According to GuruFocus Insider Data, these are the largest insider sells during the past week.
TIFFANY & CO. (TIF, Financial): Director Peter W May sold 1,151,141 Shares
Director of TIFFANY & CO. (TIF) Peter W May sold 1,151,141 shares during the past week at an average price of $64.7.
Tiffany & Co. operates jewelry and specialty retail stores and manufactures products through its subsidiary corporations. Tiffany & Co. has a market cap of $8.18 billion; its shares were traded at around $64.7 with a P/E ratio of 25.08 and P/S ratio of 3.02. The dividend yield of Tiffany & Co. stocks is 1.55%. Tiffany & Co. had an annual average earning growth of 6.1% over the past 10 years. GuruFocus rated Tiffany & Co. the business predictability rank of 3.5-star.
On November 24, 2010 Tiffany & Co. reported a 14% increase in its worldwide net sales for the third quarter ended October 31, 2010, with growth occurring in all geographic regions. The sales increase and a higher operating margin contributed to a higher-than-expected 27% increase in net earnings; net earnings from continuing operations adjusted to exclude nonrecurring items increased 43% (see attached "Non-GAAP Measures" schedule). In response, management increased its outlook for full year earnings growth.
Several Gurus Kept Positions in TIF Unchanged or Slightly Adjusted: Ron Baron, Kenneth Fisher, John Rogers, and Brian Rogers own position in this stock.
Sell: Director Peter W May sold 723,769 shares of TIF stock on 02/16/2011 at the average price of 64.57. Peter W May owns at least 5,508,463 shares after this. The price of the stock has increased by 0.2% since.
Perrigo Company (PRGO, Financial): Director Moshe Arkin sold 287,651 Shares
Director of Perrigo Company (PRGO) Moshe Arkin sold 287,651 shares on 02/17/2011 at an average price of $75.7.
Perrigo Company, is the nations largest manufacturer of store brand over-the-counter (non-prescription) pharmaceutical products and also manufactures store brand nutritional products.
Perrigo Company has a market cap of $6.98 billion; its shares were traded at around $75.7 with a P/E ratio of 22.33 and P/S ratio of 3.08. The dividend yield of Perrigo Company stocks is 0.37%. Perrigo Company had an annual average earning growth of 17.7% over the past 10 years. GuruFocus rated Perrigo Company the business predictability rank of 2.5-star.
On February 1 Perrigo Company announced their second quarter. Fiscal second quarter revenue from continuing operations increased. $135 million, or 23%, to $718 million. Fiscal second quarter GAAP income from continuing operations increased 43% to an all-time record $90 million, or $0.96 per share. Fiscal second quarter adjusted income from continuing operations increased 46% to $98 million, or $1.05 per share. Record second quarter cash flow from operations of $129 million. Management raises full-year fiscal 2011 adjusted diluted earnings from continuing operations guidance to $3.75-$3.90 per share from previously announced $3.60-$3.75 per share
1 Guru Initiated Positions: NWQ Managers bought 13,972 shares in the quarter that ended on 12/31/2010, which is less than 0.01% of the $19.36 billion portfolio of NWQ Investment Management Co.
Several Gurus Kept Positions in PRGO Unchanged or Slightly Adjusted: Edward Owens, Ruane Cunniff, Kenneth Fisher, and John Keeley own positions in this stock.
Sell: Director Michael J Jandernoa sold 63,184 shares of PRGO stock on 02/15/2011 at the average price of 73.76. Michael J Jandernoa owns at least 382,492 shares after this. The price of the stock has increased by 2.63% since.
International Business Machines Corp (IBM, Financial): Senior Vice President J Randall Macdonald sold 95,768 Shares
Senior Vice President of International Business Machines Corp (IBM) J Randall Macdonald sold 95,768 shares during the past week at an average price of $164.84.
IBM uses advanced information technology to provide customer solutions. International Business Machines Corp has a market cap of $204.79 billion; its shares were traded at around $164.84 with a P/E ratio of 14.23 and P/S ratio of 2.05. The dividend yield of International Business Machines Corp stocks is 1.58%. International Business Machines Corp had an annual average earning growth of 14.4% over the past 10 years. GuruFocus rated International Business Machines Corp the business predictability rank of 2-star.
