Weekly Top Insider Sells: The Home Depot Inc., The Gap Inc., Red Hat Inc., Fidelity National Information Services, Plains All American Pipeline

Weekly Top Insider Sells: HD, GPS, RHT, FIS, PAA

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Jun 19, 2010
According to GuruFocus Insider Data, these are the largest insider sells during the past week.

Director of The Home Depot Inc. (HD, Financial) David H Batchelder sold 4,077,204 shares on 06/15/2010 at an average price of $31.94.

Home Depot is the one of world's largest home improvement retailer. The Home Depot Inc. has a market cap of $54.09 billion; its shares were traded at around $31.94 with a P/E ratio of 18 and P/S ratio of 0.8. The dividend yield of The Home Depot Inc. stocks is 2.9%. The Home Depot Inc. had an annual average earning growth of 10.2% over the past 10 years.

On May 18, 2010 The Home Depot®, the world's largest home improvement retailer, reported first quarter of fiscal 2010 net earnings of $725 million, or $0.43 per diluted share, compared with net earnings of $514 million, or $0.30 per diluted share, in the same period of fiscal 2009. Sales for the first quarter totaled $16.9 billion, a 4.3 percent increase from the first quarter of fiscal 2009.

The Home Depot Inc. is owned by many Gurus. Jean-Marie Eveillard, Tom Gayner, Brian Rogers, and Dodge & Cox owns positions in this stock.

Sell: Director David H Batchelder sold 4,077,204 shares of HD stock on 06/15/2010 at the average price of 32.17. David H Batchelder owns at least 22,189,406 shares after this. The price of the stock has decreased by 0.71% since.

The Gap Inc. (GPS, Financial): Honorary Director Doris F Fisher sold 1,816,500 Shares

Honorary Director of The Gap Inc. (GPS) Doris F Fisher sold 1,816,500 shares during the past week at an average price of $21.24.

The Gap, Inc. is a 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 $14.18 billion; its shares were traded at around $21.24 with a P/E ratio of 12.2 and P/S ratio of 1. The dividend yield of The Gap Inc. stocks is 1.8%. 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. reported that it 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’s net income 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: Honorary Director Doris F Fisher sold 263,880 shares of GPS stock on 05/26/2010 at the average price of 22.07. Doris F Fisher owns at least 62,559,796 shares after this. The price of the stock has decreased by 3.76% since.

Red Hat Inc. (RHT, Financial): Director Matthew Szulik sold 919,735 Shares

Director of Red Hat Inc. (RHT) Matthew Szulik sold 919,735 shares on 06/16/2010 at an average price of $31.92.

Red Hat Inc. is a developer and provider of open source software and services, including the Red Hat Linux operating system. Red Hat Inc. has a market cap of $6.02 billion; its shares were traded at around $31.92 with a P/E ratio of 63.9 and P/S ratio of 8.1.

On Mar 24, 2010 Red Hat Inc. announced financial results for its fiscal fourth quarter and fiscal year ended February 28, 2010. Total revenue for the quarter was $195.9 million, an increase of 18% from the year ago quarter.

Sell: EVP, CFO Charles E Jr Peters sold 35,669 shares of RHT stock on 06/03/2010 at the average price of 30.15. Charles E Jr Peters owns at least 85,811 shares after this. The price of the stock has increased by 5.87% since.

Fidelity National Information Services I (FIS, Financial): Exec.Chairman William P Foley Ii sold 750,000 Shares

Exec.Chairman of Fidelity National Information Services I (FIS) William P Foley Ii sold 750,000 shares on 06/16/2010 at an average price of $27.48.

Certegy Inc. provides credit, debit and merchant card processing, e-banking, check risk management and check cashing services to financial institutions and merchants worldwide. Fidelity National Information Services I has a market cap of $10.35 billion; its shares were traded at around $27.48 with a P/E ratio of 15.8 and P/S ratio of 2.7. The dividend yield of Fidelity National Information Services I stocks is 0.7%.

On Apr 27, 2010 FIS reported financial results for the quarter ended March 31, 2010. Adjusted revenue increased 3.8% to $1.259 billion in U.S. dollars in the first quarter of 2010 compared to pro forma revenue of $1.212 billion in the first quarter of 2009.. Adjusted net earnings from continuing operations totaled $154.1 million, or $0.41 per diluted share.

Fidelity National Information Services I is owned by 3 Gurus. Ronald Muhlenkamp owns a position in this stock.

Sell: Exec.Chairman William P Foley Ii sold 750,000 shares of FIS stock on 06/16/2010 at the average price of 27.67. William P Foley Ii owns at least 1,610,511 shares after this. The price of the stock has decreased by 0.69% since.

Plains All American Pipeline L.P. (PAA, Financial): Director Gary R Petersen sold 328,200 Shares

Director of Plains All American Pipeline L.P. (PAA) Gary R Petersen sold 328,200 shares on 06/15/2010 at an average price of $58.47.

Plains All American Pipeline, L.P. is engaged in interstate and intrastate marketing, transportation and terminalling of crude oil. Plains All American Pipeline L.p. has a market cap of $7.96 billion; its shares were traded at around $58.47 with a P/E ratio of 20.2 and P/S ratio of 0.4. The dividend yield of Plains All American Pipeline L.p. stocks is 6.4%. Plains All American Pipeline L.p. had an annual average earning growth of 15.1% over the past 10 years.

On May 5, 2010 Plains All American Pipeline, L.P. reported net income of $151 million, or $0.80 per diluted limited partner unit, for the first quarter of 2010 as compared to net income for the first quarter 2009 of $211 million, or $1.41 per diluted limited partner unit.

Sell: Vice President - Acctg & CAO Tina L Val sold 300 shares of PAA stock on 12/30/2009 at the average price of 52.71. Tina L Val owns at least 15,543 shares after this. The price of the stock has increased by 10.93% since.

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