Weekly Top Insider Sells: VRSK, JWN, DFS, AAPL and QCOM

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Oct 10, 2011
According to GuruFocus Insider Data, these are the largest insider sells during the past week.


Verisk Analytics Inc. (VRSK, Financial): President and COO Scott G. Stephenson sold 82,812 Shares


President and COO of Verisk Analytics Inc. (VRSK) Scott G. Stephenson sold 82,812 shares on Oct. 3, 2011, at an average price of $34.62.


Verisk Analytics is a provider of risk assessment solutions to professionals in insurance, healthcare, mortgage lending, government, risk management and human resources. Verisk Analytics Inc. has a market cap of $5.21 billion; its shares were traded at around $34.62 with a P/E ratio of 22.2 and P/S ratio of 4.5.


On Aug. 2, 2011 Verisk Analytics Inc. announced results for the second quarter ended June 30, 2011. Diluted GAAP earnings per share (diluted GAAP EPS) were $0.38 for second-quarter 2011. Diluted adjusted earnings per share (diluted adjusted EPS) were $0.41 for second-quarter 2011, an increase of 24.2% versus the same period in 2010. Total revenue increased 16.2% for second-quarter 2011. Revenue growth in the second quarter was driven by a 26.7% increase in Decision Analytics revenue with additional contribution from the 4.6% growth in Risk Assessment revenue.


President and COO Scott G. Stephenson sold 82,812 shares of VRSK stock on Sept. 15, 2011, at the average price of $34.79. Scott G. Stephenson owns at least 350,386 shares after this. The price of the stock has decreased by 0.49% since.


Nordstrom Inc. (JWN, Financial): Executive Vice President Erik B. Nordstrom sold 46,763 Shares


Executive Vice President of Nordstrom Inc. (JWN) Erik B. Nordstrom sold 46,763 shares on Oct. 4, 2011, at an average price of $48.69.


Nordstrom Inc. is one of the nation's fashion specialty retailers, with stores located in a number of states, including full-line stores, Nordstrom Racks, Faconnable boutiques, and free-standing shoe stores. Nordstrom Inc. has a market cap of $10.61 billion; its shares were traded at around $48.69 with a P/E ratio of 15.8 and P/S ratio of 1.2. The dividend yield of Nordstrom Inc. stocks is 1.9%. Nordstrom Inc. had an annual average earnings growth of 27.3% over the past 10 years. GuruFocus rated Nordstrom Inc. the business predictability rank of 3.5-star.


On May 12, 2011 Nordstrom Inc. reported net earnings of $145 million, or $0.65 per diluted share, for the first quarter ended April 30, 2011. This represented an increase of 24% compared with net earnings of $116 million, or $0.52 per diluted share, for the same quarter last year.


Vice President and Treasurer Robert Ernst Campbell sold 13,073 shares of JWN stock on Sept. 30, 2011 at the average price of $46.54. Robert Ernst Campbell owns at least 10,430 shares after this. The price of the stock has increased by 4.62% since.


Discover Financial Services (DFS, Financial): Executive Vice President Harit Talwar sold 52,745 Shares


Executive Vice President of Discover Financial Services (DFS) Harit Talwar sold 52,745 shares on Oct. 5, 2011, at an average price of $23.41.


Discover Financial Services operates the Discover Card with more than 50 million card members, the Discover Network with millions of merchant and cash access locations, and the Goldfish credit card business in the UK. Discover Financial Services has a market cap of $12.77 billion; its shares were traded at around $23.41 with a P/E ratio of 6.2 and P/S ratio of 1.6. The dividend yield of Discover Financial Services stocks is 1.1%.


On Sept. 22, 2011, Discover Financial Services reported net income of $649 million for the third quarter of 2011, as compared to $261 million for the third quarter of 2010. Discover card sales volume was an all-time record of $26.3 billion in the quarter, up 9% from the prior year. Total loans grew 8% from the prior year to $54.1 billion and were up 3% from the prior quarter, with credit card loans up 2% from the prior year and 3% from the prior quarter.


Senior Vice President and CIO Glenn P. Schneider sold 9,295 shares of DFS stock on July 5, 2011, at the average price of $26.83. Glenn P. Schneider owns at least 74,835 shares after this. The price of the stock has decreased by 12.75% since.


Apple Inc. (AAPL, Financial): Senior Vice President Jeffrey E. Williams sold 3,000 Shares


Senior Vice President of Apple Inc. (AAPL) Jeffrey E. Williams sold 3,000 shares on Oct. 3, 2011, at an average price of $369.8.


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 $342.84 billion; its shares were traded at around $369.8 with a P/E ratio of 14.6 and P/S ratio of 5.3. 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 Aug. 1, 2011, at the average price of $394.78. Jeffrey E. Williams owns at least 213 shares after this. The price of the stock has decreased by 6.33% since.


Qualcomm Inc. (QCOM, Financial): Executive Vice President Margaret L. Johnson sold 20,000 Shares


Executive Vice President of QUALCOMM Inc. (QCOM) Margaret L. Johnson sold 20,000 shares on 10/05/2011 at an average price of $50.23.


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 $84.24 billion; its shares were traded at around $50.23 with a P/E ratio of 19.2 and P/S ratio of 7.7. The dividend yield of Qualcomm Inc. stocks is 1.7%. 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 Incorporated today 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. Net income: 1 Diluted earnings per share:1$0.59, up 28% year-over-year and down 17% sequentially. $999 million, up 29% year-over-year and down 15% sequentially.


Executive Vice President Steven M. Mollenkopf sold 5,978 shares of QCOM stock on Aug. 12, 2011 at the average price of $49.76. Steven M. Mollenkopf owns at least 18,308 shares after this. The price of the stock has increased by 0.94% since.


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