DISH Network, H&R Block, Celgene, Plum Creek Timber Log Largest Insider Sells

A look at the most significant insider sells of the past week

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Jan 04, 2016
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According to GuruFocus Insider Data, the largest insider sells during the past week were: DISH Network Corp., H&R Block Inc., Celgene Corp. and Plum Creek Timber Co. Inc.

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

DISH Network Corp.: Senior Adviser David K. Moskowitz sold 300,000 shares

DISH Network (DISH, Financial) Senior Adviser David K. Moskowitz sold 300,000 shares on Dec. 29, 2015, at an average price of $57.18. The price of the stock has decreased by 1.23% since.

Dish Network has a market cap of $26.49 billion. Its shares were traded at around $57.18 with a P/E ratio of 20.70 and a P/S ratio of 1.77. Dish Network had an annual average earnings growth of 5.80% over the past 10 years.

Dish Network has released its results for the third quarter ended Sept. 30, 2015. Revenue for this period was $3.73 billion compared to $3.68 billion for the same period in 2014. Net income attributable for the company was $196 million versus $146 million from the year-ago quarter and diluted EPS improved to 42 cents from 31 cents a year ago.

H&R Block Inc.: CFO Gregory J. Macfarlane sold 265,778 shares

H&R Block (HRB, Financial) CFO Gregory J. Macfarlane sold 265,778 shares on Dec. 29, 2015, at an average price of $33.31.

H&R Block has a market cap of $7.86 billion, and its shares were traded at around $33.31 with a P/E ratio of 21.30 and a P/S ratio of 3.04. The company has a dividend yield of 2.40% and an annual average earnings growth of 3.80% over the past 10 years.

H&R Block released its results for fiscal second quarter 2016, ended Oct. 31, 2015. Revenue in this quarter decreased 4.6% from a year ago to $128 million largely due to the impact of foreign currency exchange rates. Loss per share from continuing operations was 54 cents.

Chief Accounting and Risk Officer Jeffrey Brown sold 50,000 shares of H&R Block stock on Dec. 16, 2015, at the average price of $33.3.

Celgene Corp.: Director Ernest Mario sold 40,000 shares

Celgene (CELG, Financial) Director Ernest Mario sold 40,000 shares on Dec. 28, 2015, at an average price of $119.76.

Celgene is an integrated biopharmaceutical company engaged in the discovery, development and commercialization of new therapies designed to treat cancer and immune-inflammatory related diseases. It has a market cap of $94.09 billion, and its shares were traded at around $119.76 with a P/E ratio of 60.30 and a P/S ratio of 11.19. Celgene had an annual average earnings growth of 23.10% over the past five years.

In its third quarter of 2015, Celgene generated net product sales of $2.31 billion, which was 18% higher than the $1.96 billion generated in the same period of 2014. Adjusted diluted EPS for the third quarter of 2015 were $1.23 versus 97 cents for the same period a year ago.

Director Michael D. Casey and Director Gilla Kaplan recently sold shares of Celgene stock.

Plum Creek Timber Co. Inc.: SVP, Resources and OPS support Larry D. Neilson sold 58,000 Shares

Plum Creek Timber (PCL, Financial) SVP Larry D. Neilson sold 58,000 shares on Dec. 29, 2015, at an average price of $47.72.

Plum Creek Timber has a market cap of $8.28 billion, and its shares were traded at around $47.72 with a P/E ratio of 36.00 and a P/S ratio of 5.41. The dividend yield of Plum Creek Timber stocks is 3.69%. The company had an annual average earnings growth of 1.50% over the past five years.

Plum Creek Timber has released its third-quarter 2015 results. Earnings in this quarter were $100 million, or 58 cents per diluted share, on revenues of $414 million. This compares to earnings of $61 million, or 34 cents per share, and revenues of $375 million in the third quarter of 2014. Plum Creek Timber has announced a merger between itself and Weyerhaeuser (WY, Financial) to create a $23 billion timber REIT.

President and COO Thomas M. Lindquist sold 17,500 shares of Plum Creek Timber stock on Dec. 29, 2015 at the average price of $48.71.

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