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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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  • Stock Insiders Buys And Sells 0 comments
    May 7, 2013 8:46 PM | about stocks: OKSB, SPE, KEG, ANCX, CNOB, BLMT, NEM, TXRH, THRX, ABC, NUAN, CHTR, BERY, IPG, PG, ZNGA, TSS

    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.

    May 07, 2013 - Stock Insiders Buys and Sells by GuruFocus

    Southwest Bancorp Inc. (NASDAQ:OKSB): Executive Vice President and CFO Joe T. Shockley Jr. Bought 3,000 Shares

    Executive Vice President and CFO of Southwest Bancorp Inc. (OKSB) Joe T. Shockley Jr. bought 3,000 shares on 04/30/2013 at an average price of $12.75.

    Southwest Bancorp Inc. was incorporated in 1981. It is a financial holding company which provides commercial and consumer banking services through its banking subsidiaries, Stillwater National, SNB Wichita and SNB Kansas and management consulting services through BCG and HSSI. Southwest Bancorp Inc. has a market cap of $256.823 million; its shares were traded around $13.32 with a P/E ratio of 20.83 and P/S ratio of 2.79.

    On April 24, 2013, Southwest Bancorp Inc. reported net income available to common shareholders for the first quarter of 2013 of $2.4 million, or $0.12 per diluted share, compared to $1.0 million, or $0.05 per diluted share, for the fourth quarter of 2012. At March 31, 2013, total assets were $2.1 billion, down $30.6 million, or 1%, from Dec. 31, 2012, and total loans were $1.3 billion, down $51.5 million, or 4%, from Dec. 31, 2012, primarily in commercial real estate loans. Investment securities decreased $11.5 million, or 3%, to $365.6 million as of March 31, 2013, from $377.1 million as of Dec. 31, 2012. The investment portfolio is managed to provide safety, liquidity. and collateral for public funds and borrowings. The investment portfolio continues to be managed in compliance with the current investment policy, including interest rate and liquidity risk stress testing, and the average duration of the portfolio not exceeding four years.

    Director J Berry Harrison sold 3,000 shares of OKSB stock on 05/01/2013 at the average price of $13.12. J Berry Harrison owns at least 90,526 shares after this. The price of the stock has increased by 1.52% since.

    Special Opportunities Fund Inc. (NYSE:SPE): CCO and CFO Gerald Hellerman Bought 2,000 Shares

    CCO and CFO of Special Opportunities Fund Inc. (SPE) Gerald Hellerman bought 2,000 shares on 05/01/2013 at an average price of $17.08.

    Insured Mun Fund is a closed-end, diversified management investment company whose investment objective is to achieve a high level of current income that is exempt from federal income tax, consistent with the preservation of capital. Special Opportunities Fund Inc. has a market cap of $116.2 million; its shares were traded at around $17.13 . The dividend yield of Special Opportunities Fund Inc. stocks is 3.40%.

    On March 15, 2013, Special Opportunities Fund Inc. announced that the fund's board of directors has declared a quarterly cash dividend on the fund's 3.00% Convertible Preferred Stock, Series A. The dividend is payable on March 28, 2013, to holders of record as of March 27, 2013, at the rate of $0.35651 per share.

    Vice President. and Treasurer Rajeev P Das bought 2,500 shares of SPE stock on 12/26/2012 at the average price of $14.97. Rajeev P. Das owns at least 2,500 shares after this. The price of the stock has increased by 14.43% since.

    Key Energy Services Inc. (NYSE:KEG): CEO, President and Chair Richard J. Alario Bought 50,000 Shares

    CEO, President and Chair of Key Energy Services Inc. (KEG) Richard J. Alario bought 50,000 shares on 04/30/2013 at an average price of $6.24. Key Energy Services Inc. is a Maryland corporation organized in April 1977 and commenced operations in July 1978 under the name National Environmental Group Inc. Key Energy Services Inc. has a market cap of $924.5 million; its shares were traded .around $6.24 with a P/E ratio of 9.30 and P/S ratio of 0.50.

    Mario Gabelli owns 93,000 shares as of 12/31/2012, which accounts for 0.0047% of the $13.61 billion portfolio of GAMCO Investors. Wilbur Ross sold out his holdings in the quarter that ended on 12/31/2012.

    EVP and COO Newton W Wilson III bought 10,000 shares of KEG stock on 05/03/2013 at the average price of $6.34. Newton W. Wilson III owns at least 546,754 shares after this. The price of the stock has decreased by 1.58% since. Other insiders have also increased their positions in the company.

