GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Weekly Top Insider Sells

August 19, 2013 | About:
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:



Activision Blizzard Inc. (ATVI): COO Thomas Tippl Sold 1,318,747 Shares

COO of Activision Blizzard Inc. (ATVI) Thomas Tippl sold 1,318,747 shares on 08/13/2013 at an average price of $17.30.

Activision Inc. was originally incorporated in California in 1979 and was reincorporated in Delaware in December 1992. Activision Blizzard Inc. has a market cap of $19.37 billion; its shares were traded at around $17.30 with a P/E ratio of 14.25 and P/S ratio of 3.90. The dividend yield of Activision Blizzard Inc. stocks is 1.10%. Activision Blizzard Inc. had an annual average earnings growth of 14.1% over the past 10 years. GuruFocus rated Activision BlizzardInc. the business predictability rank of 2-star.

On Aug. 1, 2013 Activision Blizzard Inc. announced financial results for the second quarter of 2013. For the quarter ended June 30, 2013, Activision Blizzard’s GAAP net revenues were $1.05 billion, as compared with $1.08 billion for the second quarter of 2012. On a non-GAAP basis, the company’s net revenues were $608 million, as compared with $1.05 billion for the second quarter of 2012. For the second quarter, GAAP net revenues from digital channels were $387 million and represented 37% of the company’s total revenues. On a non-GAAP basis, net revenues from digital channels were $383 million and represented a record 63% of the company’s total revenues.

COO Thomas Tippl sold 273,507 shares of ATVI stock on 08/06/2013 at the average price of $17.77. Thomas Tippl owns at least 654,892 shares after this. The price of the stock has decreased by 2.64% since.

Apple Inc. (AAPL): Senior Vice President Philip W. Schiller sold 37,172 Shares

Senior Vice President of Apple Inc. (AAPL) Philip W. Schiller sold 37,172 shares on 08/14/2013 at an average price of $502.33.

Apple Inc is a California corporation founded in 1977. Apple Inc. has a market cap of $456.37 billion; its shares were traded at around $502.33 with a P/E ratio of 12.53 and P/S ratio of 2.79. The dividend yield of Apple Inc stocks is 2.27%. Apple Inc had an annual average earnings growth of 82.7% over the past 10 years. GuruFocus rated Apple Inc the business predictability rank of 4.5-star.

On July 23, 2013 Apple® announced financial results for its fiscal 2013 third quarter ended June 29, 2013. The Company posted quarterly revenue of $35.3 billion and quarterly net profit of $6.9 billion, or $7.47 per diluted share. These results compare to revenue of $35 billion and net profit of $8.8 billion, or $9.32 per diluted share, in the year-ago quarter. Gross margin was 36.9 percent compared to 42.8 percent in the year-ago quarter. International sales accounted for 57 percent of the quarter’s revenue.

SVP, General Counsel and Secretary D. Bruce Sewell sold 37,172 shares of AAPL stock on 06/24/2013 at the average price of $402.05. D. Bruce Sewell owns at least 10 shares after this. The price of the stock has increased by 24.94% since.

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

About the author:

guruek
Ockham Research is an independent equity research provider based in Atlanta, Georgia. Security analysis at Ockham Research is based upon the principle known as Ockham's Razor, named for the 14th-century Franciscan friar, William of Ockham. We utilize this straightforward approach to value over 5500 securities, with key emphasis given to the study of individual securities' price-to-sales, price-to-cash earnings and other historical valuation ranges. Please visit www.ockhamresearch.com for more information.

Visit guruek's Website


Rating: 2.3/5 (3 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK