Weekly Top Insider Sells: GOOG, QCOM, HPQ, F, XRX

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Jan 09, 2011
According to GuruFocus Insider Data, these are the largest insider sells during the past week.


Google Inc. (GOOG, Financial): Director L John Doerr sold 27,640 Shares


Director of Google Inc. (GOOG) L John Doerr sold 27,640 shares on 01/03/2011 at an average price of $616.44.


Google is a public and profitable company focused on search services. Google Inc. has a market cap of $197.12 billion; its shares were traded at around $616.44 with a P/E ratio of 25.1 and P/S ratio of 8.4. Google Inc. had an annual average earning growth of 65.7% over the past 10 years.


On October 14, 2010 Google Inc. announced financial results for the quarter ended September 30, 2010. Google reported revenues of $7.29 billion for the quarter ended September 30, 2010, an increase of 23% compared to the third quarter of 2009. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the third quarter of 2010, TAC totaled $1.81 billion, or 26% of advertising revenues.


Google Inc. is owned by several Gurus. Lee Ainslie, Ruane Cunniff, Goldfarb Inc., Chris Davis, and Chris Davis own positions in this stock.


Sell: SVP & CFO Patrick Pichette sold 1,137 shares of GOOG stock on 12/08/2010 at the average price of 590.27. The price of the stock has increased by 4.43% since.


QUALCOMM Inc. (QCOM, Financial): EVP & CFO William E Keitel sold 296,000 Shares


EVP & CFO of QUALCOMM Inc. (QCOM) William E Keitel sold 296,000 shares on 01/05/2011 at an average price of $51.73.


QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. Qualcomm Inc. has a market cap of $83.68 billion; its shares were traded at around $51.73 with a P/E ratio of 25.1 and P/S ratio of 7.7. The dividend yield of Qualcomm Inc. stocks is 1.5%. Qualcomm Inc. had an annual average earning growth of 14.6% over the past 10 years. GuruFocus rated Qualcomm Inc. the business predictability rank of 3-star.


On November 3, 2010 Qualcomm Incorporated announced 4th quarter report.


Revenues: $2.95 billion, up 10 percent year-over-year (y-o-y) and 9 percent sequentially. Operating income: $837 million, up 40 percent y-o-y and 6 percent sequentially. Net income: $865 million, up 8 percent y-o-y and 13 percent sequentially. Diluted earnings per share: $0.53, up 10 percent y-o-y and 13 percent sequentially. Effective tax rate: 17 percent.


QUALCOMM Inc. is owned by several Gurus. PRIMECAP Management, Private Capital, and Steve Mandem own position in this stock.


Sell: Chairman & CEO Paul E Jacobs sold 54,000 shares of QCOM stock on 01/05/2011 at the average price of 51.97. Paul E Jacobs owns at least 1,478,542 shares after this. The price of the stock has decreased by 0.46% since.


HewlettPackard Company (HPQ, Financial): EVP, EB Ann M Livermore sold 211,200 Shares


EVP, EB of HewlettPackard Company (HPQ) Ann M Livermore sold 211,200 shares on 01/05/2011 at an average price of $45.09.


Hewlett Packard is one of the global providers of computing and imaging solutions and services for business and home. Hewlettpackard Company has a market cap of $102.25 billion; its shares were traded at around $45.09 with a P/E ratio of 9.8 and P/S ratio of 0.8. The dividend yield of Hewlettpackard Company stocks is 0.7%. Hewlettpackard Company had an annual average earning growth of 24.4% over the past 5 years.


On Nov 22, 2010 announced financial results for its fourth fiscal quarter ended October 31, 2010, with net revenue of $33.3 billion, up 8% from the prior-year period including a slight negative currency impact of about one percentage point. In the fourth quarter, GAAP diluted earnings per share (EPS) was $1.10, up 11% from $0.99 in the prior-year period. Non-GAAP diluted EPS was $1.33, up 17% from $1.14 in the prior-year period. Non-GAAP financial information excludes after-tax costs of approximately $0.23 per share and $0.15 per share in the fourth quarter of fiscal 2010 and 2009, respectively, related primarily to the amortization of purchased intangibles, restructuring charges and acquisition-related charges.


HewlettPackard Company is owned by many Gurus. Lee Ainslie, Richard Pzena, Donald Yacktman, HOTCHKIS & WILEY, and Dodge & Cox own position in this stock.


Sell: EVP HR Alonso Marcela Perez De sold 22,634 shares of HPQ stock on 11/24/2010 at the average price of 44. Alonso Marcela Perez De owns at least 51,623 shares after this. The price of the stock has increased by 2.48% since.


Ford Motor Company (F, Financial): Executive Vice President Mark Fields sold 439,681 Shares


Executive Vice President of Ford Motor Company (F) Mark Fields sold 439,681 shares on 01/05/2011 at an average price of $18.27.


Ford Motor Company produces cars and trucks. The company and its subsidiaries also engage in other businesses, including manufacturing automotive components and systems and financing and renting vehicles and equipment. Ford Motor Company has a market cap of $63.45 billion; its shares were traded at around $18.27 with a P/E ratio of 9.2 and P/S ratio of 0.5.


On October 26, 2010 Ford Motor Credit Company reported third quarter net income of $1.7 billion, or 43 cents per share, a $690 million improvement from third quarter 2009. Pre-tax operating profit totaled $2.1 billion, or 48 cents per share, a $1.1 billion improvement from third quarter 2009


Ford Motor Company is owned by several Gurus. Jean-Marie Eveillard, Mario Gabelli, Ronald Muhlenkamp, Ken Heebner, and Kenneth Fisher own position in this stock.


Sell: Group Vice President Derrick M Kuzak sold 203,162 shares of F stock on 12/03/2010 at the average price of 16.65. Derrick M Kuzak owns at least 124,728 shares after this. The price of the stock has increased by 9.73% since.


Xerox Corp. (XRX, Financial): Executive Vice President Lynn Blodgett sold 379,834 Shares


Executive Vice President of Xerox Corp. (XRX) Lynn Blodgett sold 379,834 shares on 01/03/2011 at an average price of $11.3. Xerox Corporation is The Document Company and a leader in the global document market, providing document solutions that enhance business productivity. Xerox Corp. has a market cap of $15.68 billion; its shares were traded at around $11.3 with a P/E ratio of 12.8 and P/S ratio of 1.1. The dividend yield of Xerox Corp. stocks is 1.5%. Xerox Corp. had an annual average earning growth of 0.5% over the past 10 years.


On Oct. 21, 2010, Xerox Corporation announced today third quarter financial results. Third-quarter revenue of $5.4 billion was up 48 percent including a 2 point negative impact from currency. On a pro-forma basis, with ACS in the company’s 2009 results, total revenue grew 2 percent or 4 percent in constant currency.


Xerox Corp. is owned by several Gurus. Robert Olstein, David Einhorn, Dodge & Cox, Charles Brandes, and George Soros own position in this stock.


Sell: Senior Vice President Russell Peacock sold 10,000 shares of XRX stock on 10/29/2010 at the average price of 11.67. Russell Peacock owns at least 25,759 shares after this. The price of the stock has decreased by 3.17% since.


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