Weekly Top Insider Buys: CHK, LKQ, AGCO, FMER, and NIHD

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According to GuruFocus Insider Data , these are the largest insider buys during the past week. The overall trend of insiders is illustrated in the chart below:



Chesapeake Energy Corporation ( CHK ): Director Archie W. Dunham Bought 75,000 Shares

Director of Chesapeake Energy Corporation ( CHK ) Archie W. Dunham bought 75,000 shares on 09/18/2012 at an average price of $19.36.

Chesapeake Energy Corp. is an independent oil and gas company engaged in the development, exploration, acquisition and production of onshore natural gas and oil reserves. Chesapeake Energy Corporation has a market cap of $12.88 billion; its shares were traded at around $19.36 with a P/E ratio of 12.57 and P/S ratio of 1.11. The dividend yield of Chesapeake Energy Corporation stocks is 1.81%. Chesapeake Energy Corporation had an annual average earnings growth of 8% over the past 10 years.

On Aug. 6, 2012 Chesapeake Energy Corporation announced financial and operational results for the 2012 second quarter. For the 2012 second quarter, Chesapeake reported net income to common stockholders of $929 million ($1.29 per fully diluted common share), EBITDA of $2.385 billion (defined as net income before income taxes, interest expense, and depreciation, depletion and amortization) and operating cash flow of $895 million (defined as cash flow from operating activities before changes in assets and liabilities) on revenue of $3.389 billion and production of 347 billion cubic feet of natural gas equivalent (bcfe).

Executive Vice President Operations and COO Steven C. Dixon bought 860 shares of CHK stock on 06/12/2012 at the average price of $17.51. Steven C. Dixon owns at least 1,176,503 shares after this. The price of the stock has increased by 10.57% since.

LKQ Corp. ( LKQ ): Director William M. Webster IV Bought 10,000 Shares

Director of LKQ Corp. ( LKQ ) William M. Webster IV bought 10,000 shares on 09/18/2012 at an average price of $18.87.

LKQ Corp is the largest nationwide provider of recycled OEM automotive replacement parts and related services, with sales and processing facilities and redistribution centers that reach most major markets in the U.S. LKQ Corp. has a market cap of $5.59 billion; its shares were traded at around $18.87 with a P/E ratio of 23.01 and P/S ratio of 1.71. LKQ Corp. had an annual average earnings growth of 21.2% over the past five years.

On July 26, 2012 LKQ Corporation reported record revenue for the second quarter of 2012 of $1.01 billion, an increase of 32.5% as compared to $759.7 million in the second quarter of 2011. Net income for the second quarter of 2012 was $64.0 million, an increase of 37% as compared to $46.7 million for the same period of 2011.

Senior Vice President and General Counsel Victor M. Casini sold 200,000 shares of LKQ stock on 08/21/2012 at the average price of $19.51. Victor M. Casini owns at least 122,400 shares after this. The price of the stock has decreased by 3.28% since.

AGCO Corporation ( AGCO ): Director Mallika Srinivasan Bought 1,100 Shares

Director of AGCO Corporation ( AGCO ) Mallika Srinivasan bought 1,100 shares on 09/20/2012 at an average price of $46.75.

AGCO Corp is engaged in the manufacturer and distribution of farm equipment, machinery and replacement parts in the United States and Canada. AGCO Corporation has a market cap of $4.55 billion; its shares were traded at around $46.75 with a P/E ratio of 8.35 and P/S ratio of 0.52. AGCO Corporation had an annual average earnings growth of 11% over the past 10 years. GuruFocus rated AGCO Corporation the business predictability rank of 3-star .

On July 26, 2012 AGCO reported net sales of approximately $2.7 billion for the second quarter of 2012, an increase of approximately 14.1% compared to net sales of $2.4 billion for the second quarter of 2011. Reported and adjusted net income per share were $2.08 for the second quarter of 2012. These results compare to reported net income per share of $1.36 and adjusted net income per share of $1.35 for the second quarter of 2011.

Director Daniel C. Ustian bought 446 shares of AGCO stock on 08/14/2012 at the average price of 44.81. Daniel C. Ustian owns at least 3,452 shares after this. The price of the stock has increased by 4.33% since.

Firstmerit Corp ( FMER ): Director Robert W. Briggs Bought 3,300 Shares

Director of Firstmerit Corp ( FMER ) Robert W. Briggs bought 3,300 shares on 09/17/2012 at an average price of $15.3.

FirstMerit Corporation is a financial services company. FirstMerit Corp has a market cap of $1.68 billion; its shares were traded at around $15.3 with a P/E ratio of 13.54 and P/S ratio of 2.2. The dividend yield of FirstMerit Corp stocks is 4.18%.

On July 24, 2012 FirstMerit Corporation reported second quarter 2012 net income of $30.6 million, or $0.28 per diluted share. This compares with $30.3 million, or $0.28 per diluted share, for the first quarter 2012 and $29.8 million, or $0.27 per diluted share, for the second quarter 2011. Net interest margin was 3.77% for the second quarter of 2012 compared with 3.78% for the first quarter of 2012 and 3.77% for the second quarter of 2011.

Executive Vice President N. James Brocklehurst sold 3,281 shares of FMER stock on 06/04/2012 at the average price of $14.82. N. James Brocklehurst owns at least 37,450 shares after this. The price of the stock has increased by 3.24% since.

NII Holdings Inc. ( NIHD ): Executive Vice President Human Resources Alfonso Martinez Bought 1,250 Shares

Executive Vice President Human Resources of NII Holdings Inc. ( NIHD ) Alfonso Martinez bought 1,250 shares on 09/21/2012 at an average price of $8.34.

NII Holdings, formerly known as Nextel International, is one of the world's providers of fully integrated wireless communication services designed to meet the needs of business customers in selected international markets. NII Holdings Inc. has a market cap of $1.43 billion; its shares were traded at around $8.34 with and P/S ratio of 0.21. NII Holdings Inc. had an annual average earnings growth of 22.2% over the past 10 years.

On Aug. 7, 2012 NII Holdings Inc. announced its consolidated financial results for the second quarter of 2012. During the quarter, the company added 235,000 net subscribers to its network, bringing its ending subscriber base to more than 11.2 million, a 14 percent increase compared to the subscriber base as of June 30, 2011.

Director Donald Guthrie bought 5,000 shares of NIHD stock on 05/09/2012 at the average price of $12.63. Donald Guthrie owns at least 30,800 shares after this. The price of the stock has decreased by 33.97% since.

For the complete list of stocks that were bought by their company executives, go to: http://www.gurufocus.com/InsiderBuy.php]Insider Buys.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: AGCO , CHK , FMER , LKQ , NIHD

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