Top Insider Sells: Microsoft Corp., Crown Castle International Corp., The Travelers Companies Inc., Hasbro Inc., and The Goldman Sachs Group Inc.

Top Insider Sells Highlight: MSFT, CCI, TRV, HAS, GS

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Aug 16, 2010
According to GuruFocus Insider Data, these are the largest insider sells during the past week: Microsoft Corp. (MSFT, Financial), Crown Castle International Corp. (CCI, Financial), The Travelers Companies Inc. (TRV, Financial), Hasbro Inc. (HAS, Financial), and The Goldman Sachs Group Inc. (GS, Financial). Microsoft Corp. (MSFT): Director William H Gates Iii sold 4,000,000 Shares

Director of Microsoft Corp. (MSFT) William H Gates Iii sold 4,000,000 shares during the past week at an average price of $24.4. Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft Corp. has a market cap of $213.84 billion; its shares were traded at around $24.4 with a P/E ratio of 11.6 and P/S ratio of 3.4. The dividend yield of Microsoft Corp. stocks is 2%. Microsoft Corp. had an annual average earning growth of 12.6% over the past 10 years. GuruFocus rated Microsoft Corp. the business predictability rank of 3-star.

On July 22, Microsoft Corp. announced record fourth-quarter revenue of $16.04 billion for the quarter ended June 30, 2010, a 22% increase from the same period of the prior year. Operating income, net income and diluted earnings per share for the quarter were $5.93 billion, $4.52 billion and $0.51 per share, which represented increases of 49%, 48% and 50%, respectively, when compared with the prior year period.

Microsoft Corp. is owned by thirty-three Gurus: John Keeley, Richard Perry, John Hussman, Donald Yacktman, Richard Snow, Wallace Weitz, George Soros, Ron Baron, Ronald Muhlenkamp, PRIMECAP Management, Hotchkis & Wiley, James barrow, Tom Gayner, Robert Olstein, Brian Rogers, Richard Perry, David Einhorn, Jean-Marie Eveillard, Kenneth Fisher, NWQ Managers, Mark Hillman, Ronald Muhlenkamp, Charles Brandes, Richard Pzena, David Dreman, Arnold Van Den Berg, John Griffin, Bill Nygren, Charles Brandes, David Tepper, Ruane Cunniff, and Chris Davis.

Last week, Sell: Director William H Gates III sold 1,000,000 shares of MSFT stock.



Crown Castle International Corp. (CCI): Director David C Abrams sold 655,278 Shares

Director of Crown Castle International Corp., David C Abrams, sold 655,278 shares on 8/09/10 at an average price of $38.78.

Crown Castle International is a owner and operator of towers and transmission networks for wireless communications and broadcast transmission companies. Crown Castle International Corp. has a market cap of $11.26 billion; its shares were traded at around $38.78 with and P/S ratio of 6.8. Crown Castle International Corp. had an annual average earning growth of 10% over the past 10 years. GuruFocus rated Crown Castle International Corp. the business predictability rank of 2.5-star.

On July 28, Crown Castle International Corp. reported results for the second quarter of 2010. Site rental revenues for second quarter 2010 increased $33.2 million, or 9%, to $409.6 million from $376.4 million for the same period in the prior year. Site rental gross margin, defined as site rental revenues less site rental cost of operations, increased 12% to $294.2 million, up $31.1 million in the second quarter of 2010 from $263.1 million in the same period in 2009. Adjusted EBITDA for second quarter 2010 increased $33.2 million, or 13%,to $280.1 million, up from $246.9 million for the same period in 2009.

Crown Castle International Corp. is owned by George Soros, Chris Davis, Bill Gates, John Griffin, and Jean-Marie Eveillard.

Last week, Sell: Director David C Abrams sold 655,278 shares of CCI stock. Sell: Director John P Kelly sold 299,600 shares this month, and Sell: 10% Owner Advisory Corp Spo sold 1,008,200 shares in July.



The Travelers Companies Inc. (TRV): Chairman & Chief Exec. Officer Jay S Fishman sold 325,000 Shares

Chairman & Chief Exec. Officer of The Travelers Companies Inc., Jay S Fishman, sold 325,000 shares on 8/10/10 at an average price of $49.63.

St. Paul Travelers is a provider of commercial property-liability insurance and asset management services. The Travelers Companies Inc. has a market cap of $24.58 billion; its shares were traded at around $49.63 with a P/E ratio of 7.8 and P/S ratio of 1. The dividend yield of The Travelers Companies Inc. stocks is 2.9%. The Travelers Companies Inc. had an annual average earning growth of 28.3% over the past 5 years.

