Weekly Top Insider Buys: NPBC, FUL, GAM, SHLM, SPPI

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Jan 24, 2011
Weekly highlight of top insider buys: National Penn Bancshares Inc. (NPBC, Financial), H.B. Fuller Co. (FUL, Financial), General American Investors (GAM, Financial), A. Schulman Inc. (SHLM, Financial), and Spectrum Pharmaceuticals Inc. (SPPI, Financial).



National Penn Bancshares Inc. (NPBC): Director Christian F Iv Martin Bought 1,145 Shares

Director of National Penn Bancshares Inc. (NPBC) Christian F Iv Martin bought 1,145 shares on 01/14/2011 at an average price of $8.69.

National Penn Bancshares Inc. is a bank holding company engaged in general banking business. National Penn Bancshares Inc. has a market cap of $1.17 billion; its shares were traded at around $8.69 with a P/E ratio of 106.7 and P/S ratio of 2.7. The dividend yield of National Penn Bancshares Inc. stocks is 0.5%.



For the three months ended September 30, 2010, National Penn Bancshares Inc. recorded net income available to common shareholders of $10.3 million, or $0.08 per diluted share. This represents an increase of $75.5 million from the net loss available to common shareholders of $65.2 million or $0.65 per common share for the three months ended September 30, 2009.



National Penn Bancshares Inc. is in the portfolios of Richard Pzena.

This month, Buy: Director Christian F Iv Martin bought 1,145 shares of NPBC stock. In December, Buy: Director Albert H Kramer and Buy: Director Wayne R Weidner bought shares. Buy: President & CEO Scott V Fainor bought shares in November.

H.B. Fuller Co (FUL): Senior VP and CFO James R Giertz Bought 5,000 Shares

Senior VP and CFO of H.B. Fuller Co, James R Giertz, bought 5,000 shares on 1/14/2011 at an average price of $22.51.

H.B. Fuller Company is a worldwide manufacturer and marketer of adhesives, sealants, coatings, paints and other specialty chemical products. H.B. Fuller Co has a market cap of $1.1 billion; its shares were traded at around $22.51 with a P/E ratio of 13.5 and P/S ratio of 0.9. The dividend yield of H.B. Fuller Co stocks is 1.2%. H.B. Fuller Co had an annual average earning growth of 6.5% over the past 10 years.

On January 11, H.B. Fuller Corp. announced net income for the fourth quarter of 2010 of $21.9 million, or $0.44 per diluted share, versus $24.6 million, or $0.50 per diluted share, in last year's fourth quarter. Net revenue for the fourth quarter of 2010 was $360.2 million, up 5.5 percent versus the fourth quarter of 2009. Higher average selling prices, higher volume, and acquisitions positively impacted net revenue growth by 4.8, 0.8, and 1.5 percentage points, respectively.

H.B. Fuller Co. is in the portfolios of Mario Gabelli and Kenneth Fisher.

This month, Buy: Senior VP and CFO James R Giertz bought 5,000 shares of FUL stock.

General American Investors (GAM): Director Daniel Neidich Bought 6,000 Shares

Director of General American Investors, Daniel Neidich, bought 6,000 shares during the past week at an average price of $26.8.

General American Investors is a closed-end, diversified management investment company whose investment objective is long-term capital appreciation through investment in companies with above average growth potential. General American Investors has a market cap of $807.9 million; its shares were traded at around $26.8 . The dividend yield of General American Investors stocks is 1.2%.

Last week, Buy: Director Daniel Neidich bought 3,000 shares of GAM stock.



A. Schulman Inc (SHLM): Director James A Mitarotonda Bought 15,716 Shares

Director of A. Schulman Inc, James A Mitarotonda, bought 15,716 shares on 1/18/2011 at an average price of $21.35.

A. Schulman Inc. operates in one industry segment which is the sale of plastic resins to customers who use the products as raw materials in their manufacturing operations. A. Schulman Inc has a market cap of $658.1 million; its shares were traded at around $21.35 with a P/E ratio of 15.9 and P/S ratio of 0.4. The dividend yield of A. Schulman Inc stocks is 3.1%.

On January 5, A. Schulman Inc. announced results for the quarter ended ended November 30, 2010. The Company reported net income of $9.2 million, or $0.29 per diluted share, compared with $17.0 million, or $0.65 per dilutedshare, last year. Net sales for the fiscal 2011 first quarter were $495.4 million, an increase of 37% compared with $362.9 million for the same period last year.

A. Schulman Inc is in the portfolios of Mario Gabelli, Arnold Shneider, and Jean-Marie Eveillard.

This month, Buy: Director James A Mitarotonda, Buy: V.P. - Global Human Resources Kim L Whiteman, and Buy: V.P. & Chief Marketing Officer Paul R. Boulier bought shares of SHLM stock. Buy: VP - Global Supply Chain & CPO Gary A Miller bought 2,500 shares in November.

Spectrum Pharmaceuticals Inc. (SPPI): Acting CFO Brett L Scott Bought 4,000 Shares

Acting CFO of Spectrum Pharmaceuticals Inc., Brett L Scott, bought 4,000 shares on 1/20/2011 at an average price of $6.36.

Spectrum Pharmaceuticals Inc. is opportunistically acquiring and advancing a diversified portfolio of oncology drug candidates that meet critical health challenges for which there are few other treatment options. Spectrum Pharmaceuticals Inc. has a market cap of $332.4 million; its shares were traded at around $6.36 with and P/S ratio of 8.7.

On November 4, Spectrum Pharmaceuticals Inc. reported results for the third quarter of 2010. Consolidated revenue of $16.7 million was comprised of product sales of $13.7 million. This compares to $7.1 million in consolidated revenue in the third quarter of 2009. The Company recorded a net loss of $4.6 million, or ($0.09) per basic and diluted share, compared to net income of $474 thousand, or $0.01 per basic and ($0.07) per diluted share, in the third quarter of 2009.

This month, Buy: Acting CFO Brett L Scott bought 4,000 shares of SPPI stock. Buy: CSO AND HEAD OF R&D OPERATIONS George F Tidmarsh bought 5,000 shares in August.