Weekly Top Insider Sells: GOOG, STZ, USA, BRCM, FDX

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Jul 09, 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:


Google Inc. (GOOG, Financial): Executive Chairman of Board Eric E. Schmidt sold 19,400 Shares


Executive Chairman of Board of Google Inc. (GOOG) Eric E. Schmidt sold 19,400 shares on 06/29/2012 at an average price of $585.98.


Google is a public and profitable company focused on search services. Google Inc. has a market cap of $189.11 billion; its shares were traded at around $585.98 with a P/E ratio of 17.6 and P/S ratio of 5. Google Inc. had an annual average earnings growth of 51.9% over the past 10 years. GuruFocus rated Google Inc. the business predictability rank of 2.5-star.


On April 12, 2012 Google Inc. announced financial results for the quarter ended March 31, 2012. Google reported revenues of $10.65 billion for the quarter ended March 31, 2012, an increase of 24% compared to the first quarter of 2011.


Director John L. Hennessy sold 150 shares of GOOG stock on 07/02/2012 at the average price of $580.62. John L. Hennessy owns at least 5,509 shares after this. The price of the stock has increased by 0.92% since.


Constellation Brands Inc. (STZ, Financial): Executive Vice President and Chief HR/Admin Officer W. Keith Wilson sold 246,795 Shares


Executive Vice President and Chief HR/Admin Officer of Constellation Brands, Inc. (STZ) W Keith Wilson sold 246,795 shares on 07/02/2012 at an average price of $28.47.


Constellation Brands Inc. is a international producer and marketer of beverage alcohol brands, with a broad portfolio across the wine, spirits and imported beer categories. Constellation Brands Inc. has a market cap of $5.11 billion; its shares were traded at around $28.47 with a P/E ratio of 11.4 and P/S ratio of 1.9.


On June 29, 2012 Constellation Brands Inc. reported its first quarter 2013 results and details relating to two acquisitions that are expected to positively position the company for the future. The company's equity earnings from its 50 percent interest in the Crown joint venture totaled $61 million compared to $60 million from the prior year first quarter. For first quarter 2013, Crown generated net sales of $724 million, an increase of seven percent, and operating income of $123 million, an increase of three percent. The increase in net sales was largely driven by volume growth. The increase in operating income primarily reflects the volume growth partially offset by a timing-related increase in marketing costs and a contractual product cost increase.


Executive Vice President and Chief HR/Admin Officer W. Keith Wilson sold 35,987 shares of STZ stock on 05/01/2012 at the average price of $21.88. W. Keith Wilson owns at least 26,702 shares after this. The price of the stock has increased by 30.12% since.


SXC Health Solutions Corp. (USA, Financial) (SXCI): Executive Vice President Market Segments Richard A. Bates sold 53,673 Shares


Executive Vice President Market Segments of SXC Health Solutions Corp. (USA) (SXCI) Richard A. Bates sold 53,673 shares on 07/03/2012 at an average price of $95.41.


SXC HEALTH SOLUTIONS Corp. provides pharmacy benefits management services and healthcare IT solutions to the healthcare benefits management industry. SXC Health Solutions Corp. (usa) has a market cap of $6.84 billion; its shares were traded at around $95.41 with a P/E ratio of 54.5 and P/S ratio of 1.4. SXC Health Solutions Corp. (usa) had an annual average earnings growth of 47.8% over the past five years.


On May 3, 2012 SXC Health Solutions Corp. announces its financial results for the three-month period ended March 31, 2012. Gross profit for Q1 2012 increased $46.8 million, or 73.6%, to $110.4 million compared to $63.6 million in Q1 2011, mostly due to incremental PBM revenues generated from new customer starts in 2012 and the HealthTran acquisition.


Corporate Secretary Clifford E. Berman sold 12,500 shares of SXCI stock on 03/19/2012 at the average price of $72.38. Clifford E. Berman owns at least 5,982 shares after this. The price of the stock has increased by 31.82% since.


Broadcom Corporation (BRCM, Financial): Chairman of the Board and CTO Henry Samueli sold 150,000 Shares


Chairman of the Board and CTO of Broadcom Corporation (BRCM) Henry Samueli sold 150,000 shares on 07/02/2012 at an average price of $32.59.


Broadcom Corporation is a developer of highly integrated siliconsolutions that enable broadband digital data transmission to the home and within the business enterprise. Broadcom Corporation has a market cap of $18.6 billion; its shares were traded at around $32.59 with a P/E ratio of 18.8 and P/S ratio of 2.5. The dividend yield of Broadcom Corporation stocks is 0.3%. Broadcom Corporation had an annual average earnings growth of 43.5% over the past five years.


On May 1 2012, Broadcom Corporation reported unaudited financial results for its first quarter ended March 31, 2012. Net revenue for the first quarter of 2012 was $1.827 billion. This represents an increase of 0.4% compared with the $1.820 billion reported for the fourth quarter of 2011 and an increase of 0.6% compared with the $1.816 billion reported for the first quarter of 2011. Net income for the first quarter of 2012 was $88 million, or $.15 per share (diluted), compared with GAAP net income of $254 million, or $.45 per share (diluted), for the fourth quarter of 2011 and GAAP net income of $228 million, or $.40 per share (diluted), for the first quarter of 2011.


Chairman of the Board and CTO Henry Samueli sold 50,000 shares of BRCM stock on 06/07/2012 at the average price of $35. Henry Samueli owns at least 239,445 shares after this. The price of the stock has decreased by 6.89% since.


FedEx Corporation (FDX, Financial): Executive Vice President Chief Financial Officer Alan B. Graf Jr. sold 50,000 Shares


Executive Vice President Chief Financial Officer of FedEx Corporation (FDX) Alan B. Graf Jr. sold 50,000 shares on 07/02/2012 at an average price of $91.25.


FedEx Corporation is a global transportation and logistics enterprise that offers customers a one-stop source for global shipping, logistics and supply chain solutions. FedEx Corporation has a market cap of $28.89 billion; its shares were traded at around $91.25 with a P/E ratio of 13.9 and P/S ratio of 0.7. The dividend yield of FedEx Corporation stocks is 0.6%. FedEx Corporation had an annual average earnings growth of 0.5% over the past 10 years.


On June 19, 2012 FedEx Corp. reported earnings of $1.73 per diluted share for the fourth quarter ended May 31, which includes a previously announced $0.26 per diluted share non-cash aircraft impairment charge at FedEx Express.


CVP PRIN ACCT OFFICER John L Merino sold 4,000 shares of FDX stock on 01/19/2012 at the average price of $91.89. John L. Merino owns at least 19,236 shares after this. The price of the stock has decreased by 0.7% since.


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