Weekly highlight of top insider buys: The Procter & Gamble Company (PG, Financial), Chevron Corp. (CVX, Financial), MetLife Inc. (MET, Financial), Starbucks Corp. (SBUX, Financial), and Archer Daniels Midland Company (ADM, Financial).
Director of The Procter & Gamble Company, Patricia A Woertz, bought 1,660 shares on 5/07/10 at an average price of $62.54.
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. The Procter & Gamble Company has a market cap of $181.65 billion; its shares were traded at around $62.54 with a P/E ratio of 16.6 and P/S ratio of 2.3. The dividend yield of The Procter & Gamble Company stocks is 3.1%. The Procter & Gamble Company had an annual average earning growth of 12.9% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 5-star.
On April 29,the Procter & Gamble Company announced diluted net earnings per share from continuing operations of $0.83, up six percent on a seven percent increase in net sales. Core EPS was $0.89, up 10 percent and $0.07 above the high end of the Company's guidance range. Volume grew seven percent, the fastest rate of organic volume growth in 18 quarters. A strong innovation program supported by higher media weights drove volume growth across all regions and five of six business segments.
The Procter & Gamble Company is owned by fifteen Gurus: Jean-Marie Eveillard, Tom Gayner, George Soros, Donald Yacktman, PRIMECAP Management, Chris Davis, Wallace Weitz, David Dreman, Ruane Cunniff, Dodge & Cox, Arnold Van Den Berg, Kenneth Fisher, Warren Buffett, Robert Olstein, and Richard Snow.
Last week, Buy:: Director Patricia A Woertz bought 1,660 shares of PG stock. Sell:: Global Cust. Bus. Dev. Officer Robert L. Jr. Fregolle sold 17,500 shares the same week. In February, Sell:: Chief Technology Officer Bruce Brown, Sell:: Global Cust. Bus. Dev. Officer Robert L. Jr. Fregolle and Sell:: Comptroller Valarie L Sheppard sold shares.
Chevron Corp. (CVX): Executive Vice President Michael K Wirth Bought 11,400 Shares
Executive Vice President of Chevron Corp., Michael K Wirth, bought 11,400 shares on 5/06/10 at an average price of $77.83.
Chevron is the fifth-largest integrated energy company in the world. Chevron Corp. has a market cap of $156.31 billion; its shares were traded at around $77.83 with a P/E ratio of 12 and P/S ratio of 0.9. The dividend yield of Chevron Corp. stocks is 3.4%. Chevron Corp. had an annual average earning growth of 11.5% over the past 10 years. GuruFocus rated Chevron Corp. the business predictability rank of 3-star.
On April 30, Chevron Corporation reported earnings of $4.55 billion ($2.27 per share - diluted) for the first quarter 2010, compared with $1.84 billion ($0.92 per share – diluted) in the 2009 first quarter. Foreign-currency effects reduced earnings in the 2010 quarter by $198 million, compared with a reduction of $54 million a year earlier. Earnings in the first quarter 2010 include charges of $175 million ($0.09 per share) associated with employee reductions in the downstream businesses and corporate staffs.
Chevron Corp. is in the portfolios of twelve Gurus: John Hussman, NWQ Managers, Charles Brandes, George Soros, Ruane Cunniff, Kenneth Fisher, Richard Aster Jr, Brian Rogers, Irving Kahn, Dodge & Cox, David Dreman, and Richard Snow.
Last week, Buy:: Executive Vice President Michael K Wirth bought 11,400 shares of CVX stock. Sell:: Director Carl Ware sold 9,762 shares the same week. In November, Sell:: Executive Vice President Michael K Wirth and Sell:: Director Robert J Eaton sold shares.
MetLife Inc. (MET): Director Wright Eduardo Castro Bought 4,890 Shares
Director of MetLife Inc., Wright Eduardo Castro, bought 4,890 shares on 5/07/10 at an average price of $41.32.
