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Michael Michaud is the founder of Invest2Success.com (http://www.invest2success.com/) and the Invest2Success Blog (http://invest2success.blogspot.com/). He has been investing and trading in the financial markets since 1989. He founded Invest2Success.com to empower individual institutional... More
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  • Weekly Stock Insider Buys And Sells 0 comments
    Nov 5, 2012 7:19 PM

    Air Products and Chemicals Inc. (NYSE:APD): Chairman, President and CEO John E. Mcglade Bought 6,000 Shares

    Chairman, president and CEO of Air Products and Chemicals Inc. (APD) John E. Mcglade bought 6,000 shares on 10/31/2012 at an average price of $0.11. Air Products and Chemicals has established an internationally recognized industrial gas and related industrial process equipment business, and developed strong positions as a producer of certain chemicals.

    Air Products and Chemicals has a market cap of $16.5 billion; its shares were traded at $78.15 with a P/E ratio of 14.2 and a P/S ratio of 1.7. The dividend yield of Air Products and Chemicals stocks is 3.3%. Air Products and Chemicals had an annual average earnings growth of 7.1% over the past 10 years.

    APD recently reported a net income of $305 million and diluted earnings per share (NYSEARCA:EPS) of $1.42 on a non-GAAP, continuing operations basis, for its fiscal fourth quarter ended 9/30/2012.

    Chris Davis owns 7,485,887 shares as of 6/30/2012, an increase of 104.85% from the previous quarter. This position accounts for 1.4% of the $43.07 billion portfolio of Davis Selected Advisers. Mario Gabelli owns 33,879 shares as of 6/30/2012, which accounts for 0.021% of the $13.31 billion portfolio of GAMCO Investors. Dodge & Cox owns 12,100 shares as of 6/30/2012, which accounts for 0.0013% of the $73.36 billion portfolio of Dodge & Cox.

    Director Lawrence S. Smith bought 5,000 shares of APD stock on 10/23/2012 at the average price of $77.36. Smith owns at least 9,850 shares after this. The price of the stock has increased by 1.02% since.

    Procter & Gamble Co. (NYSE:PG): Chairman of the Board, President and CEO Robert A. McDonald Bought 5,564 Shares

    Chairman of the board, president and CEO of Procter & Gamble Co. (PG) Robert A. McDonald bought 5,564 shares on 10/26/2012 at an average price of $5.15. Procter & Gamble is engaged in the manufacture and sale of a range of branded consumer packaged goods. Procter & Gamble has a market cap of $191.49 billion; its shares were traded at around $69.19 with a P/E ratio of 17.7 and a P/S ratio of 2.3. The dividend yield of Procter & Gamble stocks is 3.2%. Procter & Gamble had an annual average earnings growth of 6.5% over the past 10 years.

    Bill Ackman bought 21,916,208 shares in the quarter that ended on 6/30/2012, which is 17.7% of the $7.59 billion portfolio of Pershing Square Capital Management, L.P. PRIMECAP Management owns 2,824,400 shares as of 6/30/2012, an increase of 46.73% from the previous quarter. This position accounts for 0.29% of the $59.94 billion portfolio of PRIMECAP Management. John Burbank sold out his holdings in the quarter that ended on 6/30/2012.

    Vice chairman of Global Business Units Evriviades D. Panayotopoulos sold 133,426 shares of PG stock on 8/31/2012 at the average price of $66.97. Evriviades D Panayotopoulos owns at least 277,157 shares after this. The price of the stock has increased by 3.31% since. Other insiders have also decreased their positions in the company.

    Twin Disc, Inc. (NASDAQ:TWIN): Chairman, CEO and 10% Owner Michael E. Batten Bought 15,000 Shares

    Chairman, CEO and 10% owner of Twin Disc, Inc. (TWIN) Michael E. Batten bought 15,000 shares on 10/26/2012 at an average price of $15.15. Twin Disc designs, manufactures and sells heavy duty off-highway power transmission equipment. Twin Disc has a market cap of $161.7 million; its shares were traded at around $15.15 with a P/E ratio of 7.7 and P/S ratio of 0.5. The dividend yield of Twin Disc stocks is 2.5%. Twin Disc had an annual average earnings growth of 16.5% over the past 10 years.

