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Weekly Top Insider Sells: INTU, LVS, MCD, SYK, QCOM

June 19, 2011 | About:
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According to GuruFocus Insider Data, these are the largest insider sells during the past week. Intuit Inc. (INTU) Director David H. Batchelder sold 585,236 Shares

Director of Intuit Inc. (INTU) David H. Batchelder sold 585,236 shares on 06/17/2011 at an average price of $49.16.

Intuit's mission is to revolutionize how people manage their financial activities. Intuit Inc. has a market cap of $14.87 billion; its shares were traded at around $49.16 with a P/E ratio of 22.5 and P/S ratio of 4.3. Intuit Inc. had an annual average earnings growth of 18.2% over the past 10 years. GuruFocus rated Intuit Inc.the business predictability rank of 4-star.

On May 19, 2011, Intuit Inc. announced financial results for its third fiscal quarter, which ended April 30. Revenue was $1.8 billion, up 15 percent. Non-GAAP diluted earnings per share were up 23 percent; GAAP diluted earnings per share grew 24 percent. To reflect positive year-to-date performance, the company revised full-year guidance. For the season, total TurboTax units were up 11 percent, with TurboTax Online units up 18 percent. Small Business remained a key driver of overall growth, posting 13 percent revenue growth that was driven by customer acquisition in connected services and improved revenue mix.

Sell: Director William V. Campbell sold 100,000 shares of INTU stock on 02/22/2011 at the average price of 52.9. William V. Campbell owns at least 78,865 shares after this. The price of the stock has decreased by 7.07% since.

Las Vegas Sands (LVS): President and COO Michael A. Leven sold 150,000 Shares

President and COO of Las Vegas Sands (LVS) Michael A. Leven sold 150,000 shares on 06/10/2011 at an average price of $38.2.

Las Vegas Sands Corp. is a hotel, gaming, and retail mall company headquartered in Las Vegas, Nevada. Las Vegas Sands has a market cap of $27.85 billion; its shares were traded at around $38.2 with a P/E ratio of 30.8 and P/S ratio of 4.1. Las Vegas Sands had an annual average earnings growth of 2.2% over the past five years.

On May 3, Las Vegas Sands Corp. announced first quarter results. Net revenue for the first quarter of 2011 was a record $2.11 billion, an increase of 58.2% compared to $1.33 billion in the first quarter of 2010. Consolidated adjusted property EBITDA in the first quarter of 2011 increased 101.0% to$745.7 million (on hold adjusted basis $785.7 million), compared to $371.0 million in the year-ago quarter. Consolidated adjusted property EBITDA margin increased 750 basis points to 35.3% in the first quarter of 2011, compared to 27.8% in the first quarter of 2010.

Sell: President and COO Michael A. Leven sold 125,000 shares of LVS stock on 02/11/2011 at the average price of 47.25. Michael A. Leven owns at least 3,612 shares after this. The price of the stock has decreased by 19.15% since.

McDonalds Corp. (MCD): President, McDonald's USA Janice L. Fields sold 63,250 Shares

President, McDonald's USA of McDonalds Corp. (MCD) Janice L. Fields sold 63,250 shares on 06/09/2011 at an average price of $82.52.

McDonald's Corporation develops, operates, franchises and services a worldwide system of restaurants that prepare, assemble, package and sell a limited menu of value-priced foods. McDonald's Corp. has a market cap of $85.62 billion; its shares were traded at around $82.52 with a P/E ratio of 17.6 and P/S ratio of 3.5. The dividend yield of McDonald's Corp. stocks is 3%. McDonalds Corp. had an annual average earnings growth of 17.6% over the past 10 years. GuruFocus rated McDonalds Corp. the business predictability rank of 4-star.

On April 21, 2011, McDonald's Corporation announced strong results for the first quarter ended March 31, 2011, fueled by broad-based comparable sales growth. The company reported the following highlights for the quarter: Global comparable sales increased 4.2%, with the US up 2.9%, Europe up 5.7% and Asia/Pacific, Middle East and Africa up 3.2%. Revenues increased 9% (7% in constant currencies diluted). Earnings per share of $1.15 was up 15% (12% in constant currencies). It returned $2.0 billion to shareholders through share repurchases and dividends

Sell: Director Roger W. Stone sold 3,000 shares of MCD stock on 04/25/2011 at the average price of $76.65. The price of the stock has increased by 7.66% since.

Stryker Corp. (SYK): Director Ronda E. Stryker sold 72,000 Shares

Director of Stryker Corp. (SYK) Ronda E. Stryker sold 72,000 shares during the past week at an average price of $57.71.

Stryker Corporation develops, manufactures and markets specialty surgical and medical products, including orthopaedic implants, bone cement, trauma systems used in bone repair, powered surgical instruments, endoscopic systems, craniomaxillofacial fixation devices, specialty surgical equipment used in neurosurgery and patient care and handling equipment for the global market and provide outpatient physical and occupational rehabilitation services. Stryker Corp. has a market cap of $22.39 billion; its shares were traded at around $57.71 with a P/E ratio of 16.8 and P/S ratio of 3.1. The dividend yield of Stryker Corp. stocks is 1.2%. Stryker Corp. had an annual average earnings growth of 15.3% over the past 10 years. GuruFocus rated Stryker Corp. the business predictability rank of 4.5-star.

On April 19, 2011, Stryker Corporation reported operating results for the quarter ended March 31, 2011, as follows: Net sales increased 10.2% on a constant currency basis (12.0% as reported) to $2.02 billion. Sales of Reconstructive products decreased 0.2% on a constant currency basis (1.9% increase as reported). Sales of MedSurg products increased 11.9% on a constant currency basis (13.1% as reported). Sales of Neurotechnology and Spine products increased 45.9% on a constant currency basis (48.3% as reported). Adjusted net earnings increased 9.9% from $322 million to $353 million and adjusted diluted net earnings per share increased 12.5% from $0.80 to $0.90. Reported net earnings decreased 4.4% from $322 million to $307 million and reported diluted net earnings per share decreased 2.5% from $0.80 to $0.78

Sell: Director Ronda E. Stryker sold 18,000 shares of SYK stock on 06/09/2011 at the average price of 58.79. Ronda E. Stryker owns at least 33,065,080 shares after this. The price of the stock has decreased by 1.84% since.

Qualcomm Inc. (QCOM): Director Irwin M. Jacobs sold 75,000 Shares

Director of Qualcomm Inc. (QCOM) Irwin M. Jacobs sold 75,000 shares during the past week at an average price of $52.69.

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 $87.97 billion; its shares were traded at around $52.69 with a P/E ratio of 21.2 and P/S ratio of 8.1. The dividend yield of Qualcomm Inc. stocks is 1.6%. Qualcomm Inc. had an annual average earnings growth of 14.6% over the past 10 years. GuruFocus rated Qualcomm Inc. the business predictability rank of 3-star.

On April 20, 2011, Qualcomm Inc. announced results for the second quarter of fiscal 2011 ended March 27, 2011. Revenues: $3.88 billion, up 46% year-over-year and 16% sequentially. Operating income: $1.07 billion, up 38% year-over-year and down 3% sequentially. Diluted earnings per share: $0.59, up 28% year-over-year and down 17% sequentially.

Sell: EVP & Chief Technology Officer Roberto Padovani sold 20,000 shares of QCOM stock on 06/06/2011 at the average price of $56.9. The price of the stock has decreased by 7.4% since.

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

Rating: 1.0/5 (1 vote)

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