Metlife Inc. is a provider of insurance and financial services to a broad spectrum of individual and institutional customers. Metlife Inc. has a market cap of $33.98 billion; its shares were traded at around $41.32 with a P/E ratio of 11.2 and P/S ratio of 0.9. The dividend yield of Metlife Inc. stocks is 1.8%.
On April 29, MetLife, Inc. reported first quarter 2010 net income of $805 million, or $0.97 per share, which reflects net investment gains and losses. Operating earnings2 for the first quarter of 2010 were $834 million, or $1.01 per share.
MetLife Inc. is in the portfolio of eight Gurus: Andreas Halvorsen, NWQ Managers, Richard Pzena, Hotchkis & Wiley, David Williams, John Keeley, David Dreman, and Richard Snow.
Last week, Buy:: Director Wright Eduardo Castro bought 4,890 shares of MET stock. Sell:: President, U.S. Business William J Mullaney sold 425 shares this month. Sell:: President, U.S. Business William J Mullaney and Sell:: President, U.S. Business William J Mullaney sold shares in April. Sell:: President, U.S. Business William J Mullaney sold 1,700 shares in March.
Starbucks Corp. (SBUX): Director Kevin R Johnson Bought 6,000 Shares
Director of Starbucks Corp., Kevin R Johnson, bought 6,000 shares on 5/06/10 at an average price of $26.51.
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 $19.71 billion; its shares were traded at around $26.51 with a P/E ratio of 24.1 and P/S ratio of 2.1. The dividend yield of Starbucks Corp. stocks is 1.4%. 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 January 20, Starbucks corporation reported results for the first quarter of 2010. Consolidated net revenues increased 4% to $2.7 billion. Comparable store sales increased 4% driven by 1% increase in traffic and a 4% increase in average ticket. Consolidated operating margin improved 850 basis points to 13.0%; Non-GAAP operating margin expanded 620 basis points to 13.6%. U.S. operating margin significantly improved to 17.3% from 5.8% in Q1 FY09; U.S. Non-GAAP operating margin increased to 17.7% from 8.6% in the prior-year period. International operating margin expanded to 7.4% from 2.6% in Q1 FY09; International Non-GAAP operating margin increased to 9.1% from 3.0% in the prior-year period
Starbucks Corp. is owned by four Gurus: George Soros, John Hussman, Mark Hillman, and Kenneth Fisher.
This month, Sell:: evp, cfo and cao Troy Alstead sold 182,624 shares of SBUX stock.
Archer Daniels Midland Company (ADM): Director Pierre Dufour Bought 3,700 Shares
Director of Archer Daniels Midland Company, Pierre Dufour, bought 3,700 shares on 5/10/10 at an average price of $26.77.
Archer Daniels Midland Company is a world leader in agricultural processing and fermentation technology. Archer Daniels Midland Company has a market cap of $17.2 billion; its shares were traded at around $26.77 with a P/E ratio of 11 and P/S ratio of 0.2. The dividend yield of Archer Daniels Midland Company stocks is 2.3%. Archer Daniels Midland Company had an annual average earning growth of 21.2% over the past 10 years. GuruFocus rated Archer Daniels Midland Company the business predictability rank of 4-star.
On May 4, Archer Daniels Midland Company reported results for the third quarter of 2010. ADM earned $ 0.65 diluted EPS for the third quarter, versus last year’s breakeven third quarter. Profit in ADM’s Oilseeds Processing segment improved $ 181 million due to both higher margins and increased volumes. Corn Processing profit increased $ 55 million on stronger bioproducts results. In the Agricultural Services segment, profit increased $ 44 million as ADM saw a good global supply of grains and oilseeds and modestly improving demand. Other business units’ operating profit increased $ 162 million on improved results from flour milling operations and the absence of last year’s currency-derivative losses of equity investee, Gruma S.A.B. de C.V.
Archer Daniels Midland Company is in the portfolios of George Soros and Jean-Marie Eveillard.
