Weekly highlight of top insider buys: Oneok Partners L.P. (OKS, Financial), Chico 's FAS Inc. (CHS, Financial), Volcano Corp. (VOLC, Financial), Graphic Packaging Corporation (GPK, Financial), and Alaska Air Group Inc. (ALK, Financial)
For the complete list of stocks were that bought by their company executives, go to: Insider Buys.
Oneok Partners L.P. (OKS): Policy Committee Member John William Gibson Bought 5,000 Shares
Policy Committee Member of Oneok Partners L.P., John William Gibson, bought 5,000 shares on 6/17/2009 at an average price of $44.99.
Northern Border Pipeline owns an interstate pipeline system that transports natural gas from the Montana-Saskatchewan border to markets in the midwestern United States. This pipeline system connects with multiple pipelines that provide shippers with access to the various natural gas markets. Oneok Partners L.P. has a market cap of $4.09 billion; its shares were traded at around $44.99 with a P/E ratio of 8.5 and P/S ratio of 0.5. The dividend yield of Oneok Partners L.P. stocks is 9.6%. Oneok Partners L.P. had an annual average earning growth of 2.8% over the past 10 years. GuruFocus rated Oneok Partners L.P. the business predictability rank of 2-star.
On April 29, 2009, ONEOK Partners, L.P. announced first-quarter 2009 earnings of 85 cents per unit, compared with $1.48 per unit for the first quarter 2008. Net income attributable to ONEOK Partners was $99.6 million in the first quarter 2009, compared with $145.0 million in the same period in 2008.
Buy: EVP, CFO & Treas. Curtis Dinan bought 5,500 shares of OKS stock total from March to June. Since his latest buy, the price of the stock has increased by 2.2% since. Buy: Policy Committee Member John William Gibson also bought shares this month, and Buy: Director Gary N Petersen and Buy: SVP & Chief Acctg. Officer Caron A Lawhorn bought shares in March. Buy: EVP, General Counsel, Sec John R Barker bought 167 shares in February.
Chico's FAS Inc. (CHS): Director John W Burden Bought 10,000 Shares
Director of Chico's FAS Inc., John W Burden, bought 10,000 shares during the past week at an average price of $10.16.
Chico ’s FAS Inc. is a specialty retailer of exclusively designed private label casual clothing and related accessories. Each store offers collections tops, pants, shorts, skirts, and more. Chico's FAS Inc. has a market cap of $1.8 billion; its shares were traded at around $10.16 with a P/E ratio of 508 and P/S ratio of 1.1. Chico's FAS Inc. had an annual average earning growth of 38.5% over the past 10 years. GuruFocus rated Chico's FAS Inc. the business predictability rank of 2.5-star.
On May 7 , 2009, Chico's FAS, Inc. reported net sales for the thirteen-week period ended May 2, 2009 increased 0.2% to $410.6 million, compared to $409.6 million reported for the thirteen-week period ended May 3, 2008.
Chico 's FAS Inc. is in the portfolios of Lee Ainslie, PRIMECAP Management, Arnold Schneider, and Richard Snow.
In March, Buy: EVP- CFO Kent A Kleeberger bought 3,000 shares of CHS stock and the price of the stock has increased by 93.52% since. Several other directors bought shares in June and March as well.
Volcano Corp. (VOLC): Director Roy T Tanaka Bought 5,000 Shares
Director of Volcano Corp. (VOLC) Roy T Tanaka bought 5,000 shares on 06/15/2009 at an average price of $14.47.
Volcano Corp. designs, develops, manufactures, and commercializes a range of intravascular ultrasound and functional measurement products for the diagnosis and treatment of vascular and structural heart disease. Volcano Corp. has a market cap of $699.4 million; its shares were traded at around $14.47 with and P/S ratio of 4.1.
The results for Volcano Corp. (reported on May 5, 2009) for the quarter ended March 31, 2009, represent a 34 percent increase over revenues of $36.6 million in the first quarter of 2008. For the first quarter of 2009, the company reported a GAAP net loss of $7.6 million, or $0.16 per share, versus a GAAP net loss of $2.3 million, or $0.05 per share, in the same period in 2008.
Sell: President & CEO R Scott Huennekens sold 100,000 shares of VOLC stock from March to June and the price of the stock has increased by 10.46% since his last buy. Several other directors bought shares from February to June, and Sell: Managing Dir of Volcano Europe Michel E Lussier sold 4,000 shares in April.
