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Weekly CEO Sells Highlight: AGN, AOC, AXP, MSFT

November 06, 2010 | About:
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Allergan Inc. (AGN) Aon Corp. (AOC) American Express Company (AXP) Microsoft Corp. (MSFT)

Microsoft Corp. (MSFT): CEO Steven A Ballmer sold 49,341,652 Shares

CEO of Microsoft Corp. (MSFT) Steven A Ballmer sold 49,341,652 shares on 11/05/2010 at an average price of $27.06. Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft Corp. has a market cap of $234.08 billion; its shares were traded at around $26.85 with a P/E ratio of 12.9 and P/S ratio of 3.8. The dividend yield of Microsoft Corp. stocks is 2%. Microsoft Corp. had an annual average earning growth of 12.6% over the past 10 years. GuruFocus rated Microsoft Corp. the business predictability rank of 3-star.

Microsoft Corp. announced its first quarter results. The Company announced revenues of $16.20 billion.

CEO Steven A Ballmer sold 49,341,652 shares of MSFT stock on 11/05/2010 at the average price of 27.06. Chief Accounting Officer Frank H Brod, Senior Vice President Lisa E Brummel, COO Brian Kevin Turner sold 93,956 shares of MSFT stock in November. Director William H Gates Iii sold 3,000,000 shares of MSFT stock in November.

American Express Company (AXP): CEO Kenneth I Chenault sold 1,417,857 Shares

CEO of American Express Company (AXP) Kenneth I Chenault sold 1,417,857 shares on 11/03/2010 at an average price of $41.88. American Express Company is primarily engaged in the business of providing travel related services, financial advisory services and international banking services throughout the world. American Express Company has a market cap of $52.66 billion; its shares were traded at around $44.07 with a P/E ratio of 14.3 and P/S ratio of 2. The dividend yield of American Express Company stocks is 1.7%.

American Express Company reported its 2010 third quarter results. The Company reported revenues of $7.0 billion.

CEO Kenneth I Chenault sold 1,417,857 shares of AXP stock on 11/03/2010 at the average price of 41.88. Director Theodore Leonsis bought 20,000 shares of AXP stock on 10/25/2010 at the average price of 39.38. Executive Vice President William H Glenn, EVP-Corp. Affairs Thomas A Schick, Vice Chairman Edward P Gilligan sold 421,377 shares of AXP stock in July.

Aon Corp. (AOC): CEO/Chair - Aon Hewitt Russell P Fradin sold 788,689 Shares

CEO/Chair - Aon Hewitt of Aon Corp. (AOC) Russell P Fradin sold 788,689 shares on 11/02/2010 at an average price of $39.84. Aon Corporation is a holding company whose operating subsidiaries carry onbusiness in three distinct segments: insurance brokerage and other services; consulting; and insurance underwriting. with a P/E ratio of 8.2. The dividend yield of Aon Corp. stocks is 1.3%.

Aon Corp. announced their third quarter results. The Company announced revenues of $1.8 billion.

CEO/Chair - Aon Hewitt Russell P Fradin sold 788,689 shares of AOC stock on 11/02/2010 at the average price of 39.84.

Allergan Inc. (AGN): Chairman and CEO David E I Pyott sold 667,229 Shares

Chairman and CEO of Allergan Inc. (AGN) David E I Pyott sold 667,229 shares on 11/05/2010 at an average price of $73.01. Allergan, Inc. is a provider of eye care and specialty pharmaceutical products throughout the world with products in the eye care pharmaceutical, ophthalmic surgical device, over-the-counter contact lens care, movement disorder, and dermatological markets. Allergan Inc. has a market cap of $21.8 billion; its shares were traded at around $70.87 with a P/E ratio of 23.9 and P/S ratio of 4.7. The dividend yield of Allergan Inc. stocks is 0.3%. Allergan Inc. had an annual average earning growth of 18.5% over the past 5 years.

Allergan Inc. announced its 2010 third quarter results. The Company reported net sales of $1.2 million.

Chairman and CEO David E I Pyott sold 667,229 shares of AGN stock on 11/05/2010 at the average price of 73.01. EVP, Fin & Bus. Dev., CFO Jeffrey L Edwards sold 43,596 shares of AGN stock on 07/15/2010 at the average price of 64.68. President F Michael Ball sold 304,200 shares of AGN stock on 11/03/2010 at the average price of 73. Director Gavin S Herbert sold 30,000 shares of AGN stock in October and November. SR. VP, Corp. Controller (PAO) James F Barlow sold 37,825 shares of AGN stock in May and September.

For the complete list of stocks that bought by their CEOs, go to: Insider Buys.

About the author:

guruat
StreetAuthority, LLC is a research-intensive financial publishing firm that aims to level the playing field for small investors by giving them access to the ideas and insights of some of the country's top investment researchers, analysts and writers. Although we specialize in income and international investment research, we publish a wide variety of newsletters that are geared towards helping EVERY kind of investor profit from today's volatile marketplace. Visit StreetAuthority.

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Comments

jonmonsea
Jonmonsea premium member - 3 years ago
Why did Balmer sell so much MSFT? Should investors be nervous?

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