Weekly Top Insider Sells: PCLN, HUM, PRGO,GOOG, FSLR

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Mar 08, 2011
According to GuruFocus Insider Data, these are the largest insider sells during the past week.

priceline.com Inc. (PCLN, Financial): Vice Chairman Robert J Jr Mylod sold 61,666 Shares

Vice Chairman of priceline.com Inc. (PCLN) Robert J Jr Mylod sold 61,666 shares during the past week at an average price of $469.128.

Priceline.com Incorporated has pioneered a unique e-commerce pricing system known as a `demand collection system` that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Priceline.com Inc. has a market cap of $23.03 billion; its shares were traded at around $469.128 with a P/E ratio of 38.2 and P/S ratio of 7.6. Priceline.com Inc. had an annual average earning growth of 62.8% over the past 5 years.

On Feb. 23, 2011 Priceline.com Incorporated reported 4th quarter and full-year 2010 financial results for the Priceline Group of Companies. Fourth quarter gross travel bookings for the group, which refers to the total dollar value, generally inclusive of all taxes and fees, of all travel services purchased by consumers, were $3.26 billion, an increase of 44.2% over a year ago. The Group had revenues in the 4th quarter of $731 million, a 35.0% increase over a year ago. The Group's international operations contributed revenues in the 4th quarter of $374.9 million, a 68.2% increase versus a year ago (approximately 75% on a local currency basis). The Group's gross profit for the 4th quarter was$478.4 million, a 52.8% increase from the prior year. International operations contributed gross profit in the 4th quarter of $374.0 million, a 68.4% increase versus a year ago (approximately 75% growth on a local currency basis). The Group's operating income in the 4th quarter was $189.0 million, a 60.3% increase from the prior year. The Group had GAAP net income applicable to common shareholders for the 4th quarter of $135.7 million, or $2.66 per diluted share, which compares to $78.4 million or $1.55 per diluted share, in the same period a year ago.

Ron Baron owns position in this stock.

Sell: Executive VP, General Counsel Peter J Millones sold 5,860 shares of PCLN stock on 03/01/2011 at the average price of 448.66. Peter J Millones owns at least 10,003 shares after this. The price of the stock has increased by 4.56% since.

HUMANA INC. (HUM, Financial): COO James E Murray sold 336,000 Shares

COO of HUMANA INC. (HUM) James E Murray sold 336,000 shares during the past week at an average price of $64.56.

Humana, Inc. is a health services company that facilitates the delivery of health care services through networks of providers to its medical members. Humana Inc. has a market cap of $10.87 billion; its shares were traded at around $64.56 with a P/E ratio of 9.1 and P/S ratio of 0.3. Humana Inc. had an annual average earning growth of 23.5% over the past 10 years. GuruFocus rated Humana Inc. the business predictability rank of 3.5-star.

On Feb 07, 2011 Humana Inc. reported diluted earnings per common share (EPS) for the quarter ended December 31, 2010 (4Q10) of $0.63, compared to $1.48 per share for the quarter ended December 31, 2009 (4Q09). For the year ended December 31, 2010 (FY10) the company reported $6.47 in EPS compared to $6.15 for the year ended December 31, 2009 (FY09). The FY10 results reflected higher average Medicare Advantage membership, lower-than-normal commercial medical costs trends, improved performance in the company's operations and the beneficial effect of $0.86 per share in higher-than-expected favorable medical claims development related to prior years(a), partially offset by the $1.02 per share of incremental 4Q10 expenses described above and $0.55 per share in expenses from the write-down of certain deferred acquisition costs in the second quarter of 2010.

John Hussman, Edward Owens,and Richard Perry own positions in this stock.

Sell: COO James E Murray sold 168,000 shares of HUM stock on 03/03/2011 at the average price of 63.98. James E Murray owns at least 127,245 shares after this. The price of the stock has increased by 0.91% since.

Perrigo Company (PRGO, Financial): Director Moshe Arkin sold 278,387 Shares

Director of Perrigo Company (PRGO) Moshe Arkin sold 278,387 shares during the past week at an average price of $77.6.