Last week, Buy:: Director Pierre Dufour bought 3,700 shares of ADM stock. Sell:: Executive Vice President John D Rice sold 9,687 shares in April. In March, Sell:: Senior Vice President Edward A Harjehausen, Sell:: Vice President Mark J Cheviron and Sell:: Vice President Michael Lusk sold shares.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
Director of The Procter & Gamble Company, Patricia A Woertz, bought 1,660 shares on 5/07/10 at an average price of $62.54.
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. The Procter & Gamble Company has a market cap of $181.65 billion; its shares were traded at around $62.54 with a P/E ratio of 16.6 and P/S ratio of 2.3. The dividend yield of The Procter & Gamble Company stocks is 3.1%. The Procter & Gamble Company had an annual average earning growth of 12.9% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 5-star.
On April 29,the Procter & Gamble Company announced diluted net earnings per share from continuing operations of $0.83, up six percent on a seven percent increase in net sales. Core EPS was $0.89, up 10 percent and $0.07 above the high end of the Company's guidance range. Volume grew seven percent, the fastest rate of organic volume growth in 18 quarters. A strong innovation program supported by higher media weights drove volume growth across all regions and five of six business segments.
The Procter & Gamble Company is owned by fifteen Gurus: Jean-Marie Eveillard, Tom Gayner, George Soros, Donald Yacktman, PRIMECAP Management, Chris Davis, Wallace Weitz, David Dreman, Ruane Cunniff, Dodge & Cox, Arnold Van Den Berg, Kenneth Fisher, Warren Buffett, Robert Olstein, and Richard Snow.
Last week, Buy:: Director Patricia A Woertz bought 1,660 shares of PG stock. Sell:: Global Cust. Bus. Dev. Officer Robert L. Jr. Fregolle sold 17,500 shares the same week. In February, Sell:: Chief Technology Officer Bruce Brown, Sell:: Global Cust. Bus. Dev. Officer Robert L. Jr. Fregolle and Sell:: Comptroller Valarie L Sheppard sold shares.
Chevron Corp. (CVX): Executive Vice President Michael K Wirth Bought 11,400 Shares
Executive Vice President of Chevron Corp., Michael K Wirth, bought 11,400 shares on 5/06/10 at an average price of $77.83.
Chevron is the fifth-largest integrated energy company in the world. Chevron Corp. has a market cap of $156.31 billion; its shares were traded at around $77.83 with a P/E ratio of 12 and P/S ratio of 0.9. The dividend yield of Chevron Corp. stocks is 3.4%. Chevron Corp. had an annual average earning growth of 11.5% over the past 10 years. GuruFocus rated Chevron Corp. the business predictability rank of 3-star.
On April 30, Chevron Corporation reported earnings of $4.55 billion ($2.27 per share - diluted) for the first quarter 2010, compared with $1.84 billion ($0.92 per share – diluted) in the 2009 first quarter. Foreign-currency effects reduced earnings in the 2010 quarter by $198 million, compared with a reduction of $54 million a year earlier. Earnings in the first quarter 2010 include charges of $175 million ($0.09 per share) associated with employee reductions in the downstream businesses and corporate staffs.
Chevron Corp. is in the portfolios of twelve Gurus: John Hussman, NWQ Managers, Charles Brandes, George Soros, Ruane Cunniff, Kenneth Fisher, Richard Aster Jr, Brian Rogers, Irving Kahn, Dodge & Cox, David Dreman, and Richard Snow.
Last week, Buy:: Executive Vice President Michael K Wirth bought 11,400 shares of CVX stock. Sell:: Director Carl Ware sold 9,762 shares the same week. In November, Sell:: Executive Vice President Michael K Wirth and Sell:: Director Robert J Eaton sold shares.
MetLife Inc. (MET): Director Wright Eduardo Castro Bought 4,890 Shares
Director of MetLife Inc., Wright Eduardo Castro, bought 4,890 shares on 5/07/10 at an average price of $41.32.
Metlife Inc. is a provider of insurance and financial services to a broad spectrum of individual and institutional customers. Metlife Inc. has a market cap of $33.98 billion; its shares were traded at around $41.32 with a P/E ratio of 11.2 and P/S ratio of 0.9. The dividend yield of Metlife Inc. stocks is 1.8%.
