Weekly Top Insider Sells: DG, COST, RRC, and IRM

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Oct 22, 2012
According to GuruFocus Insider Data, these are the largest insider sells during the past week. The overall trend of insiders is illustrated in the chart below:





Dollar General Corp. (DG, Financial): Director Adrian M. Jones sold 1,172,263 Shares


Director of Dollar General Corp. (DG) Adrian M. Jones sold 1,172,263 shares on 10/11/2012 at an average price of $47.17.


Dollar General Corporation is a discount retailer in the U.S. Dollar General Corp. has a market cap of $16.17 billion; its shares were traded at around $47.17 with a P/E ratio of 18.5 and P/S ratio of 1.1.


On Sept. 5, Dollar General Corporation quarterly results for the quarter ended August 3, 2012. The Company's net income increased by 47 percent to$214 million in the 2012 second quarter, compared to net income of$146 million in the 2011 second quarter. Adjusted net income, as defined in the accompanying table, increased 27 percent to$231 million in the 2012 quarter, compared to$181 million in the 2011 quarter. Diluted earnings per share increased to$0.64 in the 2012 second quarter from$0.42 in the 2011 quarter. Adjusted diluted EPS increased by 33 percent to$0.69 in the 2012 second quarter from$0.52 in the 2011 second quarter.


Costco Wholesale Corporation (COST, Financial): Chairman of the Board Jeffrey H. Brotman sold 150,000 Shares


Chairman of the Board of Costco Wholesale Corporation (COST) Jeffrey H. Brotman sold 150,000 shares on 10/17/2012 at an average price of $94.65.


Costco Wholesale Corp. operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise categories will produce high sales volumes and rapid inventory turnover. Costco Wholesale Corporation has a market cap of $42.18 billion; its shares were traded at around $94.65 with a P/E ratio of 24.6 and P/S ratio of 0.4. The dividend yield of Costco Wholesale Corp. stocks is 1.1%. Costco Wholesale Corporation had an annual average earnings growth of 9.3% over the past 10 years. GuruFocus rated Costco Wholesale Corp. the business predictability rank of 5-star.


On Oct. 10, 2012 Costco Wholesale announced its operating results for the 17-week fourth quarter and the 53-week fiscal year 2012 ended Sept. 2, 2012. Net sales for the 17-week fourth quarter were $31.52 billion, an increase of 14 percent from $27.59 billion in the 16-week fourth quarter of fiscal 2011 ended August 28, 2011. Net sales for the 53-week fiscal year 2012 were $97.06 billion, an increase of 12 percent from $87.05 billion in the prior 52-week fiscal year. Net income for the 17-week fourth quarter of fiscal 2012 was $609 million, or $1.39 per diluted share, compared to $478 million, or $1.08 per diluted share, during the 16-week fourth quarter of fiscal 2011.


Director James D. Sinegal sold 100,000 shares of COST stock on 08/07/2012 at the average price of $95.88. James D. Sinegal owns at least 1,931,619 shares after this. The price of the stock has decreased by 1.28% since.


Range Resources Corp. (RRC, Financial): Senior Vice President Mark D. Whitley sold 161,934 Shares


Senior Vice President of Range Resources Corp. (RRC) Mark D. Whitley sold 161,934 shares on 10/16/2012 at an average price of $68.83.


Range Resources Corp. acquires, develops, and finances oil and gas properties in the U.S. Range Resources Corp. has a market cap of $11.66 billion; its shares were traded at around $68.83 with a P/E ratio of 96.9 and P/S ratio of 9.6. The dividend yield of Range Resources Corp. stocks is 0.2%. Range Resources Corp. had an annual average earnings growth of 7.3% over the past 10 years.


On Oct. 11, 2012 Range Resources Corp. announced its third quarter 2012 production results, preliminary realized prices and an update on its hedging status. On an equivalent basis, production volumes exceeded the upper range of guidance for the third quarter production averaging 790 Mmcfe net per day, a 47% increase over the prior-year quarter and 10% greater than second quarter 2012.


Executive Chairman John H. Pinkerton sold 50,000 shares of RRC stock on 09/11/2012 at the average price of $69.95. John H. Pinkerton owns at least 2,027,921 shares after this. The price of the stock has decreased by 1.6% since.


Iron Mountain Incorporated (IRM, Financial): President, Iron Mountain International Marc A. Duale sold 150,000 Shares


President, Iron Mountain International of Iron Mountain Incorporated (IRM) Marc A. Duale sold 150,000 shares on 10/11/2012 at an average price of $34.08.


Iron Mountain Incorporated is one of the world's largest records and information management services company. Iron Mountain Incorporated has a market cap of $6.05 billion; its shares were traded at around $34.08 with a P/E ratio of 26.3 and P/S ratio of 2. The dividend yield of Iron Mountain Incorporated stocks is 3.1%. Iron Mountain Incorporated had an annual average earnings growth of 11.6% over the past 10 years. GuruFocus rated Iron Mountain Incorporated the business predictability rank of 4-star.


Company will announce the third quarter 2012 results on Oct. 31, 2012.


President North America Harold E. Ebbighausen sold 64,718 shares of IRM stock on 09/04/2012 at the average price of $32.53. Harold E. Ebbighausen owns at least 26,476 shares after this. The price of the stock has increased by 4.76% since.


Fastenal Company (FAST): Director Robert A. Kierlin sold 100,000 Shares


Director of Fastenal Company (FAST) Robert A. Kierlin sold 100,000 shares on 10/14/2012 at an average price of $43.76.


Fastenal Company sells industrial and construction supplies grouped into eleven product lines. Fastenal Company has a market cap of $13.42 billion; its shares were traded at around $43.76 with a P/E ratio of 32.6 and P/S ratio of 4.9. The dividend yield of Fastenal Company stocks is 1.7%. Fastenal Company had an annual average earnings growth of 17.3% over the past 10 years. GuruFocus rated Fastenal Company the business predictability rank of 3-star.


On Oct. 11, 2012, the Fastenal Company of Winona, MN reported the results of the quarter ended Sept. 30, 2012. Net sales, net earnings, and net earnings per share were as follows for the period ended Sept. 30: net sales was $2.3 billion, 14.9% more than that of a year ago; net earnings was $322 million or $1.09 per share.


Director Robert A. Kierlin sold 100,000 shares of FAST stock on 10/14/2012 at the average price of $45.26. Robert A. Kierlin owns at least 12,910,800 shares after this. The price of the stock has decreased by 3.31% since.


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