Weekly Insider Sells Highlight: BlackRock, Netflix, Amazon.com, Foot Locker

The biggest insider sales of the past week

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Sep 07, 2015
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According to GuruFocus Insider Data, the largest insider sells during the past week were: BlackRock Inc., Netflix Inc., Amazon.com Inc., and Foot Locker Inc.

The overall trend of insiders is illustrated in the chart below:

BlackRock (BLK, Financial): President Robert Kapito sold 50,000 Shares

President Robert Kapito sold 50,000 shares of BLK stock on Aug. 31 at the average price of $303.49. The price of the stock has decreased by 3.05% since.

BlackRock is a publicly traded investment management firm which serves clients in over 100 countries. The company has a market cap of $50.14 billion, and its shares were traded at around $294.24 with a P/E ratio of 14.80 and P/S ratio of 4.44. The dividend yield of Blackrock stocks is 2.88%. It had an annual average earnings growth of 20.70% over the past 10 years. GuruFocus rated Blackrock Inc the business predictability rank of 4-star.

BlackRock reported second quarter 2015 GAAP revenue of $2.90 billion, up 5% over the revenue of $2.77 billion in the same quarter last year. Net income was $819 million versus $808 million last year, and diluted EPS were $4.84 compared to the $4.72 reported in the year-ago quarter. Operating income was up 10% year-over-year to $1.24 billion.

Chairman and CEO Laurence Fink sold 19,200 shares of BLK stock on Aug. 6 at the average price of $336.65.

Netflix (NFLX, Financial): Director George Battle sold 49,000 Shares

Director George Battle sold 49,000 shares of NFLX stock on Sept. 1 at the average price of $107.95. George Battle owns at least 56,000 shares after this. The price of the stock has decreased by 8.49% since.

Netflix has a market cap of $48.81 billion; its shares were traded at around $98.79 with a P/E ratio of 222.50 and P/S ratio of 7.01. The company had an annual average earnings growth of 44.00% over the past 10 years. GuruFocus rated it the business predictability rank of 5-star.

As of its second quarter 2015, Netflix had over 65 million members. For this quarter, the company generated revenue of $1.48 billion compared to $1.14 billion for the second quarter of last year. Second quarter 2015 EPS were $0.06 after adjustment for the company’s 7-for-1 stock split (EPS pre-split would be $0.42).

CEO Reed Hastings sold 87,591 shares of NFLX stock on Aug. 24 at the average price of $86.95. Director Richard N Barton and multiple other insiders all also recently sold shares of NFLX stock.

Amazon.com Inc. (AMZN, Financial): Director Patricia Q Stonesifer sold 6,250 Shares

Director of Amazon.com (AMZN, Financial) Patricia Q Stonesifer sold 6,250 shares on Sept. 2 at an average price of $499.00.

Amazon.com Inc has a market cap of $239.88 billion; its shares were traded at around $499.00 with a P/S ratio of 2.43. The comapny had an annual average earnings growth of 23.70% over the past 10 years. GuruFocus rated it the business predictability rank of 5-star.

Amazon has released its second quarter 2015 results. For this period, net sales increased 20% to $23.18 billion, compared with $19.34 billion in the second quarter of 2014. Operating income was $464 million compared to an operating loss of $15 million last year. Net income was $0.19 per diluted share, compared with a net loss per share of $0.27 in prior-year quarter.

Chairman, CEO and President, 10% Owner Jeffrey P Bezos sold 1,000,000 shares of AMZN stock on Aug. 5 at the average price of $533.89.

Foot Locker Inc (FL, Financial): SVP & Chief Accounting Officer Giovanna Cipriano sold 40,000 Shares

SVP and Chief Accounting Officer Giovanna Cipriano sold 40,000 shares of FL stock on Aug. 31 at the average price of $71.52. The price of the stock has decreased by 0.99% since.

Foot Locker Inc has a market cap of $9.86 billion; its shares were traded at around $70.81 with a P/E ratio of 18.90 and P/S ratio of 1.42. The dividend yield of Foot Locker stocks is 1.33%. Foot Locker had an annual average earnings growth of 9.70% over the past 10 years.

Foot Locker has reported second quarter net income of $119 million, 29% higher than in the prior year quarter. EPS increased 33% to $0.84, and comparable store sales improved 9.6%.

SVP and Chief HR Officer Paulette Alviti sold 14,000 shares of FL stock on Aug. 31 at the average price of $71.4.

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