Weekly highlight of top insider buys: The Walt Disney Company (DIS, Financial), Citigroup Inc. (C, Financial), Starbucks Corp. (SBUX, Financial), Harman International Industries Inc. (HAR, Financial), and Valley National Bancorp (VLY, Financial)
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
The Walt Disney Company Disney (DIS): Director John E Pepper Bought 3,000 Shares
Director of The Walt Disney Company, John E Pepper, bought 3,000 shares on 9/02/2009 at an average price of $25.9.
Walt Disney Company owns 100% of Disney Enterprises Inc. which together with its subsidiaries is a diversified worldwide entertainment company with operations in five business segments: Media Networks, Studio Entertainment, Theme Parks and Resorts, Consumer Products, and Internet and Direct Marketing. The Walt Disney Company has a market cap of $48.09 billion; its shares were traded at around $25.9 with a P/E ratio of 14.4 and P/S ratio of 1.3. The dividend yield of The Walt Disney Company stocks is 1.3%. The Walt Disney Company had an annual average earning growth of 4.4% over the past 10 years.
On July 30, the Walt Disney Company reported earnings for its third fiscal quarter ended June 27, 2009 . Diluted earnings per share for the third quarter were $0.51, compared to $0.66 in the prior-year quarter. EPS for the current quarter included $0.01 of restructuring and impairment charges while the prior-year quarter included an accounting gain related to the acquisition of the Disney Stores North America.
The Walt Disney Company Disney is in the portfolios of eighteen Gurus: Andreas Halvorsen, Donald Yacktman, Mark Hillman, Mason Hawkins, John Rogers,Ă‚ Chris Davis, Tom Gayner, Sarah Ketterer, John Hussman, Ruane Cunniff, Brian Rogers, PRIMECAP Management, Dodge & Cox, Arnold Van Den Berg, Kenneth Fisher, Bill Nygren, Robert Olstein, and David Dreman.
Last week, Buy: Director John E Pepper bought 3,000 shares of DIS stock; the price of the stock has increased by 1.85% since. Sell: Sr. EVP & Chief Finan. Officer Thomas O Staggs sold 75,000 shares in May.
Citigroup Inc. (C): Director Robert L Joss Bought 17,000 Shares
Director of Citigroup Inc., Robert L Joss, bought 17,000 shares on 8/28/2009 at an average price of $4.85.
Citigroup Inc. has a market cap of $26.71 billion; its shares were traded at around $4.85 with and P/S ratio of 0.5. Citigroup Inc. had an annual average earning growth of 5.1% over the past 10 years.
On July 17, Citigroup Inc. reported net income for the second quarter of 2009 of $4.3 billion, or $0.49 per diluted share. Second quarter revenues were $30.0 billion. These results include an $11.1 billion pre-tax ($6.7 billion after-tax) gain associated with the Morgan Stanley Smith Barney joint venture transaction, which closed on June 1, 2009 .
Citigroup Inc. is in the portfolios of Irving Kahn, Kenneth Fisher, Richard Perry, Edward Lampert, Jean-Marie Eveillard, Hotchkis & Wiley, Ruane cunniff, Richard Pzena, David Dreman, and Charles Brandes.
Buy: CEO, Citibank, N.A. Eugene M Mcquade bought 3,000,000 shares of C stock last month; the price has increased over 50%. Buy: Director Robert L Joss , Buy: Director William S Thompson , and Buy: Director Richard D Parsons also bought shares in August.
Starbucks Corp. (SBUX): Director Kevin R Johnson Bought 2,000 Shares
Director of Starbucks Corp., Kevin R Johnson, bought 2,000 shares on 8/31/2009 at an average price of $19.02.
Starbucks Corp. has a market cap of $14 billion; its shares were traded at around $19.02 with a P/E ratio of 29.2 and P/S ratio of 1.3. Starbucks Corp. had an annual average earning growth of 24.4% over the past 10 years. GuruFocus rated Starbucks Corp. the business predictability rank of 5-star.