Graphic Packaging Corporation (GPK): VP, Chief Integration Officer Philip H. Ii Geminder Bought 2,500 Shares
VP, Chief Integration Officer of Graphic Packaging Corporation (GPK) Philip H. Ii Geminder bought 2,500 shares on 6/12/2009 at an average price of $1.93.
Graphic Packaging Corporation, headquartered in Marietta Georgia, provides paperboard packaging solutions for a wide variety of products to food, beverage, and other consumer products companies. Graphic Packaging's customers include some of the most widely recognized companies in the world. Graphic Packaging Coporation has a market cap of $661.2 million; its shares were traded at around $1.93 with and P/S ratio of 0.2.
On May 6, Graphic Packaging Corporation reported results for the first quarter of 2009. Net sales of $1,019.2 million increased $294.9 million or 41% over the prior year quarter. Net loss was $28.2 million.
In March, Buy: President & CEO David W Scheible bought 25,000 shares of GPK stock. Buy: SVP & CFO Daniel J Blount bought 39,500 shares the same month. A couple of directors bought shares in June and March.
Alaska Air Group Inc. (ALK): Director J Kenneth Thompson Bought 1,500 Shares
Director of Alaska Air Group Inc., J Kenneth Thompson, bought 1,500 shares on 6/15/2009 at an average price of $17.86.
Alaska Air Group Inc. is a holding company and has two principal subsidiaries: Alaska Airlines Inc. and Horizon Air Industries Inc. Both subsidiaries operate as airlines, but differ in business plan and economic risks. Alaska Air Group Inc. has a market cap of $649.9 million; its shares were traded at around $17.86 with a P/E ratio of 38.8 and P/S ratio of 0.2. Alaska Air Group Inc. had an annual average earning growth of 9% over the past 5 years.
Alaska Air Group Inc. is owned by one Guru: PRIMECAP Management.
This month, Buy: Director J Kenneth Thompson bought 1,500 shares of ALK stock; the price of the stock has increased by 8.97% since. Sell: VP/FINANCE AND TREASURER John F Jr Schaefer sold 1,000 shares in May, and Sell: FRMR EXEC VP/FLIGHT & MRKTG Gregg A Saretsky and Sell: FRMR EXEC VP/FLIGHT & MRKTG Gregg A Saretsky both sold shares in February.
For the complete list of stocks were that bought by their company executives, go to: Insider Buys.
Oneok Partners L.P. (OKS): Policy Committee Member John William Gibson Bought 5,000 Shares
Policy Committee Member of Oneok Partners L.P., John William Gibson, bought 5,000 shares on 6/17/2009 at an average price of $44.99.
Northern Border Pipeline owns an interstate pipeline system that transports natural gas from the Montana-Saskatchewan border to markets in the midwestern United States. This pipeline system connects with multiple pipelines that provide shippers with access to the various natural gas markets. Oneok Partners L.P. has a market cap of $4.09 billion; its shares were traded at around $44.99 with a P/E ratio of 8.5 and P/S ratio of 0.5. The dividend yield of Oneok Partners L.P. stocks is 9.6%. Oneok Partners L.P. had an annual average earning growth of 2.8% over the past 10 years. GuruFocus rated Oneok Partners L.P. the business predictability rank of 2-star.
On April 29, 2009, ONEOK Partners, L.P. announced first-quarter 2009 earnings of 85 cents per unit, compared with $1.48 per unit for the first quarter 2008. Net income attributable to ONEOK Partners was $99.6 million in the first quarter 2009, compared with $145.0 million in the same period in 2008.
Buy: EVP, CFO & Treas. Curtis Dinan bought 5,500 shares of OKS stock total from March to June. Since his latest buy, the price of the stock has increased by 2.2% since. Buy: Policy Committee Member John William Gibson also bought shares this month, and Buy: Director Gary N Petersen and Buy: SVP & Chief Acctg. Officer Caron A Lawhorn bought shares in March. Buy: EVP, General Counsel, Sec John R Barker bought 167 shares in February.
Chico's FAS Inc. (CHS): Director John W Burden Bought 10,000 Shares
Director of Chico's FAS Inc., John W Burden, bought 10,000 shares during the past week at an average price of $10.16.
