Seeking Alpha

Michael Michaud's  Instablog

Michael Michaud
Send Message
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
My company:
Invest2Success
My blog:
Invest2Success Blog
  • Weekly Stock Insider Buys And Sells 0 comments
    Feb 4, 2013 5:52 PM | about stocks: JPM, BAC, YHOO, GOOG, EBAY

    Weekly Stock Insider Buys and Sells by GuruFocus

    JPMorgan Chase & Co (NYSE:JPM): Director Timothy Patrick Flynn Bought 6,750 Shares

    Director of JPMorgan Chase & Co, Timothy Patrick Flynn, bought 6,750 shares on 1/29/2013 at an average price of $47.85. JPMorgan Chase & Co is a global financial services firm and banking institutions in the United States of America with operations worldwide. JPMorgan Chase & Co has a market cap of $181.9 billion; its shares were traded at around $47.85 with a P/E ratio of 10.1626 and P/S ratio of 1.9272. The dividend yield of JPMorgan Chase & Co stocks is 2.51%. JPMorgan Chase & Co had an annual average earnings growth of 5.9% over the past 10 years. GuruFocus rated JPMorgan Chase & Co the business predictability rank of 2-star.

    On Jan.16, JPMorgan Chase & Co. reported net income for the fourth-quarter of 2012 of $5.7 billion, compared with net income of $3.7 billion in the fourth quarter of 2011. Earnings per share were $1.39, compared with $0.90 in the fourth quarter of 2011. Revenue for the quarter was $24.4 billion, up 10% compared with the prior year. Net income for full-year 2012 was a record $21.3 billion, compared with $19.0 billion for the prior year. Earnings per share were a record $5.20 for 2012, compared with $4.48 for 2011. Revenuefor 2012 was $99.9 billion, flat compared with 2011.

    Last week, Director Timothy Patrick Flynn bought 6,750 shares of JPM stock. Corporate Controller Mark O'donovan and Managing Director Mary E. Erdoes sold shares last week; Executive Vice President Gordon Smith and Co-COO Matthew E. Zames sold shares last month.

    Bank of America Corporation (NYSE:BAC): Director R. David Yost Bought 20,000 Shares

    Director of Bank of America Corporation, R. David Yost, bought 20,000 shares on 1/24/2013 at an average price of $14. Bank of America Corporation, through its banking and various non-banking subsidiaries throughout the United States and in selected international markets provides a diversified range of banking and non-banking financial services and products through six business segments: Deposits, Card Services, Consumer Real Estate Services, Global Commercial Banking, Global Banking & Markets, Global Wealth & Investment Management. Bank of America Corporation has a market cap of $126.21 billion; its shares were traded at around $11.71 with a P/E ratio of 31.8471 and P/S ratio of 1.4124. The dividend yield of Bank of America Corporation stocks is 0.34%.

    Last week, Director R. David Yost bought 20,000 shares of BAC stock.

    Yahoo! Inc (NASDAQ:YHOO): Director Daniel S. Loeb sold 11,000,400 Shares

    Director of Yahoo Inc (YHOO) Daniel S. Loeb sold 11,000,400 shares on 02/01/2013 at an average price of $19.76.

    Yahoo Inc. was founded in 1994. Yahoo Inc., together with its consolidated subsidiaries, is a premier digital media company. Yahoo Inc has a market cap of $23.37 billion; its shares were traded at around $19.76 with a P/E ratio of 6.079 and P/S ratio of 4.8591. Yahoo Inc had an annual average earnings growth of 15.1% over the past 10 years.

    On Jan. 28, 2013, Yahoo Inc. reported results for the fourth quarter and full year ended Dec. 31, 2012. GAAP revenue was $1,346 million for the fourth quarter of 2012, a 2 percent increase from the fourth quarter of 2011. Revenue excluding traffic acquisition costs ("revenue ex-TAC") was $1,221 million for the fourth quarter of 2012, a 4 percent increase compared to the fourth quarter of 2011. GAAP revenue was $4,987 million for the full year of 2012, flat compared to the prior year. Revenue ex-TAC was $4,468 million for the full year of 2012, a 2 percent increase from the prior year.

