Weekly Top Insider Sells: FE, BCR, FSLR, PCLN, PDE

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Apr 04, 2011
According to GuruFocus Insider Data, these are the largest insider sells during the past week.


FIRSTENERGY CORP. (FE, Financial): Executive Vice Chairman Paul J Evanson sold 317,700 Shares


Executive Vice Chairman of FIRSTENERGY CORP. (FE) Paul J Evanson sold 317,700 shares on 03/28/2011 at an average price of $37.25.


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 $15.58 billion; its shares were traded at around $37.25 with a P/E ratio of 10.3 and P/S ratio of 1.1. The dividend yield of Firstenergy Corp. stocks is 0.3%. Firstenergy Corp. had an annual average earnings growth of 3.5% over the past 10 years. GuruFocus rated Firstenergy Corp. the business predictability rank of 3.5-star.


On Feb. 16, 2011FirstEnergy 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 Roger and Jean-Marie Eveillard own position in this stock.


Sell: Sr VP & Pres, FE Utilities Charles E Jones sold 5,296 shares of FE stock on 03/08/2011 at the average price of 37.62. Charles E Jones owns at least 73,608 shares after this. The price of the stock has decreased by 0.98% since.


C.R. BARD INC. (BCR, Financial): President and COO John H Weiland sold 109,720 Shares


President and COO of C.R. BARD INC. (BCR) John H Weiland sold 109,720 shares on 03/29/2011 at an average price of $100.88.


C.R. Bard, Inc. is one of the worldwide leaders in developing, manufacturing, and supplying healthcare products that focus on Vascular, Urology, and Oncology Disease States. C.r. Bard Inc. has a market cap of $8.72 billion; its shares were traded at around $100.88 with a P/E ratio of 18 and P/S ratio of 3.1. The dividend yield of C.r. Bard Inc. stocks is 0.7%. C.r. Bard Inc. had an annual average earnings growth of 15.6% over the past 10 years. GuruFocus rated C.r. Bard Inc. the business predictability rank of 5-star.


On Jan 31, 2011 C. R. Bard, Inc. reported 2010 fourth quarter financial results. Fourth quarter 2010 net sales were $717.1 million, an increase of 6 percent over the prior-year period. Excluding the impact of foreign exchange, fourth quarter 2010 net sales increased 7 percent over the prior-year period. For the fourth quarter 2010, net income attributable to common shareholders was $136.2 million and diluted earnings per share available to common shareholders were $1.47, an increase of 29 percent and 36 percent, respectively, as compared to fourth quarter 2009 results. Adjusting for items that affect comparability between periods as detailed in the tables below, fourth quarter 2010 net income attributable to common shareholders was $143.4 million and diluted earnings per share available to common shareholders were $1.54, an increase of 5 percent and 11 percent, respectively, as compared to fourth quarter 2009 results.


Donald Yacktman and John Hussman own position in this stock.


Sell: Vice President and Controller Frank Lupisella Jr sold 9,500 shares of BCR stock on 02/17/2011 at the average price of 97.93. Frank Lupisella Jr owns at least 21,123 shares after this. The price of the stock has increased by 3.01% since.


First Solar Inc. (FSLR, Financial): Director Michael J Ahearn sold 70,000 Shares


Director of First Solar Inc. (FSLR) Michael J Ahearn sold 70,000 shares on 03/25/2011 at an average price of $160.4.


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 $13.78 billion; its shares were traded at around $160.4 with a P/E ratio of 20.9 and P/S ratio of 5.4. First Solar Inc. had an annual average earnings growth of 142.4% over the past 5 years.


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 owns position in this stock.


Sell: Director Michael J Ahearn sold 260,000 shares of FSLR stock on 03/15/2011 at the average price of 149.13. Michael J Ahearn owns at least 1,028,705 shares after this. The price of the stock has increased by 7.56% since.


priceline.com Inc. (PCLN, Financial): COO, Booking.com BV Kees Koolen sold 15,000 Shares


COO, Booking.com BV of priceline.com Inc. (PCLN) Kees Koolen sold 15,000 shares on 03/28/2011 at an average price of $513.85.


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 $25.26 billion; its shares were traded at around $513.85 with a P/E ratio of 41.7 and P/S ratio of 8.1. Priceline.com Inc. had an annual average earnings growth of 61.7% 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, Ken Heebner, and George Soros own position in this stock.


Sell: COO, Booking.com BV Kees Koolen sold 15,000 shares of PCLN stock on 03/21/2011 at the average price of 446.6. Kees Koolen owns at least 39,011 shares after this. The price of the stock has increased by 15.06% since.


PRIDE INTERNATIONAL INC. (PDE, Financial): SVP - Ops, Asset Mgmt. & Eng. Imran Toufeeq sold 125,639 Shares


SVP - Ops, Asset Mgmt. & Eng. of PRIDE INTERNATIONAL INC. (PDE) Imran Toufeeq sold 125,639 shares during the past week at an average price of $43.41.


Pride is a international provider of contract drilling and relatedservices, operating both offshore and on land. Pride International Inc. has a market cap of $7.69 billion; its shares were traded at around $43.41 with a P/E ratio of 29 and P/S ratio of 5.4. Pride International Inc. had an annual average earnings growth of 3% over the past 10 years.


On Feb 17, 2011 Pride International, Inc. reported income from continuing operations, net of tax, for the three months ended December 31, 2010 of $62.2 million, or $0.35 per diluted share. The fourth quarter 2010 results compared to income from continuing operations, net of tax, for the three months ended September 30, 2010 of $42.8 million, or $0.24 per diluted share. Net income for the three months ended December 31, 2010 was $52.1 million, or $0.29 per diluted share, including a loss from discontinued operations of $10.1 million, or $0.06 per diluted share. The reported results compared to net income of $36.5 million, or $0.20 per diluted share, for the three months ended September 30, 2010, including a loss from discontinued operations of $6.3 million, or $0.04 per diluted share. For the three months ended December 31, 2009, the company reported a net loss of $32.8 million, or $0.19 per diluted share, including a loss from discontinued operations of $9.6 million, or $0.06 per diluted share.


Robert Rodriguez, PRIMECAP Management, and Mario Gabelli own position in this stock.


Sell: SrVP & Chief Admin Officer W Gregory Looser sold 45,457 shares of PDE stock on 03/10/2011 at the average price of 41.29. W Gregory Looser owns at least 101,802 shares after this. The price of the stock has increased by 5.13% since.


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



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