    Access National Corporation (NASDAQ:ANCX): President and CEO Michael W. Clarke Bought 10,000 Shares

    President and CEO of Access National Corporation (ANCX) Michael W. Clarke bought 10,000 shares on 05/01/2013 at an average price of $12.91. Access National Corporation was organized in June 15, 2002, under the laws of Virginia to operate as a bank holding company for Access National Bank and Access National Capital Trust II. Access National Corporation has a market cap of $129.6 million; its shares were traded around $12.91 with a P/E ratio of 7.60 and P/S ratio of 1.60. The dividend yield of Access National Corporation stocks is 2.20%. Access National Corporation had an annual average earnings growth of 10.8% over the past 10 years.

    Access National recently reported first quarter net income of $3.7 million, a $247,000 increase over the $3.4 million recorded in the first quarter of 2012. This represents the company's 51st consecutive quarterly profit over its 53-quarter history. Net income per diluted common share was $0.35, an increase of 6% over the $0.33 reported in the first quarter of 2012.

    Senior Vice President, CFO Margaret M. Taylor bought 673 shares of ANCX stock on 02/25/2013 at the average price of $15.92. Margaret M. Taylor owns at least 673 shares after this. The price of the stock has decreased by 18.91% since. Other insiders have decreased their positions in the company.

    ConnectOne Bancorp Inc. (NASDAQ:CNOB): Chairman and CEO Frank Sorrentino III Bought 3,660 Shares

    Chairman and CEO of ConnectOne Bancorp Inc. (CNOB) Frank Sorrentino III bought 3,660 shares on 04/30/2013 at an average price of $29.25. Connectone Bancorp Inc. has a market cap of $147.4 million; its shares were traded around $29.25 with a P/E ratio of 11.20 and P/S ratio of 2.60.

    Executive VP and CFO William S. Burns bought 2,000 shares of CNOB stock on 02/12/2013 at the average price of $28. William S. Burns owns at least 3,667 shares after this. The price of the stock has increased by 4.46% since. Other insiders have also increased their positions in the company.

    BSB Bancorp Inc. (NASDAQ:BLMT): President and CEO Robert M. Mahoney Bought 7,250 Shares

    President and CEO of BSB Bancorp Inc. (BLMT) Robert M. Mahoney bought 7,250 shares on 04/30/2013 at an average price of $13.68. BSB Bancorp Inc. was was incorporated in June, 2011 to become the holding company of Belmont Savings in connection with the Bank's conversion from the mutual holding company to stock holding company form of organization. BSB Bancorp Inc. has a market cap of $121.9 million; its shares were traded around $13.68 with a P/E ratio of 85.20 and P/S ratio of 4.50.

    BSB Bancorp recently reported its first quarter 2013 financial results. The company announced net income of $416,000, or $0.05 per basic and diluted share, for the quarter ended March 31, 2013, compared to net income of $447,000, or $0.05 per basic and diluted share in the first quarter of 2012.

    John Keeley owns 17,500 shares as of 12/31/2012, which accounts for 0.0048% of the $4.48 billion portfolio of Keeley Fund Management.

    Director S. Warren Farrell bought 975 shares of BLMT stock on 05/01/2013 at the average price of $13.58. S. Warren Farrell owns at least 66,446 shares after this. The price of the stock has increased by 0.74% since.

    Newmont Mining Corporation (NYSE:NEM): Director, President and CEO Gary J. Goldberg Bought 3,000 Shares

    Director, President and CEO of Newmont Mining Corporation (NEM) Gary J. Goldberg bought 3,000 shares on 05/02/2013 at an average price of $33.21. Newmont Mining Corporation's original predecessor corporation was incorporated in 1921 under the laws of Delaware. Newmont Mining Corporation has a market cap of $16.18 billion; its shares were traded at around $33.21 with a P/E ratio of 10.10 and P/S ratio of 1.80. The dividend yield of Newmont Mining Corporation stocks is 4.40%. Newmont Mining Corporation had an annual average earnings growth of 12.6% over the past 10 years.

    NEM recently reported attributable net income from continuing operations of $315 million, or $0.63 per basic share, down 44% from $561 million, or $1.13 per basic share in the first quarter of 2012.

