Weekly Top Insider Sells: Netapp Inc., Oracle Corp., Target Corp., Apollo Group Inc.

Weekly Top Insider Sells: NTAP, ORCL, TGT, APOL

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Jul 25, 2010
According to GuruFocus Insider Data, these are the largest insider sells during the past week.


NETAPP INC (NTAP, Financial): Executive Chairman Daniel J Warmenhoven sold 300,000 Shares


Executive Chairman of NETAPP INC (NTAP) Daniel J Warmenhoven sold 300,000 shares during the past week at an average price of $43.11.


NetApp Inc., formerly Network Appliance, Inc., is a provider of innovative data management solutions that simplify the complexity of storing, managing, protecting, and retaining enterprise data. Netapp Inc Common Stock has a market cap of $15.2 billion; its shares were traded at around $43.11 with a P/E ratio of 41.1 and P/S ratio of 3.9. Netapp Inc Common Stock had an annual average earning growth of 12.5% over the past 10 years.


On May 26, 2010 NetApp reported results for the fourth fiscal quarter and fiscal year 2010, which ended April 30, 2010. Revenues for the fourth fiscal quarter of 2010 totaled $1.17 billion compared to revenues of $880 million for the same period one year ago. For the fourth fiscal quarter, GAAP net income was $145 million, or $.40 per sharecompared to GAAP net income of $68 million, or $0.21 per share for the same period in the prior year.


NETAPP INC COMMON STOCK is owned by 2 Gurus. Richard Aster Jr and John Hussman own positions in this stock.


Sell: Director Robert T Wall sold 12,500 shares of NTAP stock on 07/02/2010 at the average price of 37.16. Robert T Wall owns at least 207,571 shares after this. The price of the stock has increased by 16.01% since.


Sell: Executive Chairman Daniel J Warmenhoven sold 50,000 shares of NTAP stock on 06/17/2010 at the average price of 41.5. Daniel J Warmenhoven owns at least 2,675,734 shares after this. The price of the stock has increased by 3.88% since.


Oracle Corp. (ORCL, Financial): Executive Vice President Juergen Rottler sold 250,000 Shares


Executive Vice President of Oracle Corp. (ORCL) Juergen Rottler sold 250,000 shares on 07/19/2010 at an average price of $24.5.


Oracle Corporation is one of the world's suppliers of software for information management. Oracle Corp. has a market cap of $122.86 billion; its shares were traded at around $24.5 with a P/E ratio of 15.4 and P/S ratio of 4.5. The dividend yield of Oracle Corp. stocks is 0.8%. Oracle Corp. had an annual average earning growth of 15.6% over the past 10 years. GuruFocus rated Oracle Corp. the business predictability rank of 2.5-star.


On June 24, 2010 Oracle Corporation announced fiscal 2010 Q4 results. GAAP total revenues were up 39% to $9.5 billion, while non- GAAP total revenues were up 40% to $9.6 billion. GAAP net income was up 25% to $2.4 billion, while non- GAAP net income was up 31% to $3.0 billion. GAAP earnings per share were $0.46, up 24% compared to last year while non-GAAP earnings per share were up 30% to $0.60.


Oracle Corp. is owned by many Gurus. Andreas Halvorsen, John Hussman, Bill Nygren, Ronald Muhlenkamp, and PRIMECAP Management own places in this stock.


Buy: EVP - Latin America Div. Luiz Meisler bought 3,500 shares of ORCL stock on 07/08/2010 at the average price of 23.14. Luiz Meisler owns at least 6,854 shares after this. The price of the stock has increased by 5.88% since.


Target Corp. (TGT, Financial): Executive Officer Michael Francis sold 115,524 Shares


Executive Officer of Target Corp. (TGT) Michael Francis sold 115,524 shares on 07/16/2010 at an average price of $51.89.


Target Corporation operates large-format general merchandise and food discount stores in the United States, which include Target and SuperTarget stores. Target Corp. has a market cap of $38.22 billion; its shares were traded at around $51.89 with a P/E ratio of 14.8 and P/S ratio of 0.6. The dividend yield of Target Corp. stocks is 1.4%. Target Corp. had an annual average earning growth of 9.8% over the past 10 years. GuruFocus rated Target Corp. the business predictability rank of 4.5-star.


On May 19, 2010 Target Corporation reported net earnings of $671 million for the quarter ended May 1, 2010, compared with $522 million in the quarter ended May 2, 2009. Earnings per share in the first quarter increased 30 percent to 90 cents from 69 cents in the same period a year ago. This was the highest EPS from continuing operations in Target's history, excluding holiday-driven fourth quarter results.


Target Corp. is owned by 9 Gurus. Ruane Cunniff, Kenneth Fisher, and Bill Ackman own position in this stock.


Sell: Executive Officer Beth M Jacob sold 6,023 shares of TGT stock on 04/09/2010 at the average price of 55.49. Beth M Jacob owns at least 27,141 shares after this. The price of the stock has decreased by 6.49% since.


Apollo Group Inc. (APOL, Financial): Vice Chrmn of the Board Peter V Sperling sold 100,000 Shares


Vice Chrmn of the Board of Apollo Group Inc. (APOL) Peter V Sperling sold 100,000 shares on 07/20/2010 at an average price of $49.27.


Apollo Group, Inc. has been providing higher education to working adults for over 25 years. Apollo Group Inc. has a market cap of $7.45 billion; its shares were traded at around $49.27 with a P/E ratio of 9.6 and P/S ratio of 1.9. Apollo Group Inc. had an annual average earning growth of 26.4% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.


On Jun 30, 2010 company reported quarterly results: consolidated net revenue for the three months ended May 31, 2010, totaled $1,337.4 million, which represents a 27.7% increase over the third quarter of fiscal 2009. The Company reported income from continuing operations attributable to Apollo Group for the three months ended May 31, 2010, of $177.2 million, or $1.16 per share (152.3 million weighted average diluted shares outstanding), compared to income from continuing operations attributable to Apollo Group of $206.4 million, or $1.30 per share.


Apollo Group Inc. is owned by many Gurus. John Griffin, and Lee Ainslie own position in this stock.


Sell: Vice Chrmn of the Board Peter V Sperling sold 106,279 shares of APOL stock on 04/29/2010 at the average price of 57.8. Peter V Sperling owns at least 7,164,020 shares after this. The price of the stock has decreased by 14.76% since.


For the complete list of stocks that bought/sold by their company executives, go to: Insider Buys.