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Weekly Top Insider Sells: INTU, BBBY, LNKD, CRM and YHOO

November 28, 2011 | About:
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According to GuruFocus Insider Data, these are the largest insider sells during the past week.

Intuit Inc. (INTU): Chairman of Exec. Committee Scott D. Cook sold 518,360 Shares

Chairman of Exec. Committee of Intuit Inc. (INTU) Scott D. Cook sold 518,360 shares on 11/21/2011 at an average price of $49.27.

Intuit's mission is to revolutionize how people manage their financial activities. Intuit Inc. has a market cap of $14.82 billion; its shares were traded at around $49.27 with a P/E ratio of 22.4 and P/S ratio of 3.9. The dividend yield of Intuit Inc. stocks is 1.2%. Intuit Inc. had an annual average earnings growth of 15.6% over the past 10 years. GuruFocus rated Intuit Inc. the business predictability rank of 4-star.

On Nov. 17, 2011 Intuit Inc. announced financial results for its first fiscal quarter, which ended Oct. 31, and reiterated guidance for the full fiscal year 2012. Quarterly Dividend: Intuit paid its first quarterly cash dividend of $0.15 per share, or $45 million, in the first quarter. In November the company's board of directors approved a quarterly cash dividend of $0.15 per share to be paid on Jan. 18, 2012 to shareholders of record as of the close of business on January 10. During the first quarter, Intuit repurchased $255 million of its shares. At the end of the quarter the company had authorization from its board of directors to use up to an additional $2.4 billion for stock repurchases through August 2014.

Director David H. Batchelder sold 1,225,333 shares of INTU stock on 09/14/2011 at the average price of $46.76. David H. Batchelder owns at least 5,569,177 shares after this. The price of the stock has increased by 5.37% since.

Bed Bath & Beyond Inc. (BBBY): Co-Chairman Leonard Feinstein sold 341,633 Shares

Co-Chairman of Bed Bath & Beyond Inc. (BBBY) Leonard Feinstein sold 341,633 shares on 11/18/2011 at an average price of $57.9.

Bed Bath & Beyond is a nationwide operator of "superstores" selling predominantly better quality domestics merchandise and home furnishings typically found in better department stores. Bed Bath & Beyond Inc. has a market cap of $14.16 billion; its shares were traded at around $57.9 with a P/E ratio of 16.5 and P/S ratio of 1.7. Bed Bath & Beyond Inc. had an annual average earnings growth of 13.1% over the past 10 years. GuruFocus rated Bed Bath & Beyond Inc. the business predictability rank of 3-star.

Co-Chairman Warren Eisenberg sold 33,431 shares of BBBY stock on 11/11/2011 at the average price of $62.22. Warren Eisenberg owns at least 3,470,569 shares after this. The price of the stock has decreased by 6.94% since.

Co-Chairman Warren Eisenberg sold 33,431 shares of BBBY stock on 11/11/2011 at the average price of $62.22. Warren Eisenberg owns at least 3,470,569 shares after this. The price of the stock has decreased by 6.94% since.

LinkedIn (LNKD): Senior Vice President & CFO Steven J. Sordello sold 98,232 Shares

SVP & CFO of LinkedIn (LNKD) Steven J. Sordello sold 98,232 shares on 11/22/2011 at an average price of $63.08.

LinkedIn Corporation is an online professional network which allows members to create, manage, and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. Linkedin has a market cap of $6.08 billion; its shares were traded at around $63.08 with and P/S ratio of 25.

On Nov. 3, 2011 LinkedIn Corporation reported its financial results for the third quarter ended Sept. 30, 2011. Revenue from the U.S. totaled $94.0 million, and represented 67% of total revenue in the third quarter of 2011. Revenue from international totaled $45.5 million, and represented 33% of total revenue in the third quarter of 2011. Revenue from the field sales channel totaled $74.5 million, and represented 53% of total revenue in the third quarter of 2011. Revenue from the online, direct sales channel totaled $65.0 million, and represented 47% of total revenue in the third quarter of 2011. GAAP net loss for the third quarter was $1.6 million, compared to net income of $4.0 million for the third quarter of 2010.

Senior Vice President, Operations & Engineering David Henke sold 77,000 shares of LNKD stock on 11/22/2011 at the average price of 68.94. The price of the stock has decreased by 8.5% since.

Salesforce.com Inc. (CRM): Executive Vice President, Technology Parker Harris sold 51,400 Shares

Executive Vice President, Technology of Salesforce.com Inc. (CRM) Parker Harris sold 51,400 shares on 11/22/2011 at an average price of $104.93.

Salesforce.com is the market and technology leader in on-demand business services. Salesforce.com Inc. has a market cap of $14.22 billion; its shares were traded at around $104.93 with a P/E ratio of 327.8 and P/S ratio of 8.6.

On Nov. 17, 2011 Salesforce.com announced results for its fiscal third quarter ended Oct. 31, 2011. Salesforce.com delivered the following results for its fiscal third quarter: Revenue: Total Q3 revenue was $584 million, an increase of 36% on a year-over-year basis. Subscription and support revenues were $549 million, an increase of 36% on a year-over-year basis. Professional services and other revenues were $35 million, an increase of 34% on a year-over-year basis. Earnings Per Share: Q3 GAAP net loss per share was ($0.03), and non-GAAP diluted earnings per share increased 6% year-over-year to $0.34.

Executive Vice President, Technology Parker Harris sold 51,400 shares of CRM stock on 11/22/2011 at the average price of 109.01. Parker Harris owns at least 498,087 shares after this. The price of the stock has decreased by 3.74% since.

Yahoo! Inc. (YHOO): Chief Yahoo David Filo sold 366,500 Shares

Chief Yahoo of Yahoo! Inc. (YHOO) David Filo sold 366,500 shares on 11/21/2011 at an average price of $15.1.

Yahoo! Inc. is a global Internet communications, commerce and media company that offers a comprehensive branded network of services. Yahoo! Inc. has a market cap of $19.07 billion; its shares were traded at around $15.1 with a P/E ratio of 17.8 and P/S ratio of 3.

Yahoo! Inc. reported results for the quarter ended Sept. 30, 2011. Revenue excluding traffic acquisition costs ("revenue ex-TAC") was $1,072 million for the third quarter of 2011, a 5% decrease from the third quarter of 2010. Income from operations decreased 6% to $177 million in the third quarter of 2011, compared to $189 million in the third quarter of 2010. The year over year decreases were primarily due to the revenue share related to the Search Agreement with Microsoft. GAAP revenue was $1,217 million for the third quarter of 2011, a 24% decrease from the third quarter of 2010, primarily due to the required change in revenue presentation related to the Search Agreement and the associated revenue share with Microsoft. Net earnings per diluted share decreased 21% to $0.23 in the third quarter of 2011, compared to $0.29 in the third quarter of 2010.

Chief Yahoo David Filo sold 166,500 shares of YHOO stock on 10/24/2011 at the average price of $16.56. David Filo owns at least 72,862,390 shares after this. The price of the stock has decreased by 8.82% since.

For the complete list of stocks that bought/sold by their company executives, go to: Insider Buys.
  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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