Weekly Top Insider Buys: JPM, BAC

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According to GuruFocus Insider Data , these are the largest insider buys during the past week: JPMorgan Chase & Co. ( JPM ) and Bank of America Corporation ( BAC ).

The overall trend of insiders is illustrated in the chart below:


JPMorgan Chase & Co ( JPM ): Director Timothy Patrick Flynn Bought 6,750 Shares

Director of JPMorgan Chase & Co, Timothy Patrick Flynn, bought 6,750 shares on 1/29/2013 at an average price of $47.85. JPMorgan Chase & Co is a global financial services firm and banking institutions in the United States of America with operations worldwide. JPMorgan Chase & Co has a market cap of $181.9 billion; its shares were traded at around $47.85 with a P/E ratio of 10.1626 and P/S ratio of 1.9272. The dividend yield of JPMorgan Chase & Co stocks is 2.51%. JPMorgan Chase & Co had an annual average earnings growth of 5.9% over the past 10 years. GuruFocus rated JPMorgan Chase & Co the business predictability rank of 2-star .

On Jan.16, JPMorgan Chase & Co. reported net income for the fourth-quarter of 2012 of $5.7 billion, compared with net income of $3.7 billion in the fourth quarter of 2011. Earnings per share were $1.39, compared with $0.90 in the fourth quarter of 2011. Revenue for the quarter was $24.4 billion, up 10% compared with the prior year. Net income for full-year 2012 was a record $21.3 billion, compared with $19.0 billion for the prior year. Earnings per share were a record $5.20 for 2012, compared with $4.48 for 2011. Revenue for 2012 was $99.9 billion, flat compared with 2011.

Last week, Director Timothy Patrick Flynn bought 6,750 shares of JPM stock. Corporate Controller Mark O'donovan and Managing Director Mary E. Erdoes sold shares last week; Executive Vice President Gordon Smith and Co-COO Matthew E. Zames sold shares last month.

Bank of America Corporation ( BAC ): Director R. David Yost Bought 20,000 Shares

Director of Bank of America Corporation, R. David Yost, bought 20,000 shares on 1/24/2013 at an average price of $14. Bank of America Corporation, through its banking and various non-banking subsidiaries throughout the United States and in selected international markets provides a diversified range of banking and non-banking financial services and products through six business segments: Deposits, Card Services, Consumer Real Estate Services, Global Commercial Banking, Global Banking & Markets, Global Wealth & Investment Management. Bank of America Corporation has a market cap of $126.21 billion; its shares were traded at around $11.71 with a P/E ratio of 31.8471 and P/S ratio of 1.4124. The dividend yield of Bank of America Corporation stocks is 0.34%.

Last week, Director R. David Yost bought 20,000 shares of BAC stock.

For the complete list of stocks that were bought by their company executives, go to: 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: BAC , JPM

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As of 11/21/2014, 04:15 PM

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