Weekly Top Insider Buys: GE, KMI, BLK

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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:



General Electric Co ( GE ): Director John Joseph Brennan Bought 5,000 Shares

Director of General Electric Co ( GE ) John Joseph Brennan bought 5,000 shares on 10/26/2012 at an average price of $0.175. General Electric Company operates as a technology and financial services company. General Electric Co has a market cap of $222.95 billion; its shares were traded at around $21.31 with a P/E ratio of 14.4 and P/S ratio of 1.5. The dividend yield of General Electric Co stocks is 3.2%. General Electric Co had an annual average earnings growth of 10.3% over the past 10 years.

GE announced third-quarter 2012 operating earnings of $3.8 billion, or $0.36 per share, up 10% and 50% respectively from the third quarter of 2011.

Director John Joseph Brennan and Vice Chairman John Krenicki sold shares of GE stock.

Kinder Morgan Inc. ( KMI ): Director Fayez Sarofim Bought 600,000 Shares

Director of Kinder Morgan Inc. ( KMI ) Fayez Sarofim bought 600,000 shares on 10/26/2012 at an average price of $34.11. Kinder Morgan Inc. is engaged in energy transportation and storage in North America. Kinder Morgan Inc. has a market cap of $39.32 billion; its shares were traded at around $34.11 with a P/E ratio of 36.5 and P/S ratio of 4.8. The dividend yield of Kinder Morgan Inc. stocks is 4%.

Kinder Morgan Inc. reported third quarter cash available to pay dividends of $362 million, up 93 percent from $188 million for the comparable 2011 period.

Director Fayez Sarofim , Director Michael Jaye Miller and GSCP KMI Investors LP sold shares of KMI stock.

BlackRock Inc. ( BLK ): Director James Grosfeld Bought 84,300 Shares

Director of BlackRock Inc. ( BLK ) James Grosfeld bought 84,300 shares during the past week at an average price of $189.52. BlackRock Inc. is one of the largest investment management firms in the United States. BlackRock Inc. has a market cap of $31.26 billion; its shares were traded at around $189.52 with a P/E ratio of 14.6 and P/S ratio of 3.4. The dividend yield of BlackRock Inc. stocks is 3.2%. BlackRock Inc. had an annual average earnings growth of 26.1% over the past 10 years. GuruFocus rated BlackRock Inc. the business predictability rank of 4-star.

BlackRock Inc. reported third quarter 2012 diluted EPS of $3.65, up 19% from second quarter 2012 and 13% from third quarter 2011. Revenue grew 4% from third quarter 2011 reflecting positive market factors, positive net new business, and strength in performance fees and BlackRock Solutions. Operating income of $875 million and operating margin of 37.7% for third quarter 2012 included $25 million of launch costs for the Municipal Target Term Trust.

Director James Grosfeld bought shares of BLK stock.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: BLK , GE , KMI

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As of 4/17/2014, 02:44 PM