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Insider Sells at 52-Week Highs

January 13, 2014 | About:
Monica Wolfe

Monica Wolfe

121 followers

Over the past week there have been some notable insider sells coming from companies trading at historically high prices. The following three companies have all reported insider sells over the past week that come as their company’s price hits or comes within 5% of its 52-week high.

Google (GOOG)

Over the past week there were two Google corporate executives making notable sells of their stake in the company.

Google Co-Founder Brin Sergey is a consistent seller of his stake in the company; the co-founder usually makes one large sell at the beginning of each month.  On Jan. 7, Sergey sold off 83,334 shares of the company’s stock at the average price of $1133.96 per share.  This transaction raked in a massive $94,497,423 for Sergey.  Since his sell the price per share is up a slight 0.51%.

Senior VP and Chief Business Officer Nikesh Arora sold a much smaller 814 shares of the company’s stock.  He sold these at $1113.01 per share, raking in $905,990 in the transaction.  Since his sell the price per share has increased approximately 2.4%. Since Arora’s sell the VP now holds on to 9,357 shares of the company’s stock.

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The company has a very consistent history of insider selling.

Google is a global technology company engaged in improving the ways people connect with information. The Company's business is mainly focused around the following key areas: search, advertising, operating systems and platforms, enterprise and hardware products.

Google’s historical revenue and net income:

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The analysis on Google reports that the company’s price is trading around its 10-year high, its asset growth is faster than its revenue growth and the company has shown predictable revenue and earnings growth.

The Peter Lynch Chart suggests that the company is currently overvalued:

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Google has a market cap of $375.21 billion.  Its shares are currently trading at around $1123.08 with a P/E ratio of 29.90, a P/S ratio of 6.60 and a P/B ratio of 4.70.  Google had an annual average earnings growth of 44.30% over the past ten years.

GuruFocus rated the company the business predictability rank of 2.5-star.

Autodesk (ADSK)

Since the beginning of the year there have been two different corporate executives making three different sells of their stake in the company. 

President and CEO Carl Bass made two sells, selling a total of 817,500 shares of the company’s stock.   The CEO sold these shares in the price range of $48.62 to $49.22 per share, and he raked in a total amount of $40,149,322 in these sells. Since his sells the price per share has increased approximately 4.43%.  Bass still holds on to 372,808 shares of the company’s stock.

Director Lorri Norrington also made a sell over the past couple of weeks.  She sold a much smaller 6,734 shares of Autodesk at an average price of $48.94 per share.  This transaction brought in a notable $329,562 for the director.  Since her sell the price per share has increased an additional 7.38%.  Norrington now holds on to 17,200 shares of the company’s stock.

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Autodesk is a design software and services company offering customers progressive business solutions through technology products and services. It sells 2D and 3D design and engineering software and services to customers in the architectural, engineering, construction, manufacturing, geospatial mapping, digital media, and entertainment markets.

Autodesk’s historical revenue and net income:

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The analysis on Autodesk reports that the company’s operating margin is expanding, its revenue has slowed down over the past year and its price is near a 10-year high.  It also notes that the company’s P/E and P/S ratios are trading at historical highs.

There are four gurus that hold a position in Autodesk.  The top guru shareholders are Lee Ainslie (Trades, Portfolio) who holds 2,420,907 shares of the company’s stock and Paul Singer (Trades, Portfolio) who holds on to 1.6 million shares of ADSK. 

The Peter Lynch Chart suggests that the company is currently overvalued:

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Autodesk has a market cap of $11.59 billion.  Its shares are currently trading at around $51.39 with a P/E ratio of 47.50, a P/S ratio of 5.20 and a P/B ratio of 5.30.  The company had an annual average earnings growth of 5.20% over the past ten years.

Oracle Corporation (ORCL)

Over the past week there two insiders making four separate buys.  These insiders sold a total of 2,100,000 shares of Oracle stock.

Executive VP of Product Development Thomas Kurian made three different sells over the past week, selling a total of 1,600,000 shares of the company’s stock.  He made these sells in the price range of $37.51 to $37.80 per share.  These transactions brought the VP roughly $60,298,666, and he still holds on to 32,327 shares of the company’s stock.  Since his sells the price per share is up approximately 1.12%.

President Mark Hurd V made one sell, selling 500,000 shares of his stake in the company.  The president sold these shares at an average price of $37.88, bringing in $18,940,000.  The insider still holds on to 1,000 shares of his company’s stock. Since his sell the price per share is up approximately 0.61%.

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Oracle Corporation is a provider of enterprise software and a provider of computer hardware products and services. The company provides technologies of cloud computing, including database and middleware as well as web-based applications, virtualization, clustering and systems management.

Oracle’s historical revenue and net income:

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The analysis on Oracle reports that the company’s operating margin is expanding, its dividend yield is near a 5-year high and its price is sitting near a 10-year high.

As of the third quarter there were 35 gurus that held a position in Oracle.  The largest guru shareholders were:

The Peter Lynch Chart suggests that the company is currently overvalued:

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Oracle has a market cap of $169.78 billion.  Its shares are trading at around $37.75 with a P/E ratio of 16.10, a P/S ratio of 4.80 and a P/B ratio of 4.00.  The company had an annual average earnings growth of 18.90% over the past ten years.

GuruFocus rated Oracle the business predictability rank of 4.5-star.

Check out more insiders buys and sells here.

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