    John Hussman owns 1,450,000 shares as of 12/31/2012, an increase of 542.73% from the previous quarter. This position accounts for 1.8% of the $3.8 billion portfolio of Hussman Economtrics Advisors. Ray Dalio owns 293,983 shares as of 12/31/2012, an increase of 215.43% from the previous quarter. This position accounts for 0.14% of the $9.82 billion portfolio of Bridgewater Associates.

    Interim CFO Thomas P Mahoney sold 684 shares of NEM stock on 05/01/2013 at the average price of $32.41. Thomas P. Mahoney owns at least 35,828 shares after this. The price of the stock has increased by 2.47% since. Other insiders have decreased their positions in the company.

    Texas Roadhouse Inc. (NASDAQ:TXRH): Chairman, CEO Wayne Kent Taylor Sold 430,000 Shares

    Chairman and CEO of Texas Roadhouse Inc. (TXRH) Wayne Kent Taylor sold 430,000 shares on 05/02/2013 at an average price of $23.13. Texas Roadhouse Inc. was incorporated under the laws of the state of Delaware in 2004. Texas Roadhouse Inc. has a market cap of $1.63 billion; its shares were traded around $23.70 with a P/E ratio of 23.70 and P/S ratio of 1.34. The dividend yield of Texas Roadhouse Inc. stocks is 1.65%. Texas Roadhouse Inc. had an annual average earnings growth of 14.1% over the past 10 years. GuruFocus rated Texas Roadhouse Inc. the business predictability rank of 5-star.

    Texas Roadhouse Inc. reported revenues of $359.7 million and net income of $26.2 million for their 2013 first quarter fiscal results.

    Chairman and CEO Wayne Kent Taylor sold 823,908 shares of TXRH stock in March and May. CFO George Price Cooper IV sold 15,000 shares of TXRH stock on 02/21/2013 at the average price of $18.8. Director Gregory N. Moore bought 565 shares of TXRH stock in February and May. President Scott Matthew Colosi, COO Steven L. Ortiz and President Scott Matthew Colosi sold 152,896 shares of TXRH stock in February and May.

    Theravance Inc. (NASDAQ:THRX): CEO Rick E. Winningham sold 255,532 Shares

    CEO of Theravance Inc. (THRX) Rick E. Winningham sold 255,532 shares on 04/30/2013 at an average price of $33.64. Theravance Inc. was incorporated in Delaware in November 1996 under the name Advanced Medicine Inc, and began operations in May 1997. Theravance Inc. has a market cap of $3.41 billion; its shares were traded around $33.87 with and P/S ratio of 322.58.

    Theravance Inc. reported its 2013 first financial quarter results. The company reported net sales of $1.3 million and net loss of $37.4 million.

    CEO Rick E. Winningham sold 255,532 shares of THRX stock on 04/30/2013 at the average price of $33.64. Senior Vice President and CFO Michael W. Aguiar sold 170,879 shares of THRX stock on 04/30/2013 at the average price of $33.8. Head of Business Development David L. Brinkley and Senior Vice President Research and Early Clinical Development Mathai Mammen sold 31,104 shares of THRX stock in February and April.

    Theravance Inc. (THRX): Senior Vice President and CFO Michael W. Aguiar Sold 170,879 Shares

    Senior Vice Presidnet and CFO Michael W. Aguiar sold 170,879 shares of THRX stock on April 30, 2013 at the average price of $33.8. Michael W. Aguiar owns at least 142,486 shares after this. The price of the stock has increased by 0.21% since.

    Theravance Inc. was incorporated in Delaware in November 1996 under the name Advanced Medicine Inc. and began operations in May 1997. Theravance Inc. has a market cap of $3.41 billion; its shares were traded at around $33.87 with a P/S ratio of 322.58.

    Theravance Inc. reported first quarter 2013 revenue of $1.3 million, compared to $127.1 million in the same period of last year. Net loss for this quarter was $37.4 million ($0.39 per share).

    CEO Rick E. Winningham sold 255,532 shares of THRX stock on April 30, 2013 at the average price of $33.64. Ten-percent Owner GlaxoSmithKline PLC and other insiders also sold shares of THRX stock over the past week.

