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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
    Dec 11, 2012 5:59 PM | about stocks: OXY, SAN, HPQ, TYC, CBK, DG, VRSK, ACGL, GOOG

    Weekly Stock Insider Buys and Sells by GuruFocus

    Occidental Petroleum Corporation (NYSE:OXY): Director Avedick Baruyr Poladian Bought 5,000 Shares

    Director of Occidental Petroleum Corporation (OXY) Avedick Baruyr Poladian bought 5,000 shares on 12/04/2012 at an average price of $75.37. Occidental Petroleum Corporation is a Delaware corporation. Occidental Petroleum Corporation has a market cap of $60.92 billion; its shares were traded around $75.37 with a P/E ratio of 10.33 and P/S ratio of 2.54. The dividend yield of Occidental Petroleum Corporation stocks is 2.87%. Occidental Petroleum Corporation had an annual average earnings growth of 13.8% over the past 10 years. GuruFocus rated Occidental Petroleum Corporation the business predictability rank of 2-star.

    On Oct. 25, Occidental Petroleum Corporation announced income from continuing operations of $1.4 billion ($1.70 per diluted share) for the third quarter of 2012, compared with the third quarter of 2011 income from continuing operations of $1.8 billion ($2.18 per diluted share). Oil and gas segment earnings were $2 billion for the third quarter of 2012, compared with $2.6 billion for the third quarter of 2011. Lower product prices and higher costs in the third quarter of 2012 were partially offset by higher oil volumes.

    Last week, Director Avedick Baruyr Poladian bought 5,000 shares of OXY stock.

    Santander UK Plc (NYSE:SAN): Director Michael N. Nordstrom Bought 4,000 Shares

    Director of Santander UK Plc, Michael N. Nordstrom, bought 4,000 shares on 12/03/2012 at an average price of $5.878. Banco Santander SA is engaged in the Retail Banking; Global Wholesale Banking; and Asset Management and Insurance business. Banco Santander SA has a market cap of $72.27 billion; its shares were traded around $7.59 with a P/E ratio of 10.94 and P/S ratio of 0.61. The dividend yield of Banco Santander SA stocks is 8.4%. Banco Santander SA had an annual average earnings growth of 11.9% over the past 10 years.

    Santander UK Plc recently report results for the third quarter of 2012. Net interest income rose 6.6% to EUR 22.994 billion. This was due to the net impact of several factors. Net fee income was virtually flat (-0.7%), with a varied performance. Operating expenses rose 4.7% year on year and 4.1% excluding the perimeter and exchange rate effects.

    Last week, Director Michael N. Nordstrom bought 4,000 shares of SAN stock.

    Hewlett-Packard Co. (NYSE:HPQ): Executive Vice President and COO William L. Veghte Bought 23,010 Shares

    Executive Vice President and COO of Hewlett-Packard Co. William L. Veghte bought 23,010 shares on 12/04/2012 at an average price of $13.94. Hewlett-Packard Co. was incorporated in 1947 under the laws of the State of California as the successor to a partnership founded in 1939. Hewlett-Packard Co. has a market cap of $25.54 billion; its shares were traded at around $13.94 with a P/E ratio of 3.2 and P/S ratio of 0.21. The dividend yield of Hewlett-Packard Co. stocks is 4.06%. Hewlett-Packard Co. had an annual average earnings growth of 12% over the past five years.

    On Nov. 20, HP announced financial results for its fourth fiscal quarter and full fiscal year ended Oct. 31, 2012. For the full year fiscal 2012, net revenue of $120.4 billion was down 5% from the prior-year period and down 4% when adjusted for the effects of currency. Full-year GAAP loss per share was $6.41, down from diluted earnings per share (NYSEARCA:EPS) of $3.32 in the prior-year period. Full-year non-GAAP diluted EPS was $4.05, down 17% from the prior-year period.

    Last week, Executive Vice President and COO William L. Veghte bought 23,010 shares of HPQ stock.

    Tyco International Ltd. (NYSE:TYC): Director Frank M. Drendel Bought 5,000 Shares

    Director of Tyco International Ltd. Frank M. Drendel bought 5,000 shares on 11/30/2012 at an average price of $28.66. Tyco International Ltd. was organized under the laws of Switzerland. Tyco International Ltd. has a market cap of $13.11 billion; its shares were traded at around $28.66 with a P/E ratio of 9.33 and P/S ratio of 1.26. The dividend yield of Tyco International Ltd. stocks is 2.11%.

    On Nov. 14, Tyco reported GAAP diluted loss per share from continuing operations for the fiscal fourth quarter of 2012 of $1.36 and diluted earnings per share (EPS) from continuing operations before special items of $0.33. Revenue in the quarter decreased 2.5% versus the prior year to $2.7 billion. This included a 3% decline due to foreign currency, a 4% decline related to the impact of the benefit of the 53rd week in 2011, and a 4% benefit from acquisitions. Organic revenue grew 1% in the quarter with 9% growth in products, 2% growth in service and a 4% decline in installation revenue.

    Last month, Director Frank M. Drendel bought 5,000 shares of TYC stock. Director Sandra S. Wijnberg sold 2,121 shares in November. Senior Vice President Human Resources Laurie Siegel, Senior Vice President and Controller Carol Anthony Davidson, President Tyco Security Solutions Naren K. Gursahaney sold shares in August.