    Senior Vice President, Global Controller and CAO Aman S. Kothari sold 21,250 shares of YHOO stock on 10/26/2012 at the average price of $16.75. Aman S. Kothari owns at least 108,424 shares after this. The price of the stock has increased by 17.97% since.

    Google Inc. (NASDAQ:GOOG): Executive Chairman of Board Eric E. Schmidt sold 203,193 Shares

    Executive Chairman of Board of Google Inc. (GOOG) Eric E. Schmidt sold 203,193 shares during the past week at an average price of $775.6.

    Google Inc. was incorporated in California in September 1998 and reincorporated in Delaware in August 2003. Google Inc. has a market cap of $255.69 billion; its shares were traded at around $775.6 with a P/E ratio of 23.9808 and P/S ratio of 4.99. Google Inc. had an annual average earnings growth of 37% over the past 10 years. GuruFocus rated Google Inc. the business predictability rank of 3-star.

    On Jan. 22, 2013, Google Inc. announced financial results for the quarter and the fiscal year ended Dec. 31, 2012. Google Inc. reported consolidated revenues of $14.42 billion for the quarter ended Dec. 31, 2012, an increase of 36% compared to the fourth quarter of 2011. Google Inc. reports advertising revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (NYSE:TAC). In the fourth quarter of 2012, TAC totaled $3.08 billion, or 25% of advertising revenues. Operating income, operating margin, net income, and earnings per share (NYSEARCA:EPS) are reported on a GAAP and non-GAAP basis. The non-GAAP measures, as well as free cash flow, an alternative non-GAAP measure of liquidity, are described below and are reconciled to the corresponding GAAP measures at the end of this release.

    Executive Chairman of Board Eric E. Schmidt sold 14,960 shares of GOOG stock on 01/29/2013 at the average price of $752.58. Eric E. Schmidt owns at least 188,773 shares after this. The price of the stock has increased by 3.06% since.

    EBay Inc. (NASDAQ:EBAY): Senior Vice President Human Resources Elizabeth L. Axelrod sold 265,250 Shares

    Senior Vice President Human Resources of eBay Inc (EBAY) Elizabeth L. Axelrod sold 265,250 shares on 01/25/2013 at an average price of $57.21. EBay Inc. was formed as a sole proprietorship in September 1995 and was incorporated in California in May 1996. EBay Inc. has a market cap of $74.03 billion; its shares were traded at around $57.21 with a P/E ratio of 19.5695 and P/S ratio of 5.5804. EBay Inc. had an annual average earnings growth of 19.9% over the past 10 years. GuruFocus rated EBay Inc. the business predictability rank of 3-star.

    On Jan. 19, 2013, eBay Inc., a global commerce platform and payments leader, reported that revenue for the fourth quarter ended Dec. 31, 2012, increased 18% to $4.0 billion, compared to the same period of 2011. The company reported fourth quarter net income on a GAAP basis of $751 million, or $0.57 per diluted share, and net income on a non-GAAP basis of $927 million, or $0.70 per diluted share. The increase in non-GAAP earnings per diluted share was driven by double digit user growth across the portfolio, strong gains in mobile adoption, and accelerating growth in the company's Marketplaces business, reflecting a 19% increase in U.S. gross merchandise volume (GMV), excluding vehicles. For the full year, revenue increased 21% to $14.1 billion, compared to 2011. The company reported net income on a GAAP basis of $2.6 billion, or $1.99 per diluted share, and net income on a non-GAAP basis of$3.1 billion, or $2.36 per diluted share. Ebay Inc. enabled more than $175 billion of commerce volume (ECV) in 2012, representing growth of 18%. ECV is the total commerce and payment volume across all three business units consisting of Marketplaces GMV, PayPal merchant services net total payment volume and GSI global ecommerce (GeC) merchandise sales.

    CTO and Senior Vice President Global Products Markets Mark T. Carges sold 200,000 shares of EBAY stock on 01/23/2013 at the average price of $53.51. Mark T. Carges owns at least 69,228 shares after this. The price of the stock has increased by 6.91% 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.

    February 04, 2013 - Weekly Stock Insider Buys and Sells - Review Entire List 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.

Back To Michael Michaud's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.