Weekly Top Insider Sells: TIF, AZO, ULTA, V, COST

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Jun 25, 2012
According to GuruFocus Insider Data, these are the largest insider sells during the past week. The overall trend of insiders is illustrated in the chart below:





Tiffany & Co (TIF, Financial): Director Peter W. May sold 1,380,000 Shares


Director of Tiffany & Co (TIF) Peter W. May sold 1,380,000 shares on 06/18/2012 at an average price of $52.26.


Tiffany & Co. operates jewelry and specialty retail stores and manufactures products through its subsidiary corporations. Tiffany & Co. has a market cap of $6.77 billion; its shares were traded at around $52.26 with a P/E ratio of 14.9 and P/S ratio of 1.9. The dividend yield of Tiffany & Co. stocks is 2.2%. Tiffany & Co. had an annual average earnings growth of 9.5% over the past 10 years. GuruFocus rated Tiffany & Co. the business predictability rank of 4-star.


On May 24 2012, Tiffany & Co. reported its financial results for the three-month period ended April 30, 2012. Worldwide net sales increased 8% to $819 million. Net earnings increased 1% to $82 million, or $0.64 per diluted share, versus $81 million, or $0.63 per diluted share, in 2011.


Principal COO James N. Fernandez sold 1,400 shares of TIF stock on 03/29/2012 at the average price of $69.51. James N. Fernandez owns at least 63,578 shares after this. The price of the stock has decreased by 24.82% since.


AutoZone Inc. (AZO, Financial): Corporate Development Officer Robert D. Olsen sold 45,000 Shares


Corporate Development Officer of AutoZone Inc. (AZO) Robert D. Olsen sold 45,000 shares on 06/14/2012 at an average price of $381.93.


AutoZone is the nation's specialty retailer of automotive parts and accessories, primarily focusing on do-it-yourself customers. AutoZone Inc. has a market cap of $14.67 billion; its shares were traded at around $381.93 with a P/E ratio of 17.3 and P/S ratio of 1.8. AutoZone Inc. had an annual average earnings growth of 18.2% over the past 10 years. GuruFocus rated AutoZone Inc. the business predictability rank of 5-star.


On May 22, 2012 AutoZone Inc. reported net sales of $2.1 billion for its third quarter (12 weeks) ended May 5, 2012, an increase of 6.7% from the third quarter of fiscal 2011 (12 weeks). Domestic same store sales, or sales for stores open at least one year, increased 3.9% for the quarter. Net income for the quarter increased $21.2 million, or 9.3%, over the same period last year to $248.6 million, while diluted earnings increased 18.6% to $6.28 per share from $5.29 per share in the year-ago quarter.


Corporate Development Officer Robert D. Olsen sold 5,000 shares of AZO stock on 06/08/2012 at the average price of $385.76. Robert D. Olsen owns at least 31,732 shares after this. The price of the stock has decreased by 0.99% since.


Ulta Salon, Cosmetics & Fragrance Inc. (ULTA, Financial): Director Dennis K. Eck sold 146,233 Shares


Director of Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) Dennis K. Eck sold 146,233 shares on 06/19/2012 at an average price of $95.59.


ULTA is the largest beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the U.S. Ulta Salon, Cosmetics & Fragrance Inc. has a market cap of $6.01 billion; its shares were traded at around $95.59 with a P/E ratio of 46.3 and P/S ratio of 3.4.


On June 5, 2012, Ulta Beauty announced financial results for the thirteen week period (“First Quarter”) ended April 28, 2012, which compares to the same period ended April 30, 2011. Net sales increased 22.8% to $474.1 million from $386.0 million in the first quarter of fiscal 2011. Operating income increased 47.1% to $57.4 million, or 12.1% of net sales, compared to $39.1 million, or 10.1% of net sales, in the first quarter of fiscal 2011; Net income increased 49.7% to $34.9 million compared to $23.3 million in the first quarter of fiscal 2011; Income per diluted share increased 45.9% to $0.54 compared to $0.37 in the first quarter of fiscal 2011.


Director Charles Heilbronn sold 8,050,000 shares of ULTA stock on 05/15/2012 at the average price of $81.06. Charles Heilbronn owns at least 3,151,970 shares after this. The price of the stock has increased by 17.92% since.


Visa Inc. A (V, Financial): CFO Byron H. Pollitt Jr. sold 85,000 Shares


CFO of Visa Inc. A (V) Byron H. Pollitt Jr. sold 85,000 shares on 06/15/2012 at an average price of $123.91.


VISA operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa Inc. A has a market cap of $96.38 billion; its shares were traded at around $123.91 with a P/E ratio of 21.1 and P/S ratio of 10.5. The dividend yield of Visa Inc. A stocks is 0.7%.


On May 2, 2012 Visa Inc. announced financial results for the company's fiscal second quarter 2012 ended March 31, 2012. GAAP net income for the quarter, inclusive of a one-time non-cash benefit related to the remeasurement of existing net deferred tax liabilities, was $1.3 billion.


President John Partridge sold 115,000 shares of V stock on 03/30/2012 at the average price of $118.2. John Partridge owns at least 60,616 shares after this. The price of the stock has increased by 4.83% since.


Costco Wholesale Corporation (COST, Financial): Chairman of the Board Jeffrey H. Brotman sold 102,244 Shares


Chairman of the Board of Costco Wholesale Corporation (COST) Jeffrey H. Brotman sold 102,244 shares on 06/20/2012 at an average price of $90.92.


Costco Wholesale Corp. operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise categories will produce high sales volumes and rapid inventory turnover. Costco Wholesale Corporation has a market cap of $39.62 billion; its shares were traded at around $90.92 with a P/E ratio of 25 and P/S ratio of 0.5. The dividend yield of Costco Wholesale Corporation stocks is 1.2%. Costco Wholesale Corporation had an annual average earnings growth of 9.3% over the past 10 years. GuruFocus rated Costco Wholesale Corporation the business predictability rank of 5-star.


On May 24, 2012 Costco Wholesale Corporation announced its operating results for the third quarter (twelve weeks) and first thirty-six weeks of fiscal 2012, both ended May 6, 2012. Net sales for the quarter increased eight percent, to $21.85 billion, from $20.19 billion last year. Net sales for the first thirty-six weeks increased ten percent, to $65.54 billion, from $59.46 billion last year. Net income for the quarter was $386 million, or $.88 per diluted share, compared to $324 million, or $.73 per diluted share, last year. Net income for the first thirty-six weeks was $1.100 billion, or $2.50 per diluted share, compared to $984 million, or $2.22 per diluted share, last year. The quarter this year included a $6.5 million pre-tax LIFO charge ($.01 per diluted share) compared to a $49 million pre-tax LIFO charge ($.07 per diluted share) last year.


Executive Vice President John D. McKay sold 4,000 shares of COST stock on 03/08/2012 at the average price of $88. John D. McKay owns at least 53,351 shares after this. The price of the stock has increased by 3.32% since.


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