Weekly highlight of top insider buys: Medtronic Inc. (MDT, Financial), Commercial Metals Company (CMC, Financial), Community Bank System Inc. (CBU, Financial), and Royce Value Trust Inc. (RVT, Financial).
Director of Medtronic Inc., Jack W Schuler, bought 30,000 shares on 6/25/10 at an average price of $36.03.
Medtronic is the world's medical technology company, pioneering device-based therapies that restore health, extend life and alleviate pain. Medtronic Inc. has a market cap of $39.69 billion; its shares were traded at around $36.03 with a P/E ratio of 11.2 and P/S ratio of 2.6. The dividend yield of Medtronic Inc. stocks is 2.2%. Medtronic Inc. had an annual average earning growth of 11.9% over the past 10 years. GuruFocus rated Medtronic Inc. the business predictability rank of 4-star.
On May 25, Medtronic, Inc. announced financial results for its fourth quarter and fiscal year ended April 30, 2010. Medtronic recorded fiscal year 2010 revenue of $15.817 billion, an 8 percent increase over fiscal year 2009 revenue on both an as reported and constant currency basis. As reported, fiscal year 2010 net earnings were $3.099 billion, or $2.79 per diluted share, an increase of 50 percent and 52 percent, respectively. As detailed in the attached table, non-GAAP net earnings and diluted earnings per share for fiscal year 2010 were $3.577 billion and $3.22, an increase of 9 percent and 10 percent, respectively.
Medtronic Inc. is in the portfolios of eight Gurus: James Barrow, Richard Snow, George Soros, Dodge & Cox, Edward Owens, PRIMECAP Management, Kenneth Fisher, and Bill Nygren.
Last month, Buy: Director Jack W Schuler bought 30,000 shares of MDT stock. Sell: SVP & Pres Spinal & Biologics Stephen Laneve sold 1,454 shares in April; Sell: SVP & Pres CRDM James P Mackin sold 8,693 shares in January.
Commercial Metals Company (CMC): Director Rhys J Best Bought 5,000 Shares
Director of Commercial Metals Company, Rhys J Best, bought 5,000 shares on 6/30/10 at an average price of $12.62.
Commercial Metals Company has three segments - manufacturing, recycling, and marketing and trading. Commercial Metals Company has a market cap of $1.44 billion; its shares were traded at around $12.62 with and P/S ratio of 0.2. The dividend yield of Commercial Metals Company stocks is 3.8%. Commercial Metals Company had an annual average earning growth of 16.8% over the past 10 years.
On June 22, Commercial Metals Company reported a net loss of $8.8 million or $0.08 per diluted share on net sales of $1.8 billion for the quarter ended May 31, 2010. This compares with a net loss of $13.1 million or $0.12 per diluted share on net sales of $1.3 billion for the third quarter last year. This year's third quarter included after-tax LIFO expense of $22 million or $0.20 per diluted share compared with income of $29 million or $0.26 per diluted share in last year's third quarter.
Commercial Metals Company is in the portfolio of Kenneth Fisher.
Last week, Buy: Director Rhys J Best bought 5,000 shares of CMC stock. Buy: Chairman; President & CEO Murray R Mcclean bought 2,000 shares in May, and Buy: Director Richard B Kelson bought 1,000 shares in February. In April, Sell: Director Anthony A Massaro sold 26,996 shares. Sell: Director Dorothy G Owen sold 20,000 shares in March, and Sell: EVP & Pres. CMC Int'l Zoellner Hanns sold 4,000 shares in January.
Community Bank System Inc. (CBU): Director Edward S. Mucenski Bought 1,500 Shares
Director of Community Bank System Inc., Edward S. Mucenski, bought 1,500 shares on 6/30/10 at an average price of $22.3.
Community Bank System, Inc. is a bank holding company. Community Bank System Inc. has a market cap of $738.8 million; its shares were traded at around $22.3 with a P/E ratio of 15.3 and P/S ratio of 2.2. The dividend yield of Community Bank System Inc. stocks is 4.3%.
On April 26, Community Bank System Inc. reported quarterly net income of $14.0 million, or $0.42 per share, in the first quarter of 2010, an increase of 33.8% compared to the $10.5 million, or $0.32 per share reported for the first quarter of 2009. Total revenue for the first quarter of 2010 was $65.0 million, an increase of $4.5 million, or 7.4%, over the first quarter of last year, including a $3.1 million increase in net interest income, driven by a 3.3% increase in average earning assets and an eleven basis points improvement in net interest margin to 3.93%.
Last month, Buy: Director Edward S. Mucenski,
Buy: Director Nicholas A Dicerbo and Buy: Director Sally A Steele bought shares of CBU. In May, Buy: Director Nicholas A Dicerbo bought 550 shares of CBU stock on 05/25/2010 at the average price of 22.1. Nicholas A Dicerbo and Buy: CFO Scott Allen Kingsley bought shares.
Royce Value Trust Inc. (RVT): President - Investment Advisre Charles M Royce Bought 20,000 Shares
President - Investment Advisre of Royce Value Trust Inc., Charles M Royce, bought 20,000 shares on 6/29/10 at an average price of $10.31.
Royce Value Trust Inc. is a closed-end diversified investment company whose investment objective is long-term growth through investment in the securities of small and medium-sized companies. Royce Value Trust Inc. has a market cap of $680.7 million; its shares were traded at around $10.31 .
On May 27, Royce Value Trust Inc. released results for the first quarter of 2009.
