Weekly Top Insider Buys: Philip Morris International Inc., Verizon Communications Inc., Freeport-McMoRan Copper & Gold Inc., Kimberly-Clark Corp., and Starbucks Corp.

Weekly Top Insider Buys: PM, VZ, FCX, KMB, SBUX

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May 01, 2010
Weekly highlight of top insider buys: Philip Morris International Inc. (PM, Financial), Verizon Communications Inc. (VZ, Financial), Freeport-McMoRan Copper & Gold Inc. (FCX, Financial), Kimberly-Clark Corp. (KMB, Financial), and Starbucks Corp. (SBUX, Financial).

Philip Morris International Inc. (PM): Director Sergio Marchionne Bought 1,500 Shares

Director of Philip Morris International Inc., Sergio Marchionne, bought 1,500 shares on 4/23/10 at an average price of $49.08.

Philip Morris International is the international tobacco company, with products sold in over 160 countries. Philip Morris International Inc has a market cap of $92.32 billion; its shares were traded at around $49.08 with a P/E ratio of 14.1 and P/S ratio of 1.4. The dividend yield of Philip Morris International Inc stocks is 4.7%.

On April 22, Philip Morris International Inc. announced both reported and adjusted diluted earnings per share of $0.90 in the first quarter of 2010, up by 21.6% from $0.74 in the first quarter of 2009. Excluding currency, both reported and adjusted diluted earnings per share were up by 13.5%. Free cash flow, defined as net cash provided by operating activities less capital expenditures, increased by 42.3% to $1.8 billion.

Philip Morris International Inc. is in the portfolio of sixteen Gurus: David Winters, Tweedy Browne, Hotchkis & Wiley, John Paulson, Tom Gayner, Dodge & Cox, Chris Davis, Ruane Cunniff, Ronald Muhlenkamp, Donald Yacktman, NWQ Managers, David Dreman, Ken Heebner, Jean-Marie Eveillard, Kenneth Fisher, and George Soros.

Last week, Buy:: Director Sergio Marchionne bought 1,500 shares of PM stock. Sell:: VP & Controller Joachim Psotta and Sell:: Director Harold Brown sold shares in March; Sell:: President European Union Jacek Olczak and

Sell:: Deputy General Counsel Mark Friedman sold shares in December.

Verizon Communications Inc. (VZ): EVP & Chief Technology Officer Richard J. Lynch Bought 3,500 Shares

EVP & Chief Technology Officer of Verizon Communications Inc., Richard J. Lynch, bought 3,500 shares on 4/28/10 at an average price of $28.9.

Verizon Communications, formed by the merger of Bell Atlantic and GTE, is a provider of high-growth communications services. Verizon Communications Inc. has a market cap of $82.08 billion; its shares were traded at around $28.9 with a P/E ratio of 12.4 and P/S ratio of 0.8. The dividend yield of Verizon Communications Inc. stocks is 6.6%. Verizon Communications Inc. had an annual average earning growth of 2.3% over the past 10 years.

On April 22, Verizon Communications Inc. strong cash flow growth in the first quarter of 2010, with steady customer and revenue gains for FiOS and Verizon Wireless services, and growth in sales of strategic services and equipment in business markets. First-quarter 2010 earnings were 14 cents in diluted earnings per share (EPS), compared with EPS of 58 cents in first-quarter 2009. First-quarter 2010 results include 42 cents per share in non-operational charges, the largest of which is a previously announced reduction in tax benefits related to retiree health care.

Verizon Communications Inc. is in the portfolios of ten Gurus: Ruane Cunniff, Richard Snow, Mark Hillman, George Soros, Charles Brandes, Brian Rogers, NWQ Managers, David Dreman, Dodge & Cox, and Kenneth Fisher.

Last week, Buy:: EVP & Chief Technology Officer Richard J. Lynch bought 3,500 shares of VZ stock. Buy:: EVP and Pres. & CEO - VZW JV Lowell C Mcadam bought 15,000 shares of VZ stock in January. Buy:: EVP and CFO John F Killian bought 7,500 shares in February.

Freeport-McMoRan Copper & Gold Inc. (FCX): Director J Bennett Johnston Bought 12,000 Shares

Director of Freeport-McMoRan Copper & Gold Inc., J Bennett Johnston, bought 12,000 shares on 4/26/10 at an average price of $75.53.

Freeport-McMoRan is engaged in mineral exploration and development, mining and milling of copper, gold, and silver in Indonesia, and the smelting and refining of copper concentrates in Spain and Indonesia. Freeport-McMoRan Copper & Gold Inc. has a market cap of $32.52 billion; its shares were traded at around $75.53 with a P/E ratio of 9.8 and P/S ratio of 2.1. The dividend yield of Freeportmcmoran Copper & Gold Inc. stocks is 0.7%.