    Twin recently reported its first quarter fiscal 2013 financial results. Sales for the first three months of fiscal 2013, seasonally the weakest quarter of the fiscal year, declined to $68,793,000, from a first quarter record of $81,330,000 for the same period last year. The decrease in sales was primarily the result of lower demand from customers in the pressure pumping sector of the North American oil and gas market.

    Mario Gabelli owns 636,500 shares as of 6/30/2012, an increase of 25.32% from the previous quarter. This position accounts for 0.088% of the $13.31 billion portfolio of GAMCO Investors. John Keeley sold out his holdings in the quarter that ended on 06/30/2012.

    Director David B. Rayburn sold 726 shares of Twin stock on 8/29/2012 at the average price of $18.38. Rayburn owns at least 21,253 shares after this. The price of the stock has decreased by 17.57% since.

    CYS Investments Inc. (NYSE:CYS): President, Chief Information Officer and CEO, President Kevin E. Grant Bought 11,748 Shares

    Chairman, chief information officer and CEO of CYS Investments Inc. (CYS) Kevin E. Grant bought 11,748 shares on 10/26/2012 at an average price of $13.21. CYS Investments is a specialty finance company that invests on a leveraged basis in residential mortgage pass-through securities for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. CYS Investments has a market cap of $2.21 billion; its shares were traded at around $13.21 with a P/E ratio of 8.4 and a P/S ratio of 9.5. The dividend yield of CYS Investments stocks is 13.6%.

    CYS recently reported its third quarter 2012 financial results. GAAP net income was $241.9 million, or $1.46 per diluted share. Core earnings were $41.2 million, or $0.25 per diluted share.

    Director Jeffrey Hughes sold 82,576 shares of CYS stock on 05/24/2012 at the average price of 13.8. Hughes owns at least 37,252 shares after this. The price of the stock has decreased by 4.28% since.

    CoreLogic, Inc. (NYSE:CLGX): President and CEO Anand K. Nallathambi Bought 5,000 Shares

    President and CEO of CoreLogic, Inc. (CLGX) Anand K Nallathambi bought 5,000 shares on 10/26/2012 at an average price of $23.22. CoreLogic, Inc., formerly known as First American Corp., CoreLogic, Inc. has a market cap of $2.44 billion; its shares were traded at $23.22 with a P/E ratio of 17.3 and P/S ratio of 1.8.

    John Keeley bought 693,500 shares in the quarter that ended on 6/30/2012, which is 0.29% of the $4.44 billion portfolio of Keeley Fund Management. Joel Greenblatt bought 20,574 shares in the quarter that ended on 6/30/2012, which is 0.028% of the $1.36 billion portfolio of Gotham Capital. Ray Dalio sold out his holdings in the quarter that ended on 6/30/2012.

    CLGX recently reported its third quarter 2012 financial results. Revenues increased $61.3 million or 17.6% to $409.8 million for the quarter ended 9/30/2012. The company repurchased 8.3 million common shares during the quarter, and 10 million shares were repurchased year-to-date.

    Chief financial officer Frank Martell bought 5,000 shares of CLGX stock on 10/26/2012 at the average price of $23.11. Frank Martell owns at least 142,632 shares after this. The price of the stock has increased by 0.48% since. There are mixed trades from other insiders.

    Comcast Corp. (NASDAQ:CMCSA): Vice Chairman and CFO Michael J. Angelakis Sold 134,170 Shares

    Vice chairman and CFO Michael J. Angelakis sold 134,170 shares of CMCSA stock on 11/01/2012 at the average price of $37.74. Angelakis owns at least 276,695 shares after this. The price of the stock has decreased by 0.34% since.

    Comcast Corp., among the world's largest communication companies, provides basic cable, digital cable and high speed internet services that connect people to what's important in their lives. Comcast has a market cap of $100.52 billion; its shares were traded at $37.61 with a P/E ratio of 20 and a P/S ratio of 1.8. The dividend yield of Comcast stocks is 1.7%. Comcast had an annual average earnings growth of 17.1% over the past 10 years. GuruFocus rated Comcast the business predictability rank of 4 stars.

