Weekly Top Insider Sells: PRGO, AN, SWK, KO, and NEE

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Sep 05, 2011
According to GuruFocus Insider Data, these are the largest insider sells during the past week.


Perrigo Company (PRGO, Financial): Director Moshe Arkin sold 250,000 Shares


Director of Perrigo Company (PRGO) Moshe Arkin sold 250,000 shares during the past week at an average price of $89.87.


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 $8.34 billion; its shares were traded at around $89.87 with a P/E ratio of 22.41 and P/S ratio of 3.03. The dividend yield of Perrigo Company stocks is 0.31%. Perrigo Company had an annual average earnings growth of 17.7% over the past 10 years. GuruFocus rated Perrigo Company the business predictability rank of 2.5-star.


On August 16, 2011 Perrigo Company announced results for its fourth quarter and full year ended June 25, 2011. Net sales from continuing operations for the fourth quarter of fiscal 2011 were approximately $705 million, an increase of 14% compared to last year. Reported income from continuing operations was approximately $86 million, or $0.91 per share, a strong increase over $49 million, or $0.53 per share, a year ago. Excluding the charges outlined in Table I at the end of this release, fourth quarter fiscal 2011 adjusted income from continuing operations was $95 million, or $1.02 per share.


EVP Global Operations & Supply John T Hendrickson sold 3,589 shares of PRGO stock on 08/30/2011 at the average price of 96.86. John T Hendrickson owns at least 40,279 shares after this. The price of the stock has decreased by 7.22% since.


AutoNation Inc. (AN, Financial): Director, President and COO Michael E Maroone sold 317,996 Shares


Director, President and COO of AutoNation Inc. (AN) Michael E Maroone sold 317,996 shares on 08/26/2011 at an average price of $39.27.


AutoNation, Inc. is the one of the largest automotive retailers in the United States. Autonation Inc. has a market cap of $5.72 billion; its shares were traded at around $39.27 with a P/E ratio of 21.94 and P/S ratio of 0.46. Autonation Inc. had an annual average earnings growth of 3.9% over the past 10 years.


On April 22, 2010 AutoNation, Inc. reported 2010 first quarter net income from continuing operations of $58 million or $0.34 per share, compared to net income from continuing operations of $53 million or $0.30 per share for the same period in the prior year. Net income from continuing operations for the 2010 first quarter improved 55% on a per-share basis, compared to adjusted net income from continuing operations of $40 million or $0.22 per share for the same period in the prior year. Adjusted net income from continuing operations for the 2009 first quarter excludes the items disclosed in the attached financial tables.


VP - Corporate Controller Michael J Stephan sold 8,523 shares of AN stock on 08/30/2011 at the average price of 40.51. Michael J Stephan owns at least 4,656 shares after this. The price of the stock has decreased by 3.06% since.


Stanley Works (SWK, Financial): Executive Chairman Nolan D Archibald sold 154,215 Shares


Executive Chairman of Stanley Works (SWK) Nolan D Archibald sold 154,215 shares on 08/30/2011 at an average price of $58.12.


Stanley Black & Decker, Inc., formerly known as Stanley Works Inc. Stanley Works has a market cap of $9.79 billion; its shares were traded at around $58.12 with a P/E ratio of 13.58 and P/S ratio of 1.16. The dividend yield of Stanley Works stocks is 2.82%.


On Jul 18, 2011 Stanley Black & Deckerannounced second quarter 2011 financial results. Net sales for the period were $2.6 billion, up 11% versus prior year due to unit volume (+3%), currency (+5%) and acquisitions (+3%). Excluding M&A related charges, 2Q'11 diluted EPS was $1.46.


Sr. VP, Gen. Counsel & Sec'y Bruce H Beatt sold 3,440 shares of SWK stock on 05/10/2011 at the average price of 75. Bruce H Beatt owns at least 48,016 shares after this. The price of the stock has decreased by 22.51% since.


CocaCola Co. (KO, Financial): Group President Ahmet C Bozer sold 123,796 Shares


Group President of CocaCola Co. (KO) Ahmet C Bozer sold 123,796 shares on 08/30/2011 at an average price of $69.74.


The Coca-Cola Company is the world's largest beverage company and is the producer and marketer of soft drinks. Cocacola Co. has a market cap of $160.13 billion; its shares were traded at around $69.74 with a P/E ratio of 19 and P/S ratio of 4.56. The dividend yield of Cocacola Co. stocks is 2.7%. Cocacola Co. had an annual average earnings growth of 7.3% over the past 10 years. GuruFocus rated Cocacola Co. the business predictability rank of 4-star.


On July 19, 2011 the Coca-Cola Company reports strong second quarter and year-to-date 2011 operating results, meeting or exceeding our long-term growth targets and gaining volume and value share in total NARTD beverages. Reported worldwide volume grew 6% in both the quarter and year-to-date. Excluding new cross-licensed brands in North America, primarily Dr Pepper brands, worldwide volume grew 5% in the quarter and year-to-date. We achieved broad-based volume growth in the quarter across each of our five geographic operating groups, with growth of 7% in Eurasia and Africa, 7% in Pacific, 6% in Latin America, 5% in Europe, and 4% in North America. Excluding new cross-licensed brands, North America volume was even in the quarter and grew 1% year-to-date.


Senior Vice President Harry L Anderson sold 16,500 shares of KO stock on 07/19/2011 at the average price of 69.47. Harry L Anderson owns at least 45,123 shares after this. The price of the stock has increased by 0.39% since.


NEXTERA ENERGY INC (NEE, Financial): Chairman of Sub Lewis Hay Iii sold 150,000 Shares


Chairman of Sub of NEXTERA ENERGY INC (NEE) Lewis Hay Iii sold 150,000 shares on 09/01/2011 at an average price of $55.63.


NextEra Energy, Inc., formerly known as FPL Group, Inc. Nextera Energy Inc has a market cap of $23.49 billion; its shares were traded at around $55.63 with a P/E ratio of 12.73 and P/S ratio of 1.53. The dividend yield of Nextera Energy Inc stocks is 3.95%. Nextera Energy Inc had an annual average earnings growth of 5.7% over the past 10 years. GuruFocus rated Nextera Energy Inc the business predictability rank of 3-star.


On July 27, 2011 NextEra Energy announces second quarter 2011 earnings reported second quarter 2011 net income on a GAAP basis of $580 million, or $1.38 per share, compared with $417 million, or $1.01 per share, in the second quarter of 2010. On an adjusted basis, NextEra Energy's earnings were $500 million, or $1.18 per share, compared with $457 million, or $1.11 per share, in the second quarter of 2010.



Chairman of Sub Lewis Hay Iii sold 87,401 shares of NEE stock on 05/02/2011 at the average price of 56.75. Lewis Hay Iii owns at least 668,799 shares after this. The price of the stock has decreased by 1.97% since.


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