On April 21, Freeport-McMoRan Copper & Gold Inc. reported results for the first quarter of 20q0. Net income attributable to common stock for first-quarter 2010 was $897 million, $2.00 per share, compared with net income of $43 million, $0.11 per share, for first-quarter 2009. Consolidated sales from mines for first-quarter 2010 totaled 960 million pounds of copper, 478 thousand ounces of gold and 17 million pounds of molybdenum, compared with 1.0 billion pounds of copper, 545 thousand ounces of gold and 10 million pounds of molybdenum for first-quarter 2009.

Freeport-McMoRan Copper & Gold Inc. is owned by six Gurus: George Soros, David Williams, PRIMECAP Mnagement, Ken Heebner, Kenneth Fisher, and Jean-Marie Eveillard.

Last week, Buy:: Director J Bennett Johnston bought 12,000 shares of FCX stock. Sell:: VP & Controller Financial Rptg C Donald Jr Whitmire and Sell:: Director B M Jr Rankin sold shares in November.

Kimberly-Clark Corp. (KMB): SVP & Chief Strategy Officer Christian A. Brickman Bought 9,000 Shares

SVP & Chief Strategy Officer of Kimberly-Clark Corp., Christian A. Brickman, bought 9,000 shares on 4/23/10 at an average price of $61.26.

Kimberly-Clark Corporation is one of the consumer products companies. Kimberly-Clark Corp. has a market cap of $25.49 billion; its shares were traded at around $61.26 with a P/E ratio of 12.7 and P/S ratio of 1.3. The dividend yield of Kimberly-Clark Corp. stocks is 4.3%. Kimberly-Clark Corp. had an annual average earning growth of 3.4% over the past 10 years. GuruFocus rated Kimberly-Clark Corp. the business predictability rank of 3.5-star.

On April 22, Kimberly-Clark Corporation reported that net sales in the first quarter of 2010 increased 7.6 percent to $4.8 billion, including an approximate 5 percent benefit from stronger foreign currency exchange rates. Organic sales rose 2 percent, with sales volumes and net selling prices each up 1 percent. The combined impact of the I-Flow Corporation and Jackson Safety acquisitions completed in 2009 added an additional point of sales growth in the quarter.

Kimberly-Clark Corp. is in the portfolios of six Gurus: Richard Aster Jr, Brian Rogers, Dodge & Cox, NWQ Managers, Robert Olstein, and Kenneth Fisher.

Last month, Buy:: SVP & Chief Strategy Officer Christian A. Brickman bought 9,000 shares of KMB stock. Buy:: Director Robert W Decherd bought 5,000 shares in February. In November, Sell:: Director John F Bergstrom, Sell:: Vice President and Controller Michael T. Azbell, Sell:: Group President Robert E Abernathy, Sell:: Chairman of the Board and CEO Thomas J Falk and Sell:: Senior VP & CFO Mark A Buthman sold shares.

Starbucks Corp. (SBUX): Director Sheryl Sandberg Bought 4,600 Shares

Director of Starbucks Corp., Sheryl Sandberg, bought 4,600 shares on 4/26/10 at an average price of $25.98.

Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related equipments primarily through its company-operated retail stores. Starbucks Corp. has a market cap of $19.31 billion; its shares were traded at around $25.98 with a P/E ratio of 23.5 and P/S ratio of 2. The dividend yield of Starbucks Corp. stocks is 1.5%. Starbucks Corp. had an annual average earning growth of 18.4% over the past 10 years. GuruFocus rated Starbucks Corp. the business predictability rank of 3.5-star.

On April 21, Starbucks Corporation reported financial results for its fiscal second quarter ended March 28, 2010. Consolidated net revenues increased 9% to $2.5 billion. Comparable store sales increased 7%, driven by a 3% increase in traffic and a 4% increase in average ticket. U.S. comparable store sales increased 7%, driven by a 3% increase in traffic and a 5% increase in average ticket

Starbucks Corp. is owned by five Gurus: George Soros, John Hussman, Mark Hillman, Richard Snow, and Kenneth Fisher.

Last week, Buy:: Director Sheryl Sandberg bought 4,600 shares of SBUX stock. Buy:: Director William W Bradley and Buy:: Director Kevin R Johnson bought shares in November. Sell:: pres., Starbucks Coffee U.S. Clifford Burrows sold shares this month and Sell:: president, Global Development Arthur Rubinfeld sold shares in December.

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