GuruFocus Insider Data
, these are the largest insider buys during the past week: Bank
of America Corp. (
), Invesco Ltd. (
), Akamai Technologies Inc. (
), Ascena Retail Group Inc. (
), and URS Corp. (
The overall trend of insiders is illustrated in the chart below:
Bank of America Corp. (
): Director Charles K Gifford Bought 482,794 Shares
Director of Bank of America Corp., Charles K Gifford, bought
482,794 shares on 6/12/2012 at an average price of $7.87. Bank of
America Corp. is one of the world's financial services companies.
Bank of America Corp. has a market cap of $81.54 billion; its
shares were traded at around $7.87 with and P/S ratio of 0.7. The
dividend yield of Bank of America Corp. stocks is 0.5%.
On April 19, Bank of America Corporation reported net income of
$653 million, or $0.03 per diluted share, for the first quarter
of 2012. Revenue, net of interest expense, on a fully
taxable-equivalent basis was $22.5 billion. The results compare
to net income of $2.0 billion, or $0.17 per diluted share, in the
year-ago quarter on revenue of $27.1 billion when the company
reported negative valuation adjustments of $943 million, or $0.06
This month, Director
Charles K Gifford
Donald E Powell
bought shares of BAC stock.
Invesco Ltd. (
): Director Rex D Adams Bought 1,333 Shares
Director of Invesco Ltd (
) Rex D Adams bought 1,333 shares on 06/13/2012 at an average
price of $22.02. Invesco Ltd. is an independent global investment
management company, dedicated to helping people worldwide build
their financial security. Invesco Ltd. has a market cap of $10.23
billion; its shares were traded at around $22.02 with a P/E ratio
of 13.3 and P/S ratio of 2.5. The dividend yield of Invesco Ltd.
stocks is 3%. Invesco Ltd. had an annual average earnings growth
of 4.7% over the past 10 years.
On April 26, Invesco Ltd. reported financial results for three
months ended March 31, 2012. Net revenues increased by $19.5
million (2.7%) to $736.3 million in the first quarter from $716.8
million in the fourth quarter 2011. Operating revenues increased
3.7% to $1,033.7 million in the first quarter from $997.1 million
in the fourth quarter 2011. Operating expenses increased by 2.3%
to $803.9 million in the first quarter from $785.5 million in the
fourth quarter 2011.
Last week, Director
Rex D Adams
bought 1,333 shares of IVZ stock. Senior Managing Director Andrew
Tak Shing Lo sold 125,000 shares in March. SMD Gregory Mark
Armour and President & CEO Martin L Flanagan sold shares in
Akamai Technologies Inc. (
): Director George H Conrades Bought 29,182 Shares
Director of Akamai Technologies Inc., George H Conrades, bought
29,182 shares on 6/07/2012 at an average price of $31.19. Akamai
Technologies Inc. is the global service provider for accelerating
content and business processes online. Akamai Technologies Inc.
has a market cap of $5.4 billion; its shares were traded at
around $31.19 with a P/E ratio of 25.5 and P/S ratio of 4.7.
Akamai Technologies Inc. had an annual average earnings growth of
21.3% over the past 5 years.
On April 25, Akamai Technologies Inc. reported financial results
for the first quarter ended March 31, 2012. Revenue for the first
quarter of 2012 was $319 million, a 16 percent increase over
first quarter 2011 revenue of $276 million. Net income for the
first quarter of 2012 was $43 million, or $0.24 per diluted
share, a 15 percent decrease from first quarter 2011 GAAP net
income of $51 million, or $0.26 per diluted share, and a 28
percent decrease from fourth quarter 2011 GAAP net income of $60
million, or $0.33 per diluted share.
This month, Director George H Conrades and Chief Scientist F
Thomson Leighton bought shares of AKAM stock. Chief Scientist F
Thomson Leighton bought 100,000 shares in April. SVP - General
Counsel Melanie Haratunian and Director Frederic V Salerno sold
shares this month. President and CEO Paul Sagan sold 40,000
shares in May and CFO J Donald Sherman sold 5,000 shares in
Ascena Retail Group Inc. (
): Director Randy L Pearce Bought 8,200 Shares
Director of Ascena Retail Group Inc., Randy L Pearce, bought
8,200 shares on 06/07/2012 at an average price of $19.51. Ascena
Retail Group Inc., formerly known as The Dress Barn Inc., has a
market cap of $2.94 billion; its shares were traded at around
$19.51 with a P/E ratio of 14.6 and P/S ratio of 1. Ascena Retail
Group Inc. had an annual average earnings growth of 17.8% over
the past 10 years. GuruFocus rated Ascena Retail Group Inc. the
business predictability rank of 4-star.
On May 31, Ascena Retail Group Inc. reported financial results
for its fiscal third quarter and nine months ended April 28,
2012. Net income for the third quarter of Fiscal 2012 was $49.4
million, representing a slight decrease to the year-ago quarter's
net income of $51.8 million. Earnings per share for the third
quarter of Fiscal 2012 decreased slightly to$0.31 per diluted
share, compared to $0.32 of earnings per diluted share for the
third quarter of Fiscal 2011. Net sales for the third quarter of
Fiscal 2012 increased 8% to $783.3 million, compared to $722.8
million for last year's third quarter.
Last week, Director Randy L Pearce bought 8,200 shares of ASNA
stock. SVP, General Counsel Gene Wexler and Executive Vice
President & CFO Armand Correia sold shares in January.
URS Corp. (
): Pres. Oil & Gas Div, VP William J Lingard Bought 5,000
Pres. Oil & Gas Div, VP of URS Corp., William J Lingard,
bought 5,000 shares on 06/12/2012 at an average price of $34.19.
URS Corporation offers a broad range of planning, design, and
program and construction management services for transportation,
hazardous waste, industrial processing and petrochemical, general
building and water/wastewater projects. URS Corp. has a market
cap of $2.73 billion; its shares were traded at around $34.19
with a P/E ratio of 9.4 and P/S ratio of 0.3. The dividend yield
of URS Corp. stocks is 2.2%. URS Corp. had an annual average
earnings growth of 5.2% over the past 5 years.
On May. 8, URS Corporation reported its financial results for the
first quarter of fiscal 2012, which ended on March 30, 2012.
Revenues for the quarter were $2.36 billion, compared with $2.32
billion recorded during the first quarter of 2011. Operating
income for the quarter was $163.9 million, compared with $132.1
million reported in the corresponding period of the prior year.
Net income was $79.7 million, a 28% increase from net income of
$62.1 million reported in the first quarter of 2011. Diluted
earnings per share ("EPS") were $1.07, an increase of 35% from
EPS of $0.79 reported in the first quarter of last year.
Last week, Pres. Oil & Gas Div, VP William J Lingard bought
5,000 shares of URS stock. VP and Chief Acct Officer Reed H
Brimhall and Director, CEO, Chairman, Pres. Martin M Koffel sold
shares in March.
For the complete list of stocks that bought by their company
executives, go to: Insider Buys.About GuruFocus: GuruFocus.com
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