Weekly Top Insider Sells: CBG, TRW, FSLR,AMZN,and FE

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Mar 15, 2011
According to GuruFocus Insider Data, these are the largest insider sells during the past week.



CB RICHARD ELLIS GROUP INC. (CBG, Financial): Director Raymond E Wirta sold 900,000 Shares

Director of CB RICHARD ELLIS GROUP INC. (CBG) Raymond E Wirta sold 900,000 shares during the past week at an average price of $27.19.



CB Richard Ellis Group is a global commercial real estate services firm offering a full range of services to occupiers, owners, lenders and investors in office, retail, industrial, multi-family and other commercial real estate assets. Cb Richard Ellis Group Inc. has a market cap of $8.8 billion; its shares were traded at around $27.19 with a P/E ratio of 37.2 and P/S ratio of 1.7. Cb Richard Ellis Group Inc. had an annual average earnings growth of 0.4% over the past 5 years.



On Feb 03, 2011 CB Richard Ellis Group, Inc. reported strong earnings and revenue growth for the fourth quarter and year ended December 31, 2010 Net income on a U.S. GAAP basis improved 48% to $95.1 million, or $0.30 per diluted share, for the fourth quarter, compared with $64.3 million, or $0.21 per diluted share, for the fourth quarter of 2009. Excluding selected charges1, net income2 would have totaled $115.4 million, or $0.36 per diluted share, for the current-year quarter, an increase of 34% compared with net income of $86.0 million, or $0.28 per diluted share, in the fourth quarter of 2009.



Ken Heebner, John Paulson, John Rogers, and Ron Baron own position in this stock.



Sell: President, Americas Michael J Lafitte sold 5,505 shares of CBG stock on 12/22/2010 at the average price of 21.24. Michael J Lafitte owns at least 246,603 shares after this. The price of the stock has increased by 28.01% since.



TRW AUTOMOTIVE HOLDINGS CORP. (TRW, Financial): Executive V.P. & COO Steven Lunn sold 273,257 Shares


Executive V.P. & COO of TRW AUTOMOTIVE HOLDINGS CORP. (TRW) Steven Lunn sold 273,257 shares during the past week at an average price of $56.09.



TRW Automotive is an automotive supplier. Its products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. Trw Automotive Holdings Corp. has a market cap of $6.87 billion; its shares were traded at around $56.09 with a P/E ratio of 8.5 and P/S ratio of 0.5.



On February 17, 2011 TRW Automotive Holdings Corp. reported fourth quarter 2010 financial results with sales of $3.7 billion, an increase of 10 percent compared to the prior year period. The Company reported GAAP fourth quarter net earnings of $204 million or $1.56 per diluted share, which compares to net earnings of $141 million or $1.18 per diluted share in the prior year period.



Joel Greenblatt own position in this stock.



Sell: Director Robert L. Friedman sold 9,040,313 shares of TRW stock on 11/15/2010 at the average price of 48.26. Robert L. Friedman owns at least 19,488,416 shares after this. The price of the stock has increased by 16.22% 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 03/10/2011 at an average price of $146.91.



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 $12.62 billion; its shares were traded at around $146.91 with a P/E ratio of 19.1 and P/S ratio of 4.9.



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. Fourth quarter net income per fully diluted share was $1.80, down from $2.04 in the third quarter of 2010 and up from $1.65 in the fourth quarter of 2009. Quarter over quarter, the net income decrease was primarily driven by lower net sales and increased expenses, partially offset by higher gross margins. Year over year, the net income increase was primarily driven by higher module production and lower module cost per watt, partially offset by reduced module average selling prices and increased expenses. Fiscal 2010 net income per fully diluted share was $7.68, up from $7.53 in fiscal 2009.



Ruane Cunniff own position in this stock.



Sell: 10% Owner Of John T. Walton Estate sold 139,400 shares of FSLR stock on 03/04/2011 at the average price of 146.36. Of John T. Walton Estate owns at least 15,266,505 shares after this. The price of the stock has increased by 0.38% since.



