GuruFocus Insider Data
, these are the largest insider buys during the past week: EMC
) and Special Opportunities Fund Inc. (
The overall trend of insiders is illustrated in the chart below:
EMC Corporation (
): Director Barry T. Davies Bought 1,000,000 Shares
Director of EMC Corporation, Barry T. Davies, bought 1,000,000
shares on 12/28/2012 at an average price of $24.83. EMC
Corporation was incorporated in Massachusetts in 1979. EMC
Corporation has a market cap of $52.31 billion; its shares were
traded at around $24.83 with a P/E ratio of 18.2 and P/S ratio of
2.6. EMC Corporation had an annual average earnings growth of 19%
over the past 5 years.
On Oct. 24, EMC Corporation reported financial results for the
third quarter of 2012, highlighted by record third-quarter
consolidated revenue, net income and EPS. Third-quarter
consolidated revenue was $5.28 billion, an increase of 6%
compared with the year-ago quarter. Third-quarter GAAP net income
attributable to EMC increased 3% year over year to $626 million.
Third-quarter GAAP earnings per weighted average diluted share
increased 4% year over year to $0.28. Non-GAAP
net income attributable to EMC for the third quarter was $881
million, an increase of 7% compared with the year-ago quarter.
Third-quarter non-GAAP earnings per weighted average diluted
share were $0.40, an increase of 8% year over year.
This month, Director
Barry T. Davies
bought 1,000,000 shares of EMC stock. Director
David N. Strohm
, President and COO
David I. Goulden
, Executive Vice President and General Counsel Paul T. Dacier and
Director John R Egan sold shares this month. Chairman and CEO
Joseph M. Tucci sold 450,000 shares in August.
Special Opportunities Fund Inc. (
): Vice President and Treasurer Rajeev P. Das Bought 2,500
Vice President and Treasurer of Special Opportunities Fund Inc.,
Rajeev P. Das, bought 2,500 shares on 12/26/2012 at an average
price of $0. Special Opportunities Fund Inc. 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
$107.1 million; its shares were traded at around $14.95. The
dividend yield of Special Opportunities Fund Inc. stocks is 3.5%.
Last week, Vice President and Treasurer Rajeev P. Das bought
2,500 shares of SPE stock. Director James M. Chadwick bought 750
in October. Investment Advisor Principal Steven Samuels bought
1,000 shares in September and Chairman and Secretary Phillip
Goldstein bought 2,896 shares in August.About GuruFocus:
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