On January 18, 2011 IBM announced fourth-quarter 2010 diluted earnings of $4.18 per share, compared with diluted earnings of $3.59 per share in the fourth quarter of 2009, an increase of 16 percent.Fourth-quarter net income was $5.3 billion compared with $4.8 billion in the fourth quarter of 2009, an increase of 9 percent. Total revenues for the fourth quarter of 2010 of $29.0 billion increased 7 percent (7 percent, adjusting for currency) from the fourth quarter of 2009.
Many Gurus Kept Positions in IBM Unchanged or Slightly Adjusted. David Williams, Robert Olstein, Ruane Cunniff, HOTCHKIS & WILEY, and James Barrow own position in this stock.
Sell: Director Sidney Taurel sold 2,867 shares of IBM stock on 02/15/2011 at the average price of 163.22. Sidney Taurel owns at least 6,398 shares after this. The price of the stock has increased by 0.99% since.
AFFILIATED MANAGERS GROUP (AMG, Financial): Executive V.P. and CFO Darrell W Crate sold 120,333 Shares
Executive V.P. and CFO of AFFILIATED MANAGERS GROUP (AMG) Darrell W Crate sold 120,333 shares on 02/17/2011 at an average price of $112.2.
Affiliated Managers Group Inc. is an asset management holding company which acquires majority interests in mid-sized investment management firms. Affiliated Managers Group has a market cap of $5.79 billion; its shares were traded at around $112.2 with a P/E ratio of 18.67 and P/S ratio of 4.26. Affiliated Managers Group had an annual average earning growth of 8% over the past 10 years.
On February 1, 2011 Affiliated Managers Group, Inc reported its financial and operating results for the fourth quarter and full year 2010. For the fourth quarter of 2010, Economic Earnings Per Share (“Economic EPS”) were $2.02, compared to $1.36 for the same period of 2009, while diluted earnings per share for the fourth quarter of 2010 were $1.18, compared to $0.55 for the same period of 2009. For the fourth quarter of 2010, Economic Net Income was $106.6 million, compared to $60.0 million for the same period of 2009. For the fourth quarter of 2010, Net Income was $62.0 million, compared to $24.6 million for the same period of 2009.
Richard Aster owns position in this stock.
Sell: Director Rita M Rodriguez sold 16,875 shares of AMG stock on 09/13/2010 at the average price of 75.22. Rita M Rodriguez owns at least 161 shares after this. The price of the stock has increased by 49.16% since.
PRAXAIR INC. (PX, Financial): Executive V.P. and CFO James S Sawyer sold 120,513 Shares
Executive V.P. and CFO of PRAXAIR INC. (PX) James S Sawyer sold 120,513 shares on 02/15/2011 at an average price of $99.09.
Praxair is one of the largest industrial gases companies in North and South America. Praxair Inc. has a market cap of $30.36 billion; its shares were traded at around $99.09 with a P/E ratio of 20.91 and P/S ratio of 3. The dividend yield of Praxair Inc. stocks is 1.82%. Praxair Inc. had an annual average earning growth of 11.1% over the past 10 years. GuruFocus rated Praxair Inc. the business predictability rank of 5-star.
On January 26, 2011 Praxair, Inc. reported fourth-quarter net income and diluted earnings per share of $133 million and 43 cents, respectively. These results were reduced by $255 million, or 82 cents of diluted earnings per share, related primarily to the previously announced Spanish income tax settlement. Excluding this impact, adjusted net income and diluted earnings per share were $388 million and $1.25, 14% and 15% above the prior-year quarter, respectively.
3 Gurus Kept Positions in PX Unchanged or Slightly Adjusted. Wallace Weitz and Ruane Cunniff own position in this stock.
PRIMECAP Management owns 1,497,186 shares as of 12/31/2010,
Sell: Executive V.P. and CFO James S Sawyer sold 120,513 shares of PX stock on 02/15/2011 at the average price of 96.61. James S Sawyer owns at least 62,843 shares after this. The price of the stock has increased by 2.57% since.
For the complete list of stocks that bought/sold by their company executives, go to: Insider Buys.
