Weekly Top Insider Sells: FSLR, HNZ, CBG, TRW, FE

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Mar 19, 2011
According to GuruFocus Insider Data, these are the largest insider sells during the past week.

First Solar Inc. (FSLR, Financial): Director Michael J Ahearn sold 430,000 Shares

Director of First Solar Inc. (FSLR) Michael J Ahearn sold 430,000 shares during the past week at an average price of $149.66.

FIRST SOLAR INC. manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs. First Solar Inc. has a market cap of $12.86 billion; its shares were traded at around $149.66 with a P/E ratio of 19.5 and P/S ratio of 5.1.

On Feb 24, 2011 First Solar, Inc. announced its financial results for the fourth quarter and fiscal year ended December 31, 2010. Fourth quarter 2010 net sales were $610 million, a decrease of $188 million from the third quarter of 2010, primarily due to the timing of system sales and the December implementation of 2011 pricing, partially offset by an increase in volume. Quarterly net sales decreased slightly from $641 million in the fourth quarter of 2009, due to decreased systems revenue and reduced module prices, partially offset by higher volume.

Ruane Cunniff own position in this stock.

Sell: 10% Owner Of John T. Walton Estate sold 139,400 shares of FSLR stock on 03/04/2011 at the average price of 146.36. Of John T. Walton Estate owns at least 15,266,505 shares after this. The price of the stock has increased by 2.25% since.

H.J. HEINZ COMPANY (HNZ, Financial): Director Nelson Peltz sold 419,148 Shares

Director of H.J. HEINZ COMPANY (HNZ) Nelson Peltz sold 419,148 shares on 03/14/2011 at an average price of $48.97.

H. J. Heinz Company and its subsidiaries manufacture and market an extensive line of processed food products throughout the world. H.j. Heinz Company has a market cap of $15.71 billion; its shares were traded at around $48.97 with a P/E ratio of 16.5 and P/S ratio of 0.3. The dividend yield of H.j. Heinz Company stocks is 3.7%. H.j. Heinz Company had an annual average earnings growth of 4.7% over the past 10 years.

On March 03, 2011 Reported sales grew 1.5% to $2.72 billion, organic sales up 1.7%, constant currency sales rose 2.9%. Total Company net income grew 19.8% to $274 million. Net income from continuing operations rose 3.7%. Earnings per share from continuing operations grew 1.2%.

Bill Nygren, John Hussman, Mario Gabelli, and Mark Hillman own position in this stock.

Sell: Senior Vice President-Finance Edward J Mcmenamin sold 44,825 shares of HNZ stock on 09/29/2010 at the average price of 47.95. Edward J Mcmenamin owns at least 77,580 shares after this. The price of the stock has increased by 2.13% since.

CB RICHARD ELLIS GROUP INC. (CBG, Financial): Director Raymond E Wirta sold 700,000 Shares

Director of CB RICHARD ELLIS GROUP INC. (CBG) Raymond E Wirta sold 700,000 shares on 03/11/2011 at an average price of $26.65.

CB Richard Ellis Group is a global commercial real estate services firm offering a full range of services to occupiers, owners, lenders and investors in office, retail, industrial, multi-family and other commercial real estate assets. Cb Richard Ellis Group Inc. has a market cap of $8.62 billion; its shares were traded at around $26.65 with a P/E ratio of 36.4 and P/S ratio of 1.6. Cb Richard Ellis Group Inc. had an annual average earnings growth of 0.4% over the past 5 years.

On Feb 03, 2011 CB Richard Ellis Group, Inc. reported strong earnings and revenue growth for the fourth quarter and year ended December 31, 2010. Fourth-Quarter 2010 Results: Net income on a U.S. GAAP basis improved 48% to $95.1 million, or $0.30 per diluted share, for the fourth quarter, compared with $64.3 million, or $0.21 per diluted share, for the fourth quarter of 2009. Revenue for the quarter totaled $1.7 billion, an increase of 27% from $1.3 billion in the fourth quarter of 2009. This represents the strongest year-over-year quarterly revenue growth since the fourth quarter of 2007.

Ken Heebner, John Paulson, John Rogers, and Ron Baron own position in this stock.

Sell: Director Raymond E Wirta sold 200,000 shares of CBG stock on 03/08/2011 at the average price of 25.39. Raymond E Wirta owns at least 1,055,594 shares after this. The price of the stock has increased by 4.96% since.

TRW AUTOMOTIVE HOLDINGS CORP. (TRW, Financial): Executive V.P. & COO Steven Lunn sold 273,257 Shares

Executive V.P. & COO of TRW AUTOMOTIVE HOLDINGS CORP. (TRW) Steven Lunn sold 273,257 shares during the past week at an average price of $52.33.

TRW Automotive is an automotive supplier. Its products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. Trw Automotive Holdings Corp. has a market cap of $6.41 billion; its shares were traded at around $52.33 with a P/E ratio of 7.9 and P/S ratio of 0.5.

On February 17, 2011 TRW Automotive Holdings Corp. reported fourth

quarter 2010 financial results with sales of $3.7 billion, an increase of 10 percent

compared to the prior year period. The Company reported GAAP fourth quarter net earnings of $204 million or $1.56 per diluted share, which compares to net earnings of $141 million or $1.18 per diluted share in the prior year period.



Joel Greenblatt owns position in this stock.

Sell: Director Robert L. Friedman sold 9,040,313 shares of TRW stock on 11/15/2010 at the average price of 48.26. Robert L. Friedman owns at least 19,488,416 shares after this. The price of the stock has increased by 8.43% since.

FIRSTENERGY CORP. (FE, Financial): Executive Vice Chairman Paul J Evanson sold 317,701 Shares

Executive Vice Chairman of FIRSTENERGY CORP. (FE) Paul J Evanson sold 317,701 shares on 03/17/2011 at an average price of $36.52.

FirstEnergy Corp. is a diversified energy services holding company as the result of the merger of Ohio Edison Company and Centerior Energy Corporation. Firstenergy Corp. has a market cap of $15.27 billion; its shares were traded at around $36.52 with a P/E ratio of 10.1 and P/S ratio of 1.2. The dividend yield of Firstenergy Corp. stocks is 602.4%. Firstenergy Corp. had an annual average earnings growth of 3.9% over the past 10 years.

On Feb. 16, 2011 FirstEnergy Corp. reported 2010 basic earnings of $3.62 per share of common stock ($3.61 diluted) on a non-GAAP* basis. These results exclude the special items listed in the table. This compares to 2009 basic non-GAAP earnings of $3.77 per share ($3.75 diluted). On a GAAP basis, 2010 basic earnings were $2.58 per share ($2.57 diluted) on net income of $760 million, and revenue of $13.34 billion.

Brian Rogers, Jean-Marie Eveillard, and Mario Gabelli own position in this stock.

Sell: Executive Vice Chairman Paul J Evanson sold 317,701 shares of FE stock on 03/08/2011 at the average price of 37.53. Paul J Evanson owns at least 669,316 shares after this. The price of the stock has decreased by 2.69% since.

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

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