Weekly Insider Sells Highlight: ROC, PRGO, JCI, TEL, DISH

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Dec 16, 2013
According to GuruFocus Insider Data, the largest insider sells during the past week were: Rockwood Holdings Inc., Perrigo Company, Johnson Controls Inc., TE Connectivity Ltd. and DISH Network Corp.

The overall trend of insiders is illustrated in the chart below:



Rockwood Holdings Inc. (ROC, Financial): Chairman and Chief Executive Officer Seifi Ghasemi Sold 625,384 Shares

Chairman and Chief Exec Officer Seifi Ghasemi sold 625,384 shares of ROC stock on 12/12/2013 at the average price of $70.72. Seifi Ghasemi owns at least 705,790 shares after this. The price of the stock has decreased by 0.42% since.

Rockwood Holdings Inc. has a market cap of $5.15 billion; its shares were traded at around $70.42 with a P/E ratio of 4.50 and P/S ratio of 1.21. The dividend yield of Rockwood Holdings Inc. stocks is 2.41%.

Rockwood Holdings has released its third quarter 2013 results. During this quarter, the company reported EPS of $14.65, and adjusted EPS of $0.63. This compares to adjusted EPS of $0.92 last year. Adjusted EBITDA was $159 million versus $179 million in the same quarter of 2012.

Perrigo Company (PRGO, Financial): Director Michael J. Jandernoa Sold 128,620 Shares

Director Michael J. Jandernoa sold 128,620 shares of PRGO stock on 12/09/2013 at the average price of $155.3. Michael J. Jandernoa owns at least 431,191 shares after this. The price of the stock has decreased by 2.24% since.

Perrigo Company was established in 1887. It is a healthcare supplier that develops, manufactures and distributes over-the-counter and generic prescription (Rx) pharmaceuticals, nutritional products, active pharmaceutical ingredients (API) and pharmaceutical and medical diagnostic products. Perrigo Company has a market cap of $14.32 billion; its shares were traded at around $151.82 with a P/E ratio of 32.10 and P/S ratio of 3.88. The dividend yield of Perrigo Company stocks is 0.24%. Perrigo Company had an annual average earnings growth of 25.80% over the past five years.

Perrigo Company has released its first quarter 2014 results. The company reported net earnings of $111.4 million ($1.18 per diluted share), up from the $106.6 million ($1.12 per diluted share) the prior year quarter. Net sales rose 21 percent to $933.4 million.

Johnson Controls Inc (JCI, Financial): VP and President Building Eff C. David Myers Sold 312,000 Shares

VP and President Building Eff of Johnson Controls Inc. (JCI) C. David Myers sold 312,000 shares on 12/06/2013 at an average price of $50.00.

Johnson Controls Inc. was originally incorporated in the state of Wisconsin in 1885 as Johnson Electric Service Company to manufacture, install and service automatic temperature regulation systems for buildings. Johnson Controls Inc. has a market cap of $34.26 billion; its shares were traded at around $50.00 with a P/E ratio of 29.20 and P/S ratio of 0.81. The dividend yield of Johnson Controls Inc. stocks is 1.58%. Johnson Controls Inc. had an annual average earnings growth of 3.20% over the past 10 years.

For its fourth quarter of 2013, Johnson Controls Inc. generated sales of $11.0 billion and net income of $657 million. This represents an increase of 6% and 25% respectively over the prior year quarter. EPS were $0.95, a 23% increase compared to $0.77 last year.

Vice President Colin Boyd sold 5,000 shares of JCI stock on 12/09/2013 at the average price of $51.17. Colin Boyd owns at least 22,836 shares after this. The price of the stock has decreased by 2.29% since.

TE Connectivity Ltd. (TEL, Financial): EVP, COO and President Network Solutions Joseph B. Donahue Sold 274,363 Shares

EVP, COO and President Network Solutions Joseph B. Donahue sold 274,363 shares of TEL stock on 12/06/2013 at the average price of $53.60. Joseph B. Donahue owns at least 22,044 shares after this. The price of the stock has decreased by 3.02% since.

TE Connectivity Ltd. is a company that designs and manufactures electronic products that connect and protect the flow of power and data. TE Connectivity Ltd. has a market cap of $21.33 billion; its shares were traded at around $51.98 with a P/E ratio of 17.20 and P/S ratio of 1.66. The dividend yield of TE Connectivity Ltd. stocks is 1.85%.

Fourth quarter 2013 net sales grew 2% to $3.43 billion. Diluted GAAP EPS were $0.92 and free cash flow was $412 million. Adjusted EPS grew 22% to $0.93.

Chairman and CEO Thomas J. Lynch sold 49,021 shares of TEL stock on 12/05/2013 at the average price of $52.99.

DISH Network Corp. (DISH, Financial): EVP, General Counsel and Secretary R. Stanton Dodge Sold 175,000 Shares

EVP, General Counsel and Secretary R. Stanton Dodge sold 175,000 shares of DISH stock on 12/06/2013 at the average price of $55. R. Stanton Dodge owns at least 3,280 shares after this. The price of the stock has decreased by 3.11% since.

DISH Network Corp. was organized in 1995 under the laws of the State of Nevada and started offering the DISH pay-TV service in March 1996. Dish Network Corp. has a market cap of $24.4 billion; its shares were traded at around $53.29 with a P/E ratio of 33.50 and P/S ratio of 1.70. Dish Network Corp. had an annual average earnings growth of 10.50% over the past 10 years.

DISH Network Corp. reported third quarter 2013 revenues of $3.60 billion, compared to $3.52 billion in the same period of 2012. Net income totaled $315 million, compared to a net loss of $158 million a year ago. The company added 75,000 net broadband subscribers this quarter, bringing its total to 385,000.

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