Weekly Top Insider Sells: Noble Energy Inc., Bed Bath & Beyond Inc., Yum! Brands Inc., Red Hat Inc.

Weekly Top Insider Sells: NBL, BBBY, YUM, RHT

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Jan 16, 2010
According to GuruFocus Insider Data, these are the largest insider sells during the past week.

Director of Noble Energy Inc. (NBL, Financial) Thomas J Edelman sold 264,614 shares during the past week at an average price of $77.7.

Noble Energy, the parent company of Samedan Oil Corporation, Noble Gas Marketing, Inc. and Noble Trading, Inc., is one of the nation's independent energy companies. Noble Energy Inc. has a market cap of $13.48 billion; its shares were traded at around $77.7 with a P/E ratio of 23.8 and P/S ratio of 3.4. The dividend yield of Noble Energy Inc. stocks is 1%. Noble Energy Inc. had an annual average earning growth of 14.7% over the past 10 years. GuruFocus rated Noble Energy Inc. the business predictability rank of 2-star.

Noble Energy, Inc. (NYSE:NBL) reported recently third quarter 2009 net income of $107 million, or $0.61 per share diluted, on revenues of $621 million. The results were reduced by certain items totaling $86 million after-tax, the largest of which was a previously disclosed unrealized commodity derivative loss. Excluding these items, which are typically not considered by analysts in published estimates, third quarter 2009 adjusted net income(1) was $193 million, or $1.10 per share diluted. For the third quarter of 2008, net income was $974 million, or $5.37 per share diluted, on revenues of $1.1 billion. Adjusted net income(1) for the same period was $395 million, or $2.08 per share diluted.

Noble Energy Inc. is owned by 4 Gurus. Richard Aster Jr., and David Williams both hold places in this stock.

Sell:: Chairman & CEO Charles D Davidson sold 50,000 shares of NBL stock on 01/05/2010 at the average price of 75, the price of the stock has increased by 3.6% since.Sell:: Director Thomas J Edelman sold 50,000 shares of NBL stock on 01/13/2010 at the average price of 75.82, the price of the stock has increased by 2.48% since. Sell:: Director Thomas J Edelman sold 214,614 shares of NBL stock on 01/12/2010 at the average price of 75.79, the price of the stock has increased by 2.52% since. Sell:: Sr. VP Northern Region Ted D Brown sold 13,860 shares of NBL stock on 01/05/2010 at the average price of 75.01, the price of the stock has increased by 3.59% since.

Bed Bath & Beyond Inc. (BBBY, Financial): Co-Chairman Warren Eisenberg sold 196,000 Shares

Co-Chairman of Bed Bath & Beyond Inc. (BBBY) Warren Eisenberg sold 196,000 shares on 01/11/2010 at an average price of $40.67.

Bed Bath & Beyond is a nationwide operator of `superstores` selling predominantly better quality domestics merchandise and home furnishings typically found in better department stores. Bed Bath & Beyond Inc. has a market cap of $10.68 billion; its shares were traded at around $40.67 with a P/E ratio of 20.4 and P/S ratio of 1.5. Bed Bath & Beyond Inc. had an annual average earning growth of 24.1% over the past 10 years. GuruFocus rated Bed Bath & Beyond Inc. the business predictability rank of 3.5-star.

Bed Bath & Beyond Inc. recently reported net earnings of $.58 per diluted share ($151.3 million) in the fiscal third quarter ended November 28, 2009, an increase of approximately 71% versus net earnings of $.34 per diluted share ($87.7 million) in the same quarter a year ago. Net sales for the fiscal third quarter of 2009 were approximately $1.975 billion, an increase of approximately 10.8% from net sales of approximately $1.783 billion reported in the fiscal third quarter of 2008. Comparable store sales in the fiscal third quarter of 2009 increased by approximately 7.3%, compared with a decrease of approximately 5.6% in last year's fiscal third quarter.

Bed Bath & Beyond Inc. is owned by some Gurus. John Hussman, Chris Davis, Richard Aster Jr., and Brian Rogers all have places in this stock.

Insiders, Senior VP - Stores Matthew Fiorilli, Co-Chairman Leonard Feinstein, and Co-Chairman Warren Eisenberg all sold some of this stock recently.

Yum! Brands Inc. (YUM, Financial): Pres. - Yum Rest. China Jingshyh S Su sold 162,282 Shares

Pres. - Yum Rest. China of Yum! Brands Inc. (YUM) Jingshyh S Su sold 162,282 shares on 01/13/2010 at an average price of $35.67.

Yum! Brands Inc. is the one of the world's largest restaurant companies, with restaurants around the world in numerous countries and territories. Yum! Brands Inc. has a market cap of $16.68 billion; its shares were traded at around $35.67 with a P/E ratio of 16.7 and P/S ratio of 1.5. The dividend yield of Yum! Brands Inc. stocks is 2.4%. Yum! Brands Inc. had an annual average earning growth of 9.9% over the past 5 years.

Yum! Brands Inc. recently reported Earnings Per Share (EPS) of $0.69, or $0.70 excluding special items, for the third quarter ended September 5, 2009.

Yum! Brands Inc. is owned by 4 Gurus. Mason Hawkins, and Bill Nygren all hold places in this stock.

Insiders, Pres. - Yum Rest. China Jingshyh S Su, SVP Public Affairs Jonathan David Blum, and President Taco Bell Greg Creed all sold some of this stock recently

Red Hat Inc. (RHT, Financial): Director Matthew Szulik sold 137,350 Shares

Director of Red Hat Inc. (RHT) Matthew Szulik sold 137,350 shares on 01/14/2010 at an average price of $29.08.

Red Hat Inc. is a developer and provider of open source software and services, including the Red Hat Linux operating system. Red Hat Inc. has a market cap of $5.46 billion; its shares were traded at around $29.08 with a P/E ratio of 58.2 and P/S ratio of 8.4. Red Hat Inc. had an annual average earning growth of 87.8% over the past 5 years.

Red Hat reported 3rd quarter financial results lately. Total revenue for the quarter was $194.3 million, an increase of 18% from the year ago quarter. Subscription revenue for the quarter was $164.4 million, up 21% year-over-year.

Insiders, CEO & President James M Whitehurst, EVP, CFO Charles E Jr Peters, Director Matthew Szulik, Director William S Kaiser, and EVP, Engineering Paul J Cormier sold shares of this stock recently.

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