logo
  Join        Login             Stock Quote

Insider Weekends – February 25, 2011

 February 26, 2011 05:46 PM
 


Welcome to edition thirty eight of Insider Weekends. Insider buying increased last week with insiders purchasing $36.86 million of their stock when compared to $33.13 million in the week prior. Selling on the other hand dropped with insiders selling $895.43 million worth of stock when compared to $2.14 billion in the week prior.

Sell/Buy Ratio:

The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by total insider buying in that week. The adjusted ratio for last week dropped sharply to 24.29. In other words, insiders sold more than 24 times as much stock as they purchased. The Sell/Buy ratio this week compares favorably with the week prior when the ratio stood at 64.53. We are calculating an adjusted ratio by removing transactions by funds and companies and trying as best as possible only to retain information about insiders and 10% owners who are not funds or companies.

[Related -WhatsApp With That?]

Insider Sell Buy Ratio February 25, 2011

Note: As mentioned in the first post in this series Introduction to Insider Weekends, certain industries have their preferred metrics such as same store sales for retailers, funds from operations (FFO) for REITs and revenue per available room (RevPAR) for hotels that provide a better basis for comparison than simple valuation metrics. However metrics like Price/Earnings, Price/Sales and Enterprise Value/EBITDA included below should provide a good starting point for analyzing the majority of stocks.

[Related -Why it’s time to sell Microsoft]

Notable Insider Buys:

1. Lorillard, Inc. (LO): $77.19

Chairman, President and CEO Murray S. Kessler acquired 12,500 shares of this cigarettes company, paying $79.07 per share for a total amount of $988,376. Mr. Kessler increased his stake by 15.59% to 92,657 shares with this purchase.

You can view the list of recent insider transactions for Lorillard here.

P/E: 11.38Forward P/E: 9.39Industry P/E: 17.75
P/S: 2.77Price/Book: N/AEV/EBITDA: 5.84
Market Cap: $11.24BAvg. Daily Volume: 1,799,86052 Week Range: $70.24 – $89.71

2. Noble Energy, Inc. (NBL): $89.19

Director William Van Kleef acquired 10,000 shares of this oil & gas exploration company, paying $87.94 per share for a total amount of $879,450. Mr. Van Kleef increased his stake by 22.94% to 53,583 shares with this purchase.

You can view the list of recent insider transactions for Noble Energy here.

P/E: 21.75Forward P/E: 15.22Industry P/E: 28.74
P/S: 5.25Price/Book: 2.22EV/EBITDA: 8.76
Market Cap: $15.67BAvg. Daily Volume: 1,502,53052 Week Range: $56.23 – $92.16

3. Rex Energy Corporation (REXX): $12.59

Shares of this oil & gas exploration company were acquired by 6 insiders:

  • Director Lance T. Shaner acquired 44,325 shares, paying $11.73 per share for a total amount of $519,787. Mr. Shaner increased his stake by 0.62% to 7,244,383 shares with this purchase.
  • Director John W. Higbee acquired 3,000 shares, paying $11.62 per share for a total amount of $34,860. Mr. Higbee increased his stake by 12.06% to 27,870 shares with this purchase.
  • Director John A. Lombardi acquired 2,000 shares, paying $11.75 per share for a total amount of $23,500. Mr. Lombardi increased his stake by 16.85% to 13,870 shares with this purchase.
  • Exec. VP and COO Patrick M. Mckinney acquired 1,000 shares, paying $11.31 per share for a total amount of $11,314. Mr. Mckinney increased his stake by 1.40% to 72,531 shares with this purchase.
  • Sr. VP of Exploration David E. Pratt acquired 1,000 shares, paying $11.55 per share for a total amount of $11,550. Mr. Pratt increased his stake by 2.08% to 49,124 shares with this purchase.
  • Exec. VP and CFO Thomas Charles Stabley acquired 1,000 shares, paying $11.50 per share for a total amount of $11,500. Mr. Stabley increased his stake by 0.17% to 576,401 shares with this purchase.

You can view the list of recent insider transactions for Rex Energy here.

P/E: 89.93Forward P/E: 27.98Industry P/E: 27.69
P/S: 7.9Price/Book: 1.78EV/EBITDA: 27.81
Market Cap: $557.81MAvg. Daily Volume: 566,53352 Week Range: $8.62 – $15.39

4. MFA Financial, Inc. (MFA): $8.45

Senior VP and General Counsel Timothy W. Korth acquired 20,000 shares of this mortgage REIT, paying $25.51 per share for a total amount of $510,214. Mr. Korth increased his stake by 2000% to 21,000 shares with this purchase.

This was a purchase of the 8.5% Series A Preferred Stock and not the common stock.

You can view the list of recent insider transactions for MFA Financial here.

P/E: 9.09Forward P/E: 8.12Industry P/E: 17.57
P/S: 7.34Price/Book: 1.05EV/EBITDA: N/A
Market Cap: $2.38BAvg. Daily Volume: 3,136,83052 Week Range: $6.14 – $8.5

5. Star Gas Partners LP (SGU): $5.44

Director Sheldon B. Lubar acquired 121,990 shares of this retail oil and gas company, paying $5.43 per share for a total amount of $662,875.

These shares were acquired indirectly through family funds.

You can view the list of recent insider transactions for Star Gas Partners here.

