Top Insider Sells of the Past Week

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Jul 05, 2013
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The following companies reported significant insider sells over the past week. These transactions represent the largest insider sells of the week in terms of transaction amount as well as amount of insiders selling.

Adobe Systems (ADBE)


In the past week, six insiders have made sells of their holdings in Adobe Systems. These sells come as the company’s share prices continue to exceed the 10-year high.

The insiders that made sells during the past week include: Executive VP of WW Field Operations Matthew Thompson, Co-Chairman of the Board John Warnock, CFO and Executive VP Mark Garrett, Director James Daley, President and CEO Shantanu Narayen and VP of Corporate Affairs and PAO Richard Rowley.

The six insiders sold a total of 664,155 shares of their company’s stock in the price range of $45.31 to $46.65. Since the most recent sell on July 2, the price per share has increased 1.06%. Insider selling has increased as the price exceeds its former highs.



Adobe is a global software company. The Company offers a line of software and services used by creative professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences across multiple operating systems, devices and media.

Adobe’s historical price, revenue and net income:

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The [url=http://www.gurufocus.com/analysis/ADBE]analysis on Adobe reports:

- The revenue has slowed over the past year.

- The price is near a 10-year high of $47.88.

- The P/S ratio is near a 3-year high of 5.42.

The [/url]Peter Lynch Valuation Method shows that Adobe currently appears to be overvalued:

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Adobe Systems has a market cap of $23.56 billion; its shares were traded at around $46.90 with a P/E ratio of 42.10 and a P/S ratio of 5.60. The company had an annual average earnings growth of 12.3% over the past 10 years. GuruFocus rated the company the business predictability rank of 3.5-star.

There are currently eight gurus that hold a position in Adobe. Click here to see their holding histories.

Facebook (FB)

This past week three insiders made sells of their holdings in Facebook.

Chief Accounting Officer Jas Athwal sold a small 125 shares of company stock at an average price of $24.22 per share. This brought in $3,028 for Athwal. Since his sell, the price per share has increased 0.58%. He now holds on to at least 176,121 shares of company stock.

CFO David Ebersman made a much larger sell, selling 23,400 shares of FB stock at an average price of $24.46 per share. This raked in a total of $572,364 for the CFO. Since his sell, the price per share has dropped -0.41%. Ebersman still holds over 2.2 million shares of Facebook stock.

The largest sell of the week was made by Chief Technology Officer, Michael Todd Schroepfer. Schroepfer sold a total of 45,000 of the company’s shares at $24.83 per share. This raked in $1,117,350 for the CTO. Since his sell, the price per share has dropped approximately 1.89%. Schroepfer still holds over 1 million shares of Facebook stock.



Facebook is a social media website which allows people to upload pictures, comments, videos, etc. which in turn allows people to keep up with old friends and get to know new people they’ve met a little better. Facebook’s mission is to give people the power to share and to make the world more open and connected.

Facebook’s historical price, revenue and net income:

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Facebook has a market cap of $58.9 billion; its shares were traded at around $24.36 with a P/E ratio of 522.90 and a P/S ratio of 10.70.

There are currently 11 gurus that hold a position in Facebook. Click here to see these gurus’ holding histories.

Gilead Sciences (GILD)

Four insiders have made significant sells this past week as the price of Gilead Sciences shares is sitting around its 10-year high.

Director John Cognan sold 17,000 shares at $51.66 for a total transaction amount of $878,220. Since his sell, the price per share has gone up an additional 3.08%. Cognan still holds on to 39,542 shares of company stock.

Senior VP and CFO Robin Washington sold 45,600 shares at an average price of $52.01 per share. This brought in a total of $2,371,656 for Washington. Since the sell, the price per share has increased approximately 2.38%. Washington now holds over 27,130 shares of company stock.

Executive VP of Corporate and Medical Affairs Gregg Alton sold 30,000 shares at $52.09 per share. This brought in $1,562,700 for the VP. Since his sell, the price per share has increased approximately 2.23%. Alton now holds on to at least 55,938 shares.

Chairman and CEO John Martin sold the largest amount this week, selling a total of 282,242 shares at an average price of $52 per share. This raked in a very large $14,676,584 for the CEO. Since his sell, the price per share has increased approximately 2.4%. Despite his large sell, Martin still holds on to over 4 million shares of Gilead.



Gilead is a research-based biopharmaceutical company that discovers, develops and commercializes innovative medicines in areas of unmet medical need. With each new discovery and experimental drug candidate, it seeks to improve the care of patients suffering from life-threatening diseases around the world.

Gilead’s historical price, revenue and net income:

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The [url=http://www.gurufocus.com/analysis/GILD]analysis on the company reports:

· The revenue has slowed in the past year.

· The company has issued $6.2 billion in debt over the past three years.

· The P/S ratio is close to a 3- year high of 9.11.

· The price is close to its 10-year high of $56.30.

Gilead Science has a market cap of $81.29 billion; its shares were traded at around $53.29 with a P/E ratio of 29.90 and a P/S ratio of 8.60. The company had an annual average earnings growth of 16.3% over the past five years.

Dish Network ([/url]DISH)

Two insiders made notable sells of their holdings in Dish Network on July 1.

Senior VP and Corporate Controller Paul Orban sold a total of 5,210 shares at $42.57 per share. This brought in a total of $221,789.70 for the VP. Since his sell, shares are trading up approximately 1.03%. Orban still owns 414 shares of Dish Network.

Executive VP and General Counsel Stanton Dodge sold 20,000 shares of Dish stock at approximately $43.04 per share. This raked in $860,800 for the VP. Since his sell, the price per share has decreased approximately 0.07%. Dodge still holds a total of 3,280 shares of company stock.



Dish Network Corp., through its subsidiaries, operates the DISH Network direct broadcast satellite subscription television service in the U.S.

Dish Network’s historical price, revenue and net income:

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Dish Network has a market cap of $19.56 billion; its shares were traded at around $43.01 with a P/E ratio of 39.60 and a P/S ratio of 1.40. Dish Network had an annual average earnings growth of 11.1% over the past ten years.

There are currently nine gurus that hold a position in Dish Network. Click here to see their holding histories.

You can view the complete list of insider sells here.