Weekly Top Insider Sells

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Jul 15, 2013
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:



Visa Inc. (V, Financial): Chief Enterprise Risk Officer Ellen Richey Sold 25,432 Shares

Chief Enterprise Risk Officer of Visa Inc. (V) Ellen Richey sold 25,432 shares on 07/11/2013 at an average price of $190.72.

Visa Inc. is a Delaware Corporation. It is a global payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks. Visa Inc. has a market cap of $150.45 billion; its shares were traded at around $190.72 with a P/E ratio of 53.48 and P/S ratio of 11.49. The dividend yield of Visa Inc. stocks is 0.63%. Visa Inc. had an annual average earnings growth of 14.4% over the past five years.

On May 1, 2013 Visa Inc. announced financial results for the company's fiscal second quarter 2013 ended March 31, 2013. Net income for the quarter was $1.3 billion or $1.92 per share, an increase of 17% and 20%, respectively, over the prior-year adjusted results. The prior-year results were adjusted to exclude a one-time non-cash benefit of $208 million related to the remeasurement of net deferred tax liabilities taken in the fiscal second quarter of 2012. On a GAAP basis, net income for the quarter decreased 2% and diluted earnings per share increased 1% over the prior year. All references to earnings per share assume fully diluted class A share count unless otherwise noted.

The company's adjusted quarterly net income per share of class A common stock is a non-GAAP financial measure that is reconciled to its most directly comparable GAAP measure in the accompanying financial tables. Net operating revenue in the fiscal second quarter of 2013 was $3.0 billion, an increase of 15% over the prior year, driven by strong growth in service revenues, data processing revenues and international transaction revenues.There was no significant impact on current quarter results related to the strengthening or weakening of the U.S. dollar over the prior year.

GBL Chief Brand Officer Antonio Lucio sold 23,906 shares of V stock on 02/14/2013 at the average price of $155.8. Antonio Lucio owns at least 45,745 shares after this. The price of the stock has increased by 22.41% since.

New York Community Bancorp Inc. (NYCB, Financial): Director Max L. Kupferberg sold 330,000 Shares

Director of New York Community Bancorp Inc. (NYCB) Max L. Kupferberg sold 330,000 shares on 07/08/2013 at an average price of $14.60.

New York Community Bancorp Inc. has a market cap of $6.35 billion; its shares were traded at around $14.60 with a P/E ratio of 12.76 and P/S ratio of 4.39. The dividend yield of New York Community Bancorp Inc. stocks is 6.85%. New York Community Bancorp Inc. had an annual average earnings growth of 45.4% over the past five years.

On April 24, 2013, New York Community Bancorp Inc reported GAAP earnings of $118.7 million, or $0.27 per diluted share, and cash earnings of $128.6 million, or $0.29 per diluted share, for the three months ended March 31, 2013.

Director Max L. Kupferberg sold 330,000 shares of NYCB stock on 07/08/2013 at the average price of $14.47. Max L. Kupferberg owns at least 2,439,395 shares after this. The price of the stock has increased by 0.9% since.

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