    CB Australia Limited (NYSE:CBK): Director Anne L. Jones Bought 5,000 Shares

    Director of CB Australia Limited Anne L. Jones bought 5,000 shares on 12/05/2012 at an average price of $1.417. Christopher & Banks Corporation is a Delaware corporation incorporated in 1986 to acquire Braun's Fashions Inc. Christopher & Banks Corporation has a market cap of $169.18 million; its shares were traded at around $4.76 with and P/S ratio of 0.41.

    Last week, Director Anne L. Jones bought 5,000 shares of CBK stock. Chair, Board of Directors Paul L. Snyder and Director William F. Sharpe III bought shares in September. Senior Vice President and General Counsel Luke Komarek and Chair, Board of Directors Paul L. Snyder bought shares in August.

    Dollar General Corporation (NYSE:DG): Director Adrian M. Jones Sold 2,037,152 Shares

    Director of Dollar General Corporation (DG) Adrian M. Jones sold 2,037,152 shares on 11/30/2012 at an average price of $46.80.

    Dollar General Corporation was incorporated as a Kentucky corporation. Dollar General Corporation has a market cap of $16.41 billion; its shares were traded at around $46.8 with a P/E ratio of 18.73 and P/S ratio of 1.11. Dollar General Corporation had an annual average earnings growth of 15.9% over the past 10 years.

    Dollar General Corporation reported strong sales, operating profit and net income for its fiscal 2012 second quarter (13 weeks) ended Aug. 3, 2012. The company's net income increased by 47 percent to $214 million in the 2012 second quarter, compared to net income of $146 million in the 2011 second quarter.

    10% Owner Buck Holdings L.P. sold 9,400,529 shares of DG stock on 11/30/2012 at the average price of $50.04. Buck Holdings L.P. owns at least 54,145,011 shares after this. The price of the stock has decreased by 6.47% since.

    Verisk Analytics Inc. (NASDAQ:VRSK): Senior Vice President Insurance Services Kevin Barry Thompson Sold 458,750 Shares

    Senior Vice President Insurance Services of Verisk Analytics Inc. (VRSK) Kevin Barry Thompson sold 458,750 shares on 12/06/2012 at an average price of $49.34.

    Verisk Analytics Inc. is a provider of information about risk to professionals in insurance, healthcare, mortgage, government, supply chain and risk management. Verisk Analytics Inc. has a market cap of $8.27 billion; its shares were traded around $49.34 with a P/E ratio of 25.17 and P/S ratio of 6.21.

    On Oct. 30, 2012, Verisk Analytics Inc. announced results for the fiscal quarter ended Sept. 30, 2012. Total revenue increased 17.3% and, excluding the impact of recent acquisitions, revenue grew 8.5% for third-quarter 2012. Net income was $82.9 million for third-quarter 2012 and adjusted net income was $92.2 million, an increase of 16.8% and 20.9%, respectively, versus the comparable period in 2011.

    Director Glen A. Dell sold 48,311 shares of VRSK stock on 11/20/2012 at the average price of $47.73. Glen A. Dell owns at least 186,524 shares after this. The price of the stock has increased by 3.37% since.

    Arch Capital Group Ltd. (NASDAQ:ACGL): Vice Chairman John M. Pasquesi sold 300,000 Shares

    Vice Chairman of Arch Capital Group Ltd. (ACGL) John M. Pasquesi sold 300,000 shares during the past week at an average price of $44.73.

    Arch Capital Group Ltd. was formed in September 2000. Arch Capital Group Ltd. has a market cap of $6.15 billion; its shares were traded at around $44.73 with a P/E ratio of 12.85 and P/S ratio of 2.01. Arch Capital Group Ltd. had an annual average earnings growth of 16.5% over the past 10 years.

    On Nov. 1, 2012, Arch Capital Group Ltd. reported that net income available to common shareholders for the 2012 third quarter was $184.2 million, or $1.33 per share, compared to $162.3 million, or $1.18 per share, for the 2011 third quarter.

    Director James J. Meenaghan sold 4,500 shares of ACGL stock on 11/26/2012 at the average price of $44.29. James J. Meenaghan owns at least 52,503 shares after this. The price of the stock has increased by 0.99% since.

    Google Inc. (NASDAQ:GOOG): Director L. John Doerr Sold 19,097 Shares

    Director of Google Inc. (GOOG) L. John Doerr sold 19,097 shares on 12/03/2012 at an average price of $684.21.

    Google Inc. was incorporated in California in September 1998 and reincorporated in Delaware in August 2003. Google Inc. has a market cap of $229.48 billion; its shares were traded at around $684.21 with a P/E ratio of 21.08 and P/S ratio of 6.05. Google Inc. had an annual average earnings growth of 25.1% over the past five years. GuruFocus rated Google Inc. the business predictability rank of 2.5-star.

    On Oct. 18, 2012, Google Inc. announced financial results for the quarter ended Sept. 30, 2012. Google Inc. reported consolidated revenues of $14.10 billion for the quarter ended Sept. 30, 2012, an increase of 45% compared to the third quarter of 2011.

    Executive Chairman of Board Eric E. Schmidt sold 8,289 shares of GOOG stock on 11/28/2012 at the average price of $678.18. Eric E. Schmidt owns at least 195,679 shares after this. The price of the stock has increased by 0.89% since.

    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.

    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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