According to GuruFocus Insider Data, the largest insider sells during the past week were: Walgreens Boots Alliance Inc. (WBA, Financial), Waters Corp. (WAT, Financial), Fitbit Inc. (FIT, Financial), and Extra Space Storage Inc. (EXR, Financial).
The overall trend of insiders is illustrated in the chart below:
Walgreens Boots Alliance: Director Barry Rosenstein sold 1,452,470 shares
Walgreens Boots Alliance Director Barry Rosenstein sold 1,452,470 shares on Nov. 20 at an average price of $81.91 per share.
Walgreens Boots Alliance has a market cap of $89.18 billion. Its shares were traded at around $81.91 with a P/E ratio of 20.61 and P/S ratio of 0.84. The company has a dividend yield of 1.71% and had an annual average earnings growth of 7.50% over the past 10 years. GuruFocus rated Walgreens Boots Alliance the business predictability rank of 3.5 stars.
The company has released its fourth-quarter results for 2015. For the quarter ended Aug. 31, the company recorded adjusted earnings of 88 cents per diluted share, which was 14.3% higher than the year-ago quarter. On a GAAP basis, diluted EPS were 2 cents compared to a loss of 23 cents last year. Net sales in the fourth quarter increased 49.7% to $28.5 billion, largely due to the inclusion of Alliance Boots results in this year. Free cash flow for the quarter was $1.1 billion.
Waters: EVP and President Arthur G. Caputo sold 285,000 shares
Waters EVP Arthur G. Caputo sold 285,000 shares during the past week at an average price of $133.73 per share.
Waters is an analytical instrument manufacturer. The company mainly designs, manufactures, sells and services high performance liquid chromatography and mass spectrometry instrument systems. Waters has a market cap of $10.92 billion. Its shares were traded at around $133.73 with a P/E ratio of 23.92 and P/S ratio of 5.49. Waters had an annual average earnings growth of 10.70% over the past 10 years. GuruFocus rated it the business predictability rank of 4.5 stars.
For its third quarter of 2015, Waters reported net sales of $501 million, an increase of 2% over the sales of $493 million reported in the year-ago quarter. GAAP-diluted EPS were $1.40 for the third quarter of 2015 compared to $1.34 a year ago.
Fitbit: Chief Business Officer Edward M. Scal sold 707,400 shares
Edward M. Scal sold 707,400 shares on Nov. 18 at an average price of $27.03 per share.
Fitbit provides a platform to combine health and fitness devices with software and services. This includes an online dashboard, mobile apps, data analytics, personalized insights and virtual coaching through customized fitness plans and interactive workouts. Fitbit has a market cap of $5.6 billion; its shares were traded at around $27.03 with a P/E ratio of 37.54 and P/S ratio of 7.37.
Fitbit reported third quarter 2015 revenue of $409.3 million and GAAP net income of $45.8 million. This compares to revenue of $152.9 million and net income of $68.9 million for the third quarter of 2014. GAAP-diluted EPS for the third quarter of 2015 were 19 cents compared with 34 cents for the same quarter last year. On a non-GAAP basis, EPS was up to 24 cents versus 13 cents a year ago. Adjusted EBITDA was up to $85 million for this quarter compared to $44.3 million last year.
President, CEO and 10% owner James Park sold 2,226,980 shares of Fitbit stock on Nov. 18 at the average price of $28.13 per share. CFO William Zerella sold 216,000 shares of Fitbit stock on Nov. 18 at an average price of $28.13 per share. Multiple other insiders have also recently sold shares of Fitbit stock.
Extra Space Storage: Executive Chairman Kenneth M. Woolley sold 200,000 shares
Kenneth M. Woolley sold 200,000 shares on Nov. 19 at an average price of $82.78 per share.
Extra Space Storage has a market cap of $10.22 billion, and its shares were traded at around $82.78 with a P/E ratio of 43.92 and a P/S ratio of 14.30. The dividend yield of Extra Space Storage stocks is 2.56%. The company had an annual average earnings growth of 5.30% over the past 10 years.
Extra Space Storage reported third quarter 2015 FFO of $0.81 per diluted share, representing a 12.5% increase over the prior year quarter. Same store revenue increased 9.9% year over year for the company. The company paid a dividend of 59 cents for this quarter.
CEO Spencer Kirk sold 20,000 shares of Extra Space Storage stock on Nov. 2 at the average price of $79.13.
For the complete list of stocks that were bought/sold by their company executives, go to: Insider Buys.