    Comcast recently released its third quarter 2012 results. For this quarter ended 9/30/2012, Comcast saw year-over-year revenue increase of 15.4% to $16.5 billion. EPS for the quarter was $0.78, a 136.4% increase over prior year quarter, and free cash flow increased 8.8% to $1.5 billion. Also during this quarter, Comcast repurchased 74.6 million shares of its common stock for $2.25 billion.

    Director Sheldon M. Bonovitz sold 20,884 shares of CMCSA stock on 11/01/2012 at the average price of 36.85. Founder and chairman emeritus Ralph J. Roberts sold 85,479 shares of CMCSA stock on 10/31/2012 at the average price of 37.19.

    Millennial Media Inc. (NYSE:MM): Executive Vice President and CFO Michael B. Avon Sold 118,349 Shares

    Executive vice president and CFO Michael B. Avon sold 118,349 shares of MM stock on 10/29/2012 at the average price of $13.44. Avon owns at least 57,307 shares after this. The price of the stock has increased by 13.69% since.

    Millenial Media Inc. is an independent mobile advertising platform company, aiding app developers and mobile website publishers to maximize their advertising revenue, acquire users for their apps and gain insight about their users. Millennial Media has a market cap of $1.25 billion; its shares were traded at around $15.28 with a P/S ratio of 12.1.

    Millennial Media has reported its preliminary third quarter 2012 results. For this quarter ended 9/30/2012, Millennial expects revenue in the range of $46.5 million to $47 million. Net loss is expected to be in the range of $1.9 million to $2.4 million.

    President and CEO, 10% Owner Paul J. Palmieri sold 1,100,862 shares of MM stock on 10/29/2012 at the average price of 13.44. Multiple other insiders also sold shares of MM stock over the past week.

    Pier 1 Imports Inc. (NYSE:PIR): Senior Executive Vice President and CFO Charles H. Turner Sold 72,000 Shares

    Senior Executive Vice President and CFO Charles H. Turner sold 72,000 shares of PIR stock on 11/01/2012 at the average price of $20.82. Turner owns at least 259,944 shares after this. The price of the stock has decreased by 0.77% since.

    Pier 1 Imports consists of a chain of retail stores operating under the names "Pier 1 Imports" and "The Pier," selling a wide variety of furniture, decorative home furnishings, dining and kitchen goods, accessories and other specialty items for the home. Pier 1 Imports has a market cap of $2.18 billion; its shares were traded at $20.66 with a P/E ratio of 19.6 and a P/S ratio of 1.4. The dividend yield of Pier 1 Imports stocks is 0.8%.

    Pier 1 Imports Inc. has released its second quarter 2012 results ended 8/25/2012. Comparable store sales grew 6.7% over prior year quarter, with total sales increasing 8.3% to $368 million. GAAP EPS was $0.24, versus $0.14 in the same quarter of 2011.

    Executive Vice President - Stores Sharon M. Leite sold 75,000 shares of PIR stock on 10/22/2012 at the average price of 20.19.

    Varian Medical Systems, Inc. (NYSE:VAR): Executive Vice President and CFO Elisha W. Finney Sold 41,360 Shares

    Executive Vice President and CFO Elisha W. Finney sold 41,360 shares of VAR stock on 11/01/2012 at the average price of $7.06. Finney owns at least 44,561 shares after this. The price of the stock has increased by 4.61% since.

    Varian Medical Systems, Inc., of Palo Alto, California is the world's supplier of equipment and software for treating cancer. Varian Medical Systems, Inc. has a market cap of $7.41 billion; its shares were traded at around $70.15 with a P/E ratio of 17.7 and a P/S ratio of 2.6. Varian Medical Systems, Inc. had an annual average earnings growth of 17.9% over the past 10 years. GuruFocus rated Varian Medical Systems, Inc. the business predictability rank of 4.5 stars.

    Varian Medical Systems recently released its fourth quarter 2012 results ended 10/25/2012. Net earnings from continuing operations were $1.08 per diluted share in the quarter, compared to $0.95 prior year quarter. Revenues for this quarter were $756 million, up 5% from last year.

