Weekly Top Insider Sells: GOOG, TIF, SWN, and AZO

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Oct 01, 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 203,193 Shares

Executive Chairman of Board of Google Inc. (GOOG) Eric E. Schmidt sold 203,193 shares during the past week at an average price of $754.38.

Google Inc. is a technology company that provides a web based search engine through its website. Google Inc. has a market cap of $240.04 billion; its shares were traded at around $754.38 with a P/E ratio of 21.5 and P/S ratio of 6.3. 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 July 19, 2012 Google Inc. announced financial results for the quarter ended June 30, 2012. Google Inc. completed its acquisition of Motorola Mobility Holdings Inc. (Motorola) on May 22, 2012 (the acquisition date). Google Inc. reported consolidated revenues of $12.21 billion for the quarter ended June 30, 2012, an increase of 35% compared to the second quarter of 2011. Google Inc. reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the second quarter of 2012, TAC totaled $2.60 billion, or 25% of advertising revenues.

Executive Chairman of Board Eric E. Schmidt sold 22,001 shares of GOOG stock on 09/25/2012 at the average price of $756.96. Eric E. Schmidt owns at least 57,701 shares after this. The price of the stock has decreased by 0.34% since.

Tiffany & Co. (TIF, Financial): Director Peter W. May sold 381,160 Shares

Director of Tiffany & Co. (TIF) Peter W. May sold 381,160 shares on 09/21/2012 at an average price of $61.88.

Tiffany & Co. operates jewelry and specialty retail stores and manufactures products through its subsidiary corporations. Tiffany & Co. has a market cap of $8.05 billion; its shares were traded at around $61.88 with a P/E ratio of 18.4 and P/S ratio of 2.2. The dividend yield of Tiffany & Co. stocks is 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 Aug. 27, 2012, Tiffany & Co. reported that in its second quarter the company earned $92 million, or $0.72 per diluted share, on worldwide net sales of $887 million. Net earnings rose 2% to $92 million, or $0.72 per diluted share, versus $90 million, or $0.69 per diluted share, in 2011's second quarter.

Executive Vice President Jon M. King sold 10,000 shares of TIF stock on 09/14/2012 at the average price of $65.25. Jon M. King owns at least 30,823 shares after this. The price of the stock has decreased by 5.16% since.

Southwestern Energy Company (SWN, Financial): Executive Vice President and CFO Gregory D. Kerley sold 247,218 Shares

Executive Vice President and CFO of Southwestern Energy Company (SWN) Gregory D. Kerley sold 247,218 shares on 09/26/2012 at an average price of $34.79.

Southwestern Energy Company is an energy company primarily focused on natural gas. Southwestern Energy Company has a market cap of $11.87 billion; its shares were traded at around $34.79 with a P/E ratio of 22.4 and P/S ratio of 4. 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 Vello A. Kuuskraa sold 6,000 shares of SWN stock on 09/14/2012 at the average price of $35.33. Vello A. Kuuskraa owns at least 119,410 shares after this. The price of the stock has decreased by 1.53% since.

AutoZone Inc. (AZO, Financial): Corporate Development Officer Robert D. Olsen sold 13,000 Shares

Corporate Development Officer of AutoZone Inc. (AZO) Robert D. Olsen sold 13,000 shares on 09/26/2012 at an average price of $369.67.

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 $13.92 billion; its shares were traded at around $369.67 with a P/E ratio of 15.8 and P/S ratio of 1.6. AutoZone Inc. had an annual average earnings growth of 17.3% over the past 10 years. GuruFocus rated AutoZone Inc. the business predictability rank of 4-star.

AutoZone Inc. reported net sales of $2.8 billion for its fourth quarter (16 weeks) ended Aug. 25, 2012, an increase of 4.6% from the fourth quarter of fiscal 2011 (16 weeks). Domestic same store sales, or sales for stores open at least one year, increased 2.1% for the quarter. Net income for the quarter increased $22.3 million, or 7.4%, over the same period last year to $323.7 million, while diluted earnings per share increased 17.8% to $8.46 per share from $7.18 per share in the year-ago quarter. For the quarter, gross profit, as a percentage of sales, was 51.8% (versus 51.2% for last year's quarter).

Director Robert R. Grusky sold 726 shares of AZO stock on 09/21/2012 at the average price of $373.41. Robert R. Grusky owns at least 1,113 shares after this. The price of the stock has decreased by 1% since.

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