On July 21, Starbucks Corp. reported financial results for the quarter ended June 28, 2009 . Net revenues were $2.4 billion, compared to $2.6 billion in the third quarter of 2008.
Starbucks Corp. is in the portfolios of John Hussman of Hussman Economtrics Advisors, Inc., Mark Hillman of Hillman Capital Management, Richard Snow of Snow Capital Management, L.P. and Kenneth Fisher of Fisher Asset Management, LLC.
In July, Sell: evp, cfo and cao Troy Alstead sold 37,568 shares of SBUX stock and the price of the stock increased by 11.75%.
Buy: Director Kevin R Johnson has been buying shares since May, and Sell: Director Craig Weatherup sold 50,000 shares in May.
Harman International Industries Inc. (HAR): Director Harald Einsmann Bought 3,600 Shares
Director of Harman International Industries Inc., Harald Einsmann, bought 3,600 shares on 9/02/2009 at an average price of $27.77.
Harman International Industries Incorporated is a leading manufacturer of high-quality, high-fidelity audio products and electronic systems for the automotive consumer and professional markets. Harman International Industries Inc. has a market cap of $1.93 billion; its shares were traded at around $27.77 with and P/S ratio of 0.7. Harman International Industries Inc. had an annual average earning growth of 16.8% over the past 10 years. GuruFocus rated Harman International Industries Inc. the business predictability rank of 3-star.
On August 19, Harman International Industries, Incorporated announced results for the fourth quarter and fiscal year ended June 30, 2009 . For the fiscal year 2009, net sales were $2.9 billion, a decrease of 30 percent compared to the prior year. Net sales for the fourth quarter were $668 million, a 37 percent decrease compared to $1.1 billion for the same period last year.
Harman International Industries Inc. is in the portfolios of Charles Brandes of Brandes Investment,Ă‚ Richard Pzena of Pzena Investment Management LLC, Kenneth Fisher of Fisher Asset Management, LLC, Brian Rogers of T Rowe Price Equity Income Fund, and David Einhorn of Greenlight Capital Inc.Ă‚
Last month, Sell: Chairman, CEO & President Dinesh C Paliwal sold 8,169 shares of HAR stock; the price of the stock has decreased by 8.8% since. Buy: Director Harald Einsmann bought shares in September and Sell: Chief Human Resources Officer John Stacey sold shares in August.
Valley National Bancorp (VLY): Executive Vice President James G Lawrence Bought 2,971 Shares
Executive Vice President of Valley National Bancorp, James G Lawrence, bought 2,971 shares on 8/28/2009 at an average price of $11.27.
Valley National Bancorp is a bank holding company whose principal subsidiary is Valley National Bank. Valley National Bank provides a full range of commercial and retail banking services through branch offices located in northern New Jersey . Valley National Bancorp has a market cap of $1.6 billion; its shares were traded at around $11.27 with a P/E ratio of 26.8 and P/S ratio of 2.2. The dividend yield of Valley National Bancorp stocks is 6.8%. Valley National Bancorp had an annual average earning growth of 0.6% over the past 5 years.
On July 23, Valley National Bancorp, the holding company for Valley National Bank, today reported net income for second quarter of $15.0 million, $0.06 per diluted common share, compared to second quarter of 2008 earnings of $41.5 million, or $0.31 per diluted common share.
Richard Snow owns 11,024 shares of Valley National Bancorp as of 6/30/2009 , which accounts for 0.01% of the $1.96 billion portfolio of Snow Capital Management, L.P.
In April, Sell: Chairman, President and CEOĂ‚ Gerald H Lipkin sold 858 shares of VLY stock. The price of the stock has decreased by 15.77% since.