    President and CEO Dow R. Wilson sold 10,000 shares of VAR stock on 11/01/2012 at the average price of $67.02. Senior vice president and president of oncology systems Kolleen T. Kennedy and multiple other Insiders also sold shares of VAR stock.

    Support.com, Inc. (NASDAQ:SPRT): Executive Vice President and CFO Shelly B. Schaffer Sold 70,000 Shares

    Executive Vice President and CFO of Support.com, Inc. (SPRT) Shelly B. Schaffer sold 70,000 shares during the past week at an average price of $4.58.

    Support.com, formerly SupportSoft Inc., provides instant technology relief to consumers and small businesses directly via channel partners. Support.com has a market cap of $231.1 million; its shares were traded at around $4.61 with and a P/S ratio of 4.3. Support.com had an annual average earnings growth of 1.1% over the past five years.

    Support.com reported third quarter 2013 revenues of $18.2 million and GAAP income from continuing operations of $298,000 ($0.01 per share). Non-GAAP income was $1.8 million ($0.04 per share).

    Insider Cow

    Profit From Insider Trading
    Insider behavior matters because research based on real-time signals has shown that a properly modeled picture of insider actions can provide the most accurate reflection of the prospects for the company, industry, economic sector, or even the stock market in general, going forward. This makes perfect sense from an intuitive perspective. Corporate insiders possess all the necessary skills and characteristics that one could use to describe the "successful" investor. These include: A deep knowledge and understanding of the company and/or industry; A demonstrated ability to produce success; The training necessary to understand risk and to control it; The wherewithal (capital) to take advantage of opportunity when it presents itself and finally; A tendency to go against the crowd. In general, insider buys are more useful. Since insiders have exclusive information on the company performance, if they are risking their own money on the stock, usually they should have good reasons, especially when several insiders buy the stock at the same time.

    November 06, 2012 - Weekly Stock Insider Buys and Sells - Review Entire Article Below

    What Is Legal and Illegal Insider Trading?

    Insider trading can commonly mean two things. Illegal and legal insider trading. In the simplest terms its the buying or selling of a security by someone who has access to material nonpublic information about the security.

    Insider trading can either be legal or illegal. Its illegal when information about a company is not public and any trading done with its stock is unfair to other investors and traders who don't know or have access to the information. So illegal insider trading normally happens when others are informed of such non-public information. Company directors and board members as well as brokers and close relatives can be found guilty of insider trading.

    Legal insider trading is when company information has been made public, then the company insider does not have an advantage over other investors and traders. Part of legal insider trading practices is the filing of all insider transactions with the Federal Securities Exchange Commission. The potential exists for non-insiders to profit from insider buying and selling is to analyze company insiders buy sell transaction reports. If an insider is buying or selling especially in large amounts it could be an indication the companies earnings performance and subsequent stock price could be affected providing reqular investors and traders to profit from.

    Guru Focus

    Stock Picks of Guru Investors
    GuruFocus is dedicated to value investing. As employed by Warren Buffett, the greatest investor of all time, value investing is the only winning strategy for the long term. GuruFocus hosts numerous value screeners and research tools, and regularly publishes articles about value investing strategies and ideas. GuruFocus also publishes three newsletters: Monthly Ben Graham Net-Net, Buffett-Munger Best Bargains and Microcap Magic Formula Stocks.

    Why Track Insiders Buying and Selling Their Own Stock?

    Insider behavior matters because research based on real-time signals has shown that a properly modeled picture of insider actions can provide the most accurate reflection of the prospects for the company, industry, economic sector, or even the stock market in general, going forward.

    This makes perfect sense from an intuitive perspective. Corporate insiders possess all the necessary skills and characteristics that one could use to describe the "successful" investor. These include: A deep knowledge and understanding of the company and/or industry; A demonstrated ability to produce success; The training necessary to understand risk and to control it; The wherewithal (capital) to take advantage of opportunity when it presents itself and finally; A tendency to go against the crowd.

    Further, insider buys are especially useful. Since insiders have exclusive information on the company performance, if they are risking their own money on the stock, usually they should have good reasons, especially when several insiders buy the stock at the same time.

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