Weekly Top Insider Sells: AutoZone Inc., Intuit Inc., The Gap Inc., O'Reilly Automotive Inc.,

Weekly Top Insider Sells: AZO, INTU, GPS, ORLY

Author's Avatar
Jun 06, 2010
According to GuruFocus Insider Data, these are the largest insider sells during the past week.

Corporate Development Officer of AutoZone Inc. (AZO, Financial) Robert D Olsen sold 42,000 shares during the past week at an average price of $188.89.

Autozone is the nation's specialty retailer of automotive parts and accessories, primarily focusing on do-it-yourself customers. Autozone Inc. has a market cap of $9.21 billion; its shares were traded at around $188.89 with a P/E ratio of 14.7 and P/S ratio of 1.4. Autozone Inc. had an annual average earning growth of 19.4% over the past 10 years. GuruFocus rated Autozone Inc. the business predictability rank of 3.5-star.

On March 2, 2010 AutoZone, Inc. reported net sales of $1.5 billion for its second quarter (12 weeks) ended February 13, 2010, an increase of 4.0% from the second quarter of fiscal 2009 (12 weeks). Domestic same store sales, or sales for stores open at least one year, increased 1.0% for the quarter. Net income for the quarter increased $7.5 million, or 6.4%, over the same period last year to $123.3 million, while diluted earnings per share increased 21.2% to $2.46 per share from $2.03 per share in the year-ago quarter.

AutoZone Inc. is owned by 6 Gurus. Wallace Weitz, Edward Lampert, and George Soros own position in this stock.

Sell:: Director, 10% Owner William C Crowley sold 386 shares of AZO stock on 06/02/2010 at the average price of 192.44, the price of the stock has decreased by 1.84% since.

Intuit Inc. (INTU, Financial): Chairman, Executive Committee Scott D Cook sold 201,000 Shares

Chairman, Executive Committee of Intuit Inc. (INTU) Scott D Cook sold 201,000 shares on 06/03/2010 at an average price of $35.4125.

Intuit's mission is to revolutionize how people manage their financialactivities. Intuit Inc. has a market cap of $11.12 billion; its shares were traded at around $35.4125 with a P/E ratio of 20 and P/S ratio of 3.5. Intuit Inc. had an annual average earning growth of 21.8% over the past 10 years. GuruFocus rated Intuit Inc. the business predictability rank of 5-star.

On May 20, 2010 Intuit Inc. announced financial results for its third quarter ended April 30 and raised guidance for the full fiscal year. Revenue increased 13 percent over the year-ago quarter to $1.6 billion, exceeding the guidance range. On a GAAP basis (Generally Accepted Accounting Principles), operating income grew 16 percent to $888 million. Non-GAAP operating income grew 12 percent to $938 million. GAAP diluted earnings per share were $1.78, up 21 percent over the third quarter of last year. Non-GAAP diluted earnings per share were $1.89, up 13 percent.

Intuit Inc. is owned by 3 Gurus. PRIMECAP Management owns a position in this stock.

Sell:: President, CEO and Director Brad D Smith sold 50,000 shares of INTU stock on 05/24/2010 at the average price of 34.76, the price of the stock has increased by 1.88% since.

The Gap Inc. (GPS, Financial): Honorary Director Doris F Fisher sold 317,191 Shares

Honorary Director of The Gap Inc. (GPS) Doris F Fisher sold 317,191 shares during the past week at an average price of $20.96.

The Gap, Inc. is a global specialty retailer which operates stores selling casual apparel, personal care and other accessories for men, women and children under the Gap, Banana Republic and Old Navy brands. The Gap Inc. has a market cap of $13.99 billion; its shares were traded at around $20.96 with a P/E ratio of 12.1 and P/S ratio of 1. The dividend yield of The Gap Inc. stocks is 2%. The Gap Inc. had an annual average earning growth of 10.7% over the past 10 years. GuruFocus rated The Gap Inc. the business predictability rank of 2-star.

On May 20, 2010 Gap Inc. continued to deliver top line growth, with increased sales across all of its brands in the first quarter of fiscal year 2010 compared with the first quarter last year. The company reported that net income for the first quarter, which ended May 1, 2010, increased 40 percent to $302 million compared with $215 million for the first quarter last year.

The Gap Inc. is owned by 4 Gurus. HOTCHKIS & WILEY, Robert Olstein, and Richard Snow own positions in this stock.

Sell:: EVP, Human Resources Gavin Eva Sage sold 220,000 shares of GPS stock on 03/17/2010 at the average price of 23.07, the price of the stock has decreased by 9.15% since.

O'Reilly Automotive Inc. (ORLY, Financial): Chairman of the Board David E Oreilly sold 135,000 Shares

Chairman of the Board of O'Reilly Automotive Inc. (ORLY) David E Oreilly sold 135,000 shares on 05/26/2010 at an average price of $49.635.

O'Reilly Automotive, Inc. is a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both ``do-it-yourself`` customers and professional mechanics or service technicians. O'reilly Automotive Inc. has a market cap of $6.83 billion; its shares were traded at around $49.635 with a P/E ratio of 20 and P/S ratio of 1.4. O'reilly Automotive Inc. had an annual average earning growth of 16.1% over the past 10 years. GuruFocus rated O'reilly Automotive Inc. the business predictability rank of 5-star.

On April 28, 2010 O’Reilly Automotive, Inc. announced record revenues and earnings for the first quarter ended March 31, 2010. Sales for the first quarter ended March 31, 2010, totaled $1.28 billion, up 10% from $1.16 billion for the same period a year ago. Gross profit for the first quarter ended March 31, 2010, increased to $618 million (or 48.3% of sales) from $543 million (or 46.6% of sales) for the same period a year ago, representing an increase of 14%. Diluted earnings per common share for the first quarter ended March 31, 2010, increased 52% to $0.70 on 139.6 million shares versus $0.46 a year ago on 136.2 million shares.

O'Reilly Automotive Inc. is owned by 6 Gurus. Chuck Akre and Ruane Cunniff own positions in this stock.

Insiders Chairman of the Board David E Oreilly and SVP of Merchandise Michael D Swearengin sold shares of this stock recently.

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