Weekly Top Insider Sells: FDO, QCOM, V, MCK, and SYK

Author's Avatar
Oct 17, 2011
According to GuruFocus Insider Data, these are the largest insider sells during the past week.


Family Dollar Stores Inc. (FDO, Financial): Vice Chair R. James Kelly sold 124,557 Shares


Vice Chair of Family Dollar Stores Inc. (FDO) R. James Kelly sold 124,557 shares on 10/12/2011 at an average price of $54.4.


Family Dollar Stores, Inc. is one of the fastest growing discount store chains in the United States. Family Dollar Stores Inc. has a market cap of $6.54 billion; its shares were traded at around $54.4 with a P/E ratio of 17.4 and P/S ratio of 0.8. The dividend yield of Family Dollar Stores Inc. stocks is 1.3%. Family Dollar Stores Inc. had an annual average earnings growth of 10% over the past 10 years. GuruFocus rated Family Dollar Stores Inc. the business predictability rank of 3.5-star.


Director Sharon A. Decker sold 850 shares of FDO stock on 08/05/2011 at the average price of 48.42. Sharon A. Decker owns at least 4,094 shares after this. The price of the stock has increased by 12.35% since.


Qualcomm Inc. (QCOM, Financial): Director Irwin M. Jacobs sold 116,064 Shares


Director of Qualcomm Inc. (QCOM) Irwin M. Jacobs sold 116,064 shares on 10/11/2011 at an average price of $54.98.


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 $92.2 billion; its shares were traded at around $54.98 with a P/E ratio of 20.9 and P/S ratio of 8.4. 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 July 20, 2011 Qualcomm Incorporated announced results for the third quarter of fiscal 2011 ended June 26, 2011. Net income: Diluted earnings per share:$0.61, up 30 percent year over year and 3 percent sequentially. $1.04 billion, up 35 percent y-o-y and 4 percent sequentially. Effective tax rate: 23 percent for the quarter. Operating cash flow: $1.26 billion, up 33 percent year over year; 35 percent of revenues.


Executive Vice President Margaret L. Johnson sold 20,000 shares of QCOM stock on 09/01/2011 at the average price of 51.92. Margaret L. Johnson owns at least 18,991 shares after this. The price of the stock has increased by 5.89% since.


Visa (V, Financial): CMO & Gbl Hd Strat & Corp Dev Antonio Lucio sold 64,499 Shares


CMO & Gbl Hd Strat & Corp Dev of Visa (V) Antonio Lucio sold 64,499 shares on 10/12/2011 at an average price of $93.92.


VISA operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa has a market cap of $76.73 billion; its shares were traded at around $93.92 with a P/E ratio of 20.1 and P/S ratio of 9.4. The dividend yield of Visa stocks is 0.7%.


On July 27, 2011 Visa Inc. announced financial results for the Company’s fiscal third quarter 2011 ended June 30, 2011. GAAP net income for the quarter, inclusive of a non-cash, non-operating gain related to the Company’s revaluation of its Visa Europe put option, was $1.0 billion. On an adjusted basis, which excludes the revaluation of the Company’s Visa Europe put option, net income for the quarter was $883 million, an increase of 23% over the prior year, and diluted class A common stock earnings per share were $1.26, an increase of 29% over the prior year.


General Counsel Joshua R. Floum sold 15,249 shares of V stock on 09/14/2011 at the average price of $90. Joshua R. Floum owns at least 44,831 shares after this. The price of the stock has increased by 4.36% since.


McKesson Corp. (MCK, Financial): EVP, Group President Paul C. Julian sold 47,333 Shares


EVP, Group President of McKesson Corp. (MCK) Paul C. Julian sold 47,333 shares on 10/11/2011 at an average price of $73.45.


McKesson Corporation, the world's largest health care service and technology company, delivers unique supply and information management solutions that reduce costs and improve quality for its health care customers. Mckesson Corp. has a market cap of $18.09 billion; its shares were traded at around $73.45 with a P/E ratio of 14.4 and P/S ratio of 0.2. The dividend yield of Mckesson Corp. stocks is 1.1%. Mckesson Corp. had an annual average earnings growth of 11.5% over the past 10 years. GuruFocus rated Mckesson Corp. the business predictability rank of 3.5-star.


On July 28, 2011 McKesson Corporation reported that revenues for the first quarter ended June 30, 2011 were up 9% to $30.0 billion compared to $27.5 billion a year ago. On the basis of U.S. generally accepted accounting principles (“GAAP”), first-quarter earnings per diluted share was $1.13 compared to $1.10 a year ago.


EVP, Group President Paul C. Julian sold 54,666 shares of MCK stock on 06/21/2011 at the average price of 83.79. Paul C. Julian owns at least 399 shares after this. The price of the stock has decreased by 12.34% since.


Stryker Corp. (SYK, Financial): Director Ronda E. Stryker sold 54,000 Shares


Director of Stryker Corp. (SYK) Ronda E. Stryker sold 54,000 shares during the past week at an average price of $50.02.


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 $19.42 billion; its shares were traded at around $50.02 with a P/E ratio of 14.2 and P/S ratio of 2.6. The dividend yield of Stryker Corp. stocks is 1.5%. 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 July 19, 2011 Stryker Corporation reported operating results for the quarter ended June 30, 2011. Net sales were $2.05 billion for the second quarter of 2011, representing a 16.3% increase over net sales of $1.76 billion for the second quarter of 2010. Net sales grew by 7.2% due to increased unit volume and changes in product mix, 6.2% as a result of acquisitions, and 4.4% due to the favorable impact of foreign currency exchange rates on net sales, which were partially offset by an unfavorable impact of 1.5% due to changes in price.


Director Ronda E. Stryker sold 27,000 shares of SYK stock on 10/05/2011 at the average price of 46.7. Ronda E. Stryker owns at least 32,337,080 shares after this. The price of the stock has increased by 7.11% since.


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