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Weekly Top Insider Sells: DVA, SWN, CVX, FIS, and COST

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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:



DaVita Inc. (DVA): Chairman and Chief Executive Officer Kent J. Thiry sold 320,877 Shares

Chairman & Chief Executive Officer of DaVita Inc. (DVA) Kent J. Thiry sold 320,877 shares on 08/08/2012 at an average price of $96.65.

DaVita Inc. is one of the largest providers of high-quality dialysis and related services for patients suffering from chronic kidney failure, also known as end stage renal disease. Davita Inc. has a market cap of $9.09 billion; its shares were traded at around $96.65 with a P/E ratio of 16.17 and P/S ratio of 1.3. Davita Inc. had an annual average earnings growth of 17.8% over the past 10 years. GuruFocus rated Davita Inc. the business predictability rank of 3.5-star.

On Aug. 1, 2012 DaVita Inc. announced results for the quarter ended June 30, 2012. Net income attributable to DaVita Inc. for the three and six months ended June 30, 2012 was $142.9 million and $283.0 million, or $1.49 and $2.96 per share, respectively, excluding an after-tax legal proceeding contingency accrual and related expenses of$47.6 million, or $0.50 per share.

Director Roger Valine sold 31,181 shares of DVA stock on 08/07/2012 at the average price of 97.3. Roger Valine owns at least 6,695 shares after this. The price of the stock has decreased by 0.67% since.

Southwestern Energy Company (SWN): Director Harold M. Korell sold 390,192 Shares

Director of Southwestern Energy Company (SWN) Harold M. Korell sold 390,192 shares on 08/08/2012 at an average price of $32.05.

Southwestern Energy Company is an energy company primarily focused on natural gas. Southwestern Energy Company has a market cap of $11.19 billion; its shares were traded at around $32.05 with a P/E ratio of 21.08 and P/S ratio of 3.79. Southwestern Energy Company had an annual average earnings growth of 26% over the past 10 years. GuruFocus rated Southwestern Energy Company the business predictability rank of 3.5-star.

On Aug. 2, 2012 Southwestern Energy Company announced its financial and operating results for the second quarter of 2012. For the second quarter of 2012, Southwestern reported a net loss of $488.1 million, or $1.40 per diluted share. The net loss for the three months ended June 30, 2012 included a $935.9 million non-cash ceiling test impairment ($578.9 million net of taxes) of the company’s natural gas and oil properties resulting from lower natural gas prices.

Director Robert L. Howard sold 64,000 shares of SWN stock on 03/08/2012 at the average price of $33.59. Robert L. Howard owns at least 156,070 shares after this. The price of the stock has decreased by 4.58% since.

Chevron Corporation (CVX): Vice Chairman and Executive Vice President George L. Kirkland sold 110,000 Shares

Vice Chairman and Executive Vice President of Chevron Corporation (CVX) George L. Kirkland sold 110,000 shares on 08/07/2012 at an average price of $113.55.

Chevron is the fifth-largest integrated energy company in the world. Chevron Corporation has a market cap of $224 billion; its shares were traded at around $113.55 with a P/E ratio of 8.45 and P/S ratio of 0.88. The dividend yield of Chevron Corporation stocks is 3.17%. Chevron Corporation had an annual average earnings growth of 14.7% over the past 10 years. GuruFocus rated Chevron Corporation the business predictability rank of 2.5-star.

On July 27, 2012Chevron Corporation reported earnings of $7.2 billion ($3.66 per share – diluted) for the second quarter 2012, compared with $7.7 billion ($3.85 per share – diluted) in the 2011 second quarter.

Executive Vice President James R. Blackwell sold 3,232 shares of CVX stock on 02/17/2012 at the average price of $107.06. James R. Blackwell owns at least 8,958 shares after this. The price of the stock has increased by 6.06% since.

Fidelity National Information Services (FIS): Director Thomas M. Hagerty sold 336,218 Shares

Director of Fidelity National Information Services (FIS) Thomas M. Hagerty sold 336,218 shares on 08/06/2012 at an average price of $31.06.

Certegy Inc. provides credit, debit and merchant card processing, e-banking, check risk management and check cashing services to financial institutions and merchants worldwide. Fidelity National Information Services has a market cap of $9.16 billion; its shares were traded at around $31.06 with a P/E ratio of 12.68 and P/S ratio of 1.59. The dividend yield of Fidelity National Information Services stocks is 2.58%. Fidelity National Information Services had an annual average earnings growth of 4.1% over the past 10 years.

On July 17, 2012 FIS reported financial results for the quarter ended June 30, 2012. Revenue from continuing operations increased 3.1% to $1.46 billion in the second quarter of 2012, compared to $1.41 billion in the second quarter of 2011. GAAP net earnings from continuing operations attributable to common stockholders totaled $155.8 million, or $0.52 per diluted share, in the second quarter of 2012, compared to $126.6 million, or $0.41 per diluted share, in the prior year quarter.

Director William P. Foley II sold 237,444 shares of FIS stock on 06/20/2012 at the average price of $33.63. William P. Foley II owns at least 775,500 shares after this. The price of the stock has decreased by 7.64% since.

Costco Wholesale Corporation (COST): Director James D. Sinegal sold 100,000 Shares

Director of Costco Wholesale Corporation (COST) James D. Sinegal sold 100,000 shares on 08/07/2012 at an average price of $95.3.

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 $41.2 billion; its shares were traded at around $95.3 with a P/E ratio of 26.04 and P/S ratio of 0.46. The dividend yield of Costco Wholesale Corporation stocks is 1.15%. 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.

Chairman of the Board Jeffrey H. Brotman sold 102,244 shares of COST stock on 06/20/2012 at the average price of $91.52. Jeffrey H. Brotman owns at least 713,218 shares after this. The price of the stock has increased by 4.13% 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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