    AmerisourceBergen Corp. (NYSE:ABC): President and CEO Steven H. Collis Sold 245,258 Shares

    President and CEO of AmerisourceBergen Corp. (ABC) Steven H. Collis sold 245,258 shares on 05/02/2013 at an average price of $54.41. AmerisourceBergen Corporation is a Delaware Corporation. AmerisourceBergen Corp. has a market cap of $12.63 billion; its shares were traded around $54.57 with a P/E ratio of 19.23 and P/S ratio of 0.17. The dividend yield of AmerisourceBergen Corp. stocks is 1.25%. AmerisourceBergen Corp. had an annual average earnings growth of 12.9% over the past 10 years. GuruFocus rated AmerisourceBergen Corp. the business predictability rank of 3-star.

    AmerisourceBergen Corp. reported revenues of $20.5 billion, up 4.1 percent, and net income of $45.6 million for its 2013 fiscal second quarter results.

    President and. CEO Steven H Collis sold 245,258 shares of ABC stock on 05/02/2013 at the average price of $54.41. Director Jane E. Henney Md, Senior Vice President David W. Neu and Director Charles H. Cotros sold 75,748 shares of ABC stock in December and April.

    Nuance Communications Inc. (NASDAQ:NUAN): CEO Paul Ricci Sold 233,333 Shares

    CEO of Nuance Communications Inc. (NUAN) Paul Ricci sold 233,333 shares on 05/01/2013 at an average price of $19.04. Nuance Communications Inc. was incorporated in 1992 as Visioneer Inc. Nuance Communications Inc. has a market cap of $6.14 billion; its shares were traded around $19.53 with a P/E ratio of 35.46 and P/S ratio of 3.55. Nuance Communications Inc. had an annual average earnings growth of 23.1% over the past 10 years. GuruFocus rated Nuance Communications Inc. the business predictability rank of 4-star.

    Revenues were $451.0 million and net income was $25.8 million for Nuance Communications Inc.'s 2013 second fiscal quarter results.

    CEO Paul Ricci sold 653,333 shares of NUAN stock in January, February, April and May. President Global Sales and Marketing Steven G. Chambers, Executive Vice President Finance and Chief Financial Officer Thomas L. Beaudoin, Executive Vice President and General Manager Healthcare Janet Dillione sold 107,415 shares of NUAN stock in December, March, April and May.

    Charter Communications Inc. (NASDAQ:CHTR): Director Bruce A. Karsh Sold 7,064,036 Shares

    Director of Charter Communications Inc. (CHTR) Bruce A. Karsh sold 7,064,036 shares on 05/01/2013 at an average price of $104.61.

    Charter Communications Inc. was organized as a Delaware corporation in 1999. Charter Communications Inc. has a market cap of $10.43 billion; its shares were traded around $104.61 with and P/S ratio of 1.39. Charter Communications Inc. had an annual average earnings growth of 79.6% over the past five years.

    On Feb. 22, 2013 Charter Communications Inc. reported financial and operating results for the three and twelve months ended Dec. 31, 2012. Fourth quarter 2012 residential customer relationships increased by 20,000, a four-fold increase over the fourth quarter of 2011. Residential customer relationships grew by 108,000 in 2012, compared to a loss of 20,000 in 2011. Revenues grew to $1.913 billion in the fourth quarter of 2012, up 4.3% as compared to the prior-year period, driven by growth in Internet and commercial customers, and higher sales of video and advertising. Total revenues for the full year rose 3.9% on a pro forma basis and 4.2% on an actual basis.

    Director Opportunities Investment Oaktree sold 7,064,036 shares of CHTR stock on 05/01/2013 at the average price of $95.5. Opportunities Investment Oaktree owns at least 2 million shares after this. The price of the stock has increased by 9.54% since.

    Berry Plastics Group Inc. (NYSE:BERY): CFO Jim M. Kratochvil Sold 152,342 Shares

    CFO Jim M. Kratochvil sold 152,342 shares of BERY stock on April 26, 2013 at the average price of $18.03. Jim M. Kratochvil owns at least 681,048 shares after this. The price of the stock has increased by 8.93% since.

    Berry Plastics Group Inc. was incorporated in Delaware on June 26, 2006. Berry Plastics Group Inc. has a market cap of $2.17 billion; its shares were traded at around $19.64 with a P/E ratio of 80 and a P/S ratio of 0.39.

    Berry Plastics Group Inc. recently released its second quarter 2013 results. Net sales this quarter declined 3% to $1.15 billion. Adjusted net income was $0.28 per share, compared to $0.16 per share prior year quarter.

    Executive Vice President Adam Unfried sold 44,750 shares of BERY stock on May 2, 2013 at the average price of $19.14. Executive Vice President Curt Begle sold 24,200 shares of BERY stock on May 2, 2013 at the average price of $19.06.

