Weekly Top Insider Sells: NOW, FB, GILD, and ISRG

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Nov 26, 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:



Asia Now Resources Corp. (NOW, Financial): Director Charles Noell III sold 9,746,361 Shares

Director of Asia Now Resources Corp. (NOW) Charles Noell III sold 9,746,361 shares on 11/20/2012 at an average price of $30.77.

ServiceNow Inc. provides cloud-based services that automate enterprise IT operations. ServiceNow Inc. has a market cap of $488.45 billion; its shares were traded at around $30.77.

On Oct. 24, 2012, ServiceNow Inc. announced its financial results for its third quarter of 2012. Revenues of $64.3 million, an increase of 88% compared to the third quarter of 2011, and an increase of 13% from the second quarter of 2012. A GAAP net loss for the quarter was $13.1 million, or a loss of $0.11 per basic and diluted share, compared to GAAP net income of $0.1 million, or net income of $0.00 per diluted share, in the third quarter of 2011.

Director, 10% Owner John J. Moores sold 12,962,898 shares of NOW stock on 11/20/2012 at the average price of $26.88. John J. Moores owns at least 3,258,040 shares after this. The price of the stock has increased by 14.47% since.

Facebook Inc. (FB, Financial): Director Marc L. Andreessen sold 2,309,945 Shares

Director of Facebook Inc. (FB) Marc L. Andreessen sold 2,309,945 shares on 11/19/2012 at an average price of $24.

Facebook Inc. operates a social networking website worldwide. Facebook Inc. has a market cap of $51.05 billion; its shares were traded at around $24 with and P/S ratio of 13.8.

On Oct. 23, 2012, Facebook Inc. reported financial results for the third quarter, which ended Sept. 30, 2012. Revenue for the third quarter totaled $1.26 billion, an increase of 32%, compared with $954 million in the third quarter of 2011.

Director Marc L. Andreessen sold 2,309,945 shares of FB stock on 11/19/2012 at the average price of $23.45. Marc L. Andreessen owns at least 6,818,181 shares after this. The price of the stock has increased by 2.35% since.

Gilead Sciences Inc. (GILD, Financial): Executive Vice President Commercial Operations Kevin Young sold 460,746 Shares

Executive Vice President Commercial Operations of Gilead Sciences Inc. (GILD) Kevin Young sold 460,746 shares on 11/19/2012 at an average price of $76.12.

Gilead Sciences Inc. is an independent biopharmaceutical company that seeks to provide accelerated solutions for patients and the people who care for them. Gilead Sciences Inc. has a market cap of $56.29 billion; its shares were traded at around $76.12 with a P/E ratio of 21.8 and P/S ratio of 6.7.

On Oct. 23, 2012, Gilead Sciences Inc. announced today its results of operations for the quarter ended Sept. 30, 2012. Total revenues for the third quarter of 2012 increased 14 percent to $2.43 billion, from $2.12 billion for the third quarter of 2011. Net income for the third quarter of 2012 was $675.5 million, or $0.85 per diluted share compared to $741.1 million, or $0.95 per diluted share for the third quarter of 2011.

Senior Vice President Human Resources Kristen Metza sold 30,000 shares of GILD stock on 11/01/2012 at the average price of $67.72. Kristen Metza owns at least 25,305 shares after this. The price of the stock has increased by 12.4% since.

Intuitive Surgical Inc. (ISRG, Financial): Chairman of the Board Lonnie M. Smith sold 40,406 Shares

Chairman of the Board of Intuitive Surgical Inc. (ISRG) Lonnie M. Smith sold 40,406 shares on 11/21/2012 at an average price of $537.5.

Intuitive Surgical Inc. designs and manufactures the da Vinci Surgical System. Intuitive Surgical Inc. has a market cap of $21.32 billion; its shares were traded around $537.5 with a P/E ratio of 34.5 and P/S ratio of 12.1. Intuitive Surgical, Inc. had an annual average earnings growth of 37.4% over the past 5 years.

On Oct. 16, 2012 Intuitive Surgical Inc.reported third quarter of 2012 revenue of $538 million, up approximately 20% compared with $447 million for the third quarter of 2011. Third quarter of 2012 net income was $183 million, or $4.46 per diluted share, compared with $122 million, or $3.05 per diluted share, for the third quarter of 2011. Included in net income are one-time tax benefits of approximately $38 million, including reserve reversals associated with the lapse of statutes of limitations.

Senior Vice President and General Counsel Mark J. Meltzer sold 10,000 shares of ISRG stock on 10/22/2012 at the average price of $546.88. Mark J. Meltzer owns at least 574 shares after this. The price of the stock has decreased by 1.72% since.

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