P/E: 10.54Forward P/E: N/AIndustry P/E: 16.67
P/S: 0.28Price/Book: 1.24EV/EBITDA: 5.24
Market Cap: $364.90MAvg. Daily Volume: 105,44052 Week Range: $4.17 – $5.84

You can view the full list of purchases from this Insider Buying page.

Notable Insider Sales:

1. Sara Lee Corp. (SLE): $17

Director Jeffrey W. Ubben sold 7,208,299 shares of this packaged food products company for $17.01, generating $122,632,577 from the sale.

These shares were sold indirectly through ValueAct Capital Master Fund, L.P.

You can view the list of recent insider transactions for Sara Lee here.

P/E: 12.32Forward P/E: 16.32Industry P/E: 17.22
P/S: 0.97Price/Book: 5.15EV/EBITDA: 8.56
Market Cap: $10.67BAvg. Daily Volume: 9,683,04052 Week Range: $12.83 – $20.26

2. Franklin Resources Inc. (BEN): $124.94

Chairman of the Board Charles B. Johnson sold 400,000 shares of this asset management company for $126.68, generating $50.67 million from the sale.

Half of these shares were sold from Mr. Johnson's IRA.

You can view the list of recent insider transactions for Franklin Resources here.

P/E: 17.81Forward P/E: 13.51Industry P/E: 16.48
P/S: 4.47Price/Book: 3.4EV/EBITDA: 9.96
Market Cap: $27.87BAvg. Daily Volume: 1,117,83052 Week Range: $84 – $130.97

3. Intuit Inc. (INTU): $52.4

Shares of this software company were sold by 3 insiders:

  • Chairman of Exec. Committee Scott D. Cook sold 500,000 shares for $52.91, generating $26.45 million from the sale. These shares were sold indirectly through trusts.
  • EVP, Small Business Group Kiran M. Patel sold 100,000 shares for $52.90, generating $5.3 million from the sale. These shares were sold as a result of exercising options immediately prior to the sale.
  • Director William V. Campbell sold 100,000 shares for $52.90, generating $5.29 million from the sale. These shares were sold as a result of exercising options immediately prior to the sale.

You can view the list of recent insider transactions for Intuit here.

P/E: 31.76Forward P/E: 18.78Industry P/E: 28.26
P/S: 4.48Price/Book: 7.01EV/EBITDA: 15.31
Market Cap: $16.14BAvg. Daily Volume: 2,887,90052 Week Range: $32.16 – $54.68

4. Google Inc. (GOOG): $610.04

CEO, Chairman of the Board Eric E. Schmidt sold 44,557 shares of Google for $616.05, generating $27.45 million from the sale.

These shares were sold through various trusts, family foundations and limited partnerships. 33,177 of these shares sold were related to the conversion of Class B common stock to Class A common stock.

While Google's founders sell stock on a regular basis, this is the first time since October 2007 that Mr. Schmidt has sold Google stock. Eric Schmidt is set to step down as CEO on April 4 and founder Larry Page will take over the CEO role.

You can view the list of recent insider transactions for Google here.

P/E: 23.19Forward P/E: 15.19Industry P/E: 23.33
P/S: 6.68Price/Book: 4.23EV/EBITDA: 14.18
Market Cap: $196.14BAvg. Daily Volume: 2,430,88052 Week Range: $433.63 – $642.96

5. Perrigo Co. (PRGO): $75.91

Shares of this drug and nutritional products company were sold by 3 insiders:

  • Director Moshe Arkin sold 256,126 shares for $75.46, generating $19.33 million from the sale. These shares were sold indirectly by Nichsei Arkin Ltd.
  • President and CEO Joseph C. Papa sold 21,000 shares for $74.99, generating $1.57 million from the sale. 15,000 of these shares were sold as a result of exercising options immediately prior to the sale.
  • Executive VP & CFO Judy L. Brown sold 2,000 shares for $75.84, generating $151,682 from the sale.

You can view the list of recent insider transactions for Perrigo here.

P/E: 25.73Forward P/E: 17.14Industry P/E: 16.75
P/S: 2.66Price/Book: 5.12EV/EBITDA: 14.73
Market Cap: $7.01BAvg. Daily Volume: 755,40652 Week Range: $49.12 – $76.87

You can view the full list of sales from this Insider Sales page.

iOnTheMarket Premium
Advertisement

Advertisement


Comments Closed


rss feed

Latest Stories

article imageChipotle Mexican Grill, Inc. (CMG) Q2 Earnings Preview: Will Higher Traffic Offset Higher Costs the Key

Chipotle Mexican Grill, Inc. (NYSE:CMG) will host a conference call to discuss second quarter 2014 read on...

article imageNetflix, Inc. (NFLX) Q2 Earnings Preview: The Ruby Month for a Reason

Netflix, Inc. (NASDAQ:NFLX) will post its second-quarter 2014 financial results and business outlook on its read on...

article imageLadenburg Thalmann Financial Services (NYSEMKT:LTS): Heavy, Durable Insider Buying

Ahh, but any worries over price levels didn’t stop multiple insiders at Ladenburg Thalmann Financial read on...

article imageInternational Business Machines Corp. (IBM) Q2 Earnings Preview: Small Beat and Pop

International Business Machines Corp. (NYSE:IBM) will host a conference call Wednesday, Jul. 16, 2014 at read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.