Weekly Top Insider Sells: Microsoft Corp., Perrigo Company, The Travelers Companies Inc., International Business Machines Corp, Wisconsin Energy Corp.

Weekly Top Insider Sells: MSFT, PRGO, TRV, IBM, WEC

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May 15, 2010
According to GuruFocus Insider Data, these are the largest insider sells during the past week.

Director of Microsoft Corp. (MSFT, Financial) William H Gates Iii sold 9,000,000 shares during the past week at an average price of $28.93.

Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft Corp. has a market cap of $253.73 billion; its shares were traded at around $28.93 with a P/E ratio of 14.8 and P/S ratio of 4.4. The dividend yield of Microsoft Corp. stocks is 1.8%.

Microsoft Corp. announced record revenue of $19.02 billion for the second quarter ended Dec. 31, 2009, a 14% increase from the same period of the prior year. Operating income, net income and diluted earnings per share for the quarter were $8.51 billion, $6.66 billion and $0.74 per share, which represented increases of 43%, 60% and 57%, respectively, when compared with the prior year period.

Microsoft Corp. is owned by many Gurus. Donald Yacktman, Wallace Weitz, PRIMECAP Management, David Einhorn, David Tepper, and Jean-Marie Eveillard hold positions in this stock.

Sell:: Director William H Gates Iii sold 1,000,000 shares of MSFT stock on 05/07/2010 at the average price of 28.23, the price of the stock has increased by 2.48% since.

Perrigo Company (PRGO, Financial): Director David T Gibbons sold 650,000 Shares

Director of Perrigo Company (PRGO) David T Gibbons sold 650,000 shares on 05/12/2010 at an average price of $60.51.

Perrigo Company, is the nations largest manufacturer of store brand over-the-counter (non-prescription) pharmaceutical products and also manufactures store brand nutritional products.

Perrigo Company has a market cap of $5.52 billion; its shares were traded at around $60.51 with a P/E ratio of 23.3 and P/S ratio of 2.7. The dividend yield of Perrigo Company stocks is 0.4%. Perrigo Company had an annual average earning growth of 16.8% over the past 10 years. GuruFocus rated Perrigo Company the business predictability rank of 2.5-star

Net sales from continuing operations for the second quarter of fiscal 2010 were 583 million, an increase of 9 percent. Report income from continuing operations was 53 million, or 0.57 per share, a strong increase over 24 million, or 0.26 per share, a year ago.

Perrigo Company is owned by 4 Gurus. Edward Owens owns a postion in this stock.

Sell:: Executive VP U.S. Generics Sharon Kochan sold 2,588 shares of PRGO stock on 05/11/2010 at the average price of 62.74, the price of the stock has decreased by 3.55% since.

The Travelers Companies Inc. (TRV, Financial): Chairman & Chief Exec. Officer Jay S Fishman sold 625,000 Shares

Chairman & Chief Exec. Officer of The Travelers Companies Inc. (TRV) Jay S Fishman sold 625,000 shares on 05/12/2010 at an average price of $50.12.

St. Paul Travelers is a provider of commercial property-liability insurance and asset management services. The Travelers Companies Inc. has a market cap of $25.36 billion; its shares were traded at around $50.12 with a P/E ratio of 8.1 and P/S ratio of 1. The dividend yield of The Travelers Companies Inc. stocks is 2.6%.

The Travelers Companies, Inc. reported net income of $647 million, or $1.25 per diluted share, for the quarterended March 31, 2010, compared to $662 million, or $1.11 per diluted share, for the quarter ended March 31, 2009. Operating income in the current quarter was $631 million, or $1.22 per diluted share, compared to $799 million, or $1.34 per diluted share, in themprior year quarter.

The Travelers Companies Inc. is owned by many Gurus. David Einhorn and Irving Kahn hold positions in this stock.

Insiders SVP & Controller Douglas K Russell and President & COO Brian W Maclean sold some of this stock recently.

International Business Machines Corp (IBM, Financial): Senior Vice President Steven A Mills sold 138,819 Shares

Senior Vice President of International Business Machines Corp (IBM) Steven A Mills sold 138,819 shares on 05/13/2010 at an average price of $131.19. IBM uses advanced information technology to provide customer solutions.

International Business Machines Corp has a market cap of $170.42 billion; its shares were traded at around $131.19 with a P/E ratio of 12.9 and P/S ratio of 1.8. The dividend yield of International Business Machines Corp stocks is 2%. International Business Machines Corp had an annual average earning growth of 10.7% over the past 10 years.

IBM announced first-quarter 2010 diluted earnings of $1.97 per share compared with diluted earnings of $1.70 per share in the first quarter of 2009, an increase of 16 percent.

First-quarter net income was $2.6 billion compared with $2.3 billion in the first quarter of 2009, an increase of 13 percent. Total revenues for the first quarter of 2010 of $22.9 billion increased 5 percent (flat, adjusting for currency) from the first quarter of 2009.

International Business Machines Corp is owned by several Gurus. David Williams owns a position in this stock.

Sell:: Senior Vice President Rodney C Adkins sold 9,772 shares of IBM stock on 05/13/2010 at the average price of 130.85, the price of the stock has increased by 0.26% since.

Wisconsin Energy Corp. (WEC, Financial): Sr. VP, Chief Admin. Officer Kristine A Rappe sold 143,925 Shares

Sr. VP, Chief Admin. Officer of Wisconsin Energy Corp. (WEC) Kristine A Rappe sold 143,925 shares on 05/10/2010 at an average price of $50.87.

Wisconsin Energy Corp. is a holding company with subsidiaries in utility and non-utility businesses. Wisconsin Energy Corp. has a market cap of $5.95 billion; its shares were traded at around $50.87 with a P/E ratio of 16.7 and P/S ratio of 1.5. The dividend yield of Wisconsin Energy Corp. stocks is 3.1%. Wisconsin Energy Corp. had an annual average earning growth of 2.2% over the past 10 years. GuruFocus rated Wisconsin Energy Corp. the business predictability rank of 3-star.

Wisconsin Energy reported net income from continuing operations of $130 million or $1.10 per share for the first quarter of 2010. This compares with earnings of $142 million or $1.20 per share from continuing operations in last year’s first quarter. Total retail sales of electricity rose by 0.3 percent compared to the first quarter of 2009.Consumption of electricity by residential customers declined by 3.6 percent – the result of mild winter weather.

Wisconsin Energy Corp. is owned by 4 Gurus.HOTCHKIS & WILEY owns a position in this stock.

Sell:: Executive Vice President Frederick D Kuester sold 25,000 shares of WEC stock on 04/27/2010 at the average price of 52, the price of the stock has decreased by 2.17% since.

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