Perrigo Company, is the nations largest manufacturer of store brand over-the-counter (non-prescription) pharmaceutical products and also manufactures store brand nutritional products. Perrigo Company has a market cap of $7.16 billion; its shares were traded at around $77.6 with a P/E ratio of 22.9 and P/S ratio of 3.1. The dividend yield of Perrigo Company stocks is 0.4%. Perrigo Company had an annual average earning growth of 17.7% over the past 10 years. GuruFocus rated Perrigo Company the business predictability rank of 2.5-star.

On February 1, 2011 Perrigo Company announced results for its second quarter and six months ended December 25, 2010. Fiscal second quarter revenue from continuing operations increased $135 million, or 23%, to $718 million. Fiscal second quarter GAAP income from continuing operations increased 43% to an all-time record $90 million, or $0.96 per share. Fiscal second quarter adjusted income from continuing operations increased 46% to $98 million, or $1.05 per share. Record second quarter cash flow from operations of $129 million. Management raises full-year fiscal 2011 adjusted diluted earnings from continuing operations guidance to $3.75-$3.90 per share from previously announced $3.60-$3.75 per share.

Edward Owens and Ruane Cunniff own position in this stock.

Sell: Director Moshe Arkin sold 43,874 shares of PRGO stock on 02/25/2011 at the average price of 75.51. Moshe Arkin owns at least 6,222,354 shares after this. The price of the stock has increased by 2.77% since.

Google Inc. (GOOG, Financial): Director L John Doerr sold 27,581 Shares

Director of Google Inc. (GOOG) L John Doerr sold 27,581 shares during the past week at an average price of $600.62.

Google is a public and profitable company focused on search services. Google Inc. has a market cap of $193.11 billion; its shares were traded at around $600.62 with a P/E ratio of 22.8 and P/S ratio of 6.6. Google Inc. had an annual average earning growth of 58.4% over the past 10 years.

On January 20, 2011 Google Inc. announced financial results for the quarter and the fiscal year ended December 31, 2010. Google reported revenues of $8.44 billion for the quarter ended December 31, 2010, an increase of 26% compared to the fourth quarter of 2009. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the fourth quarter of 2010, TAC totaled $2.07 billion, or 25% of advertising revenues.

Andreas Halvorsen, Julian Robertson, Wallace Weitz, Ruane Cunniff, PRIMECAP Management, and Chris Davis own position in this stock.

Sell: Director John L Hennessy sold 700 shares of GOOG stock on 03/01/2011 at the average price of 607.58. John L Hennessy owns at least 4,720 shares after this. The price of the stock has decreased by 1.15% since.

First Solar Inc. (FSLR, Financial): Director Michael J Ahearn sold 100,000 Shares

Director of First Solar Inc. (FSLR) Michael J Ahearn sold 100,000 shares on 03/02/2011 at an average price of $146.57.

FIRST SOLAR INC. manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs. First Solar Inc. has a market cap of $12.56 billion; its shares were traded at around $146.57 with a P/E ratio of 19.1 and P/S ratio of 4.8.

On Feb 24, 2011 First Solar, Inc. announced its financial results for the fourth quarter and fiscal year ended December 31, 2010. Fourth quarter 2010 net sales were $610 million, a decrease of $188 million from the third quarter of 2010, primarily due to the timing of system sales and the December implementation of 2011 pricing, partially offset by an increase in volume. Quarterly net sales decreased slightly from $641 million in the fourth quarter of 2009, due to decreased systems revenue and reduced module prices, partially offset by higher volume. Net sales for the fiscal year 2010 were $2,564 million, up 24% from $2,066 million in fiscal year 2009.

Ruane Cunniff owns position in this stock.

Sell: Chief Technology Officer David J Eaglesham sold 3,627 shares of FSLR stock on 03/01/2011 at the average price of 147.54. David J Eaglesham owns at least 2,582 shares after this. The price of the stock has decreased by 0.66% since.

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