Weekly Insider Sells Highlight: CUK, CBI, COV, DWRE

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Mar 31, 2014

According to GuruFocus Insider Data, the largest insider sells during the past week were: Carnival PLC, Chicago Bridge & Iron Company, Covidien PLC, and Demandware Inc.

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

Carnival PLC (CUK, Financial): Chairman of the Board, 10% Owner Micky Meir Arison sold 525,348 Shares

Chairman of the Board, 10% Owner Micky Meir Arison sold 525,348 shares of CUK stock on 03/24/2014 at the average price of $40.09. Micky Meir Arison owns at least 104,522,691 shares after this. The price of the stock has decreased by 5.29% since.

Carnival PLC operates as a cruise company. It also operates as a vacation company in the world. Carnival PLC has a market cap of $30.68 billion; its shares were traded at around $37.97 with a P/E ratio of 27.40 and P/S ratio of 1.91. The dividend yield of Carnival PLC stocks is 2.63%. Carnival PLC had an annual average earnings growth of 0.30% over the past 10 years.

Carnival PLC just recently released first quarter 2014 non-GAAP net income of $2 million versus income of $67 million in the same quarter of last year. GAAP net loss was $15 million ($0.02 per diluted share), compared to net income of $37 million ($0.05 per share) last year. Revenues stayed flat at $3.6 billion for the quarter.

1994 B Shares Lp Ma sold 304,954 shares of CUK stock on 03/24/2014 at the average price of $40.09.

Chicago Bridge & Iron Company (CBI, Financial): EXECUTIVE VICE PRESIDENT Edgar C. Ray sold 102,068 Shares

EXECUTIVE VICE PRESIDENT Edgar C. Ray sold 102,068 shares of CBI stock on 03/26/2014 at the average price of $84.36. Edgar C. Ray owns at least 35,775 shares after this. The price of the stock has increased by 0.83% since.

It provides conceptual design, technology, engineering, procurement, fabrication, construction and commissioning services to customers in the energy, petrochemical and natural resource industries. Chicago Bridge & Iron Company has a market cap of $9.13 billion; its shares were traded at around $85.06 with a P/E ratio of 20.30 and P/S ratio of 0.83. The dividend yield of Chicago Bridge & Iron Company stocks is 0.26%. Chicago Bridge & Iron Company had an annual average earnings growth of 24.30% over the past 10 years. GuruFocus rated Chicago Bridge & Iron Company the business predictability rank of 2.5-star.

Chicago Bridge & Iron Company reported fourth quarter 2014 profit of $196.8 million ($1.80 per share), compared to profit of $89.62 million ($0.91 per share) in the same quarter of 2013. Revenues were $3.0 billion compared to $1.54 billion last year.

President and CEO Philip K Asherman sold 75,000 shares of CBI stock on 03/03/2014 at the average price of $82.81. Director Marsha C Williams and multiple other insiders have also sold shares of CBI stock over the past week.

Covidien PLC (COV, Financial): EVP & CFO Charles J Dockendorff sold 90,730 Shares

EVP & CFO Charles J Dockendorff sold 90,730 shares of COV stock on 03/28/2014 at the average price of $72.5. Charles J Dockendorff owns at least 112,131 shares after this. The price of the stock has decreased by 0% since.

Covidien PLC was incorporated in Bermuda in 2000 as a wholly-owned subsidiary of Tyco International Ltd. Covidien PLC has a market cap of $32.68 billion; its shares were traded at around $72.50 with a P/E ratio of 21.10 and P/S ratio of 3.10. The dividend yield of Covidien PLC stocks is 1.60%. Covidien PLC had an annual average earnings growth of 6.60% over the past 10 years.

The company reported first quarter 2014 net sales of $2.64 billion – a 3% increase over the prior year quarter. Diluted GAAP EPS were $0.87, and gross margin was 59.2%

President and Chief Executive Jose E Almeida sold 50,000 shares of COV stock on 02/28/2014 at the average price of $72.

Demandware Inc (DWRE, Financial): Executive VP and CFO Scott J Dussault Sold 21,500 Shares

Executive VP and CFO Scott J Dussault sold 21,500 shares of DWRE stock on 03/20/2014 at the average price of 74.74. Scott J Dussault owns at least 46,890 shares after this. The price of the stock has decreased by 16.67% since.

Demandware Inc was incorporated in Delaware in February 2004. Demandware Inc has a market cap of $2.2 billion; its shares were traded at around $62.28 with and P/S ratio of 18.59.

The company reported fourth quarter 2013 revenue of $35.5 million compared to $26.3 million last year and net income of $1.8 million compared to $3.2 million a year ago.

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