Weekly Insider Sells Highlight: CVX, TRV, GD, TQNT

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May 12, 2014

According to GuruFocus Insider Data, the largest insider sells during the past week were: Chevron Corp., Travelers Companies Inc., General Dynamics Corp. and Triquint Semiconductor.

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

Chevron Corp (CVX, Financial): Vice Chairman and EVP George L. Kirkland Sold 150,000 Shares

Vice Chairman and EVP George L. Kirkland sold 150,000 shares of CVX stock on 05/06/2014 at the average price of $125.23. George L. Kirkland owns at least 95,969 shares after this. The price of the stock has decreased by 0.16% since.

Chevron Corporation was incorporated in Delaware in 1926 as Standard Oil Company of California, and it adopted the name Chevron Corporation in 1984 and ChevronTexaco Corporation in 2001. Chevron Corp has a market cap of $238.01 billion; its shares were traded at around $125.03 with a P/E ratio of 11.30 and P/S ratio of 1.06. The dividend yield of Chevron Corp stocks is 3.20%. Chevron Corp had an annual average earnings growth of 9.20% over the past 10 years. GuruFocus rated Chevron Corp the business predictability rank of 2-star.

Chevron Corp recently released its first quarter 2014 results. Total earnings were $4.5 billion, or $2.36 per diluted share, compared with $6.2 billion in the first quarter of 2013. Sales fell to $51 billion from $54 billion a year ago.

Travelers Companies Inc. (TRV, Financial): Chairman and Chief Executive Officer Jay S. Fishman Sold 152,839 Shares

Chairman and Chief Executive Officer Jay S. Fishman sold 152,839 shares of TRV stock on 05/05/2014 at the average price of $90.6. Jay S. Fishman owns at least 537,706 shares after this. The price of the stock has increased by 0.77% since.

Travelers Companies is a holding company principally engaged, through its subsidiaries, in providing a range of commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals. Travelers Companies Inc. has a market cap of $31.72 billion; its shares were traded at around $91.30 with a P/E ratio of 8.80 and P/S ratio of 1.26. The dividend yield of Travelers Companies Inc. stocks is 2.19%. Travelers Companies Inc. had an annual average earnings growth of 1.60% over the past 10 years. GuruFocus rated Travelers Companies Inc.Ă‚ the business predictability rank of 2-star.

Travelers Companies Inc. reported first quarter 2014 net and operating income of $1.05 billion, up 17% and 19% respectively year-over-year. Net income per diluted share was $2.95, up 27% over the prior year quarter. Return on equity was 16.8%, and the company made $705 million of share repurchases over the quarter.

Vice Chairman and Chief Investment Offiver William H. Heyman sold 3,000 shares of TRV stock on 05/02/2014 at the average price of $91.5. EVP-Business Insurance William E. Cunningham Jr. and other insiders have also sold shares of TRV stock over the past week.

General Dynamics Corp (GD, Financial): Executive Vice President David K. Heebner Sold 101,550 Shares

Executive Vice President David K. Heebner sold 101,550 shares of GD stock on 05/05/2014 at the average price of $111.6. David K. Heebner owns at least 159,316 shares after this. The price of the stock has increased by 1.07% since.

General Dynamics was incorporated in 1952. General Dynamics Corp has a market cap of $38.67 billion; its shares were traded at around $112.79 with a P/E ratio of 16.70 and P/S ratio of 1.28. The dividend yield of General Dynamics Corp stocks is 2.04%. General Dynamics Corp had an annual average earnings growth of 3.90% over the past 10 years.

In its first quarter of 2014, General Dynamics Corp generated diluted EPS of $1.71, a 5.6% increase over the same quarter of last year. Free cash flow was $341 million, and quarterly revenues were $7.3 billion.

Senior VP, General Counsel, Secretary Gregory S. Gallopoulos sold 34,056 shares of GD stock on 05/06/2014 at the average price of $111.48.

Triquint Semiconductor (TQNT, Financial): CFO Steven J. Buhaly Sold 96,250 Shares

CFO of Triquint Semiconductor (TQNT, Financial) Steven J. Buhaly sold 96,250 shares on 05/05/2014 at an average price of $14.57.

Triquint Semiconductor was incorporated in California in 1981 and reincorporated in Delaware on Feb. 12, 1997. Triquint Semiconductor has a market cap of $2.51 billion; its shares were traded at around $14.65 with and P/S ratio of 2.64. Triquint Semiconductor had an annual average earnings growth of 11.00% over the past 10 years.

The company generated first quarter revenue of $177.6 million, with GAAP gross margin of 33% and net loss of $0.12 per share.

Vice President Sales Todd Debonis sold 2,900 shares of TQNT stock on 05/08/2014 at the average price of $15.07. Director Steven Sharp sold 100,000 shares of TQNT stock on 05/06/2014 at the average price of $14.51. Steven Sharp owns at least 394,122 shares after this. The price of the stock has increased by 0.96% since.

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