Weekly Insider Sells Highlight: BX, PCYC, MAS, ITMN

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Mar 03, 2014

According to GuruFocus Insider Data, the largest insider sells during the past week were: Blackstone Group LP, Pharmacyclics Inc., Masco Corporation and InterMune Inc.

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

Blackstone Group LP (BX, Financial): Vice Chairman J. Tomilson Hill sSold 450,000 Shares

Vice Chairman of Blackstone Group LP (BX, Financial) J. Tomilson Hill sold 450,000 shares on 02/24/2014 at an average price of $33.35.

Blackstone Group LP was formed as a Delaware limited partnership on March 12, 2007. Blackstone Group LP has a market cap of $38.2 billion; its shares were traded at around $33.35 with a P/E ratio of 29.50 and P/S ratio of 3.78. The dividend yield of Blackstone Group LP stocks is 4.02%.

The company reported fourth quarter 2013 total revenues of $2.69 billion, a 119% increase over revenues of $1.228 billion the prior year quarter. Distributable earnings were $820 million versus $562 million a year ago, and GAAP net income was $621 million compared to $106 million for the fourth quarter of 2012.

Pharmacyclics Inc. (PCYC, Financial): Director Den Broek Richard Van Sold 78,835 Shares

Director Den Broek Richard Van sold 78,835 shares of PCYC stock on 02/27/2014 at the average price of $146.63. Den Broek Richard Van owns at least 29,610 shares after this. The price of the stock has decreased by 5.44% since.

Pharmacyclics Inc. was incorporated in Delaware in 1991 and commenced operations in 1992. Pharmacyclics Inc. has a market cap of $10.37 billion; its shares were traded at around $138.66 with and P/S ratio of 78.34.

For its fourth quarter ended Dec. 31, 2013, Pharmacyclics reported total revenues of $123.6 million – a 113% increase over the prior year quarter. GAAP net income was $64.2 million ($0.82 per diluted share) compared to income of $41.9 million a year ago.

Masco Corporation (MAS, Financial): Director Richard A. Manoogian Sold 500,000 Shares

Director Richard A. Manoogian sold 500,000 shares of MAS stock on 02/25/2014 at the average price of $22.45. Richard A. Manoogian owns at least 3,102,452 shares after this. The price of the stock has increased by 4.01% since.

Masco Corporation was incorporated under the laws of Michigan in 1929 and in 1968 was reincorporated under the laws of Delaware. Masco Corporation has a market cap of $8.32 billion; its shares were traded at around $23.35 with a P/E ratio of 61.30 and P/S ratio of 0.99. The dividend yield of Masco Corporation stocks is 1.28%.

Masco Corporation increased fourth quarter sales by 9% year-over-year to $2.0 billion. Income per share was $0.11 versus net loss per share of $0.20 in the same quarter of 2012.

InterMune Inc. (ITMN, Financial): EVP-Finance and CFO John Hodgman Sold 159,485 Shares

EVP-Finance and CFO John Hodgman sold 159,485 shares of ITMN stock on 02/25/2014 at the average price of $35.69. John Hodgman owns at least 26,285 shares after this. The price of the stock has decreased by 15.83% since.

InterMune Inc was incorporated in California in 1998 and reincorporated in Delaware in 2000 in connection with its initial public offering. Intermune Inc. has a market cap of $2.7 billion; its shares were traded at around $30.04 with and P/S ratio of 45.52.

Chairman, CEO and President Daniel G. Welch sold 41,087 shares of ITMN stock on 02/25/2014 at the average price of $32.63.

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