Buy: Executive Vice President James G Lawrence bought 2,971 shares. Sell: Senior EVP & COO Peter P Crocitto sold 1,400 shares the same month. Sell: Executive Vice President Robert Meyer , Sell: First Senior Vice President Richard P Garber , and Sell: FIRST SENIOR VICE PRESIDENT Robert E Farrell all sold shares in April.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
The Walt Disney Company Disney (DIS): Director John E Pepper Bought 3,000 Shares
Director of The Walt Disney Company, John E Pepper, bought 3,000 shares on 9/02/2009 at an average price of $25.9.
Walt Disney Company owns 100% of Disney Enterprises Inc. which together with its subsidiaries is a diversified worldwide entertainment company with operations in five business segments: Media Networks, Studio Entertainment, Theme Parks and Resorts, Consumer Products, and Internet and Direct Marketing. The Walt Disney Company has a market cap of $48.09 billion; its shares were traded at around $25.9 with a P/E ratio of 14.4 and P/S ratio of 1.3. The dividend yield of The Walt Disney Company stocks is 1.3%. The Walt Disney Company had an annual average earning growth of 4.4% over the past 10 years.
On July 30, the Walt Disney Company reported earnings for its third fiscal quarter ended June 27, 2009 . Diluted earnings per share for the third quarter were $0.51, compared to $0.66 in the prior-year quarter. EPS for the current quarter included $0.01 of restructuring and impairment charges while the prior-year quarter included an accounting gain related to the acquisition of the Disney Stores North America.
The Walt Disney Company Disney is in the portfolios of eighteen Gurus: Andreas Halvorsen, Donald Yacktman, Mark Hillman, Mason Hawkins, John Rogers,Ă‚ Chris Davis, Tom Gayner, Sarah Ketterer, John Hussman, Ruane Cunniff, Brian Rogers, PRIMECAP Management, Dodge & Cox, Arnold Van Den Berg, Kenneth Fisher, Bill Nygren, Robert Olstein, and David Dreman.
Last week, Buy: Director John E Pepper bought 3,000 shares of DIS stock; the price of the stock has increased by 1.85% since. Sell: Sr. EVP & Chief Finan. Officer Thomas O Staggs sold 75,000 shares in May.
Citigroup Inc. (C): Director Robert L Joss Bought 17,000 Shares
Director of Citigroup Inc., Robert L Joss, bought 17,000 shares on 8/28/2009 at an average price of $4.85.
Citigroup Inc. has a market cap of $26.71 billion; its shares were traded at around $4.85 with and P/S ratio of 0.5. Citigroup Inc. had an annual average earning growth of 5.1% over the past 10 years.
On July 17, Citigroup Inc. reported net income for the second quarter of 2009 of $4.3 billion, or $0.49 per diluted share. Second quarter revenues were $30.0 billion. These results include an $11.1 billion pre-tax ($6.7 billion after-tax) gain associated with the Morgan Stanley Smith Barney joint venture transaction, which closed on June 1, 2009 .
Citigroup Inc. is in the portfolios of Irving Kahn, Kenneth Fisher, Richard Perry, Edward Lampert, Jean-Marie Eveillard, Hotchkis & Wiley, Ruane cunniff, Richard Pzena, David Dreman, and Charles Brandes.
Buy: CEO, Citibank, N.A. Eugene M Mcquade bought 3,000,000 shares of C stock last month; the price has increased over 50%. Buy: Director Robert L Joss , Buy: Director William S Thompson , and Buy: Director Richard D Parsons also bought shares in August.
Starbucks Corp. (SBUX): Director Kevin R Johnson Bought 2,000 Shares
Director of Starbucks Corp., Kevin R Johnson, bought 2,000 shares on 8/31/2009 at an average price of $19.02.
Starbucks Corp. has a market cap of $14 billion; its shares were traded at around $19.02 with a P/E ratio of 29.2 and P/S ratio of 1.3. Starbucks Corp. had an annual average earning growth of 24.4% over the past 10 years. GuruFocus rated Starbucks Corp. the business predictability rank of 5-star.
