GuruFocus Insider Data
, these are the largest insider buys during the past week:
Citigroup Inc. (
), Bank of America Corporation (
), UnitedHealth Group Inc. (
), General Motors Co. (
) and Apache Corporation (
The overall trend of insiders is illustrated in the chart below:
Citigroup Inc. (
): Director William S. Thompson Bought 6,850 Shares
Director of Citigroup Inc., William S. Thompson, bought 6,850
shares on 11/08/2012 at an average price of $35.93. Citigroup
Inc., the global financial services company, has some two hundred
million customer accounts and does business in more than hundred
countries, providing consumers, corporations, governments, and
institutions with a broad range of financial products and
services, including consumer banking and credit, corporate and
investment banking, securities brokerage, and wealth management.
Citigroup Inc. has a market cap of $107.33 billion; its shares
were traded at around $35.93 with a P/E ratio of 10.5 and P/S
ratio of 1.4. The dividend yield of Citigroup Inc. stocks is
On Oct. 15, Citigroup Inc. reported net income for the third
quarter 2012 of $468 million, or $0.15 per diluted share, on
revenues of $14.0 billion. Third quarter results also included a
pre-tax loss of $4.7 billion ($2.9 billion after-tax) from the
sale of a 14% interest and other-than-temporary impairment of the
carrying value of Citi's remaining 35% interest in the Morgan
Stanley Smith Barney (MSSB) joint venture. In addition, third
quarter results included a $582 million tax benefit related to
the resolution of certain tax audit items.
Last week, Director
William S. Thompson
bought 6,850 shares of C stock. Controller
Jeffrey R. Walsh
sold 6,000 shares this month.
Bank of America Corporation (
): Director R. David Yost Bought 10,000 Shares
Director of Bank of America Corporation, R. David Yost, bought
10,000 shares on 11/07/2012 at an average price of $9.77. Bank of
America Corp. is one of the world's financial services companies.
Bank of America Corporation has a market cap of $97.91 billion;
its shares were traded at around $9.43 with a P/E ratio of 13.9
and P/S ratio of 0.9. The dividend yield of Bank of America
Corporation stocks is 0.4%.
On Oct. 17, Bank of America Corporation reported net income
of$340 million, or $0.00 per diluted share, for the third quarter
of 2012, compared to $6.2 billion, or $0.56 per diluted share, in
the third quarter of 2011. Total revenue, net of interest
expense, on a GAAP basis was $20.4 billion, $22.0 billion and
$28.5 billion for the three months ended September 30, 2012, June
30, 2012 and September 30, 2011.
Last week, Director
R David Yost
bought 10,000 shares of BAC stock. Director Charles K Gifford and
Director Donald E Powell bought shares in June.
UnitedHealth Group Inc. (
): Director Edson De Godoy Bueno Bought 8,416,905 Shares
Director of UnitedHealth Group Inc., Edson De Godoy Bueno, bought
8,416,905 shares on 11/02/2012 at an average price of $52.9.
UnitedHealth Group Inc. offers health care coverage and related
services to help people achieve improved health and well-being
through all stages of life. UnitedHealth Group Inc. has a market
cap of $57.61 billion; its shares were traded at around $52.9
with a P/E ratio of 10.6 and P/S ratio of 0.6. The dividend yield
of UnitedHealth Group Inc. stocks is 1.5%. UnitedHealth Group
Inc. had an annual average earnings growth of 18.2% over the past
10 years. GuruFocus rated UnitedHealth Group Inc. the business
predictability rank of 3.5-star.
On Oct. 16, UnitedHealth Group Inc. reported results for the
third quarter of 2012. UnitedHealth Group's consolidated third
quarter 2012 revenues of $27.3 billion grew $2 billion or 8
percent year over year, led by increases in UnitedHealthcare
Medicare and Medicaid benefit offerings and strong growth rates
from Optum health service and technology offerings. Third quarter
earnings from operations were $2.6 billion and net earnings were
$1.6 billion or $1.50 per share, an increase of 28 percent from
third quarter 2011.
Last week, Director Edson De Godoy Bueno bought 8,416,905 shares
of UNH stock. Director William C. Ballard Jr. sold 20,000 shares
this month. Executive Vice President and CEO, UnitedHealthcare
Gail Boudreaux sold 64,606 shares in September. Director Gail R.
Wilensky and Executive Vice President, Human Capital Lori Sweere
sold shares in June.
General Motors Co. (
): Director Thomas M. Schoewe Bought 3,845 Shares
Director of General Motors Co., Thomas M. Schoewe, bought 3,845
shares on 11/06/2012 at an average price of $25.04. General
Motors Company is engaged in the designing, manufacturing and
retailing of vehicles globally including passenger cars,
crossover vehicles, and light trucks, sport utility vehicles,
vans and other vehicles. General Motors Co. has a market cap of
$36.47 billion; its shares were traded at around $25.04 with a
P/E ratio of 7.2 and P/S ratio of 0.2.
On Oct. 31, General Motors Co. announced third quarter net income
attributable to common stockholders of $1.5 billion, or $0.89 per
fully diluted share including the impact of special items, which
reduced net income by $0.1 billion and diluted earnings per share
by $0.04. In the third quarter a year ago, GM's net income
attributable to common stockholders was $1.7 billion, or $1.03
per fully diluted share. Net revenue in the third quarter of 2012
was $7.6 billion compared with $36.7 billion a year ago.
Last week, Director Thomas M. Schoewe bought 3,845 shares of GM
stock. Chairman and CEO Daniel F. Akerson bought 25,000 shares in
August. Senior Vice President Mary T. Barra and Vice President
Joel Ewanick sold shares in June.
Apache Corporation (
): Vice President F. Brady Parish
Bought 4,750 Shares
Vice President of Apache Corporation, F. Brady Parish Jr., bought
4,750 shares on 11/05/2012 at an average price of $78.98. Apache
Corporation is an independent energy company that explores for,
develops and produces natural gas, crude oil and natural gas
liquids. Apache Corporation has a market cap of $32.22 billion;
its shares were traded at around $78.98 with a P/E ratio of 7.5
and P/S ratio of 1.9. The dividend yield of Apache Corporation
stocks is 0.8%. Apache Corporation had an annual average earnings
growth of 15.3% over the past 10 years. GuruFocus rated Apache
Corporation the business predictability rank of 2.5-star.
On Nov. 1, Apache Corporation said that higher rig counts and new
infrastructure contributed to record production from Permian and
Anadarko Basin operations. For the three-month period ending
Sept. 30, 2012, Apache reported production of 771,000 barrels of
oil equivalent per day, up approximately 18,300 boepd, or 2.4
percent, from the same period in the prior year. Apache's third
quarter 2012 earnings totaled $161 million, or 41 cents per
diluted common share, reflecting the impact of a $539 million
non-cash, after-tax write-down in the carrying value of its
properties in Canada resulting from lower natural gas prices.
Last week, Director Charles J. Pitman and Vice President F. Brady
Parish Jr. bought shares of APA stock. Vice President, Chief
Accountant Rebecca A. Hoyt sold 1,902 shares in August.
For the complete list of stocks that bought by their company
executives, go to: Insider Buys.About GuruFocus: GuruFocus.com
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