Last month, Buy: President - Investment Advisre Charles M Royce bought 20,000 shares of RVT stock.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
Director of Medtronic Inc., Jack W Schuler, bought 30,000 shares on 6/25/10 at an average price of $36.03.
Medtronic is the world's medical technology company, pioneering device-based therapies that restore health, extend life and alleviate pain. Medtronic Inc. has a market cap of $39.69 billion; its shares were traded at around $36.03 with a P/E ratio of 11.2 and P/S ratio of 2.6. The dividend yield of Medtronic Inc. stocks is 2.2%. Medtronic Inc. had an annual average earning growth of 11.9% over the past 10 years. GuruFocus rated Medtronic Inc. the business predictability rank of 4-star.
On May 25, Medtronic, Inc. announced financial results for its fourth quarter and fiscal year ended April 30, 2010. Medtronic recorded fiscal year 2010 revenue of $15.817 billion, an 8 percent increase over fiscal year 2009 revenue on both an as reported and constant currency basis. As reported, fiscal year 2010 net earnings were $3.099 billion, or $2.79 per diluted share, an increase of 50 percent and 52 percent, respectively. As detailed in the attached table, non-GAAP net earnings and diluted earnings per share for fiscal year 2010 were $3.577 billion and $3.22, an increase of 9 percent and 10 percent, respectively.
Medtronic Inc. is in the portfolios of eight Gurus: James Barrow, Richard Snow, George Soros, Dodge & Cox, Edward Owens, PRIMECAP Management, Kenneth Fisher, and Bill Nygren.
Last month, Buy: Director Jack W Schuler bought 30,000 shares of MDT stock. Sell: SVP & Pres Spinal & Biologics Stephen Laneve sold 1,454 shares in April; Sell: SVP & Pres CRDM James P Mackin sold 8,693 shares in January.
Commercial Metals Company (CMC): Director Rhys J Best Bought 5,000 Shares
Director of Commercial Metals Company, Rhys J Best, bought 5,000 shares on 6/30/10 at an average price of $12.62.
Commercial Metals Company has three segments - manufacturing, recycling, and marketing and trading. Commercial Metals Company has a market cap of $1.44 billion; its shares were traded at around $12.62 with and P/S ratio of 0.2. The dividend yield of Commercial Metals Company stocks is 3.8%. Commercial Metals Company had an annual average earning growth of 16.8% over the past 10 years.
On June 22, Commercial Metals Company reported a net loss of $8.8 million or $0.08 per diluted share on net sales of $1.8 billion for the quarter ended May 31, 2010. This compares with a net loss of $13.1 million or $0.12 per diluted share on net sales of $1.3 billion for the third quarter last year. This year's third quarter included after-tax LIFO expense of $22 million or $0.20 per diluted share compared with income of $29 million or $0.26 per diluted share in last year's third quarter.
Commercial Metals Company is in the portfolio of Kenneth Fisher.
Last week, Buy: Director Rhys J Best bought 5,000 shares of CMC stock. Buy: Chairman; President & CEO Murray R Mcclean bought 2,000 shares in May, and Buy: Director Richard B Kelson bought 1,000 shares in February. In April, Sell: Director Anthony A Massaro sold 26,996 shares. Sell: Director Dorothy G Owen sold 20,000 shares in March, and Sell: EVP & Pres. CMC Int'l Zoellner Hanns sold 4,000 shares in January.
Community Bank System Inc. (CBU): Director Edward S. Mucenski Bought 1,500 Shares
Director of Community Bank System Inc., Edward S. Mucenski, bought 1,500 shares on 6/30/10 at an average price of $22.3.
Community Bank System, Inc. is a bank holding company. Community Bank System Inc. has a market cap of $738.8 million; its shares were traded at around $22.3 with a P/E ratio of 15.3 and P/S ratio of 2.2. The dividend yield of Community Bank System Inc. stocks is 4.3%.
On April 26, Community Bank System Inc. reported quarterly net income of $14.0 million, or $0.42 per share, in the first quarter of 2010, an increase of 33.8% compared to the $10.5 million, or $0.32 per share reported for the first quarter of 2009. Total revenue for the first quarter of 2010 was $65.0 million, an increase of $4.5 million, or 7.4%, over the first quarter of last year, including a $3.1 million increase in net interest income, driven by a 3.3% increase in average earning assets and an eleven basis points improvement in net interest margin to 3.93%.
Last month, Buy: Director Edward S. Mucenski,
Buy: Director Nicholas A Dicerbo and Buy: Director Sally A Steele bought shares of CBU. In May, Buy: Director Nicholas A Dicerbo bought 550 shares of CBU stock on 05/25/2010 at the average price of 22.1. Nicholas A Dicerbo and Buy: CFO Scott Allen Kingsley bought shares.
Royce Value Trust Inc. (RVT): President - Investment Advisre Charles M Royce Bought 20,000 Shares
President - Investment Advisre of Royce Value Trust Inc., Charles M Royce, bought 20,000 shares on 6/29/10 at an average price of $10.31.
Royce Value Trust Inc. is a closed-end diversified investment company whose investment objective is long-term growth through investment in the securities of small and medium-sized companies. Royce Value Trust Inc. has a market cap of $680.7 million; its shares were traded at around $10.31 .
On May 27, Royce Value Trust Inc. released results for the first quarter of 2009.
Last month, Buy: President - Investment Advisre Charles M Royce bought 20,000 shares of RVT stock.
For the complete list of stocks that bought by their company executives, go to: Insider Buys.
