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Weekly Top Insider Sells: INTU, GOOG, SPG, AMP, and NTAP

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

Intuit Inc. (INTU): Director David H Batchelder sold 1,620,667 Shares

Director of Intuit Inc. (INTU) David H Batchelder sold 1,620,667 shares during the past week at an average price of $52.59.

Intuit's mission is to revolutionize how people manage their financialactivities. Intuit Inc. has a market cap of $15.82 billion; its shares were traded at around $52.59 with a P/E ratio of 24 and P/S ratio of 4.1. The dividend yield of Intuit Inc. stocks is 1.1%. 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 November 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. 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 Jan. 10.

Director Dennis D Powell sold 72,500 shares of INTU stock on 12/09/2011 at the average price of 53.16. Dennis D Powell owns at least 10,170 shares after this. The price of the stock has decreased by 1.07% since.

Google Inc. (GOOG): Executive Chairman of Board Eric E Schmidt sold 44,554 Shares

Executive Chairman of Board of Google Inc. (GOOG) Eric E Schmidt sold 44,554 shares on 12/23/2011 at an average price of $645.9.

Google is a public and profitable company focused on search services. Google Inc. has a market cap of $209.2 billion; its shares were traded at around $645.9 with a P/E ratio of 21 and P/S ratio of 7.1. Google Inc. had an annual average earnings growth of 58.4% over the past 10 years.

On October 13, 2011, Google Inc. announced financial results for the quarter ended September 30, 2011. Google reported revenues of $9.72 billion for the quarter ended September 30, 2011, an increase of 33% compared to the third quarter of 2010. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the third quarter of 2011, TAC totaled $2.21 billion, or 24% of advertising revenues.

Executive Chairman of Board Eric E Schmidt sold 44,554 shares of GOOG stock on 10/28/2011 at the average price of 600.5. Eric E Schmidt owns at least 46,983 shares after this. The price of the stock has increased by 7.56% since.

Simon Property Group Inc. (SPG): Chairman Emeritus of the Board Herbert Simon sold 153,827 Shares

Chairman Emeritus of the Board of Simon Property Group Inc. (SPG) Herbert Simon sold 153,827 shares on 12/22/2011 at an average price of $128.94.

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust which, through its subsidiary partnerships, is engaged in the ownership, development, management, leasing, acquisition and expansion of income-producing properties, primarily regional malls and community shopping centers. Simon Property Group Inc. has a market cap of $37.88 billion; its shares were traded at around $128.94 with a P/E ratio of 19 and P/S ratio of 9.6. The dividend yield of Simon Property Group Inc. stocks is 2.7%. Simon Property Group Inc. had an annual average earnings growth of 3.2% over the past 10 years.

On Oct. 25, 2011 Simon Property Group, Inc.reported results for the quarter ended September 30, 2011. Net income attributable to common stockholders was $274.0 million, or $0.93 per diluted share, as compared to $230.6 million, or $0.79 per diluted share, in the prior year period. The increase on a per share basis was 17.7%.

Funds from Operations ("FFO") was $606.2 million, or $1.71 per diluted share, as compared to $318.5 million, or $0.90 per diluted share, in the prior year period. Third quarter 2010 FFO as adjusted for a debt extinguishment charge was $503.6 million or $1.43 per diluted share. The increase on an as adjusted per share basis was 19.6%.

Chairman Emeritus of the Board Herbert Simon sold 121,824 shares of SPG stock on 11/11/2011 at the average price of 128.09. Herbert Simon owns at least 1,436,167 shares after this. The price of the stock has increased by 0.66% since.

Ameriprise Financial (AMP): Exec VP of Serv Del & Tech Glen Salow sold 363,700 Shares

Exec VP of Serv Del & Tech of Ameriprise Financial (AMP) Glen Salow sold 363,700 shares on 12/22/2011 at an average price of $49.64.

AMERIPRISE FINANCIAL, INC. is a financial planning and services company with financial advisors and registered representatives that provides solutions for clients' asset accumulation, income management and insurance protection needs. Ameriprise Financial has a market cap of $11.23 billion; its shares were traded at around $49.64 with a P/E ratio of 10.1 and P/S ratio of 1.1. The dividend yield of Ameriprise Financial stocks is 1.8%.

On October 26, 2011 Ameriprise Financial, Inc. reported third quarter 2011 net income from continuing operations attributable to Ameriprise Financial of $271 million, or $1.12 per diluted share, compared to $346 million, or $1.33 per diluted share, a year ago. Operating earnings were $251 million, or $1.04 per diluted share, compared to $352 million, or $1.35 per diluted share, a year ago.

Exec VP of Serv Del & Tech Glen Salow sold 363,700 shares of AMP stock on 12/22/2011 at the average price of 50. Glen Salow owns at least 127,819 shares after this. The price of the stock has decreased by 0.72% since.

NetApp Inc. (NTAP): Director Daniel J Warmenhoven sold 217,593 Shares

Director of NetApp Inc. (NTAP) Daniel J Warmenhoven sold 217,593 shares during the past week at an average price of $36.27.

NetApp Inc., formerly Network Appliance, Inc., is a provider of innovative data management solutions that simplify the complexity of storing, managing, protecting, and retaining enterprise data. Netapp Inc. has a market cap of $13.36 billion; its shares were traded at around $36.27 with a P/E ratio of 19.9 and P/S ratio of 2.6. Netapp Inc. had an annual average earnings growth of 22.8% over the past 10 years. GuruFocus rated Netapp Inc. the business predictability rank of 3-star.

On November 16, 2011 NetApp reported results for the second quarter of fiscal year 2012, which ended October 28, 2011. Revenues for the second quarter of fiscal year 2012 totaled $1.507 billion compared to revenues of $1.251 billion for the same period one year ago. For the second quarter of fiscal year 2012, GAAP net income was $165.6 million, or $0.44 per share, compared to GAAP net income of $175.4 million, or $0.45 per share, for the same period a year ago.

Matthew K Fawcett owns at least 214 shares after this. The price of the stock has increased by 4.68% 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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