Chico ’s FAS Inc. is a specialty retailer of exclusively designed private label casual clothing and related accessories. Each store offers collections tops, pants, shorts, skirts, and more. Chico's FAS Inc. has a market cap of $1.8 billion; its shares were traded at around $10.16 with a P/E ratio of 508 and P/S ratio of 1.1. Chico's FAS Inc. had an annual average earning growth of 38.5% over the past 10 years. GuruFocus rated Chico's FAS Inc. the business predictability rank of 2.5-star.
On May 7 , 2009, Chico's FAS, Inc. reported net sales for the thirteen-week period ended May 2, 2009 increased 0.2% to $410.6 million, compared to $409.6 million reported for the thirteen-week period ended May 3, 2008.
Chico 's FAS Inc. is in the portfolios of Lee Ainslie, PRIMECAP Management, Arnold Schneider, and Richard Snow.
In March, Buy: EVP- CFO Kent A Kleeberger bought 3,000 shares of CHS stock and the price of the stock has increased by 93.52% since. Several other directors bought shares in June and March as well.
Volcano Corp. (VOLC): Director Roy T Tanaka Bought 5,000 Shares
Director of Volcano Corp. (VOLC) Roy T Tanaka bought 5,000 shares on 06/15/2009 at an average price of $14.47.
Volcano Corp. designs, develops, manufactures, and commercializes a range of intravascular ultrasound and functional measurement products for the diagnosis and treatment of vascular and structural heart disease. Volcano Corp. has a market cap of $699.4 million; its shares were traded at around $14.47 with and P/S ratio of 4.1.
The results for Volcano Corp. (reported on May 5, 2009) for the quarter ended March 31, 2009, represent a 34 percent increase over revenues of $36.6 million in the first quarter of 2008. For the first quarter of 2009, the company reported a GAAP net loss of $7.6 million, or $0.16 per share, versus a GAAP net loss of $2.3 million, or $0.05 per share, in the same period in 2008.
Sell: President & CEO R Scott Huennekens sold 100,000 shares of VOLC stock from March to June and the price of the stock has increased by 10.46% since his last buy. Several other directors bought shares from February to June, and Sell: Managing Dir of Volcano Europe Michel E Lussier sold 4,000 shares in April.
Graphic Packaging Corporation (GPK): VP, Chief Integration Officer Philip H. Ii Geminder Bought 2,500 Shares
VP, Chief Integration Officer of Graphic Packaging Corporation (GPK) Philip H. Ii Geminder bought 2,500 shares on 6/12/2009 at an average price of $1.93.
Graphic Packaging Corporation, headquartered in Marietta Georgia, provides paperboard packaging solutions for a wide variety of products to food, beverage, and other consumer products companies. Graphic Packaging's customers include some of the most widely recognized companies in the world. Graphic Packaging Coporation has a market cap of $661.2 million; its shares were traded at around $1.93 with and P/S ratio of 0.2.
On May 6, Graphic Packaging Corporation reported results for the first quarter of 2009. Net sales of $1,019.2 million increased $294.9 million or 41% over the prior year quarter. Net loss was $28.2 million.
In March, Buy: President & CEO David W Scheible bought 25,000 shares of GPK stock. Buy: SVP & CFO Daniel J Blount bought 39,500 shares the same month. A couple of directors bought shares in June and March.
Alaska Air Group Inc. (ALK): Director J Kenneth Thompson Bought 1,500 Shares
Director of Alaska Air Group Inc., J Kenneth Thompson, bought 1,500 shares on 6/15/2009 at an average price of $17.86.
Alaska Air Group Inc. is a holding company and has two principal subsidiaries: Alaska Airlines Inc. and Horizon Air Industries Inc. Both subsidiaries operate as airlines, but differ in business plan and economic risks. Alaska Air Group Inc. has a market cap of $649.9 million; its shares were traded at around $17.86 with a P/E ratio of 38.8 and P/S ratio of 0.2. Alaska Air Group Inc. had an annual average earning growth of 9% over the past 5 years.
Alaska Air Group Inc. is owned by one Guru: PRIMECAP Management.
This month, Buy: Director J Kenneth Thompson bought 1,500 shares of ALK stock; the price of the stock has increased by 8.97% since. Sell: VP/FINANCE AND TREASURER John F Jr Schaefer sold 1,000 shares in May, and Sell: FRMR EXEC VP/FLIGHT & MRKTG Gregg A Saretsky and Sell: FRMR EXEC VP/FLIGHT & MRKTG Gregg A Saretsky both sold shares in February.