TIFFANY & CO. (TIF, Financial): Director Peter W May sold 1,151,141 Shares
Director of TIFFANY & CO. (TIF) Peter W May sold 1,151,141 shares during the past week at an average price of $64.7.
Tiffany & Co. operates jewelry and specialty retail stores and manufactures products through its subsidiary corporations. Tiffany & Co. has a market cap of $8.18 billion; its shares were traded at around $64.7 with a P/E ratio of 25.08 and P/S ratio of 3.02. The dividend yield of Tiffany & Co. stocks is 1.55%. Tiffany & Co. had an annual average earning growth of 6.1% over the past 10 years. GuruFocus rated Tiffany & Co. the business predictability rank of 3.5-star.
On November 24, 2010 Tiffany & Co. reported a 14% increase in its worldwide net sales for the third quarter ended October 31, 2010, with growth occurring in all geographic regions. The sales increase and a higher operating margin contributed to a higher-than-expected 27% increase in net earnings; net earnings from continuing operations adjusted to exclude nonrecurring items increased 43% (see attached "Non-GAAP Measures" schedule). In response, management increased its outlook for full year earnings growth.
Several Gurus Kept Positions in TIF Unchanged or Slightly Adjusted: Ron Baron, Kenneth Fisher, John Rogers, and Brian Rogers own position in this stock.
Sell: Director Peter W May sold 723,769 shares of TIF stock on 02/16/2011 at the average price of 64.57. Peter W May owns at least 5,508,463 shares after this. The price of the stock has increased by 0.2% since.
Perrigo Company (PRGO, Financial): Director Moshe Arkin sold 287,651 Shares
Director of Perrigo Company (PRGO) Moshe Arkin sold 287,651 shares on 02/17/2011 at an average price of $75.7.
Perrigo Company, is the nations largest manufacturer of store brand over-the-counter (non-prescription) pharmaceutical products and also manufactures store brand nutritional products.
Perrigo Company has a market cap of $6.98 billion; its shares were traded at around $75.7 with a P/E ratio of 22.33 and P/S ratio of 3.08. The dividend yield of Perrigo Company stocks is 0.37%. Perrigo Company had an annual average earning growth of 17.7% over the past 10 years. GuruFocus rated Perrigo Company the business predictability rank of 2.5-star.
On February 1 Perrigo Company announced their second quarter. Fiscal second quarter revenue from continuing operations increased. $135 million, or 23%, to $718 million. Fiscal second quarter GAAP income from continuing operations increased 43% to an all-time record $90 million, or $0.96 per share. Fiscal second quarter adjusted income from continuing operations increased 46% to $98 million, or $1.05 per share. Record second quarter cash flow from operations of $129 million. Management raises full-year fiscal 2011 adjusted diluted earnings from continuing operations guidance to $3.75-$3.90 per share from previously announced $3.60-$3.75 per share
1 Guru Initiated Positions: NWQ Managers bought 13,972 shares in the quarter that ended on 12/31/2010, which is less than 0.01% of the $19.36 billion portfolio of NWQ Investment Management Co.
Several Gurus Kept Positions in PRGO Unchanged or Slightly Adjusted: Edward Owens, Ruane Cunniff, Kenneth Fisher, and John Keeley own positions in this stock.
Sell: Director Michael J Jandernoa sold 63,184 shares of PRGO stock on 02/15/2011 at the average price of 73.76. Michael J Jandernoa owns at least 382,492 shares after this. The price of the stock has increased by 2.63% since.
International Business Machines Corp (IBM, Financial): Senior Vice President J Randall Macdonald sold 95,768 Shares
Senior Vice President of International Business Machines Corp (IBM) J Randall Macdonald sold 95,768 shares during the past week at an average price of $164.84.
IBM uses advanced information technology to provide customer solutions. International Business Machines Corp has a market cap of $204.79 billion; its shares were traded at around $164.84 with a P/E ratio of 14.23 and P/S ratio of 2.05. The dividend yield of International Business Machines Corp stocks is 1.58%. International Business Machines Corp had an annual average earning growth of 14.4% over the past 10 years. GuruFocus rated International Business Machines Corp the business predictability rank of 2-star.
