Weekly CEO Sells Highlight: AGN, AOC, AXP, MSFT

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Nov 07, 2010
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Allergan Inc. (AGN, Financial) Aon Corp. (AOC, Financial) American Express Company (AXP, Financial) Microsoft Corp. (MSFT, Financial)

Microsoft Corp. (MSFT): CEO Steven A Ballmer sold 49,341,652 Shares

CEO of Microsoft Corp. (MSFT) Steven A Ballmer sold 49,341,652 shares on 11/05/2010 at an average price of $27.06. 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 $234.08 billion; its shares were traded at around $26.85 with a P/E ratio of 12.9 and P/S ratio of 3.8. 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.

Microsoft Corp. announced its first quarter results. The Company announced revenues of $16.20 billion.

CEO Steven A Ballmer sold 49,341,652 shares of MSFT stock on 11/05/2010 at the average price of 27.06. Chief Accounting Officer Frank H Brod, Senior Vice President Lisa E Brummel, COO Brian Kevin Turner sold 93,956 shares of MSFT stock in November. Director William H Gates Iii sold 3,000,000 shares of MSFT stock in November.

American Express Company (AXP): CEO Kenneth I Chenault sold 1,417,857 Shares

CEO of American Express Company (AXP) Kenneth I Chenault sold 1,417,857 shares on 11/03/2010 at an average price of $41.88. American Express Company is primarily engaged in the business of providing travel related services, financial advisory services and international banking services throughout the world. American Express Company has a market cap of $52.66 billion; its shares were traded at around $44.07 with a P/E ratio of 14.3 and P/S ratio of 2. The dividend yield of American Express Company stocks is 1.7%.

American Express Company reported its 2010 third quarter results. The Company reported revenues of $7.0 billion.

CEO Kenneth I Chenault sold 1,417,857 shares of AXP stock on 11/03/2010 at the average price of 41.88. Director Theodore Leonsis bought 20,000 shares of AXP stock on 10/25/2010 at the average price of 39.38. Executive Vice President William H Glenn, EVP-Corp. Affairs Thomas A Schick, Vice Chairman Edward P Gilligan sold 421,377 shares of AXP stock in July.

Aon Corp. (AOC): CEO/Chair - Aon Hewitt Russell P Fradin sold 788,689 Shares

CEO/Chair - Aon Hewitt of Aon Corp. (AOC) Russell P Fradin sold 788,689 shares on 11/02/2010 at an average price of $39.84. Aon Corporation is a holding company whose operating subsidiaries carry onbusiness in three distinct segments: insurance brokerage and other services; consulting; and insurance underwriting. with a P/E ratio of 8.2. The dividend yield of Aon Corp. stocks is 1.3%.

Aon Corp. announced their third quarter results. The Company announced revenues of $1.8 billion.

CEO/Chair - Aon Hewitt Russell P Fradin sold 788,689 shares of AOC stock on 11/02/2010 at the average price of 39.84.

Allergan Inc. (AGN): Chairman and CEO David E I Pyott sold 667,229 Shares

Chairman and CEO of Allergan Inc. (AGN) David E I Pyott sold 667,229 shares on 11/05/2010 at an average price of $73.01. Allergan, Inc. is a provider of eye care and specialty pharmaceutical products throughout the world with products in the eye care pharmaceutical, ophthalmic surgical device, over-the-counter contact lens care, movement disorder, and dermatological markets. Allergan Inc. has a market cap of $21.8 billion; its shares were traded at around $70.87 with a P/E ratio of 23.9 and P/S ratio of 4.7. The dividend yield of Allergan Inc. stocks is 0.3%. Allergan Inc. had an annual average earning growth of 18.5% over the past 5 years.

Allergan Inc. announced its 2010 third quarter results. The Company reported net sales of $1.2 million.

Chairman and CEO David E I Pyott sold 667,229 shares of AGN stock on 11/05/2010 at the average price of 73.01. EVP, Fin & Bus. Dev., CFO Jeffrey L Edwards sold 43,596 shares of AGN stock on 07/15/2010 at the average price of 64.68. President F Michael Ball sold 304,200 shares of AGN stock on 11/03/2010 at the average price of 73. Director Gavin S Herbert sold 30,000 shares of AGN stock in October and November. SR. VP, Corp. Controller (PAO) James F Barlow sold 37,825 shares of AGN stock in May and September.

For the complete list of stocks that bought by their CEOs, go to: Insider Buys.