On April 29, MetLife, Inc. reported first quarter 2010 net income of $805 million, or $0.97 per share, which reflects net investment gains and losses. Operating earnings2 for the first quarter of 2010 were $834 million, or $1.01 per share.
MetLife Inc. is in the portfolio of eight Gurus: Andreas Halvorsen, NWQ Managers, Richard Pzena, Hotchkis & Wiley, David Williams, John Keeley, David Dreman, and Richard Snow.
Last week, Buy:: Director Wright Eduardo Castro bought 4,890 shares of MET stock. Sell:: President, U.S. Business William J Mullaney sold 425 shares this month. Sell:: President, U.S. Business William J Mullaney and Sell:: President, U.S. Business William J Mullaney sold shares in April. Sell:: President, U.S. Business William J Mullaney sold 1,700 shares in March.
Starbucks Corp. (SBUX): Director Kevin R Johnson Bought 6,000 Shares
Director of Starbucks Corp., Kevin R Johnson, bought 6,000 shares on 5/06/10 at an average price of $26.51.
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 $19.71 billion; its shares were traded at around $26.51 with a P/E ratio of 24.1 and P/S ratio of 2.1. The dividend yield of Starbucks Corp. stocks is 1.4%. 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 January 20, Starbucks corporation reported results for the first quarter of 2010. Consolidated net revenues increased 4% to $2.7 billion. Comparable store sales increased 4% driven by 1% increase in traffic and a 4% increase in average ticket. Consolidated operating margin improved 850 basis points to 13.0%; Non-GAAP operating margin expanded 620 basis points to 13.6%. U.S. operating margin significantly improved to 17.3% from 5.8% in Q1 FY09; U.S. Non-GAAP operating margin increased to 17.7% from 8.6% in the prior-year period. International operating margin expanded to 7.4% from 2.6% in Q1 FY09; International Non-GAAP operating margin increased to 9.1% from 3.0% in the prior-year period
Starbucks Corp. is owned by four Gurus: George Soros, John Hussman, Mark Hillman, and Kenneth Fisher.
This month, Sell:: evp, cfo and cao Troy Alstead sold 182,624 shares of SBUX stock.
Archer Daniels Midland Company (ADM): Director Pierre Dufour Bought 3,700 Shares
Director of Archer Daniels Midland Company, Pierre Dufour, bought 3,700 shares on 5/10/10 at an average price of $26.77.
Archer Daniels Midland Company is a world leader in agricultural processing and fermentation technology. Archer Daniels Midland Company has a market cap of $17.2 billion; its shares were traded at around $26.77 with a P/E ratio of 11 and P/S ratio of 0.2. The dividend yield of Archer Daniels Midland Company stocks is 2.3%. Archer Daniels Midland Company had an annual average earning growth of 21.2% over the past 10 years. GuruFocus rated Archer Daniels Midland Company the business predictability rank of 4-star.
On May 4, Archer Daniels Midland Company reported results for the third quarter of 2010. ADM earned $ 0.65 diluted EPS for the third quarter, versus last year’s breakeven third quarter. Profit in ADM’s Oilseeds Processing segment improved $ 181 million due to both higher margins and increased volumes. Corn Processing profit increased $ 55 million on stronger bioproducts results. In the Agricultural Services segment, profit increased $ 44 million as ADM saw a good global supply of grains and oilseeds and modestly improving demand. Other business units’ operating profit increased $ 162 million on improved results from flour milling operations and the absence of last year’s currency-derivative losses of equity investee, Gruma S.A.B. de C.V.
Archer Daniels Midland Company is in the portfolios of George Soros and Jean-Marie Eveillard.
Last week, Buy:: Director Pierre Dufour bought 3,700 shares of ADM stock. Sell:: Executive Vice President John D Rice sold 9,687 shares in April. In March, Sell:: Senior Vice President Edward A Harjehausen, Sell:: Vice President Mark J Cheviron and Sell:: Vice President Michael Lusk sold shares.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