On January 18, 2011 IBM announced fourth-quarter 2010 diluted earnings of $4.18 per share, compared with diluted earnings of $3.59 per share in the fourth quarter of 2009, an increase of 16 percent.Fourth-quarter net income was $5.3 billion compared with $4.8 billion in the fourth quarter of 2009, an increase of 9 percent. Total revenues for the fourth quarter of 2010 of $29.0 billion increased 7 percent (7 percent, adjusting for currency) from the fourth quarter of 2009.
Many Gurus Kept Positions in IBM Unchanged or Slightly Adjusted. David Williams, Robert Olstein, Ruane Cunniff, HOTCHKIS & WILEY, and James Barrow own position in this stock.
Sell: Director Sidney Taurel sold 2,867 shares of IBM stock on 02/15/2011 at the average price of 163.22. Sidney Taurel owns at least 6,398 shares after this. The price of the stock has increased by 0.99% since.
AFFILIATED MANAGERS GROUP (AMG, Financial): Executive V.P. and CFO Darrell W Crate sold 120,333 Shares
Executive V.P. and CFO of AFFILIATED MANAGERS GROUP (AMG) Darrell W Crate sold 120,333 shares on 02/17/2011 at an average price of $112.2.
Affiliated Managers Group Inc. is an asset management holding company which acquires majority interests in mid-sized investment management firms. Affiliated Managers Group has a market cap of $5.79 billion; its shares were traded at around $112.2 with a P/E ratio of 18.67 and P/S ratio of 4.26. Affiliated Managers Group had an annual average earning growth of 8% over the past 10 years.
On February 1, 2011 Affiliated Managers Group, Inc reported its financial and operating results for the fourth quarter and full year 2010. For the fourth quarter of 2010, Economic Earnings Per Share (“Economic EPS”) were $2.02, compared to $1.36 for the same period of 2009, while diluted earnings per share for the fourth quarter of 2010 were $1.18, compared to $0.55 for the same period of 2009. For the fourth quarter of 2010, Economic Net Income was $106.6 million, compared to $60.0 million for the same period of 2009. For the fourth quarter of 2010, Net Income was $62.0 million, compared to $24.6 million for the same period of 2009.
Richard Aster owns position in this stock.
Sell: Director Rita M Rodriguez sold 16,875 shares of AMG stock on 09/13/2010 at the average price of 75.22. Rita M Rodriguez owns at least 161 shares after this. The price of the stock has increased by 49.16% since.
PRAXAIR INC. (PX, Financial): Executive V.P. and CFO James S Sawyer sold 120,513 Shares
Executive V.P. and CFO of PRAXAIR INC. (PX) James S Sawyer sold 120,513 shares on 02/15/2011 at an average price of $99.09.
Praxair is one of the largest industrial gases companies in North and South America. Praxair Inc. has a market cap of $30.36 billion; its shares were traded at around $99.09 with a P/E ratio of 20.91 and P/S ratio of 3. The dividend yield of Praxair Inc. stocks is 1.82%. Praxair Inc. had an annual average earning growth of 11.1% over the past 10 years. GuruFocus rated Praxair Inc. the business predictability rank of 5-star.
On January 26, 2011 Praxair, Inc. reported fourth-quarter net income and diluted earnings per share of $133 million and 43 cents, respectively. These results were reduced by $255 million, or 82 cents of diluted earnings per share, related primarily to the previously announced Spanish income tax settlement. Excluding this impact, adjusted net income and diluted earnings per share were $388 million and $1.25, 14% and 15% above the prior-year quarter, respectively.
3 Gurus Kept Positions in PX Unchanged or Slightly Adjusted. Wallace Weitz and Ruane Cunniff own position in this stock.
PRIMECAP Management owns 1,497,186 shares as of 12/31/2010,
Sell: Executive V.P. and CFO James S Sawyer sold 120,513 shares of PX stock on 02/15/2011 at the average price of 96.61. James S Sawyer owns at least 62,843 shares after this. The price of the stock has increased by 2.57% since.
For the complete list of stocks that bought/sold by their company executives, go to: Insider Buys.
