Weekly Top Insider Buys: Stericycle Inc., First Niagara Financial Group Inc., Brady Corp., Synovus Financial Corp., Old National Bancorp

Weekly Top Insider Buys: SRCL, FNFG, BRC, SNV, ONB

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Sep 28, 2009
According to GuruFocus Insider Data, these are the largest insider buys during the past week.

Stericycle Inc. (SRCL, Financial): Director Rodney F Dammeyer Bought 1,050 Shares

Director of Stericycle Inc. (SRCL) Rodney F Dammeyer bought 1,050 shares on 09/18/2009 at an average price of $47.46.

Stericycle Inc. is a multi-regional integrated company employing proprietary technology to provide environmentally-responsiblemanagement of regulated medical waste for the health care industry. The Company is the second-largest provider of regulated medical waste management services in the United States. Stericycle Inc. has a market cap of $4.04 billion; its shares were traded at around $47.46 with a P/E ratio of 25.12 and P/S ratio of 3.73. Stericycle Inc. had an annual average earning growth of 41.8% over the past 10 years. GuruFocus rated Stericycle Inc. the business predictability rank of 2.5-star.

Stericycle Inc. is owned by Ron Baron (1,141,303 shares) and Ruane Cunniff (6,600 shares) as of 06/30/2009.

Recently, CFO Brink Frank Jm Ten sold 12,500 shares of SRCL stock on 07/31/2009 at the average price of $51.44; the price of the stock has decreased by 7.74% since. However, Director Rodney F Dammeyer bought 1,050, 1,200, 2,500, and 2,500 shares of SRCL stock on 09/18/2009 , 09/04/2009, 08/20/2009, 08/18/2009 respectively.

First Niagara Financial Group Inc. (FNFG, Financial): Director Daniel W Judge Bought 9,155 Shares

Director of First Niagara Financial Group Inc. (FNFG) Daniel W Judge bought 9,155 shares on 09/24/2009 at an average price of $12.11.

First Niagara Financial Group Inc. is a multi-bank holding company and is the parent of First Niagara Bank Cortland Savings Bank and Cayuga Bank. First Niagara Financial Group Inc. has a market cap of $1.82 billion; its shares were traded at around $12.11 with a P/E ratio of 18.74 and P/S ratio of 3.28. The dividend yield of First Niagara Financial Group Inc. stocks is 4.6%. First Niagara Financial Group Inc. had an annual average earning growth of 19% over the past 10 years. GuruFocus rated First Niagara Financial Group Inc. the business predictability rank of 3.5-star.

FNFG is owned by John Keeley (3,385,615 shares) and Irving Kahn (928,442 shares).

Recently, Director Thomas E Baker bought 1,279 shares of FNFG stock on 09/24/2009 at the average price of $12.39; the price of the stock has decreased by 2.26% since. Director Daniel W Judge bought 9,155 shares of FNFG stock on 09/24/2009 at the average price of $13.16; the price of the stock has decreased by 7.98% since. And Director George M Philip bought 266 shares of FNFG stock on 09/24/2009 at the average price of $12.39; the price of the stock has decreased by 2.26% since.

Brady Corp. (BRC, Financial): VP Brady Europe Peter C Sephton Bought 3,000 Shares

VP Brady Europe of Brady Corp. (BRC) Peter C Sephton bought 3,000 shares on 09/18/2009 at an average price of $28.76.

Brady Corporation is a manufacturer and marketer of identification solutions and specialty coated materials. Their products consist stock and custom items as well as identification systems that are used to create a safer work environment for employees improve production and operating efficiencies and increase the utilization of assets through tracking and inventory process controls. Major product categories include: industrial identification and data collection products; safety and facility identification products; and original equipment manufacturers components. Brady Corp. has a market cap of $1.53 billion; its shares were traded at around $28.76 with a P/E ratio of 17.41 and P/S ratio of 1.27. The dividend yield of Brady Corp. stocks is 2.32%. Brady Corp. had an annual average earning growth of 12.4% over the past 10 years.

Brady Corp. is owned by Richard Pzena (512,798 shares) and John Rogers (3,228,833 shares)

Recently, VP Brady Europe Peter C Sephton bought 500, 3,000 shares of BRC stock on 09/25/2009, 09/18/2009, respectively. But Director Richard A Bemis sold 3,000 shares of BRC stock on 09/23/2009; Director Frank R Jarc sold 18,000 shares of BRC stock on 09/15/2009; and Director Robert C Buchanan sold 5,400 shares of BRC stock on 09/15/2009.

Synovus Financial Corp. (SNV, Financial): Director T Michael Goodrich Bought 62,500 Shares

Director of Synovus Financial Corp. (SNV) T Michael Goodrich bought 62,500 shares on 09/22/2009 at an average price of $3.74.

Synovus Financial Corp. is engaged in two reportable business segments: banking which is primarily involved in commercial banking activities and also provides retail banking trust services mortgage banking securities brokerage and insurance services and transaction processing which includes credit debit commercial and retail card processing and related services and debt collection and bankruptcy management services. Synovus Financial Corp. has a market cap of $1.23 billion; its shares were traded at around $3.74 with and P/S ratio of 0.53. The dividend yield of Synovus Financial Corp. stocks is 1.08%. Synovus Financial Corp. had an annual average earning growth of 10.4% over the past 10 years. GuruFocus rated Synovus Financial Corp. the business predictability rank of 2.5-star.

Recently, on September 22, 2009, D irector James H Blanchard bought 15,000 shares of SNV, Director T Michael Goodrich bought 62,500 shares, and Director J Neal Purcell bought 10,000 shares.

Old National Bancorp (ONB, Financial): Director Alan W Braun Bought 10,000 Shares

Director of Old National Bancorp (ONB) Alan W Braun bought 10,000 shares on 09/23/2009 at an average price of $10.55.

Old National Bancorp is a bank holding company that operates banking offices and ATMs throughout Indiana Illinois Ohio Kentucky and Tennessee. Through various subsidiaries Old National provides a broad range of banking services as well as trust and investment management services insurance brokerage services for both individuals and companies and investment products. (Company Press Release) Old National Bancorp has a market cap of $707.27 million; its shares were traded at around $10.55 with a P/E ratio of 18.03 and P/S ratio of 1.26. The dividend yield of Old National Bancorp stocks is 2.63%. Old National Bancorp had an annual average earning growth of 5.7% over the past 5 years.

Recently, President and CEO Robert G Jones bought 235 shares of ONB stock on 09/15/2009 at the average price of $10.25; the price of the stock has increased by 2.93% since. And on September 23, 2009, Director Kelly N Stanley bought 2,500 shares and Director Alan W Braun bought 10,000 shares.

For the complete list of stocks that bought by their company executives, go to: Insider Buys.