    Interpublic Group of Companies Inc. (NYSE:IPG): Executive Vice President and CFO Frank Mergenthaler Sold 150,000 Shares

    Executive Vice President and CFO Frank Mergenthaler sold 150,000 shares of IPG stock on May 1, 2013 at the average price of $13.72. Frank Mergenthaler owns at least 314,434 shares after this. The price of the stock has increased by 2.41% since.

    Interpublic Group of Companies Inc. was incorporated in Delaware in September 1930 under the name of McCann-Erickson Inc. as the successor to the advertising agency businesses founded in 1902. Interpublic Group of Companies Inc. has a market cap of $5.97 billion; its shares were traded at around $14.05 with a P/E ratio of 15.85 and P/S ratio of 0.96. The dividend yield of Interpublic Group of Companies Inc. stocks is 1.81%. The company has had an annual average earnings growth of 18.5% over the past 10 years.

    Interpublic Group of Companies Inc. reported net loss of $59.2 million in its first quarter of 2013, compared to a net loss of $45.9 million in the prior year quarter. Total revenue grew 2.4% year-over-year to $1.54 billion, and organic revenue increased 2.3%.

    Executive Vice President Philippe Krakowsky, and Senior Vice President Christopher F. Carroll have both also sold shares of IPG stock over the past week.

    Procter & Gamble Co (NYSE:PG): CFO Jon R. Moeller Sold 133,187 Shares

    CFO Jon R. Moeller sold 133,187 shares of PG stock on April 30, 2013 at the average price of $77.05. Jon R. Moeller owns at least 70,670 shares after this. The price of the stock has increased by 1.48% since.

    Procter & Gamble Co. was incorporated in Ohio in 1905, having been built from a business founded in 1837. Procter & Gamble Co. has a market cap of $213.12 billion; its shares were traded at around $78.19 with a P/E ratio of 19.72 and a P/S ratio of 2.73. The dividend yield of Procter & Gamble Co. stocks is 2.93%. Procter & Gamble Co .had an annual average earnings growth of 5.7% over the past 10 years. GuruFocus rated Procter & Gamble Co. the business predictability rank of 1-star.

    Procter & Gamble has released its results for its third quarter 2013 ended this March. Diluted EPS were $0.88 this quarter, an increase of 7% from the prior year quarter. Organic sales grew 3% from last year, with net sales growth of 2% to $20.6 billion. Operating cash flow was $3.9 billion this quarter, and the core gross margin increased 20 basis points. Also during this quarter, the company repurchased $1 billion of stock.

    Zynga Inc. (NASDAQ:ZNGA): CFO Mark Vranesh Sold 125,000 Shares

    CFO Mark Vranesh sold 125,000 shares of ZNGA stock on May 1, 2013 at the average price of $3.18. Mark Vranesh owns at least 676,892 shares after this. The price of the stock has increased by 1.26% since.

    Zynga Inc. originally organized in April 2007 as a California limited liability company under the name Presidio Media LLC, and it converted to a Delaware corporation in October 2007. Zynga Inc. has a market cap of $2.54 billion; its shares were traded at around $3.22 with a P/E ratio of 161.50 and a P/S ratio of 2.03.

    Other insiders have also sold shares of ZNGA stock.

    Total System Services Inc. (NYSE:TSS): Senior Executive Vice President and CFO James B. Lipham Sold 94,247 Shares

    Senior Executive Vice President and CFO James B. Lipham sold 94,247 shares of TSS stock on May 2, 2013 at the average price of $23.53. James B. Lipham owns at least 165,352 shares after this. The price of the stock has increased by 1.66% since.

    Total System Services Inc. was incorporated in Georgia. Total System Services Inc. has a market cap of $4.41 billion; its shares were traded at around $23.92 with a P/E ratio of 18.55 and a P/S ratio of 2.41. The dividend yield of Total System Services Inc. stocks is 1.67%. Total System Services Inc. had an annual average earnings growth of 5.9% over the past 10 years.

    Total System Services Inc. recently reported its first quarter 2013 diluted EPS of $0.30, an 1.7% increase over the same quarter last year. Total revenues were $465 million, an increase of $0.8% year-over-year.

    Senior Executive Vice President, General Counsel, Secretary G. Sanders Griffith III, and Executive Vice President Dorenda K. Weaver also sold shares of TSS stock over the past week.

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