Weekly Top Insider Sells: HNZ, AMZN, KO, AMT and AAPL

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Sep 26, 2011
According to GuruFocus Insider Data, these are the largest insider sells during the past week. H.J. Heinz Co. (HNZ, Financial): Director Nelson Peltz sold 835,000 Shares


Director of H.J. Heinz Co. (HNZ) Nelson Peltz sold 835,000 shares on Sept. 21, 2011 at an average price of $49.74.


H.J. Heinz Company and its subsidiaries manufacture and market an extensive line of processed food products throughout the world. H.J. Heinz Co. has a market cap of $16 billion; its shares were traded at around $49.74 with a P/E ratio of 15.9 and P/S ratio of 1.5. The dividend yield of H.J. Heinz Co. stocks is 3.9%. H.J. Heinz Co. had an annual average earnings growth of 3.6% over the past 10 years.


On August 23 H.J. Heinz Company reported first-quarter sales growth of 14.9%, fueled by dynamic growth in emerging markets and higher global sales of ketchup and the company’s top 15 brands. Excluding special charges for productivity initiatives, Heinz also reported 4% growth in earnings per share and a 5.9% increase in net income.


Senior Vice President-Finance Edward J, Mcmenamin sold 49,991 shares of HNZ stock on May 31, 2011 at the average price of $54.90. Edward J, Mcmenamin owns at least 78,083 shares after this. The price of the stock has decreased by 9.4% since.


Amazon.com Inc. (AMZN, Financial): Senior Vice President H. Brian Valentine sold 45,000 Shares


Senior Vice President of Amazon.com Inc. (AMZN) H. Brian Valentine sold 45,000 shares on Sept. 19, 2011 at an average price of $223.61.


Amazon.com Inc. seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com Inc. has a market cap of $101.51 billion; its shares were traded at around $223.61 with a P/E ratio of 99.8 and P/S ratio of 3. Amazon.com Inc. had an annual average earnings growth of 28.5% over the past five years.


On July 26, 2011 Amazon.com Inc. announced financial results for its second quarter ended June 30, 2011. Operating cash flow increased 25% to $3.21 billion for the trailing twelve months, compared with $2.56 billion for the trailing twelve months ended June 30, 2010. Free cash flow decreased 8% to $1.83 billion for the trailing twelve months, compared with $1.99 billion for the trailing twelve months ended June 30, 2010.


Senior Vice President Jeffrey M. Blackburn sold 3,100 shares of AMZN stock on Aug. 15, 2011, at the average price of 202.06. Jeffrey M. Blackburn owns at least 48,274 shares after this. The price of the stock has increased by 10.67% since.


Coca-Cola Co. (KO, Financial): President, European Group Dominique Reiniche sold 100,000 Shares


President, European Group of Coca-Cola Co. (KO) Dominique Reiniche sold 100,000 shares during the past week at an average price of $67.42.


The Coca-Cola Company is the world's largest beverage company and is the producer and marketer of soft drinks. Coca-cola Co. has a market cap of $154.8 billion; its shares were traded at around $67.42 with a P/E ratio of 18.3 and P/S ratio of 4.4. The dividend yield of Coca-cola Co. stocks is 2.9%. Coca-cola Co. had an annual average earnings growth of 7.3% over the past 10 years. GuruFocus rated Coca-cola Co. the business predictability rank of 4-star.


On July 19, 2011 the Coca-Cola Company reported strong second quarter and year-to-date 2011 operating results, meeting or exceeding 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.


Executive Vice President Alexander B. Cummings Jr. sold 84,370 shares of KO stock on Aug. 30, 2011 at the average price of $70. Alexander B. Cummings Jr. owns at least 131,257 shares after this. The price of the stock has decreased by 3.69% since.


American Tower Corp. Cl A (AMT, Financial): Executive Vice President of International Operations William H. Hess sold 118,979 Shares


Executive Vice President of International Operations of American Tower Corp. Cl A (AMT) William H. Hess sold 118,979 shares on Sept. 19, 2011 at an average price of $52.29.


American Tower Corporation is a wireless communications and broadcast infrastructure company with three operating segments. American Tower Corp. Cl A has a market cap of $20.69 billion; its shares were traded at around $52.29 with a P/E ratio of 54.4 and P/S ratio of 10.4. American Tower Corp. Cl A had an annual average earnings growth of 9.1% over the past 10 years.


On Aug. 2, 2011 American Tower Corporation reported financial results for the quarter ended June 30, 2011. American Tower generated the following operating results for the quarter ended June 30, 2011 (unless otherwise indicated, all comparative information is presented against the quarter ended June 30, 2010). Total revenue increased 27.1% to $597.2 million and total rental and management revenue increased 27.9% to $583.8 million. Total rental and management gross margin increased 25.1% to $443.1 million. Total selling, general, administrative and development expense was $72.3 million, including $11.7 million of stock”based compensation expense. Adjusted EBITDA increased 21.2% to $389.1 million, and the adjusted EBITDA margin was 65%.


Executive Vice President of International Operations William H. Hess sold 25,545 shares of AMT stock on June 1, 2011 at the average price of $54.88. William H. Hess owns at least 18,900 shares after this. The price of the stock has decreased by 4.72% since.


Apple Inc. (AAPL, Financial): Senior Vice President, General Counsel and Secretary D. Bruce Sewell sold 13,572 Shares


Senior Vice President, General Counsel and Secretary of Apple Inc. (AAPL) D. Bruce Sewell sold 13,572 shares on Sept. 22, 2011 at an average price of $404.3.


Apple Computer Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer and business customers. Apple Inc. has a market cap of $374.82 billion; its shares were traded at around $404.3 with a P/E ratio of 16 and P/S ratio of 5.7. Apple Inc. had an annual average earnings growth of 59.8% over the past five years.


On July 19, 2011 Apple announced financial results for its fiscal 2011 third quarter ended June 25, 2011. The company posted record quarterly revenue of $28.57 billion and record quarterly net profit of $7.31 billion, or $7.79 per diluted share. These results compare to revenue of $15.70 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share, in the year-ago quarter. Gross margin was 41.7% compared to 39.1% in the year-ago quarter. International sales accounted for 62% of the quarter’s revenue.


Senior Vice President Jeffrey E. Williams sold 3,000 shares of AAPL stock on July 26, 2011 at the average price of $400. Jeffrey E. Williams owns at least 213 shares after this. The price of the stock has increased by 1.08% since.


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