought 100,000 Shares
Director of Chimera Investment Corp. Common Stock, Paul Donlin, bought 100,000 shares on 4/15/2009 at an average price of $3.4.
Chimera Investment Corporation is a newly-formed specialty finance company that will invest in residential mortgage loans, residential mortgage-backed securities, real estate-related securities, and various other asset classes. Chimera Investment Corporation will be externally managed by Fixed Income Discount Advisory Company, a wholly-owned subsidiary of Annaly. Chimera Investment Corp Common Stock has a market cap of $602.5 million; its shares were traded at around $3.4 with and P/S ratio of 13.5. The dividend yield of Chimera Investment Corp Common Stock stocks is 7.1%.
Chimera Investment Corp Common Stock recently reported results for the quarter ended 12/31/08. Revenue was $28.19 million and net income was $-54.94 million.
Chimera Investment Corp Common Stock is owned by two Gurus. Ken Heebner bought 8,500,000 shares in the quarter that ended on 12/31/2008, which is 0.43% of the $6.87 billion portfolio of Capital Growth Management LP. Arnold Schneider owns 333,550 shares, a decrease of 28.1% of from the previous quarter. This position accounts for 0.08% of the $1.4 billion portfolio of Schneider Capital Management.
Buy: CEO, President and Director, Director Matthew Lambiase bought 100,000 shares of CIM stock on 2/17/2009; the price of the stock has increased by 16.44% since. Buy: Director Paul Donlin and Buy: Director Mark Abrams bought shares in April and March respectively. Sell: 10% Owner Holdings, L.p. Valueact sold 357,200 shares of CIM stock in November; the pricer per share has increased over 20% since.
National Beverage Corp. (FIZZ): Director Cecil D Conlee Bought 10,000 Shares
Director of National Beverage Corp., Cecil D Conlee, bought 10,000 shares on 4/14/2009 at an average price of $10.28.
National Beverage Corp. is a holding company for various subsidiaries that develop, manufacture, market, and distribute a complete portfolio of quality beverage products throughout the United States. National Beverage Corp. has a market cap of $472.9 million; its shares were traded at around $10.28 with a P/E ratio of 20.1 and P/S ratio of 0.8. National Beverage Corp. had an annual average earning growth of 4.5% over the past 10 years.
National Beverage Corp. on March 13, 2009 reported financial results for the periods ended January 31, 2009. Revenues increased 5% to $129.4 million and earnings grew 12% to $3.7 million.
Buy: Director Cecil D Conlee bought 10,000 shares of FIZZ stock on 4/14/2009 at the average price of $10.14; the price of the stock has increased by 1.38% since.
Petroleum & Resources Corp. (PEO): Director Craig R Smith Bought 2,000 Shares
Director of Petroleum & Resources Corp., Craig R Smith, bought 2,000 shares on 4/14/2009 at an average price of $19.33.
Petroleum & Resources Corp. is a closed-end equity investment company. The company buys and sells securities, generally including securities of corporations not directly or indirectly engaged in various branches of the petroleum industry. Petroleum & Resources Corp. has a market cap of $461.9 million; its shares were traded at around $19.33 with and P/S ratio of 30.9. The dividend yield of Petroleum & Resources Corp. stocks is 1.7%.
For the three months ended March 31st, the total return on Petroleum & Resources' net asset value, with dividends and capital gains reinvested, was -8.4 %. Comparable figures for the Dow Jones U. S. Oil and Gas Index, the Dow Jones U. S. Basic Materials Index, and the Standard & Poor's 500 Index were -11.0 %, -5.1 %, and -11.0 %, respectively. The total return on Petroleum & Resources' market value was -4.9 %.
Buy: Director Craig R Smith bought 2,000 shares of PEO stock on 4/14/2009 at the average price of $19.11; the price of the stock has increased by 1.15% since.
The Pep Boys Manny Moe & Jack (PBY): Director James Aubrey Williams Bought 5,000 Shares
Director of The Pep Boys Manny Moe & Jack (PBY) James Aubrey Williams bought 5,000 shares on 4/14/2009 at an average price of $7.62.
The Pep Boys Manny Moe & Jack is a leading automotive retail and service chain. The Company operates in the automotive aftermarket. The company is engaged principally in the retail sale of automotive parts, tires, and accessories, automotive maintenance and service and the installation of parts. The Pep BoysManny Moe & Jack has a market cap of $397.2 million; its shares were traded at around $7.62 with and P/S ratio of 0.2. The dividend yield of The Pep BoysManny Moe & Jack stocks is 1.5%.
The Pep Boys Manny Moe & Jack recently reported results for the quarter ended January 31, 2009. Sales for the thirteen weeks ended January 31, 2009 were $465,536,000 as compared to the $517,639,000 recorded for the thirteen weeks ended February 2, 2008. Net loss increased to $33,267,000 for the fourth quarter of fiscal 2008 from the $20,403,000 recorded in same period last year.
Buy: CEO, Director R. Odell Michael bought 28,500 shares of PBY stock in December; the price of the stock has increased by 117.71% since. Buy: EVP-CFO Raymond L Arthur bought 28,600 shares the same month. Buy: Director James Aubrey Williams bought 10,000 shares thoughout December to April. Buy: SVP-Merchandising & Marketing Webb Scott bought 19,895 shares of PBY stock in December; the price of the stock has increased by 105.95% since. Buy: Director Nick White also bought shares in December.