On July 21, Starbucks Corp. reported financial results for the quarter ended June 28, 2009 . Net revenues were $2.4 billion, compared to $2.6 billion in the third quarter of 2008.
Starbucks Corp. is in the portfolios of John Hussman of Hussman Economtrics Advisors, Inc., Mark Hillman of Hillman Capital Management, Richard Snow of Snow Capital Management, L.P. and Kenneth Fisher of Fisher Asset Management, LLC.
In July, Sell: evp, cfo and cao Troy Alstead sold 37,568 shares of SBUX stock and the price of the stock increased by 11.75%.
Buy: Director Kevin R Johnson has been buying shares since May, and Sell: Director Craig Weatherup sold 50,000 shares in May.
Harman International Industries Inc. (HAR): Director Harald Einsmann Bought 3,600 Shares
Director of Harman International Industries Inc., Harald Einsmann, bought 3,600 shares on 9/02/2009 at an average price of $27.77.
Harman International Industries Incorporated is a leading manufacturer of high-quality, high-fidelity audio products and electronic systems for the automotive consumer and professional markets. Harman International Industries Inc. has a market cap of $1.93 billion; its shares were traded at around $27.77 with and P/S ratio of 0.7. Harman International Industries Inc. had an annual average earning growth of 16.8% over the past 10 years. GuruFocus rated Harman International Industries Inc. the business predictability rank of 3-star.
On August 19, Harman International Industries, Incorporated announced results for the fourth quarter and fiscal year ended June 30, 2009 . For the fiscal year 2009, net sales were $2.9 billion, a decrease of 30 percent compared to the prior year. Net sales for the fourth quarter were $668 million, a 37 percent decrease compared to $1.1 billion for the same period last year.
Harman International Industries Inc. is in the portfolios of Charles Brandes of Brandes Investment,Ă‚ Richard Pzena of Pzena Investment Management LLC, Kenneth Fisher of Fisher Asset Management, LLC, Brian Rogers of T Rowe Price Equity Income Fund, and David Einhorn of Greenlight Capital Inc.Ă‚
Last month, Sell: Chairman, CEO & President Dinesh C Paliwal sold 8,169 shares of HAR stock; the price of the stock has decreased by 8.8% since. Buy: Director Harald Einsmann bought shares in September and Sell: Chief Human Resources Officer John Stacey sold shares in August.
Valley National Bancorp (VLY): Executive Vice President James G Lawrence Bought 2,971 Shares
Executive Vice President of Valley National Bancorp, James G Lawrence, bought 2,971 shares on 8/28/2009 at an average price of $11.27.
Valley National Bancorp is a bank holding company whose principal subsidiary is Valley National Bank. Valley National Bank provides a full range of commercial and retail banking services through branch offices located in northern New Jersey . Valley National Bancorp has a market cap of $1.6 billion; its shares were traded at around $11.27 with a P/E ratio of 26.8 and P/S ratio of 2.2. The dividend yield of Valley National Bancorp stocks is 6.8%. Valley National Bancorp had an annual average earning growth of 0.6% over the past 5 years.
On July 23, Valley National Bancorp, the holding company for Valley National Bank, today reported net income for second quarter of $15.0 million, $0.06 per diluted common share, compared to second quarter of 2008 earnings of $41.5 million, or $0.31 per diluted common share.
Richard Snow owns 11,024 shares of Valley National Bancorp as of 6/30/2009 , which accounts for 0.01% of the $1.96 billion portfolio of Snow Capital Management, L.P.
In April, Sell: Chairman, President and CEOĂ‚ Gerald H Lipkin sold 858 shares of VLY stock. The price of the stock has decreased by 15.77% since.
Buy: Executive Vice President James G Lawrence bought 2,971 shares. Sell: Senior EVP & COO Peter P Crocitto sold 1,400 shares the same month. Sell: Executive Vice President Robert Meyer , Sell: First Senior Vice President Richard P Garber , and Sell: FIRST SENIOR VICE PRESIDENT Robert E Farrell all sold shares in April.
