According to GuruFocus Insider Data, the largest insider sells during the past week were: Microsoft Corp., BlackRock Inc., Coca-Cola Co. and Tyler Technologies Inc.
The overall trend of insiders is illustrated in the chart below:
Microsoft Corp (MSFT, Financial): Director William H Gates III sold 8,000,000 shares
Gates sold 8,000,000 shares during the past week at an average price of $52.64.
Microsoft has a market cap of $420.48 billion, and its shares were traded at around $52.64 with a P/E ratio of 35.27 and P/S ratio of 4.75. The dividend yield of Microsoft stocks is 2.36%. The company had an annual average earnings growth of 9.30% over the past 10 years. GuruFocus rated Microsoft the business predictability rank of 2.5-star.
Microsoft recently released its first quarter results for 2016. During this quarter, Microsoft generated revenue of $20.4 billion GAAP, or $21.7 billion non-GAAP. This compares with revenue of $23.2 billion for the same quarter of last year. For its first quarter 2016, Microsoft generated GAAP net income of $4.62 billion and EPS of 57 cents, which compares to net income of $4.54 billion and EPS of 54 cents for the prior year quarter. On a non-GAAP basis, first quarter 2016 EPS was 67 cents. During the quarter, Microsoft announced a 16% increase in its quarterly dividend to 36 cents.
EVP and Chief Marketing Officer Christopher C. Capossela sold 29,000 shares of MSFT stock on Oct. 28 at the average price of $53.59. Chief Accounting Officer Frank H Brod, and COO Brian Kevin Turner have both also recently sold shares of MSFT stock.
BlackRock Inc. (BLK, Financial): President Robert Kapito sold 116,069 shares
Kapito sold 116,069 shares of BLK stock on Oct. 26 at the average price of $336.95. The price of the stock has increased by 4.46% since.
BlackRock is a publicly traded investment management firm with employees in more than 30 countries. It has a market cap of $58.35 billion, and its shares were traded at around $351.97 with a P/E ratio of 24.36 and P/S ratio of 5.32. The dividend yield of Blackrock stocks is 2.41%. The company had an annual average earnings growth of 20.70% over the past 10 years. GuruFocus rated Blackrock the business predictability rank of 4-star.
BlackRock has recently reported its third quarter 2015 results. For this quarter, the company reported GAAP revenue of $2.91 billion, 2% higher than the prior year quarter. Net income was $843 million and diluted EPS were $5.00, which compares to net income of $917 million and EPS of $5.37 for the third quarter of 2014. This decrease is due largely to the lower effective tax rate of 2014, which was 20.2% versus the rate of 28.8% this year.
Coca-Cola Co. (KO, Financial): Executive Vice President Alexander B. Cummings Jr. sold 898,558 shares
Executive Vice President of Coca-Cola Co (KO, Financial) Alexander B Jr Cummings sold 898,558 shares during the past week at an average price of $42.35.
Coca-Cola Co has a market cap of $184.18 billion. Its shares were traded at around $42.35 with a P/E ratio of 27.10 and P/S ratio of 4.14. The dividend yield of Coca-Cola Co stocks is 3.06%. The company had an annual average earnings growth of 8.10% over the past 10 years. GuruFocus rated it the business predictability rank of 3-star.
For its recently reported third quarter 2015, Coca-Cola saw net revenue decline 5% year-over-year and organic revenue growth of 3%, with global volume growth of 3%. Reported EPS was 33 cents and comparable EPS was 51 cents.
Group President Brian John Smith sold 30,000 shares of KO stock on Oct. 29 at the average price of $42.6.
Tyler Technologies Inc. (TYL, Financial): Executive Vice President Dustin R. Womble sold 65,000 shares
Womble sold 65,000 shares on Oct. 28 at an average price of $170.36.
Tyler Technologies is a software provider of integrated information management solutions and services for the public sector, with a focus on local governments. Tyler Technologies has a market cap of $5.78 billion, and its shares were traded at around $170.36 with a P/E ratio of 89.21 and P/S ratio of 10.97. The company had an annual average earnings growth of 18.10% over the past 10 years. GuruFocus rated it the business predictability rank of 5-star.
For its third quarter of 2015, Tyler Technologies generated total revenue of $150.8 million, up 17.2% over the $128.7 million generated in the prior year quarter. Net income was $20.1 million, or 55 cents per share, which compares to net income of $17.0 million, or 48 cents per share for the same quarter last year. Adjusted EBITDA was up 21.8% to $41.8 million.
Executive VP and CFO Brian K. Miller and Executive VP H Lynn Jr Moore both also recently sold shares of TYL stock.
For the complete list of stocks that bought/sold by their company executives, go to: Insider Buys.