Amazon.com Inc. (AMZN, Financial): Senior Vice President Sebastian J Gunningham sold 70,000 Shares




Senior Vice President of Amazon.com Inc. (AMZN) Sebastian J Gunningham sold 70,000 shares on 03/07/2011 at an average price of $166.73.



Amazon.com, Inc. seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com Inc. has a market cap of $75.2 billion; its shares were traded at around $166.73 with a P/E ratio of 65.9 and P/S ratio of 2.2. Amazon.com Inc. had an annual average earnings growth of 28.5% over the past 5 years.



On Jan 27, 2011 Amazon.com, Inc. announced financial results for its fourth quarter ended December 31, 2010. Operating cash flow increased 6% to $3.50 billion for the trailing twelve months, compared with $3.29 billion for the trailing twelve months ended December 31, 2009. Free cash flow decreased 14% to $2.52 billion for the trailing twelve months, compared with $2.92 billion for the trailing twelve months ended December 31, 2009. Net sales increased 36% to $12.95 billion in the fourth quarter, compared with $9.52 billion in fourth quarter 2009. Excluding the $139 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales would have grown 37% compared with fourth quarter 2009. Operating income was $474 million in the fourth quarter, compared with $476 million in fourth quarter 2009. The unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter on operating income was $18 million.Net income increased 8% to $416 million in the fourth quarter, or $0.91 per diluted share, compared with net income of $384 million, or $0.85 per diluted share, in fourth quarter 2009.



Andreas Halvorsen owns position in this stock.



Sell: Senior Vice President Jeffrey A Wilke sold 18,015 shares of AMZN stock on 02/15/2011 at the average price of 189.41. Jeffrey A Wilke owns at least 77,394 shares after this. The price of the stock has decreased by 11.97% since.



FIRSTENERGY CORP. (FE, Financial): Executive Vice Chairman Paul J Evanson sold 317,701 Shares

Executive Vice Chairman of FIRSTENERGY CORP. (FE) Paul J Evanson sold 317,701 shares on 03/08/2011 at an average price of $38.32.



FirstEnergy Corp. is a diversified energy services holding company as the result of the merger of Ohio Edison Company and Centerior Energy Corporation. Firstenergy Corp. has a market cap of $16.03 billion; its shares were traded at around $38.32 with a P/E ratio of 10.6 and P/S ratio of 1.2. The dividend yield of Firstenergy Corp. stocks is 574.1%. Firstenergy Corp. had an annual average earnings growth of 3.9% over the past 10 years.



On Feb. 16, 2011 FirstEnergy Corp. reported 2010 basic earnings of $3.62 per share of common stock ($3.61 diluted) on a non-GAAP* basis. These results exclude the special items listed in the table. This compares to 2009 basic non-GAAP earnings of $3.77 per share ($3.75 diluted). On a GAAP basis, 2010 basic earnings were $2.58 per share ($2.57 diluted) on net income of $760 million, and revenue of $13.34 billion. In 2009, basic earnings were $3.31 per share ($3.29 diluted), on net income of $990 million, and revenue of $12.97 billion. Fourth quarter 2010 non-GAAP basic earnings were $0.71 per share of common stock ($0.70 diluted). In the fourth quarter of 2009, non-GAAP basic and diluted earnings were $0.77 per share. On a GAAP basis, fourth quarter 2010 basic and diluted earnings were $0.61 per share, on net income of $180 million and revenue of $3.22 billion. This compares to basic and diluted earnings of $0.78 per share in the fourth quarter of 2009, on net income of $236 million, and revenue of $2.96 billion.



Brian Rogers and Jean-Marie Eveillard own position in this stock.



Sell: Senior Vice President Donald R Schneider sold 553 shares of FE stock on 10/29/2010 at the average price of 35.95. Donald R Schneider owns at least 20,202 shares after this. The price of the stock has increased by 6.59% since.



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