On Jul 22, The Travelers Companies, Inc. ("Travelers") (NYSE:TRV) today reported net income of $670 million, or $1.35 per diluted share, for the quarter ended June 30, 2010, compared to $740 million, or $1.27 per diluted share, for the quarter ended June 30, 2009. Operating income in the current quarter was $690 million, or $1.39 per diluted share, compared to $732 million, or $1.25 per diluted share, in the prior year quarter.

The Travelers Companies Inc. is in the portfolios of George Soros, Charles Brandes, NWQ Managers, Brian Rogers, David Einhorn, Irving Kahn, James Barrow, Dodge & Cox, Hotchkis & Wiley, Richard Aster Jr, John Keeley, and David Dreman.

Last week, Sell: Vice Chairman and CFO Jay S Benet, Sell: Executive Vice President Doreen Spadorcia, Sell: Chairman & Chief Exec. Officer Jay S Fishman, and Sell: EVP and Chief Admin Officer Andy F Bessette sold shares of TV stock. Sell: EVP, Ins. Ops. & Systems William A Bloom sold 49,500 shares in May.



Hasbro Inc. (HAS): Director Alfred J Verrecchia sold 375,000 Shares

Director of Hasbro Inc., Alfred J Verrecchia, sold 375,000 shares on 8/06/10 at an average price of $42.48.

Hasbro Inc. is a worldwide leader in children's and family leisure time and entertainment products and services, including the design, manufacture and marketing of games and toys ranging from traditional to high-tech. Hasbro Inc. has a market cap of $6.18 billion; its shares were traded at around $42.48 with a P/E ratio of 16.1 and P/S ratio of 1.6. The dividend yield of Hasbro Inc. stocks is 2.4%. Hasbro Inc. had an annual average earning growth of 4.5% over the past 10 years.

On July 19, Hasbro Inc. reported 2010 second quarter results. The Company reported net earnings of $43.6 million or $0.29 per diluted share, an increase of $4.4 million or 11%, compared to $39.3 million or $0.26 per diluted share in 2009. The Company reported net revenues of $737.8 million compared to $792.2 million a year ago, a decrease of 7%. Foreign exchange impact was a positive $1.6 million to revenues in the quarter.

Hasbro Inc. is in the portfolio of George Soros.

Last week, Sell: Director Alfred J Verrecchia sold 375,000 shares of HAS stock. In July, Sell: SVP,Chief Legal Officer & Sec Barry Nagler sold 79,327 shares. Sell: Global Development Officer Duncan Billing sold shares in May.

The Goldman Sachs Group Inc. (GS): President and COO Gary D Cohn sold 73,653 Shares

President and COO of The Goldman Sachs Group Inc., Gary D Cohn, sold 73,653 shares on 8/11/10 at an average price of $149.42.

Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. Goldman Sachs Group Inc. The has a market cap of $76.92 billion; its shares were traded at around $149.42 with a P/E ratio of 6.8 and P/S ratio of 1.6. The dividend yield of Goldman Sachs Group Inc. The stocks is 0.9%. Goldman Sachs Group Inc. The had an annual average earning growth of 12.7% over the past 10 years.

On July 20, The Goldman Sachs Group Inc. reported 2010 second quarter results. The Company reported net earnings of $43.6 million or $0.29 per diluted share, an increase of $4.4 million or 11%, compared to $39.3 million or $0.26 per diluted share in 2009. The Company reported net revenues of $737.8 million compared to $792.2 million a year ago, a decrease of 7%. Foreign exchange impact was a positive $1.6 million to revenues in the quarter.

The Goldman Sachs Group Inc. is owned by Bruce Berkowitz, John Keeley, George Soros, Richard Snow, Kenneth Fisher, Mark Hillman, Mohnish Pabrai, David Winters, Chris Davis, Ken Heebner, David Dreman, Ron Baron, and Jean-Marie Eveillard.

Last week, Sell: Chairman of the Board and CEO Lloyd C Blankfein, Sell: Executive Vice President - CFO David A Viniar, Sell: Vice Chairman John S Weinberg, Sell: Executive VP - General Counsel Esta E Stecher, Sell: Principal Accounting Officer Sarah G Smith, Sell: Executive VP - General Counsel Gregory K Palm, and Sell: President and COO Gary D Cohn sold shares of GS stock.

For the complete list of stocks that bought/sold by their company executives, go to: http://www.gurufocus.com/InsiderBuy.php]Insider Buys[/url].

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